Global Aircraft Interface Device Market Analysis 2019 Forecasts to 2023

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Business

Summary

Market Research Future added New Report Named "Global Aircraft Interface Device Market Research Report- Forecast 2023" to its Database

Press Release

Aircraft interface device (AID) is a hardware that provides interface between an electronic flight bag (EFB) and an aircraft. This technology is a key enabler of the smart cockpit concept. Modern aircraft interface devices not only act as a real-time data-crunching tool but also enables effective communication with ground support staff such as dispatchers and maintenance personnel and aids in better decision making. Connecting AID hardware platform ultimately assists in improving fuel efficiency, enhancing flight safety and performance, and enabling predictive maintenance. Key applications of the aircraft interface include flight tracking, quick access recording, aircraft condition monitoring system, among others.

The global aircraft interface device market is estimated to register a CAGR of more than 10% during the forecast period of 2018 to 2023.

The growth in global air travel and subsequent demand for new aircraft are key factors projected to drive the growth of the commercial aircraft interface device market. Similarly, rise in defense expenditure and subsequent demand for new combat aircraft especially in the developing countries drives the growth of the military aircraft interface device market. In addition, need for enhancing situational awareness, enabling advanced communication and effective operating mechanism by airliners and other aircraft operators further imparts market growth. Meanwhile, backlogs in aircraft deliveries and vulnerability of flight systems and EFBs to cyber-attacks hinders the market growth. However, the growing focus on glass cockpit concept, enhancing fuel efficiency, aircraft modernization programs offers promising growth opportunities to aircraft interface device market players.

Based on connectivity, the wireless segment is expected to witness the highest CAGR as it eliminates issues associated with interconnections. Based on aircraft type, the fixed wing segment accounted for the largest market share owing to the increase in production and procurement of narrow and wide body aircraft in order to cater to the rise in number of air travelers globally. Based on end-user, the civil segment accounted for the largest market share as these devices are widely being procured by airlines and other aircraft operators in ensuring safety and enhancing flight operations. Based on fit, the retrofit segment is estimated to dominate the market, owing to the modernization of various aircraft by airliners.

Key Players

The key players in the global aircraft interface device market are Astronics Corporation (US), Avionica, Inc. (US), AvioVision (a part of Thales SA (France)), Collins Aerospace (a part of United Technology Corporation (US)), Esterline Technologies Corporation (US), Honeywell International Inc. (US), navAero (a part of Global Eagle Entertainment Inc. (US)), SCI Technology, Inc. (a part of Sanmina Corporation (US)), Shadin Avionics (US) and Teledyne Technologies, Inc. (US).