Urology Surgical Market: Industry Research Report 2018-2025 Aircraft Communication System Market Report | Page 2

Aircraft Communication Publication Month: Feb 2018| No. of Pages: 148 | Report Code: System Market TIPTE100000793| Category: Aerospace and Defense Introduction: The aircraft communication systems market is estimated to grow at a CAGR of 9.4% during the forecast period from 2017 to 2025. The market was valued at US$ 7112.0 Mn and is calculated to reach US$ 15,375.1 Mn by 2025. Currently, the global aircraft communication system is witnessing a substantial growth, and is projected to rise in the coming years. The market for aircraft communication system is a highly fragmented market, with large to medium sized enterprises operating in the field. These established companies invest significant amount in their research and development wings in order to develop and manufacture technologically advanced communication systems for commercial aircrafts as well as military aircrafts. The aircraft manufacturers on the other hand, are procuring advanced technologies in order to equip their airplanes with the latest technology and meet the demand of control towers as well as customers. This factor is influencing the growth of market for aircraft communication system heavily. E-Mail : [email protected]