China IFEC market is estimated to grow significantly at a CAGR of 12.0% during the forecast period. This is attributed to the enhanced air travel and technological advancement in flight connectivity and infotainment solutions in the country. The changing preferences of the passengers to travel via air are rapidly increasing. Air passengers are expected to increase in the near future and China is expected to be the world’s largest aviation market across the globe, according to IATA. For instance, in September 2019, China opened the Daxing International Airport, a mega-hub with world's biggest terminals. The fast-growing aviation market will increase the demand for aircraft manufacturers to manufacture advanced connectivity and infotainment solutions for the aviation industry.
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 China 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 China 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
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. China IFEC Market by Type
5.1.1. In-Flight Entertainment
5.1.2. In-Flight Connectivity
5.2. China IFEC Market by Class
5.2.1. First Class
5.2.2. Business Class
5.2.3. Economy Class
6. Company Profiles
6.1. Burrana
6.2. Envee Inflight Entertainment Co. Ltd
6.3. Honeywell International, Inc.
6.4. Global Eagle Entertainment, Inc.
6.5. Panasonic Aviation Corp.
6.6. Rockwell Collins Inc.
6.7. Safran S.A.
6.8. Thales Group
6.9. Viasat Inc.
6.10. Gogo Inc.
1. CHINA IFEC MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. CHINA IFEC MARKET RESEARCH AND ANALYSIS BY CLASS, 2018-2025 ($ MILLION)
1. CHINA IFEC MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. CHINA IFEC MARKET SHARE BY CLASS, 2018 VS 2025 (%)