Aug 14, 2017   SOURCE: BusinessWire

Aircraft Sensors Market - Global Forecast to 2022 - Key Players are Boeing, Bombardier, Lockheed Martin, Bell Helicopter & Sikorsky Aircraft - Research and Markets

The "Aircraft Sensors Market by Platform (UAV, Fixed, and Rotary Wing Aircraft), Sensor (Pressure, Temperature, Speed, Proximity, GYRO), Application (Engine, Door, Environmental Control, Landing Gear), Connectivity, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The aircraft sensors market is projected to grow from USD 1.68 billion in 2017 to USD 2.25 billion by 2022, at a CAGR of 6.01% from 2017 to 2022.

This growth can be attributed to factors, such as an increase in demand for aircraft, increased investments in aircraft sensors by private equity groups, advancements in aircraft sensors technologies, among others. However, authorization from FAA and local aircraft regulatory bodies pertaining to aircraft sensors is anticipated to restrain the growth of this market.

By platform, the fixed-wing aircraft segment is estimated to account for the largest share of the aircraft sensors market in 2017. The growth of the fixed-wing aircraft segment of the aircraft sensors market can be attributed to the increased use of these type of aircraft for the commercial aviation sector. Furthermore, increase in demand for low-cost carriers is one of the factors driving the demand for narrow body aircraft, globally. According to Boeing's Outlook 2017, the global fleet size of narrow body aircraft is expected to reach 32,280 by the end of 2035. Asia is expected to account for almost 38% of the total expected deliveries by 2035. This growth can be attributed to the increase in demand for aircraft and rise in the adoption rate of aircraft sensors in these aircraft.

Companies Mentioned

  • Ametek, Inc.
  • Curtiss-Wright Corporation
  • Esterline Technologies Corporation
  • General Electric Company
  • Honeywell International Inc.
  • Meggitt PLC
  • Safran Electronics & Defense
  • TE Connectivity Ltd.
  • Thales Group
  • The Raytheon Company
  • UTC Aerospace Systems
  • Zodiac Aerospace

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Aircraft Sensors Market, By Sensor Type

8 Aircraft Sensors Market, By Application

9 Aircraft Sensors Market, By Platform

10 Aircraft Sensors Market, By Connectivity

11 Regional Analysis

12 Competitive Landscape

13 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/shzzk6/aircraft_sensors