Aircraft Sensors Market expected to reach USD 9.7 billion with a CAGR of 9.1% by 2031
As per the market analysis by Zion Market Research analysts, the global aircraft sensors market is estimated to reach USD 9.7 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031 .TE Connectivity Ltd., Safran S.A., Honeywell International, Inc., General Electric Company, Meggitt PLC, Ametek, Inc., Thales Group, Zodiac Aerospace, and Woodward Inc. are few of the active players in the aircraft sensors market.
Increasing Aircraft Fleet Size To Upsurge The Demand For Aircraft Sensors
The growth of the global aircraft sensors market is expected to be influenced by factors such as the increasing aircraft fleet size, rising production costs of main commercial aircraft programs, entry of new market players, the launch of versions of the best-selling aircraft programs, elevated emphasis on passenger safety & fuel efficiency, and rising electronic parts in the next-gen aircraft.
Rising Number Of Passengers Expected To Boost The Fixed-Wing Aircraft Segment Of The Market
The fixed-wing aircraft segment, on the basis of platform, is anticipated to rule the aircraft sensors market in the years to come. The rise in the count of air passengers, particularly from the emerging nations, is projected to have a noteworthy effect on market growth. Further, the rising need for fixed-wing aircraft that are extensively utilized for air travel is anticipated to boost the growth of the aircraft sensors market in the near future.
Flourishing Aviation Industry In Asia Pacific To Help It Govern The Global Market
The global aircraft sensor market is expected to be governed by Asia Pacific aircraft sensors market with the highest CAGR during the projected period. The rising air passenger traffic is the key factor for the expansion of the aviation industry in this region. Further, the rise in disposable income air passenger traffic has led to the rising need for new aircraft deliveries, which, consequently, propels the need for aircraft sensors. To cite, Commercial Aircraft Corporation of China (COMAC), the Shanghai-based aircraft manufacturer, in 2018, obtained orders of around 600 C919 jumbo jets from twenty-four domestic customers, comprising China Southern, Air China, Hainan Airlines, Sichuan Airlines, and China Eastern.
The leading players operating in the aircraft sensors market are
- Aerocontrolex Group
- Aerosonic Corporation
- AMETEK
- Curtiss-Wright Corporation
- Dynon Avionics
- Esterline Technologies Corporation
- Free Flight Systems
- Garmin International
- General Atomics Corporation
- Hindustan Aeronautics
- Honeywell Aerospace
- Kollsman
- Meggitt
- Memscap
- Pacific Avionics & Instruments
- Revue Thommen
- Rockwell Collins
- Safran Electronic & Defense
- Schneider Electric
- TE Connectivity.
The global aircraft sensors market is segmented as follows:
By Platform
- UAVs
- Rotary-wing Aircraft
- Fixed-wing Aircraft
By application
- Doors & Slides
- Engines
- Flight Decks & Flight Control
- Fuel, Hydraulic & Pneumatic Systems
- Landing Gears, Wheels & Breaks
- Cabin & Cargo Environmental Controls
By Sensor Type
- Temperature Sensors
- Pressure Sensors
- Torque Sensors
- Force Sensors
- Position & Displacement Sensors
- Speed Sensors
- Proximity Sensors
- GPS Sensors
- Level Sensors
- Accelerometers
- Flow Sensors
- Pitot Probes
- Gyroscopes
- Angle-of-Attack (AoA) Sensors
- Radar Sensors
- Smoke Detection Sensors
- Altimeter Sensors
- Others
By Fit
- Aftermarket
- OEM
By Connectivity
- Wireless
- Wired
By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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