European IFEC market is estimated to grow significantly at a CAGR of 8.2% during the forecast period. The major factor for the growth of the market includes the rising aviation market of the region, increasing the need for internet connectivity in airplanes due to the rising trend of BYOD devices, technological advancement and so on. The various manufacturing plants of the commercial airplane in the region including Airbus SE is catering to significant B2B demand of the market. The Netherlands, UK, Germany, Spain, Italy, and France are the major countries contributing to market growth as these countries are among the leading aviation market in the region. As per the World Bank, air passengers traveled in the European Union increased from 616 million in 2014 to 802 million in 2018. In the European Union, the overall growth of around 30% has been witnessed in the air passenger travel in the period of 2014-2018.
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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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The companies which are contributing to the growth of the European IFEC market include AirFi.aero, BAE Systems PLC, Cobham PLC, Deutsche Telekom AG, Eutelsat S.A., Marlink SAS, Inmarsat PLC, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
European IFEC Market- Segmentation
• In-Flight Entertainment
• In-Flight Connectivity
• First Class
• Business Class
• Economy Class
Visit for Global In-Flight Entertainment and Connectivity (IFEC) Market Report at: https://www.omrglobal.com/industry-reports/in-flight-entertainment-connectivity-ifec-market
European IFEC Market– Segment by Region
• Rest of Europe
• BAE Systems PLC
• Cobham PLC
• Deutsche Telekom AG
• Eutelsat S.A.
• Marlink SAS
• Inmarsat PLC
• Lufthansa Systems GmbH & Co. KG
• Safran S.A.
• Thales Group
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