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Aircraft Sensors Market is Projected to Grow Expeditiously: USD 9.7 Billion Revenue by 2031, Claims AMR

05-13-2025 12:00 PM CET | Aerospace & Defense

Press release from: Allied Market Research

Aircraft Sensors Market is Projected to Grow Expeditiously: USD

According to the report published by Allied Market Research, the global aircraft sensors market generated $4 billion in 2021, and is projected to reach $9.7 billion by 2031, growing at a CAGR of 9.1% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

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The report offers a detailed segmentation of the global aircraft sensors market based on aircraft type, application, connectivity, end use, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest-growing segments and highest revenue generation that is mentioned in the report.

On basis of aircraft type, the fixed wings segment held the major market share in 2021, holding nearly three-fourths of the global aircraft sensors market share, and is expected to maintain its leadership status during the forecast period. However, the others segment, is expected to cite the fastest CAGR of 14.9% during the forecast period. The report includes rotorcraft segment.

Based on application, the flight decks segment held the largest market share in 2021, accounting for one-fourth of the global aircraft sensors market share, and is expected to maintain its leadership status during the forecast period. However, the weapon systems segment, is expected to cite the highest CAGR of 14.4% during the forecast period. The report also includes other segments such as fuel, hydraulic and pneumatic systems, engine/propulsion, cabin and cargo environmental controls, aerostructures and flight control, landing gear systems, and others.

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In terms of end use, the OEM segment held the major market share in 2021, contributing three-fourths of the global aircraft sensors market share, and is expected to maintain its leadership position during the forecast period. Moreover, the same segment, on the other hand, is expected to cite the fastest CAGR of 9.6% during the forecast period. The report also includes the aftermarket segment.

Region-wise, the market across the Asia-Pacific region held the major market share in 2021, holding more than one-third of the global aircraft sensors market share and is expected to maintain its leadership status during the forecast period. However, the Asia-Pacific aircraft sensors market is expected to cite the fastest CAGR of 10.4% during the forecast period. The report also analyses other regions such as Europe, North America, and LAMEA.

The key players analyzed in the global aircraft sensors market report include Ametek, Inc.

Auxitrol Weston

BAE Systems plc

The Curtiss-Wright Corporation

Eaton Corporation plc

General Atomics

General Electric Company

Honeywell International Inc.

Meggitt PLC

Raytheon Technologies Corporation

Safran S.A.

Schneider Electric SE

Smith Systems Incorporated

TE Connectivity

Thales Group

Thermocouple Technology, LLC

Woodward, Inc.

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Know More- https://www.globenewswire.com/news-release/2022/11/11/2554231/0/en/aircraft-sensors-market-size-to-accrue-9-7-billion-by-2031-allied-market-research.html

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.

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