What Are the Communication Technology Options for Your Aviation Business?
The market for aircraft communication systems is influenced by various factors such as rise in air travel, and increasing demand for SATCOM technologies. These factors are poised to drive the market growth of aircraft communication systems from 2017 to 2025. However, there are factors hindering the growth of the market during the forecast period such as high investments incurred during procurement of such advanced systems, and failure of air traffic management systems during the peak hour of air traffic. Moreover, several research and development activities being carried out by different aircraft communication systems manufacturers are poised to help the market for aircraft communication systems to escalate over the years in future.
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The presence of Lockheed Martin, Northrop Grumman and general dynamics are some of the major military aircraft suppliers operating in the region thus, creating an exponential market for aircraft communication systems. Moreover, the United States is focused on reducing the gap between the pilots and air traffic controllers, and in order to bridging the gap, Federal Aviation Administration (FAA) has undertaken an initiative named NextGen Avionics. This new technology is attracting the general aviation aircraft manufacturers and general aviation owners, since this technology is helping the general aviation aircraft owners to meet the Automatic Dependent Surveillance Broadcast out mandate.
Currently, the global aircraft communication system market is witnessing a substantial growth, and is projected to rise in the coming years. The aircraft communication system market is a highly fragmented market, with large to medium sized enterprises operating in the field. These established companies invest significant amount in their research and development wings in order to develop and manufacture technologically advanced communication systems for commercial aircrafts as well as military aircrafts. The aircraft manufacturers on the other hand, are procuring advanced technologies in order to equip their airplanes with the latest technology and meet the demand of control towers as well as customers. This factor is influencing the growth of aircraft communication system market heavily.
The Prominent Players of Aircraft Communication System :
1. Cobham
2. Honeywell International
3. Harris Corporation
4. General Dynamics
5. L-3 Technologies
6. Northrop Grumman
7. Thales Group
8. Raytheon Company
9. Rockwell Collins
10. Viasat