This statistic gives the projected number of new pilots in the aviation industry worldwide between 2021 and 2040, with a breakdown by region. During this period, Asian airlines are forecasting to hire up to ******* new pilots, as air traffic in Asia Pacific is expected to rise at an annual growth rate of five percent in the next 20 years.

Over the five years through 2023, revenue for the airline industry in China has fallen at a CAGR of 10.6% to a total of $49.2 billion. This includes a growth of 53.2% in the current year. The Airlines industry has been affected by COVID-19 for three consecutive years since 2020. Total passenger volumes declined by 37.7% in 2020 to 417.8 million and grew slightly by 5.5% to 440.8 million in 2021. In 2022, passenger volumes declined by 43.2% to 250.2 million.The industry is subject to fierce competition, leading to low-profit margins. The challenges faced in the past five years include travel restrictions caused by COVID-19, the unstable global economy, and high aviation fuel prices, which led to industry losses in 2020, 2021, and 2022. Due to the relaxation of travel restrictions, the airline industry will gradually recover in 2023.Over the five years through 2028, industry revenue is forecast to grow at a CAGR of 11.5% to $84.9 billion. Growth will likely stabilize as air traffic volumes increase steadily and the industry matures gradually. Still, volatile jet fuel prices will remain a significant risk factor for industry operators. ACMR-IBISWorld also anticipates that competition among airlines and profit squeezing will be somewhat alleviated with further industry consolidation. Other notable trends include an increasingly private and foreign presence in the industry and the rapid development of regional airlines in China's second and third-tier cities.

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Airline Passenger Communications System Market - 2021-2025

The airline passenger communications system market size is expected to reach a value of USD 2.14 billion, at a CAGR of 8.77%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the introduction and adoption of 5G network by the aviation industry are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

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Airline Passenger Communications System Market Segments

Every aspect of business improvement planning depends on the understanding of current and potential target customers across segmentations. Our airline passenger communications system market analysis report extensively covers application (on-board and ground-based) and geography (North America, Europe, APAC, South America, and MEA), wherein you will obtain insights on qualitative and quantitative data that can help in optimizing financial results. Get actionable insights on the airline passenger communications system market segments to recognize and seize financial opportunities.

Furthermore, given the current pandemic situation and its significant effect on industries, it is essential to understand the vulnerable market segments and recovery scope. Our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities to strengthen market foothold. Want a thorough qualitative and quantitative analysis on the post-pandemic airline passenger communications system market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Airline Passenger Communications System Market Vendors and Competitive Analysis

    The airline passenger communications system market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the airline passenger communications system market is concentrated and the vendors are deploying growth strategies such as focusing on product features and pricing to gain a competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players.

    The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

    Buy the full airline passenger communications system market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Airline Passenger Communications System Market - Region Opportunities 2021-2025

North America will contribute to 35% of the overall airline passenger communications system market growth during the forecast period. The US is the key market for airline passenger communications system market in North America. To unlock exclusive information on potential business markets, economic trends and risks in geographies, and emerging prospective customers buy the report now!

North America has been exhibiting a significant growth rate for airline passenger communications system market vendors. Factors such as the growing partnerships both for the development and operation of airline passenger communications systems, especially for business jet aviation are accelerating the airline passenger communications system market growth in North America. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The airline passenger communications system market share growth in North America will be slower than the growth of the market in regions such as Europe and APAC. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Airline Passenger Communications System Market Insights by Application

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According to our market segmentation data

With the pandemic wreaking havoc on the airline sector with government lockdowns restricting international travel, 2022 will likely see a fall in the current $737 million in sponsorship airlines have committed in 2021, with up to $313 million in deal value expiring at the end of 2021,as such rights holders will have to seek alternative sectors or a downgrade in the value of their assets. Read More

In the first four months of 2022, Vietnam Airlines held around 40 percent of the aviation market in Vietnam, based on the number of flights. The airline is the flag carrier of Vietnam, while the rest of the airlines mentioned are from the private sector. Vietnam Airlines During its 27 years of history, Vietnam Airlines has grown to become the pacemaker of the Vietnamese aviation industry and one of the market leaders in Southeast Asia. As of July 2022, Vietnam Airlines serves over 20 domestic and 30 international destinations on around 100 routes. Prior to the COVID-19 pandemic, the annual number of passengers flying with Vietnam Airlines peaked at nearly 23 million in 2019. The carrier yielded approximately 100 trillion Vietnamese dong in net revenue that year. Vietnamese aviation industry During the first two years of the pandemic, travel restrictions and border closures heavily impacted Vietnam’s tourism and aviation industry. Nevertheless, Vietnam still owned one of the largest airline travel markets, recording over 31 million airline passengers boarding its domestically registered airlines in 2020. The Vietnamese aviation industry has also started to show signs of recovery since the country officially reopened its border for international tourism on March 15. Within the first four months of 2022, the number of airline passengers in Vietnam surpassed that of the entire 2021 year, promising a brighter outlook for the years to come.

Europe Aviation Market drives innovation through advanced aircraft manufacturing, sustainability, and digital transformation across air transport.

The Aviation Market Report is Segmented by Type (Commercial Aviation, Military Aviation, General Aviation, Unmanned Aerial Systems, and Advanced Air Mobility), Propulsion Technology (Turboprop, Turbofan, Piston Engine, and More), Power Source (Conventional Fuel, Fuel Cell, and More), Fit (Line Fit, and Retrofit), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

In 2020, during the outbreak of the coronavirus pandemic, the airline advertising worldwide decreased by a whopping ** percent compared to 2019. However, as the travel industry recovers, in 2021 airline ad spend is set to grow by *** percent.

Global Commercial Airline market size 2021 was recorded $1104.62 Billion whereas by the end of 2025 it will reach $1312.24 Billion. According to the author, by 2033 Commercial Airline market size will become $1851.9. Commercial Airline market will be growing at a CAGR of 4.4% during 2025 to 2033.

United States (US) Flight Instruments Market is expected to grow during 2021-2027

Due to the coronavirus outbreak worldwide, airlines in the Asia Pacific region saw a decrease in freight tonne kilometers (FTKs) of *** percent in December 2020 compared with December 2019. The next year, FTKs improved in the region, growing by **** percent in April 2021 compared with the same month in 2020. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Trading conditions have been mixed for the Domestic Airlines industry over the past five years. Government restrictions to combat the pandemic significantly curtailed air travel volumes over the two years through 2020-21, and industry revenue plunged accordingly. Returning to growth in 2021-22, revenue has rapidly recovered ever since to reach close to pre-pandemic levels. Overall, industry revenue is expected to have grown at an annualised 4.7% over the five years through 2024-25 to $17.0 billion. This includes anticipated revenue growth of 0.5% in 2024-25. The COVID-19 pandemic wiped out domestic airlines’ profit margins, causing the industry to suffer losses over the three years through 2021-22. A strong recovery in domestic air travel, combined with capacity constraints, has returned the industry to profitability, but weak consumer confidence over the two years through 2024-25 has started to stall revenue growth. High inflation and rising interest rates have hit consumer confidence, prompting customers to increasingly choose budget airlines over full-fare flights and stifling growth in domestic air travel over the two years through 2024-25. With low-cost carrier Bonza exiting the industry in April 2024 and Rex entering voluntary administration in July 2024, price competition is expected to weaken. However, the Federal Government has stepped in to ensure the survival of Rex, which continues to operate regional flights and is looking to secure a buyer to continue operating. Nonetheless, lower jet fuel prices and easing travel demand have led to steep falls in ticket prices, limiting industrywide revenue growth in 2024-25. Passenger numbers are set to steadily tick upwards as domestic tourism and international travel to Australia strengthen over the coming years, driving the industry's expansion. Issues with competition following Bonza’s exit and the temporary limited operations of Rex will also support ticket prices, helping to boost margins and revenue growth. However, unpredictable geopolitical tensions in oil-rich nations have the potential to hinder the industry's recovery, similarly to how sanctions imposed on Russian oil have sustained elevated oil prices, placing strong upwards pressure on domestic airlines' purchase costs and limiting their profit margins. Industry revenue is forecast to increase at an annualised 2.9% over the five years through 2029-30 to $19.6 billion.

Global Aviation Analytics Market size was valued at USD 2.91 billion in 2021 and is projected to grow from USD 4.10 billion in 2022 to USD 13.57 billion by 2030, exhibiting a CAGR of 16.13% during the forecast period (2023-2030).

The global Aviation Analytics market size reached USD 2.95 Billion in 2021 and is expected to reach USD 8.03 Billion in 2030 registering a CAGR of 12.0%. Aviation Analytics market growth is primarily driven owing to rise in volumes of data generation in aviation and increased research and advancemen...

According to Cognitive Market Research, the global Aircraft Flight Management System Market size is USD 2984.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 6.80% from 2023 to 2030.

The global Aircraft Flight Management System Market will expand significantly by 6.80% CAGR between 2023 and 2030.
The demand for the Aircraft Flight Management System Market is to help readers develop business/growth strategies, assess the market competitive situation. 
Demand for CDU remains higher in the Aircraft Flight Management System Market.
The online sales category held the highest Aircraft Flight Management System Market revenue share in 2023.
North American Aircraft Flight Management System Market will continue to lead, whereas the European Aircraft Flight Management System Market will experience the most substantial growth until 2030.

Cost-Effective Operations and Digital Tech Integration to Provide Viable Market Output

The growing demand for high-performance aircraft equipped with advanced flight control systems is a significant market driver driven by airlines' requirements for cost-effective operations. Integration of the latest digital technology in flight control systems, especially for supersonic and hypersonic aircraft, further supports the growth of the aircraft flight control system market.

For instance, in July 2021, Qarbon Aerospace introduced the Helios Ice Protection System, an electro-thermal icing protection system that implants a carbon fibre thermoplastic heating element into the engine nacelles and components, fuselages, flight control surfaces, and wings. The increasing emphasis on aircraft safety has led to increased R&D on ice protection technologies.

Source-www.jeccomposites.com/news/qarbon-aerospace-launches-helios-ice-protection-system/

Cumulative Evaluation of the Market to Propel Market Growth

The flight management systems market is very much required for several industries. The innovative technology for the airline will improve the effectiveness of the consumers. The growing need for modern surveillance navigation is a factor that will develop the market's growth. The cumulative evaluation of the market shows that the drivers, like increased airline usage for travelling and interest in the technology defence aviation sector, will increase the market in the forecast period.

For instance, as of June 2022, Japan Airlines was in plans to modernize its fleet of Boeing 737 aircraft fleet with an average of more than 12 years with new fuel-efficient models. The airline is currently exploring its options between Boeing 737 MAX and Airbus A320neo family aircraft.

Source-investors.boeing.com/investors/news/press-release-details/2023/Japan-Airlines-Selects-737-8-to-Grow-Sustainable-World-Class-Fleet/default.aspx

Market Dynamics of the Aircraft Flight Management System Market

Design Challenges to Restrict Market Growth

Flight control systems are essential for ensuring the proper operation of the aircraft, and hence the safety of the crew and passengers is dependent on the optimal functioning of the system and its subcomponents. Thus, the integrated flight control architecture onboard an aircraft model is required to be designed as per the guidelines formulated by aviation regulatory authorities, and their performance and accuracy are required to be validated prior to obtaining installation type certification.

Impact of COVID-19 on the Aircraft Flight Management System Market?

The COVID-19 pandemic affected the aircraft flight management system market significantly. The flight management system market requires newer technologies and improvements now and then as this is used continuously because of the passengers using airlines to travel. Still, the technology market is going through the crisis due to COVID, which affects the market. Supply chains are on pause due to the effect on the market. But it is expected that the market will improve the growth rate shortly. The cases of COVID-19 increased, leading to a halt of all international and domestic travel, thereby grounding the aircraft. The supply for new aircraft deliveries was hampered, leading to a large supply backlog and reduced overall demand for aircraft flight control systems.

Opportunity for the Aircraft flight management systems market

Technological advancements in the aircraft flight management systems pres...

Passenger Airlines (Airlines whose primary business is the transport of passengers) market has evolved dramatically in the recent years. The report Saudi Arabia Passenger Airlines Market to 2021: Market Segments Sizing and Revenue Analytics provides deep dive data analytics on wide ranging Passenger Airlines market aspects including overall airlines no. of seats sold, load factor, passenger kilometers available etc. all categorized by different service offerings – Low Cost, Full Service and Charter Services. Furthermore, the report details out number of revenue-generating airline passenger kilometers since 2012 to 2021 along with other critical aspects of the Passenger Airlines market. Read More

The size of the North America Commercial Aircraft In-Flight Entertainment System Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.11% during the forecast period. Recent developments include: June 2022: Recaro Aircraft Seating partnered with Panasonic Avionics Corporation (Panasonic Avionics) to unveil a new in-flight entertainment seat-end solution installed on the CL3810 economy class seat.December 2021: American Airlines’ selects AVANT solution for A321XLR and Boeing 787-9 fleets.June 2021: Thales group launched AVANT UP. AVANT Up is Thales’s latest evolution of industry leading inflight entertainment (IFE) solutions. The system features a new line of displays, power supply solutions, personalization and airline revenue generation capabilities.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The global aviation analytics market size is projected to grow from USD 2899.25 million in 2025 to USD 6352.1 million by 2033, exhibiting a CAGR of 10.43%.
Report Scope:

The global aviation IoT market sizesize size reached USD 9.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 62.7 Billion by 2033, exhibiting a growth rate (CAGR) of 21.48% during 2025-2033.

IMARC Group provides an analysis of the key trends in each sub-segment of the global aviation IoT market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on application and end use.

The Aviation Cyber Security Market is Segmented by Solution (Threat Intelligence and Response, Identity and Access Management, Data Loss Prevention, and More), Security Type (Network Security, Endpoint Security, Application Security, and More), Deployment Mode (On-Premise, Cloud-Deployed), Application (Airline Management, Air Cargo Management, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).