Aircraft communication system market

Global value

2018: $1.6 billion

2025: $2.9 billion

Market drivers

• Passenger demand for connectivity
• Increased commercial aircraft production
• Wireless technology innovation
• Signal transmission system investment
• Regulatory policies to replace outdated systems
• Enhancing travel safety, averting accidents
  

Growth segments

SATCOM systems – Aircraft, weather monitoring; government/military data, voice communication

>8% CAGR 2019-2025

Antennas – Constant air-to-ground signal transmission; multiple types, sizes based on application

>6.5% CAGR 2019-2025

Major players

• Collins Aerospace
• Harris Corp.
• Honeywell Aerospace
• Iridium Communications Inc.
• L3 Technologies
• Lockheed Martin
• Northrop Grumman Corp.
• Raytheon
  

Source: Global Market Insights Inc