Demand for commercial aircrafts is anticipated to more than double in the next two decades to cater to this demand. The number of jet planes will nearly double and reach 48,000 by 2037. The single aisle (narrow body aircrafts) accounts for ~70% of this demand. Growing fleet of commercial aircrafts is expected to directly impact the demand for In-flight Entertainment & Connectivity system across the globe. Adoption of In-Flight Entertainment & Connectivity (IFEC) Systems by airlines across all classes to attract customers is expected to contribute to the growing market. First class and business class cabins of passenger aircraft feature various amenities for comfort and offer various functions such as personalized In-flight Entertainment & Communication systems. Until recently, amenities in the economy class segment were kept to a bare minimum. Rising competition in the global airline industry is influencing airline carriers to offer in-flight entertainment & communication systems in their economy class seating in order to attract more passengers. Certain airline carriers such as FlyDubai offer these amenities for a small pre-paid fee. This in turn is also estimated to drive the growth of global In-flight Entertainment & Connectivity Market during the forecast period.
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The ongoing trend gaining momentum in the In-flight Entertainment & Connectivity system market is the airlines offering Wi-Fi connections to passengers. This enables the passengers to access in-flight and other entertainment content on their personal devices such as mobile phones or laptops during the flight journey.
In-flight Entertainment & Connectivity Market: Regional Outlook
In-flight Entertainment & Connectivity (IFEC) is considered to be one of the most attractive segment in the global aerospace industry. Consequently, aircraft cabin interior market players are looking to develop new products and expand their customers in In-flight Entertainment & Connectivity (IFEC) segment. According to IATA (International Air Transport Association), it is projected that the number of air travel passengers are expected to get doubled between 2016 and 2035. The number will grow from 3.8 billion in 2016 to 7.2 billion in 2035. China, India, the U.S., Indonesia and Vietnam are expected to witness relatively higher gains in terms of the total number of passengers travelling. With growing rate of passenger travel, there has also been greater need for enhanced entertainment features. A key factor for passenger travel growth and growing international tourism is airline market liberalization, which is leading to reduced fares and improved service. Increasing air passenger travel growth is expected to significantly contribute to the growing demand for In-flight Entertainment & Connectivity system during the forecast period.
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In-flight Entertainment & Connectivity Market: Key Participants
Examples of some of the market participants identified across the value chain of the global In-flight Entertainment & Connectivity market include: Safran Group Thales Group Kontron S&T AG Astronics Corporation Collins Aerospace Panasonic Avionics
The research report presents a comprehensive assessment of the In-flight Entertainment & Connectivity market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to the In-flight Entertainment & Connectivity market segments such as geographies, valve type, and vehicle type.
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The report covers exhaustive analysis on: In-flight Entertainment & Connectivity Market Segments In-flight Entertainment & Connectivity Market Dynamics In-flight Entertainment & Connectivity Market Size In-flight Entertainment & Connectivity Supply & Demand In-flight Entertainment & Connectivity Current Trends/Issues/Challenges In-flight Entertainment & Connectivity Competition & Companies involved In-flight Entertainment & Connectivity Technology In-flight Entertainment & Connectivity Value Chain
Regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil) Europe (Germany, Italy, France, U.K, Spain, Poland, Russia) South Asia (India, ASEAN,) East Asia (China, Japan, South Korea) Oceania (Australia & New Zealand) Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The global In-flight Entertainment & Connectivity market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The global In-flight Entertainment & Connectivity market report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The global In-flight Entertainment & Connectivity market report also maps the qualitative impact of various market factors on market segments and geographies.