[December 20, 2017]

Global Aircraft Communication System Market Forecast to 2022 - Increased Demand for Satellite-Based Navigation System - Research and Markets

The "Aircraft Communication System Market by Product Type (SATCOM, VHF/UHF/L-Band, HF Communication, Data Link), Component (Transponder, Transceiver, Antenna, Transmitter, Receiver, Display & Processor), End User, Platform, Region-Global Forecast to 2022" report has been added to Research and Markets' offering.

The aircraft communication system market is projected to grow from USD 3.08 billion in 2017 to USD 5.20 billion by 2022, at a CAGR of 11.02% from 2017 to 2022.

Drivers

• Technological Advancements in Aircraft Communication System
• Use of Software-Defined Radio for Satellite Communication
• Increased Demand for Satellite-Based Navigation System
• Increase in Aircraft Deliveries
  

Restraints

• Radio Spectrum (News - Alert) Availability Issues
  

Opportunities

• Use of Commercial Off-The-Shelf (COTS) Technology in Aircraft Communication System
• Increase in Demand for Next-Generation IP Systems
• Commercialization of Unmanned Aerial Vehicles (UAVS)
  

• High Capital Requirement and Long Clearance Periods
• Failure of Atm System to Manage Traffic During Peak Hours
  

The North American region is estimated to account for the largest share of the aircraft communication system market in 2017. High disposable income of the middle-class population in the North American region has contributed to increased air travel in the region. This, in turn, has led to increased air passenger traffic in the North American region, which is contributing to increase in the number of new aircraft deliveries in the region.

This is further leading to the growth of the aircraft communication system market in the North American region. The Asia Pacific aircraft communication system market is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for new aircraft in the region, which is expected to fuel the growth of the aircraft communication system market during the forecast period.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Aircraft Communication System Market, By Component

8 Aircraft Communication System Market, By Product Type

9 Aircraft Communication System Market, By Platform

10 Aircraft Communication System Market, By End User

11 Regional Analysis

12 Competitive Landscape

13 Company Profiles

• Cobham
• General Dynamics (News - Alert)
• Harris
• Honeywell
• Iridium
• L3 Technologies
• Northrop Grumman
• Raytheon (News - Alert)
• Rockwell Collins
• Rohde & Schwarz
• Thales
• Viasat

For more information about this report visit https://www.researchandmarkets.com/research/dtzsvq/global_aircraft?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20171220005510/en/

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