Aircraft Sensors Market Dynamics, Growth Segments by Opportunities, Future Demand Status and Business Advancement plans till 2030

Global Aircraft Sensors Market is valued at approximately USD 3.6 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.48% over the forecast period 2019-2026.

An aircraft sensor referred to device that measures a physical quantity and converts it into a signal that can be clearly inferred. Minor variations in the aircraft system or in its situation can lead to serious disasters. These sensors integrated in the aircraft recognize such abnormal variations and alert the pilot. Growth in the aviation industry have created the demand for aircraft sensors in the air travel industry. The growing demand for modern aircraft, improvements in microelectromechanical system (MEMS) technology and rules by the aviation safety agencies are key driving forces of the market growth. Air travel has grown considerably as large part of the inhabitants with high disposable incomes uncovered the traveling on inexpensive flights. This authorized airlines to increase the size of their fleet to meet up the growing demand. This factor is one of the main reasons why airlines are ordering more and more aircraft, contributing to the growth of the aircraft sensor market. Apart from this, increasing demand for sensors in the growing unmanned aerial vehicles (UAVs) industry is anticipated to generate various market opportunities over the forecast period. However, regulations by aviation safety agencies impedes the growth of the market over the forecast period of 2019-2026.

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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

The regional analysis of global Aircraft Sensors market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing usage of commercial and business aircrafts. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rising disposable income, increasing aviation industry would create lucrative growth prospects for the Aircraft Sensors market across Asia-Pacific region.

 Market player included in this report are::
  *Honeywell International Inc.
  *TE Connectivity Ltd.
  *UTC Aerospace Systems
  *Zodiac Aerospace
  *Ametek, Inc.
* Meggitt PLC
* Safran Electronics & Defense
* Curtiss-Wright Corporation
* Esterline Technologies Corporation
* Thales Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Platform:
 Fixed-wing Aircraft
 Rotary-wing Aircraft
 UAVs 

  By Sensor Type:
 Pressure Sensors
 Temperature Sensors
 Force Sensors
 Torque Sensors
 Speed Sensors
 Position & Displacement Sensors
Others

By Application:
Engines
Doors & Slides
Cabin & Cargo Environmental Controls
Flight Decks & Flight Control
Landing Gears, Wheels & Breaks
Fuel, Hydraulic & Pneumatic Systems

By connectivity:
Wired
Wireless

By End Use:
OEM
Aftermarket

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Aircraft Sensors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Aircraft Sensors Market, by Region, 2017-2026 (USD Billion)
1.2.2. Aircraft Sensors Market, by Platform, 2017-2026 (USD Billion)
1.2.3. Aircraft Sensors Market, by Sensor Type, 2017-2026 (USD Billion)
1.2.4. Aircraft Sensors Market, by Application, 2017-2026 (USD Billion)
1.2.5. Aircraft Sensors Market, by Conectivity, 2017-2026 (USD Billion)
1.2.6. Aircraft Sensors Market, by End Use, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Aircraft Sensors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Aircraft Sensors Market Dynamics
3.1. Aircraft Sensors Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Aircraft Sensors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Aircraft Sensors Market, by Platform
5.1. Market Snapshot
5.2. Global Aircraft Sensors Market by Platform, Performance – Potential Analysis
5.3. Global Aircraft Sensors Market Estimates & Forecasts by Platform 2016-2026 (USD Billion)
5.4. Aircraft Sensors Market, Sub Segment Analysis
5.4.1. Fixed-wing Aircraft
5.4.2. Rotary-wing Aircraft
5.4.3. Unmanned Aerial Vehicle (UAV)
Chapter 6. Global Aircraft Sensors Market, by Sensor Type
6.1. Market Snapshot
6.2. Global Aircraft Sensors Market by Sensor Type, Performance – Potential Analysis
6.3. Global Aircraft Sensors Market Estimates & Forecasts by Sensor Type 2016-2026 (USD Billion)
6.4. Aircraft Sensors Market, Sub Segment Analysis
6.4.1. Pressure Sensors
6.4.2. Temperature Sensors
6.4.3. Force Sensors
6.4.4. Torque Sensors
6.4.5. Speed Sensors
6.4.6. Position & Displacement Sensors
6.4.7. Others
Chapter 7. Global Aircraft Sensors Market, by application
7.1. Market Snapshot
7.2. Global Aircraft Sensors Market by application, Performance – Potential Analysis
7.3. Global Aircraft Sensors Market Estimates & Forecasts by application 2016-2026 (USD Billion)
7.4. Aircraft Sensors Market, Sub Segment Analysis
7.4.1. Engines

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