(I-BusinessNews.Com, October 31, 2018 )
Stratview Research announces the launch of a new market research report on Global Aircraft Interface Device (AID) Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), by Connectivity Type (Wire and Wireless), by Fit Type (Line Fit and Retrofit), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017 – 2022
The Global Aircraft Interface Device (AID) Market: Highlights
Stratview Research foresees an excellent growth of 12.5% CAGR in the aircraft interface device market over the next five years (2017 – 2022), which offers an opportunity to the aerospace industry players to align themselves with the market growth.The author of the report stated that increasing deliveries of new commercial aircraft; requirement of efficient avionics integration system for real-time analytics; rising demand for easy access and low maintenance device; growing demand for better flight experience; and advancement in the technology are some of the growth drivers of the global aircraft interface device market.
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Commercial aircraft has been the largest segment of the global aircraft interface device market and is forecasted to remain the largest segment over the next five years. The segment is also likely to witness the highest growth for the same period, driven by an increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737; an expected entry of upcoming aircraft, such as Comac C919; and rising aircraft fleet. Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Wireless based aircraft interface device is projected to witness the highest growth over the next five years. Wireless interfaces will continue to replace the traditional wired interface devices as they offer several benefits, such as ease of access, better connectivity, better device interface, and ease of handling.Asia-Pacific is expected to experience the highest growth in the same period.
Astronics Corporation, United Technologies Corporation, Teledyne Controls, NavAero Inc., Rockwell Collins, and Esterline Technologies Corporation are the key players in the global aircraft interface device market. New product development and collaboration with OEMs are some of the key strategies adopted by companies to gain a competitive edge over other competitors.
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