Aircraft Interface Device Market research report is a global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
Stratview Research announces the launch of a new research report on Aircraft Interface Device Market. This extensive report from Stratview Research, studies the Aircraft Interface Device Market over the trend period of 2012 to 2016 and forecast period of 2017 to 2022.
The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Aircraft Interface Device Market analysis has been segmented in four ways, keeping in mind the interest of all the stakeholders across the value chain.
- by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others) – Commercial aircraft has been the largest segment of the market.
- by Connectivity Type (Wire based AID and Wireless based AID) – Wireless based aircraft interface device will witness the fastest growth.
- by Fit Type (Line Fit and Retrofit) – Retrofit will remain the largest fit type segment.
- and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.
Aircraft Interface Device (AID) Market Insights
The aircraft interface device market is expected to grow at a double digit CAGR of 12.5% during the forecast period of 2017 to 2022. 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 aircraft interface device market.
The aircraft interface device market is segmented based on aircraft type as commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. Commercial aircraft has been the largest segment of the 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 fastest 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.
The aircraft interface device market is segmented based on connectivity type as wire and wireless. Wireless based aircraft interface device is projected to witness the fastest 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.
The aircraft interface device market is segmented based on fit type as line fit and retrofit. Retrofit is likely to remain the largest fit type during the forecast period, driven by rising fleet size, increasing requirement of upgrade the traditional system for better real-time analytics, an advancement in technology.
Both line fit and retrofit are likely to witness a healthy growth over the next five years.
North America is projected to remain the largest market for aircraft interface device during the forecast period. North America is the manufacturing capital of the aerospace industry with the presence of small to large OEMs in each aircraft category.
The region also owns one of the largest commercial aircraft fleets worldwide. Asia-Pacific is expected to experience the fastest growth for the same period.
The gradual shift of manufacturing/assembly plants of OEMs and upcoming indigenous commercial and regional aircraft, such as Comac C919, ARJ21, and MRJ, fuelled by increasing passenger traffic are likely to drive the Asia-Pacific region in the coming years.
Astronics Corporation, United Technologies Corporation, Teledyne Controls, NavAero Inc., Rockwell Collins, and Esterline Technologies Corporation are the key players in the 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.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value.
It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, Product portfolio, Product launches,.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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