The Aircraft Engine Sensors Market is segmented by Aircraft Type (Commercial Aircraft, General Aviation, Regional Aircraft, Military Aircraft, Helicopter, and Unmanned Aerial Vehicle), by Sensor Type (Pressure Sensor, Temperature Sensor, Position Sensor, Inertial Sensor, and Others), byApplication Type (Gearbox, Compressor, Turbine, Front Blade, and Nacelle), by End-User Type (OE and Aftermarket), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
The Aircraft Engine Sensors Market is segmented by Aircraft Type...
Engine sensors are electro-mechanical tools that keep track of several engine parameters. Thermocouples, resistance temperature detectors (RTDs), and hall effect sensors are a few types of sensors used in engines. Engine sensors also provide critical measurements of pressure, temperature, and speed for flight and engine control systems in all types of aircraft. As the engine is the most critical section of an aircraft, it constitutes the widest number of sensors in it. Temperature sensors, pressure sensors, force/torque sensors, accelerometer/vibration (inertial) sensors, position sensors, and fluid Sensors are the major types of sensors used in aircraft engines.
Aircraft engine sensors constitute a fair share of the overall aircraft sensors market. The market highly relies on the growth of engine production, which is highly subjected to the OEMs' aircraft production rates. The past three years (2019-2021) proved to be most disruptive for the industry stakeholders with several setbacks. These setbacks kicked off the market demand to almost a decade-old figure. The year 2022 is giving some realm to the industry stakeholders with the demand for aircraft, especially narrow bodies, improving at a healthy rate. However, the ongoing geopolitical challenges are creating huge pressure, ultimately denting their business growth as well as margin levels.
However, Stratview Research estimates suggest that despite the challenging market conditions, the aircraft engine sensors market will continue to follow its recovery trajectory in the years to come, ultimately approaching its pre-pandemic figure by early 2025. The expected rise in the production rate of key engine programs (LEAP, GE9x, etc.) and large engine fleet size (CFM56, etc.) are likely to drive the sensor market in the coming years. Furthermore, the advancements, such as microelectromechanical systems (MEMS), in sensor technology may give an additional impetus to the market demand. Also, increased demand for compact engines coupled with the increasing development of sophisticated sensors and the rise in demand for wireless sensors add fuel to the fire.
Recent Market JVs and Acquisitions:
In 2021, FLYHT Aerospace Solutions acquired the water vapor sensing system product line of SpectraSensors, a subsidiary of Endress+Hauser.
In 2020, TE Connectivity, a leading provider of connectivity and sensing solutions in the industrial sector, completed the first public acquisition of First Sensor AG. It currently owns a 71.87% share of First Sensor AG.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Aircraft Type
Commercial Aircraft, General Aviation, Regional Aircraft, Military Aircraft, Helicopter, and Unmanned Aerial Vehicle
A large number of sensor content per turbofan engine paired with the large engine deliveries make commercial aircraft the leading market among all aircraft types.
Sensor Type
Pressure Sensor, Temperature Sensor, Position Sensor, Inertial Sensor, and Others
The pressure sensor is estimated to hold dominance in the market, mainly driven by its higher price.
Application Type
Gearbox, Compressor, Turbine, Front Blade, and Nacelle
Among engine applications, the gearbox proved to be an application category that holds the maximum number of sensors.
End-User Type Type
OE and Aftermarket
OE is to remain the dominant end-user type till 2028.
Regional Basis
North America, Europe, Asia-Pacific, and the Rest of the World
North America has been a pioneer in the aircraft engine sensors market. Presence of all the leading engine makers, their tier players, aircraft OEMs, and sensor manufacturers.
By Aircraft Type
The aircraft engine sensors market is segmented into commercial aircraft, general aviation, regional aircraft, military aircraft, helicopter, and unmanned aerial vehicles. Commercial aircraft is expected to remain the largest as well as the fastest-growing aircraft type in the market during the forecast period, owing to the usage of a relatively large number of sensors in commercial aircraft. Over the eons, it has been recorded an increased number of sensors used per geared turbofan. For instance, A LEAP engine has more sensors than its predecessor (CFM56).
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By Sensor Type
The market is bifurcated into pressure sensor, temperature sensor, position sensor, inertial sensor, and others.Pressure sensor is expected to remain the dominant as well as the fastest-growing sensor type in the market during the forecast period owing to their various benefits, such as timely electric signals provided to the engine according to the pressure applied coupled with its wider applications. Also, the price of pressure sensors is quite higher than that of other sensors such as temperature sensors.
By Application Type
The market is segmented as gearbox, compressor, turbine, front blade, and nacelle.Gearbox is expected to remain the dominant application type in the market during the forecast period, owing to the usage of a large number of sensors in the gearbox.
Regional Analysis
In terms of regions, North America is expected to remain the largest market for aircraft engine sensors during the forecast period, mainly driven by the USA. The region has the presence of a large number of aircraft OEMs, aero-engine OEMs, tier players, and raw material suppliers. and aircraft engine sensor manufacturers, which make the region the growth engine of the aircraft industry. Most of the tier players, airlines, and suppliers have their presence in the region to address the emergent needs of OEMs.
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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 engine sensors market:
TE Connectivity Ltd.
Thales Group
Honeywell International Inc.
Safran S.A.
Meggitt PLC
Curtiss-Wrights Corporation
Ametek Inc.
Transdigm Group, Inc. (Auxitrol Weston)
Woodward Inc
Sensata Technologies Inc.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft engine sensors market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
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 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
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.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Aircraft Engine Sensors Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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North America to remain dominant in the aircraft engine sensors market in the foreseen future. The region has the presence of a large number of aircraft OEMs, such as Airbus and Boeing, and aero-engine OEMs, which make the region the growth engine of the aircraft industry.
Asia-Pacific is estimated to remain the fastest-growing market for aircraft engine sensors in the foreseeable future. China, Japan, and Singapore are likely to be the biggest markets in the region in the years to come.
TE Connectivity Ltd., Thales Group, Honeywell International Inc., Safran S.A., Meggitt PLC, Curtiss-Wrights Corporation, Ametek Inc., Transdigm Group, Inc. (Auxitrol Weston), Woodward Inc., and Sensata Technologies Inc. are the leading players in the aircraft engine sensors market.
