Global Aircraft Communication System Market Report 2017-2018 to 2026: Increasing Demand for Satellite-Based Navigation System - ResearchAndMarkets.com | Financial Buzz

Global Aircraft Communication System Market Report 2017-2018 to 2026: Increasing Demand for Satellite-Based Navigation System – ResearchAndMarkets.com

The “Aircraft
Communication System – Global Market Outlook (2017-2026)”
report has been added to ResearchAndMarkets.com’s
offering.

The Global Aircraft Communication System Market accounted for $3.62
billion in 2017 and expected to grow at a CAGR of 12.6% to reach $10.59
billion by 2026.

Increasing demand for satellite-based navigation system, increasing use
of the Commercial Off-The-Shelf (COTS) technology and increase in air
passenger traffic are driving the market growth.

Moreover, demand for next-generation IP systems and commercialization of
unmanned aerial vehicles (UAVS) surge opportunity for the market to
sustain.

However, issues with radio spectrum and high costs for development are
impeding the market growth.

Coverage

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/kqzdpr/global_aircraft?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180622005388/en/