Jack danielMarket Overview: Air Data Systems Market FY24-30
This reports provides an essential and dependable overview of the Air Data Systems Market, serving as a guide for stakeholders navigating the industry’s future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
Air Data Systems Market Report Coverage Details:
- Base Year: 2023
- Historical Data: 2019-22
- Forecast Period: 2024-2030
- CAGR: 6.5% (2024-2030)
The Global Air Data Systems Market was valued at around USD 1.2 billion during 2022 and is estimated to grow at a CAGR of about 6.5% during the forecast period, i.e., 2024-30.
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Air Data Systems Market Opportunity:
Expanding Aerospace Industry & Growing Adoption of UAVs to Fuel the Market Growth – The increasing aviation industry accounts for instigating investments by the prime players, thus boosting the demand for air data systems and contributing to propelling the overall air data system market. The surge in a wide variety of aircraft for commercial use with advanced technology & high capacity supports the market size. Furthermore, government agencies in several countries are also investing in the aviation industry & encouraging the implementation of different purposes around the globe. In unmanned aerial vehicles (UAVs), the air data systems allow operators to improve & manage the fleet in the air.
Hence, the demand for air data systems is advancing due to the enhanced performance prominence of the aircraft & the decrease in data entry errors. They assist in evaluating & monitoring environmental factors that affect flight performance & inform the pilots in case of threshold. In line with this, the growing adoption of UAVs in military & commercial sectors further assists in driving the Air Data Systems Market in the upcoming years.
Air Data Systems Market Segmentation Analysis – FY24-30
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Air Data Systems Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry’s growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Air Data Systems Market segmentation is enlisted below:
By Components
- Electronic Unit
- Sensors
- Probes
By Aircraft Type
- Narrow Body Aircraft
- Wide Body Aircraft
- Very Large Aircraft
- Regional Transport Aircraft
- Business Jet
- Fighter Aircraft
- Military Transport Aircraft
- Rotary Wing Aircraft
- Unmanned Aerial Vehicle (UAV)
By End User
- Civil
- Military
By Company
- Revenue Shares
- Competition Characteristics
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By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Air Data Systems Market Competitive Landscape
Aeroprobe Corporation, Shadin Avionics, Meggitt PLC, Thommen Aircraft Equipment, United Technologies Corporation, Honeywell International Inc., Rockwell Collins, Inc., Ametek Inc., Others.
Air Data Systems Industry News:
- 2023: Parker Meggitt entered into a partnership with Airbus to produce an e-buffer (energy buffer) in support of the ZEROe aircraft demonstrator.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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