As per the report titled ‘Aircraft Communication System Market Size By Product, By Component, By Aircraft , By Distribution Channel Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025’, available with Market Study Report, global aircraft communication system market is anticipated to see prominent gains through 2025.

Increasing aircraft deliveries and growing consumer inclination towards air travel are driving the growth of aircraft communication system market. Connected communication system in aircrafts offers a centralized access to electronics.
 

According to the Center for Aviation, approximately 1,740 aircraft were delivered worldwide in 2017, witnessing a growth of 1.5% compared to 2016. Growing international and regional tourism will continue to expand the industry landscape over the estimated timeframe. Furthermore, increasing defense budget is bolstering the demand for military aircrafts. Need for improved and high precision navigations systems in military aircrafts for operations across multiple locations including cross boundaries will augment the demand for advanced aircraft communication systems over the forecast timeframe.
 

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Necessity of aircraft communication systems in case of emergencies and rescue operations are rendering a positive impact on the market growth. Rising adoption of wireless communication technologies, VHF radio system, and 4D trajectory to govern air traffic with improved communication will bolster the product demand in the coming years. Furthermore, government mandates for installation of efficient communication systems and environmental policies are urging manufacturers to develop innovative and lightweight communication system to lower overall aircraft weight and reduce GHG emissions. This factor along with replacement of aging systems and strict MRO standards will stimulate the market growth during the forecast period.
 

As per the product landscape, SATCOM segment is expected to garner significant volume share over the next five years. Efficient transmission of earth-based information to aircraft located anywhere across the globe is supporting the demand for SATCOM systems. Use of these systems for data and voice communications across government and military platforms is augmenting the segmental share.
 

In terms of component, transponders are witnessing an accelerated demand for communication with various types of aircraft including commercial aircraft, military aircraft, and spacecrafts. Effective air safety & air traffic control, air to air data exchange between Traffic Collision Avoidance System (TCAS) equipped aircrafts, barometric altitude identification, and exact location determination are some of the benefits propelling the demand for transponders.  
 

Elaborating on the aircraft type, helicopters segment is poised to witness a sizeable growth during the analysis period. Increasing commercial helicopter usage coupled with the growing availability of helicopter communication systems like transponder antennas are driving the segment growth. Notably, satellite communication systems in helicopters allow crucial information exchange between the ground and aircraft making helicopters into vital information hubs.
 

Speaking of the distribution channel, aftermarket segment is anticipated to witness modest growth in the forthcoming years, owing to growing focus to improve and maintain the aircraft communication systems by upgrading faulty components such as transceivers, transponders, and antennas. In addition, stringent MRO regulations facilitate annual maintenance of the aircraft, enhancing the segment growth.
 

Considering the geographical landscape, Asia Pacific aircraft communication system market is slated to expand decently over the predicted timeline. According to the IATA, APAC will account for more than half of worldwide air passenger traffic from 2015 to 2035. Increasing commercial aircraft deliveries and surging air passenger traffic in nations like India, China, and Japan are driving the growth of APAC market.
 

Viasat, Ducommun Incorporated, Honeywell, Rockwell Collins, Thales, Harris, UTC, Raytheon, Northrop Grumman, and Cobham are the major companies in aircraft communication system market.