Market Share of Connected Aircraft Industry
The connected aircraft market is fragmented in nature, with various players holding significant shares in the market. Some prominent market players are SITA, Honeywell International Inc., THALES, Panasonic Holdings Corporation, and Gogo Inc.
The key players in the market are focusing on the development of advanced connected systems to be installed in new commercial and military aircraft that are being manufactured worldwide. Growing expenditure on research and development towards manufacturing advanced connected aircraft systems will lead to creating better opportunities in the near future.
Moreover, manufacturers are now integrating technologies such as onboard Wi-Fi systems and satellite internet technology into the aircraft for increased passenger flight experience. It is expected to support the growth of the connected aircraft market during the forecast period.
Connected Aircraft Market Leaders
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SITA
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Honeywell International Inc.
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Panasonic Holdings Corporation
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Gogo Inc.
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THALES
*Disclaimer: Major Players sorted in no particular order