The application of onboard connectivity is increasing with a significant rise in aviation, railway, and maritime applications. The rising demand for onboard Wi-Fi connectivity will ultimately drive the growth of ground-to-air onboard connectivity solutions. The onboard connectivity usually denotes the connection of devices like smartphones, tablets, and laptops to the internet through Wi-Fi, cellular data, or satellite networks while traveling or using various transportation modes. The aviation sector is one of the key industries expected to propel market growth at a significant rate in the coming years. Passengers are getting inclined towards onboard entertainment solutions, which is among the key factor driving the demand for onboard connectivity solutions. Additionally, it allows people to book accommodation, book cab or taxi, order food even before flight landing, which saves time for people traveling through different modes of transports.
MARKET SCOPE
The "Global Ground to Air On-Board Connectivity Market Analysis to 2028"? is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ground to air on-board connectivity market with detailed market segmentation by component, application, end-user, and geography. The report provides key statistics on the market status of the leading ground to air on-board connectivity market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of component, the market is segmented as hardware and services.
- On the basis of application, the market is segmented as entertainment and communication.
- On the basis of end-user, the market is segmented as maritime, railway, aviation, and others.
MARKET DYNAMICS
Drivers:
- Increasing consumption of smart devices by consumers and rising disposable income drives the market growth.
- Growing number of airline passengers is bolstering the market growth.
Restraints:
- High deployment costs and inconsistency of connectivity may restrain the growth of the ground to air on-board connectivity market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The ground to air on-board connectivity market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the ground to air on-board connectivity market in these regions
IMPACT OF COVID-19 ON GROUND TO AIR ON-BOARD CONNECTIVITY MARKET
The COVID - 19 pandemic has a negative impact on the growth of marine, aviation, railway, and military industries. The lower passenger count and lesser international flights resulted in a slower growth rate for the market. However, the rising importance of onboard connectivity during traveling has supported the market growth. The importance of on-board connectivity to attract the passenger has increased due to pandemic situation, which expected to boost the market growth in the forecasted period. For instance, according to the head of SITA For Aircraft's cabin connectivity Services, despite COVID situation the company is receiving active requests from customers to develop new features for in-flight services.
MARKET PLAYERS
The report covers key developments in the ground to air on-board connectivity market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ground to air on-board connectivity market are anticipated to lucrative growth opportunities in the future with the rising demand for ground to air on-board connectivity in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ground to air on-board connectivity market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ballard Power Systems.
- Denchi Group Ltd
- EaglePicher Technologies
- H3 Dynamics LLC
- Hylium Industries, Inc.
- MMC
- OXIS Energy Ltd.
- SION POWER CORPORATION
- Tadiran
- Steatite Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.