Asia-Pacific IFEC market is estimated to grow significantly at a CAGR of 10.6% during the forecast period. The growth is mainly attributed to the growing aerospace industry in the region, which is primarily involved in the development of innovative infotainment and connectivity technologies in the region. Further, the increase in the aviation industry leads to an increase in the number of airports which in turn demands more infotainment and connectivity solutions in the aviation industry. According to the International Air Transport Association (IATA), China is expected to replace the US as the world’s largest aviation market in 2024. Whereas, India is projected to take over UK for third place in 2025, while Indonesia and Japan will be ranked 5th and 7th respectively. Additionally, it is estimated that for air travel, approximately 817 million new passengers will be added to account for a total of 1.3 billion in 2035 in China. Whereas, 322 million new additional passengers will surplus to account a total of 442 million in India, which directly contributes to the Asia-Pacific IFEC market growth.
The market is segmented on the basis of type, and class. Based on type, the market is segregated into in-flight entertainment and in-flight connectivity. The in-flight entertainment segment is anticipated to hold considerable market share during the forecast period. The growth of the in-flight entertainment segment is attributed to the surge in demand for continuous entertainment, such as video streaming, by the passengers onboard. The in-flight connectivity segment is driven by the increasing use of smartphones and the rising trend of connectivity solutions in airlines among others. Based on class, the market is segmented into first class, business class, and economy class. These are classified on the basis of different characteristics that include the cost of travel, available amenities, and ambience. In terms of market share, the business class segment is anticipated to hold a considerable share in the in-flight entertainment and connectivity market.
The companies which are contributing to the growth of the Asia-Pacific IFEC market include Burrana, Envee Inflight Entertainment Co. Ltd, Honeywell International, Inc., Global Eagle Entertainment, Inc., Panasonic Aviation Corp., Rockwell Collins Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Research Methodology
The market study of the Asia-Pacific IFEC market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report is intended for IFEC market players, potential entrants and airline companies for the overall market and competitive analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Asia-Pacific IFEC Market by Type
5.1.1. In-Flight Entertainment
5.1.2. In-Flight Connectivity
5.2. Asia-Pacific IFEC Market by Class
5.2.1. First Class
5.2.2. Business Class
5.2.3. Economy Class
6. Regional Analysis
6.1. China
6.2. Japan
6.3. India
6.4. Rest of Asia-Pacific
7. Company Profiles
7.1. Burrana
7.2. Envee Inflight Entertainment Co. Ltd
7.3. Honeywell International, Inc.
7.4. Global Eagle Entertainment, Inc.
7.5. Panasonic Aviation Corp.
7.6. Rockwell Collins Inc.
7.7. Safran S.A.
7.8. Thales Group
7.9. Viasat Inc.
7.10. Gogo Inc.
1. ASIA-PACIFIC IFEC MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
2. ASIA-PACIFIC IFEC MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
3. ASIA-PACIFIC IFEC MARKET RESEARCH AND ANALYSIS BY CLASS, 2018-2025 ($ MILLION)
1. ASIA-PACIFIC IFEC MARKET SHARE BY COUNTRY, 2018 VS 2025 (%)
2. ASIA-PACIFIC IFEC MARKET SHARE BY TYPE, 2018 VS 2025 (%)
3. ASIA-PACIFIC IFEC MARKET SHARE BY CLASS, 2018 VS 2025 (%)
4. CHINA IFEC MARKET SIZE, 2018-2025 ($ MILLION)
5. JAPAN IFEC MARKET SIZE, 2018-2025 ($ MILLION)
6. INDIA IFEC MARKET SIZE, 2018-2025 ($ MILLION)
7. REST OF ASIA-PACIFIC IFEC MARKET SIZE, 2018-2025 ($ MILLION)