Today: February 9, 2016, 12:24 am
  
Finance

Global in-flight entertainment technologies market: $2 billion industry in 2013

companiesandmarkets.com
companiesandmarkets.com
Global In-Flight Entertainment & Communications (IFEC) Technologies Market 2013-2023 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-06 03:49:02
The value of the global In-Flight Entertainment and Communications (IFEC) Technologies Market in 2013 will reach $2.02bn. At a time when many airlines are struggling financially, the market for in-flight entertainment and communications (IFEC) technologies is seeing a substantial level of activity as airlines compete to differentiate themselves. Larger legacy airlines continue to place orders for the latest IFEC systems which are increasingly being designed to maximise the passenger experience especially on long haul.

Most of the activity in this IFEC market centres on in-seat installation rather than at the front of the cabin. The embedded hardware submarket will continue to account for the majority of sales during the forecast as it is the preferred choice for airlines. However what will really drive growth in the IFEC technologies market is the connectivity submarket. This is because more and more passengers are bringing PEDs on board aircraft and enquiring about its connectivity. Restrictions that prevent usage during take off and landing and existing connectivity capabilities mean that the submarket is still at a developmental stage.

But with plans in place by satellite providers to increase speeds and capacity by upgrading existing systems by launching new telecommunications systems, and with recent research suggesting little or no effect on cockpit avionics, these concerns will begin to diminish. In terms of regional markets, visiongain expects that the vast majority of sales will come from developing markets where there is the most demand for twin-aisle aircraft. Whilst North America and Europe will loose some market share due to a reduction in sales, most production activity will remain there and mean that these regional markets sustain moderate growth.

Click for report details: www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Market Research Reports www.companiesandmarkets.com/Market/Information-Technology/Market ..

Browse all Information Technology Company Profile Reports www.companiesandmarkets.com/Market/Information-Technology/Compan ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 478 Words
Related Articles
 
More From Finance
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Credit-Yogi.com Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.