#Inflight Catering Market Trends
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Inflight Catering Market: Key Trends, Challenges, and Future Outlook
Market Overview
The Inflight Catering Market is estimated to be valued at USD 17.15 billion in 2024 and is projected to reach USD 25.87 billion by 2029, growing at a CAGR of 8.57% during the forecast period (2024-2029). The inflight catering market is a dynamic sector within the airline industry, driven by increasing passenger expectations, evolving dietary preferences, and technological innovations. As airlines compete to deliver superior passenger experiences, inflight catering has become a critical component of brand differentiation. This blog delves into the key trends, challenges, and future outlook of the inflight catering market.
Key Trends in the Inflight Catering Market
Health and Wellness Focus Travelers today are more health-conscious, seeking nutritious, organic, and dietary-specific meal options. Airlines are increasingly offering gluten-free, vegan, and low-calorie meals to cater to these preferences, aiming to enhance the inflight experience.
Sustainability Initiatives With growing environmental awareness, airlines are adopting eco-friendly practices in inflight catering. This includes using biodegradable packaging, sourcing locally produced ingredients, and implementing strategies to minimize food waste.
Technological Integration Technology is transforming inflight catering operations, from AI-driven meal planning to real-time inventory management. Pre-order meal systems allow passengers to choose their meals in advance, ensuring better satisfaction and reducing food waste.
Premium Dining Experiences First-class and business-class passengers are experiencing a shift toward luxury dining. Airlines are collaborating with renowned chefs to create gourmet inflight menus, enhancing the premium cabin experience with curated wine pairings and regionally inspired meals.
Challenges Facing the Inflight Catering Industry
Rising Costs and Supply Chain Disruptions The inflight catering industry faces mounting pressure from increasing ingredient costs and global supply chain disruptions. Sourcing fresh, high-quality ingredients at a competitive price can be difficult, leading to cost management challenges.
Post-Pandemic Hygiene Standards In the wake of COVID-19, airlines have had to implement strict hygiene measures in food preparation and handling. These changes, while necessary, have increased operational complexities and costs, particularly with the move toward pre-packaged meals and contactless services.
Balancing Efficiency with Customization Airlines are challenged to offer a diverse range of meal options while maintaining operational efficiency. Meeting individual dietary needs and preferences without compromising on cost or quality requires advanced planning and precise execution.
Future Outlook for the Inflight Catering Market
As air travel continues to recover, the inflight catering market is poised for steady growth. Airlines are expected to invest more in technology to optimize meal planning, reduce waste, and improve passenger satisfaction. The focus on sustainability will intensify, with more eco-friendly practices becoming industry standards. Furthermore, the growing demand for personalization will lead to innovative, tailored inflight dining experiences.
Conclusion
The inflight catering market is evolving rapidly, driven by changing consumer preferences, technological advancements, and the need for sustainable practices. While challenges such as rising costs and operational complexities exist, the future outlook remains positive. Airlines that embrace innovation and respond to the shifting demands of passengers will thrive in this competitive landscape, making inflight catering a key differentiator in the overall travel experience.
For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence: https://www.mordorintelligence.com/industry-reports/global-inflight-catering-market
#Inflight Catering Market#Inflight Catering Market Size#Inflight Catering Market Share#Inflight Catering Market Trends#Inflight Catering Market Analysis
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The Middle East Catering Services Market was valued at USD 2.7 Bn in 2021. Will Middle East continue to support Catering market players domestically and internationally in future? : Ken Research
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The Middle East catering market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the Middle East. Top players such as Shaqab, Zad, Amwaj, Qatar Caterers and Contractors in Middle East Catering Market hold major market share. The market is largely driven by rising demand for healthier fresh food and international cuisine and rising culture of on-site catering.
1.Incline towards healthy food and beverages is now a major trend among the masses in Middle East.
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The Middle East catering market is a diverse and rapidly evolving industry, with several trends shaping its growth and development. One of the most significant trends in the Middle East catering market is the increasing demand for healthy and sustainable food options.
As people in the Middle East become more health-conscious, there has been a growing preference for fresh and healthy foods that are made with locally sourced, organic ingredients. Caterers are responding to this trend by incorporating more fresh fruits and vegetables, whole grains, and lean proteins into their menus.
2.Middle East Inflight Catering Market Trends
Currently, full-service carriers are dominating the inflight catering market, and though their market growth rate is lower than that of low-cost carriers, they are expected to continue dominating the market. On account of the rising competition and the lower operating costs, due to the reduction in oil prices, full-service airlines have been rapidly upgrading their inflight catering, along with aircraft interior and services. This has freed up a lot of liquidity with the carriers. There are many FSCs in the Middle East that are known for providing the best passenger amenities. They are Qatar Airways, Singapore Airlines, ANA All Nippon Airways, Cathay among others. Few airlines have started providing customized menus and onboard chefs to better serve the business and first-class passengers. The growing full-service carrier routes and new partnerships of the airlines with local restaurants in these regions are the major factors that are likely to support the growth of the segment during the forecast period.
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Market Taxonomy
By Services Type
Contractual
Non-Contractual
By End-Users
Healthcare
Corporates
Education
Hospitality
Industrial
In-flight
Others
By Region
Bahrain
Kuwait
Oman
Qatar
Saudi Arabia
United Arab Emirates
Yemen
By Basis of Applications
Wedding Catering
Corporate Catering
Social Events Catering
Others
Key Target Audience
Airline Catering Companies
Fine Dining Caterers
School Caterers
Hotels
Industrial Caterers
Government Bodies
Facility Management Companies
Industries
Schools
Hospitals
Time Period Captured in the Report:
Historical Year:Â 2017-2022
Base Year:Â 2022
Forecast Period: 2022– 2027
Major Players Mentioned in the Report:
Qatar Aircraft Catering Company (QACC)
Integral Food Services
Shaqab
Qatar Star Services
Yemek Doha
Sodexo Teyseer
Newrest Gulf
Tamimi Group
Compass Group
PDC Tamween
Zad Catering Services
Amwaj
Crompton Catering
Food Services Company
For More Insights On Market Intelligence, Refer to the Link Below: –
Middle East Catering Market Outlook to 2027
Related Reports by Ken Research:
 Global Catering and Food Service Contractor Market 2019 by Company, Regions, Type and Application, Forecast to 2024
India Catering Services Market Outlook to 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering
Australia Catering Services Market Outlook To 2027F By Event Catering, Industrial, Education, Flight, Healthcare, Corporate, and Other Catering
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In Flight Catering Market to See Huge Growth by 2027 | Dnata, Cathay Pacific, Newrest Group Services, LSG Sky Chefs
Advance Market Analytics published a new research publication on “Global In Flight Catering Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the In Flight Catering market was mainly driven by the increasing R&D spending across the world.
Major players profiled in the study are:
Gategroup Holding (Switzerland), LSG Sky Chefs (Lufthansa) (Germany), Dnata (United Arab Emirates), SATS Ltd (Singapore), Emirates Flight Catering (United Arab Emirates), Do & Co (Austria), Cathay Pacific (Hong Kong), Saudi Airlines Catering (Saudi Arabia), Newrest Group Services SAS (France) and Servair (France)
Get Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/199165-global-in-flight-catering—market#utm_source=DigitalJournalVinay
Scope of the Report of In Flight Catering
A service offered by businesses to customers during air travel is in-flight catering, sometimes known as airline catering. A crucial aspect of the airline industry is in-flight catering, particularly for network carriers that provide long-distance service. As part of the in-flight catering service, meal design and planning are crucial steps. Catering operation and planning are crucial, according to the International Air Transportation Association (IATA). Given the impact of macro developments like the expanding urban sprawl and globalisation as well as micro ones like rising passenger expectations for upscale meals on board, the in-flight catering services market has been undergoing continual transformation. A growth in long-haul and non-stop flights, mostly as a result of an increase in both leisure and business travel, has increased passenger demand for on-board culinary services. In order to differentiate themselves from the competition and improve the overall travel experience for passengers, airlines all over the world are setting fair price ranges for meals served on board.
In March 2022 Flight Delight Air Catering GmbH, a subsidiary of the Käfer, announced the acquisition of the German catering business of gategroup with regard to both antitrust and merger control law. and Under certain conditions, the European Commission permitted gategroup to acquire LSG Sky Chefs’ European operations. Among other things, gategroup had to find a suitable opponent to buy its current inflight food operation at German airports. The European Commission granted a few exceptions to the divestiture rules that looked to be required due to the severe effects of the COVID-19 pandemic on inflight catering enterprises, and this allowed the Transaction to be completed. The pandemic crisis’ unique circumstances made it extremely difficult to carry with the divestiture responsibilities.
In March 2022 Newrest had announced partnership with easyJet. With the inclusion of two new nations—Switzerland and Germany—this connection with the Londoner airline is renewed and strengthened. In Basel/Mulhouse and Berlin, Newrest is dedicated to developing new entities. Catering services have been added to Barcelona, Nantes, Geneva, Malaga, and Porto, having already been implemented in six other nations. Innovation serves as the foundation of the new contract. It still adheres to the goal of ensuring an impeccable onboard experience across all of Europe.
The Global In Flight Catering Market segments and Market Data Break Down are illuminated below:
by Airline Class (Economy, Premium Economy, Business, First), Catering Type (Meal, • Vegetarian, • Kosher, • Halal, • Vegan, • Others, Bakery & Confectionery, Soft Drinks, Wine and Alcohol, Snack Packs, Others)
Market Opportunities:
Increasing Air Traffic in Asia Pacific Region
Development in the Airline Industry in Middle East Region
Market Drivers:
Rise in Automation and Proliferation of In Flight Catering Management
Increase in Number of Long-Haul and Non-Stop Flights due to the Upsurge in Leisure as well as Business Tourism
What can be explored with the In Flight Catering Market Study?
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global In Flight Catering Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in In Flight Catering
Understand the Competitive Scenarios
Track Right Markets
Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Have Any Questions Regarding Global In Flight Catering Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/199165-global-in-flight-catering—market#utm_source=DigitalJournalVinay
Strategic Points Covered in Table of Content of Global In Flight Catering Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the In Flight Catering market
Chapter 2: Exclusive Summary – the basic information of the In Flight Catering Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the In Flight Catering
Chapter 4: Presenting the In Flight Catering Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021
Chapter 6: Evaluating the leading manufacturers of the In Flight Catering market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, In Flight Catering Market is a valuable source of guidance for individuals and companies.
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#In Flight Catering market analysis#In Flight Catering Market forecast#In Flight Catering Market growth#In Flight Catering Market Opportunity#In Flight Catering Market share#In Flight Catering Market trends
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Inflight Catering Market - Global Industry with Overall Analysis, Demand and upcoming Trends Forecast to 2023
Inflight Catering Market – Global Industry with Overall Analysis, Demand and upcoming Trends Forecast to 2023
3 October 2019 – The Global Inflight Catering Marketestimated to develop by a substantial CAGR for the duration of the prediction. The service of airline or inflight catering is a facility delivered by the air companies for the duration of air travel and on the airdromes. Food supplying turn into an actual critical portion of the business, particularly for grid transporters serving extended…
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#Inflight Catering Market Analysis#Inflight Catering Market Growth#Inflight Catering Market Report#Inflight Catering Market Segment#Inflight Catering Market Trend#Inflight Catering Market Type
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In-flight Catering Service Market Size | Share | Trends | Growth | Scope | Outlook | Opportunities | Forecast 2022 Analysis by 2025
In-flight Catering Service Market Size | Share | Trends | Growth | Scope | Outlook | Opportunities | Forecast 2022 Analysis by 2025
Growing demands for enhanced inflight experience from passengers to provide growth opportunities for in-flight catering service market during 2018–2025. According to our latest market study on “In-flight Catering Service Market Forecast to 2025 – Global Analysis – by Catering Service, Catering Types, Aircraft Class, and Flight Type,” the market is expected to grow from 17.96 billion in 2017 to…
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#In-flight Catering Service Market#In-flight Catering Service Market Growth#In-flight Catering Service Market Share#In-flight Catering Service Market Size
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Market Intellix Provide Report on Global Inflight Catering MarketÂ
Our Research Report on Global Inflight Catering Market by Player report gives an exceptional and presentable analysis of the market size, patterns, division, and lookout in the production. It highlights this business vertical by talking about the key growth trends, challenges and restraints, and other opportunities.
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Global Inflight Concierge Service Market Profiles of International Player's Product and Application
The Global Inflight Concierge Service Market report provides in-depth data and analysis results and knowledge regarding drivers, restraints, opportunities, and trends validated by a group of specialists with correct knowledge of the actual trade and Inflight Concierge Service market as well as region-wise analysis expertise.
It is based on historical data and current Keyword market requirements. Include distinct Inflight Concierge Service business approaches that are accepted by decision-makers.
This report estimates the market for Inflight Concierge Service using CAGR (Compound Annual Growth Rate). Considering various orders, also including things, their applications, unique producers, esteem build industry, It shows various Portable, sub-sections, and Others of the global Inflight Concierge Service market. The report covers the most appealing elements of the general Inflight Concierge Service market, such as the best profit, evaluation, a general business procedure, guidelines, information, supply, and demand. This allows for a thorough understanding of the market's state.
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In a part, insightful configuration comprehensive of measurements and graphical description, the Inflight Concierge Service report clarifies the present market elements and the particular factors likely to influence the global Inflight Concierge Service market over the opinion time frame. The examination attracts an understanding of proper knowledge data and how the market has performed in a previous couple of years to pick up the present demography.
Top Leading Companies are Included in Inflight Concierge Service Market:
Executive Air, First Class Caterers, Paramount Business Jets, Orange Jets, Charter Jet One, WEXJET, Four Seasons, Universal Weather and Aviation, Private Jet Concierge Services, Worldways, Culinary jet, Gourmet Airfare Detroit, Executive Aviation Malta, Air Canada, ProhĂas, KLM Aviation, DHT Aviation, Symphony, Carlos Aviation Catering, Funtonics, NexAir, Sky Food Airline Catering, Spyeye Express Jet Services, Macair, Airgourmet, Par-Avion, Dynamic Jet Charter, Stratos Jet, On Air Dining, Sky Inflight Catering, VIP JETS, Abby's Aircraft Catering, Trans-Exec, Absolute Taste, Aero, Republic Jet Centre, Silverline Concierge, Priority One Jets, Sterling Aviation, Delifly, Airplate, BYOjet
The report makes some important definitions for a new challenge of Inflight Concierge Service Market Industry earlier than evaluating its value. Overall, the record presents an in-depth perception of 2022-2030. Global Inflight Concierge Service Market change covering all essential frameworks.
The report makes use of SWOT evaluation for the increased estimate of the notable Inflight Concierge Service Market players. It additionally analyses Global Inflight Concierge Service Market fashion the latest enhancements whilst estimating the growth of the principal Inflight Concierge Service A Market players. Its precious facts such as product revenue segmentation, and a business file of the awesome players in the Market.
Inflight Concierge Service Market: essential Product Type:
Catering Service Entertainment Service Nursing Service Others
Inflight Concierge Service Market: essential Applications:
Commercial Plane Private Plane Others
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What are the market factors that are described in the report?
Key Strategic Developments: The research additionally consists of the key strategic traits of the market, consisting of R&D, new product launch, M&A, agreements, collaborations, partnerships, shared ventures, and regional growth of the main opponents succeeding in the market on a global and regional scale.
Key Market Features: The record evaluated key market features, such as revenue, price, capacity, capacity utilization rate, gross, production, manufacturing rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the learn about offers a complete study of the key market dynamics and their contemporary trends, along with applicable market segments and sub-segments.
Analytical Tools: The Global Inflight Concierge Service Market file includes the accurately studied and assessed records of the key industry players and their scope in the market by means of the ability of a range of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and funding return evaluation have been used to analyze the increase of the key players working in the market.
Key Advantages of Keyword Market Reports:
What is the global Inflight Concierge Service value of the industry's sales, production, consumption, import, and export?
Who are the world's leading manufacturers in the Keyword industry? What is their current operational situation?
What are the  Inflight Concierge Service market opportunities and threats that vendors in the Industry face?
Which application/end-user or product type may be looking for incremental growth opportunities?
What specific approach and constraints are keeping the market afloat?
What are the various industry sales, marketing, and distribution channels?
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Aerospace Avionics Market Is Likely to Experience a Tremendous Growth in Near Future
The global aerospace avionics market is predicted to witness a remarkable growth, demonstrating a CAGR of 9.26% and likely to reach an estimated value of USD 75.81bn by 2027 as against its valuation of USD 48.0bn in 2019
Growing concerns over national security is compelling the governments to increase their military expenditure, adding to more fighter aircraft for combat operations.
Researchmoz illustrates the global aerospace avionics market, which includes market size, drivers, restraints, trends, opportunities, regional topography, and competitive edge.
Next-Generation Technologies Surge Growth Opportunities
The ever-booming technologies have been one of the primary factors for the avionics market to skyrocket by providing the best experience to its customers and vicariously serving passengers in the case of commercial aircraft.
Heavy expenditure on research and development is paving the way for next-generation technologies such as electric hybrid aircraft, open mission systems and neural sensing, etc. which can bring out a transformational shift in commercial and military avionics.
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Commercial Aircrafts Enriches Aerospace Avionics
Increasing demand for upgrading commercial flights and strengthening the fleet by adding more aircraft is stimulated the growth in the global aerospace avionics market.
Growing governments support to promote tourism is also leading to higher demand for commercial aviation, thus resulting in demand for avionics. The governments are bringing in travel and tourism policies to invite more tourists to their countries, thus increasing passenger traffic and flights and expanding the growth possibilities for the aerospace avionics market.
Maintenance of avionics and timely upgradation involves a lot of costs, which could act as a restraint in the global aerospace avionics market in the forecast period.
That said, the software systems of avionics will allow the aerospace avionics market to flourish in the coming years.
Analyst’s View
According to analysts, the increasing demand from commercial aviation to cater to passenger traffic from all over the world would proliferate the global aerospace avionics market in the future.
Commercial aviation uses navigation systems, communication systems, surveillance systems, flight management systems, etc., thus pushing the aerospace avionics market to swell up.
The demand from military aviation for fighter aircraft, jets, UAVs, etc. will also add to the growth opportunities of the aerospace avionics market in the next few years.
These are the key players in the aerospace avionics market
Safran (France)
Honeywell (US)
Esterline Technologies (US)
Thales Group (France)
Curtiss-Wright (US)
United Technologies Corporation (Collins Aerospace) (US)
Nucon Aerospace (India)
Cobham PLC (U.K)
uAvionics Corporation (US)
Garmin Ltd (US)
Meggit (U.K)
CCX Technologies (Canada)
System Outlook
Hardware
Flight Management Systems
Communication Systems
Navigation Systems
Surveillance Systems
Electrical Systems
Emergency Systems
Mission & Tactical Systems
Inflight Entertainment Systems
Health Monitoring Systems
Collision Avoidance Systems
Weather Systems
Software
Safety-critical Airborne Software
Mission Flight Management Software
Flight Management Software
Aircraft Health Diagnostic Software
Training & Simulation Software
Others (avoidance re-routers and flight situational awareness solutions)
Platform Outlook
Commercial Aviation
Military Aviation
Business Jets & General Aviation
Helicopters
End-User Outlook
OEM
Aftermarket
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Key Takeaways
The comprehensive report by Researchmoz provides all the information, and data-based facts pertaining to all the aspects of the aerospace avionics market. Let’s now look into the key takeaways of the report:
The global aerospace avionics market will witness an estimated value of USD 75.81bn by 2027, exhibiting a growth of CAGR of 9.26% during the forecast period 2019 to 2027.
Growing military expenditure from the governments will add more fighter jets for combat operations, leading to the expansion of the global aerospace avionics market during the forecast period.
Software systems will foresee a high demand in the aerospace avionics market.
North America will lead the global aerospace avionics market due to growing military spending and demand for commercial fleet expansion.
OEMs will thrive due to an increase in the manufacturing of military aircraft in the forecast years.
Next-generation technologies will lead to staggering growth in the aerospace avionics market over the forecast years.
Download Report PDF: Aerospace Avionics Market
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Inflight food is the food served to passengers on board a commercial airliner. Specialist airline catering services prepare these meals and usually serve them to passengers using an airline service trolley.
Browse complete “Inflight Catering Market” report with TOC @ https://www.strategymrc.com/report/inflight-catering-market
Asia Pacific is projected to have the highest CAGR over the forecast period owing to population growth, economic growth, and the present level of efficient in-flight catering service technology helping increase profitability.
Some of the key players profiled in the Inflight Catering Market include Universal Weather and Aviation Inc., The Emirates Group, Saudia (Saudi Arabian Airlines), DO & CO Aktiengesellschaf, Newrest Group Services SAS, LSG Sky Chefs, KLM Catering Services, Journey Group Plc., IGS Ground Services, HNA Group Co. Ltd., Gategroup, Flying Food Group, Deutsche Lufthansa AG, Cathay Pacific Catering Services Ltd, and SATS Ltd.Â
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Flight Tracking System Market Analysis, Growth by Top Companies, Trends by Application, Forecast 2016 – 2026
In a new report titled “Flight Tracking System Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” the expert analysts at Future Market Insights have observed that the Standards and Recommended Practices mandate establishes that aircraft are to be tracked at a time interval of 15 minutes whenever air traffic services obtain an aircraft’s position information at greater than 15-minute intervals for aeroplanes with a seating capacity greater than 19. Some of the modern aircraft are already equipped with the technology, while some of them require equipment up gradation, like software installation and equipment configuration as per the satellite provider. The estimated market size includes such costs and excludes the overall cost of equipment under such eccentrics. The report further highlights that for each of the above systems, the components installed in aircraft are only assessed during market estimation and forecast of the global flight tracking system market. The market size will only include the equipment or software cost and let off the installation cost and service cost.
Portable aircraft tracking systems, as well as other technologies and data that can be repurposed to facilitate aircraft tracking, are assessed across each aircraft types used for general aviation, civil aviation and military purposes. Portable flight tracking equipment not complying with government regulations and used for inflight tracking is also taken into consideration during market estimation. Pricing information collected through various primary and secondary sources is used in a weighted average model to arrive at the market size (in US$ Mn). Weighted average model is primarily based on each system type across each aircraft.
Production and sales of aircraft for general and civil aviation and military purposes has been tracked and assessed across various regions and countries
While collecting data to estimate the market value of the global flight tracking system market, we found that the mandate for real-time flight tracking is expected to get operational in 2018. However, normal tracking is already in place through several other systems fitted in the aircraft such as ADS-B (Automatic Dependent Surveillance Broadcast), FANS (Future Air Navigation System), Radar-based System and other portable flight tracking equipment. Based on the service (aircraft tracking, weather information, communication) catered to by each of the systems, penetration of these systems is assessed across the aircraft in each country.
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Average prices (US$/Unit) based on the components installed in the aircraft have been estimated through company brochures, quotations and interviews with industry experts
Necessary equipage of ADS-B, FANS systems in the U.S. and Europe is tracked through the data published on several government resources such as the U.S. Department of Transportation, International Civil Aviation Organization and General Aviation Manufacturers Association
Global flight tracking system market: Segmentation
By System
ADS-B
FANS
PFTS
By End Use
General Aviation
Civil Aviation
Military Aircraft
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Our unique research assumptions
The system components installed in aircraft are considered during market sizing. System components installed at ground stations, ATC (Air Traffic Control units), and VHF (Very High Frequency) stations are not considered. Services offered by third parties for aircraft tracking are not considered during market valuation. The global flight tracking system market estimation for new aircraft is based on the production of aircraft across different regions as most of the newly produced aircraft are already equipped with such systems. Most of the aircraft flying in oceanic or remote areas are already equipped with the hardware needed for tracking and hence these have been excluded during market estimation. These aircraft only need to be configured in order to obtain necessary aircraft information.
Our proven and tested research methodology
Yearly change in inflation rate has not been considered while forecasting market numbers. Top-down approach has been used to assess market numbers for each category. Bottom-up approach has been used to counter-validate the reached market numbers. Macroeconomic indicators such as GDP, wholesale and retail trade, merchandise trade and prices have been considered to arrive at the indicated market numbers. Economic fluctuations have not been considered while forecasting market numbers. While estimating the market size, we have considered the product portfolio of the companies profiled, along with some other players.
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