Asia Pacific In-flight Entertainment and Connectivity Market - Analysis of Growth, Trends Progress and Challenges (2015-2020)
The Asia pacific In-flight entertainment and connectivity market is expected to grow at a CAGR of 14.27% till 2020. This high growth in the Asia pacific region could be accounted to the fact that majority of the new aircraft sales are happening in this region. More than a third of the aircraft backlog of Airbus belongs to Asia Pacific. Also, the entertainment systems are not so well entrenched in the Asia Pacific market as compared to the western counter parts, resulting in a higher growth prospects. But some countries in the region like India are very price sensitive. This is the major reason for the rising popularity of Low Cost Carriers there. Equipping each aircraft with entertainment systems costs an average of around $3 million and it adds close to 13 pounds per seat. Many carriers in the region have totally done away with infotainment systems and are in the process of offering alternatives such as Wi-Fi. But the market for infotainment systems will still achieve high rate of growth because the passengers in this region has the highest preference for Infotainment systems in the world, and expect such systems in full service airlines. India and China will lead the In-flight entertainment and connectivity market in the region and provide considerable opportunities in the retro fit segment. The region has a fast growing, but limited business jet market, making the contribution to the IFEC market from this segment limited.
Panasonic Avionics Corporation, Digicor and Thales Group S.A are some of the major players in the market. The Asia pacific in flight entertainment system and connectivity market is segmented by Product Type (Hardware, Content, Connectivity), by Fit (Line Fit, Retro Fit), by Class (First class, Business Class, Economy Class, others) and by geography (China, India, Japan, Australia and others).
What the report offers
Market analysis for the Asia Pacific In-Flight Entertainment and Connectivity Market specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares 5. Identification and analysis of the macro and micro factors that affect the Asia Pacific In-flight entertainment and connectivity Market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries in which this industry is blooming and to also identify the regions that are still untappedthe last 2 years, indicating the sensor penetration rates that would further grow with the growth of passenger vehicles, driven by the recovery of the economy from the economic recession in 2010. ST Microelectronics which is one of the leading manufacturers of automotive MEMS sensors have developed a huge portfolio of MEMS automotive sensors qualified according to AEC-Q100 which are also fuel-efficient. One such significant MEMS sensors are low-g 3-axis accelerometers which have advanced power-saving features and an extended temperature range that make them an ideal choice for non-critical automotive applications including telematics, navigation, infotainment and security .Powertrain and vehicle security systems would have the significant share in the Europe automotive sensor application during the forecast period.
The report also profiles the leading suppliers of Europe Automotive Sensors Market. Some of the top companies mentioned in the report are Texas Instruments (U.S.), Robert Bosch GmbH (Germany), General Electric Company (U.S.), Analog Devices (U.S.), Infineon Technologies AG (Germany), Freescale semiconductor Inc. (U.S.), ST Microtechnogy and Delphi Automotive PLC (U.K.) and others.
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