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Aerospace Engineering Services Airlines Market Share

ID: MRFR//6823-CR | 120 Pages | Author: Swapnil Palwe| September 2019

Aerospace Engineering Services Airlines Market Share Analysis

Advancements in Airline Connectivity Solutions

Connectivity in-flight has become a pivotal element in the day-to-day operations of airlines, not only facilitating operational efficiency but also offering a means to enhance customer loyalty and satisfaction. Consequently, airlines globally are increasingly adopting air-to-ground (ATG) and satellite networks to provide this essential service. However, onboard connectivity often falls short, with a mere 6% of flights offering Wi-Fi connectivity, as reported in a 2016 global study by Routehappy. This is equivalent to the capabilities of a home broadband service, limiting data-rich activities such as video streaming. To address this growing demand, service providers are committed to developing advanced technologies.

Gogo, for example, has recently introduced the next-generation ATG Network (ATG-NG), poised to achieve a peak capacity exceeding 100 Gbps, bringing up to 30 times more bandwidth to an aircraft compared to its original ATG solution. In a similar vein, Inmarsat, Deutsche Telekom, and Nokia have collaborated to develop the European Aviation Network (EAN), representing the world's first integrated S-band satellite and complementary LTE-based terrestrial network designed for Europe. These technological strides encourage airline operators to embrace engineering services and in-flight connectivity systems.

Energy and Process Optimization in Aviation

Within the aviation sector, there is a concerted effort to enhance productivity and optimize the deployment of available resources for a better understanding and control of energy consumption. Automatic inventory management systems, relying on measured consumption and component utilization on a transactional basis, contribute to reducing energy costs and boosting cash flow. IoT systems provide real-time insights into resource status and consumption data, facilitating the optimization of energy usage and operational processes for airlines, airports, and aircraft.

For instance, an IoT platform can amass extensive data volumes, enabling the optimization of airline processes throughout the value chain to reduce costs and enhance overall efficiency. The increasing demand for next-generation aircraft in the Asia-Pacific region, coupled with the expansion of airline facilities, presents an opportunity for market growth.

Covered Aspects:
Report Attribute/Metric Details
Growth Rate 11.60% (2022-2032)
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