The global aircraft sensors market size is expected to reach USD 5.50 billion by 2030 and is projected to grow at a CAGR of 6.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is witnessing substantial growth, propelled by diverse factors influencing demand and fostering innovation within the industry. Technological advancements, especially in smart sensors and miniaturization, are transforming the market by providing enhanced features such as self-diagnosis and real-time data analytics.
Strict safety regulations enforced by aviation authorities such as the FAA and EASA are significantly boosting the demand for high-quality sensors. These regulations require continuous monitoring and data recording for safety-critical systems, pushing airlines and aircraft manufacturers to use reliable and precise sensors to meet safety standards. Additionally, the increasing use of unmanned aerial vehicles (UAVs) for military, commercial, and recreational purposes is a major growth driver.
Gather more insights about the market drivers, restrains and growth of the Aircraft Sensors Market
Another trend propelling the market is the retrofitting and upgrading of existing aircraft with modern sensors. Airlines and military forces are investing in extending the operational lifespan of older aircraft and improving their performance and safety through sensor enhancements. Emerging markets, especially in the Asia-Pacific region, are witnessing rapid growth in the aviation sector, offering significant opportunities for sensor manufacturers. Countries like China and India are experiencing increased air travel and the launch of new airlines, fueling the demand for new aircraft and sensor technologies.
Aircraft Sensors Market Report Highlights:
In terms of aircraft type, the commercial aircraft segment dominated the market with a global revenue share of more than 51% in 2023. This large share is driven primarily by upward growth in worldwide air passenger traffic and fleet expansion initiatives by major airlines. These aircraft heavily depend on various sensors to ensure safety, passenger comfort, and operational efficiency throughout their operational lifespan.Based on sensor type, the temperature sensors segment dominated the market in 2023. Temperature sensors are pivotal to the market and play a very important role in monitoring and regulating various aircraft systems. These sensors are necessary to measure temperature levels in cabin environments, cargo compartments, engines, and avionics. The temperature data is provided in real-time, ensuring optimal safety as well as performance and proactive maintenance.In terms of connectivity, the wired sensors segment dominated the market in 2023. This dominance can be attributed to their established reliability and critical role in aerospace applications. These sensors are hardwired directly to aircraft systems, ensuring secure and continuous data transmission without susceptibility to signal interference or latency issues often associated with wireless communication.In terms of application, the flight deck segment is projected to emerge as the fastest-growing segment over the forecast period. This growth is fueled by advancements in avionics technology and the increasing complexity of cockpit systems. Sensors in the flight deck play a crucial role in providing essential data to pilots for precise navigation, flight control, and situational awareness throughout all phases of flight.Browse more reports published by Grand View Research.
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TE Connectivity LtdHoneywell International Inc.Meggitt PLCAmetek Inc.THALESThe General Electric CompanyRaytheon Technologies CorporationCurtiss-Wright CorporationSafran SAHydra-Electric CompanyPCB Piezotronics IncAvidyne CorporationPrecision Sensors (United Electric Controls)About Grand View Research
Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.
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