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)
28-Jul-2021
Global
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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
Popular Topics
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
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 |