Connected Aircraft Global Market Report 2024

The global connected aircraft market has grown rapidly in recent years. It will grow from $6.82 billion in 2023 to $7.99 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to the demand for operational efficiency, enhanced safety and situational awareness, the rise in air passenger traffic, efforts toward fuel efficiency and emissions reduction, adherence to government regulations and standards, and the increased complexity of aircraft systems.

The global connected aircraft market is expected to see rapid growth in the next few years. It will grow to $14.45 billion in 2028 at a compound annual growth rate (CAGR) of 16.0%. The growth in the forecast period can be attributed to next-gen air traffic management, the demand for in-flight connectivity, predictive maintenance and health monitoring, smart cabin solutions, integration with ground operations, expansion of urban air mobility (UAM), and green aviation initiatives. Major trends in the forecast period include the rapid adoption of in-flight connectivity, integration of IoT technologies, enhanced aircraft health monitoring, digitalization of cockpit and cabin systems, utilization of data analytics and artificial intelligence (AI), and increased focus on cybersecurity concerns.

The connected aircraft market is poised for growth, driven by the anticipated increase in air passenger travel. The surge in air travel has prompted airline companies to expand their fleets to meet the growing demands of passengers. Notably, data from the International Air Transport Association in February 2023 revealed a significant increase of 64.4% in revenue passenger kilometers (RPKs) in 2022 compared to 2021. International traffic witnessed a remarkable surge of 152.7% during the same period, while domestic traffic increased by 10.9%. This surge in air passenger travel is a key factor propelling the connected aircraft market's growth.

Additionally, the connected aircraft market is expected to benefit from the growing demand for fuel efficiency. The push for fuel efficiency in the aviation sector is driving the adoption of connected aircraft technologies. These technologies aim to enhance operational efficiency, reduce costs, and improve the overall passenger experience. In July 2022, the Energy Information Administration reported a 2% increase in vehicle efficiency in the United States between April 2021 and April 2022. The U.S. Department of Transportation also announced new fuel economy standards in April 2022, projecting an annual 8% increase in fuel efficiency for model years 2024-2025 and 10% for model year 2026. This emphasis on fuel efficiency is a significant driver for the connected aircraft market.

Moreover, technological advancement is a prominent trend in the connected aircraft market, with major companies focusing on developing innovative solutions to strengthen their market position. An example is Universal Avionics, which launched a connectivity ecosystem technology in April 2022, allowing pilots to connect Apple iPads to the flight management system. This technology facilitates two-way communication, data collection, and uploading/downloading of avionics system data, contributing to improved flight analytics and operational optimization.

Furthermore, major players in the connected aircraft market are introducing groundbreaking products, such as cloud-connected cockpit systems. These systems transfer data between ground-based servers and the aircraft cockpit, offering enhanced access to information for pilots and operations personnel. For instance, in October 2021, Honeywell International Inc. unveiled the Honeywell Anthem, a cloud-connected cockpit system providing unprecedented connectivity, an intuitive interface, and scalability for various aircraft types.

In November 2021, Collins Aerospace, a key player in the aerospace industry, acquired FlightAware to bolster its connected aviation solutions. This strategic move aims to turn customer data into value, enhancing efficiency, reducing costs, and providing sustainable connected aviation solutions to customers. FlightAware, the acquired company, is recognized for its expertise in the connected aircraft space.

Major companies operating in the connected aircraft market report are Honeywell International Inc., Gogo Inc., Thales Group, Inmarsat PLC, Collins Aerospace, Viasat Inc., BAE Systems PLC, The Boeing Company, Airbus SE, Bombardier Aviation, Kontron AG, Panasonic Avionics Corporation, Nelco Ltd., Eutelsat S.A., Zodiac Aerospace, L3Harris Technologies, Société Internationale de Télécommunications Aéronautiques, Global Eagle Entertainment Inc., Cobham Aerospace Communications, Astronics Corporation, SmartSky Networks LLC, Intelsat S.A., Iridium Communications Inc., AeroVironment Inc., Avionica Inc., Satcom Direct Inc., Airspan Networks Inc., Tata SIA Airlines Limited, Gilat Satellite Networks Ltd., Phasor Inc.

North America was the largest region in the connected aircraft market in 2023. North America is expected to be the fastest-growing region in the connected aircraft market report during the forecast period. The regions covered in the connected aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the connected aircraft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary types of connected aircraft include systems and solutions. Systems support operations such as data management and satellite communication. In the connected aircraft market, systems refer to electronic devices serving various purposes, including bringing fuel, air, and ignition together in an aircraft engine for combustion. These systems encompass basic tracking devices, installed communication devices, and high-capacity multitasking systems. Connectivity types include inflight connectivity, air-to-air connectivity, and air-to-ground connectivity, utilizing frequency bands such as Ka-band, Ku-band, and L-band. These technologies find applications in both commercial and military contexts.

This report provides connected aircraft market statistics, including connected aircraft industry global market size, regional shares, competitors with a connected aircraft market share, detailed connected aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the connected aircraft's industry. This connected aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market includes revenues earned by entities providing real-time information, ground and airborne command information, controlled communication services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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