The aircraft sensors market is projected to grow from USD 1.68 Billion in 2017 to USD 2.25 Billion by 2022, at a CAGR of 6.01% from 2017 to 2022. The market is segmented on the basis of platform, sensor type, connectivity, application, and region.
In terms of platform, the aircraft sensors market is segmented into fixed-wing aircraft, rotary-wing aircraft, and UAVs. The fixed-wing aircraft segment is estimated to lead the aircraft sensors market in 2017, and is expected to continue its dominance during the forecast period.
Based on sensor type, the aircraft sensors market is segmented into pressure sensors, temperature sensors, force sensors, torque sensors, speed sensors, position & displacement sensors, level sensors, proximity sensors, flow sensors, accelerometers, gyroscopes, pitot probes, radar sensors, Angle-of-Attack (AoA) sensors, altimeter sensors, smoke detection sensors, GPS sensors, and others. The gyroscopes segment is anticipated to grow at the highest CAGR from 2017 to 2022.
On the basis of connectivity, the aircraft sensors market is segmented and analyzed into wired sensors and wireless sensors.
The aircraft sensors market is studied for North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to lead the global aircraft sensors market in 2017. The aviation industry is one of the most profitable industries in North America, with major aircraft manufacturers, such as Boeing (US), Bombardier (Canada), Lockheed Martin (US), Bell Helicopter (US), and Sikorsky Aircraft (US) present in the region. These manufacturers help generate the demand for aircraft sensors. North America is expected to continue its dominance during the forecast period.