According to a new market research study titled 'Aircraft Communication Systems Market to 2025 - Global Analysis and Forecasts by Types, Components and Aircraft Types, the global aircraft communication systems market is calculated to account for US$ 15,375.1 Mn by 2025 as compared to US$ 7112.0 Mn in 2016, growing at a CAGR of 9.4% during the forecast period from 2017 to 2025. The report highlights the trends prevalent in the global aircraft communication systems market and the factors driving the market along with those that act as deterrents to its growth.

The expansion of aircraft communication systems market is poised during the forecast period from 2017 to 2025, relating to various factors prevailing in the industry across the globe. The key factor fueling the market growth is the significant rise in demand for satellite communication among the end users. This is due to the fact that, SATCOMs are early geostationary communication satellites used by airliners and defense forces in order to manage pilot-controller conversation. SATCOM facilitates in voice and data transmitting services, allowing the pilot to communicate with the ground station controller and airline operation centre. The SATCOM are installed on every aircraft ranging from light jets, piston engine aircrafts, turboprop aircrafts, turbojets, jumbo jets, fighter aircrafts, military transport aircraft, and even commercial and military aircrafts.

The global airspace is experiencing a huge demand for satellite based communication and navigation system, owing to limitation of air traffic management for long haul flights over oceans. With rapidly developing nations such as India, South Korea, Saudi Arabia, South Africa and Brazil among others, the demand for satellite communication is expected to escalate the demand for enhanced communication and navigation systems, as various airlines in these regions are introducing long haul flights in order to increase their footprints across the globe. Research initiatives are being undertaken by various research organizations in order to minimize the criticalities to track or locate aircraft flying over sea or ocean. Major research initiatives are being undertaken in the United States and European nations, which are anticipated to boost the growth of aircraft communication systems market. The Single Sky ATM Research (SESAR) initiative adopted by European nation to transform European airspace in to high performance air transport activity. Similarly, NextGen Avionics is an initiative adopted by Federal Aviation Administration (FAA) which focuses on bridging the communication gap between pilot and air traffic controller. The new developments in air traffic management, various developed as well as developing countries are mandating the usage of Controller-Pilot Data Link Communication (CPDLC), and Automatic Dependent Surveillance-Broadcast (ADS-B) for satellite communication and navigation during flights. These trends among the commercial aviation sector and military aviation sector are anticipated to catalyze the demand for satellite based communication and navigation systems in the coming years.

The global aircraft communication systems market has been segmented on basis of various parameters such as types, components, aircraft types and geography. Based on types the market for aircraft communication systems is segmented as VHF/UHF/HF radios, data links and SATCOM. The components segment include antenna, transponder, transceiver, and display & processors. The aircraft communication systems market is bifurcated on basis of aircraft types as commercial aircrafts and military aircrafts. The market is further analyzed by categorizing the market on basis of five strategic regions across the globe as North America, Europe, Asia Pacific, Middle East and Africa, and South America.

The key players operating in the market for aircraft communication systems across the globe includes, Harris Corporation (United States), Northrop Grumman Corporation (United States), L-3 Technologies Inc. (United States), Rockwell Collins (United States), Raytheon Corporation (United States), Thales Group (France), Viasat Inc. (United States), Cobham Plc. (United Kingdom), Honeywell International Inc. (United States), and General Dynamics Corporation (United States) among others.

The report segments the global aircraft communication systems market as follows:

Global Aircraft Communication Systems Market - By Types
VHF/UHF/HF Radios
Data Links
SATCOM
Global Aircraft Communication Systems Market - By Components
Antenna
Transponder
Transceiver
Display & Processor

Global Aircraft Communication Systems Market - By Aircraft Types
Commercial Aircrafts
Military Aircrafts

Global Aircraft Communication Systems Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Russia
U.K
Asia Pacific (APAC)
China
India
Japan
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America (SAM)
Brazil