Asia-Pacific In-Flight Entertainment and Connectivity (IFEC) Market Share 2019 Growth Challenges, Opportunities and Future Trends 2025
Asia-Pacific IFEC market is estimated to grow significantly at a CAGR of 10.6% during the forecast period. The growth is mainly attributed to the growing aerospace industry in the region, which is primarily involved in the development of innovative infotainment and connectivity technologies in the region. Further, the increase in the aviation industry leads to an increase in the number of airports which in turn demands more infotainment and connectivity solutions in the aviation industry. According to the International Air Transport Association (IATA), China is expected to replace the US as the world’s largest aviation market in 2024. Whereas, India is projected to take over UK for third place in 2025, while Indonesia and Japan will be ranked 5th and 7th respectively. Additionally, it is estimated that for air travel, approximately 817 million new passengers will be added to account for a total of 1.3 billion in 2035 in China. Whereas, 322 million new additional passengers will surplus to account a total of 442 million in India, which directly contributes to the Asia-Pacific IFEC market growth.
To Request a Sample of our Report on Asia-Pacific
In-Flight Entertainment and Connectivity (IFEC) Market: https://www.omrglobal.com/request-sample/asia-pacific-in-flight-entertainment-connectivity-ifec-market
The market is segmented on the basis
of type, and class. Based on type, the market is segregated into in-flight
entertainment and in-flight connectivity. The in-flight entertainment segment
is anticipated to hold considerable market share during the forecast period.
The growth of the in-flight entertainment segment is attributed to the surge in
demand for continuous entertainment, such as video streaming, by the passengers
onboard. The in-flight connectivity segment is driven by the increasing use of
smartphones and the rising trend of connectivity solutions in airlines among
others. Based on class, the market is segmented into first class, business
class, and economy class. These are classified on the basis of different
characteristics that include the cost of travel, available amenities, and
ambience. In terms of market share, the business class segment is anticipated
to hold a considerable share in the in-flight entertainment and connectivity
market.
(Get 15% Discount on Buying this Report)
A
full Report of Asia-Pacific In-Flight Entertainment and Connectivity (IFEC)
Market is Available @
https://www.omrglobal.com/industry-reports/asia-pacific-in-flight-entertainment-connectivity-ifec-market
Asia-Pacific IFEC Market
Segmentation
By Type
·
In-Flight Entertainment
·
In-Flight Connectivity
By Class
·
First Class
·
Business Class
·
Economy Class
Regional
Analysis
·
China
·
Japan
·
India
Rest of Asia-Pacific
Company
Profiles
·
Burrana
·
Envee Inflight
Entertainment Co. Ltd
·
Honeywell
International, Inc.
·
Global Eagle
Entertainment, Inc.
·
Panasonic Aviation
Corp.
·
Rockwell Collins
Inc.
·
Safran S.A.
·
Thales Group
·
Viasat Inc.
·
Gogo
Inc.
Reasons to buy from us –
1. We cover more than
15 major industries, further segmented into more than 90 sectors.
2. More than 120
countries are for analysis.
3. Over 100+ paid
data sources mined for investigation.
4. Our expert
research analysts answer all your questions before and after purchasing your
report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company
known for its crisp and concise reports. The company is equipped with an
experienced team of analysts and consultants. OMR offers quality syndicated
research reports, customized research reports, consulting and other
research-based services.
Media
Contact:
Company
Name: Orion Market Research
Contact
Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact
no: +91 7803040404
Comments
Post a Comment