Aircraft Computers Market Scope
Growth in the aviation industry globally is the major factor driving the demand for aircraft computers. The rise in demand may be attributed to factors such as increasing aircraft deliveries, development of advanced aircraft computers, and up-gradation of existing aircraft fleet, and increasing demand for UAV. Moreover, increasing demand from the developing economies expected to generate lucrative opportunities for aircraft computer market growth during the forecasted period.
According to AMA, the Global Aircraft Computers market is expected to see growth rate of 5.8%Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the synthetic fibers market. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Aircraft Computers market throughout the predicted period.
BAE Systems (United Kingdom), Cobham (United Kingdom), Curtiss-Wright (United States), Esterline Technologies (United States), Saab (Sweden), Rockwell Collins (United States), United Technologies (United States), Thales (France), Honeywell (United States) and Safran (France) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Aircraft Computers market by Type (Flight Controls [Flight Control Computers, Flight Guidance Computers, Flight Director Computers, Flight Augmentation Computers, Air Data Computers, Autopilot Computers], Engine controls [Full Authority Digital Engine Control (FADEC), Electronic Engine Control (EEC)], Flight Management Computers, Mission Computers and Utility Controls [Fuel Management Computers, Central Maintenance Computers, Display Management Computers]) and Region with country level break-up.
On the basis of geography, the market of Aircraft Computers 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).
Influencing Trend:
Emphasizing On Development of New and Advanced Aircraft Computers
Market Growth Drivers:
Increasing Number of Aircraft Deliveries and Growing Aviation Industry Globally
Challenges:
Clearing Existing Backlogs In Aircraft Deliveries and Threat from Cyberattacks
Restraints:
Stringent Aviation Regulations and Lack of Skilled Technical Professionals
Opportunities:
Upgradation of Existing Aircraft Fleet and Increasing Demand for UAV
Market Leaders and their Expansionary Development Strategies
On 21 January 2022, Curtiss-Wright Corporation announced that it has entered into an agreement to acquire the assets that comprise the Safran Aerosystems Arresting Company (SAA).SAA is a designer and manufacturer of aircraft emergency arresting systems with more than 5,000 systems worldwide and currently sells into more than 70 countries.
On 6 October 2022, Honeywell launches ‘cloud connected’ integrated avionics system Anthem.Honeywell has developed a new line of avionics that the company says is lighter and more intuitive than current systems and that significantly advances the state of avionics connectivity and autonomy, potentially one day allowing for fewer pilots in the cockpit.The company revealed its new “Anthem” flight deck. Anthem can be adapted to any class of aircraft – from small in-development air taxis to general aviation types, business jets to commercial airliners
“According to the Federal Aviation Administration (FAA), the aircraft certification service is concerned with the approval of software and airborne electronic hardware for airborne systems (e.g., autopilots, flight controls, engine controls), as well as that used to produce, test, or manufacture equipment to be installed on airborne products. The FAA Aircraft Certification Service develops policy, guidance and training for software and airborne electronic hardware that has an effect on the airborne product.”
Key Target Audience
Manufacturers of Aircraft Computers, Component Manufacturers of Aircraft Computers, Aircraft Manufacturers, System Integrators, Government and Certification Bodies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.