About G Meters
G Meter registers the "G" forces acting on the airframe during turbulent or aerobatic maneuvers. G Meter offers offer precision, durability, and accuracy and easy to operate. G Meter informs to pilot of acceleration experienced by the range experienced as well as the airframe during flight. It has functions that include data storage, communications, and validation. This is projected the significant growth of the G meter market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Duotech Services, Inc., Falcon Gauge, and Flight Data Systems. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global G Meters market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Duotech Services, Inc. (United States), Falcon Gauge (United States), Flight Data Systems (United States), Turnkey Instruments Ltd (United Kingdom), LXNAV (Netherlands), VAN'S AIRCRAFT, INC. (United States), GRT Avionics (United States), AeroVonics (United States) and Aeroshop.eu. (Lithuania) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global G Meters market by Type (Analog G Meters and Digital G Meters), Application (Military Aircrafts and Civil Aircrafts) and Region.
On the basis of geography, the market of G Meters 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 Distribution Channel, the sub-segment i.e. OEM will boost the G Meters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement and Development in G Meters
Market Growth Drivers:
Growing Aviation Sector in Developing Economies and Increasing Demand in Military Aviation from Developed and Developing Countries
Challenges:
Strict Regulation of Safety in the Aerospace Industry
Restraints:
High Cost Associated with Product
Opportunities:
Increasing Investment in the Research and Development, New Product Development by the Various Manufactures
Market Leaders and their expansionary development strategies
In MAY 2023 |, Bernhard Capital Partners, an infrastructure and services-focused private equity management firm, has acquired Duotech Services Inc., a provider of services for radar and related systems as well as radar products.
On 9th March, 2019, AeroVonics LLC has announced FAA certification of its initial launch product, the AV-20. With a total of 12 functions, the AV-20 incorporates a significant array of capabilities packed into a single, 2-inch form-factor instrument.
Key Target Audience
G Meter Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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.