Skip to main content

Increase in the Number of Aircraft Orders and Deliveries Will Transform Air Data Systems Market Significantly Till 2021

Growth of the civil sector has resulted in increased demand for new aircraft, which directly affects the air data systems market. The increasing demand for new aircraft is expected to propel the market’s growth during the forecast period. Growth of the civil sector has resulted in increased demand for new aircraft, which directly affects the air data systems market. The increasing demand for new aircraft is expected to propel the market’s growth during the forecast period.

The report provides an in-depth market intelligence regarding market dynamics and major factors influencing the growth of the ADS market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution made to the overall market.

The global Air Data Systems Market Size is projected to grow from USD 579.7 Million in 2016 to USD 762.9 Million by 2021, at a CAGR of 5.65% during the forecast period. Factors such as increasing number of aircraft orders & deliveries and emerging concepts of integrated systems (to reduce weight and enhance performance of aircraft) are expected to drive the growth of the air data systems market. 

Based on aircraft type, the UAV segment of the air data systems market is projected to grow at the highest CAGR during the forecast period. Unmanned air vehicles play a predominant role in military as well as commercial applications where the emphasis is on surveillance, intelligence-gathering, and dissemination of information. Apart from surveillance missions, some UAVs can also be equipped with small missiles to hit targets.

Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/air-data-systems-market-24300401.html

Based on component, the electronic unit segment of the air data systems market is anticipated to grow at the highest CAGR from 2016 to 2021. The main functionality of the electronic unit in an air data system is to correct the input data from sensors and probes, and provide a calculated output to the required system. The most widely used electronic units in aircraft is the air data computer. Due to new concepts introduced in avionics systems and aircraft, manufacturers have their own customizations, which are either based on the technology used in an electronic unit or the type of aircraft (helicopter, fighter, general aviation) in which the electronic unit is to be fitted.

The air data systems market in North American is anticipated to grow at the highest CAGR during the forecast period. North America has a strong foothold in the air data systems market owing to the presence of various ADS market players as well as major aircraft manufacturers, such as Boeing (U.S.) and Bombardier (Canada), in the region. The region has also been benefiting from low oil prices and improved efficiency in aircraft operations. North America also has high proportion of consumer spending, which leads to higher demand for air travel.

Target Audience:

  • Aircraft Manufacturers
  • Air Data Systems Manufactures
  • Air Data Systems Service Providers
  • Sub-Component Suppliers
  • Air Data Systems Distributors
  • Technology Providers

Key players in the air data systems market include Honeywell International, Inc. (U.S.), United Technologies Corporation (U.S.), Rockwell Collins, Inc. (U.S.), AMETEK, Inc. (U.S.), and Curtiss-Wright Corporation (U.S.).

Get Sample Here: https://www.marketsandmarkets.com/requestsampleNew.asp?id=24300401

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Comments

Post a Comment

Popular posts from this blog

Ice Protection Systems Market, By Technology, Application, Type, Platform & Region Outlook BY 2021

  The growth of the ice protection systems market is expected to be propelled by increase in air traffic, new airline business models in emerging economies, and new airport projects in developed economies. The requirement of ice protection system varies according to the platforms in which it is being used. As military operations are usually carried out from non-traditional airfields with limited facilities, it is quite imperative that the aircrafts should be equipped with ice protection systems. For chemical deicing in military aircrafts, deicing fluids with different chemical composition are used. Ice protection systems are used to prevent atmospheric ice from accumulating on aircraft surfaces. The  global ice protection systems market  is estimated to be USD 7.91 Billion in 2016, and is projected to reach USD 10.17 Billion by 2021, at a CAGR of 5.14% from 2016 to 2021. The major difference between anti-icing and deicing system is that the former system prevents ice form...
Post a Comment
Read more

North America Is Anticipated To Lead The Radome Market From 2021 To 2026

The global radome market is estimated at USD 1.7 billion in 2021 and is projected to reach USD 3.3 billion by 2026, at a CAGR of 15.0% from 2021 to 2026. The radome market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. The Advancements in composite materials technology for Radome structure, focus on development of compact radome for UAV platforms, demand for technologically advanced radome systems for next-generation aircraft and significance of radomes in warfare are fueling the growth of the radome market. The radome market is being driven by the increased adoption of advanced military UAV systems to gain an advantage over enemy forces and the increasing defense expenditure of various countries. Industry players are undertaking R&D activities that focus on improving the capability of these radomes to perform in all-weather conditions and provide support in commercial as well as defense operations, s...
Post a Comment
Read more

Multiple Launch Rocket Systems Market Size Estimation, Development Rate & Future Trends Analysis 2022

The global multiple launch rocket systems market size is projected to grow from an estimated USD 590.5 Million in 2017 to USD 797.4 Million by 2022, at a CAGR of 6.19% during the forecast period. Increasing spending on artillery improvement and acquisition of new systems by countries such as Poland and Finland are expected to drive the multiple launch rocket systems market during the forecast period. New product developments and mergers & acquisitions were the key strategies adopted by industry players to grow in the multiple launch rocket systems market. Companies dealing in multiple rocket launchers rely on long term contracts with defense forces. Their core competency is their extensive geographical presence. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/multiple-launch-rocket-system-market-189829734.html Wheeled systems have greater mobility and speed as compared to tracked systems. The new wheeled systems are light in weight and can be carried ...
Post a Comment
Read more