Global Aircraft Communication System Market: Regional Insights
On basis of geography, the global aircraft communication system market is segmented into North America, Europe, Asia Pacifica, Latin America, Middle East, and Africa. North America is expected to exhibit highest growth in aircraft communication system market over the forecast period. The U.S. and Canada are the major growth engines in North America. The growth in this market is attributed to high presence of aerospace industry leaders across the region such as Boeing, Rockwell Collins, Inc. and Honeywell International Inc. (commercial avionics suppliers), which is positively affecting the market growth. Moreover, these manufacturers have adopted advanced communication systems in its products. For instance, Honeywell’s Versatile Integrated Avionics (VIA) is a general purpose processor developed for commercial airline market. Moreover, aircrafts of key players using the aircraft communication systems include Boeing 777 Passenger, Boeing 737 Passenger, Boeing 757 Passenger, Boeing (Douglas) MD-80, and Airbus A318/319/320/321 among others.
Similarly, Asia Pacific is expected to witness the fastest growth in aircraft communication system market. This is owing to increasing demand for aircrafts, which is leading to rising air passenger traffic. For instance, Airbus is expected to deliver 14,280 units of aircrafts in Asia Pacific within 2017 to 2036, which is 41% of the global demand. This is expected to aid in growth of the market in Asia Pacific over the forecast period.
Aircraft Communication Systems Market Report Snapshots
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