
Report ID: SQMIG20A2151
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Connected Aircraft Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Connected Aircraft industry players.
Many prominent companies are extensively investing on R&D to increase their product lines, which is boosting the growth of the connected aircraft market. Vital market developments consist of new product releases, contractual agreements, mergers and acquisitions, greater investments, and collaboration among various organizations. It is important that the connected aircraft market offer more cost-efficient products for growing and thriving in this competitive environment. Many manufacturers are following the strategy of manufacturing items locally for serving the customers and minimize operating expenses.
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Connected Aircraft Market size was valued at USD 4.33 Billion in 2023 and is poised to grow from USD 5.42 Billion in 2024 to USD 32.61 Billion by 2032, growing at a CAGR of 25.15% during the forecast period (2025-2032).
Many prominent companies are extensively investing on R&D to increase their product lines, which is boosting the growth of the connected aircraft market. Vital market developments consist of new product releases, contractual agreements, mergers and acquisitions, greater investments, and collaboration among various organizations. It is important that the connected aircraft market offer more cost-efficient products for growing and thriving in this competitive environment. Many manufacturers are following the strategy of manufacturing items locally for serving the customers and minimize operating expenses. 'Honeywell International, Inc. (US) ', 'Raytheon Technologies Corporation (US) ', 'Thales Group (France) ', 'Viasat Inc. (US) ', 'TE Connectivity Ltd. (Switzerland) ', 'BAE Systems (UK) ', 'Panasonic Avionics Corporation (Japan) ', 'Kontron AG (Germany) ', 'Astronics (US) ', 'Iridium Communications Inc. (US) ', 'Ramco Systems (India) ', 'Garmin (US) ', 'Brotecs (Germany) ', 'APIJET LLC (US) ', 'Exsyn Aviation Solutions (US) ', 'Flight Data Systems (US) ', 'Fleetplan.net (US) ', 'Bytron Aviation Systems (UK) ', 'Ultramain (US) ', 'Flightman (US) ', 'Donica International Inc. (US)'
Growing Demand for In-Flight Connectivity: The growth in demand for in-flight connectivity has increased tremendously over the years. Airline passengers have the need to stay connected to the internet whilst in the air. This trend is mainly increasing as a result of heavy usage of phones, tablets and the desire to be productive or entertained during flights. Airlines are now meeting this demand by investing in more sophisticated satellite-based connectivity systems. These systems allow people onboard to surf the net, check emails, watch videos and use social networks.
North America is dominating with the largest connected aircraft market share. The passengers who travel from this region to other parts of the world have high standards related to in-flight experience. Therefore, to fulfill this demand and enhance the customer experience, many airlines operating in the region are investing more in connected solutions. In addition, the increasing penetration of in-flight Wi-Fi and a growing number of airlines offering either streaming services or in-flight tailored content is encouraging the adoption of connected aircraft technologies. Besides, North America comprises an almost staggering number of commercial airlines, business aviation operators, and manufacturers. This makes the region one of the largest and most highly developed aviation industries globally, increasing the growth of the connected aircraft market.
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Report ID: SQMIG20A2151
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