Aircraft Sensors Market

Market Leader - Aircraft Sensors Market

Aircraft sensors are electro-mechanical and electronic devices that monitor, control, and process data related to various parameters of temperature, pressure, vibration, altitude, and fluid levels in aircraft cabin, engine, and fuel systems. Aircraft sensors are crucial for ensuring efficient flight control and increased situational awareness among the pilot and the ground support relay system. These factors are driving the need for aircraft sensors.

The Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period. The dynamics of the aircraft sensors market are influenced by events in the aerospace industry and global trade. With advancements in technology, the sensor technology or connectivity solutions that will be adopted in aircraft are expected to increase. However, the increasing adoption of digital technologies such as IoT, big data analytics, wireless sensor systems, and integrated sensor probes will reduce overall costs and drive the aircraft sensors market. nbm,mn bmnbmn b

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Contracts, agreements, investments, new product launches and acquisitions are among some of the key strategies adopted by the leading market players and various stakeholders to strengthen and sustain their position in the Aircraft Sensors Market. For instance, In January 2022, Royal Power Solutions, a maker of high-precision electrical connectivity components used in the electric vehicle, energy management, industrial, and mobility applications, was acquired by Eaton Corporation.

These leading players have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific, and Middle East.  

Major players operating in the aircraft sensors market include Honeywell (US), TE Connectivity (US), Meggitt PLC (UK), AMETEK Inc. (US), and Safran (France) among others. These key players offer aircraft sensors and services to different key stakeholders. These leading players have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific, and Middle East

Honeywell International Inc. (Honeywell) is a technology and manufacturing company that operates through four segments: Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. It manufactures accelerometers, barometers, magnetic sensors, radio frequency monitoring sensors, barometers, and inertial measurement units in its navigation and sensors segment for the aerospace industry for both, commercial and military applications.

Safran Group a French multinational organization deals with the manufacturing and selling of aerospace & defense equipment and technologies. It has the following three business segments: Propulsion, Aircraft Equipment & Defense, and Aircraft Interiors. The Propulsion business develops, produces, and sells propulsion and mechanical power transmission systems for drones, helicopters, training & combat aircraft, and commercial as well as military transport aircraft. The Aircraft Equipment & Defense segment includes systems and equipment for civil and military aircraft, as well as helicopters. It also includes avionics, security systems, onboard computers, fuel systems, nacelles, reversers, landing gear, and brakes. The segment that deals with airplane interiors produces cabin interiors for business, military, regional, medium-range, and long-range aircraft. Aircraft Interiors offers galleys, electrical inserts & trolleys, overhead bins, class dividers, passenger service units, cabin interior solutions, chilling systems, and cargo equipment.

TE Connectivity Ltd. deals in the design & manufacturing of connectivity & sensor solutions for a wide range of applications. Its business is primarily divided into three major segments: Industrial Solutions, Communications Solutions, and Transportation Solutions. The market segments for automotive, commercial transportation, and sensors are all served by the products provided by the Transportation Solutions segment. Products for distributing power, data, and signal are available in the Industrial Solutions segment. For the data, device, and appliance industries, the Communications Solutions section provides electronic components.

Meggitt PLC is a design and manufacturing organization that caters to the needs of the aerospace, defense, and energy industries. It caters to the aerospace sector through the following subsidies: Meggitt Equipment Group; Meggitt Polymers and Composites; Meggitt Sensing Systems; and Meggitt Aircraft Braking Systems. For operational aircraft, the Meggitt Aircraft Braking Systems segment manufactures wheels, brakes, and brake control systems. Engines and airframes are equipped with fire suppression systems thanks to the Meggitt Control Systems division. For a variety of civil and defense platforms, the Meggitt Polymers and Composites business provides sealing packages, complicated composites, and bladder fuel tanks. Engineered sensors are available from Meggitt Sensing Systems to monitor a range of factors, including vibration, temperature, speed, pressure, fluid level & flow, power distribution & storage systems, etc.

AMETEK is a US-based company that manufactures electromechanical and electrical devices for the aerospace, power, process, and industrial markets. It has operations across North America, Europe, Asia, and South America, and its business is divided into two main segments: Electronic Instruments ("EIG") and Electromechanical ("EMG"). Both segments cater to the demand for precision-measuring instruments, electronics, and analyzer systems for the aerospace & defense, healthcare, education, oil & power, heavy vehicles, and 3D manufacturing segments.

Related Reports:

Aircraft Sensors Market by aircraft type (Fixed-wing, Rotary-wing, UAVs, AAM), Application (Engine, Aerostructures, Fuel & Hydraulic, Cabin), Sensor Type, End Use (OEM, Aftermarket), Connectivity (Wired, Wireless) and Region - Global Forecast to 2027

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MarketsandMarkets™ INC.
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Aircraft Sensors Market Size,  Share & Growth Report
Report Code
AS 5471
RI Published ON
9/5/2022
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