Aircraft Sensors Market to Grow at a CAGR of ~5.5% during 2022-2029; Market to Grow on Account of Worldwide Expansion of Aviation and Defense Industries

Aircraft Sensors Market will exhibit a CAGR of 5.5% in the forecast period of 2022 To 2029 and is expected to reach above USD 6.8 billion by 2029.

Exactitude consultancy has announced the publication of Global Aircraft Sensors Market, a new research that encompasses regional and global market data and is projected to produce a profit from 2022 To 2029.The report looks into this market in depth. The present market trends and dynamics are assessed, assisting in the mapping of the global Aircraft Sensors market’s path. Wireless sensors can be used by aircraft manufacturers to help reduce aircraft installation and maintenance costs. Additionally, such sensors have the potential to reduce the complexity of aircraft subsystem design. Increased deployment of aircraft structural monitoring systems utilizing Internet of Things (IoT) technology is likely to increase market demand for wireless sensor technology.

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There are many different types of sensors used in aircraft and these are considered critical to aircraft safety, security and smooth operation. Modern aircraft incorporate various sensors to determine operating parameters related to both engine health and electronic control performance. An example is the use of sensors in engines, such as spatial sensors and propulsion sensors used for critical engine and flight control system measurements. Due to the increasing importance of these sensors, the range of global aircraft sensor technology is expected to expand in the coming years.

Top Leading Companies of Global Aircraft Sensors Market are Honeywell International, Inc. (US), TE Connectivity Ltd. (Switzerland), Ametek, Inc. (US), General Electric Company (US), Meggitt PLC (UK), Safran S.A. (France), Woodward Inc. (US), Thales Group (France), and Zodiac Aerospace (France) and others.

Recent Developments

  • In August 2022, The US Navy has awarded Lockheed Martin a contract for the development of the F-35 Joint Strike Fighter program for the UK, Canada, and Australia. The contract deals with the upgrading of the data centre of the F-35s for the development of mission data files gathered by the huge array of sensors and systems installed on the aircraft. The deal will help Lockheed establish a strong brand image in the military segment of the industry and attract global players for its highly advanced product portfolio.
  • In July 2022, TT Electronics & Honeywell Aerospace partnered for the development of next-generation inertial navigation units for aerospace and military applications for the purpose of navigation & flight control operations.

Regional Share:

Results based on our research methodology show that North America is expected to be the largest Share of 46% during the forecast period as it is the manufacturing capital of the aerospace industry due to the presence of many aircraft OEMs and sensor manufacturers. increase.

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Aircraft Sensors Market Segmentation:

Aircraft Sensors Market By Platform, 2020-2029, (USD Million)

Fixed-Wing Aircraft

Rotary Blade Aircraft

UAV

Aircraft Sensors Market By Sensor Type, 2020-2029, (USD Million)

Temperature Sensor

Pressure Sensor

Force Sensor

Speed Sensor

Torque Sensor

Accelerometer Sensor

Flow Sensor

Position Sensor

Proximity Sensor

GPS Sensor

Gyroscope

Radar Sensor

Smoke Detection Sensor

Angle Of Attack Sensor

Level Sensor

Vibration Sensors

Airspeed And Altitude Sensor

Others

Aircraft Sensors Market By Application, 2020-2029, (USD Million)

Engine, Turbine, And APU

Flight Controls And Actuation

Landing Gear & Brakes

Environmental Control System

Doors & Slides

Cabin, Galley, And Cargo

Cockpit Controls

Aircraft Sensors Market By Connectivity, 2020-2029, (USD Million)

Wired Sensors

Wireless Sensors

Aircraft Sensors Market By End-Use, 2020-2029, (USD Million)

OEM

Aftermarket

Regions Covered in the Global Aircraft Sensors market Report 2022:

  • The Middle East and Africa (GCC Countries and Egypt)
  • North America (the United States, Mexico, and Canada)
  • South America (Brazil etc.)
  • Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Aircraft Sensors Market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
  • Market Development: Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Aircraft Sensors Market.

Reason for Buying this Report:

  • It offers informative data on recent advancements and technological trends.
  • For a comparative study of the Aircraft Sensors Market.
  • It offers extensive research on market dynamics such as drivers, restraints, and opportunities.
  • Furthermore, it offers an in-depth analysis of the economic aspects of the businesses.
  • The global analysis of global trading, import, export, and local consumption.
  • Global Aircraft Sensors Market analysis of sellers, vendors, and buyers.
  • It offers an evaluation of competitive landscape.

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