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Global Aircraft Communication System Markets, 2022-2027: Increasing Need to Modernize and Replace Legacy Systems Drives Aircraft Communication System MarketDUBLIN, Dec. 2, 2022 /PRNewswire/ -- The "Global Aircraft Communication System Market by Connectivity (SATCOM, VHF/UHF/L-Band, HF and Data Link), Fit (Line Fit, Retrofit), Platform (Fixed-wing, Rotary-wing, UAVs and eVTOL/eSTOL), Component and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The aircraft communication system market is projected to grow from USD 8.2 billion in 2022 to USD 12.8 billion by 2027, at a CAGR of 9.2% from 2022 to 2027 Need to replace and modernize aircraft communication systems, increase demand for next generation IP systems and increased ongoing advancements in aircraft communication technologies across the globe are driving the aircraft communication system market growth. Ongoing technological advancements The rising passenger, as well as freight traffic and increasing aircraft movement have propelled technological advancements for the development of flight systems that help improve aircraft safety and security. As a result, communication technologies have improved, and subsequently, the demand for aircraft communication systems has increased. Several technological advancements are taking place in the field of aircraft communication systems. These include the multilink strategy, which will be the foundation of future data link architecture for future communication. The Future Communications Infrastructure (FCI) will integrate legacy technology like the aircraft communications addressing and reporting system (ACARS) and VDL2. AeroMACS, LDACS (L-band Digital Aeronautical Communications System), and satellite-based systems are all part of the FCI. To deal with future data link needs and services, the industry and research communities have been working on future communication radio systems. SESAR and NextGen are the two most important programs in this field of study at the moment. Internet Protocol (IP) version 6, the most advanced IP protocol, is also projected to be a trending technology in the aerospace sector. Earlier, IP networks were used to transfer data for air traffic management. Currently, IP technology has expanded its applicability in the field of voice communication. It uses a common network to transmit voice and data messages as compared to legacy communication systems. Thus, the use of a single network has led to a reduction in the cost associated with the operation of multiple onboard communication networks. The retrofit segment is projected to have 20.8% in 2022. The replacement of legacy systemsto reduce communication traffic and expenses is driving this market segment. The transceivers segment is estimated to have the second largest market share in 2022. Europe is estimated to account for the second largest market share in 2022 Europe is projected to have second largest market share in 2022. The countries considered under this region are UK, France, Russia, Italy, Germany, and Rest of Europe which includes Spain, Sweden, Switzerland, and The Netherlands. Growing public -private partnerships in aviation services, increasing technological advancements in UAV communications and increased spending on defense to enhance aircraft capabilities are driving this market Competitive landscape Some of the Major players operating in the aircraft communication system market include Thales Group (France), Northrop Grumman (US), BAE Systems (UK), Aselsan A.S. (Turkey) and Garmin Ltd. (US). Executive Summary
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