Global Aviation Satcom Growth Opportunities

Global Aviation Satcom Growth Opportunities

By 2030, Partnerships Between Satellite Operators and Media Content Providers will Drive In-flight Entertainment and Connectivity (IFEC)

RELEASE DATE
28-Jul-2021
REGION
Global
Research Code: MFF0-01-00-00-00
SKU: AE01485-GL-MT_25619
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Description

The aviation satcom market is poised for improved flight operations and connectivity that will improve passenger experience, enhance safety, and increase the efficiency of flight operations of airlines. This study covers the global aviation sitcom market and provides a 10-year forecast from 2020 to 2030. The total aviation satcom market was worth $527.2 million in 2020 and, considering the impact of COVID-19, it is expected to expand at a Compound Annual Growth Rate (CAGR) of 3.3% until 2030. This research covers the satcom service used for cockpit, cabin, and IFEC. Cockpit accounts for 80.9% of the market share. The share of cockpit satcom is expected to increase, as the airline will add more next-generation aircraft in the existing fleet, whereas the demand for cabin and IFEC is expected to increase, as airlines want to provide extra services to customers. This will not only increase the passenger experience and process efficiency but also help in making aircraft more connected during the flight to further reduce the chances of losing signals. The demand for new aviation satcom will largely come from Asia-Pacific due to the increase in aircraft orders from China and India, whereas the demand from replacement of older aircraft will be mainly seen in North America and Europe. Globally, Full Service Carriers (FSCs) are already using satcom services to a large extent compared to Low Cost Carriers (LCCs). A large number of FSCs are in the process of expansion or have long-term plans to optimize their route networks. Leading FSCs (e.g., Emirates) are also focusing on digital transformation, which will help them to improve their process efficiency. However, the COVID-19 pandemic has led to a liquidity crisis for airlines that has, in turn, halted expansion plans and forced airlines to realign their digitalization journey. Similar to hybrid airlines, LCCs are expected to focus more on customer experience by providing IFEC services during the forecast period. This opens the gate for them to earn from online advertisement and eCommerce activity.

The pandemic has severely lessened passenger traffic in airlines, reducing aircraft utilization, but health regulatory guidelines such as social distancing and contactless travel will strain capacity even amid such reduced traffic. This offers an opportunity to focus on delivering innovative solutions as per the requirements of passengers. These solutions will not only help enhance the passenger experience and ensure the maintenance of high standards of connectivity, but will provide new sources of revenue generation. Leading vendors in aviation satcom are pivoting their focus on providing more bandwidth to airlines through Medium Earth Orbit (MEO) and Low Earth Orbit (LEO) satellites. Market leaders are also collaborating with satellite service providers, which will aid them in providing end-to-end services. Additionally, new entrants are bringing innovations and utilizing new technologies to enable better efficiency by reducing latency and aiming to deliver services at a lesser price. In the coming years, among airlines, the focus will be predominantly on process automation and connectivity. More passengers will use satcom services, which will become an integral part of airlines’ service offering.

Key Issues Addressed

  • What is the size and state of the market? What is the impact of COVID-19 on the aviation satcom market?
  • What are the market drivers and restraints?
  • How will the latest trends influence the aviation satcom market?
  • Which are the key vendors in the market, and how well are they positioned with respect to their peers?
  • What are the major growth opportunities for satcom service providers and satellite operators?

Author: Waseem Ahmed Khan

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Aviation Satcom Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Global Aviation Satcom Market Scope of Analysis

Aviation Satcom Scope and Segmentation

Global Aviation Satcom Market Segmentation

Airline Classification by Tier and Region

Definitions

Definitions (continued)

Key Questions this Study will Answer

Key Growth Metrics for Aviation Satcom Market

Growth Drivers for Aviation Satcom

Growth Driver Analysis for Aviation Satcom

Growth Driver Analysis for Aviation Satcom (continued)

Growth Restraints for Aviation Satcom

Growth Restraint Analysis for Aviation Satcom

Research Methodology

Research Methodology (continued)

Key Vendors in the Aviation Satcom Market

Aviation Satcom Value Chain

Aviation Satcom Ecosystem

Aviation Satcom Ecosystem (continued)

Aviation Satcom Ecosystem (continued)

COVID-19 Impact

Impact on Stakeholders

COVID-19 Impact on Airlines—Future Outlook

Forecast Assumptions—Aviation Satcom Market

Revenue Forecast—Aviation Satcom Market

Revenue Forecast Discussion—Aviation Satcom Market

Revenue Forecast by Service (Industry Vertical)—Aviation Satcom Market

Revenue Forecast Discussion by Service—Aviation Satcom Market

Revenue Forecast by Region—Aviation Satcom Market

Revenue Forecast Analysis by Region—Aviation Satcom Market

Revenue Forecast Analysis by Region—Aviation Satcom Market (continued)

Revenue Forecast Analysis by Service—Aviation Satcom

Revenue Forecast Analysis by Service—Aviation Satcom (continued)

Demand for More Bandwidth

Digitalization of Airlines

Disruption in the Business Model

Competitive Environment—Aviation Satcom

Revenue Share—Aviation Satcom

Revenue Share Analysis—Aviation Satcom Market

Revenue Share Analysis—Aviation Satcom Market (continued)

Revenue Share Analysis—Aviation Satcom Market (continued)

Revenue Share Analysis—Aviation Satcom Market (continued)

Revenue Share Analysis—Aviation Satcom Market (continued)

Competitor Profile—Inmarsat

Competitor Profile—Iridium

Competitor Profile—Viasat

Competitor Profile—Intelsat

Competitor Profile—Eutelsat

Competitor Profile—Panasonic Avionics

Competitor Profile—Gogo

Competitor Profile—Global Eagle

Competitor Profile—Sports 24

Competitor Profile—fuboTV

Competitor Profile—Lumexis

Key Growth Metrics for Cockpit Satcom

Revenue Forecast—Cockpit Satcom

Revenue Forecast Analysis—Cockpit Satcom

Revenue Forecast Analysis—Cockpit Satcom (continued)

Revenue Forecast by Region—Cockpit Satcom

Revenue Forecast Analysis by Region—Cockpit Satcom

Key Growth Metrics for Cabin Satcom

Revenue Forecast—Cabin Satcom

Revenue Forecast Analysis—Cabin Satcom

Revenue Forecast Analysis—Cabin Satcom (continued)

Revenue Forecast by Region—Cabin Satcom

Revenue Forecast Analysis by Region—Cabin Satcom

Key Growth Metrics for IFEC

Revenue Forecast—IFEC Satcom

Revenue Forecast Analysis—IFEC Satcom

Revenue Forecast Analysis—IFEC Satcom (continued)

Revenue Forecast Analysis—IFEC Satcom (continued)

Revenue Forecast by Region—IFEC Satcom

Revenue Forecast Analysis by Region—IFEC Satcom

Key Growth Metrics for APAC

Revenue Forecast—APAC

Revenue Forecast by Service—Aviation Satcom Market for APAC

Revenue Forecast Analysis for APAC

Key Growth Metrics for North America

Revenue Forecast—North America

Revenue Forecast by Service—Aviation Satcom Market for North America

Forecast Analysis for North America

Key Growth Metrics for Europe

Revenue Forecast—Europe

Revenue Forecast by Service—Aviation Satcom Market for Europe

Forecast Analysis for Europe

Key Growth Metrics for Latin America

Revenue Forecast—Latin America

Revenue Forecast by Service—Aviation Satcom Market for Latin America

Forecast Analysis for Latin America

Key Growth Metrics for the Middle East and Africa

Revenue Forecast—The Middle East and Africa

Revenue Forecast by Service—Aviation Satcom Market for the Middle East and Africa

Forecast Analysis for the Middle East and Africa

Growth Opportunity 1: Partnering with LEO Operators to Provide Low-cost Capacity to Airlines

Growth Opportunity 1: Partnering with LEO Operators to Provide Low-cost Capacity to Airlines (continued)

Growth Opportunity 2: Offer Hardware Solutions that are Apt for LEO Capacities

Growth Opportunity 2: Offer Hardware Solutions that are Apt for LEO Capacities (continued)

Growth Opportunity 3: Launch New Satellites to Provide Seamless Connectivity

Growth Opportunity 3: Launch New Satellites to Provide Seamless Connectivity (continued)

Growth Opportunity 4: Airlines Need to Improve Their Flight Operations Through Aircraft Health Monitoring Systems

Growth Opportunity 4: Airlines Need to Improve Their Flight Operations Through Aircraft Health Monitoring Systems (continued)

Growth Opportunity 5: Enhance the Passenger Experience by Providing Live Content

Growth Opportunity 5: Enhance the Passenger Experience by Providing Live Content (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

Related Research
The aviation satcom market is poised for improved flight operations and connectivity that will improve passenger experience, enhance safety, and increase the efficiency of flight operations of airlines. This study covers the global aviation sitcom market and provides a 10-year forecast from 2020 to 2030. The total aviation satcom market was worth $527.2 million in 2020 and, considering the impact of COVID-19, it is expected to expand at a Compound Annual Growth Rate (CAGR) of 3.3% until 2030. This research covers the satcom service used for cockpit, cabin, and IFEC. Cockpit accounts for 80.9% of the market share. The share of cockpit satcom is expected to increase, as the airline will add more next-generation aircraft in the existing fleet, whereas the demand for cabin and IFEC is expected to increase, as airlines want to provide extra services to customers. This will not only increase the passenger experience and process efficiency but also help in making aircraft more connected during the flight to further reduce the chances of losing signals. The demand for new aviation satcom will largely come from Asia-Pacific due to the increase in aircraft orders from China and India, whereas the demand from replacement of older aircraft will be mainly seen in North America and Europe. Globally, Full Service Carriers (FSCs) are already using satcom services to a large extent compared to Low Cost Carriers (LCCs). A large number of FSCs are in the process of expansion or have long-term plans to optimize their route networks. Leading FSCs (e.g., Emirates) are also focusing on digital transformation, which will help them to improve their process efficiency. However, the COVID-19 pandemic has led to a liquidity crisis for airlines that has, in turn, halted expansion plans and forced airlines to realign their digitalization journey. Similar to hybrid airlines, LCCs are expected to focus more on customer experience by providing IFEC services during the forecast period. This opens the gate for them to earn from online advertisement and eCommerce activity. The pandemic has severely lessened passenger traffic in airlines, reducing aircraft utilization, but health regulatory guidelines such as social distancing and contactless travel will strain capacity even amid such reduced traffic. This offers an opportunity to focus on delivering innovative solutions as per the requirements of passengers. These solutions will not only help enhance the passenger experience and ensure the maintenance of high standards of connectivity, but will provide new sources of revenue generation. Leading vendors in aviation satcom are pivoting their focus on providing more bandwidth to airlines through Medium Earth Orbit (MEO) and Low Earth Orbit (LEO) satellites. Market leaders are also collaborating with satellite service providers, which will aid them in providing end-to-end services. Additionally, new entrants are bringing innovations and utilizing new technologies to enable better efficiency by reducing latency and aiming to deliver services at a lesser price. In the coming years, among airlines, the focus will be predominantly on process automation and connectivity. More passengers will use satcom services, which will become an integral part of airlines service offering.--BEGIN PROMO--

Key Issues Addressed

  • What is the size and state of the market? What is the impact of COVID-19 on the aviation satcom market?
  • What are the market drivers and restraints?
  • How will the latest trends influence the aviation satcom market?
  • Which are the key vendors in the market, and how well are they positioned with respect to their peers?
  • What are the major growth opportunities for satcom service providers and satellite operators?

Author: Waseem Ahmed Khan

More Information
No Index No
Podcast No
Author Waseem Ahmed Khan
Industries Aerospace, Defence and Security
WIP Number MFF0-01-00-00-00
Is Prebook No
GPS Codes 9000-A1