Global Aircraft Sensors Market Research Report 2022-2027 (Business Opportunities - Advertising Service)

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Global Aircraft Sensors Market Research Report 2022-2027

Bharat Book Bureau Provides the Trending Market Research Report on “Aircraft Sensors Market by aircraft type (Fixed-wing, Rotary-wing, UAVs, AAM), Application (Engine, Aerostructures, Fuel & Hydraulic, Cabin), Sensor Type, End Use (OEM, Aftermarket), Connectivity (Wired, Wireless) and Region - Global Forecast to 2027”under Defence Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
The Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period.
The aviation industry is witnessing major transformations in terms of technological advancements in aircraft models. This has given rise to improvements in the sensor networks used in aircraft. More electric and hybrid electric aircraft are part of the future of the aviation industry, with their adoption rate expected to significantly increase in the future.
In the last 10 years, there have been significant advancements in technologies used in aircraft sensors. These technologies have enhanced the flight control capabilities and situational awareness levels of pilots while increasing the comfort level of passengers. They have resulted in the improvement of overall operational efficiency of both, commercial and military aircraft, making them better suited to carry out critical and complex air missions as well as maintain effective day-to-day operations of military and commercial airlines, respectively.
Fixed Wing segment to witness largest market share in the forecast period
By Aircraft Type, the fixed wing segment is expected to growth the highest in the forecast period. The increase in air traffic is driving the demand for commercial aircraft across all regions. The increasing air traffic is also driving the need to ensure safety and health of these aircrafts. Hence advanced and efficient sensors solutions are required to ensure health and safety of these aircraft. This is one of the major factors driving the need for aircraft sensors.
Temperature Sensors to witness highest growth in the forecast period.
Based on Sensor type, the Temperature sensors are witnessing highest growth in the forecast period. Temperature sensors are widely used for application in fuel temperatures, outside air temperature, cabin temperature, cargo temperature, and turbine inlet temperature. Increasing air traffic, higher operating costs, and greater performance demands have made precision air data measurements necessary for safety and maximum performance. Thus, accurate and reliable total temperature measurement is essential for the efficient operation of aircraft.
Break-up of profile of primary participants in the aircraft sensors market:
•By Company Type: Tier 1 – 20%, Tier 2 – 55%, and Tier 3 – 25%
•By Designation: C Level – 50%, Director Level – 25%, and Others – 25%
•By Region: North America – 60%, Europe – 20%, Asia Pacific – 10%, South America– 5%, and RoW – 5%
Major players operating in the aircraft sensors market include Honeywell (US), TE Connectivity (US), Meggitt PLC (UK), AMETEK Inc. (US), and Safran (France)among others. These key players offer aircraft sensors and services to different key stakeholders.
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Target State: Maharashtra
Target City : Navi Mumbai
Last Update : 29 September 2022 4:14 PM
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Item  Owner  : Priya Prakash
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2023-05-31 (0.440 sec)