Aircraft Interface Device (AID) Market to Grow at 18.6% CAGR to Reach $678.7 Million by 2027 Led by Collins Aerospace, Avionica, Avio (Thales Group), Astronics Corporation, Teledyne Controls, Viasat, Esterline Technologies, Global Eagle Entertainment, SCI

The Global Aircraft Interface Device (AID) Market to grow at a CAGR of 18.6% during 2019-2027 to reach $678.7 Million by 2027 from $159.8 Million in 2018 driven by Accentuating Demand of Connected Aircrafts and Increasing Number of Low Cost Carriers to Accentuate the Demand; while APAC is anticipated to be the fastest growing region, and North America is the highest revenue contributor throughout the forecast period in the Aircraft Interface Device market owing to an estimated passenger count of 3.5 Billion by 2036 as compared to 1.4 Billion in 2016. Attributing to the triggering passenger's count in economies such as China, India, Indonesia, and Japan, the APAC region is making significant advancements in aerospace sector on year on year basis.

In North America, the US market for AID has gained significant popularity. Attributing to the rising security concerns among the airlines as well as the US government regulations, the aircraft manufacturers witnessed substantial demand for line fitting of AID.

Whereas, in Europe, the development in modern aircraft in the commercial and military aircraft module is driving the AID market. The economic stability in the region is helping the airliners and the defense forces to procure more aircraft to meet the demand for air travel and strengthening military forces. The demand for new modern aircraft in the commercial aircraft module, as well as military aircraft module in the region, is catalyzing the growth of AID across the European countries.

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A significant investments towards the manufacturing of new aircrafts with enhanced capabilities of aircrafts such as electronic aeronautical charts, satellite weather updates, airport moving maps (AMMs), and software compatibility with the Federal Aviation Administration (FAA) Next Generation Air Transportation System (NextGen) as well as adoption of advanced technologies is impacting positively on the growth of the North American AID market in the current scenario.

The major players operating in the AID market include Astronics Corporation, Avio (Thales Group), Avionica, Collins Aerospace, Esterline Technologies Corporation, Global Eagle Entertainment, Honeywell International Inc., SCI Technologies, Inc., Teledyne Controls LLC, and Viasat Inc. among others.

These companies are facilitating the AID to the commercial airlines and military forces aircraft to procure advanced avionics components. The awareness among the end users related to the benefit offered by the AID is continuously escalating. The increasing number of contracts in the field of the aircraft interface device is harnessing the business of market players operating in the AID ecosystem. Thus, the future of the AID market is foreseen to be flourishing with the increasing number of partnerships, and contracts, related to the modification of existing aircraft fleet and procurement of new aircraft fleet. For instance, in 2017, Lufthansa Technik awarded UTC Aerospace to line fit Lufthansa Airline’s new Airbus A320 fleet with options for up gradation of the existing fleet.

Aircraft Interface Device (AID) Market Strategic Insights:

New market initiatives were observed as the most adopted strategy in the global Aircraft Interface Device market. Few of the recent market initiatives are listed below:

2018: United Technologies acquired Rockwell Collins for $30 billion. This acquisition is expected to add tremendous capabilities to UTC’s aerospace businesses and strengthens complementary offerings of technologically advanced aerospace systems.

2017: Teledyne entered into an agreement with Avionics Support Group, Inc., for promoting GroundLink® Aircraft Interface Device+, Teledyne's AID solution, through ASG's verified range of patented Electronic Flight Bag (EFB) mounting as well as power devices for delivering a comprehensive connectivity solution to its customer.

2016: Thales announced the acquisition of Aviovision, and renamed the company as “AVIO”. Through this acquisition, Thales extends its Electronics Flight Bag portfolio which ranges from full systems to state-of-the-art applications. Also, the acquisition led Thales to supply Aircraft Interface Device to its customers.

In the past years, aircraft interface device market has noticed noteworthy product innovation and partnership activity. Some of the significant deals include, in 2018 United Technologies acquired Rockwell Collins for $30 billion. This acquisition is expected to add tremendous capabilities to UTC’s aerospace businesses and strengthens complementary offerings of technologically advanced aerospace systems. The strategic acquisition would enhance the company’s product portfolio and presence in North America.

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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.
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.

Key findings of the study:

The US holds the largest aircraft interface device market share in the North America region. US is the major city which is experiencing a massive demand for retrofitting of AID’s and is continuously adopting technological advancements. This factor has led the OEMs to integrate advanced technologies for flight tracking, quick access recording, aircraft condition monitoring system (ACMS), and many more.

For instance, in 2018, Astronics Corporation was selected by Norwegian Air Shuttle ASA to opt the company’s webFB Wireless Electronic Flight Bag device for fleet data acquisition. This factor would help the US market to sustain its share in the aircraft interface device market.

Market initiatives such as acquisitions, partnerships, and contracts are expected to be the key growth strategy to be adopted by players for the next two-three years. However, such strategy impacts the competition; it is also expected to generate new product and market opportunities as recently combined companies will thrive to maintain position and profitability.

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This release was published on openPR.