5G in Aviation Market Outlook, Industry Demand and Supply, Key Prospects, Future Growth by 2027

The global 5G in aviation market size is expected to reach USD 9.98 Billion at a steady CAGR of 54.3% in 2028, according to latest analysis by Emergen Research. Market revenue growth is driven to a significant extent by increasing demand for faster Internet speeds and surge in usage of smart devices. Rising focus on newer technologies such as 5G, Wi-Fi 6, and Artificial Intelligence (AI) to boost efficiency and improve passenger experience in air travel are other key factors expected to drive market revenue growth going ahead.

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Competitive Landscape:

The research report offers key insights into the leading market players’ strengths and weaknesses, assessed using Porter’s Five Forces and SWOT analyses. The report includes 5G in Aviation market segmentation based on product type, application spectrum, and key regions. The investigative study estimates the market size, market share, and revenue generation over the forecast timeframe. The key players profiled in the report include:

Key players in the market include Nokia Corporation, Panasonic Avionics Corporation, Huawei, Cisco Systems, Global Eagle Entertainment, Aeromobile Communications, Intelsat, Ericsson, ONEWEB, and Smartsky Networks.

Some Key Highlights from the Report

· In February 2020, Nokia deployed 5G private wireless network for virtual inspection trial for Lufthansa Technik, which is a global provider of technical aircraft services. The hyper fast 5G network will eliminate the need for customers to physically attend servicing by allowing seamless video access to the engine overhaul shop floor. This application leverages the usage of fast secure 5G private wireless networking to help improve productivity, operational efficiency, and service.

· Small cells make use of short-range, low power wireless transmission systems that cover small proximity areas. Small cells have the ability to handle high data rates for mobile and broadband consumers, for IoT, and high densities of low-power & low-speed devices. This feature makes it ideal for 5G rollout that ensures ultra-speed and latencies in millisecond range.

· North America accounted for largest revenue share in 2020 due to increasing investment in R&D of 5G technology and rapid deployment of 5G networks network across countries in the region. Increase in demand for air travel, connected airports, and aircraft is further driving growth of the North America 5G in aviation market.

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

· Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)

o Small Cells

o Distributed Antenna Systems (DAS)

· Technology Outlook (Revenue, USD Billion; 2018–2028)

o Enhanced Mobile Broadband (eMBB)

o Massive Machine Type Communications (MMTC)

o Ultra-Reliable Low-Latency Communications (URLLC)

o Fixed Wireless Access (FWA)

· End-use Outlook (Revenue, USD Billion; 2018–2028)

o 5G Infrastructure for Airport

1. Healthcare Air Traffic Control/Air Traffic Management

2. Agriculture Passenger, Cargo & Baggage

3. Automotive Demand for 5G Infrastructure for Airport

4. Retail Communication & Security

5. Smart Connected Airports

o 5G Infrastructure for Aircraft

1. Drone Operations

2. Flight Operations

3. Connected Aircrafts

Regional Analysis:

The global 5G in Aviation market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the 5G in Aviation industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.

Major Geographies Encompassed in the Report:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Objectives of the Global 5G in Aviation Market Study:

· An in-depth study of the evolving market sectors and the growth & penetration status of the global 5G in Aviation market

· COVID-19 Impact Analysis to highlight the major opportunities and challenges

· Strategic recommendations to help readers formulate lucrative business strategies

· Identification of the emerging players and their tactical approaches to expand market presence

· An extensive study of the product portfolios of the major market players and their regional presence

· A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures

Table of Content:

Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028 Chapter 3. Key Insights Chapter 4. 5G in Aviation Market Segmentation & Impact Analysis 4.1. 5G in Aviation Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Need for fast internet connectivity in aviation 4.2.2.2. Increasing demand for a better flight experience 4.2.3. Market restraints analysis 4.2.3.1. Huge investment involved in developing 5G infrastructure 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis

Chapter 5. 5G in Aviation Market By Communication Infrastructure Insights & Trends, Revenue (USD Billion) 5.1. Communication Infrastructure Dynamics & Market Share, 2021 & 2028 5.1.1. Small Cells 5.1.2. Distributed Antenna Systems (DAS)

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