Aircraft Sensors Market Worth US$ 2.1 billion in 2022
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  • Aircraft Sensors Market Worth US$ 2.1 billion in 2022

    (Transportation-News.com, January 19, 2019 )
    Stratview Research has published a new research report on Aircraft Sensors Market. This extensive report by Stratview Research analyses the growth of Aircraft Sensors Market over the trend period of 2011 to 2016 and forecast period of 2017 to 2022 under the following segments -
    • by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others)
    • by Sensors Type (Pressure Sensors, Temperature Sensors, and Others)
    • by Application Type (Engine, Airframe, and Others)
    ● by Connectivity Type (Wire, and Wireless)
    ● and by Region (North America, Europe, Asia-Pacific, and RoW)

    Go through the detailed scope: https://www.stratviewresearch.com/toc/286/Aircraft-Sensors-Market.html

    Or

    Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/286/Aircraft-Sensors-Market.html

    Increasing production rates of key commercial aircraft programs

    The aircraft sensors market offers attractive growth opportunities in the entire ecosystem of the market. The aircraft sensors market is expected to grow at a healthy CAGR of 5.8% over the next five years to reach US$ 2.1 billion in 2022. Increasing production rates of key commercial aircraft programs, the introduction of variants of the best-selling aircraft programs, market entry of players, rising aircraft fleet size, increasing electronic components in the next-generation aircraft, and high focus on passenger safety and fuel efficiency are major growth drivers of the aircraft sensors market.

    North America to remain the largest market

    Based on the regions, North America is expected to remain the largest market for aircraft sensors during the forecast period as the region is the manufacturing capital of the aerospace & defense industry with the presence of several large- to small-sized aircraft OEMs, engine OEMs, tier players, sensor manufacturers, distributors, and raw material suppliers. Asia Pacific is expected to grow at the highest rate over the next five years, owing to upcoming commercial and regional aircraft programs and the world’s largest commercial aircraft fleet size.

    Top market players

    The key sensor manufacturers for the aircraft industry are Honeywell International Inc, TE Connectivity Ltd., UTC Aerospace Systems, Zodiac Aerospace, Ametek, Inc., Meggitt Plc, Safran Electronic & Defense, Curtiss-Wright Corporation, and Esterline Technologies Corporation. New product development, the formation of long-term contracts, and a wide geographical presence are some of the key strategies adopted by the key players to gain a competitive edge in the market.

    Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

    Stratview Research

    Ritesh Gandecha

    +1-313-307-4176

    sales@stratviewresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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