Global IFEC Technologies Market to Reach USD 2.02 Billion in 2013, Expects Visiongain
26 Mar 2013 • by Natalie Aster
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. The value of the global in-flight entertainment and communications (IFEC) technologies Market in 2013 will reach $2.02bn, according to the report “Global In-Flight Entertainment & Communications (IFEC) Technologies Market 2013-2023” by Visiongain.
The report says that most of the activity in this IFEC market centres on in-seat installation rather than at the front of the cabin. The embedded hardware submarket will continue to account for the majority of sales during the forecast as it is the preferred choice for airlines. However what will really drive growth in the IFEC technologies market is the connectivity submarket. This is because more and more passengers are bringing PEDs on board aircraft and enquiring about its connectivity. Restrictions that prevent usage during takeoff and landing and existing connectivity capabilities mean that the submarket is still at a developmental stage.
Global In-Flight Entertainment & Communications (IFEC) Technologies Market 2013-2023
Published: March, 2013
Price: US$ 2,738.00
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.
Visiongain consulted widely with industry experts and full transcripts from these exclusive interviews with digEcor and with The Smart Tray International are included in the report. As such, its reports have a unique blend of primary and secondary sources providing informed analysis. This methodology allows insight into the key drivers and restraints behind market dynamics and competitive developments, as well as identifying the technological issues. The report therefore presents an ideal balance of qualitative analysis combined with extensive quantitative data including global, submarket and regional markets forecasts from 2013-2023 - all identifying strategic business opportunities.
More information can be found in the report “Global In-Flight Entertainment & Communications (IFEC) Technologies Market 2013-2023” by Visiongain.
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