Global Aircraft Sensors
Market Report
2024
Aircraft sensors market size is USD 4.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global aircraft sensors market size is USD 4.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Aircraft Sensors Market Sales Revenue 2024 | $ 4.7 Billion |
Global Aircraft Sensors Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.3% |
Market Split by End-Use |
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Market Split by Sensor Type |
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Market Split by Aircraft Type |
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Market Split by Application |
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Market Split by Connectivity |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Aircraft Sensors Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Aircraft sensors are essential for several systems that monitor and operate the plane to ensure safe and efficient flight. A number of factors are contributing to the expansion of the market, the most important of which is the rising need for new aircraft sensors on a global scale. The industry is expected to experience growth due to the growing involvement of aircraft OEMs in connected aircraft. The aircraft sensors market is anticipated to be driven by the increasing need for technologically sophisticated planes to replace older fleets and the widespread use of wireless sensors in both civilian and military applications in the coming year. The expansion of the aircraft sensors market is also driven by improved connectivity and expanded networking all across the world; air transport services are easily available. Worldwide, people favor air travel since it is convenient and saves time. As a result, the global rise in aircraft services is driving the market dynamics for aircraft sensors.
Growth in aircraft output and fleet size-Aircraft production is increasing in tandem with the demand for air travel around the world, particularly in developing economies. New aircraft must have more sensors to keep up with this expansion, which is propelling the market ahead. Market growth is accelerated by the demand for aircraft sensors, which is driven by the increasing use of unmanned aerial vehicles in both civilian and military settings.
One major obstacle is that the research and development expenditures for sophisticated aircraft sensors need to be large enough to meet the demanding standards of the aviation industry. Another factor expected to slow down the market is the addition of newly developed sensor technology to already-existing aircraft, which can be more complex.
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In January 2024, Airbus and Parker Meggitt, a division of Parker Hannifin Corporation, a world leader in motion and control technology, have announced a collaboration to create an energy buffer for the ZEROe aircraft demonstration.
Top Companies Market Share in Aircraft Sensors Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the aircraft sensors market because of the rise in air travel. Aircraft sensors are in high demand due to the increasing need for new aircraft deliveries. The market for aircraft sensors is expected to experience expansion due to advancements in regional and commercial aircraft programs. Aircraft manufacturing and avionics are also experiencing technological breakthroughs in the region. In addition, because of the proximity of the area’s aircraft engine producers and the many aircraft sensor manufacturers in this region.
Asia-Pacific stands out as the fastest-growing region in the aircraft sensors market because the region’s air traffic is increasing rapidly, numerous significant original equipment manufacturers are located there, and new, technologically based systems that significantly reduce fuel consumption are being adopted quickly. In addition, developing nations like India and China are planning to pour more money into the aviation sector, which should drive demand in this region.
The current report Scope analyzes Aircraft Sensors Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Aircraft Sensors Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aircraft Sensors Industry growth. Aircraft Sensors market has been segmented with the help of its End-Use, Sensor Type Aircraft Type, and others. Aircraft Sensors market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, OEMs are the dominant category because commercial airlines are in high demand. Additionally, commercial aircraft production is skyrocketing worldwide to accommodate the ever-increasing demand for air travel. Manufacturing aircraft frequently necessitates tailored sensor technologies to fulfill precise performance and design standards. Gaining additional contracts and strengthening partnerships with aircraft manufacturers are potential outcomes for OEMs that can offer such customized solutions, which in turn boosts the growth of the aircraft sensors market.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Aircraft Sensors from 2019 to 2031. This will also help to analyze the demand for Aircraft Sensors across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Sensor Type of Aircraft Sensors are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aircraft Sensors Market is witnessing significant growth in the near future.
In 2023, the OEM segment accounted for noticeable share of global Aircraft Sensors Market and is projected to experience significant growth in the near future.
The Pressure Sensors segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Honeywell (US) , Meggitt PLC (UK) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
End-Use | OEM, Aftermarket |
Sensor Type | Pressure Sensors, Temperature Sensors, Force Sensors, Torque Sensors, Speed Sensors, Position & Displacement Sensors, Level Sensors, Proximity Sensors, Flow Sensors, Optical Sensors, Motion Sensors, Radar Sensors, Smoke Detection Sensors, GPS Sensors, Others |
Aircraft Type | Fixed-wing, Rotary-wing, Unmanned Aerial Vehicles, Advanced Air Mobility |
Application | Fuel, Hydraulic, and Pneumatic Systems, Engine/Propulsion, Cabin & Cargo Environmental Controls, Aerostructures & Flight Control, Flight Decks, Landing Gear Systems, Weapon Systems, Others |
Connectivity | Wired Sensors, Wireless Sensors |
List of Competitors | Honeywell (US), TE Connectivity (US), Meggitt PLC (UK), AMETEK Inc. (US), Safran (France) |
This chapter will help you gain GLOBAL Market Analysis of Aircraft Sensors. Further deep in this chapter, you will be able to review Global Aircraft Sensors Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation End-Use Analysis 2019 -2031, will provide market size split by End-Use. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by End-Use Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Sensor Type Analysis 2019 -2031
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Chapter 12 Market Split by Aircraft Type Analysis 2019 -2031
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Chapter 13 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Connectivity Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aircraft Sensors market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why OEM have a significant impact on Aircraft Sensors market? |
What are the key factors affecting the OEM and Aftermarket of Aircraft Sensors Market? |
What is the CAGR/Growth Rate of Pressure Sensors during the forecast period? |
By type, which segment accounted for largest share of the global Aircraft Sensors Market? |
Which region is expected to dominate the global Aircraft Sensors Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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