The shift of aircraft communication system from ground based navigation surveillance to the satellite based navigation surveillance has created optimistic impact on the growth of Aircraft Communication system market. Most of the vendors in aircraft communication system market are adopting several enhanced technologies like VHF radio system, air traffic management through 4d trajectory, and wireless communication technologies.
One of the major factor driving market growth of aircraft communication systems, is the rising emphasis of original equipment manufacturer on R&D and incorporating next generation technologies such as time trigger protocol (TTP), IPV 6, and Aeronautical Mobile Airport Communication System. Moreover, the covetous demand for satellite based navigation systems is also turning to be a key factor contributing to the growth of aircraft communication systems market in a positive manner.
High initial investment and elongated approval period are the major challenges faced by most of the vendors in the Aircraft Communication System market.
Global Aircraft Communication System Market can be segmented on the basis of component, product type, aircraft type, and region.The major player operating in Aircraft Communication System market includes Rockwell Collins, Honeywell, Northrop Gruman, Thales, Raytheon Group, L3 Technologies Inc., Viasat, and Rohde & Schwarz.
On the basis of geography, Aircraft Communication System market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, the Aircraft Communication System market in North America is expected to dominate during the forecast period owing to the presence of several major players of aircraft communication system, and high disposable income of middle class group which increase in travel in this region, thereby increase in the number of aircraft communication system. North American region is expected to be followed by Western Europe, and APAC.
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