Aircraft EWIS Market is Forecasted to Reach US$ 3.1 billion in 2028, Says Stratview Research

The global aircraft EWIS market is projected to witness a growth rate of 9.5% annually from 2023 to 2028, with an anticipated size of US$ 3.1 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 EWIS 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$ 3.1 billion
Growth (CAGR): 9.5% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 6
Number of Tables & Graphs: 100+

Segment Insights on the Aircraft EWIS Market:
The global aircraft EWIS market is segmented based on platform type, application type, product type, purpose type, end-user type, and region.

Based on platform type - The aircraft EWIS market is segmented into commercial aircraft, regional aircraft, general aviation, military aircraft, and helicopters. Commercial aircraft is expected to remain the largest and fastest-growing platform type in the market during the forecast period. The increasing production rate of various commercial aircraft is the major factor behind the exceptional growth in the commercial aerospace category. Boeing, in its recent commercial market outlook 2022-2041, predicted the deliveries of 41,170 commercial and regional aircraft in the next twenty years, assuring progressive growth in the long term.

Based on the application type - The market is segmented into avionics, interiors, propulsion systems, airframes, and others. The interior segment held the dominant position in 2022 and is expected to grow at the fastest pace during 2023-2028. The increased focus of airlines on enhancing passenger experiences and the upgradation of the existing fleet with new IFE systems are the major factors behind the dominance of the interior segment.

Based on the end-user type - The aircraft EWIS market is segmented into OE and aftermarket based on the end-user type. OE is estimated to remain the sole source of demand for EWIS in the foreseeable future. The aftermarket holds a negligible share of the market. EWIS do not need to be replaced because their life span is almost the same as the aircraft's life.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/3446/aircraft-ewis-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 EWIS during the forecast period. This growth outlook is majorly attributed to the following-
- The USA is the growth engine of the region's market, with the presence of major aircraft OEMs, tier players, EWIS players, and MRO companies.
- Most of the major players in the EWIS market have their presence in the region to cater to the emergent needs of OEMs and to be the partners for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.
- Asia-Pacific is likely to witness the highest growth during 2023-2028. The region's market is majorly driven by the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus in China for multiple programs; increasing production and procurement of military aircraft owing to the rising defense budget and growing territorial disputes among key economies; and the upcoming indigenous aircraft program C919.
- China, Japan, and India are expected to remain the growth engines of the Asia-Pacific market.

Aircraft EWIS Market Drivers:

Some of the key drivers listed in the report are given below.
- An expected rise in the production rate of key programs.
- The entry of programs (B777x, C919, and MC-21).
- An expected rise in the aircraft fleet size.
- Increasing investments in electrical aircraft.
- Increasing use of wires & cables in modern aircraft.

Top Companies in the Aircraft EWIS Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Safran S.A.
• Latécoère
• GKN Aerospace (Part of Melrose PLC)
• Ducommun Incorporated
• Carlisle Companies Inc.
• Amphenol Corporation
• Glenair

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft EWIS 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:

• EWIS Market: https://www.stratviewresearch.com/1881/ewis-market.html

• Aircraft Airframe Fuel Systems Market: https://www.stratviewresearch.com/311/Aircraft-Airframe-Fuel-Systems-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.