With 5.5%, Aircraft Sensors Market Size, Share, Trends, Demand and Future Growth 2023 To 2029 | Exactitude Consultancy
The aircraft sensors market is expected to grow in the upcoming years due to the increasing demand for aircraft with advanced capabilities, such as enhanced situational awareness and fuel efficiency.
PUNE, India, March 21, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Aircraft Sensors Market.
The Global Aircraft Sensors Market at a CAGR of 5.5%, and it is expected to reach above USD 6.8 billion by 2029, over the forecast period.
Aircraft Sensors Market Growth in Upcoming Years
The aircraft sensors market is expected to grow in the upcoming years due to the increasing demand for aircraft with advanced capabilities, such as enhanced situational awareness and fuel efficiency. The use of sensors in aircraft plays a crucial role in ensuring safe and efficient operations. Sensors are used to monitor various parameters such as altitude, speed, temperature, pressure, and other critical parameters that affect the performance of the aircraft.
Moreover, the development of advanced sensor technologies, such as fiber optic sensors and wireless sensors, is expected to further drive the growth of the aircraft sensors market in the upcoming years. These sensors offer high accuracy, reliability, and durability, and can be used in harsh environments, making them ideal for aircraft applications.
In conclusion, the aircraft sensors market is expected to grow in the upcoming years, driven by the increasing demand for advanced aircraft capabilities and the development of advanced sensor technologies.
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Aircraft Sensors Market Drivers:
Driver: Increased usage of sensors for data sensing and measurement
The safe and effective control of aircraft requires feedback on a variety of flying circumstances as well as the state of various flight equipment and systems. Many sensors continuously monitor these circumstances and provide data to the flight computers so they can process it before the pilot sees it.
Flow sensors measure the amount of lubricating oil, liquid coolant, and fluid moving through the fuel transfer and bleed air systems. Liquid level sensors are used to keep track of the fluid levels in hydraulic reservoirs, collection sumps, and grey (waste) water reservoirs. Pressure sensors track the pressure in hydraulic systems, such as those used for braking, moving control surfaces, and raising and lowering landing gear. Rotating variable differential transformers (RVDT) and linear variable differential transformers (LVDT) are two types of position sensors that can measure the displacement of various aircraft components, including the deployment status of thrust reversers. For force and vibration, sensors are also employed. Temperature sensors are necessary to monitor hydraulic fluids, fuels, and refrigerants' properties as well as the temperature in environmental cooling systems. Temperature sensors include, but are not limited to, thermocouple temperature indicators, electrical resistance thermometers, ratiometer indications, and bimetallic temperature gauges.
Because to the importance of contemporary military airborne missions, extremely sophisticated navigational and surveillance systems that can detect long-range targets in low light situations have been developed. With sensor systems capable of acting in radar-denied zones, missile indication and deterrence systems play a significant role in combat-driven operations. The more awareness needed for an aircraft's operations; the more sensors are necessary. The market for them is driven by this.
Some Of The Notable Market Players Operating In The Global Aircraft Sensors Market Covered In This Report Are:
In March 2021, Teledyne Controls, LLC obtained FAA Supplemental Type Certification (STC) approval for installation of its new advanced Aircraft Cabin Environment Sensor (ACES) on Boeing 737 aircraft.
In November 2023, General Atomics Aeronautical Systems, Inc. was awarded a contract worth USD 93.3 million by the Joint Artificial Intelligence Center (JAIC) to improve the autonomous sensing capabilities of unmanned aircraft.
Browse the full "Aircraft Sensors Market Size by Platform (Fixed-Wing Aircraft, Rotary Blade Aircraft, and UAV), Sensor Type (Temperature, Pressure, Force, Speed, Torque, and Others), Application (Engine Turbine & APU, Flight Control & Actuation, Landing Gear & Brakes and others), Connectivity (Wired Sensors and Wireless Sensors), End Use (OEMs and Aftermarket), Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global trends and forecast from 2022 to 2029" Report and TOC at: https://exactitudeconsultancy.com/reports/4648/aircraft-sensors-market/
The Aircraft Sensors Market is segmented By Platform, By Sensor Type, By Application, By Connectivity, By End-Use and By Region.
Aircraft Sensors Market By Platform, 2023-2029, (USD Million)
Aircraft Sensors Market By Sensor Type, 2023-2029, (USD Million)
Aircraft Sensors Market By Application, 2023-2029, (USD Million)
Aircraft Sensors Market By Connectivity, 2023-2029, (USD Million)
Aircraft Sensors Market By End-Use, 2023-2029, (USD Million)
Aircraft Sensors Market By Region, 2023-2029, (USD Million)
Geographically, the Aircraft Sensors Market is segmented into North America, South America, Europe, APAC and MEA.
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Asia Pacific is anticipated to grow at the highest CAGR during the forecast period owing to the rise of the aviation industry due to increasing air travel. Moreover, the growing demand for new aircraft deliveries boosts the demand for aircraft sensors. The developments in regional and commercial aircraft programs will result in the growth of the aircraft sensor market.
Europe is expected to have excellent growth during the projection period due to an increase in funding for UAV advancements. In addition, the industry is being fuelled by the growing number of commercial drone applications.
Reasons To Buy Global Aircraft Sensors Report:
Furthermore, the market Research affirms the major global players in the Global Aircraft Sensors Market. Their key marketing strategies and advertising techniques have been highlighted to offer a clear understanding of the Global Market.
To Know An Additional Revised 2023 List Of Market Players, Request A Sample Report:
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