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.
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