Stratview Research announces the launch of the Aircraft Communication System market report which aims to deliver comprehensive information on the market by considering several aspects of market research and analysis such as market size valuations, market dynamics, positioning and segmentation, competitive landscaping, and opportunity analysis.

Market Insights-
The aircraft communication system market was estimated at USD 2.3 billion in 2021 and is likely to rebound at an impressive CAGR of 6.3% during 2021-2026 to reach USD 3.2 billion in 2026.

Market Highlights

Aircraft operation hugely depends on efficient communication from aircraft to the ground, aircraft to aircraft, and ground to aircraft. All aerial vehicles including helicopters and unmanned aerial vehicles need an efficient communication system in order to operate flawlessly. A basic communication system involves the transmission and reception of voice and/or data in the form of electromagnetic waves. Communication is carried out in several frequencies allocated by the International Telecommunications Union (ITU). This spectrum of frequencies ranges from 30 kHz to 30,000 kHz and is divided into bands for convenience.

Over the years, increasing aircraft traffic has given rise to the emergence of new aircraft: A320neo, A220, A350XWB, B737 Max, and B787, which generate four times more aircraft and engine data as compared to older gen. aircraft, posing a mid-to-long-term risk of congestion. This presents the market stakeholders with an opportunity in disguise, to fulfill the unmet needs of the market.

Aircraft communication system account for ~20% share of the total avionics equipment market. With increasing ACARS volume and rapidly evolving customer needs, there have been ceaseless developments in the communication systems market ranging from wireless communication equipment to surging use of data link and SATCOM-based communications.

Though the market efficiently dodged the B737max grounding debacle in 2019, the rapid spread of the pandemic in 2020 hit the market like a bolt out of the blue, bringing in sudden changes in the business, and disconcerting the entire industry.

Nevertheless, the long-term scenario still seems lucrative, backed by strong industry fundamentals coupled with the stakeholders’
unmatched ability to strive through the crisis.

Other key factors fueling the growth of the market, in the long run, are-
• rebounding commercial aircraft fleet size,
• aging aircraft fleet size,
• increasing aircraft and engine ACARS data,
• rapidly evolving requirements and system upgrades.