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Significant Investments By Aircraft Manufacturers For Innovative Technologies Is Expected To Fuel Aircraft Computers Market

Computers are an essential component in any aircraft and comprise of circuits, memory, analog connectors, and a Central Processing Unit (CPU). The aircraft computers market is projected to grow from USD 5.90 Billion in 2017 to USD 7.87 Billion by 2022, at a CAGR of 5.91% from 2017 to 2022. The aircraft computers market in North America is fueled by the increased investments for the growth of the commercial and general aviation sectors. Apart from this, a significant investment by aircraft manufacturers for innovative technologies is expected to fuel this market.

The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market.

Based on platform, the UAV segment of the aircraft computers market is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing application of UAVs in the commercial and defense sectors. Computers are required to control the flight as well as the payload in a UAV.

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Based on end user, the OEM segment is projected to grow at a high rate during the forecast period. The growth of this segment is due to the increasing aircraft deliveries in the commercial and military sectors.

The aircraft computers market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the high air passenger traffic, leading to an increase in the number of aircraft deliveries in this region.

Major players operating in the aircraft computers market include BAE Systems (UK), Honeywell (US), Rockwell Collins (US), Saab (Sweden), Thales (France), Curtiss-Wright (US), Esterline Technologies (US), United Technologies (US), and Cobham (UK)

Rockwell Collins operates its business through 3 segments, namely, information management services, government systems, and commercial systems. The company has expertise in flight deck avionics, cabin electronics, mission communications, simulation & training, and information management services. The company’s hardware, software, and services offerings encompass cabin management, communications, displays & surveillance systems, flight controls, information management services, integrated avionics mission & training solutions, navigation, and global service and support. The company mainly focuses on securing contracts and new product launches to improve its position in the aircraft computers market. In September 2017, Rockwell Collins was selected to supply FMC-4212 mission computer to Airbus Helicopters HForce onboard weapon system program. The product enables conversion of any commercial helicopter from the Airbus Helicopters platform into an armed, battle-ready unit for military operations.

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