PUNE, India, January 20, 2017 /PRNewswire/ --
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", published by MarketsandMarkets, is projected to reach USD 230.8 Million by 2021, at a CAGR of 14.76% from 2016 to 2021.
Browse 95 market data Tables and 53 Figures spread through 153 Pages and in-depth TOC on "Aircraft Interface Device Market"
Early buyers will receive 10% customization on this report.
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.
The narrow body segment is expected to witness the highest growth during the forecast period
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.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=241873689
The wireless segment is expected to witness a higher growth during the forecast period
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.
The civil end user segment of the aircraft interface device market is expected to witness higher growth during the forecast period
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 projected to witness highest growth 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.
Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=241873689
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).
Browse Related Reports
Air Data Systems Market by End User (Civil and Military), Aircraft Type (NBA, WBA, RTA, VLA, UAV, RWA, Military Aircraft, General Aviation, and Fighter Jet), Component (Electronic Unit, Probes, and Sensors) and Region - Global Forecast to 2021
Electronic Flight Bag (EFB) Market by Type (Portable (Class 1, Class 2) & Installed), Component (Hardware (Class 1, Class 2, Class 3), Software (Type A, Type B, & Type C)), & Geography - Global Forecasts to 2020
Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Visit MarketsandMarkets Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets