DUBLIN--(BUSINESS WIRE)--The "Global Aircraft Sensors Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global market for aircraft sensors was valued at US$ 1,653.2 Mn in 2017 and is expected to cross US$ 2,686.5 Mn by 2026 at a CAGR of 5.7% from 2018 to 2026.
Miniaturization of sensors and adaptation of wireless sensor networks (WNS) helps reducing flight weight and ultimately results into lower operating costs for airline service providers. All the above mentioned factors are expected to spur the demand for aircraft sensors throughout the forecast period from 2018 to 2026.
At present, North America is the largest regional market and U.S. is the largest individual market for aircraft sensors due to presence of formidable aerospace industry. Asia Pacific is expected to witness the fastest growth as all major airline service providers are focusing to enhance their operations to meet the demand from domestic air travelers in major countries including India, China and Southeast Asia countries.
The global aircraft sensor industry is highly competitive and prominent manufacturers focusing on new product development to cater the airline service industry's demand for aircraft weight reduction and lower maintenance cost. In addition, sensor manufacturers are developing long term partnerships with aircraft manufacturers to maintain their sustainability in competitive environment.
- Rising Number of Air Travelers in the Asia Pacific region
- Increasing Demand for advanced Aircraft Technology
- Increasing Deployment of IoT in Aviation Industry
- Decreasing Demand for Wide-body Aircrafts
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Aircraft Sensors Market Analysis, By Technology
Chapter 5 Global Aircraft Sensors Market Analysis, By Aircraft Type
Chapter 6 North America Aircraft Sensors Market Analysis
Chapter 7 Europe Aircraft Sensors Market Analysis
Chapter 8 Asia Pacific Aircraft Sensors Market Analysis
Chapter 9 Rest of the World Aircraft Sensors Market Analysis
Chapter 10 Company Profiles
- UTC Aerospace Systems
- Honeywell International Inc.
- TE Connectivity Ltd.
- Zodiac Aerospace
- Meggitt Plc.
- Safran Electronic & Defense
- Ametek, Inc.
- Curtiss-Wright Corporation
- Esterline Technologies Corporation
- Thales Group
- The Raytheon Company
For more information about this report visit https://www.researchandmarkets.com/research/x7kqb7/global_aircraft?w=4