VANCOUVER, B.C., Dec. 21, 2022 /PRNewswire/ — The aircraft sensors market reached USD 4.40 Billion in 2021 and is expected to register a CAGR of 9.7% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in Micro-Electrical Mechanical Systems (MEMS) technology are a key factor driving aircraft sensors market revenue growth.
Drivers:
Increasing investments in the development of Micro-Electrical Mechanical Systems and increasing demand for UAVs
Micro-Electro-Mechanical-Systems (MEMS) are small, intelligent systems that combine actuators, sensors, and a CPU or controller. MEMS are used in aerospace applications to increase performance and prolong durability while providing high-end capability at a low cost. MEMS has the ability to replace traditional flight control surfaces, improve the efficiency of turbines and compressors, decrease drag, and improve overall aerodynamic performance. In comparison to conventional systems, it gives a significant benefit in terms of size, weight, and price. One chip can include both the inertial and navigational units in their entirety.
Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/1418
MEMS technology has advanced to the point that it can withstand challenging conditions like high heat, vibration, etc. This market will grow as MEMS technology becomes more popular in the aviation sector. UAVs make use of a variety of sensors to enhance vehicle performance or collect data. Other UAVs use a variety of advanced sensor technologies, including LIDAR sensors (Light Detection and Ranging), which are used for navigation and imaging purposes, in addition to conventional sensors like flight control sensors, flow & level, temperature & pressure, and others.
The growing use of UAVs by the military for worldwide Intelligence, Surveillance, and Reconnaissance (ISR) activities is anticipated to boost the expansion of the aircraft sensors industry. Additionally, the market is expected to grow as a result of the increased usage of UAVs in missions that pose a risk to human life and the rising desire for contemporary warfare tactics.
Restraints:
Stringent Regulations and Guidelines by Aviation Safety Agencies
Regarding the use of electronic components in the aviation industry, there are stringent standards and regulations that must be followed. Manufacturers must adhere to rules set forth by the Federal Aviation Administration regarding safety and design considerations (FAA). The FAA’s regulations will prevent the market from expanding. For instance, the FAA planned to impose a USD 19.7 million penalty on the Boeing Company in March 2020 for allegedly installing sensor-containing equipment in 737 and 791 aircraft that had not been authorized as being compatible with the guiding systems.
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/aircraft-sensors-market
Growth Projections:
The aircraft sensors market is expected to register a CAGR of 9.7% over the forecast period and revenue is projected to increase from USD 4.40 Billion in 2021 to USD 10.02 Billion in 2030.
Current Trends and Innovations:
The sensors used in typical airplanes are connected via wired networks, which present issues with cable routing, noise, additional structural weight, and other things. In terms of flexibility in sensor configuration, design optimization, and weight optimization, the use of wireless sensors in aircraft has a number of noteworthy benefits. Wireless sensors are incorporated into the design of the new airplane. The primary advantage of wireless sensors over wired sensors is their light weight. The overall weight of the airplane is greatly increased by the weight of the electrical components, such as wires and cables. The OEMs are concentrating on lightening the aircraft to improve fuel efficiency, lower fuel costs, and lower carbon emissions. Therefore, the development of the aviation industry depends greatly on wireless sensors.
Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/1418
Strategic Initiatives:
Major companies included in the market report are The BOSCH Group, Eaton Corporation, Trimble Inc., TDK Corporation, Meggitt PLC, Curtiss-Wright Corporation, General Electric Company, Ultra Electronics, Thales Group and Lockhead Martin Corporation.
· On August 18, 2021, L3Harris Technologies was given a 5-year, USD 96 million IDIQ contract by the U.S. Special Operations Command to purchase WESCAM MX-electro-optical, infrared, and laser designator sensor suites and services. The WESCAM MX-10D and WESCAM MX-15D sensor systems from L3Harris will give the U.S. Army Special Operations Aviation Command access to multispectral imaging and designation capabilities for a variety of its aircraft. For more than 20 years, L3Harris WESCAM MX-Series solutions have effectively supported U.S. Army aircraft programs. The U.S. Army has now awarded two contracts for airborne sensor programs in the last three years. In the first, WESCAM MX-10D EO/IR sensor suites were part of a USD 454 million, multi-year IDIQ deal that supported the Army’s Tactical Unmanned Air Systems Shadow UAV (RQ-7Bv2) program.
Scope of Research
|
Report Details |
Outcome |
|
Market size in 2021 |
USD 4.40 Billion |
|
CAGR (2022–2030) |
9.7 % |
|
Revenue forecast to 2030 |
USD 10.02 Billion |
|
Base year for estimation |
2021 |
|
Historical data |
2019–2020 |
|
Forecast period |
2022–2030 |
|
Quantitative units |
Revenue in USD Billion and CAGR in % from 2022 to 2030 |
|
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
|
Segments covered |
Sensor Type, Aircraft Type, End-Use, and Region. |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
|
Country scope |
U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA |
|
Key companies profiled |
The BOSCH Group, Eaton Corporation, Trimble Inc., TDK Corporation, Meggitt PLC, Curtiss-Wright Corporation, General Electric Company, Ultra Electronics, Thales Group, and Lockhead Martin Corporation. |
|
Customization scope |
10 hours of free customization and expert consultation |
Custom Requirements can be requested for this Report [Customization Available] @ https://www.emergenresearch.com/request-for-customization/1418
Emergen Research has segmented aircraft sensors market on the basis of sensor type, aircraft type, end-use, and region:
- Sensor Type Outlook (Revenue, USD Billion; 2019–2030)
- Proximity Sensors
- Temperature Sensors
- Optical Sensors
- Pressure Sensors
- Force Sensors
- Flow Sensors
- Radar Sensors
- Others
- Aircraft Type Outlook (Revenue, USD Billion; 2019–2030)
- Fixed-Wing Aircraft
- Rotary Wing Aircraft
- Unmanned Aerial Vehicles
- Advanced Air Mobility
- End-Use Outlook (Revenue, USD Billion; 2019–2030)
- OEM
- Aftermarket
Latest Research Reports Published by Emergen Research:
Vulvovaginal Candidiasis Market, By Drug Type (Clotrimazole, Fluconazole, Ketoconazole, and Others), By Route of Administration (Oral, Topical, and Others), By Distribution Channel, and By Region Forecast to 2030
Lateral Flow Assay Components Market, By Product Type (Pads, Membranes, and Others), By Technique (Sandwich Assays, Multiplex Detection Assays, and Others), By Application, By End-Use, and By Region Forecast to 2030
Endoscope Reprocessing Market, By Product Type (High-Level Disinfectants And Test Strips, Detergents & Wipes, and Automated Endoscope Reprocessors), By End-Use, By Region Forecast to 2030
Electrophysiology Market, By Product (EP Laboratory Devices, and EP Ablation Catheters), By Indication (Atrial Flutter, WPW, AVNRT, and Others), By End-Use (Hospitals & Cardiac Centers and Others), and By Region Forecast to 2030
Breast Reconstruction Market, By Product (Breast Implant, Tissue Expander, and Acellular Dermal Matrix), By Procedure (Immediate and Delayed), By Type (Unilateral Breast Reconstruction) By End-use, and By Region Forecast to 2030
Healthcare Facility Management Market, By Product Type (Waste Management, Security Services, Other Products), By End-use (Hospitals & Clinics, Others), By Region Forecast to 2030
Transportation Management System Market By Component (Solutions, Services), By Transportation Mode, By Deployment Type (On-Premises, Cloud), By Vertical (Retail, Healthcare & Pharmaceutical, Manufacturing), By Region Forecast to 2030
Infrastructure as Code Market By Component (Tools and Services), By Type, By Deployment Type (On-Premise and Cloud), By Vertical (BFSI, IT & ITES, Government, Manufacturing, Telecom, and Retail), and By Region Forecast to 2030
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Emergen Research Media Citations: https://www.emergenresearch.com/media-citations
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Read our Press Release @ https://www.emergenresearch.com/press-release/global-aircraft-sensors-market
Trending Titles Rotator Cuff Injury Treatment Market | Soft Tissue Repair Market
Logo: https://mma.prnewswire.com/media/1579538/Emergen_Research_Logo.jpg
SOURCE Emergen Research