In-Flight Entertainment & Connectivity Market Size Worth USD 9.92 Billion by 2026 | IFEC Market Growth Forecast till 2026; Fortune Business Insights™

PUNE, India, March 23, 2020 /PRNewswire/ -- The global in-flight entertainment & connectivity market is predicted to reach USD 9.92 billion by 2026, exhibiting a CAGR of 8.18% during the forecast period. The growing advancements in IFEC technologies to enhance the overall aircraft performance will accelerate in-flight entertainment & connectivity market trends. The rising focus of manufacturers towards safety operations to benefit passengers will have a positive impact on the in-flight entertainment & connectivity market growth during the forecast period. In addition, the increasing demand for hassle-free internet access, web browsing, and video streaming in flights will spur new opportunities for the in-flight entertainment & connectivity market in the forthcoming years.

According to the report, published by Fortune Business Insights, titled "In-Flight Entertainment & Connectivity (IFEC) Market Size, Share and Global Trend by Product (IFE Hardware, IFE Connectivity, and IFE Content), By Class (First Class, Business Class, Premium Economy Class, and Economy Class), By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Business Jets and Regional Aircraft), By End User (OEM and Aftermarket), and Regional Forecast, 2019-2026" the market size stood at USD 5.40 billion.

Request a Sample Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/in-flight-entertainment-connectivity-market-102519

The in-flight entertainment & connectivity market report focuses on demonstrating a complete assessment of the market. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology. It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments and parts of the in-flight entertainment & connectivity market analysis, while providing statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations and partnerships, and industry developments.

List of Major Companies Operating in the In-Flight Entertainment & Connectivity Market Include;

Get Detailed Insights of this Research Report with TOC: https://www.fortunebusinessinsights.com/in-flight-entertainment-connectivity-market-102519 

• Astronics Corporation
• Burrana Pty Ltd
• FDS Avionics Corp.
• Global Eagle Entertainment, Inc.
• Gogo LLC
• Honeywell International Inc
• Lufthansa Systems GmbH
• Panasonic Avionics Corporation
• Safran
• SITAONAIR
• Thales Group
• Viasat, Inc.

Competitive Landscape

Acquisition of Collins by digEcor to Aid Market Expansion

digEcor, a passenger solutions service company announced the acquisition of Collins' commercial inflight entertainment (IFE) business, making it the third biggest IFE player in the market. The deal between the two companies will bolster healthy growth of the market during the forecast period. The Collins' PAVES family of seatback and overhead IFE systems, as well as PAVES On-demand, Total Entertainment System (TES), Enhanced Total Entertainment System (ETES) and content services, along with the combination of digEcor's GLIDE, Engage, power, PSS and lighting products will boost the in-flight entertainment & connectivity market revenue in the foreseeable future.

Moreover, CEO of digEcor, David Withers, said in a statement, "Collins deal will  position us as "the number three player in the IFE market – and we are not stopping there. We will achieve our vision of taking the passenger experience to the next level by collectively bringing the right new technology to market and leveraging our engineering expertise and proven ability to rapidly develop and certify new products."

Market Restraint:

High Complexities of IFEC System to Restrict Market Growth

One of the biggest challenges faced by the OEMs to deliver in-flight entertainment & connectivity system at minimum weight, minimum volume, along with less maintenance cost. This factor will subsequently dampen the growth of the market in the forthcoming years. The IFEC systems. The IFEC systems include expensive hardware, which comprises of wires, displays, monitors, actuators, gaming consoles, and others. Likewise, the high cost of the aircraft hardware and product innovation will consequently restrict the growth of the market.

Regional Analysis:

Presence of Hefty Manufacturers to Encourage Growth in North America

The market in North America stood at USD 1.70 billion in 2018 and is predicted to grow rapidly during the forecast period owing to the presence of major OEMs in the region. Europe is predicted to witness high demand for IFEC systems in the foreseeable future owing to the rising emphasis for the advancement of in-flight entertainment & connectivity by manufacturers. Asia Pacific is predicted to grow significantly during the forecast period due to the surge in commercial aircraft deliveries in developing countries such as India and China.

Quick Buy - In-Flight Entertainment & Connectivity Market Research Report - https://www.fortunebusinessinsights.com/checkout-page/102519

Detailed Table of Content:

• Introduction
• Research Scope
• Market Segmentation
• Research Methodology
• Definitions and Assumptions
• Executive Summary
• Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Key Insights
• Key Industry Developments – Mergers, Acquisitions and Partnerships
• Latest technological Advancements
• Porters Five Forces Analysis
• Supply Chain Analysis
• Global In-flight Entertainment and Connectivity Market Analysis, Insights and Forecast, 2015-2026
• Key Findings / Summary
• Market Analysis, Insights and Forecast – By Product
• IFE Hardware
• Portable IFE System
• Non-Portable IFE System
• IFE Connectivity
• Wired Connectivity
• Wireless Connectivity
• IFE Content
• Market Analysis, Insights and Forecast – By Class
• First Class
• Business Class
• Premium Economy Class
• Economy Class
• Market Analysis, Insights and Forecast – By Aircraft Type
• Narrow Body Aircraft
• Wide Body Aircraft
• Business Jets Regional Aircraft
• Market Analysis, Insights and Forecast – By End User
• OEM
• Aftermarket
• Market Analysis, Insights and Forecast – By Region
• North America
• Europe
• Asia pacific
• The Middle East
• Rest of the world

TOC Continued….!

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/in-flight-entertainment-connectivity-market-102519

Have a Look ate Related Market Insights:

5G in Aviation Market Size, Share & Industry Analysis, By Platform (5G Airport and 5G Aircraft), Technology (FWA, URLLC/MMTC, and eMBB), Communication Infrastructure (Small Cell, Radio Access Network (RAN) and Distributed Antenna Systems (DAS)), 5G Services (Airport Operations, and Aircraft Operations), and Regional Forecast 2019-2026

Helicopter Market Size, Share & Industry Analysis, By Type (Civil & Commercial and Military), By Application (Emergency Medical Services (EMS), Corporate Services, Search and Rescue Operation, Oil and Gas, Defense, Homeland Security), By System (Airframe, Engine, Avionics, Landing Gear System, and Cabin Interiors), By Weight (Light Weight, Medium Weight, and Heavy Weight), By Point of Sale (OEMs and Aftermarket), and Regional Forecast 2019-2026

Business Jet Market Size, Share & Industry Analysis, By Aircraft Type (Light, Mid-sized, Large, and Airliner), Point of Sale (OEMs, and Aftermarket), Systems (Aerostructures, Avionics, Propulsion Systems, Aircraft Systems, Cabin Interiors, Landing Gears and others), By End User (Private and Operator), and Regional Forecast 2019-2026

Unmanned Aerial Vehicle (UAV) Market Size, Share & Industry Analysis, By Application (Military, Commercial & Civil, and Recreational), By System (Airframe, Payload, Avionics, Propulsion), By Technology (Remotely Operated, Semi-Autonomous, Fully-Autonomous), By Class (Small UAVs, Tactical UAVs, Strategic UAVs, Special Purpose UAVs), and Regional Forecast 2019-2026

Military Drone Market Size, Share & Industry Analysis, By Type (Fixed-Wing, Rotary-Wing, and Hybrid/Transitional), By Range (VLOS, EVLOS, and BLOS), By Propulsion Type (Battery Powered, Fuel Cell, and Hybrid Cell), By Technology (Remotely Operated Drone, Semi-Autonomous Drone, and Autonomous drone), By Application (ISRT, Delivery and Transportation, Combat Operations, Battle Damage Management and Others) and Regional Forecast, 2019-2026

Commercial Drone Market Size, Share & Industry Analysis, By Product (Fixed Wing Drone, Rotary Blade Drone, and Hybrid Drone), By Technology (Remotely Operated, Semi-Autonomous, and Autonomous), By System (UAV Structure, UAV Payloads, UAV Avionics, UAV Propulsion, and UAV Software), By Industry (Infrastructure, Transport & Delivery, Insurance, Media, Telecommunication, Agriculture, Security, and Mining) and Regional Forecast, 2019-2026

Small Satellite Market Size, Share & Industry Analysis, By Type (Mini Satellite, Micro Satellite, and Nano Satellite), By Component (Structure, Payload, Electric Power System, Solar Panel and Antenna Systems, Propulsion Systems, and others), By Application (Communication, Earth Observation, Navigation, Technology Development, and Others), By End User (Commercial, Military, Civil, and Government) and Regional Forecast, 2019-2026

Aircraft Seating Market Size, Share & Industry Analysis, By Class (Business, First, Premium Economy, and Economy), Seat Type (9g and 16g Seats), Aircraft Type (Commercial, Business, and Regional Aircraft), Components (Structures, Foams, Actuators, and Electrical Fittings), End-Use (OEMs and Aftermarket), and Regional Forecast 2019-2026

Aircraft Engine Market Size, Share & Industry Analysis, By Engine Type (Turboprop, Turboshaft, Turbofan, Piston Engine), By Technology (Conventional Engine and Electric/Hybrid Engine), By End-user (Commercial, Military, and General Aviation), By Component (Compressor, Turbine, Gear Box, Exhaust Nozzle, Fuel System, and Others), and Regional Forecast 2018-2026

Avionics Market Size, Share & Industry Analysis, By System (Hardware Systems (Flight Management System (FMS), Communication, Navigation, and Surveillance (CNS), Electrical System, Emergency System, Health Monitoring System, Collision Avoidance System, Weather System) and Software Systems), Platform (Commercial, Military, Business Jets, General Aviation), End-Use (OEM and Aftermarket), and Regional Forecast, 2019-2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™ 
Linkedin | Twitter | Blogs

Press Release https://www.fortunebusinessinsights.com/press-release/in-flight-entertainment-connectivity-market-9671

Photo: https://mma.prnewswire.com/media/1136533/In_Flight_Entertainment.jpg

Logo : https://mma.prnewswire.com/media/881202/Fortune_Business_Insights_Logo.jpg  

SOURCE Fortune Business Insights