Global Air Data System Market Is Anticipated To Reach USD 1.13 Billion By 2024

By Goldstein Research || 2018-03-07 3:46:49 AM

No Image

Reliability and Performance: Propelling adaptability of air data system

According to Goldstein Research, “Rising demand for aircraft equipped modern air data computers which can accurately measure critical air mass properties are fuelling the demand for air data systems across the globe. Accurate prediction and tracking of atmospheric pressure changes during aircraft regime are bolstering the need for advanced sensor technology and integration of air data systems and is expected to contribute in the growth of air data system market.

Global Air Data System Market Outlook 2024

Global air data system (ADS) market is segmented on the basis of components, by aircraft types and by the end user. The end-user segment is further categorized into the military and civil sector. The civil aviation industry is experiencing a strong growth owing to the expansion of travel and tourism industry. Rising number of air passengers is significantly boosting the demand for new aircraft and creating new business opportunities for air data system market.

Global air data system market is anticipated to reach USD 1.13 billion by 2024, where Asia-Pacific is the fastest growing region for global air data system market. Asia-Pacific air data system market is anticipated to grow at a remarkable CAGR of 7.0% during the forecast period. Massive spending on increasing the number of aircrafts for both civil and military purpose in countries such as China, Japan, South Korea, Thailand and India are expected to propel the air data system market in Asia-Pacific region.

Advanced Sensors & Integrated Systems: Boosting the Demand for Air Data System

SmartProbe ADS which is a multi-function probe with air data and stall protection computers is recently launched by UTC Aerospace Systems. SmartProbe ADS is specifically designed to improve the aircraft performance by delivering more accurate digital air data and to meet all the advanced requirements in fly-by-wire and digital flight controls. UTC Aerospace Systems invested in advanced micro-electro-mechanical systems (MEMS) and wind tunnels to meet all the requirements and advancements in ADS by the end-user and thereby supporting the growth of air data system market across the globe.

Global Air Data System Market

The report contains a detailed overview of the global air data system market in terms of market segmentation by types of data, by components, by application and by end user. Further, for the in-depth analysis, the 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.

Global air data system market also provides competitive outlook of some of the major players of global air data system market which includes 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. 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.

Overall, the report represents comprehensive synopsis on the air data system market that will help industry consultants, equipment manufacturers, 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.

Send Us Sample Request

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. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in the
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