Dublin, May 01, 2018 (GLOBE NEWSWIRE) -- The "Aircraft Communication Systems Market to 2025 - Global Analysis and Forecasts by Type, Components, & Aircraft Type" report has been added to ResearchAndMarkets.com's offering.
The aircraft communication systems equipment market is estimated to generate revenue of US$ 15,375.1 Mn by 2025, as compared to US$ 7112.0 Mn 2016, escalating at a CAGR of 9.4% during the forecast period from 2017 to 2025.
In 2016, North America dominated the market for aircraft communication systems, capturing 46.1% of the overall market share. The major factor boosting the market for aircraft communication systems in North America is the largest aircraft fleet size in terms of commercial as well military aircrafts.
In addition, major aircraft manufacturers such as Boeing, Lockheed Martin Corporation, Northrop Grumman Corporation, among others are present in the region, which procures huge quantity of aircraft components year on year, including technologically advanced airborne communication systems. Furthermore, the United States is focused on reducing the gap between the pilots and air traffic controllers, and in order to bridging the gap, Federal Aviation Administration (FAA) has undertaken an initiative named NextGen Avionics.
This new technology is attracting the general aviation aircraft manufacturers and general aviation owners, since this technology is helping the general aviation aircraft owners to meet the Automatic Dependent Surveillance Broadcast out mandate. Currently the maximum of general aviation aircraft is not equipped with automatic dependent surveillance - broadcast out equipment, due to its high price, however, owing to the rebate of US$ 500 offered by Federal Aviation Administration (FAA), the general aviation aircraft owners are able to integrate their aircraft with the same.
The NextGen Avionics initiative is anticipated to boost the growth of ADS-B in the United States and also across the globe, resulting in growth of aircraft communication systems market during the forecast period from 2017 to 2025.
Key Topics Covered:
1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 Scope of the Study
3 Key Takeaways
4 Market Landscape
4.1 Market Overview
4.2 Market Segmentation
4.3 Global Aircraft Communication Systems Market - By Type
4.4 Global Aircraft Communicaton Systems Market - By Component
4.5 Global Aircraft Communication Systems Market - By Aircraft Type
4.6 Global Aircraft Communication Systems Market - By Geography
4.7 Porter's Five Forces
4.7.1 Bargaining Power of Buyers
4.7.2 Bargaining Power of Suppliers
4.7.3 Threats to Substitutes
4.7.4 Threats to New Entrants
4.7.5 Competitive Rivalry
5 Global Aircraft Communication Systems Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Significant Rise in Demand for Aircraft Deliveries
5.1.2 Surging Investments in Avionics
5.1.3 Increasing Aircraft Modernization Programs
5.2 Key Market Restraints
5.2.1 High Cost of the Advanced Communication Systems
5.3 Key Market Opportunities
5.3.1 Demand for Enhanced Satellite Based Communication and Navigation Systems
5.4 Future Trends
5.4.1 Technological Advancement and Governmental Initiatives are Anticipated to Influence the Growth of Aircraft Communication Systems
5.5 Impact Analysis of Drivers and Restraints
6 Aircraft Communication Systems Market - Global
6.1 Global Aircraft Communication Systems Market Overview
6.2 Global Aircraft Communication Systems Market Forecast and Analysis
7 Global Aircraft Communication Systems Market Analysis - By Type
7.1 Overview
7.2 VHF/UHF/HF Radio
7.3 Data Links
7.4 SATCOM
8 Global Aircraft Communication Systems Market Analysis - By Components
8.1 Overview
8.2 Antenna
8.3 Transponders
8.4 Transceivers
8.6 Displays & Processors
9 Global Aircraft Communication Systems Market Analysis - By Aircraft Type
9.1 Overview
9.2 Commercial
9.3 Military
10 Global Aircraft Communication Systems Market - Geographical Analysis
11 Industry Landscape
11.1 Market Initiative
12 Competitive Landscape
12.1 Competitive Product Mapping
12.2 Market Positioning - Global Top 5Players Ranking
13 Global Aircraft Communication Systems Market - Key Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/vbvzf3/global_15_37?w=12
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