Aircraft Interface Device Market
This report, from Stratview Research, studies the global aircraft interface device market over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities in the market.
Global Aircraft Interface Device (AID) Market: Highlights
The global aircraft interface device market is expected to grow at a double digit CAGR of 12.5% during the forecast period of 2017 to 2022. Increasing deliveries of new commercial aircraft; requirement of efficient avionics integration system for real-time analytics; rising demand for easy access and low maintenance device; growing demand for better flight experience; and advancement in the technology are some of the growth drivers of the global aircraft interface device market.
The global aircraft interface device market is segmented based on aircraft type as commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Commercial aircraft has been the largest segment of the global aircraft interface device market and is forecasted to remain the largest segment over the next five years. The segment is also likely to witness the fastest growth for the same period, driven by an increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737; an expected entry of upcoming aircraft, such as Comac C919; and rising aircraft fleet.
The global aircraft interface device market is segmented based on connectivity type as wire and wireless. Wireless based aircraft interface device is projected to witness the fastest growth over the next five years. Wireless interfaces will continue to replace the traditional wired interface devices as they offer several benefits, such as ease of access, better connectivity, better device interface, and ease of handling.
The global aircraft interface device market is segmented based on fit type as line fit and retrofit. Retrofit is likely to remain the largest fit type during the forecast period, driven by rising fleet size, increasing requirement of upgrade the traditional system for better real-time analytics, an advancement in technology. Both line fit and retrofit are likely to witness a healthy growth over the next five years.
North America is projected to remain the largest market for aircraft interface device during the forecast period. North America is the manufacturing capital of the aerospace industry with the presence of small to large OEMs in each aircraft category. The region also owns one of the largest commercial aircraft fleets worldwide. Asia-Pacific is expected to experience the fastest growth for the same period. The gradual shift of manufacturing/assembly plants of OEMs and upcoming indigenous commercial and regional aircraft, such as Comac C919, ARJ21, and MRJ, fuelled by increasing passenger traffic are likely to drive the Asia-Pacific region in the coming years.
Astronics Corporation, United Technologies Corporation, Teledyne Controls, NavAero Inc., Rockwell Collins, and Esterline Technologies Corporation are the key players in the global aircraft interface device market. New product development and collaboration with OEMs are some of the key strategies adopted by companies to gain a competitive edge over other competitors.
This report offers high-quality insights and is the outcome of 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 700 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We usually conduct 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.
This report provides market intelligence in the most comprehensive way. 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. The following are the key features of the report:
The global aircraft interface device market is segmented into the following categories:
Global Aircraft Interface Device (AID) Market by Aircraft Type
Global Aircraft Interface Device (AID) Market by Connectivity Type:
Global Aircraft Interface Device (AID) Market by Fit Type:
Global Aircraft Interface Device (AID) Market by Region:
Report Customization Options
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