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In-Flight Entertainment Market is Forecast to Reach US$ 3.2 Billion in 2028, Says Stratview Research.
https://www.stratviewresearch.com/Request-Sample/3063/in-flight-entertainment-market.html#form
The market is segmented based on , connection type, W-IFE connectivity type, fitment type, and .
The aircraft in-flight entertainment market is segmented into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets. , owing to the increasing penetration of seatback IFE in narrow-body aircraft and an expected healthy recovery of the segment. Increasing demand for narrow-body aircraft installed with IFE systems for long-haul flights, as well as the expected introduction of COMAC 919, and A321XLR programs, are also likely to fuel good growth opportunities in the narrow-body aircraft segment over the next five years.
The market is bifurcated into seatback IFE, overhead IFE, fixed IFE, and portable IFE. during the forecast period. The majority of seatback IFE systems are connected through wires, providing a convenient way for the seatback screens to remain connected with minimal visible wiring and installations.
The market is classified as wired and wireless. during the forecast period. Despite a drop of 19+% in the total installation of W-IFE in 2020, compared to 2019, the installation of IFE systems has still managed to grow.
-The market is segmented into internet-enabled and non-internet-enabled. , owing to passengers' increasing need/demand for in-flight Wi-Fi connectivity for their engagement during flight. Airlines' perception of unconnected offerings has shifted to a more cost-effective approach, with a focus on passenger engagement and a better in-flight experience to reclaim passengers following the COVID crisis.
The market is segmented into retrofit and line fit. during the forecast period. IFE is strongly influenced by the airline's offering, geographical area, cost, and passenger demand. As a result, airlines always can modify and retrofit their fleet with IFE as needed. Thus, retrofitting has amassed a sizable market share of the IFE market. However, this is expected to change gradually by the end of this decade,
The market is segmented into IFE systems (pre-fed boxes, etc.), display units, servers, and wireless access points (WAPs). during the forecast period. Display units are required to enjoy visual content provided by airlines such as movies, and video games, and premium content, such as Netflix and live matches. Airlines commonly offer seatback display screens to provide individual luxury to passengers to access content according to their tastes and preference.
https://www.stratviewresearch.com/Request-Sample/3063/in-flight-entertainment-market.html#form
The report suggests that during the forecast period.
This growth is majorly attributed to the following –
- North America is a highly connected region (with 50+% penetration) in 2022 and is expected to remain dominant by the end of the decade.
- The region has the presence of the IFE giant, Panasonic Avionics Corporation, which is the sole company to supply IFE systems to all of the top airlines around the globe with a total of 15,000+ commercial aircraft to date.
, driven by an expected rise in air passenger traffic and RPK; increasing acceptance of IFE in
China and other developing countries, and the introduction of new aircraft programs such as C919.
Some of the key drivers listed in the report are given below.
- Technological advancements, such as the development of integrated seats with IFE, and electronically steered antennas.
- The growing acceptance of connected aircraft and the expansion of Satcom providers in emerging economies such as China .
- The expected ramp-up in production rates of key aircraft programs paired with increasing penetration of IFE in the global aircraft fleet.
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Panasonic and Thales alone contribute 70+% share in the IFE market. These players are the top IFE providers to almost all airlines across the globe. The
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