The aircraft interface device market size is projected to reach US$ 592.95 million by 2031 from US$ 199.25 million in 2023. The market is expected to register a CAGR of 14.6% during 2023–2031. Increasing number of low-cost airline/carriers is likely to remain key trends in the market.
Aircraft Interface Device Market Analysis
The major stakeholders in the global aircraft interface device market include component manufacturers, aircraft interface device manufacturers and aircraft manufacturers and MRO service providers. An aircraft interface device is made up of various components which are procured by the system manufacturers from a huge base of component manufacturers. These component manufacturers supply the base parts to the global aircraft interface device market players. The aircraft interface device manufacturers are engaged in manufacturing of advance interface devices for commercial and military aircrafts for various transmitting data between the aircraft and ground staffs. Some of the major players operating in the market include Boeing, Collins Aerospace., Honeywell International Inc., and Teledyne Controls LLC., amongst others. The end users of the global aircraft interface device market include aircraft manufacturers and MRO services providers. The rise in demand for aircraft for both commercial and military purposes are rising the demand for aircrafts, thereby influencing the growing demand for AID. Similarly, the rising modernization of aircraft ad demand for other avionic services are increasing the demand for AIDs across MRO service providers as well.
Aircraft Interface Device Market Overview
The aircraft interface devices are gaining significant prominence over the years since the inception of the technology. The airframers are integrating aircraft interface devices on their modern fleets. The airlines or the aircraft operators are also retrofitting aircraft interface devices on their existing models in order to facilitate smooth and seamless real-time data transfer. The increasing trend of aircraft production and retrofitting of aircraft interface devices on the existing models are the two key reasons behind the growth of aircraft interface devices market.
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Aircraft Interface Device Market: Strategic Insights
Market Size Value in US$ 174.06 Million in 2021 Market Size Value by US$ 354.10 Million by 2028 Growth rate CAGR of 11.5% from 2022 to 2028 Forecast Period 2021-2028 Base Year 2021
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Aircraft Interface Device Market: Strategic Insights
| Market Size Value in | US$ 174.06 Million in 2021 |
| Market Size Value by | US$ 354.10 Million by 2028 |
| Growth rate | CAGR of 11.5% from 2022 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Aircraft Interface Device Market Drivers and Opportunities
Increasing Number of Aircraft Fleet Globally
There has been significant growth in the commercial aviation industry in the past decade. The airlines in the developed and developing nations are ordering a high number of aircraft to meet the constantly rising air travel demand. Owing to the continuously growing disposable income among the global population, the need for air travel is also increasing rapidly. Commercial air traffic is anticipated to maintain a constant growth rate, despite various challenges, such as rising aviation fuel costs and technical faults causing accidents. However, these challenges are overcome by the increasing number of passengers, which leads to more aircraft across the globe.
Growing Demand for Wireless AIDs
Wireless AIDs are much lighter in weight than wired AIDs and omit the risks associated with loose interconnection and timely wiring maintenance. This factor attracts several commercial airlines to adopt the advanced AIDs and enhance their fleet operations, which poses a significant opportunity for the industry players operating in the aircraft interface device market. Moreover, installing these wireless AIDs is simpler than their wired counterparts, thereby increasing the interest in opting for the wireless AIDs among airlines and military forces. Thus, the growing trend of adopting and equipping aircraft with wireless AIDs poses a substantial growth opportunity for the aircraft interface device market during the forecast period. This influences the global aircraft interface manufacturers to develop new products as per the client's requirements. For instance, during the National Business Aviation Association Convention in Las Vegas, Nevada, in October 2021, Avionica, LLC—one of the world's leading providers of connected aircraft solutions for powering secure data and communications for the aviation industry, will unveil its latest product innovation, the miniAID. The miniAID is a service that delivers aircraft data to pilots in a fast and wireless manner, allowing them to optimize their operations. These factors will further contribute to the demand for wireless AIDs over the forecast period.
Aircraft Interface Device Market Report Segmentation Analysis
Key segments that contributed to the derivation of the aircraft interface device market analysis are platform, connectivity, and aircraft type.
platform (hardware and software), connectivity (wired and wireless), fit type (line fit and retrofit), and aircraft type (fixed wing and rotary wing)
- Based on type, the aircraft interface device market is divided into hardware and software. The hardware segment held a larger market share in 2023.
- By connectivity, the market is segmented into wired and wireless. The wired segment held the largest share of the market in 2023.
- In terms of aircraft type, the market is bifurcated into fixed wing and rotary wing. The The fixed wing segment held a significant share of the market in 2023.
Aircraft Interface Device Market Share Analysis by Geography
The geographic scope of the aircraft interface device market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America dominated aircraft interface device market in 2023. North America is the most prominent region in the current market, owing to the presence of a significant number of players operating in the market and being awarded by various airlines globally to retrofit their existing aircraft with AIDs. Further, the research and development investments of robust AIDs are maximum in the region, which is also a catalyzer for the aircraft interface device market in North America. Moreover, the US Department of Defense (DoD) invests substantial amounts in developing and adopting advanced avionics, facilitating the aircraft interface device market growth in the region. However, during the forecast period, the market attractiveness is foreseen to shift from North America to Asia Pacific due to the increasing procurement of newer aircraft and retrofitting activities among the airlines.
Aircraft Interface Device Market Report Scope
Aircraft Interface Device Market News and Recent Developments
The aircraft interface device market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the aircraft interface device market are listed below:
- Raytheon Technologies' (NYSE: RTX) today announced a Collins Aerospace's InteliSight Aircraft Interface Device will be installed on more than 200 of JetBlue's Airbus A320s. The device captures, records, stores, encrypts, and securely transmits aircraft data to Collins' robust and secure cloud platform, GlobalConnect. (Source: Raytheon Technologies, Press Release, May 2023
- American Airlines has signed a sizeable agreement with Airbus for multiple avionics systems and airframe upgrades on 150 A320ceo family of aircraft in its in-service fleet. (Source: American Airlines, Press Release, April 2024)
Aircraft Interface Device Market Report Coverage and Deliverables
The “Aircraft Interface Device Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Aircraft interface device market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Aircraft interface device market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed porter’s five forces analysis
- Aircraft interface device market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the aircraft interface device market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Platform, Connectivity, Fit Type, and Aircraft Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America dominated the aircraft interface device market in 2023.
Increasing number of aircraft fleet globally and stimulating demand for advanced technologies across aircraft models are some of the major factors driving the growth of the market.
Increasing number of low-cost carriers is one of the major trends in the market.
Boeing, Astronics Corporation, Collins Aerospace, Carlisle Interconnect Technologies, Anuvu, Honeywell International Inc, SCI Technology Inc, Teledyne Technologies, and Viasat Inc are some of the key players operating in the market.
The aircraft interface device market is likely to reach US$ 592.95 million by 2031.
The aircraft interface device market is likely to register a CAGR of 14.6% during 2023-2031.
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.
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