Data Bus Market

The data bus market has undergone technological advancements since the time of its evolution.

The data bus market is estimated to be at $5.74 billion in 2015 and is expected to grow at a CAGR of 8.30%, to reach $8.55 billion by 2020. The key growth regions are expected to be Europe, Asia-Pacific and Rest of the world (RoW). Brazil, Russia, Germany, Japan, India, China, and South Africa are expected to demonstrate consistent levels of growth.

A data bus is a sub system that transfers data between devices and computers connected over it. The data bus technology is used in many sectors most prominent of which are the military & civil aviation industry and the automotive industry.

MIL-STD-1553 has served the needs of military system integrators for over three decades, particularly in the area of command and control applications. Nevertheless, contemporary applications such as high-speed digitized sensors, file transfers, processor clusters, and displays require much higher data rates than 1553ís 1Mb/s. For some environments, particularly for legacy aircraft, the optional solution is to transmit faster data rates over existing 1553 buses. However, there are other applications that can accommodate and benefit by the deployment of gigabit or multi-gigabit copper or optical switched fabric networks.

Continuous increase in air traffic has increased the demand for new aircrafts deliveries. With the increase in the number of new aircraft, the demand for avionics in the aviation industry has increased. Avionics play a vital role in an aircraft to transmit data for purposes such as communication, monitoring, and navigation. The communication between the devices installed in an aircraft depends largely on the channel of data transmission. Intensive use of embedded electronics in the aviation industry has made it necessary to ensure safe, reliable, and full proof data transmission between the devices installed in an aircraft. The emerging need to enhance the reliability and availability of communication between the electronic devices has been the biggest growth driver for the data bus market.

The data bus market has undergone technological advancements since the time of its evolution. The up gradation of the data bus technology and its sub systems is done in ways to reduce the SWaP specifications of the aviation industry. The manufacturers of data bus focus on manufacturing data busses which will speed up the data transmission rate between the devices connected over the bus in a manner to achieve safe and reliable data transmission. Major challenges for this market include receiving the certification clearance from governing and regulatory bodies before and after the manufacture of the data bus.

The increasing demand for glass cockpits has driven the growth of the data bus market. The current trend in the market is the widespread use of integrated modular architectures, of increasing the bandwidth of the existing data busses to increase the speed of data transmission over the data bus.

The growth in the data bus market is expected to be consistent, during the forecast period. TE Connectivity Ltd, Rockwell Collins, Fairchild semiconductor international Inc., Fujikura Ltd, and Data Device Corporation are projected to be the market leaders and are expected to occupy a significant market share in the data bus market.

Related Reports:

Data Bus Market by Protocol (MIL-STD, AFDX, ARINC 429/629, CAN, TTP), by Application (Military, Commercial Aviation, Automotive), by Component (Micro couplers, Cables, Connectors, Accessories), by Geography - Global Forecasts & Analysis to 2020

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Data Bus Market Size,  Share & Growth Report
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