Stratview Research announces the launch of a new market research report on Global Aircraft Interface Device (AID) Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), by Connectivity Type (Wire and Wireless), by Fit Type (Line Fit and Retrofit), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022
This market report from Stratview Research studies the aircraft interface device market over the period 2011 to 2022. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Aircraft Interface Device (AID) Market: Highlights
Stratview Research foresees an excellent growth of 12.5% CAGR in the aircraft interface device market over the next five years (2017 – 2022), which offers an opportunity to the aerospace industry players to align themselves with the market growth.
The author of the report stated that increasing deliveries of new commercial aircraft; requirement of efficient avionics integration system for real-time analytics; rising demand for easy access and low maintenance device; growing demand for better flight experience; and advancement in the technology are some of the growth drivers of the global aircraft interface device market.
Based on aircraft type, commercial aircraft has been the largest segment of the global aircraft interface device market and is forecasted to remain the largest segment over the next five years. The segment is also likely to witness the highest growth for the same period, driven by an increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737; an expected entry of upcoming aircraft, such as Comac C919; and rising aircraft fleet.
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In terms of connectivity type, wireless based aircraft interface device is projected to witness the highest growth over the next five years. Wireless interfaces will continue to replace the traditional wired interface devices as they offer several benefits, such as ease of access, better connectivity, better device interface, and ease of handling.
As per the study, North America is projected to remain the largest market for aircraft interface device during the forecast period. North America is the manufacturing capital of the aerospace industry with the presence of small to large OEMs in each aircraft category. However, Asia-Pacific is expected to experience the highest growth in the same period.
Astronics Corporation, United Technologies Corporation, Teledyne Controls, NavAero Inc., Rockwell Collins, and Esterline Technologies Corporation are the key players in the global aircraft interface device market. New product development and collaboration with OEMs are some of the key strategies adopted by companies to gain a competitive edge over other competitors.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on 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 research report:
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