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CHICAGO, March 31, 2023 (Global News Service) – Report “In-Flight Entertainment and Connectivity Market By Product (IFE Hardware, IFE Connectivity, IFE Content), Category, Aircraft Type (Narrow Body, Wide Body, Business Jet), End User and Region – Forecast to 2026″is expected to be USD 4.7 billion in 2021, and is expected to reach USD 6.1 billion by 2026, at a CAGR of 5.2% during the forecast period.
The growth of this market is primarily driven by increasing demand for flight experience, aircraft renewal and aircraft deliveries, and technological shifts.
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Inflight Entertainment and Connectivity Market Scope:
Report Metrics | detail |
Estimated market size | $4.7 billion |
Estimated market size | $6.1 billion |
growth rate | 5.2% |
Multi-year available market size | 2017–2026 |
Consider base year | 2020 |
forecast period | 2021-2026 |
Forecast unit | Value (millions of dollars) |
Market segments covered | By product, by category, by aircraft type, by end user |
Areas covered | North America, Europe, Asia Pacific, Middle East and Rest of the World |
companies covered | Thales Group (France), Viasat, Inc. (US), Astronics Corporation (US), Iridium Communications Inc. (US), Gogo LLC (US) |
Browse the In-Depth Table of Contents for “Inflight Entertainment and Connectivity Market”
185 – table
46 – number
206 – number of pages
Key market dynamics:
Opportunities: Emerging Markets in Southeast Asia
Emerging markets contribute significantly to the growth of the in-flight entertainment and connectivity market. Southeast Asian countries such as India, Pakistan, China, and Nepal are emerging markets for IFE&C.
For example, in India most of the airlines are LCCs or ULCCs. Indigo, GoFirst, Spice jet are the major airlines whose planes only offer economy class seats. Passengers cannot enjoy in-flight entertainment. According to Boeing, the Southeast Asian country will need more than 4,500 planes to meet growing demand. Vietnam, Thailand and Indonesia have added the most airlines in the region over the past decade. Hence, increasing demand for new aircraft is expected to drive the IFEC market.
Challenge: High Cost IFE
The IFE&C market is characterized by high R&D and installation costs. According to Zauba, the seat electronics cost $4,500 per piece.
Modem units for connectivity cost $18,000 per unit. The installation cost of the IFE system was as high as $6 million. Hence, high cost of IFEC systems may hamper the growth of the market.
major market participants
- Thales Group (France),
- Viasat, Inc. (USA),
- Astronics Corporation (USA),
- Iridium Communications Inc. (USA),
- Gogo LLC (USA).
Thales Group It ranks among the top 5 in the global in-flight entertainment and connectivity market due to its large product portfolio and increasing product launches. For example, in June 2021, Thales launched AVANT UP. An in-flight entertainment system that offers features such as 4K HDR displays, in-seat power and an open operating system. In addition, the company also cooperates with reputed airlines to increase its market presence. For example, in 2018, Thales and Garuda Indonesia formed a partnership to equip 14 of the airline’s A330neo aircraft with Thales’ AVANT UP IFE system.
Via Corporation is a global communications company. The company ranks among the top 5 players in the global in-flight entertainment and connectivity market thanks to its growing partnerships with prominent airlines.
- For example, in May 2021, Viasat, Inc. signed a contract with JetBlue to provide Inflight Connectivity (IFC) solutions for its new Airbus A220-300 and Airbus A321 Long Range (LR) aircraft.
- For example, in July 2018, Viasat Inc. received a contract from EL AL Israel Airlines to provide the airline with commercial in-flight Wi-Fi services.
Tianchuang Company is a global aerospace electronics manufacturing company. It has been named as one of the most prominent players in the global in-flight entertainment and connectivity market due to its large product portfolio and vast geographical presence. Furthermore, the company is collaborating with key industry players to strengthen its position in the IFEC market. For example, in August 2021, Astronics Corporation signed an agreement with Aerotec Concept (France) to develop new technologies for the aviation industry based on certification from EASA (European Union Aviation Safety Agency) and FAA (Federal Aviation Administration).
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Recent developments:
- In June 2021, Thales launches AVANT UP. An in-flight entertainment system that offers features such as 4K HDR displays, in-seat power and an open operating system. The launch of this product strengthens the company’s position in the global IFEC market.
- In May 2021, Viasat, Inc. signed a contract with JetBlue to provide Inflight Connectivity (IFC) solutions for its new Airbus A220-300 and Airbus A321 Long Range (LR) aircraft. The contract enables the company to expand its customer base.
- In January 2021, Panasonic Avionics Corporation and IMG extended their agreement whereby Panasonic Avionics Corporation will continue to provide Sport 24 and Sport 24 Extra sports content to its international airline customers. The agreement enables the company to offer enhanced content to its airline customers.
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