Connected Aircraft Market Size Worth $ 22.82 Billion By 2032 | CAGR: 12.6%

The global connected aircraft market size is expected to reach USD 22.82 billion by 2032, according to a new study by Polaris Market Research. The report “Connected Aircraft Market Share, Size, Trends, Industry Analysis Report, By Offering (Hardware, Software); By Connectivity; By End Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.  

The surge in demand for enriched in-flight experiences opens avenues for airlines to introduce cutting-edge services. By leveraging connected aircraft systems, airlines offer personalized content, immersive entertainment, and interactive experiences, enhancing passenger satisfaction and simultaneously tapping into new revenue streams. The deployment of predictive maintenance algorithms, enabled by connected aircraft technologies, offers airlines an opportunity to address potential issues proactively. This not only reduces maintenance costs but also minimizes aircraft downtime, ensuring an enhanced level of fleet reliability through data-driven and anticipatory maintenance strategies.

As connectivity increases, the need for robust cybersecurity measures becomes essential. The development and implementation of tailored cybersecurity solutions for connected aircraft represent an opportunity for companies to address security concerns comprehensively, building trust and resilience within the aviation industry. Ongoing advancements in satellite communication technologies create opportunities for improved connectivity, especially in remote and challenging airspace. Enhanced satellite networks can provide seamless communication, ensuring reliable connectivity for aircraft even in regions with limited ground infrastructure.

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The advanced air mobility segment is expected to experience significant growth during the forecast period. Advanced air mobility (AAM) is gaining popularity on account of urban traffic and an increase in demand for effective mobility. AAM tackles the problems associated with urbanization by emphasizing eco-friendly, quicker transportation. To achieve lower emissions and quieter operations, major firms in the aviation and technology industries are making significant investments in AAM research. Prototypes and initiatives are being developed, and prospective uses include quick cargo delivery and air taxis for urban transportation.

The integration of AI and ML into connected aircraft systems unlocks opportunities for more intelligent applications. From optimizing flight routes to enhancing passenger services, the strategic application of these technologies presents opportunities for increased efficiency, automation, and data-driven decision-making in various aspects of aviation operations.

Connected Aircraft Market Report Highlights

• The software segment accounted for a significant market share due to the requirement for efficiency, safety, and enhanced passenger experience.
• The in-flight connectivity segment accounted for a significant market share in 2023 due to a greater focus on high-speed internet and real-time communication.
• In 2023, the commercial aviation segment accounted for the largest market share due to rising demand for in-flight Wi-Fi & entertainment and a greater need to enhance passenger experience.
• Asia-Pacific is expected to experience significant growth during the forecast period due to increasing air travel, adoption of advanced avionics, and collaboration between airlines and technology providers.
• The market is highly competitive owing to the existence of market players with a global presence, including Garmin, Gogo Inc., Honeywell Aerospace, Inmarsat, Iridium Communications, Panasonic Avionics Corporation, Raytheon Technologies, and ViaSat, among others.

Polaris Market Research has segmented the connected aircraft market report based on offering, connectivity, end use, and region:

Connected Aircraft, Offering Outlook (Revenue - USD Billion, 2019 - 2032)

• Hardware
• Software

Connected Aircraft, Connectivity Outlook (Revenue - USD Billion, 2019 - 2032)

• Air-to-Air Connectivity
• Air-to-Ground Connectivity
• In-flight Connectivity

Connected Aircraft, End Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Military Aviation
• Commercial Aviation
• General Aviation
• Advanced Air Mobility
• Unmanned Aerial Vehicles

Connected Aircraft, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

U.S.

Canada

• Europe

• France
• Germany
• UK
• Italy
• Netherlands
• Spain
• Russia

• Asia Pacific

• Japan
• China
• India
• Malaysia
• Indonesia
• South Korea

• Latin America

• Brazil
• Mexico
• Argentina

• Middle East & Africa

• Saudi Arabia
• UAE
• Israel
• South Africa

Connected Aircraft Market Report Scope