With 5.5%, Aircraft Sensors Market Size, Share, Trends, Demand and Future Growth 2023 To 2029 | Exactitude Consultancy

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Mar 21, 2023, 05:06 ET

The aircraft sensors market is expected to grow in the upcoming years due to the increasing demand for aircraft with advanced capabilities, such as enhanced situational awareness and fuel efficiency.

PUNE, India, March 21, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Aircraft Sensors Market.

The Global Aircraft Sensors Market at a CAGR of 5.5%, and it is expected to reach above USD 6.8 billion by 2029, over the forecast period.

Aircraft Sensors Market Growth in Upcoming Years

The aircraft sensors market is expected to grow in the upcoming years due to the increasing demand for aircraft with advanced capabilities, such as enhanced situational awareness and fuel efficiency. The use of sensors in aircraft plays a crucial role in ensuring safe and efficient operations. Sensors are used to monitor various parameters such as altitude, speed, temperature, pressure, and other critical parameters that affect the performance of the aircraft.

Moreover, the development of advanced sensor technologies, such as fiber optic sensors and wireless sensors, is expected to further drive the growth of the aircraft sensors market in the upcoming years. These sensors offer high accuracy, reliability, and durability, and can be used in harsh environments, making them ideal for aircraft applications.

In conclusion, the aircraft sensors market is expected to grow in the upcoming years, driven by the increasing demand for advanced aircraft capabilities and the development of advanced sensor technologies.

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Aircraft Sensors Market Drivers:

Driver: Increased usage of sensors for data sensing and measurement

The safe and effective control of aircraft requires feedback on a variety of flying circumstances as well as the state of various flight equipment and systems. Many sensors continuously monitor these circumstances and provide data to the flight computers so they can process it before the pilot sees it.

Flow sensors measure the amount of lubricating oil, liquid coolant, and fluid moving through the fuel transfer and bleed air systems. Liquid level sensors are used to keep track of the fluid levels in hydraulic reservoirs, collection sumps, and grey (waste) water reservoirs. Pressure sensors track the pressure in hydraulic systems, such as those used for braking, moving control surfaces, and raising and lowering landing gear. Rotating variable differential transformers (RVDT) and linear variable differential transformers (LVDT) are two types of position sensors that can measure the displacement of various aircraft components, including the deployment status of thrust reversers. For force and vibration, sensors are also employed. Temperature sensors are necessary to monitor hydraulic fluids, fuels, and refrigerants' properties as well as the temperature in environmental cooling systems. Temperature sensors include, but are not limited to, thermocouple temperature indicators, electrical resistance thermometers, ratiometer indications, and bimetallic temperature gauges.

Because to the importance of contemporary military airborne missions, extremely sophisticated navigational and surveillance systems that can detect long-range targets in low light situations have been developed. With sensor systems capable of acting in radar-denied zones, missile indication and deterrence systems play a significant role in combat-driven operations. The more awareness needed for an aircraft's operations; the more sensors are necessary. The market for them is driven by this.

Competitive Insight

Some Of The Notable Market Players Operating In The Global Aircraft Sensors Market Covered In This Report Are:

Honeywell International
TE Connectivity Ltd
Ametek
General Electric Company
Meggitt PLC
Safran S.A. (France)
Woodward
Thales Group (France)
Zodiac Aerospace (France). and others. *The Company List Is Indicative

Recent Developments:

In May 2021, L3Harris Technologies was awarded a contract worth USD 96.4 million by the U.S. Special Operations Command (SOCOM) to modernize the forward-looking infrared systems on military-rotary wing aircraft. The SOCOM is expecting to invest USD 7.6 million in initial defense-wide funds to procure sensors and program management services.

In March 2021, Teledyne Controls, LLC obtained FAA Supplemental Type Certification (STC) approval for installation of its new advanced Aircraft Cabin Environment Sensor (ACES) on Boeing 737 aircraft.

In November 2023, General Atomics Aeronautical Systems, Inc. was awarded a contract worth USD 93.3 million by the Joint Artificial Intelligence Center (JAIC) to improve the autonomous sensing capabilities of unmanned aircraft.

Browse the full "Aircraft Sensors Market Size by Platform (Fixed-Wing Aircraft, Rotary Blade Aircraft, and UAV), Sensor Type (Temperature, Pressure, Force, Speed, Torque, and Others), Application (Engine Turbine & APU, Flight Control & Actuation, Landing Gear & Brakes and others), Connectivity (Wired Sensors and Wireless Sensors), End Use (OEMs and Aftermarket), Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global trends and forecast from 2022 to 2029" Report and TOC at: https://exactitudeconsultancy.com/reports/4648/aircraft-sensors-market/

Segment Overview:

The Aircraft Sensors Market is segmented By Platform, By Sensor Type, By Application, By Connectivity, By End-Use and By Region.

Aircraft Sensors Market By Platform, 2023-2029, (USD Million)

Fixed-Wing Aircraft
Rotary Blade Aircraft
UAV

Aircraft Sensors Market By Sensor Type, 2023-2029, (USD Million)

Temperature Sensor
Pressure Sensor
Force Sensor
Speed Sensor
Torque Sensor
Accelerometer Sensor
Flow Sensor
Position Sensor
Proximity Sensor
GPS Sensor
Gyroscope
Radar Sensor
Smoke Detection Sensor
Angle Of Attack Sensor
Level Sensor
Vibration Sensors
Airspeed And Altitude Sensor
Others

Aircraft Sensors Market By Application, 2023-2029, (USD Million)

Engine, Turbine, And APU
Flight Controls And Actuation
Landing Gear & Brakes
Environmental Control System
Doors & Slides
Cabin, Galley, And Cargo
Cockpit Controls

Aircraft Sensors Market By Connectivity, 2023-2029, (USD Million)

Wired Sensors
Wireless Sensors

Aircraft Sensors Market By End-Use, 2023-2029, (USD Million)

OEM
Aftermarket

Aircraft Sensors Market By Region, 2023-2029, (USD Million)

North America
Europe
Asia Pacific
South America
Middle East And Africa.

Regional Analysis

Geographically, the Aircraft Sensors Market is segmented into North America, South America, Europe, APAC and MEA.

North America: includes the US, Canada, Mexico
Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
South America: includes Brazil, Argentina and Rest of South America
Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA

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Regional Insights

Asia Pacific is anticipated to grow at the highest CAGR during the forecast period owing to the rise of the aviation industry due to increasing air travel. Moreover, the growing demand for new aircraft deliveries boosts the demand for aircraft sensors. The developments in regional and commercial aircraft programs will result in the growth of the aircraft sensor market.

Europe is expected to have excellent growth during the projection period due to an increase in funding for UAV advancements. In addition, the industry is being fuelled by the growing number of commercial drone applications.

Reasons To Buy Global Aircraft Sensors Report:

Current and future outlook of the Global Aircraft Sensors Market in developed and emerging markets.
Analysis of various market perspectives with the help of Porter's five forces analysis.
The segment that should dominate the Global Aircraft Sensors Market.
Regions that are expected to see the fastest growth during the forecast period.
Identifies the latest developments, global Aircraft Sensors Market shares and strategies used by major market players.

Furthermore, the market Research affirms the major global players in the Global Aircraft Sensors Market. Their key marketing strategies and advertising techniques have been highlighted to offer a clear understanding of the Global Market.

To Know An Additional Revised 2023 List Of Market Players, Request A Sample Report:
https://exactitudeconsultancy.com/reports/4648/aircraft-sensors-market/#request-a-sample

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