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Aircraft Wheel Scanning System Market In-Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis by 2028
Aircraft Wheel Scanning System Market
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According to the report, the aircraft wheel scanning system (AWSS) market is expected to witness rapid growth due to several reasons. For instance, the increased air travel is resulting in long flight hours, which amplify the wear and tear of aircraft wheels. Thus, the recurrence of wheel inspection is expected to amplify the aircraft wheel scanning system market growth.
Segmentation-
On the basis of the system, the market is divided into optical scanners, laser scanners, and structured light scanners. On the basis of components, the market divides into software and hardware. On the basis of aircraft type, the market segments into rotary-wing aircraft and fixed-wing aircraft. Geographically, the market is categorized into North America, Europe, Asia Pacific, and the Rest of the World.
The report follows top-down and bottom-up approaches for a thorough assessment of the market. The report presents key insights into the competitive landscape of the AFSS market, including information regarding the rankings and positioning of major players. The report incorporates Porters' Five Forces Analysis and PESTLE Analysis for an infallible prediction. The report also contains information gathered through interviews with reputed stakeholders at regional, country, and global levels. The report also highlights the recent industry developments and contains information on the key trends, new product launches, expansions, and acquisitions in the prospected market.
Drivers & Restraints-
Development of Advanced Scanners to Augment Market Growth
An increase in demand for lightweight aircraft has generated a need for strong yet lightweight wheel development. Scanning systems assist in designing and developing aircraft wheels. This is expected to aid market growth. The rising air travel is also amplifying the wheel inspection frequency due to maintenance and safety concerns. This is also likely to stimulate market growth in the forthcoming years. The market growth is further expected to be driven by the continuous evolution of scanning technology. The development of advanced scanners by major players like GOM GmbH and Hexagon AB is further expected to augment the market growth.
However, the immense cost of the scanning system is expected to hinder the market growth.
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Regional Insights-
North America to Register an Excellent CAGR
With key aircraft manufacturers and MRO service providers present in the region, North America is expected to dominate the global aircraft wheel scanning system market share.
Increasing tourist travel through air is expected to bring significant growth to Europe.
Increasing air travel due to improving economic conditions in countries like India and China are expected to assist the market growth in Asia Pacific. Hence, the region is expected to witness strong growth in the forthcoming years.
Competitive Analysis-
Development of Advanced AFSS technologies to Aid Market Growth
The AFSS market consists of several key players at regional and global levels. These players are focusing on innovating new technologies for the aviation and aerospace industries. For instance, JIREH Industries released a new nozzle scanner that facilitates semi-automatic inspection of nozzle and fitting welds using the robust chain scanner platform.
Industry Developments-
May 2020: A contract worth USD 137 million was signed by Piaggio Aerospace for the support, maintenance, and scanning of wheels of the P180 Avantis fleet operated by the Italian Armed Forces.
July 2019: Hexagon AB released a portable laser scanner named RS6 3D. The measuring machine offers speed, high accuracy, and convenience.
Key Players in the Aircraft Flight Control Systems Market:
Hexagon AB (Sweden)
GOM GmbH (Germany)
FARO Technologies (The U.S.)
Autodesk Inc. (The U.S.)
Creaform Inc. (Canada)
Fuel3D Technoligies Limited (The U.K.)
Nikon Metrology NV (The U.S.)
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