The global aircraft sensors market is expected to gain impetus from the increasing demand for new aircraft. This information is published in an upcoming report by Fortune Business Insights™, titled, “Aircraft Sensors Market Size, Share and Global Trend By Aircraft Type (UAVs, Helicopter, Military Aircraft, Commercial Aircraft), By Sensors Type (Gyro, Speed, Pressure, Temperature), By Application (Landing Gear, Flight Deck Environmental Control) and Geography Forecast till 2026.” The report further states that advancements in aircraft technology and the rising number of deliveries of the UAVs and autonomous aircraft would propel aircraft sensors market growth during the forecast period. Air traffic has also upsurged drastically since the past few years owing to the ever-increasing population. It would also impact the market positively.
What Does This Report Contain?
- In-depth information about the aircraft sensors market trends, opportunities, challenges, growth drivers, and hindrances.
- Details about the key applications where aircraft sensors are playing an important role.
- Competitive landscape consisting of new contracts, product launches, agreements, strategic collaboration, and mergers and acquisitions.
- Crucial sustainability strategies adopted by renowned companies present in the market.
Flight Deck Segment to Lead Owing to High ASP of Premium Sensors
In terms of application, the market is segregated into environmental control, flight deck, and landing gear. Amongst these, the flight deck segment is anticipated to exhibit the highest growth in the coming years. This growth is attributable to the high average selling price (ASP) of premium quality sensors that are used for flight management in the flight deck. Apart from that, the rising demand for new aircraft would propel the growth of this segment. The sensors are also used in the industrial passenger planes. It is also likely to contribute to the growth of this segment.
North America to Stay in the Forefront Backed by Presence of Prominent Players
In terms of region, the market is grouped into Asia Pacific, South America, North America, Europe, and the Middle East and Africa. Out of these regions, North America is expected to dominate by acquiring maximum aircraft sensors market revenue during the forthcoming period. This growth is attributable to the presence of numerous prominent aircraft producers, namely, Sikorsky Aircraft (U.S.), Bell Helicopter (U.S.), Bombardier (Canada), Boeing (U.S.), and Lockheed Martin (U.S.). Also, the aviation enterprise in this region is booming at present. Additionally, the increasing adoption of army aircraft for maritime and border surveillance sports in countries, such as Canada and the U.S., would boost the growth of the market in this region.
