5G in Aviation Market 2021: Analysis by Product Types & Applications; Industry Top Players, Regions & Market Overview
The global 5G in aviation market size is expected to reach USD 9.98 Billion at a steady CAGR of 54.3% in 2028. 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.
5G will facilitate deployment of more advanced technologies such as wireless temperature sensors, in-flight entertainment, and quicker luggage tracking with biometric passenger verification, among others. It will also allow more passengers to stream high-bandwidth content simultaneously. It will also make the experience more seamless between taxi, home, aircraft cabin, and airport terminal, which will continue to drive adoption of 5G in aviation market.
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Emergen Research has published a novel research report titled, “Global 5G in Aviation Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global 5G in Aviation market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are Nokia Corporation, Panasonic Avionics Corporation, Huawei, Cisco Systems, Global Eagle Entertainment, Aeromobile Communications, Intelsat, Ericsson, ONEWEB, and Smartsky Networks.
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Regional Bifurcation of the 5G in Aviation Market Includes:
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)
Key Findings 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.
Enhanced Mobile Broadband (eMBB) is an evolution to current 4G networks which will provide faster data rates and a better user experience than the existing mobile broadband services. eMBB will enable faster download, in-flight entertainment, real-time video streaming, real-time air-traffic alerts, and ultra-speed Internet access for latent-free cloud access.
Emergen Research has segmented the global 5G in aviation market on the basis of communication infrastructure, technology, end-use, and region:
Communication Infrastructure Outlook (Revenue, USD Billion; 2018–2028)
Small Cells
Distributed Antenna Systems (DAS)
Technology Outlook (Revenue, USD Billion; 2018–2028)
Enhanced Mobile Broadband (eMBB)
Massive Machine Type Communications (MMTC)
Ultra-Reliable Low-Latency Communications (URLLC)
Fixed Wireless Access (FWA)
End-use Outlook (Revenue, USD Billion; 2018–2028)
5G Infrastructure for Airport
Healthcare Air Traffic Control/Air Traffic Management
Agriculture Passenger, Cargo & Baggage
Automotive Demand for 5G Infrastructure for Airport
Retail Communication & Security
Smart Connected Airports
5G Infrastructure for Aircraft
Drone Operations
Flight Operations
Connected Aircrafts
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Key point summary of the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
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