Aircraft Communication System Market is Anticipated to Grow at an Impressive CAGR During 2021-26

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The aircraft communication system market was estimated at USD 2.3 billion in 2020 and is projected to grow at an impressive CAGR of 6.3% during 2021-2026 to reach USD 3.2 billion in 2026.

Stratview Research has published a new report titled “Aircraft Communication System Market” which is segmented by Platform Type (Military Aircraft, Commercial Aircraft, and Government Aircraft), by Aircraft Type (Manned Aircraft and Unmanned Aircraft), by Sub-Platform Type (Civil Manned {Large Aircraft, Light Aircraft, Very Large Aircraft, and Helicopter}, Military Manned {Fighter Aircraft, Transport Aircraft, and Helicopter}, and UAV {HALE, MALE, Tactical, Small Tactical, and Nano/Micro/Mini}), by Application Type (Civil Manned {Voice, Datalink, and Emergency}, Military Manned {Voice/Data, Emergency, and Sensor Data}, and UAV {Voice, C2 Datalink, and Sensor Data Downlink}), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, the aircraft communication system market was estimated at USD 2.3 billion in 2020 and is projected to grow at an impressive CAGR of 6.3% during 2021-2026 to reach USD 3.2 billion in 2026.

What is an aircraft communication system?

An aircraft communication system is a system used to facilitate communication between the crew and the ground, other aircraft, and air traffic control using components like radios, antennas, transceivers, etc. The communication system allows pilots to receive and transmit important information during all phases of the flight.

The aircraft communication system uses various frequencies and protocols, such as Very High Frequency (VHF), and High Frequency (HF) to enable communication over short and long distances ensuring safe and efficient air traffic management. The system is highly regulated and must meet stringent safety and performance standards to ensure the safety of all involved.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Aircraft Communication System Market:

  • Honeywell International, Inc.
  • Cobham plc.
  • Collins Aerospace (Rockwell Collins)
  • L3Harris Technologies, Inc.
  • Thales Group, etc

Key questions answered by the report

-        What is the projected CAGR for revenue from the Aircraft Communication System Market during the forecast period?

-        What would be the market be valued at by 2027?

-        What is a major driving factor for growth of the market?

-        Which region accounted for largest revenue share in the Aircraft Communication System Market?

-        Which are the major market players?

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Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.

 

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