NEW YORK, June 8, 2022 /PRNewswire/ — The In-flight Entertainment Systems Market value is set to grow by USD 296.24 million, progressing at a CAGR of 1.39% from 2020 to 2025, as per the latest report by Technavio. The market is segmented by product (hardware, connectivity, and content) and geography (North America, APAC, Europe, MEA, and South America).
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In-flight Entertainment Systems Market: Regional Analysis & Forecast
- 47% of the market’s growth will originate from APAC during the forecast period. Australia is the key markets for market in APAC. Market growth in this region will be faster than the growth of the market in regions. New commercial aircraft deliveries and investments in new airport projects will facilitate the market growth in APAC over the forecast period.
In-flight Entertainment Systems Market: Segmentation Analysis & Forecast
- The market share growth by the hardware segment will be significant during the forecast period. Hardware is a crucial component that runs the connectivity and entertainment platforms, as well as acts as an interface through which a passenger can access digital communication and provides access to passengers to stream content onboard. Owing to the growing popularity of in-flight connectivity services, major aircraft manufacturers (such as Airbus, Boeing, and Bombardier) have been entering into contracts with IFEC support hardware providers to develop and supply lightweight products that consume less energy and have minimal impact on the overall weight of the aircraft. The demand for hardware has boosted the growth of the in-flight entertainment systems market.
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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the In-flight Entertainment Systems Market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
Highlights-
- Segmentation- The report extensively covers market segmentation by Product (hardware, connectivity, and content) and Geography (North America, APAC, Europe, MEA, and South America)
- Key Companies- Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, and Viasat Inc. among others
- Driver- Technological advancements and partnerships to drive the market
- Challenge– High costs associated with networking technologies and connectivity hardware to hamper the market growth
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In-flight Entertainment Systems Market: Major Growth Driver
- Technological advancements and partnerships
Many aircraft companies are investing heavily in technology to differentiate themselves from competitors.VR in aircraft is heating up, with in-flight VR which provides VR headsets to its passengers on selected routes. Airlines are striving to provide an entirely new experience to passengers through VR. Continuous investments in innovations and advancement in networking and connectivity technologies have encouraged prominent players to introduce enhanced technologies to sustain competition and gain a first-mover advantage. Prominent players in the market are aiming at launching hybrid technologies and advanced Wi-Fi devices that can be deployed in aircraft, plying on mid-haul and short-haul routes, to enhance bandwidth capacity and connectivity speed. Major hardware vendors, such as Panasonic Avionics and Row 44, have formed strategic alliances to deliver international content as a part of their hardware IFEC system package alongside acquiring contracts from live television service suppliers to fulfill this purpose.
In-flight Entertainment Systems Market: Major Growth Trend
- Ongoing development of IFEC and wireless-IFE
IFEC service delivery is becoming a unique selling proposition where dynamic technologies and connectivity service delivery podiums empower air flight carriers to differentiate their offering either by hi-tech features conveyed to passengers or by cost. The substantial growth prospects of the in-flight entertainment systems market can be attributed to the surging prominence of wireless solutions adaptability in single and twin-aisle aircraft. Airlines operators are providing IFE to the customers as there is a high demand for live TV shows and in-flight internet connectivity, which enhances customer experience and drives the interest of satellite operators and service providers. Furthermore, technological advancements are expected to offer new opportunities for the vendors operating in the global in-flight entertainment systems market. Vendors have been focusing on offering technologies for improving the customer s in-flight experience and improving safety. Some of the major vendors of connected aircraft solutions have been focusing on offering products with advanced features. This is expected to favor the growth of the market in focus over the forecast period.
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In-flight Entertainment Systems Market: Key Vendors
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Burrana Pty Ltd.
- FDS Avionics Corp.
- Global Eagle Entertainment Inc.
- GOGO LLC
- Honeywell International Inc.
- Inmarsat Group Ltd.
- Panasonic Corp.
- Safran SA
- Thales Group
- Viasat Inc.
The in-flight entertainment systems market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
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Reasons to Buy In-flight Entertainment Systems Market Report:
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist in-flight entertainment systems market growth during the next five years
- Estimation of the in-flight entertainment systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the in-flight entertainment systems market across North America, APAC, Europe, MEA, and South America
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of in-flight entertainment systems market vendors
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In-flight Entertainment Systems Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 1.39% |
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Market growth 2021-2025 |
$ 296.24 million |
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Market structure |
Fragmented |
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YoY growth (%) |
1.15 |
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Regional analysis |
North America, APAC, Europe, MEA, and South America |
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Performing market contribution |
APAC at 47% |
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Key consumer countries |
US, France, Australia, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Burrana Pty Ltd., FDS Avionics Corp., Global Eagle Entertainment Inc., GOGO LLC, Honeywell International Inc., Inmarsat Group Ltd., Panasonic Corp., Safran SA, Thales Group, and Viasat Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 02: Market characteristics
- Exhibit 03: Value chain analysis – Aerospace and defense
- 2.2 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Exhibit 05: Market segments
- 3.2 Market segment analysis
- 3.3 Market size 2020
- Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
- 3.4 Market outlook: Forecast for 2020 – 2025
- Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
- 4.1 Five Forces Analysis
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- Exhibit 10: Bargaining power of suppliers
- 4.3 Bargaining power of suppliers
- Exhibit 11: Threat of new entrants
- 4.4 Threat of new entrants
- Exhibit 12: Threat of substitutes
- 4.5 Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- Exhibit 14: Market condition – Five forces 2020
- 4.7 Market condition
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 16: Comparison by Product
- 5.2 Comparison by Product
- Exhibit 17: Hardware – Market size and forecast 2020-2025 ($ million)
- 5.3 Hardware – Market size and forecast 2020-2025
- Exhibit 18: Hardware – Year-over-year growth 2020-2025 (%)
- Exhibit 19: Connectivity – Market size and forecast 2020-2025 ($ million)
- 5.4 Connectivity – Market size and forecast 2020-2025
- Exhibit 20: Connectivity – Year-over-year growth 2020-2025 (%)
- Exhibit 21: Content – Market size and forecast 2020-2025 ($ million)
- 5.5 Content – Market size and forecast 2020-2025
- Exhibit 22: Content – Year-over-year growth 2020-2025 (%)
- Exhibit 23: Market opportunity by Product
- 5.6 Market opportunity by Product
6 Customer landscape
- 6.1 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 26: Geographic comparison
- 7.2 Geographic comparison
- Exhibit 27: North America – Market size and forecast 2020-2025 ($ million)
- 7.3 North America – Market size and forecast 2020-2025
- Exhibit 28: North America – Year-over-year growth 2020-2025 (%)
- Exhibit 29: APAC – Market size and forecast 2020-2025 ($ million)
- 7.4 APAC – Market size and forecast 2020-2025
- Exhibit 30: APAC – Year-over-year growth 2020-2025 (%)
- Exhibit 31: Europe – Market size and forecast 2020-2025 ($ million)
- 7.5 Europe – Market size and forecast 2020-2025
- Exhibit 32: Europe – Year-over-year growth 2020-2025 (%)
- Exhibit 33: MEA – Market size and forecast 2020-2025 ($ million)
- 7.6 MEA – Market size and forecast 2020-2025
- Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
- Exhibit 35: South America – Market size and forecast 2020-2025 ($ million)
- 7.7 South America – Market size and forecast 2020-2025
- Exhibit 36: South America – Year-over-year growth 2020-2025 (%)
- Exhibit 37: Key leading countries
- 7.8 Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 38: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 39: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Vendor landscape
- 9.2 Vendor Landscape Overview
- 9.3 Recovery phase
- Exhibit 41: Landscape disruption
- 9.4 Landscape disruption
- Exhibit 42: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 44: Market positioning of vendors
- Exhibit 45: Burrana Pty Ltd. – Overview
- Exhibit 46: Burrana Pty Ltd. – Product and service
- Exhibit 47: Burrana Pty Ltd. – Key offerings
- 10.3 Burrana Pty Ltd.
- Exhibit 48: FDS Avionics Corp. – Overview
- Exhibit 49: FDS Avionics Corp. – Product and service
- Exhibit 50: FDS Avionics Corp. – Key offerings
- 10.4 FDS Avionics Corp.
- Exhibit 51: Global Eagle Entertainment Inc. – Overview
- Exhibit 52: Global Eagle Entertainment Inc. – Business segments
- 10.5 Global Eagle Entertainment Inc.
- Exhibit 53: Global Eagle Entertainment Inc. – Key news
- Exhibit 54: Global Eagle Entertainment Inc. – Key offerings
- Exhibit 55: Global Eagle Entertainment Inc. – Segment focus
- Exhibit 56: GOGO LLC – Overview
- Exhibit 57: GOGO LLC – Business segments
- 10.6 GOGO LLC
- Exhibit 58: GOGO LLC – Key news
- Exhibit 59: GOGO LLC – Key offerings
- Exhibit 60: GOGO LLC – Segment focus
- Exhibit 61: Honeywell International Inc. – Overview
- Exhibit 62: Honeywell International Inc. – Business segments
- 10.7 Honeywell International Inc.
- Exhibit 63: Honeywell International Inc.– Key news
- Exhibit 64: Honeywell International Inc. – Key offerings
- Exhibit 65: Honeywell International Inc. – Segment focus
- Exhibit 66: Inmarsat Group Ltd. – Overview
- Exhibit 67: Inmarsat Group Ltd. – Business segments
- 10.8 Inmarsat Group Ltd.
- Exhibit 68: Inmarsat Group Ltd. – Key news
- Exhibit 69: Inmarsat Group Ltd. – Key offerings
- Exhibit 70: Inmarsat Group Ltd. – Segment focus
- Exhibit 71: Panasonic Corp. – Overview
- Exhibit 72: Panasonic Corp. – Business segments
- 10.9 Panasonic Corp.
- Exhibit 73: Panasonic Corp. – Key news
- Exhibit 74: Panasonic Corp. – Key offerings
- Exhibit 75: Panasonic Corp. – Segment focus
- Exhibit 76: Safran SA – Overview
- Exhibit 77: Safran SA – Business segments
- 10.10 Safran SA
- Exhibit 78: Safran SA – Key news
- Exhibit 79: Safran SA – Key offerings
- Exhibit 80: Safran SA – Segment focus
- Exhibit 81: Thales Group – Overview
- Exhibit 82: Thales Group – Business segments
- 10.11 Thales Group
- Exhibit 83: Thales Group – Key news
- Exhibit 84: Thales Group – Key offerings
- Exhibit 85: Thales Group – Segment focus
- Exhibit 86: Viasat Inc. – Overview
- Exhibit 87: Viasat Inc. – Business segments
- 10.12 Viasat Inc.
- Exhibit 88: Viasat Inc. – Key offerings
- Exhibit 89: Viasat Inc. – Segment focus
11 Appendix
- 11.1 Scope of the report
- Exhibit 90: Currency conversion rates for US$
- 11.2 Currency conversion rates for US$
- Exhibit 91: Research Methodology
- 11.3 Research methodology
- Exhibit 92: Validation techniques employed for market sizing
- Exhibit 93: Information sources
- Exhibit 94: List of abbreviations
- 11.4 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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