Ok

By continuing your visit to this site, you accept the use of cookies. These ensure the smooth running of our services. Learn more.

What is the future of In-flight Entertainment & Connectivity (IFEC) Market? Know Covid Impact on Size, Share & Forecasts.

AUG 17,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the In-flight Entertainment & Connectivity (IFEC) Market.

In-flight Entertainment & Connectivity (IFEC) Market is likely to witness an impressive CAGR of 9.2% during the forecast period.

In-flight Entertainment & Connectivity (IFEC) is the system that maintains features of entertainment and proper connectivity for the passengers and crew members within the flight.

 

Market Dynamics:                                                           

Technological developments, an increase in aircraft deliveries, and the need to enhance the passenger experience are the major factors expected to drive the global in-flight entertainment & connectivity (IFEC) market during the forecast period.

Segment Analysis

End User Trends

Based on the end-user type, the market is segmented as OEM and aftermarket. The OEM segment led the market in 2018, and is expected to maintain its dominance during the forecast period. Commercial aircraft manufacturers such as Airbus and Boeing are presently converging on installing enhanced in-flight entertainment systems, which are presently in production. Thus, the OEM segment is estimated to command the market in the coming five years.

Regional Trends

In terms of regions, North America dominated the in-flight entertainment & connectivity market in 2018, and is expected to maintain its dominance during the forecast period. The aviation industry is one of the most lucrative industries in North America, with the presence of giant aircraft manufacturers, such as Boeing (US), Lockheed Martin (US), Bell Helicopter (US), Sikorsky Aircraft (US), and Bombardier (Canada) in the region.

Key Players:               

  • Digecor, Inc.
  • Gogo LLC
  • Global Eagle Entertainment, Inc.
  • Honeywell International
  • Lufthansa Systems GmbH & Co. Kg
  • Panasonic Avionics Corporation
  • Rockwell Collins, Inc.
  • Sitaonair
  • Thales Group
  • Viasat, Inc.

 

Features of the Report:

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The In-flight Entertainment & Connectivity (IFEC) Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

The comments are closed.