Aircraft Interface Device Market Analysis | 2023-2028

“The Aircraft Interface Device Market was estimated at US$ 163.24 million in 2022 and is expected to grow at an impressive CAGR of 13.5% during 2023-2028 to reach US$ 351.75 million by 2028.” 

Wish to get a free sample? Register Here

Market Dynamics

Introduction

An Aircraft Interface Device (AID) is an onboard avionics system that handles interfacing between the avionics system and other aircraft components. It also enables the avionic systems, sensors, and other equipment onboard to have a common data bus, hence facilitating the connection of equipment and their data interfacing. AIDs are important to the current generation of aircraft as they aid in the efficiency of the system, real-time data acquisition, and maintenance by ensuring there is direct communication between the various systems.

Market Drivers

The prime drivers expected to underpin the growth of the global aircraft interface device market are-

• Growing need for situational awareness.

• Increasing demand for real-time analytics.

• Increased focus on enhancing flight safety.

• Rising adoption of connected aircraft solutions.

• Growing demand for efficient flight operations.

• Expansion of the commercial aviation sector.

Segments Analysis

Want to get more details about the segmentations? Register Here

By End-User Type

“The civil segment dominates the market during the forecast period.”

The aircraft interface market is segmented into civil and military. The civil segment is estimated to dominate the market during the forecast period. The segment's growth is owing to the robust growth of the global civil aviation industry in recent years, heralded by factors, such as a rise in air travel, an increase in disposable income, and unprecedented growth in international tourism, among others.  

By Aircraft Type

“The narrow-body aircraft segment dominates the market during the forecast period.”

The market is segmented into narrow-body aircraft, wide-body aircraft, very large aircraft, fighter jets, business jets, regional transport aircraft, and rotary-wing aircraft. The narrow-body aircraft segment led the market in 2018 and is estimated to continue its dominance during the forecast period. Boeing anticipated that there would be total deliveries of 40,410 commercial aircraft worth US$ 6.25 trillion in the global marketplace during 2018-2037.

Asia-Pacific and Europe would be the biggest demand generators with a collective share of 64.7% of the total commercial aircraft deliveries during the same period. An anticipated healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will majorly bolster the demand for commercial aircraft.

By Connectivity Type

“The wireless segment registers the highest growth.”

The market is segmented as wired and wireless. The wireless segment is expected to register a higher growth, driven by the ease-and-low investment in installing wireless devices.  

By Fit Type

“The retrofit segment leads the market during the forecast period.”  

The market is segmented into line fit and retrofit. The retrofit segment is estimated to lead the overall aircraft interface device market, governed by the growing need for completely connected aircraft to minimize operational costs and the upgrading of various aircraft by airliners to install advanced systems.

Regional Analysis

“North America dominates the global aircraft interface device market in 2018 and is likely to continue its leading position during the forecast period.”

Due to the regional presence of major aircraft manufacturers, such as Lockheed Martin Corporation (U.S.), The Boeing Company (U.S.), Bell Helicopter (U.S.), Sikorsky Aircraft (U.S.), and Bombardier (Canada), these manufacturers help to facilitate demand for aircraft interface devices. Further, airlines are also playing an attentive role in generating demand for AIDS through the retrofit segment. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.  

Want to know which region offers the best growth opportunities? Register Here

Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.  

The following are the key players in the aircraft interface device market (arranged alphabetically).

• Arconics
• Astronics Corporation
• Esterline Technologies Corporation
• Navaero Inc.
• Rockwell Collins, Inc.
• Teledyne Technologies International Corp.
• United Technologies Corporation

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.