DUBLIN--(BUSINESS WIRE)--The "Aircraft Sensors - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Aircraft Sensors market worldwide is projected to grow by US$818.3 Million, driven by a compounded growth of 5.8%.
Fixed-Wing Aircraft, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.8 Billion by the year 2025, Fixed-Wing Aircraft will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 4.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$29 Million to the region's size and clout in the next 5 to 6 years. Over US$25.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Fixed-Wing Aircraft will reach a market size of US$99.4 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.5% over the next couple of years and add approximately US$219.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- AMETEK, Inc.
- Curtiss-Wright Corporation
- Esterline Technologies Corporation
- General Electric Company
- Honeywell International, Inc.
- Meggitt PLC
- Raytheon Company
- Safran Electronics & Defense
- TE Connectivity Ltd.
- Thales Group
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Aircraft Sensors: An Introductory Prelude
- A Snapshot of Sensor Applications in Modern Aircraft
- Stellar Growth on the Cards for Aircraft Sensors Market
- Prevailing Scenario in the World Aerospace Industry Signals towards Bright Prospects
- Ongoing Expansion in Commercial Airline Fleet Size Widens Opportunities
- Global Aircraft Fleet Size (in Units) by Aircraft Type for the Years 2019 & 2029
- Global Aircraft Fleet Size (in Units) by Geographic Region for the Years 2019 & 2039
- Growing Passenger & Cargo Traffic Instigates the Need for New Aircraft
- World Passenger Traffic (in RTK) and Cargo Traffic (in FTK) for Years 2016, 2017 and 2018
- Progressive Momentum in Business Jet Segment Amplifies Opportunities
- About 8,500 Private Jets to be Delivered over the 10-Year Period Starting from 2019: Annual Worldwide Private Jet Deliveries for Years 2018 through 2028
- Rising Demand for Military Aircraft Amid Mounting Geopolitical Risks and Increasing Global Military Spending Bodes Well
- Global Military Spending (in US$ Billion) for the Years 2013 through 2023
- Global Competitor Market Shares
- Aircraft Sensors Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- GPS Sensors Induce Safety, Convenience, and Ease of Navigation Features into Flight Operations
- Highly Convenient Measuring of Aircraft Flying Altitude with Altimeter Sensors
- Flow Measurement Made Highly Effective with Sophisticated Sensor Mechanisms
- Sensors Hold Great Promise in Aircraft Structural Health Monitoring Applications
- Advanced Sensors Come to Fore to Facilitate Real-Time Engine Monitoring
- Pressure Sensors: Collecting Reliable Pressure Data Across Various Aircraft Locations
- Sensor-Guided Instrument Systems Streamline and Improve Aircraft Operations and Performance
- Air Data Computing Made Effective with Sensor Solutions
- Liquid-Level Sensors Render Efficiency in Linking Interface Elements and Onboard Display Units
- Clamour for Additional Sensor Tools Gathers Steam by Dint of Recent Aircraft Crash Events
- Scenario Extremely Conducive for Wider Proliferation of Smarter Sensors
- Growing Emphasis on IoT in Aircraft Operations Poised to Create Ample Opportunities
- While IoT Gains Traction in Aircraft Operations, MRO Segment also Cherishes IoT-Driven Efficiencies in Aircraft Maintenance
- IoT Grabs Robust Attention in Aircraft Predictive Maintenance Strategies
- Unmanned Aerial Vehicle (UAV): High-Growth Vertical for Aircraft Sensors
- Widening Role of UAVs in Military and Civilian Applications
- UAV Evolves as a Mainstream Strategy in Military Campaigns
- World Unmanned Aerial Systems (UAS) Market in US$ Million by Application for Years 2019 & 2025
- Percentage Breakdown of World UAV Production (Value) by Region for Years 2019 & 2025
- Ongoing Regulatory Emphasis on Reducing Aerospace CO2 Emissions Seeks More Efficient Aircraft Operations, Creating Novel Opportunities to Sensors
- A Note on ICAO CORSIA Standard
- ICAO Seeks to Reduce Aircraft Energy Intensity to 9.8MJ/RTK by 2030 from 12.1MJ/RTK in 2019
- Healthy Trajectory in MRO Services Vertical: Strong Business Case for Aftermarket Aircraft Sensors
- Current MRO Market Trends Across Various Geographic Regions
- Breakdown of World MRO Services Market (in US$ Billion) by Service Area for Years 2019 & 2029
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Aircraft Sensors Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Aircraft Sensors Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/6lvjdz
