Aircraft communication market has been gaining traction in the aerospace industry. Aviation communication enable the aircraft crews to connect with other aircraft and the crew on the ground station in order to relay information. It is the setup of network radio transceivers which connects and supports the transmission of message on-board and on-ground and enables safety and connectivity. Aviation includes Aircraft Communication Addressing and Reporting System (ACARS) is a digital data link system for transmission of short messages for air traffic control messages, aeronautical operational control, and air administrative control.
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Air traffic control is the service that assists in avoiding collisions; organize the flow of air traffic. It is also used in the military for security and defense. An aeronautical operation is a group of applications that are designed and used for communication of an aircraft and air administrative control. Aviation communication is a crucial component for the successful functioning of aircraft movement on the ground as well as in the air. Through effective communication between on-ground and on-broad, there is less or no chance for an accident. Additionally, it also alerts the aircraft and aircraft administration about the weather condition and unexpected landing of aircraft.
Moreover, an increase in disposable income of the middle-class society and upper-middle-class society, the demand for air travels increases that promote the growth of the aircraft communication system. Reduction in base fare of tickets has added a new class of society, reduction in traveling time and increase in comfort are also acting as the growth factors for commercial and military aircraft communication. The major factors that are driving the growth of aircraft communication include advancement in aircraft communication system technology, rising demand for the satellite-based navigation system, and growing aircraft logistics industries.
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The satellite navigation system provides autonomous geospatial positioning information and also provides information regarding the local time to high precision and aid in time synchronization between the aircraft and assist in the risk of uncertainty and accident. Competition in maintaining margins, achieving the best value in manufacturing makes the aircraft communication competitive. Cost reduction in production, materials movement, maintenance, repair, and operations result in the rapid growth of the aircraft communication system. Additionally, the advancement of commercial aircraft as well as military aircraft is another prominent factor that is boosting the market for aircraft communication systems.
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Industry Key Players
The aircraft communication market includes various major companies such as Lockheed Martin Corp., Harris Corp., Honeywell International, Inc., Northrop Grumman Corp., BAE Systems, General Dynamics Mission Systems, Inc., L3 Technologies, Inc. These players adopt a variety of strategies including the merger, procurement, products and services to expand and stay competitive in the market.
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Segmentation Analysis of the Industry
The aircraft communication market is segmented on the basis of component and aircraft platforms. Based on the component, the market is further segmented to transmitters, antennae, receivers, transponder, transceiver, and display & processor. On the basis of aircraft platforms, the market is divided into commercial platforms and military platforms. The transponder segment is anticipated to have a significant share in the market for its applications which enable to trace the exact location of aircraft at any given altitude.
Global aircraft communication market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
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