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Global In flight Entertainment and Connectivity Market 2016 Share, Trend, Segmentation and Forecast to 2020

Monday, November 7, 2016 0:26
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(Before It's News)

With all the major airline carriers trying to distinguish themselves from their competitors by offering better luxury and entertainment experience to their flyers, the market for in flight entertainment is expected to boast a bright prospect over the coming 5 years. The global market for in flight entertainment is expected to touch $4.98 billion by 2020 from $3.12 billion in 2015 at an estimated CAGR of 9.80% over the forecasted period.

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Major hurdle for the market is that many carriers, in order to save on running and equipment costs, have removed the infotainment systems in favor of providing Wi-fi and Internet streaming services. Low cost and mid tier airlines are the ones, which are strongly opting for this option. But many full service carriers especially in Middle East and Asia Pacific, where there is high preference for infotainment systems, have upgraded their systems and are planning to spend large sums of money on the same. Further, rising disposable incomes and growing business travel will make the in flight entertainment systems as a standard offering, acting as a major propellant for the global IFE market.

Being the global leader in passenger jet sales, North America is also the market leader for in flight entertainment and connectivity systems in the global scenario. However, the market in Asia Pacific region is expected to witness a faster growth rate due to growing number of flyers and subsequent competition among the airline carriers.

In markets such as India, where carriers barring few, have extremely low profitability, cost cutting trends took over. This forced the carriers to remove the inflight entertainment systems that were employed 5 years ago, completely. But growing customer expectations and competition in the region will force carriers to add such systems in the future, thus providing big boost to the flight entertainment and connectivity market in these markets.

South America on the back of rising trade and tourism, especially from North America, will see one of the fastest rates of growth in the aviation sector, which will contribute positively towards the in-flight entertainment and connectivity market. Asia Pacific region will record the fastest rate of growth in the in-flight entertainment and connectivity market followed by Middle East & Africa and South America.

Panasonic Avionics Corporation, Rockwell Collins and Thales Group S.A are some of the major players in the market. The global in flight entertainment system and connectivity market is segmented by Product Type (Hardware, Content, Connectivity), by Fit (Line Fit, Retro Fit), by Class (First class, Business Class, Economy Class) and by geography (North America, Latin America, Middle East & Africa, Europe, Asia Pacific).

What the report offers

Market analysis for the Global In-Flight Entertainment and Connectivity Market, with region specific assessments and competition analysis on global and regional scales 
Market definition along with the identification of key drivers and restraints 
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale 
Extensively researched competitive landscape section with profiles of major companies along with their market shares 
Identification and analysis of the macro and micro factors that affect the In-Flight Entertainment and Connectivity Market on both global and regional scales 
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information 
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market 
Insights on the major countries in which this industry is blooming and to also identify the regions that are still untapped companies along with their strategic initiatives and market shares. 
Identification and analysis of the Macro and Micro factors that affect the Global Automotive Sensors market on both global and regional scale. 
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. 
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Complete report details @ https://www.wiseguyreports.com/reports/365150-global-in-flight-entertainment-and-connectivity-market-analysis-of-growth-trends-progress-and-challenges-2015-2020    

Key points in table of content

1. Key Findings of The Study

2. Executive Summary

3. Market Overview

3.1 Introduction

3.2 Industry Value Chain Analysis

3.3 Industry Attractiveness – Porter’s 5 Force Analysis

3.4 Industry Policies

3.5 Latest Trends and Technologies

4. Market Dynamics

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

5. In Flight Entertainment and Connectivity Market

5.1 Segmentation By Product Type

5.1.1 Hardware

5.1.2 Content

5.1.3 Connectivity

5.2 Segmentation by Fit

5.2.1 Linefit

5.2.2 RetroFit

5.3 Segmentation by Class

5.3.1 First Class

5.3.2 Business Class

5.3.3 Economy Class

5.4 Segmentation By Region

5.4.1 North America

5.4.1.1 Introduction

5.4.1.2 United States

5.4.1.3 Canada

5.4.1.4 Others

5.4.2 Latin America

5.4.2.1 Introduction

5.4.2.2 Brazil

5.4.2.3 Argentina

5.4.2.4 Mexico

5.4.2.5 Others

5.4.3 Europe

5.4.3.1 Introduction

5.4.3.2 Germany

5.4.3.3 France

5.4.3.4 Russia

5.4.3.5 Others

5.4.4 Asia Pacific

5.4.4.1 Introduction

5.4.4.2 China

5.4.4.3 India

5.4.4.4 Japan

5.4.4.5 Australia

5.4.4.6 Others

5.4.5 Middle East and Africa

5.4.5.1 Introduction

5.4.5.2 South Africa

5.4.5.3 UAE

5.4.5.4 Saudi Arabia

5.4.5.5 Others

6. Competitive Landscape

6.1 Introduction

6.2 Market Share Analysis

6.3 Latest developments of Key players

7. Key Vendor Profiles

7.1 UTC Aerospace Systems

7.1.1 Overview

7.1.2 Major Products and Services

7.1.3 Recent Developments

7.2 Thales Group

7.2.1 Overview

7.2.2 Major Products and Services

7.2.3 Recent Developments

7.3 Panasonic Avionics Corporation

7.3.1 Overview

7.3.2 Major Products and Services

7.3.3 Recent Developments

7.4 Dysonics

7.4.1 Overview

7.4.2 Major Products and Services

7.4.3 Recent Developments

7.5 Digecor, Inc

7.5.1 Overview

7.5.2 Major Products and Services

7.5.3 Recent Developments

7.6 GEE Media

7.6.1 Overview

7.6.2 Major Products and Services

7.6.3 Recent Developments

7.7 Rockwell Collins

7.7.1 Overview

7.7.2 Major Products and Services

7.7.3 Recent Developments

7.8 Zodiac Aerospace

7.8.1 Overview

7.8.2 Major Products and Services

7.8.3 Recent Developments

7.9 Lumexis

7.9.1 Overview

7.9.2 Major Products and Services

7.9.3 Recent Developments

7.10 Honeywell International, Inc

7.10.1 Overview

7.10.2 Major Products and Services

7.10.3 Recent Developments

7.11 Stellar Entertainment

7.11.1 Overview

7.11.2 Major Products and Services

7.11.3 Recent Developments

7.12 Viasat, Inc

7.12.1 Overview

7.12.2 Major Products and Services

7.12.3 Recent Developments

7.13 GOGO LLC

7.13.1 Overview

7.13.2 Major Products and Services

7.13.3 Recent Developments

8. Investment Analysis

8.1 Recent Mergers And Acquisitions

8.2 Investment Outlook

9. Future of In Flight Entertainment and Connectivity Market

Get this report @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=365150

Contact US:

NORAH TRENT

Partner Relations & Marketing Manager

sales@wiseguyreports.com

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)           

 

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