LONDON--(BUSINESS WIRE)--The global commercial aircraft interface device (AID) market is expected to grow at a CAGR of close to 15% during the period 2017-2021, according to a new market research study by Technavio.
The report categorizes the global commercial aircraft interface device market by application which includes narrow-body aircraft, wide-body aircraft, and regional jets. The report also determines the geographic breakdown of the market in terms of detailed analysis and impact, which includes key geographies such as APAC, the Americas, and EMEA.
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Market driver: accelerating demand for procurement of new aircraft
Globalization and growth in the world economy have led to increased air travel. Airline operators are also coming up with new strategies to attract air travel. For instance, the low-cost carrier business model, which offers low flight fares for limited passenger service, has attracted many passengers. Further, an increase in disposable income in the middle-class segment of population, especially in countries such as China and India, is a crucial factor favoring the demand for air travel. Such increase in passenger traffic and air travel has eventually resulted in high demand for aircraft.
According to Ramyabrata Chakraborty, a lead analyst at Technavio for commercial aviation research, "The accelerating growth in air travel and increase in the number of orders of new aircraft have increased the requirement for AIDs as well. Further, airline manufacturers prefer adopting interface devices as they are cost-effective solutions for maintenance and operations."
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Market trend: inclusion of portable tablet computers in flight deck
Technological advancements in terms of connectivity for an aircraft are in the stage of evolution. Technology providers are adding more features to flight decks to increase the connectivity. The implementation of new features will require upgradation or replacement of interface devices.
The evolution of electronic flight bag (EFB) has led to a high demand for commercial aircraft interface device. Further, many airline operators across the globe have already progressed in the adoption of portable handheld tablet PCs as a commercial aircraft EFB systems hardware.
Market challenge: vulnerability and cybersecurity threats associated with wireless devices
Wi-Fi connectivity in passenger cabins will be a major move in the aviation industry, with IP connectivity yet to make its mark. Industry leaders are striving to attain fully connected aircraft. However, they are concerned that this innovation may lead to critical issues regarding cybersecurity. Further, manufacturers are trying to deter IP-enabled operations to preserve the safety of flight applications.
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Key vendors in the market
- Astronics
- Rockwell Collins
- Teledyne Technologies
- United Technologies Corporation (UTC)
The global commercial AID market is competitive in nature, where vendors compete based on product features, cost, and connectivity range to attain the largest market share. Vendors must develop innovative and cost-effective products that provide overall connectivity and enhanced data information. Many OEMs and Tier-1 suppliers are leveraging the benefits of globalization in the aerospace supply chain. One of the ways to adapt to evolving changes in the globalized market is by establishing company base and market reach in emerging markets.
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