2014-01-28 10:08:02 - Global Inflight Entertainment Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global In-flight Entertainment market is to grow at a CAGR of 6.65 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing number of aircraft orders. The Global In-flight Entertainment market has also been witnessing an increased number of new technologies and solutions. However, complying as per regulatory body norms could pose a challenge to the growth of this market.
With the increase in the demand for IFE connectivity, there is an increasing need for satellite communication in the Aerospace industry. Satellite communication is being highly improved in this industry with the help of new emerging technologies. There are plans to launch new generation high throughput satellite systems such as KA-SAT (Eutelsat)
and ViaSAT at a regional level and Inmarsat Global Xpress and Intelsat Epic at a global level, to improve satellite communication. These new technologies will provide enhanced capabilities for satellite communication as against traditional satellites. Airlines are increasingly using the technologies of Ku- and Ka-band, which come under the K-band of the microwave band, for air-to-ground communication, besides the mature L-band.
One of the major drivers is the increasing competition between airlines, due to which they are adopting new IFE products and services to differentiate themselves from others.
One of the major challenges in the market is the increasing regulator norms. Various regulatory bodies such as Federal Aviation Administration and European Aviation Safety Agency have laid down norms regarding the type of IFE services that can be provided on an aircraft. Hence, companies providing IFE services can only experiment with their IFE content and products within the given regulatory framework.
The key vendors dominating this space include Global Eagle Entertainment Inc., Panasonic Avionics Corp., Rockwell Collins Inc., and Thales SA. The other vendors mentioned are IFE services Ltd., Post Modern Group, Spafax Inc., and Stellar Entertainment.
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