The global aircraft computers market is projected to grow from USD 5.90 Billion in 2017 to 7.87 Billion by 2022, at a CAGR of 5.91% from 2017 to 2022.The aircraft computers market is driven by the increasing commercial aircraft deliveries across the globe.
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. This report also tracks and analyzes competitive developments, such as partnerships, mergers & acquisitions, new product developments, and research & development (R&D) activities in the aircraft computers market. The base year considered for this study is 2016 and the forecast period is from 2017 to 2022.
The Unmanned Aerial Vehicle (UAV) platform segment is projected to grow at the highest CAGR during the forecast period
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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.
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.
Market Ecosystem
The aircraft computers market has been segmented on the basis of platform, type, component, end user, and region. BAE Systems (UK), Honeywell (US), Rockwell Collins (US), Thales (France), Saab (Sweden), Curtiss-Wright (US), and Cobham (UK) are some of the manufacturers in this market. Contracts, new product launches, agreements, and acquisitions are the major strategies adopted by the key players in the aircraft computers market.
Regional Outlook
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.
Key Companies Outlook
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)
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