AIRCRAFT COMMUNICATION SYSTEMS MARKET ANALYSIS

Market Challenges And Opportunities

High costs for development of aircraft communication system is a major factor hampering growth of the market

High costs associated with development of different aircraft communication systems is a major factor restraining the market growth. Additionally, high initial installation cost of advanced technologies is another factor hindering growth of the market across the globe. For instance, using commercial off-the-shelf or COTS technology in aircraft communication could lead to high investments.

Increasing use of the Commercial Off-The-Shelf (COTS) technology in aircraft communication system is expected to be the major growth factor for the market

The COTS is an advanced communication system, which aids in improving safety of aircraft during their operation. This system is also used for monitoring and controlling operation with another aircraft or ground stations, which helps in increasing the safety of passengers and also minimize aircraft accidents. However, COTS has also fulfilled the DO-254 safety standard, by Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA). Hence, the benefits of COTS is expected to positively aid in growth of the aircraft communications system market.