The global aircraft communication market size was evaluated at $8.21 billion in 2022 and is slated to hit $16.78 billion by the end of 2030 with a CAGR of nearly 9.40% between 2023 and 2030.
The crew of an aircraft can communicate with other aircraft and ground personnel using radio and other electronic means. It allows planes to take off and land without any hitches in their operations. Aircraft communication also reduces the potential for midair collisions. Just so you know, electronic parts and other subsystems are used in airplane chatter. There are audio integrating systems, cockpit voice recorders, and communication radios all rolled into one.
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???? Major Takeaways
• Our research analyst has revealed that the worldwide market for aviation communications is expected to develop at a CAGR of roughly 9.40% from the years 2023 to 2030.
• In terms of revenue, the global aircraft communication market size was evaluated at nearly $8.21 billion in 2022 and is expected to reach $16.78 billion by 2030.
• The increasing adoption of software-defined radio in aircraft for satellite-based communication is expected to propel the global airplane communication market to significant expansion over the forecast period.
➤ Global market trends will be determined by the rising popularity of VHF and satellite communication
Growth in the worldwide aviation communication market has been positively influenced by the increasing prevalence of software-defined radio in airplanes for satellite-based communication. The market for aircraft communication is expected to grow in the next several years as a growing number of suppliers adopt cutting-edge technology such VHF radio systems, air traffic management systems, and wireless communication systems. Drones’ increasing commercialization and widespread application in fields as diverse as agriculture, construction, and security have boosted the aircraft communication industry around the world.
Commercial off-the-shelf, unmanned aerial vehicle (UAV), and Internet Protocol version 6 (IPv6) systems are examples of next-generation technologies that major aircraft manufacturers are increasingly prioritizing. The global market is expected to expand as a result of rising investments in R&D activities leading to the development of cutting-edge communication tools by industry participants. The introduction of new aircraft services will help to propel the growth of the global market. One such example is the introduction of the Iridium Certus® aviation commercial service by Iridium Communications Inc. in July 2023. The change is meant to enhance airplane connectivity as well as speech and data capabilities.
➤ By 2030, the worldwide aircraft sector could see a slowdown due to the high cost of implementing new communication systems
Exorbitant production costs and the requirement for substantial initial expenditures in infrastructure are limiting the global development of the airplane communication sector. The high price of airplane communication systems is another factor that could slow the expansion of this global market. Aircraft antennas, state-of-the-art audio-integrated systems, and communication radios are all examples of high-priced communication equipment.
➤ The increasing adoption of IP-based systems has sparked fresh avenues of expansion in the global market
The global aviation communication market stands to gain from the widespread adoption of next-generation IP tools. For instance, a next-gen IP system like AeroMacs Communications is employed to guarantee safe aircraft operations. In addition, IP network service providers’ incomes have increased as the use of cutting-edge IP technologies has grown. The expansion of the global market is inevitable in light of all the aforementioned factors.
➤ A significant barrier to the worldwide industry’s expansion may be the lack of effective air traffic control capabilities
Inadequate management of air traffic during peak times poses a significant threat to the worldwide aircraft communication sector. Since these systems are employed to constantly monitor air traffic and offer recommendations regarding aircraft movement to pilots and aircraft employees, their inefficiency might have an effect on the air communication industry.
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The Global Aircraft Communication Market is segmented based on product, application and region
Global Aircraft Communication Market: Product Segment Analysis
● Audio Integrating Systems
● Radio Tuning Systems
● Communication Radios
Global Aircraft Communication Market: Application Segment Analysis
● Very-High Frequency
The global aircraft communication market profiles key players such as:
● SARIA International GmbH
● Becker Avionics
● Rohde & Schwarz GmbH & Co KG
● Cobham Plc
● Raytheon Company
● L3 Technologies Inc.
● Northrop Grumman Systems Corporation
● Viasat Inc.
● Lockheed Martin Corporation
● Rockwell Collins
● CUONICS GmbH
● United Technologies Company
● Thales Group
● General Dynamics Corporation
● Elbit System
● B&E Antec Company
● Harris Corporation
● Airbus SE
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➤ Over the years 2023-2030, the North American market is expected to rise to the top of the worldwide competition.
In 2022, North America held a portion of the worldwide aviation communication market equal to 50%. This share is expected to grow to 60% by 2022. Market expansion in the subcontinent may also be attributable to an increase in international air travel, as seen in countries like the United States. The regional market trends will be bolstered by the presence of important competitors in countries like the United States and Canada. The regional market boom will also be bolstered by strategic agreements amongst the major market participants in these countries. One such example is the April 2022 partnership between L3 Harries Technologies, a major U.S. provider of commercial and military avionics and next-gen surveillance and navigation products, and OEMServices SAS, a French provider of maintenance, repair, and logistics support for commercial aircraft, to sell aircraft communication and surveillance systems. The move will catalyze rapid expansion in the North American sector.
As governments in places like Russia, France, Ukraine, the UK, Italy, Denmark, Spain, and Estonia increase their spending on military aircraft and drones for military operations, the European aircraft communication business is expected to see the highest CAGR. The industrial growth in the continent will be propelled in the coming years by a notable increase in the usage of GPS antennae in helicopters in countries like the UK to bring efficiency in search and rescue operations. Increased commercial UAV deployment in the future years will spur economic development in the region.
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