Gogo (US) and Panasonic Avionics (US) are the Major Players in the Connected Aircraft Market
Connected aircraft refers to a set of systems and solutions in an aircraft that provides real-time information to make work easier for aircraft maintainers and reduce aircraft grounded time by translating aircraft data into actionable metrics to improve operational efficiency. Connected aircraft also provides flight information to the inflight crew and enhances passenger travel experience.
The connected aircraft market is projected to grow from USD 3.29 Billion in 2017 to USD 7.16 Billion by 2022, at a CAGR of 16.83% during the forecast period. Factors such as technological advancements, the rise in aircraft deliveries, and the growing need to upgrade existing connectivity systems are major factors driving the market for connected aircraft.
Major players operating in the connected aircraft market include Gogo (US), Honeywell (US), Panasonic Avionics (US), Global Eagle Entertainment (US), and Inmarsat (UK). These key players offer various connected aircraft products and have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific.
Gogo (US) is a leading company in the connected aircraft market, with a strong presence in North America and Europe. The company offers voice and data communication products and services. It offers a complete suite of connectivity solutions to commercial aircraft and business aircraft owners and operators. It includes global network solutions, equipment related services, passenger services, airline owners and operator services, and networking monitoring and management services. In 2016, Gogo partnered with Air France-KLM for installing the Gogo's 2Ku technology in Boeing 777 and Airbus A330s. This technology enables entertainment systems to stream video and provides the ground-like performance to the aircraft.
Panasonic Avionics (US) is another leading company in the connected aircraft market, with a strong presence in North America, Europe, and Asia Pacific. The company provides easy access to in-flight shopping, satellite phone communications, email, and GPS flight location display. Panasonic Avionics is expanding its global reach by entering into partnerships and signing agreements. In 2017, Panasonic Avionics and Singapore Airlines entered into a partnership to introduce 8 new innovations in personalization IFE services for passengers.
Related Reports:
Connected Aircraft Market by Type (Systems, Solutions), Application (Commercial, Military), Connectivity (Inflight, Air-to-Air, and Air-to-Ground Connectivity), Frequency Band (Ka-Band, Ku-Band, L-Band), and Region - Global Forecast to 2022
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