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    Air Data Systems Market Size, Share, & Forecast. | Covid-19 Impact Analysis

    Air Data Systems Market Size, Share, & Forecast. | Covid-19 Impact Analysis

    Air Data Systems Market Size, Share, & Forecast. | Covid-19 Impact Analysis
    Report code - SRAD254 Delivery - 2 Weeks
    Air Data Systems Market Size, Share, Trend, Forecast, & Industry Analysis.
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    Impact of COVID-19 on Air Data Systems Market

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

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    Impact of COVID-19 on Air Data Systems 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.

    Air Data Systems Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Growth in the number of aircraft orders and deliveries and escalating demand for large military UAVs are the major factors expected to underpin the growth of the global air data systems market during the forecast period. 

    Air Data Systems Market - Snapshot

    Growth

    7.2% for the next five years

    Major End-User Type

    Civil

    Major Aircraft Type

    Narrow-body aircraft

    Dominant Component Type

    Electronic unit

    Region with the highest demand

    North America

    Key Players

    Ametek Inc., Aeroprobe Corporation, Astronautics Corporation of America, Curtiss-Wright Corporation, Financial Highlights, Honeywell International Inc., Meggitt PLC, Rockwell Collins Inc., Shadin Avionics, and Thommen Aircraft Equipment.

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    Air Data Systems Market Share: By End-User Type

    Based on the end-user type, the market is segmented as civil and military. The civil segment owns a larger market size and is also estimated to register a higher growth during the forecast period. Fueled by factors, such as increase in air travel, rise in disposable income, and growth in international tourism, among others, the civil aviation industry across the globe has been witnessing robust growth in recent years.

    Air Data Systems Market Share: By Aircraft Type

    Based on the aircraft type, the market is segmented as narrow-body aircraft, wide-body aircraft, very large aircraft, fighter aircraft, regional transport aircraft, military transport aircraft, general aviation, rotary-wing aircraft, and UAV. The narrow-body aircraft segment led the market in 2018, and is expected to continue its dominance during the forecast period as well. Boeing anticipated that there would be the 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 chiefly drive the demand for commercial aircraft.  

    Air Data Systems Market Share: By Component Type

    Based on the component type, the market is segmented as electronic unit, probes, and sensors. The electronic unit segment is estimated to register the highest growth during the forecast period. The growth is owing to the compliance with the FAA-RVSM mandate, there should be an RVSM (Reduced Vertical Separation Minimum) compliant electronic unit for every aircraft flying between flight level (FL) 290 and 410 (inclusive).

    Air Data Systems Market Share: By Region

    In terms of regions, North America led the global air data systems market in 2018, and is expected to continue its dominance during the forecast period. The aviation industry is one of the most lucrative industries in North America, with giant aircraft manufacturers, such as Boeing (U.S.), Lockheed Martin (U.S.), Bell Helicopter (U.S.), Sikorsky Aircraft (U.S.), and Bombardier (Canada) present in the region. These manufacturers facilitate in generating demand for air data systems. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

    Some of the major players in the air data systems market are Ametek Inc., Aeroprobe Corporation, Astronautics Corporation of America, Curtiss-Wright Corporation, Financial Highlights, Honeywell International Inc., Meggitt PLC, Rockwell Collins, Inc., Shadin Avionics, and Thommen Aircraft Equipment.       

     

    Market Scope & Segmentation

    Air Data Systems is mainly a computer system in an aircraft that helps in determining the airspeed, instantaneous change in the speed, altitude, and others. This is done by taking data of air pressure, temperature, and others.

    Air Data Systems are used in diverse types of aircraft such as narrow-body aircraft, wide-body aircraft, very large aircraft, fighter aircraft, regional transport aircraft, military transport aircraft, general aviation, rotary-wing aircraft, and others. Civil and military, both the segments make use of the air data systems.

    This report studies the market covering a period of 12 years of trend and forecast. 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.

    Air Data Systems Market Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The air data systems market is segmented into the following categories. 

    Air Data Systems Market Size, Share, & Forecast, by End-User Type:

    • Civil (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Data Systems Market Size, Share, & Forecast, by Aircraft Type:

    • Narrow-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wide-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Very Large Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fighter Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Regional Transport Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Transport Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rotary-Wing Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • UAV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Data Systems Market Size, Share, & Forecast, by Component Type:

    • Electronic Unit (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Probes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sensors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Data Systems Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    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 1,000 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 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 the 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. 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)

    Market Segmentation

    • Current market segmentation of any one of the aircraft types by end-user 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 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]


    General Frequently Asked Questions (FAQs)

    What are Air Data Systems?

    Air Data Systems is mainly a computer system in an aircraft that helps in determining the airspeed, instantaneous change in the speed, altitude, and others. This is done by taking data of air pressure, temperature, and others. Air Data Systems are used in diverse types of aircraft such as narrow-body aircraft, wide-body aircraft, very large aircraft, fighter aircraft, regional transport aircraft, military transport aircraft, general aviation, rotary-wing aircraft, and others. Civil and military, both the segments make use of the air data systems.

    What will be the CAGR of the Air Data Systems Market?

    Air Data Systems Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Growth in the number of aircraft orders and deliveries and escalating demand for large military UAVs are the major factors expected to underpin the growth of the global air data systems market during the forecast period.

    Which country/region is expected to remain the largest Air Data Systems Market?

    In terms of regions, North America led the global air data systems market in 2018, and is expected to continue its dominance during the forecast period.

    Who are the key players in the Air Data Systems Market?

    Some of the major players in the air data systems market are Ametek Inc., Aeroprobe Corporation, Astronautics Corporation of America, Curtiss-Wright Corporation, Financial Highlights, Honeywell International Inc., Meggitt PLC, Rockwell Collins, Inc., Shadin Avionics, and Thommen Aircraft Equipment.

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