Market Size of Aircraft Communication Systems Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 5.37 Billion |
| Market Size (2029) | USD 8.40 Billion |
| CAGR (2024 - 2029) | 9.37 % |
| Fastest Growing Market | North America |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Aircraft Communication Systems Market Analysis
The Aircraft Communication Systems Market size is estimated at USD 5.37 billion in 2024, and is expected to reach USD 8.40 billion by 2029, growing at a CAGR of 9.37% during the forecast period (2024-2029).
- The surge in global air passenger traffic has encouraged the procurement of new-generation commercial aircraft. Furthermore, the evolution of technology has expanded the application scope of military aviation, leading to substantial growth in the demand for aircraft communication systems. These systems are used for monitoring and directing aircraft mid-flight in conjunction with other systems, such as navigation and flight management.
- Aviation authorities worldwide are mandating the adoption of certain communication technologies and protocols to enhance air traffic management and safety. The rise in demand for in-flight entertainment and connectivity services from passengers also pushed airlines to upgrade their communication systems.
- The technological shift towards integrating advanced systems into an aircraft for performance and safety enhancement has resulted in the gradual development of sophisticated onboard communication systems, such as the aircraft communications addressing and reporting system (ACARS). As ACARS becomes a standard part of the cockpit installation of an aircraft, the growth prospects of the market are anticipated to be positive during the forecast period.
