Aircraft Communication System Market estimated to grow at a CAGR of 12.2%

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aircraft Communication System Market is expected to inflate at a CAGR of 12.2% by the forecast period (2020 – 2025).

Aircraft Communication System Market - Snapshot
Growth: 12.2% for next five years
Major Component Type: Transceiver
Major Product Type: SATCOM
Dominant End-User Type: Original Equipment Manufacturer
Region with the highest demand: North America
Key Players: Cobham PLC, General Dynamics Corporation, Honeywell International Inc., Harris Corporation, Iridium, L3 Technologies, Northrop Grumman Corporation, The Raytheon Company, and Thales Company.

Table Of Contents: https://www.stratviewresearch.com/toc/554/Aircraft%20Communication%20System%20Market.html

Highlights of the Report:
Based on the component type, the market is segmented as transponders, transceivers, antennas, transmitters, receivers, displays & processors, and others. The transceiver segment is estimated to register the highest growth during the forecast period.

Based on the product type, the market is segmented as SATCOM, VHF/UHF/L-Band, HF Communication, data link, and others. The SATCOM segment was expected to remain dominant in 2018. Of late, satellite communication (SATCOM) is normally offered by various communication centers that interconnect ground-based communication facilities with appositely equipped aircraft. This communication service is rendered through either a relay of radio calls by radio operators or automatic call connecting to phone lines directed through a telephone gateway.

Based on the end-user type, the market is segmented as original equipment manufacturer (OEM) and aftermarket. The OEMs segment was estimated to lead the market in 2018. As a part of the process in the aviation industry, aircraft are manufactured and delivered to the airlines with the aircraft communication systems already installed in them. Thus, the original equipment manufacturers (OEMs) are accountable for the installation of communication systems in an aircraft, which in turn, is driving the growth of this segment.

In terms of regions, the North American region was expected to remain dominant in the aircraft communication system market in 2018, as the region is proximal to several leading players of the market, which comprises, Northrop Grumman, Rockwell Collins, The Raytheon, Honeywell International Inc., and Curtiss-Wright, among a host of others. North America is estimated to continue its dominance during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

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Key Players of the Market
Some of the major players in the aircraft communication system market are Cobham plc, General Dynamics Corporation, Honeywell International Inc., Harris Corporation, Iridium, L3 Technologies, Northrop Grumman Corporation, The Raytheon Company, and Thales Group.

Features of the Report
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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