Global Connected Aircraft Market

Connected Aircraft Market Size, Share, Growth Analysis, By Type(Hardware (Satellite communication systems, Data management systems, Interfacing devices, Others)), By Platform(Commercial Aviation (Narrow-body aircraft, Wide-body aircraft, Regional jets, and Commercial helicopters)), By Connectivity(In flight connectivity, Air-to-Air Connectivity, Aircraft-to-Ground Connectivity), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20A2151 | Region: Global | Published Date: September, 2024
Pages: 202 | Tables: 60 | Figures: 75

Connected Aircraft Market News

  • In January 2024, All Nippon Airways (ANA) headed by Koji Oka, vice president of products and services innovations initiated its first connected aircraft flights and is now evaluating whether to proceed with a Ka-band or Ku-band solution. The Ka-band is appealing because it allows for service provision by a single company, while the Ku-band is noted for its potential to offer greater data capacity in the future. 

  • In 2024, Honeywell is uniquely positioned to integrate its mechanical system equipment, maintenance, and diagnostics with its onboard avionics and data collection systems, extending this connectivity offboard in real-time. This capability effectively transforms the aircraft into a connected node in the sky. 

  • In 2023, Boeing is considering the introduction of a satellite-based In-Flight Connectivity (IFC) system as an optional feature for its 737, 777, and 787 models. Implementing this type of connectivity directly from the production line would enable operators of the 787, which collects up to 146,000 data parameters per flight, to gather more comprehensive information about the aircraft's health during operation. 

  • In 2023, the rapid advancements in AI technologies, particularly Large Language Models (LLMs), suggest that the industry will soon see significant implementations. Solutions like Aviadex.io are laying the groundwork for the adoption of these emerging technologies. 

  • In May 2023, Honeywell Aerospace announced a partnership with Thales Group to develop advanced flight control systems for next-generation aircraft, focusing on enhancing safety, efficiency, and automation capabilities. 

  • In March 2023, Viasat Inc. secured $175 million in funding from a syndicate of international lenders to support its ongoing investment in the development of its ViaSat-3 satellite constellation, expanding its global coverage and capacity. 

  • In January 2023, Boeing announced a partnership with Xplore to explore the integration of Xplore's LEO satellite communication capabilities into Boeing's aircraft connectivity solutions, enabling faster and more reliable in-flight connectivity. 

  • In September 2022, Collins Aerospace acquired FlightAware, a flight tracking and aviation data company, to enhance its capabilities in digital aviation solutions and offer improved flight tracking services. 

  • In July 2022, Airbus and PAL Aerospace partnered to develop and market the Airbus Surface Maritime Awareness System (SMAS), a solution that combines satellite and aircraft surveillance data to enhance maritime surveillance capabilities. 

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Connected Aircraft Market size was valued at USD 3.46 billion in 2022 and is poised to grow from USD 4.33 billion in 2023 to USD 26.06 billion by 2031, growing at a CAGR of 25.15% in the forecast period (2024-2031).

The global connected aircraft market is characterized by strategic partnerships, research and development investments, and portfolio diversification. Companies in this market focus on developing innovative solutions to enhance passenger experiences, improve connectivity, and ensure flight safety. Key areas of competition include the deployment of advanced IoT technologies, satellite communication systems, and in-flight entertainment options. Additionally, companies strive to offer cost-effective solutions that comply with regulatory standards. The competitive landscape is dynamic, driven by the continuous advancements in technology and the increasing demand for connected aircraft solutions. 'Honeywell International, Inc. (US) ', 'Raytheon Technologies Corporation (US) ', 'Thales Group (France) ', 'Viasat Inc. (US) ', 'TE Connectivity Ltd. (Switzerland) ', 'BAE Systems (UK) ', 'Panasonic Avionics Corporation (Japan) ', 'Kontron AG (Germany) ', 'Astronics (US) ', 'Iridium Communications Inc. (US) ', 'Ramco Systems (India) ', 'Garmin (US) ', 'Brotecs (Germany) ', 'APIJET LLC (US) ', 'Exsyn Aviation Solutions (US) ', 'Flight Data Systems (US) ', 'Fleetplan.net (US) ', 'Bytron Aviation Systems (UK) ', 'Ultramain (US) ', 'Flightman (US) ', 'Donica International Inc. (US)'

One key driver of the connected aircraft market is the exponential growth of air passengers globally, leading to a higher demand for improved in-flight services and connectivity. The increasing number of individuals traveling by air presents a lucrative opportunity for airlines to enhance the passenger experience through technologies such as IoT and connected aircraft systems. This driver pushes the industry to invest in advanced connectivity solutions to meet the evolving expectations of travelers and gain a competitive edge in the market.

One key market trend in the connected aircraft industry is the increasing focus on data analytics and artificial intelligence (AI). Airlines and aviation companies are leveraging advanced analytics and AI algorithms to extract valuable insights from the vast amounts of data collected through connected aircraft systems. This allows them to optimize operational efficiency, improve maintenance practices, and enhance overall passenger experience. By harnessing the power of data and AI, the industry is able to make data-driven decisions, predict maintenance requirements, and offer personalized services, leading to improved safety, cost savings, and customer satisfaction.

North America dominated the global connected aircraft market. This can be attributed to several factors, including the presence of major aerospace and aviation companies, technological advancements, and high passenger demand for enhanced in-flight connectivity. The region is home to key players such as Honeywell International, Inc, Collins Aerospace, and GOGO LLC, who contribute to the development and implementation of connected aircraft solutions. Additionally, North America has a robust infrastructure to support the deployment of connected aircraft technologies, including a well-established telecommunications network and advanced aviation regulations. These factors, combined with the increasing adoption of IoT-based technologies in the aviation industry, further strengthen North America's dominance in the market.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Connected Aircraft Market

Report ID: SQMIG20A2151

$5,300
BUY NOW GET FREE SAMPLE