About Aircraft Switches
Aircraft switch refers to a device used for making and breaking the connection of electric circuit in aircraft. The switch allows each connected device to talk to the others. Rise in demand for flight entertainment and connectivity is driving the market for Aircraft switch.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Aircraft Switches market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Safran (France), Honeywell (United States), Curtiss-Wright (United States), Meggitt (United Kingdom), Esterline Technologies (United States), Raytheon (United States), United Technologies Corporation (Collins Aerospace) (United States), Eaton Corporation (Ireland), Ametek (United States), TE Connectivity (Switzerland) and ITT Aerospace (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Hydra-Electric Company (United States), C&K (United States), Baran Advanced Technologies (Barantec) (Isreal) and Unison Industries (United States).
Segmentation Overview
AMA Research has segmented the market of Global Aircraft Switches market by Type (Manual and Automatic), Application (Cockpit, Cabin, Engine and Auxiliary Power Unit (APU), Aircraft Systems and Avionics) and Region.
On the basis of geography, the market of Aircraft Switches has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Platform, the sub-segment i.e. Fixed Wing will boost the Aircraft Switches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. OEM will boost the Aircraft Switches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Aircraft Switches
Market Growth Drivers:
Increasing Use of Electronics in Aircraft in Aircraft System and Growing Demand for In-Flight Entertainment and Connectivity
Challenges:
Complex Maintenance Procedures
Restraints:
Touch Screen Technology Being Replaced By Manual Switches
Opportunities:
Rise in Demand for Switches in Unmanned Aerial Vehicle and Space Application
Market Leaders and their expansionary development strategies
In December 2023, Honeywell unveiled its new touchscreen interface technology for aircraft switches. This technology allows pilots to interact with switches using intuitive touchscreen gestures, improving operational efficiency and reducing workload.
In November 2023, Honeywell Aerospace announced the acquisition of certain assets related to C&D Aerospace's commercial and military aircraft switch product lines. This acquisition strengthens Honeywell's position in the aircraft switch market and expands its product portfolio.
Key Target Audience
Aircraft Switches Manufacturer, Aircraft Switches Suppliers, Raw Material Supplier, Research Companies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.