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Connected Aircraft Market Analysis

Report ID: GMI7817 Published Date: January 2024Report Format: PDF
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Connected Aircraft Market Analysis

Connected Aircraft Market Size, By Platform, 2021-2032, (USD Billion)

Based on platform, the market is segmented into commercial aviation, military aviation, business aviation & general aviation, unmanned aerial vehicles, and advanced air mobility. The commercial aviation segment dominated the market in 2023 with a share of over 30%.

  • Connected aircraft systems facilitate real-time monitoring of performance data, leading to more efficient operations. This includes predictive maintenance, fuel optimization & route planning, contributing to cost savings and operational excellence.
  • The use of data analytics and artificial intelligence in connected aircraft allows airlines to make informed decisions. This data-driven approach enhances overall decision-making processes, from flight planning to maintenance strategies.

 

Connected Aircraft Market Share, By Connectivity, 2023

Based on connectivity, the market is divided into in-flight connectivity, air-to-air connectivity, and air-to-ground connectivity. The air-to-ground connectivity segment is anticipated to register a CAGR of over 12% through 2032.

  • Air-to-ground connectivity is generally more cost-effective to implement compared to satellite-based solutions. This makes it an attractive option for airlines, especially for short- to medium-haul flights, where continuous satellite coverage may not be as critical. Advancements in air-to-ground technology have led to improved bandwidth capabilities, providing faster & more reliable internet connections for passengers and enabling a broader range of in-flight services.
  • Air-to-ground connectivity is well-suited for flights over urban & suburban areas, where the availability of ground-based infrastructure allows for consistent and reliable connections. This is particularly advantageous for regional and domestic flights.

 

U.S. Connected Aircraft Market Size, 2021-2032,  (USD Billion)

North America dominated the global market with a share of over 30% in 2023. The North America connected aircraft market is expanding due to the increased demand for in-flight connection, a focus on technological innovation, and a strong presence of leading market competitors. North American airlines place a premium on improving passenger experiences through seamless connectivity, thus pushing the adoption of modern avionics and communication technology. Furthermore, the region's robust aviation infrastructure, governmental support, and tech-savvy customer base all contribute to the North America connected aircraft industry expansion.

Author: Suraj Gujar, Deeksha Vishwakarma
Frequently Asked Question(FAQ) :

What is the size of the connected aircraft market?+

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.

How is commercial aviation impelling the demand for connected aircraft?+

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.

Who are the key players in the global connected aircraft industry?+

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

Why is North America connected aircraft market growing?+

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.

Connected Aircraft Market Scope

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