Aircraft Sensors Market Worth US$ 2.1 billion in 2022

Stratview Research announces the launch of a new research report on Aircraft Sensors Market. This extensive report from Stratview Research, studies the Aircraft Sensors Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022. The 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.

Click here to read the detailed description: https://www.stratviewresearch.com/286/Aircraft-Sensors-Market.html

This Aircraft Sensors Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others) – Aerospace and Defense to remain the most dominant sector.
• by Sensors Type (Pressure Sensors, Temperature Sensors, and Others) – Tooling to remain most dominant application
• by Application Type (Engine, Airframe, and Others)-
● by Connectivity Type (Wire, and Wireless) – Out of Autoclave to witness healthy growth.
● and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

Go through the detailed TOC: https://www.stratviewresearch.com/toc/286/Aircraft-Sensors-Market.html

The Aircraft Sensors Market Insights
The aircraft sensors market offers attractive growth opportunities in the entire ecosystem of the market. The aircraft sensors market is expected to grow at a healthy CAGR of 5.8% over the next five years to reach US$ 2.1 billion in 2022. Increasing production rates of key commercial aircraft programs, the introduction of variants of the best-selling aircraft programs, market entry of players, rising aircraft fleet size, increasing electronic components in the next-generation aircraft, and high focus on passenger safety and fuel efficiency are major growth drivers of the aircraft sensors market.

Request a Sample here: https://www.stratviewresearch.com/Request-Sample/286/Aircraft-Sensors-Market.html

The aircraft sensors market is segmented based on the aircraft type as narrow-body aircraft, wide-body aircraft, very large aircraft, regional aircraft, general aviation, helicopter, military aircraft, and UAV. Narrow-body aircraft is expected to remain the largest segment of the aircraft sensors market during the forecast period, propelled by increasing aircraft deliveries to support rising passenger and cargo traffic, the introduction of variants of existing programs, and rising commercial aircraft fleet size. Airbus anticipated that approximately 34,900 commercial aircraft will be delivered during 2017-2036. This will create a sustainable demand for sensors during the forecast period.

Based on the application type, the aircraft sensors market is segmented as engine, airframe, flight deck & control system, fluid conveyance, landing gear, environment control system, interior, and others. Flight deck & control system is projected to remain the most dominant application type in the aircraft sensors market during the forecast period, propelled by rising aircraft deliveries, higher usage of sensors in the flight deck & control systems, and increased incorporation of avionics in the next-generation aircraft.

Based on the regions, North America is expected to remain the largest market for aircraft sensors during the forecast period as the region is the manufacturing capital of the aerospace & defense industry with the presence of several large- to small-sized aircraft OEMs, engine OEMs, tier players, sensor manufacturers, distributors, and raw material suppliers. Asia Pacific is expected to grow at the highest rate over the next five years, owing to upcoming commercial and regional aircraft programs and the world’s largest commercial aircraft fleet size.

The supply chain of this market comprises raw material suppliers, sensor manufacturers, distributors, tier players, aircraft OEMs, and airline companies. The key aircraft OEMs are Boeing, Airbus, Lockheed Martin, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airline companies are Lufthansa, Delta Air, Air China, and Singapore Airlines.

The key sensor manufacturers for the aircraft industry are Honeywell International Inc, TE Connectivity Ltd., UTC Aerospace Systems, Zodiac Aerospace, Ametek, Inc., Meggitt Plc, Safran Electronic & Defense, Curtiss-Wright Corporation, and Esterline Technologies Corporation. New product development, the formation of long-term contracts, and a wide geographical presence are some of the key strategies adopted by the key players to gain a competitive edge in the market.

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

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market/report/Aerospace-Defense.html

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

This release was published on openPR.