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Connected Aircraft Market Trends

  • Report ID: GMI7817
  • Published Date: Jan 2024
  • Report Format: PDF
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Connected Aircraft Market Trends

The integration of 5G technology in connected aircraft enhances in-flight connectivity by providing faster data transmission, lower latency, and greater network capacity. This enables a seamless experience for passengers, supporting high-bandwidth applications and services.

The Internet of Things (IoT) in connected aircraft involves sensors collecting real-time data on various components. This data is analyzed to predict maintenance needs, reduce downtime, and optimize operational efficiency by addressing potential issues before they become critical. Also, data analytics and artificial intelligence in connected aircraft utilize advanced algorithms to interpret & derive insights from the vast amounts of data generated. This enhances operational decision-making, enables predictive analytics for maintenance, and contributes to overall efficiency improvements in aviation processes.
 

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for connected aircraft was valued at over USD 8 billion in 2023 and is anticipated to record over 10.5% CAGR between 2024 & 2032 as airlines use linked aircraft technologies to enhance passenger experiences.

The commercial aviation segment held a revenue share of over 30% and will increase by 2032 as the connected aircraft systems facilitate real-time monitoring of performance data, leading to more efficient operations.

North America connected aircraft industry share was over 30% in 2023 and will grow significantly through 2032 due to the increased demand for in-flight connection, a focus on technological innovation, and a strong presence of leading companies.

BAE Systems PLC, Gogo Inc., Honeywell International Inc., Raytheon Technologies Corporation, TE Connectivity Ltd., Thales Group, and Viasat Inc.

Connected Aircraft Market Scope

  • Connected Aircraft Market Size
  • Connected Aircraft Market Trends
  • Connected Aircraft Market Analysis
  • Connected Aircraft Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 336
    • Countries covered: 21
    • Pages: 220
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