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Connected Aircraft Market Share

Report ID: GMI7817
Published Date: Jan 2024
Report Format: PDF

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Connected Aircraft Market Share

Players operating in the connected aircraft industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the market.

Connected Aircraft Market Companies

Some major players operating in the connected aircraft industry are:

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

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.