Aircraft Computers Market Forecast
Aircraft Computers Market Size Valued at USD 8.7 Billion, market Grow at a CAGR Of 6.7% by 2022 -2030. The rapidly growing adoption of computers and Aircraft Electrical Systems Market increasing modernization programs of existing aircraft fleet has significantly contributed to the expansion of the Aircraft Computers Market Forecast. Furthermore, the increasing collaborations between prominent aircraft OEMs and aircraft computer manufacturers are also expected to drive the growth of the market. For example, in September 2017, Rockwell Collins was selected to supply FMC-4212 mission computer to Airbus Helicopters H Force onboard weapon system program. The product enables the conversion of any commercial helicopter from the Airbus Helicopters platform into an armed, battle-ready unit for military operations.
However, issues related to cyber-attacks and stringent aviation regulations might hamper the growth of the Aircraft Computers Market Forecast.
Market USP
Growing adoption of electronics such as inflight connectivity systems to offer enhanced travelling experience to passengers is expected to increase the demand for aircraft computers.
Growth Opportunities in the Market
OEM segment dominated the market in 2019: The OEM segment dominated the market in 2019. The increasing aircraft demand owing to the growing international tourism and airborne trade is expected to increase the demand for OEM aircraft computers.
Flight controls segment is expected to be the fastest growing: The flight controls segment is expected to register the highest CAGR during the forecast period, 2020 to 2030. Crucial aircraft functions are performed with the pilots with the help of flight control systems such as engine monitoring, take-off, and landing. Such factors are expected to drive the growth of this segment during the forecast period.
Fixed wing segment dominated the market in 2019: The fixed wing segment dominated the global market in 2019. The notable growth in this sector has resulted an increased number of aircraft orders to address the increasing air passenger traffic. Manufacturers are currently focusing on developing aircraft computers and components that offer enhanced reliability, accuracy, and efficiency. Continuous improvements in software have modified the human-machine interface of aircraft computers.
Hardware segment is expected to register higher CAGR: The hardware segment is projected to grow at the higher CAGR during the review period, primarily due to the large number of hardware required to manufacture an aircraft’s electrical system. The hardware act as a bridge as they take small electric currents from components such as sensors to drive bigger systems.
Key Players
Boeing (US), Bombardier Inc. (Canada), GE Aviation (US), Kontron ST AG (Germany), General Dynamics Mission Systems, Inc. (US), Garmin Ltd. (US), BAE Systems (UK), Chobham Limited (UK), Curtiss-Wright Corporation (US), Esterline Technologies (US)
Other Prominent Players
Saab AB (Sweden), Raytheon Technologies Corporation (US), Thales Group (France), Honeywell International, Inc. (US), Safran (France)
Table Of Contents
- Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Aircraft Computers Market Forecast, By End User
1.1.2. Aircraft Computers Market Forecast, By Type
1.1.3. Aircraft Computers Market Forecast, By Platform
1.1.4. Aircraft Computers Market Forecast, By Component
1.1.5. Aircraft Computers Market Forecast, By Region
- Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
- Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
- Market Insights
- Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Increasing Use Of Computers And Electronic Systems In Aircraft
5.2.2. Rising Demand For Aircraft Computers In Unmanned Aerial Vehicles
5.2.3. Modernization Of Existing Aircraft Fleet
5.2.4. Drivers Impact Analysis
5.3. Restraints
5.3.1. Issues Related To Cyber-Attacks
5.3.2. Existing Backlogs In Aircraft Deliveries
5.3.3. Stringent Aviation Standards
5.3.4. Restraints Impact Analysis
5.4. Opportunities
5.5. Market/Technological Trends
5.6. Patent Trends
5.7. Regulatory Landscape/Standards
Aircraft Computers Market Forecast Research Report: Information By End User (OEM and Aftermarket), Type (Flight Controls, Flight Management Computers, Engine Controls, Utility Controls and Mission Computers), Platform (Fixed Wing, Rotary Wing and UAV), Component (Hardware and Software) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2030 @https://www.marketresearchfuture.com/reports/aircraft-computers-market-10226
Related Link:
- Flight Tracking System Market Research Report: Information by Type [ADS-B (Terrestrial and Space-Based), ACARS, and FANS], Aircraft Type (Fixed-Wing and Rotary-Wing), End User (Commercial and Military), and Region (North America, Europe, Asia-Pacific, Middle East Africa, and Latin America)—Forecast till 2030
- Military Navigation Market Research Report: Information by Component (Hardware and Service), Application (Command, Control, Intelligence, Surveillance, Reconnaissance (ISR), Combat Security, Targeting Guidance and Search Rescue (SAR)), Platform (Aviation, Marine, Ground and Space), Grade (Navigation Grade, Tactical Grade, Space Grade and Marine Grade) and Region (North America, Europe, Asia-Pacific and Rest of the World) Forecast till 2030
- Aircraft Cockpit Display System Market Research Report: Information by Display Type (Primary Flight, Multifunction, Engine-Indicating Crew-Alerting System), Platform (Commercial Military), Display Size (Less Than 5 Inches, 5 Inches to 10 Inches and Greater Than 10 Inches) and Region (North America, Europe, Asia-Pacific, Middle East Africa and Latin America) - Forecast till 2030
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