PUBLISHER: TechNavio | PRODUCT CODE: 1405619
PUBLISHER: TechNavio | PRODUCT CODE: 1405619
The aircraft sensors market is forecasted to grow by USD 2.68 bn during 2023-2028, accelerating at a CAGR of 8.75% during the forecast period. The report on the aircraft sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased usage of sensors for data sensing and measurement, surging usage of aircraft sensors in UAVs, and high demand for aircraft fleets and automation techniques.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.15% |
CAGR | 8.75% |
Incremental Value | $2.68bn |
Technavio's aircraft sensors market is segmented as below:
By End-user
By Connectivity
By Geographical Landscape
This study identifies the growing demand for advanced flight data monitoring as one of the prime reasons driving the aircraft sensors market growth during the next few years. Also, the increasing adoption of IoT and AI and the emergence of remote monitoring and diagnostic systems will lead to sizable demand in the market.
The report on the aircraft sensors market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft sensors market vendors that include AMETEK Inc., Auxitrol Weston, Collins Aerospace, Conax Technologies, Crane Aerospace Electronics, Curtiss Wright Corp., Eaton Corp. Plc, Honeywell International Inc., Hydra Electric Co., Parker Hannifin Corp., Roper Technologies Inc., Safran SA, Senior Aerospace Ketema, Sensata Technologies Inc., Thales Group, Variohm Eurosensor Ltd., WIKA Alexander Wiegand SE and Co. KG, Woodward Inc., and XJCSENSOR. Also, the aircraft sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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