Global Air Data System Market Anticipated to Grow at a CAGR of 5.80% during 2016-2024

New York, USA, 2018-Oct-16 — /EPR Network/ —According to Goldstein Research, global air data system market is expected to reach USD 0.72 billion by 2024, growing at a CAGR of 5.80% over the forecast period 2016-2024. The increasing demand for aircraft in civil aviation industry coupled with rising frequency and number of passengers in air travel and growing international tourism which is demanding new aircraft is eventually driving the demand for air data systems.

Global air data system market segmentation has been done on the basis of components, aircraft type, end user and geography. Based on aircraft types, unmanned air vehicles segment is projected to witness highest growth i.e. CAGR of 9.0% during the forecast period. Global air data system market is largely dominated by North America with a market share of 35.0% in 2016 due to the presence of leading market players along with rising spending for increasing the number of military and commercial aircraft, helicopters and unmanned vehicles are thus supporting the growth of air data system market in the region.

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Market Segmentation

On the basis of our in-depth analysis, Global Air Data System Market can be segmented as follows:

Based on Components

• Electronic Unit (Angle Of Attack And Stall Protection Systems)
• Sensors (Pressure and Temperature Sensors)
• Probes

Based on Aircraft Type

• Narrow Body Aircraft
• Wide Body Aircraft
• Very Large Aircraft
• Regional Transport Aircraft
• Business Jet
• Fighter Jet
• Military Transport Aircraft
• Rotary Wing Aircraft
• Unmanned Air Vehicles (UAV)

Based on End-User

• Civil Aviation Industry
• Military

By Region

• North America Air Data System Market Analysis, 2016-2024
• Europe Air Data System Market Analysis, 2016-2024
• The Middle East And Africa Air Data System Market Analysis, 2016-2024
• Latin America Air Data System Market Analysis, 2016-2024
• Asia Pacific Air Data System Market Analysis, 2016-2024
• Rest Of The World Air Data System Market Analysis, 2016-2024

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“Air Data System Market Analysis” contains a detailed overview of the global air data system market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by components, aircraft type, end user and geography.

The Air Data System Market Report highlights the competitive outlook of major global players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of the air data system market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global air data system market discussed in the report are: 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, SagemDéfenseSécurité, Optical Air Data Systems, LLC, GE Aviation, Rolls-Royce and CFM International,etc.

Further, Global Air Data System Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Air Data System Market size also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

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