Aircraft Sensor Market Size and Growth Rate:
According to our report, Aircraft Sensor Market size was valued at USD 168 Million in 2017 and this figure estimated to cross USD 236 Million by the end of 2023, and growing at a CAGR of 5.86% during the forecast period 2017-2023
Aircraft Sensor Market – Drivers and Challenges:
In July 2018, gas detection solutions (GSS) developed a unique carbon dioxide detection technology that would significantly improve cabin air quality. Honeywell led the project in collaboration with SST Sensing, Gas Sensing Solutions and National Physical Laboratory. The competitors and the government are expected to invest in similar technologies that are expected to positively impact market growth over the forecast period.
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Companies are investing heavily in IoT aircraft technology to enrich their customer experience. In June 2017, for example, you can use Wi-Fi with Honeywell’s Ignition Technology, which also activates the flight sensors to anticipate potential outages that are expected to drive market growth over the forecast period.
Regional Presence of Aircraft Sensor Market:
The aforementioned factor is expected to increase the sensor change rate in an aircraft in the region, which in turn should boost market growth over the forecast period. In addition, the United States is negotiating with other economies or emerging markets for the sale of top-class military aircraft, which is expected to increase market growth over the forecast period.
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Prominent Key Players are mentioned in this Aircraft Sensor Market:
Aerocontrolex Group, Aerosonic Corporation, AMETEK, Curtiss-Wright Corporation, Dynon Avionics, Esterline Technologies Corporation, Free Flight Systems, Garmin International, General Atomics Corporation, Hindustan Aeronautics, Honeywell Aerospace, Kollsman Meggitt, Memscap, Pacific Avionics & Instruments, Revue Thommen, Rockwell Collins, Safran Electronic & Defense, Schneider Electric, TE Connectivity, Thales, The Raytheon Company, Trimble Navigation, UTC Aerospace Systems, Zodiac Aerospace and other major key players are mentioned in this report.
Aircraft Sensor Market Growth Share Based on Product Segment:
Outside these markets for air sensors, the trade is expected to achieve a steady rate of 51.9% of the market by 2022. At the end of the forecast year, the US commercial market could draw $ 1.2 trillion.
Temperature sensors are an essential part of an aircraft, which are installed in various areas such as cabs, brakes, air ducts, intersection turbines and hydraulic lines. With the influx of passengers, the number of commercial aircraft worldwide is rapidly increasing. This will promote the use of temperature sensors in airships, thereby, increasing market growth over the forecast period. For example, in July 2018, Airbus introduced the whaling aircraft BelugaXL. It is a next generation aircraft with a humongous capacity that requires a considerable number of sensors, mainly temperature sensors.
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Aircraft Sensor Market – Detailed Segmentation:
Aircraft Sensor Market – By Product:
Aircraft Sensor Market – By Application:
Aircraft Sensor Market – By Geographical Segmentation:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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