Press release
18+% CAGR to be Achieved by Aircraft Interface Device (AID) Market to 2027: Top Key Vendors- Astronics Corporation, Avio, Avionica, Collins Aerospace, Enterline Technologies Corporation, Global Eagle Entertainment
The global aircraft interface device (AID) market is accounted to US$ 159.8 Mn in 2018 and is expected to grow at a CAGR of 18.6% during the forecast period 2019 – 2027, to account to US$ 678.7 Mn by 2027.The Insight Partners reports titled “The Aircraft Interface Device (AID) Market” and forecast to 2027 gives a detailed analysis of the market with key company profiles. The Aircraft Interface Device (AID) Market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors in strategic decision making.
In 2018, North America accounted for the largest share in the aircraft interface device market, whereas, Asia-Pacific region is expected to be the fastest growing region. In the current market scenario, the end users in North America and the Asia Pacific have procured a maximum number of aircraft interface devices. These end users are also expected to continue to invest substantial amounts in the adoption of the aircraft interface devices, due to the increasing procurement of aircraft in these two regions. The APAC region is expected to witness significant growth in commercial aircraft, while the North America region is foreseen to observe a rise in the count of military aircraft during the forecast period. Thus, the increasing number of aircraft integrating new and advanced technologies will drive the aircraft interface device market in near future.
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Some of the key players operating in the aircraft interface device market are Astronics Corporation, Avio (Thales Group), Avionica, Collins Aerospace, Enterline Technologies Corporation, Global Eagle Entertainment, Honeywell International Inc., SCI Technologies, Inc., Teledyne Controls LLC, and Viasat Inc. among others.
Key Benefits
• The study provides an in-depth analysis of the global Aircraft Interface Device (AID) Market to elucidate the prominent investment pockets.
• Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
• The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
• The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
The report also puts forward the current and future market scenario derived precisely from a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The exhaustive PEST analysis is done for each region to assess major external factors which may influence the Industrial Aircraft Interface Device (AID) Market in the coming years.
Based on connectivity, the wired AID’s is expected to dominate the aircraft interface device market during the forecast period. The wired AIDs are low weight, has small form factor, and also supports several mounting options, which relieves the aircraft manufacturers or AID integrators from designing specific mounting options for their AIDs. The valuation of wired AIDs segment in the aircraft interface device market is expected to soar in the coming years, attributing to rising adoption of wired AIDs among the airlines and military forces.
The market study also includes the key drivers expected to boost the market growth and restraining factors along with future opportunities during the forecast. The Industrial Aircraft Interface Device (AID) Market is likely to showcase symbolic growth opportunities owing to growing demands for Industrial Aircraft Interface Device (AID) across the globe. The market report highlights top ten companies’ operation strategy in the market through a descriptive SWOT analysis of each company, business overview, products and services, financial statements of last three years, and key developments and product launches by the company in recent years.
GLOBAL Aircraft Interface Device DEVICE MARKET SEGMENTATION
Global Aircraft Interface Device Market - By Platform
• Hardware
• Software
Global Aircraft Interface Device Market - By Connectivity
• Wired
• Wireless
Global Aircraft Interface Device Market - By Fit Type
• Line Fit
• Retrofit
Global Aircraft Interface Device Market - By Aircraft Type
• Fixed Wing
• Rotary Wing
Global Aircraft Interface Device Market – By Geography
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)
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Email Id : sam@theinsightpartners.com
Website: https://www.theinsightpartners.com
About Us –
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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