China IFEC market is estimated to grow significantly at a CAGR of 12.0% during the forecast period. This is attributed to the enhanced air travel and technological advancement in flight connectivity and infotainment solutions in the country. The changing preferences of the passengers to travel via air are rapidly increasing. Air passengers are expected to increase in the near future and China is expected to be the world’s largest aviation market across the globe, according to IATA. For instance, in September 2019, China opened the Daxing International Airport, a mega-hub with world’s biggest terminals. The fast-growing aviation market will increase the demand for aircraft manufacturers to manufacture advanced connectivity and infotainment solutions for the aviation industry.
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.
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China IFEC Market Segmentation
By Type
- In-Flight Entertainment
- In-Flight Connectivity
By Class
- First Class
- Business Class
- Economy Class
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Company Profiles
- Burrana
- Envee Inflight Entertainment Co. Ltd
- Honeywell International, Inc.
- Global Eagle Entertainment, Inc.
- Panasonic Aviation Corp.
- Rockwell Collins Inc.
- Safran S.A.
- Thales Group
- Viasat Inc.
- Gogo Inc.
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