Home > Aerospace & Defense > Aviation Technology > Aircraft Communication System Market

Aircraft Communication System Market Share

Report ID: GMI2329
Published Date: Sep 2023
Report Format: PDF

Download Free Sample

Aircraft Communication System Market Share

The aircraft communication system market is highly competitive owing to the presence of key players such as

Honeywell International Inc.
Northrop Grumman Corporation
Thales Group
L3Harris Technologies Inc.

General Dynamics Corporation. Increasing investments in facility centers & acquisitions by industry participants are expected to expand their foothold in the commercial industry. Similarly, significant investments in R&D to gain technological competitiveness and aggressive business strategies, such as technological launches, collaborations & long-term agreements, to capture market shares are positively impacting the aircraft communication system industry trends.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for aircraft communication system was valued at USD 8.4 billion in 2022 and will register over 9.5% CAGR from 2023-2032 due to the increasing demand for real-time connectivity and data exchange in the aviation sector worldwide.

SATCOM aircraft communication system industry will register 10% CAGR in 2022 and will witness significant growth from 2023-2032 on account of the growing need for constant connectivity in the aviation industry.

North America aircraft communication system is expected to register notable CAGR from 2023-2032 owing to the presence of several major aircraft manufacturers as well as airline & defense organizations in the region.

Honeywell International Inc., Northrop Grumman Corporation, Thales Group, L3Harris Technologies Inc., and General Dynamics Corporation are some of the major aircraft communication system companies worldwide.