Aircraft Interface Device Market to experience an impressive growth of 16.2% during 2020-2025
February 04, 2020
Aircraft Interface Device Market is likely to witness an impressive CAGR of 16.2% during the forecast period. Growing need for situational awareness and surge in demand for real-time analytics are the prime drivers expected to underpin the growth of the global aircraft interface device market.
Click here to get a Free Sample of the report (with additional insights):
https://www.stratviewresearch.com/Request-Sample/200/aircraft-interface-device-market.html
Or
Read the summary of the report here:
https://www.stratviewresearch.com/200/aircraft-interface-device-market.html
Aircraft Interface Device Market Segment Insights:
By End-User Type:
The civil segment is estimated to dominate the market during the forecast period. The growth of the segment is owing to the robust growth of the civil aviation industry across the globe in recent years, heralded by factors, such as rise in air travel, increase in disposable income, and unprecedented growth in international tourism, among others.
By Aircraft Type:
The narrow-body aircraft segment led the market in 2018, and is estimated to continue its dominance during the forecast period. Boeing anticipated that there would be the total deliveries of 40,410 commercial aircraft worth US$ 6.25 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a collective share of 64.7% of the total commercial aircraft deliveries during the same period. An anticipated healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will majorly bolster the demand for commercial aircraft.
By Connectivity Type:
The wireless segment is expected to register a higher growth, driven by the ease-and-low investment for installation of wireless devices.
By Fit Type:
The retrofit segment is estimated to lead the overall aircraft interface device market, governed by the growing need for completely connected aircraft to minimize operational costs and the upgrading of various aircraft by airliners to install advanced systems.
By Region:
North America dominated the global aircraft interface device market in 2018, and is likely to continue its leading position during the forecast period, owing to the regional presence of major aircraft manufacturers, such as Lockheed Martin Corporation (U.S.), The Boeing Company (U.S.), Bell Helicopter (U.S.), Sikorsky Aircraft (U.S.), and Bombardier (Canada). These manufacturers help to facilitate demand for aircraft interface device. Further, airlines are also playing an attentive role in generating demand for AID through the retrofit segment. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/200/aircraft-interface-device-market.html
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176