Global Air Data System Market Anticipated to Grow at a CAGR of 5.80% During 2016-2024


Posted July 3, 2018 by Steveblade

According to Goldstein Research, global air data system market is expected to reach USD 0.72 billion by 2024, growing at a CAGR of 5.80% over the forecast period 2016-2024.

 
According to Goldstein Research, global air data system market is expected to reach USD 0.72 billion by 2024, growing at a CAGR of 5.80% over the forecast period 2016-2024. The increasing demand for aircrafts in civil aviation industry coupled with rising frequency and number of passengers in air travel and growing international tourism which is demanding new aircrafts is eventually driving the demand for air data systems.
Global air data system market segmentation has been done on the basis of components, aircraft type, end user and geography. Based on aircraft types, unmanned air vehicles segment is projected to witness highest growth i.e. CAGR of 9.0% during the forecast period. Global air data system market is largely dominated by North America with a market share of 35.0% in 2016 due to presence of leading market players along with rising spending for increasing the number of military and commercial aircraft, helicopters and unmanned vehicles are thus supporting the growth of air data system market in the region.
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Global Air Data System Market Segmentation
On the basis of our in-depth analysis, Global Air Data System Market can be segmented as follows:
• Global Air Data System Market, Based on Components
1. Electronic Unit (Angle Of Attack And Stall Protection Systems)
2. Sensors (Pressure and Temperature Sensors)
3. Probes
• Global Air Data System Market, Based on Aircraft Type
1. Narrow Body Aircraft
2. Wide Body Aircraft
3. Very Large Aircraft
4. Regional Transport Aircraft
5. Business Jet
6. Fighter Jet
7. Military Transport Aircraft
8. Rotary Wing Aircraft
9. Unmanned Air Vehicles (UAV)
• Global Air Data System Market, Based on End-User
1. Civil Aviation Industry
2. Military
• Global Air Data System Market, By Region
1. North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
2. Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
3. Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
4. Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
5. Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
6. Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
“Global Air Data System Market Outlook 2024” contains detailed overview of the global air data system market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by components, aircraft type and end user.

Further, for the in-depth analysis, Global Air Data System Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This competitive intelligence reports also includes competitive outlook of some of the major players profiling of companies such as UTC Aerospace Systems, Rockwell Collins, Inc., Shadin Avionics, Honeywell International Inc., Thommen Aircraft Equipment, Curtiss-Wright Corporation, Aeroprobe Corporation, Astronautics Corporation of America, Ametek Inc., Meggitt PLC, Ikusi S.A, Resa Airport Data Systems, Northrop Grumman Corporation, Thales Avionics, Sagem Défense Sécurité, Optical Air Data Systems, LLC, GE Aviation, Rolls-Royce and CFM International, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Objective of Report:
• To analyze and forecast market size air data system market.
• To calculate the expected growth rate of air data system market.
• To identify market Key Players, driving factors, & trends air data system market with the help of SWOT Analysis.
• To identify and analyze the profiles of leading players involved in the manufacturing and supplying of air data system market
• To identify market opportunities for the existing and entry level players.
Overall, the report represents the global air data system market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on aviation and defense industry reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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[email protected]
www.goldsteinresearch.com
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Tags global air data system market , global air data system market size , global air data system market outlook , global air data system market share , global air data system market trends
Last Updated July 3, 2018