European IFEC market is estimated to grow significantly at a CAGR of 8.2% during the forecast period. The major factor for the growth of the market includes the rising aviation market of the region, increasing the need for internet connectivity in airplanes due to the rising trend of BYOD devices, technological advancement and so on. The various manufacturing plants of the commercial airplane in the region including Airbus SE is catering to significant B2B demand of the market. The Netherlands, UK, Germany, Spain, Italy, and France are the major countries contributing to market growth as these countries are among the leading aviation market in the region. As per the World Bank, air passengers traveled in the European Union increased from 616 million in 2014 to 802 million in 2018. In the European Union, the overall growth of around 30% has been witnessed in the air passenger travel in the period of 2014-2018.
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 European IFEC market include AirFi.aero, BAE Systems PLC, Cobham PLC, Deutsche Telekom AG, Eutelsat S.A., Marlink SAS, Inmarsat PLC, 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 European 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. European IFEC Market by Type
5.1.1. In-Flight Entertainment
5.1.2. In-Flight Connectivity
5.2. European IFEC Market by Class
5.2.1. First Class
5.2.2. Business Class
5.2.3. Economy Class
6. Regional Analysis
6.1. UK
6.2. Germany
6.3. France
6.4. Italy
6.5. Spain
6.6. Rest of Europe
7. Company Profiles
7.1. AirFi.aero
7.2. BAE Systems PLC
7.3. Cobham PLC
7.4. Deutsche Telekom AG
7.5. Eutelsat S.A.
7.6. Marlink SAS
7.7. Inmarsat PLC
7.8. Lufthansa Systems GmbH & Co. KG
7.9. Safran S.A.
7.10. Thales Group
1. EUROPEAN IFEC MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
2. EUROPEAN IFEC MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
3. EUROPEAN IFEC MARKET RESEARCH AND ANALYSIS BY CLASS, 2018-2025 ($ MILLION)
1. EUROPEAN IFEC MARKET SHARE BY COUNTRY, 2018 VS 2025 (%)
2. EUROPEAN IFEC MARKET SHARE BY TYPE, 2018 VS 2025 (%)
3. EUROPEAN IFEC MARKET SHARE BY CLASS, 2018 VS 2025 (%)
4. UK IFEC MARKET SIZE, 2018-2025 ($ MILLION)
5. GERMANY IFEC MARKET SIZE, 2018-2025 ($ MILLION)
6. FRANCE IFEC MARKET SIZE, 2018-2025 ($ MILLION)
7. ITALY IFEC MARKET SIZE, 2018-2025 ($ MILLION)
8. SPAIN IFEC MARKET SIZE, 2018-2025 ($ MILLION)
9. ROE IFEC MARKET SIZE, 2018-2025 ($ MILLION)