Aircraft Interface Device Market Research Report 2019 published By Market Research Future, provides information on Global Aircraft Interface Device Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Connectivity (Wired and Wireless), by Aircraft Type (Fixed-Wing and Rotary-Wing), by End-User (Civil and Military), by Fit (Line-fit and Retrofit), and by Region — Global Forecast till 2023 —
Aircraft interface device (AID) is a hardware that works as an interface to bridge the gap between an aircraft and electronic flight bag (EFB). The value of the system grows as it is a necessary component for the smart cockpit technology. The global aircraft interface device market is expected to gain with 10% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their recent report on the global aircraft interface device market hints at several factors that can take the global market ahead by quite a few miles.
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The aircraft interface device market can get inspired by several factors such as the increase in both military and commercial flight production, high expenditure in defense, and integration of advanced technology. However, backlog in delivery and cyber-attacks can deter the market from achieving the expected growth rate during the forecast period. But the demand for enhanced fuel efficiency and modernization programs can steer out the market from any kind of long-term sluggishness.
Several companies are investing in the global aircraft interface device market and their tactical moves are ensuring better expansion prospects. These companies, as profiled by MRFR, are-
• Avionica Inc. (US)
• Astronics Corporation (US)
• Collins Aerospace (a part of United Technology Corporation (US))
• AvioVision (a part of Thales SA (France))
• Shadin Avionics (US)
• Honeywell International Inc. (US)
• Esterline Technologies Corporation (US)
• SCI Technology Inc. (a part of Sanmina Corporation (US))
• navAero (a part of Global Eagle Entertainment Inc. (US))
• Teledyne Technologies Inc. (US)
In 2019 Collins Aerospace revealed that they are planning on using the many pilot electronic flight bag (EFB) applications. This, with necessary aircraft interface device, can ease the process of routing traffic through cabin for better segmentation of the virtual network.
The global aircraft interface device market can be segmented by connectivity, aircraft type, fit, and end-user. As per the MRFR report, volume-wise and value-wise data are expected to backup the study of the market substantially.
By connectivity, the aircraft interface market can be segmented into wired and wireless. The wireless segment is gaining substantial speed and outrun the wired segment by considerable margin during the forecast period.
By aircraft type, the aircraft interface market comprises fixed-wing and rotary-wing. The fixed-wing segment has the maximum market value as the production of narrow and wide body aircraft has grown due to the rise in the number of air travelers.
By end-user, the aircraft interface market consists civil and military. The civil segment has the maximum market valuation due to increase in the airlines and aircraft operators. However, the military segment is also gaining much traction due to the growth in defense expenditures.
By fit, the aircraft interface market can be segmented into line-fit and retrofit. The retrofit segment has substantial market reach and is expected to witness the higher CAGR in the domain during the forecast period.
North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW) are regions that have been taken into account by MRFR while considering the market prospects from a regional perspective. North America, has the maximum market share in the global region and it is due to the high defense expenditure by countries like Canada and the U.S. At the same time, the region is also witnessing hike in private investments. Technological advancement and trend of adopting those at the earliest to stay ahead in the market are factors boosting the regional market considerably. The APAC, on the other hand, is the fastest growing region owing to the contribution both in military and civic segment by countries like China, India, Malaysia, Thailand, Singapore, and others.
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Report Key Insights
Market Sizing, Forecast and Analysis: Detailed coverage on market segment and its sub segments
Regional / Country Trend and Forecast: Detailed analysis on North America, Asia Pacific, Europe, Middle East & Africa, and Latin America, along with key countries in each of the regions
Market dynamics intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain & value chain analysis
Technology Trend, Regulatory Landscape, and Patent Analysis Outlook
Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, strategic developments including JVs, Product Launch, and M&A
Regional attractiveness and related growth opportunities
The market numbers and forecast derived were the outcome of our disciplined research methodology which includes secondary research, primary interviews, followed by data triangulation and validation from our in-house data repository and statistical modeling tools.
In this process, both demand side and supply side parties were involved to extract genuine facts and insights about market forecast, production, trend, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain have been approached to obtain key information.
In this process, the data collection was done through various secondary sources, which included annual reports, SEC filings, journals, government association, Aerospace & Defense magazines, white papers, corporate presentations, company websites, some paid databases and many others.
List of Tables
Table 1 Global Aircraft Interface Device Market, by Region, 2018–2023
Table 2 North America: Aircraft Interface Device Market, by Country, 2018–2023
Table 3 Europe: Aircraft Interface Device Market, by Country, 2018–2023
Table 4 Asia-pacific: Aircraft Interface Device Market, by Country, 2018–2023
Table 5 Rest of the World: Aircraft Interface Device Market, by Region, 2018–2023
Table 6 Global Aircraft Interface Device, Connectivity Market, by Region, 2018–2023
Table 7 North America: Aircraft Interface Device, Connectivity Market, by Country, 2018–2023
Table 8 Europe: Aircraft Interface Device, Connectivity Market, by Country, 2018–2023
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter's Five Forces Analysis
Figure 7 Value Chain Analysis
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Name: Abhishek Sawant
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Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune -411028, Maharashtra, India
Release ID: 516409