Aircraft Pressure Sensors Market is Forecasted to Reach US$ 1.04 billion in 2028, Says Stratview Research

The global aircraft pressure sensors market is projected to witness a growth rate of 10.6% annually from 2023 to 2028, with an anticipated size of US$ 1.04 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft pressure sensors market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2028: US$ 1.04 billion
Growth (CAGR): 10.6% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Pressure Sensors Market:
The global aircraft pressure sensors market is segmented based on aircraft type, sensor type, application type, end-user type, and region.

Based on aircraft type - The aircraft pressure sensors market is segmented into commercial aircraft, general aviation, regional aircraft, military aircraft, helicopter, and unmanned aerial vehicles. Commercial aircraft is expected to remain the dominant aircraft type in the market during the forecast period owing to the increasing air passenger traffic coupled with an expected increase in production rates of key aircraft programs. Pressure sensors are deployed in several crucial sections of commercial aircraft such as landing gear, engine, cabin, and flight control systems.

Based on the sensor type - The market is segmented into differential pressure sensor, absolute pressure sensor, and gauge pressure sensor. The differential pressure sensor is expected to remain the dominant as well as the fastest-growing sensor type in the market during the forecast period as these sensors have a pressure-sensitive component that allows them to detect, watch over, and measure the pressure being applied at their ends. It provides an aid in acquiring the data required for the system to give the reader broader information. It also includes electronic components for transforming the calculated information into an output signal.

Based on the application type - The market is segmented as engine; landing gears, wheels & brakes; flight control systems; cabin, cargo & ECS; and others. Engine is expected to remain the dominant application type in the market during the forecast period, owing to the high usage of pressure sensors in the compressor, turbine, and gearbox section.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/3108/aircraft-pressure-sensors-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for aircraft pressure sensors during the forecast period. This growth outlook is majorly attributed to the following-
- The region, especially the USA, is the manufacturing hub of the aerospace industry with the presence of a large number of industry stakeholders, such as aircraft and aero-engine OEMs, tier players, and raw material suppliers.
- This has led the region to be the forerunner of the aircraft industry.
- On the other hand, Asia-Pacific is set to grow at the highest rate in the years to come, propelled by several factors among which the opening of assembly plants of key OEMs and high focus on the development of aircraft programs indigenously are the major ones.

Aircraft Pressure Sensors Market Drivers:

Some of the key drivers listed in the report are given below.
- Rising air passenger traffic, boosting aircraft production and modernization.
- Increasing demand for fuel-efficient aircraft and advancements in sensor technology enhance accuracy and reliability.
- Additionally, strict safety regulations and growing adoption of unmanned aerial vehicles (UAVs) foster innovation.
- Emerging markets' investment in aviation infrastructure also fuels demand for advanced pressure sensors, creating new growth opportunities globally.

Top Companies in the Aircraft Pressure Sensors Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Crane Holdings Co.
• TE Connectivity
• Thales Group
• Meggitt PLC
• Curtiss-Wrights Corporation
• Transdigm Group, Inc. (Auxitrol Weston)
• Ametek Inc.
• Honeywell Incorporation Inc.
• Kulite Semiconductor Products, Inc.
• Amphenol Corporation.

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Pressure Sensors Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• Aircraft Sensors Market: https://www.stratviewresearch.com/286/Aircraft-Sensors-Market.html

• Aircraft Landing Gear Market: https://www.stratviewresearch.com/694/aircraft-landing-gear-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.