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    Aircraft Communication System Market Report

    Aircraft Communication System Market Report
    Report code - SRAD223 Published On : Jan,2021 No. of Pages: 275
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    Aircraft Communication System Market Size, Share, Trend, Forecast, & Industry Analysis See more...

    Impact of COVID-19 on Aircraft Communication System Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Aircraft Communication System Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Aircraft operation hugely depends on efficient communication from aircraft to the ground, aircraft to aircraft, and ground to aircraft. All aerial vehicles including helicopters and unmanned aerial vehicles need an efficient communication system in order to operate flawlessly. A basic communication system involves the transmission and reception of voice and/or data in the form of electromagnetic waves. Communication is carried out in several frequencies allocated by the International Telecommunications Union (ITU). This spectrum of frequencies ranges from 30 kHz to 30,000 kHz and is divided into bands for convenience.

    Over the years, increasing aircraft traffic has given a rise to the emergence of new aircraft: A320neo, A220, A350XWB, B737 Max, and B787, which generate four times more aircraft and engine data as compared to older gen. aircraft, posing a mid-to-long-term risk of congestion. This presents the market stakeholders with an opportunity in disguise, to fulfill the unmet needs of the market.

    Aircraft communication systems account for ~20% share of the total avionics’ equipment market. With increasing ACARS volume and rapidly evolving customer needs, there have been ceaseless developments in the communication systems market ranging from wireless communication equipment to surging use of data link and SATCOM-based communications.

    Though the market efficiently dodged the B737max grounding debacle in 2019, the rapid spread of the pandemic in 2020 hit the market like a bolt out of the blue, bringing in sudden changes in the business, disconcerting the entire industry. The aircraft communication systems market recorded a massive downturn of -25% YoY in 2020, wrecking the hopes of another successful year in 2020.

    Nevertheless, the long-term scenario still seems lucrative, backed by strong industry fundamentals coupled with the stakeholders’ unmatched ability to strive through the crisis. The aircraft communication systems market is likely to follow suit, moving parallelly with the industry’s rebound, experiencing a gradual rejuvenation in demand from 2021 onwards, translating to sales of US$ 3.3 Billion in 2026.