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Recent Trends & Revenue Impacting Factors Of Aircraft Computers Market

The 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)

Honeywell (US) is a major player in the aircraft computers market. The company has a wide product portfolio that consists of various types of aircraft which includes Central Maintenance Computer (CMC), air data computers, and flight control computers. Through the aerospace segment, the company provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors. BendixKing, a subsidiary of Honeywell International is engaged in the development of innovative, reliable, and intuitive avionics for the general aviation aircraft.

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