Press release
Aircraft Computers Market Trends Toward USD 8.7 Billion with CAGR 6.7% of and Emphasis on Onboard Computing Excellence.
aircraft computers market
According to MRFR analysis, the aircraft computers market is expected to register a CAGR of~6.7% from 2022 to 2030 and hold a value of over USD 8.7 billion by 2030.
The Aircraft Computers Market refers to the market for computer systems and components that are used in the operation, control, and management of aircraft. This includes a wide range of electronic systems and components that are critical to the safe and efficient operation of modern aircraft, such as flight management systems, navigation systems, communication systems, avionics systems, and cockpit displays.
The demand for aircraft computers and related components is driven by the growing global demand for air travel, increasing safety regulations, and the need for more efficient and reliable aircraft.
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The COVID-19 pandemic had a significant impact on the Aircraft Computers Market. The aviation industry has been severely impacted by the pandemic, with travel restrictions, border closures, and reduced demand for air travel leading to a sharp decline in passenger traffic and aircraft utilization. This has resulted in a significant reduction in orders for new aircraft, as airlines have had to scale back their operations and defer aircraft deliveries.
Regional Analysis-
The largest region for the Aircraft Computers Market is North America.North America is home to some of the world's leading aerospace and defense companies, such as Boeing, Lockheed Martin, and Northrop Grumman, among others. These companies have a strong presence in the Aircraft Computers Market, providing a range of high-tech products and services to aircraft manufacturers and operators around the world.
Other regions that are significant players in the Aircraft Computers Market include Europe, Asia Pacific, and the Middle East. Europe is home to some of the world's leading aerospace companies, such as Airbus and Leonardo.
Market Segmentation-
The aircraft computers market has been segmented into type, platform and end-user.
Based on the type, the market has been segmented into flight controls, flight management computers, engine control and utility controls.
Based on the platform, the market has been segmented into fixed wing, rotary wing and UAV.
Based on the end-user, the market has been segmented into OEM and aftermarket.
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Key Companies in the Aircraft Computers Market include -
Boeing (US)
Bombardier Inc. (Canada)
GE Aviation (US)
Kontron S&T AG (Germany)
General Dynamics Mission Systems, Inc. (US)
Garmin Ltd. (US)
BAE Systems (UK)
Cobham Limited (UK)
Curtiss-Wright Corporation (US)
Esterline Technologies (US)
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Aircraft Computers Industry Developments -
In the year 2021
One of the leading market players, Garmin Ltd had announced that their product GFC 500 had received certification from the federal aviation administration, and hence it can be used in various aircrafts such as Beechcraft 19 sport, Beechcraft 23 musketeer, or sundowner, Beechcraft 24 musketeer and sierra aircraft models as well.
In the year 2022
One of the leading market players, Microsoft Flight simulator piper had announced tomahawk which features 4096 X 4096 PBR materials which also includes passenger doors and cockpit windows, sun visors, and significant other facilities. Tablet EFB is used to control various aircraft options and adjust the options such as cold and dark, Ready for takeoff, ready for the start.
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