The global commercial aircraft interface device is anticipated to grow at a significant CAGR of 6.2% during the forecast period (2022-2028). The data transfer between an aircraft’s electronic flight baggage (EFBs) and the aircraft data bus is enabled by aircraft interface devices. Aircraft interface devices are assisting airlines and MRO stations in the commercial aircraft market by expanding the usage of portable screens in cockpits as a replacement for traditional paper-based charts. The commercial aircraft interface device market may benefit from advancements in aircraft health management systems and a greater emphasis on predictive maintenance.
The market is being propelled by rising demand for new generation aircraft, as the use of aircraft interface devices becomes more demanding in the most recent commercial aircraft models. Furthermore, the aviation industry all around the globe is stressing avionics upgrades in order to improve the safety of aircraft, crews, and passengers. As a result of this factor, airlines are opting to upgrade their older aircraft with aircraft interface devices, boosting the market for aircraft interface devices. The International Air Transport Association (IATA) predicts that the number of commercial aviation passengers will increase to 7.2 billion by 2035, up from 3.8 billion in 2016.
The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance-
- In November 2019, United Technologies Corp. (UTC) acquired Rockwell Collins for $30 billion. This acquisition is expected to give UTC’s aerospace businesses a huge boost in capabilities, while additionally bolstering complementary offerings of technologically advanced aircraft equipment.
- In September 2019, Astronics Corp. introduced a new “extended range” version of its web FB Smart Aircraft Interface Device (AID). The new extended-range model expands the capabilities of the existing web FB line by allowing real-time, secure data transfer of the aircraft outside of the flight deck.
- In March 2019, Transdigm Group, Inc. acquired Esterline Technologies in order to grow its proprietary content platform for the defense and aerospace industries.
(Get 15% Discount on Buying this Report)
Get Sample Copy of Global Commercial Aircraft Interface Device Market at https://orionmarketreports.com/request-sample/?id=104745&submit=Request+Sample%0D%0A
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-United Technologies Corp., Rockwell Collins, Teledyne Technologies Inc., Astronics Corp., and Anuvu Operations LLC, among others.
A full report is available at: https://orionmarketreports.com/global-commercial-aircraft-interface-device-market/104745/
Global Commercial Aircraft Interface Device Market Report by Segment
By Type
- Wired
- Wireless
By Application
- Narrow-Body Aircraft
- Wide-Body Aircraft
- Regional Jets
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
