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Fri, Feb 21, 2020

Report: 5G In Aviation Market To Grow At A Lucrative Rate Through 2030

New Players Are Increasing Their Market Presence In The Space

ASDReports has launched a new aviation 5G in Aviation Market Report 2020-2030: Forecasts by End Use (Infrastructure for Airport, Infrastructure for Aircraft), by Communication Infrastructure (Small Cells, Distributes Antenna System (DAS)), by Technology (Massive Machine Type Communications (MMTC) and Ultra-Reliable Low-Latency Communications (URLLC), Enhanced Mobile Broadband (EMBB), Fixed Wireless Access (FWA)) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.

The global "5G in aviation" market is expected to grow at a lucrative rate during the forecast period. Some of the key factors driving the market are growing need for fast internet connectivity, and rise in the numbers of IoT based applications across the aviation sectors. However, factors such as fragmented 5G spectrum allocation, high initial investment involved in expanding the 5G infrastructure may restrict the growth of the market. The "5G in aviation" market can be segmented based on End Use, Communication Infrastructure, Technology and region.

The 5G market in aviation is moderately competitive and consists of a few players. In terms of market share, some of the major players currently dominate the market. However, with the advancement in the frequency band thereby growing application in the aviation sector, new players are increasing their market presence thereby expanding their business footprint across the emerging economies. During May 2019, Gogo LLC announced the next steps for its air-to-ground network in North America and will build a 5G network for aviation. The new air-to-ground (ATG) network will be designed for use on business aviation aircraft, commercial regional jets and smaller mainline jets operating within the contiguous United States and Canada and on November 2018, Saudi Air Navigation Services (SANS), the official body responsible for air navigation services in Saudi Arabia, has formally selected SITAONAIR to elevate the Kingdom’s air traffic management capabilities, through to 2025.SITAONAIR will deliver its country-wide, unrivalled, state-of-the-art VHF and Digital Automatic Terminal Information Service (D-ATIS) solutions for Saudi Air Navigation Services (SANS), benefiting all airlines flying in Saudi Arabia.

Key players such as Dassault Systemes SE, GOGO LLC, SITAONAIR (SITA.aero), BAE Systems PLC, Deutsche Lufthansa AG are currently dominating the market. These major companies are increasingly focusing on research and development activities so as to gain competitive advantage. Few of other companies operating in the market include Huawei, Ericsson, Nokia Corporation, Cisco Systems, Panasonic Avionics Corporation, Gogo, Global Eagle Entertainment, ONEWEB, Aeromobile Communications, Smart sky Networks, Inseego Corp, Intelsat, Samsung, AT&T, Monaco Telecom.

These companies are taking various strategic initiatives such as mergers, acquisitions, and partnerships so as to increase their presence in the global market. For instance, In April 2019, the company partnered with TIM (Italy), for installing 5G demo area at Leonardo Da Vinci airport in Rome, Italy, with the objective of providing live and virtual guided tour services to passengers at Terminal 3 of the airport.

(Image provided with ASDReports news release)

FMI: Report information

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