The inflight entertainment system enhances the passenger’s travel experience & makes them feel safe & comfortable during air travel. From the past few years, airline operators started to provide inflight entertainment systems which permit passengers to use the mobile phone & the video stream on personal devices with the help of inflight WI-FI facility.
The increase in the number of air passengers is the key driving factor which is expected to boost the global inflight entertainment (IFE) system market growth over the forecast period. The rise in adoption of satellite communication technology, the higher the frequency, the more bandwidth is available, & the higher the bandwidth, and the more data can be transferred which is expected drive the market growth. The increase in advancements in wireless connectivity & the growing use of internet-enabled personal electronic devices which expected to elevate the global inflight entertainment (IFS) system market growth.
Furthermore, the growing passenger demand for internet access & media streaming onboard with their willingness to pay an additional cost for these services is expected to create opportunities in the near future. The growing focus of airlines towards addressing the travelers demand for inflight entertainment & connectivity services is expected to contribute the global inflight entertainment (IFE) market growth.
The increase in the overall weight of the aircraft is expected to hamper the global inflight entertainment (IFE) system market during this forecast timeline. Also, high installation cost of these systems may hinder the growth of global inflight entertainment (IFE) system market growth.
The Global Inflight Entertainment (IFE) System Market is segmented into fit type such as Line Fit, and Retro Fit, by aircraft type such as Narrow Body Aircraft, Wide Body Aircraft, and Business Jets. Based on the product type market is segmented into Inflight Entertainment Hardware, Inflight Entertainment Connectivity and Communication, and Inflight Entertainment Content.
Also, the Global Inflight Entertainment (IFE) System Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America is expected to hold largest market share in overall global inflight entertainment (IFE) system market growth owing to high penetration rate of such systems in the airline industry in this region. Some of the major airlines across the region like United Airlines Inc, and Delta Air Lines Inc are increasingly making efforts to provide premium content via Wi-Fi or offer tablets to the passengers onboard. Also, the APAC is expected to grow at faster rate during this forecast period due to the increase in passenger traffic will create the opportunities for the target market in this region.
Various key players are discussed in this report such as Panasonic Avionics Corporation, Global Eagle Entertainment, Inc., Thales Group, Gogo LLC, Viasat, Inc., Rockwell Collins, Inc., Sitaonair, Digecor, Inc., Zodiac Aerospace, etc.
Market Drivers
The increase in the number of air passengers is the key driving factor which is expected to boost the global inflight entertainment (IFE) system market growth over the forecast period. The rise in adoption of satellite communication technology, the higher the frequency, the more bandwidth is available, & the higher the bandwidth, and the more data can be transferred which is expected drive the market growth. The increase in advancements in wireless connectivity & the growing use of internet-enabled personal electronic devices which expected to elevate the global inflight entertainment (IFS) system market growth.
Furthermore, the growing passenger demand for internet access & media streaming onboard with their willingness to pay an additional cost for these services is expected to create opportunities in the near future. The growing focus of airlines towards addressing the travelers demand for inflight entertainment & connectivity services is expected to contribute the global inflight entertainment (IFE) market growth.
Market Restraints
The increase in the overall weight of the aircraft is expected to hamper the global inflight entertainment (IFE) system market during this forecast timeline. Also, high installation cost of these systems may hinder the growth of global inflight entertainment (IFE) system market growth.
Market Segmentation
The Global Inflight Entertainment (IFE) System Market is segmented into fit type such as Line Fit, and Retro Fit, by aircraft type such as Narrow Body Aircraft, Wide Body Aircraft, and Business Jets. Based on the product type market is segmented into Inflight Entertainment Hardware, Inflight Entertainment Connectivity and Communication, and Inflight Entertainment Content.
Also, the Global Inflight Entertainment (IFE) System Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The North America is expected to hold largest market share in overall global inflight entertainment (IFE) system market growth owing to high penetration rate of such systems in the airline industry in this region. Some of the major airlines across the region like United Airlines Inc, and Delta Air Lines Inc are increasingly making efforts to provide premium content via Wi-Fi or offer tablets to the passengers onboard. Also, the APAC is expected to grow at faster rate during this forecast period due to the increase in passenger traffic will create the opportunities for the target market in this region.
Market key Players
Various key players are discussed in this report such as Panasonic Avionics Corporation, Global Eagle Entertainment, Inc., Thales Group, Gogo LLC, Viasat, Inc., Rockwell Collins, Inc., Sitaonair, Digecor, Inc., Zodiac Aerospace, etc.
Market Taxonomy
By Fit Type
- Line Fit
- Retro Fit
By Aircraft Type
- Narrow Body Aircraft
- Wide Body Aircraft
- Business Jets
By Product Type
- Inflight Entertainment Hardware
- Inflight Entertainment Connectivity & Communication
- Inflight Entertainment Content
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Inflight Entertainment (IFE) System Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Frequently Asked Questions about the Global Inflight Entertainment (IFE) System Market
What is the estimated value of the Global Inflight Entertainment (IFE) System Market?
What is the growth rate of the Global Inflight Entertainment (IFE) System Market?
What is the forecasted size of the Global Inflight Entertainment (IFE) System Market?
Who are the key companies in the Global Inflight Entertainment (IFE) System Market?
Report Attribute | Details |
---|---|
No. of Pages | 185 |
Published | October 2021 |
Forecast Period | 2017 - 2027 |
Estimated Market Value ( USD | $ 6.25 billion |
Forecasted Market Value ( USD | $ 8.98 billion |
Compound Annual Growth Rate | 3.7% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |
Table of Contents
1 Introduction
2 Research Methodology
4 Global Inflight Entertainment (IFE) System Market Outlook
5 Global Inflight Entertainment (IFE) System Market, By Fit Type
6 Global Inflight Entertainment (IFE) System Market, By Aircraft Type
7 Global Inflight Entertainment (IFE) System Market, By Product Type
8 Global Inflight Entertainment (IFE) System Market, By Region
9 North America Inflight Entertainment (IFE) System Market Analysis and Forecast (2020-2027)
10 Europe Inflight Entertainment (IFE) System Market Analysis and Forecast (2020-2027)
11 Asia Pacific Inflight Entertainment (IFE) System Market Analysis and Forecast (2020-2027)
12 Latin America Inflight Entertainment (IFE) System Market Analysis and Forecast (2020-2027)
13 Middle East Inflight Entertainment (IFE) System Market Analysis and Forecast (2020-2027)
14 Competitive Analysis
15 Company Profiles
Companies Mentioned
- Panasonic Avionics Corporation
- Global Eagle Entertainment Inc.
- Thales Group
- Gogo LLC
- Viasat Inc.
- Rockwell Collins Inc.
- Sitaonair
- Digecor Inc.
- Zodiac Aerospace