Technology News, IT News, and Press release service Submit Press Release

Information Tech News & Press Release Distribution

Press release distribution service

Home | Search Global IT News:
IT News & Press Release Distribution:

Aircraft Interface Device Market worth 230.8 Million USD by 2021

(IT-NEWSWIRE.COM, September 27, 2018 ) The report "Aircraft Interface Device Market Aircraft Type (NBA, WBA, RTA, VLA, Business Jet, Rotary Wing Aircraft, and Fighter Jet), Connectivity (Wired, and Wireless), End User (Civil, and Military), Fit (Linefit, and Retrofit) - Global Forecast to 2021", is projected to reach USD 230.8 Million by 2021, at a CAGR of 14.76% from 2016 to 2021. Factors such as improved situational awareness, reduced maintenance cost & reduced operational cost due to less fuel consumption with help of AID and increase in demand for aircraft are expected to drive the growth of the aircraft interface device market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=241873689

Based on aircraft type, the narrow body segment of the aircraft interface device market is projected to grow at the highest CAGR during the forecast period. According to Boeing’s Outlook 2016, the global fleet size of narrow body aircraft is 14,870. Asia and North America have the largest fleet of narrow body aircraft, with 4,540 and 4,010 aircraft, respectively. By the end of 2035, the global fleet size of narrow body aircraft is expected to reach 32,280. The growth in the global fleet size, mapped contracts and the rapid adoption rate of AID in narrow body aircraft are expected to drive the demand for AID in the narrow body segment.

Based on connectivity, the wireless segment of the aircraft interface device market is anticipated to witness a higher growth from 2016 to 2021. Wireless aircraft interface devices are more preferred over wired devices, due the ease in installation and setup that they provide. Furthermore, wireless devices also eliminate issues associated with faulty wires and loose connector.

Based on end user, the civil segment of the aircraft interface is anticipated to witness higher growth. The civil aviation industry across the globe has been witnessing strong growth in recent years, driven by factors, such as rise in disposable income, increase in air travel, and growth in international tourism. This has resulted in the increased demand for new aircraft, which is expected to drive the demand for aircraft interface devices. The increasing demand for new aircraft is expected to propel the growth of the civil segment during the forecast period.

The aircraft interface device market in Asia-Pacific is anticipated to witness highest growth during the forecast period. Rapid growth in the aviation industry, increasing air passenger traffic, and economic growth are few factors projected to drive the growth of the market in the region. The presence of emerging aircraft manufacturers, such as COMAC (China), Mitsubishi Aircraft Corporation (Japan), HAL (India), among others is expected to fuel the growth of Asia-Pacific.

Key players in the aircraft interface device market include United Technologies Corporation (U.S.), Rockwell Collins, Inc. (U.S.), Teledyne Control (U.S.), Esterline Technologies Corporation (U.S.), Astronics Corporation (U.S.), navAero Inc. (Sweden), and Arconics (Ireland).

MarketsandMarkets

Mr. Shelly Singh

1-888-600-6441

sales@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

Information Technology Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology (IT) Advertisement
    Information Technology Sponsors



    Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    ITPresswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    :: Home: :: Submit Press Release :: Subscribe to News :: Shop Online :: Contact Us :: Help

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    ITPresswire.com - Newswire and Press Release service of GroupWeb Media LLC