Aircraft Computers Market Growth Analysis | 2023-2028

Market Insights

The Aircraft Computers Market was estimated at US$ 5.3 billion in 2022 and is expected to grow at a CAGR of 6.4% during 2023-2028 to reach US$ 7.74 billion in 2028.

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What are Aircraft Computers?

Aircraft computers are electronic systems integral to aircraft operations. They include Flight Control Computers (FCCs), Avionics Control Computers (ACCs), and Mission Computers. FCCs manage flight stability and control surface movements, ensuring safe flight. ACCs handle communication, navigation, and system monitoring. Mission Computers process data for mission-specific tasks, such as weapon control in military aircraft. These computers enhance safety, navigation, and mission capabilities by swiftly processing data and executing commands. They play a crucial role in modern aviation, benefiting both commercial and military aircraft.

Market Dynamics

The major factors expected to drive the growth of the Aircraft Computers Market during the forecast period are-

• Continuous innovation drives the aircraft computers market, enabling advanced avionics and automation.

• Increasing air traffic necessitates, more advanced and reliable aircraft computers for navigation and communication.

• Improved user interfaces enhance pilot interaction with aircraft computer systems.

• Defense forces invest in advanced mission computers and avionics for military aircraft.

• Artificial intelligence is integrated into aircraft computers for improved decision-making and autonomous systems.

• Aircraft computers support data analytics for maintenance and performance optimization.

• Aircraft computers play a role in fuel efficiency and emissions reduction, aligning with environmental goals.

Segments Analysis

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By Type

The aircraft computers market is segmented into flight controls, engine controls, mission controls, flight management computers (FMC), and utility controls. The flight controls segment is estimated to register substantial growth during the forecast period. The growth is because flight control computers aid the pilot in managing the speed, altitude, and direction of the aircraft.   

By Platform Type

The market is segmented into fixed-wing aircraft, rotary-wing aircraft, and unmanned aerial vehicles. The fixed-wing aircraft segment is estimated to lead the market during the forecast period, driven by the rising demand for commercial and military fixed-wing aircraft. The commercial fixed-wing aircraft market is anticipated to increase owing to the rising air passenger traffic. Boeing anticipated that there would be a total delivery 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 combined 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 majorly drive the demand for commercial aircraft.  

By End-User Type

Based on the end-user type, the market is segmented as OEM and aftermarket. The OEM market segment is estimated to grow at a higher CAGR during the forecast period. The high growth is owing to aircraft upgrade programs and the adoption of aircraft computers to be installed on advanced aircraft coming out of the production bay.  

Regional Analysis

In terms of regions, the North American region was the largest market for aircraft computers and is expected to maintain its leadership during the forecast period. The presence of giant aircraft manufacturers, such as the Boeing Company (US) and Bombardier Inc. (Canada) is boosting the aircraft computers market in this region. The market in the European and Asia-Pacific regions is also likely to depict a sizeable growth driven by the increasing demand for wide-body and large aircraft.

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Key Players

Some of the major players in the aircraft computers market are-

• BAE Systems
• Cobham plc
• Curtiss-Wright Corporation
• Esterline Technologies Corporation
• Honeywell International Inc.
• Rockwell Collins
• Saab SA
• Safran S.A.
• Thales Group
• United Technologies Corporation

Research Methodology

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 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.

Report Features

This report provides market intelligence most comprehensively. 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?

Customization Option

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 product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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