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    Aircraft Sensors Market Size, Share & Forecast (2017-2022) | Covid-19 Impact Analysis

    Aircraft Sensors Market Size, Share & Forecast (2017-2022) | Covid-19 Impact Analysis

    Aircraft Sensors Market Size, Share & Forecast (2017-2022) | Covid-19 Impact Analysis
    Report code - SRAD147 Delivery - 2 Weeks
    Aircraft Sensors Market Size, Share, Trend, Forecast, & Competitive Analysis: 2017-202 See more...
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    Impact of COVID-19 on Aircraft Sensors Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Aircraft Sensors Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Aircraft Sensors Market Insights

    The global aircraft sensors market offers attractive growth opportunities in the entire ecosystem of the market. The global aircraft sensors market is expected to grow at a healthy CAGR of 5.8% over the next five years to reach US$ 2.1 billion in 2022. Increasing production rates of key commercial aircraft programs, the introduction of variants of the best-selling aircraft programs, market entry of players, rising aircraft fleet size, increasing electronic components in the next-generation aircraft, and high focus on passenger safety and fuel efficiency are major growth drivers of the global aircraft sensors market.

     

    Aircraft Sensors Market Share Analysis

    Aircraft Sensors Market Share by Aircraft Type

    The global aircraft sensors market is segmented based on the aircraft type as narrow-body aircraft, wide-body aircraft, very large aircraft, regional aircraft, general aviation, helicopter, military aircraft, and UAV. Narrow-body aircraft is expected to remain the largest segment of the global aircraft sensors market during the forecast period, propelled by increasing aircraft deliveries to support rising passenger and cargo traffic, the introduction of variants of existing programs, and rising commercial aircraft fleet size. Airbus anticipated that approximately 34,900 commercial aircraft will be delivered during 2017-2036. This will create a sustainable demand for sensors during the forecast period.

    Aircraft Sensors Market Share by Application Type

    Based on the application type, the global aircraft sensors market is segmented as engine, airframe, flight deck & control system, fluid conveyance, landing gear, environment control system, interior, and others. Flight deck & control system is projected to remain the most dominant application type in the global aircraft sensors market during the forecast period, propelled by rising aircraft deliveries, higher usage of sensors in the flight deck & control systems, and increased incorporation of avionics in the next-generation aircraft.

    Regional Insights

    Based on the regions, North America is expected to remain the largest market for aircraft sensors during the forecast period as the region is the manufacturing capital of the aerospace & defense industry with the presence of several large- to small-sized aircraft OEMs, engine OEMs, tier players, sensor manufacturers, distributors, and raw material suppliers. Asia Pacific is expected to grow at the highest rate over the next five years, owing to upcoming commercial and regional aircraft programs and the world’s largest commercial aircraft fleet size.

    Key Players

    The supply chain of this market comprises raw material suppliers, sensor manufacturers, distributors, tier players, aircraft OEMs, and airline companies. The key aircraft OEMs are Boeing, Airbus, Lockheed Martin, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airline companies are Lufthansa, Delta Air, Air China, and Singapore Airlines.

    The key sensor manufacturers for the aircraft industry are Honeywell International Inc, TE Connectivity Ltd., UTC Aerospace Systems, Zodiac Aerospace, Ametek, Inc., Meggitt Plc, Safran Electronic & Defense, Curtiss-Wright Corporation, and Esterline Technologies Corporation. New product development, the formation of long-term contracts, and a wide geographical presence are some of the key strategies adopted by the key players to gain a competitive edge in the market.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are 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. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2011-2022

    Forecast

    5.8% CAGR During 2017-2022

    Size in 2022

    US$ 2.1 billion

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Aircraft Sensors Market Size, Share & Forecast by Aircraft Type:

    • Narrow-Body Aircraft
    • Wide-Body Aircraft
    • Very Large Aircraft
    • Regional Aircraft
    • General Aviation
    • Helicopter
    • Military Aircraft
    • UAV

    Aircraft Sensors Market Size, Share & Forecast by Sensor Type:

    • Pressure Sensors
    • Temperature Sensors
    • Speed Sensors
    • Proximity Sensors
    • Gyro Sensors
    • Other Sensors

    Aircraft Sensors Market Size, Share & Forecast by Application Type:

    • Engine
    • Airframe
    • Flight Deck & Control System
    • Fluid Conveyance
    • Interior
    • Landing Gear
    • Environment Control System
    • Others

    Aircraft Sensors Market Size, Share & Forecast by Connectivity Type:

    • Wire
    • Wireless

    Aircraft Sensors Market Size, Share & Forecast by Region:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

     

    Report Features

    This report, from Stratview Research, studies the global aircraft sensors 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 present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     

     

    Report Customization Options

    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 3 players)
    • SWOT analysis of key players (up to 3 players)

    Regional Segmentation

    • Current market segmentation of any one of the regions by aircraft type

    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 the 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 at [email protected].


    Frequently Asked Questions (FAQs)

    What will be the growth of the Aircraft Sensors Market in the foreseeable years?

    Driven by a number of factors like Increasing production rates of key commercial aircraft programs & the introduction of variants of the best-selling aircraft programs, the aircraft sensors market is expected to witness an impressive growth of 5.8% CAGR During 2017-22.

    Who are the key players in the Aircraft Sensors Market?

    Honeywell International Inc, TE Connectivity Ltd., UTC Aerospace Systems, Zodiac Aerospace, Ametek, Inc., Meggitt Plc, Safran Electronic & Defense, Curtiss-Wright Corporation, and Esterline Technologies Corporation. are among the key players in the aircraft sensors market.

    Which region/country is expected to remain the largest Aircraft Sensors Market?

    North America is expected to remain the largest market for aircraft sensors during the forecast period of 2017-22.

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