Global Air Data System Market
Air data systems (ADS) provide critical flight information of the aircraft to the pilot during the flight regime. Majorly these systems include pitot static probes, angle of attack (AOA), stall protection systems along with the outside and total air temperature sensors. Air data systems help the pilot to maintain the airspeed precisely and precision landings. In other words, air data systems are advanced and integrated solutions made for modern aircraft which is fuelling market growth across the globe.
Goldstein Research analyst forecast the air data system market valued USD 0.72 billion in 2016 and is estimated to grow at a CAGR of 5.80% during the forecast period 2016-2024.
Covered In This Global Air Data System Market Report
The report covers the present ground scenario and the future growth prospects of the air data system market for 2016-2024 along with the total sales of air data system products in every region. We calculated the market size and revenue share on the basis of revenue generated from the sales of aircrafts with air data system to the end-users across the globe.
Global Air Data System Market Segmentation
Based on Components
Electronic Unit (Angle Of Attack And Stall Protection Systems)
Sensors (Pressure and Temperature Sensors)
Based on Aircraft Type
Narrow Body Aircraft
Wide Body Aircraft
Very Large Aircraft
Regional Transport Aircraft
Military Transport Aircraft
Rotary Wing Aircraft
Unmanned Air Vehicles (UAV)
Based on End-User
Civil Aviation Industry
Based on Geography
North America (U.S. & Canada) Air Data System Market
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Air Data System Market
Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Air Data System Market
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Air Data System Market
Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Air Data System Market
Based on aircraft types, unmanned air vehicles are projected to witness highest growth during the forecast period. Extensive applications of UAV for surveillance and information gathering mainly for military purpose are supporting the growth of air data systems for unmanned air vehicles. Unmanned air vehicle is expected to grow at a CAGR of 9.0% during the forecast period.
Air Data System Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global air data system market. The report also includes porters five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global air data system market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.
Our global air data system market report comprises of the following companies as the key players in the air data system market: UTC Aerospace Systems, Rockwell Collins, Inc., Shadin Avionics, Honeywell International Inc. and Thommen Aircraft Equipment.
Other high-flying vendors in the market are: Curtiss-Wright Corporation, Aeroprobe Corporation, Astronautics Corporation of America, Ametek Inc., Meggitt PLC, Ikusi S.A, Resa Airport Data Systems, Northrop Grumman Corporation, Thales Avionics, Sagem Défense Sécurité, Optical Air Data Systems, LLC, GE Aviation, Rolls-Royce and CFM International.
According to our global air data system market study on the basis of extensive primary and secondary research: One of the growing trends which is gaining huge traction by leading market players is introduction of air data system with advance integrated system. Weight reduction of aircrafts without compromising with the aircraft quality is shifting the key players attention towards advanced ADS over tradition air data system to improve the accuracy in data and performance of the aircraft.
According to the report, major driver for expansion air data system market is the increasing demand for aircrafts in civil aviation industry. Rising frequency and number of passengers in air travel and growing international tourism is demanding new aircrafts which is eventually supporting the increasing demand for air data systems.
Further, the report states that one challenge in air data system market is longer life expectancy of aircraft flight control system is leading to decline in the investment on new air data system. However, growing demand for new aircrafts is expected to play a significant role in the growth of data system market.
Based on geography, North America is the dominating region for global air data systems market and held 35% of total market share in 2016. Presence of leading market players along with rising spending for increasing the number of military and commercial aircraft, helicopters and unmanned vehicles are supporting the growth of air data system market in the region. Growing investment to increase the aircraft strength is generating new business scopes for air data systems market in the Middle East & Africa region.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
For a full detailed overview, send us the sample request.
Key questions answered in this Air Data System report
What is the total market size by 2024 and what would be the expected growth rate of air data system market?
What is the total number of aircrafts and sales of air data system in 2015-16 and what would be the expected demand over the forecast period?
What are the key market trends?
What are the factors which are driving this market?
What are the major barriers to market growth?
Who are the key vendors in this market space?
What are the market opportunities for the existing and entry level players?
What are the recent developments and business strategy of the key players?
We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.