Air Data Systems Market 2021 Startegic Assessment- Honeywell International Inc., Thommen Aircraft Equipment Ltd., Collins Aerospace (Raytheon Technologies), Curtiss-Wright

The report presents an in-depth assessment of the Air Data Systems Market including enabling technologies, key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Air Data Systems investments from 2021 till 2025.

The air data systems market is anticipated to register a CAGR of over 4% during the forecast period (2020 - 2025).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Air Data Systems Market: Honeywell International Inc., Thommen Aircraft Equipment Ltd., Collins Aerospace (Raytheon Technologies), Curtiss-Wright, AMETEK.Inc, Astronautics Corporation of America, Shadin Avionics, Meggitt PLC, Aeroprobe Corporation

Key Developments:

Companies are investing significantly in research and development of air data systems and are launching new products to increase their market share. Collins Aerospace launched the latest generation of SmartProbe Air Data Systems which integrates sensing probes, pressure sensors, and powerful air data computer processing to provide all critical air data parameters, including pitot and static pressure, air, speed, altitude, angle of attack, and angle of sideslip. Likewise, in August 2017, Aeroprobe Corporation added two new Micro Air Data Computers (_ADC) to its product line.

Market Overview:

- Air data systems relay vital information for aircraft flight control by providing accurate measurements over a wide range of angles of attack and airspeeds. Increasing demand for new aircraft by airlines and armed forces across the globe are the major driving factors for the air data systems market.
- The R&D investments to develop advanced air data systems will further propel the growth of the market in the coming years.

Regional Analysis:

For comprehensive understanding of market dynamics, the global Air Data Systems Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Key Market Trends
Commercial Segment Held the Major Market Share in 2019
The Commercial segment held the largest market share in 2019. The larger share of the segment is primarily due to the high rate of production and delivery of commercial aircraft compared to military aircraft. Though 2019 saw a large dip in commercial aircraft production and deliveries due to the grounding of Boeing 737MAX aircraft, the overall deliveries are expected to come to normalcy in the coming years, thereby propelling the demand for the air data systems for the commercial aircraft. Several commercial airlines have fleet procurement plans with deliveries spanning the forecast period. For instance, in November 2019, Air Arabia, a low-cost carrier based in the UAE, ordered 170 Airbus A320 aircraft worth USD 14 billion. Likewise, in December 2019, the US-based United Airlines ordered 50 Airbus A321XLR aircraft to replace its aging Boeing 757-200s, with plans to use the new aircraft for international service from 2024. The demand for new commercial aircraft is expected to propel the demand for air data systems, thereby helping the growth of the segment during the forecast period.

The report has 150 tables and figures browse the report description and TOC:

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Air Data Systems Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Air Data Systems Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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