Connected Aircraft Market Size
Connected Aircraft Market was over USD 8 billion in size in 2023 and is expected to grow at a CAGR of over 10.5% during 2024 & 2032.
Airlines employ interlinked aircraft technologies to improve travel experiences. They enhance the general enjoyment of passengers by providing on-demand entertainment, real-time information, and custom services. In-flight Wi-Fi and customized services contribute to convenience, making flight travel more convenient and meeting current travelers’ increased demand for an uninterrupted, bespoke & technologically enhanced air journey experience.
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For example, in February 2022, Greece-based Aegean Airlines launched a new high-speed inflight broadband service powered by the European Aviation Network (EAN) and offered by Inmarsat & Deutsche Telekom. The connectivity solution will be fitted on all current and future AEGEAN Airbus A320 & A321 aircraft by 2025.
Connected aircraft are aircraft that have sophisticated communication technology like in-flight Wi-Fi, sensors, and data analytics systems. Such technologies allow real-time data flow between aircraft systems, ground systems, and passengers and ensure improved operational efficiency, safety monitoring & better in-flight services for an air travel experience that is more connected and responsive.
Connected Aircraft Market Report Attributes
Report Attribute Details
Base Year 2023
Connected Aircraft Market Size in 2023 Over USD 8 Billion
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 10.5%
2032 Value Projection Over USD 23 Billion
Historical Data for 2018 – 2023
No. of Pages 220
Tables, Charts & Figures 336
Segments covered Type, Platform, Connectivity, Frequency & Region
Growth Drivers
Increasing demand for a better passenger experience
Operational efficiency and cost savings
Increasing demand for aircraft health monitoring
Government policies and regulations
Increase in autonomous aircraft
Pitfalls & Challenges
Limited bandwidth and spectrum issues
Saturation of in-flight connectivity providers
With multiple suppliers vying for market share, the in-flight connection market is reaching saturation. With stiff competition, it is challenging for suppliers to differentiate their services and stay profitable. With numerous choices, uniqueness is paramount, calling for innovative offerings and competitive pricing. To differentiate and thrive in the competitive in-flight connection market, providers need to navigate this crowded space carefully, emphasizing quality, innovative features & customer delight.
Connected Aircraft Market Trends
The application of 5G technology to connected aircraft boosts in-flight connectivity through faster data transmission, reduced latency, and increased network capacity. This offers a smooth experience for passengers with high-bandwidth applications and services.
The Internet of Things (IoT) in connected aircraft entails sensors capturing real-time data on different components. This information is processed to forecast maintenance requirements, minimize downtime, and maximize operational efficiency by solving possible problems before they escalate to critical. Further, data analytics and AI in connected aircraft leverage sophisticated algorithms to analyze & derive meaning from the massive amounts of data they produce. This maximizes operational decision-making, allows predictive analytics for maintenance, and plays a part in overall efficiencies gained in aviation processes.
Connected Aircraft Market Analysis
Find out more about the most important segments defining this market
By platform, the market is divided into commercial aviation, military aviation, business aviation & general aviation, unmanned aerial vehicles, and advanced air mobility. The commercial aviation segment led the market in 2023 with a share of more than 30%.
Connected aircraft systems enable real-time tracking of performance metrics, which translates to better efficiency. Predictive maintenance, fuel optimization & route planning are among the applications that result in cost savings and operational excellence.
The application of data analytics and artificial intelligence to connected aircraft enables airlines to take informed decisions. The data-driven process improves decision-making across all aspects, ranging from flight planning to maintenance policies.
Discover more about the leading segments influencing this market
On the basis of connectivity, the market is segmented into air-to-air connectivity, air-to-ground connectivity, and in-flight connectivity. The air-to-ground connectivity segment is expected to record a CAGR of over 12% during 2032.
Air-to-ground connectivity tends to be less expensive to install than satellite-based options. This is why it is a popular choice for airlines, particularly for short- to medium-haul operations, where around-the-clock satellite coverage is not as big of an issue. Technology improvements have resulted in enhanced bandwidth capabilities, delivering quicker & more dependable internet connections for customers and supporting a greater variety of in-flight services.
Air-to-ground connectivity is ideal for urban & suburban areas, where the presence of ground infrastructure makes it possible to have ongoing and stable connections. This would be especially beneficial for regional and domestic flights.
North America led the world with more than 30% market share in 2023. The connected aircraft market in North America is growing with the growing need for in-flight connectivity, an emphasis on technology innovation, and a high level of presence by top market players. North American carriers put high value on enhancing passenger experiences with seamless connectivity and hence are driving the uptake of advanced avionics and communications technology. Furthermore, the region’s robust aviation infrastructure, governmental support, and tech-savvy customer base all contribute to the North America connected aircraft industry expansion.
Connected Aircraft Market Share
Players in the linked aircraft industry concentrate on adopting various growth strategies to enhance their products and increase their market share. These include new product launches & developments, collaborations & partnerships, mergers & acquisitions, and retaining customers. These players also invest significantly in research & development to launch innovative and technologically superior solutions in the market.
Connected Aircraft Market Companies
Some major players operating in the connected aircraft industry are
- BAE Systems PLC
- Gogo Inc.
- Honeywell International Inc.
- Raytheon Technologies Corporation
- TE Connectivity Ltd.
- Thales Group
- Viasat Inc.
