Avionics Sensors Market [2021-2031] - Size, Share, and Analysis
The Avionics Sensors Market is expected to register a CAGR of 11.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Application (Flight Control Systems, Communication Navigation and Surveillance Systems, Flight Management Systems, Aircraft Health Monitoring Systems); Aircraft Type (Commercial Aircraft, Military Aircraft, Helicopter, UAV). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Avionics Sensors Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Avionics Sensors Market Segmentation
Application- Flight Control Systems
- Communication Navigation and Surveillance Systems
- Flight Management Systems
- Aircraft Health Monitoring Systems
- Commercial Aircraft
- Military Aircraft
- Helicopter
- UAV
Strategic Insights
Avionics Sensors Market Growth Drivers- Growing Commercial Aircraft Deliveries: The growing number of commercial aircraft deliveries including narrow body, wide body, and regional aircraft models is further propelling the growth of avionics sensors market.
- Retrofitting of Existing Aircraft Fleet: The demand for retroffiting of existing aircraft fleet of different airlines is another major factor propelling the growth of avionics sensors market across the world.
- Upcoming Narrow-Body Aircraft Deliveries: More than 33,000 narrow body aircraft are expected to be delivered by the end of 2043 across different regions. This is further likely to drive the market for aircraft electric motors in the coming years.
- Procurements of Military Aircraft: The growing procurements of military aircraft from different military forces is further likely to drive the growth of avionics sensors in the coming years.
- Adoption of Fly-by-Wire Technology: The growing integration of fly-by-wire technology is another major trend pushing the replacements of traditional mechanical systems. This is further propelling the deployment of avionics sensors market across different regions.
- Rising Electrification of Aircraft Components: The increasing electrification of aircraft components is one of the key trends pushing the deployment of avionics sensors among different aircraft platforms.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Avionics Sensors Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Avionics Sensors Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The Avionics Sensors Market is estimated to witness a CAGR of 11.5% from 2023 to 2031
The major factors driving the aircraft electric motors market are:
1. Growing Commercial Aircraft Deliveries
2. Retrofitting of Existing Aircraft Fleet
Some of the major trends driving the aircraft electric motors market are:
1. Adoption of Fly-by-Wire Technology
2. Rising Electrification of Aircraft Components
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Avionics Sensors Market - By Application
1.3.2 Avionics Sensors Market - By Aircraft Type
1.3.3 Avionics Sensors Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AVIONICS SENSORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AVIONICS SENSORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AVIONICS SENSORS MARKET - GLOBAL MARKET ANALYSIS
6.1. AVIONICS SENSORS - GLOBAL MARKET OVERVIEW
6.2. AVIONICS SENSORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AVIONICS SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. FLIGHT CONTROL SYSTEMS
7.3.1. Overview
7.3.2. Flight Control Systems Market Forecast and Analysis
7.4. COMMUNICATION NAVIGATION AND SURVEILLANCE SYSTEMS
7.4.1. Overview
7.4.2. Communication Navigation and Surveillance Systems Market Forecast and Analysis
7.5. FLIGHT MANAGEMENT SYSTEMS
7.5.1. Overview
7.5.2. Flight Management Systems Market Forecast and Analysis
7.6. AIRCRAFT HEALTH MONITORING SYSTEMS
7.6.1. Overview
7.6.2. Aircraft Health Monitoring Systems Market Forecast and Analysis
8. AVIONICS SENSORS MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
8.1. OVERVIEW
8.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL AIRCRAFT
8.3.1. Overview
8.3.2. Commercial Aircraft Market Forecast and Analysis
8.4. MILITARY AIRCRAFT
8.4.1. Overview
8.4.2. Military Aircraft Market Forecast and Analysis
8.5. HELICOPTER
8.5.1. Overview
8.5.2. Helicopter Market Forecast and Analysis
8.6. UAV
8.6.1. Overview
8.6.2. UAV Market Forecast and Analysis
9. AVIONICS SENSORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Avionics Sensors Market Overview
9.1.2 North America Avionics Sensors Market Forecasts and Analysis
9.1.3 North America Avionics Sensors Market Forecasts and Analysis - By Application
9.1.4 North America Avionics Sensors Market Forecasts and Analysis - By Aircraft Type
9.1.5 North America Avionics Sensors Market Forecasts and Analysis - By Countries
9.1.5.1 United States Avionics Sensors Market
9.1.5.1.1 United States Avionics Sensors Market by Application
9.1.5.1.2 United States Avionics Sensors Market by Aircraft Type
9.1.5.2 Canada Avionics Sensors Market
9.1.5.2.1 Canada Avionics Sensors Market by Application
9.1.5.2.2 Canada Avionics Sensors Market by Aircraft Type
9.1.5.3 Mexico Avionics Sensors Market
9.1.5.3.1 Mexico Avionics Sensors Market by Application
9.1.5.3.2 Mexico Avionics Sensors Market by Aircraft Type
9.2. EUROPE
9.2.1 Europe Avionics Sensors Market Overview
9.2.2 Europe Avionics Sensors Market Forecasts and Analysis
9.2.3 Europe Avionics Sensors Market Forecasts and Analysis - By Application
9.2.4 Europe Avionics Sensors Market Forecasts and Analysis - By Aircraft Type
9.2.5 Europe Avionics Sensors Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Avionics Sensors Market
9.2.5.1.1 Germany Avionics Sensors Market by Application
9.2.5.1.2 Germany Avionics Sensors Market by Aircraft Type
9.2.5.2 France Avionics Sensors Market
9.2.5.2.1 France Avionics Sensors Market by Application
9.2.5.2.2 France Avionics Sensors Market by Aircraft Type
9.2.5.3 Italy Avionics Sensors Market
9.2.5.3.1 Italy Avionics Sensors Market by Application
9.2.5.3.2 Italy Avionics Sensors Market by Aircraft Type
9.2.5.4 United Kingdom Avionics Sensors Market
9.2.5.4.1 United Kingdom Avionics Sensors Market by Application
9.2.5.4.2 United Kingdom Avionics Sensors Market by Aircraft Type
9.2.5.5 Russia Avionics Sensors Market
9.2.5.5.1 Russia Avionics Sensors Market by Application
9.2.5.5.2 Russia Avionics Sensors Market by Aircraft Type
9.2.5.6 Rest of Europe Avionics Sensors Market
9.2.5.6.1 Rest of Europe Avionics Sensors Market by Application
9.2.5.6.2 Rest of Europe Avionics Sensors Market by Aircraft Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Avionics Sensors Market Overview
9.3.2 Asia-Pacific Avionics Sensors Market Forecasts and Analysis
9.3.3 Asia-Pacific Avionics Sensors Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Avionics Sensors Market Forecasts and Analysis - By Aircraft Type
9.3.5 Asia-Pacific Avionics Sensors Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Avionics Sensors Market
9.3.5.1.1 Australia Avionics Sensors Market by Application
9.3.5.1.2 Australia Avionics Sensors Market by Aircraft Type
9.3.5.2 China Avionics Sensors Market
9.3.5.2.1 China Avionics Sensors Market by Application
9.3.5.2.2 China Avionics Sensors Market by Aircraft Type
9.3.5.3 India Avionics Sensors Market
9.3.5.3.1 India Avionics Sensors Market by Application
9.3.5.3.2 India Avionics Sensors Market by Aircraft Type
9.3.5.4 Japan Avionics Sensors Market
9.3.5.4.1 Japan Avionics Sensors Market by Application
9.3.5.4.2 Japan Avionics Sensors Market by Aircraft Type
9.3.5.5 South Korea Avionics Sensors Market
9.3.5.5.1 South Korea Avionics Sensors Market by Application
9.3.5.5.2 South Korea Avionics Sensors Market by Aircraft Type
9.3.5.6 Rest of Asia-Pacific Avionics Sensors Market
9.3.5.6.1 Rest of Asia-Pacific Avionics Sensors Market by Application
9.3.5.6.2 Rest of Asia-Pacific Avionics Sensors Market by Aircraft Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Avionics Sensors Market Overview
9.4.2 Middle East and Africa Avionics Sensors Market Forecasts and Analysis
9.4.3 Middle East and Africa Avionics Sensors Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Avionics Sensors Market Forecasts and Analysis - By Aircraft Type
9.4.5 Middle East and Africa Avionics Sensors Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Avionics Sensors Market
9.4.5.1.1 South Africa Avionics Sensors Market by Application
9.4.5.1.2 South Africa Avionics Sensors Market by Aircraft Type
9.4.5.2 Saudi Arabia Avionics Sensors Market
9.4.5.2.1 Saudi Arabia Avionics Sensors Market by Application
9.4.5.2.2 Saudi Arabia Avionics Sensors Market by Aircraft Type
9.4.5.3 U.A.E Avionics Sensors Market
9.4.5.3.1 U.A.E Avionics Sensors Market by Application
9.4.5.3.2 U.A.E Avionics Sensors Market by Aircraft Type
9.4.5.4 Rest of Middle East and Africa Avionics Sensors Market
9.4.5.4.1 Rest of Middle East and Africa Avionics Sensors Market by Application
9.4.5.4.2 Rest of Middle East and Africa Avionics Sensors Market by Aircraft Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Avionics Sensors Market Overview
9.5.2 South and Central America Avionics Sensors Market Forecasts and Analysis
9.5.3 South and Central America Avionics Sensors Market Forecasts and Analysis - By Application
9.5.4 South and Central America Avionics Sensors Market Forecasts and Analysis - By Aircraft Type
9.5.5 South and Central America Avionics Sensors Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Avionics Sensors Market
9.5.5.1.1 Brazil Avionics Sensors Market by Application
9.5.5.1.2 Brazil Avionics Sensors Market by Aircraft Type
9.5.5.2 Rest of South and Central America Avionics Sensors Market
9.5.5.2.1 Rest of South and Central America Avionics Sensors Market by Application
9.5.5.2.2 Rest of South and Central America Avionics Sensors Market by Aircraft Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AVIONICS SENSORS MARKET, KEY COMPANY PROFILES
11.1. AMETEK
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AMPHENOL CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COLLINS AEROSPACE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CRANE AEROSPACE AND ELECTRONICS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. EATON
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. FLUID COMPONENTS INTERNATIONAL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. JAPAN AVIATION ELECTRONICS INDUSTRY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MEGGIT PLC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TE CONNECTIVITY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRANSDIGM GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AMETEK
2. Amphenol Corporation
3. Collins Aerospace
4. Crane Aerospace and Electronics
5. Eaton
6. Fluid Components International
7. Japan Aviation Electronics Industry
8. Meggit Plc
9. TE Connectivity
10. Transdigm Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.