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Aircraft Computers Market Report
Aircraft Computers Market is Segmented by Type (Flight Controls, Engine Controls, Mission Controls, Flight Management Computers (FMC), and Utility Controls), by Platform Type (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and Unmanned Aerial Vehicles), by End-User Type (OEM, Aftermarket), by Component Type ...
Impact of COVID-19 on Aircraft Computers Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 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 Computers Market is likely to witness an impressive CAGR of 7.2% during the forecast period. The retrofit activities in the general aviation market and the increasing aircraft deliveries across the globe are the major factors expected to drive the growth of the aircraft computers market during the forecast period.
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Aircraft Computers Market - Snapshot |
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|---|---|
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Growth |
7.2% for the next five years |
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Major Type |
Flight controls |
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Major Platform Type |
Fixed-wing aircraft |
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Dominant End-User Type |
OEM Market |
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Region with the highest demand |
North America |
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Key Players |
BAE Systems, Cobham PLC, Curtiss-Wright Corporation, Esterline Technologies Corporation, Honeywell International INC., Rockwell Collins, Saab SA, Safran S.A, Thales Group, and United Technologies Corporation. |
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Based on the type, the market is segmented as 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 owing to the fact that flight control computers aid the pilot in managing the speed, altitude, and direction of the aircraft.
Based on the platform type, the market is segmented as 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 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 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.
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.
In terms of regions, the North American region was the largest market for aircraft computers in 2018, and is expected to maintain its leadership during the forecast period. 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 aircraft computers 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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Aircraft computers are today quite important as they are useful for various purposes such as designing airplanes, controlling in-flight activities, ensuring safety during the travel, and so on. Both hardware and software have roles to play in the operations of aircraft.
Aircraft computers can be of various types such as flight controls, engine controls, flight management computers, mission computers, and utility controls. Both OEM and Aftermarket are the end-users of aircraft computers.
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.
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Aircraft Computers Market Report - Features |
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|---|---|
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The aircraft computers market is segmented into the following categories.
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Some of the major players in the aircraft computers market are-
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 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 the qualitative and quantitative insights.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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 sales@stratviewresearch.com
Aircraft computers are today quite important as they are useful in various purposes such as designing airplanes, controlling in-flight activities, ensuring safety during the travel, and so on. Both hardware and software has roles to play in the operations of aircraft. Aircraft computers can be of various types such as flight controls, engine controls, flight management computers, mission computers, and utility controls. Both OEM and Aftermarket are the end users of aircraft computers.
Aircraft Computers Market is likely to witness an impressive CAGR of 7.2% during the forecast period. The retrofit activities in the general aviation market and the increasing aircraft deliveries across the globe are the major factors expected to drive the growth of the aircraft computers market during the forecast period.
In terms of regions, the North American region was the largest market for aircraft computers in 2018, and is expected to maintain its leadership during the forecast period.
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, and United Technologies Corporation.
The retrofit activities in the general aviation market and the increasing aircraft deliveries across the globe are the factors driving the growth of aircraft computers market.
The fixed-wing aircraft segment is expected to lead the aircraft computers market in the coming years.
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