Market Highlights
The Aircraft Temperature Sensors Market is likely to grow at a significant CAGR of 11%, in the long run, to reach US$ 0.5 billion in 2028.
Temperature sensors provide several advantages to aerospace applications, including reliable information in extreme environments, real-time information, fast response due to low thermal mass, precision direct-immersion reading with thermocouple/RTD combination, vibration resistance, and fiber-optic option reliability in high-voltage, EMI environments, etc. To protect an aircraft, temperature sensors are widely used in the engine, landing gear, cabin, and brakes. Thermostats, resistive temperature detectors (RTD), thermocouples, and thermistors are examples of temperature sensors used in aircraft. The thermocouple and RTD sensors are the two most commonly used temperature sensors in aircraft engine applications. RTD provides excellent accuracy, whereas thermocouples can withstand extreme temperatures, allowing thermocouples to detect overheating in engine systems and alert the pilot.
After three difficult years (2019-2021), the aerospace industry is gradually moving back on track. The industry is still encircled by several geopolitical challenges, which are putting pressure on the supply chain along with market demand. Despite these challenges, Stratview still predicts impressive growth in the next couple of years, followed by sequential growth in the mid to long-term
An expected rise in the production rates of key aircraft programs (B737Max, A320neo, etc.) in the wake of rebounding air passenger traffic, increasing aircraft fleet size, upcoming next-generation aircraft programs, and a greater number of temperature sensors per aircraft to regulate the temperature level in the cabin, engine, and cargo areas are the factors driving the demand for temperature sensors in the aircraft sensors industry.
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
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Aircraft Type
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Commercial Aircraft, General Aviation, Regional Aircraft, Military Aircraft, Helicopter, and Unmanned Aerial Vehicles.
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A large number of temperature sensors paired with increasing aircraft deliveries make commercial aircraft the largest aircraft category among all aircraft types.
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Sensor Type
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Thermostat, Resistive Temperature Detectors, and Others.
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The thermostat is expected to remain the dominant sensor type over the next five years.
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Application Type
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Engine; Landing Gear, Wheels & Brakes; Flight Control Systems; Cabin, Cargo & ECS; and Others.
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Engine is expected to be the dominant segment, driven by the presence of several temperature sensors.
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End-User Type
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OE and Aftermarket
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OE is to remain the dominant end-user type till 2028.
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Regional Basis
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North America, Europe, Asia-Pacific, and Rest of the World.
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North America is estimated to dominate the market, owing to the presence of numerous tier players and aircraft pressure sensor manufacturers operating in the region.
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By Aircraft Type
The aircraft temperature 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. The engine remains the hot section with a dire need for temperature sensors in several crucial sections to have a proper eye on the temperature. Furthermore, rebounding aircraft deliveries after several shockwaves (B737Max ground, COVID-19, B787 grounding, etc.) are creating an atmosphere for the market stakeholders to fill the losses incurred during the pandemic. Market entries of new programs (C919, B777x, etc.) may create new revenue pockets for the market stakeholders within the commercial aircraft category.
By Sensor Type
The market is segmented into thermostat, resistive temperature detector, and others. The thermostat is expected to remain the dominant as well as the fastest-growing sensor type in the market during the forecast period, owing to its wide usage in the engine, cargo, landing gears, wheels & brakes, and flight control systems.
By Application Type
The market is segmented into the engine; landing gear, wheels & brakes; flight control systems; cabin, cargo & ECS; and others. The engine is expected to remain the dominant application type in the market during the forecast period as a large number of temperature sensors are used in several sections of the engine, such as the front blade, compressor, turbine, and gearbox.
Regional Analysis
In terms of regions, North America is expected to remain the largest market for aircraft temperature sensors during the forecast period, mainly driven by the USA. This region has the presence of a large number of major aircraft OEMs, such as Airbus and Boeing, 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.
Asia-Pacific is projected to witness the highest growth in the market over the next five years with the increasing focus of industry stakeholders to expand in emerging economies such as India and China. The region is expected to occupy ~38% share of the world's aircraft fleet in the next twenty years.
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 temperature sensors market:
- Thales Group
- Crane Holdings Co.
- Curtiss-Wrights Corporation
- Ametek Inc.
- Transdigm Group, Inc. (Auxitrol Weston)
- Meggitt PLC
- TE Connectivity
- Honeywell Incorporation Inc.
- Amphenol Corporation
- Kulite Semiconductor Products, Inc.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft temperature 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?
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Key questions this report answers
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Relevant contents in the report
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How big is the sales opportunity?
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In-depth Analysis of the Aircraft Temperature Sensors Market
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How lucrative is the future?
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Market forecast and trend data and emerging trends
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Which regions offer the best sales opportunities?
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Global, regional, and country-level historical data and forecasts
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Which are the most attractive market segments?
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Market segment analysis and Forecast
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Which are the top players and their market positioning?
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Competitive landscape analysis, Market share analysis
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How complex is the business environment?
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Porter’s five forces analysis, PEST analysis, Life cycle analysis
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What are the factors affecting the market?
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Drivers & challenges
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Will I get the information on my specific requirement?
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10% free customization
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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 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
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