Global Aircraft Interface Device Market Likely to Grow at 12.5% CAGR During 2017 to 2022


Posted October 30, 2018 by Stratview_Research

This report, from Stratview Research, studies the global aircraft interface device market over the period 2017 to 2022
 
The Global Aircraft Interface Device (AID) Market: Highlights
Stratview Research foresees an excellent growth of 12.5% CAGR in the aircraft interface device market over the next five years (2017 – 2022), which offers an opportunity to the aerospace industry players to align themselves with the market growth.
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The author of the report stated that increasing deliveries of new commercial aircraft; requirement of efficient avionics integration system for real-time analytics; rising demand for easy access and low maintenance device; growing demand for better flight experience; and advancement in the technology are some of the growth drivers of the global aircraft interface device market.
Based on aircraft type, commercial aircraft has been the largest segment of the global aircraft interface device market and is forecasted to remain the largest segment over the next five years. The segment is also likely to witness the highest growth for the same period, driven by an increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737; an expected entry of upcoming aircraft, such as Comac C919; and rising aircraft fleet.
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In terms of connectivity type, wireless based aircraft interface device is projected to witness the highest growth over the next five years. Wireless interfaces will continue to replace the traditional wired interface devices as they offer several benefits, such as ease of access, better connectivity, better device interface, and ease of handling.
As per the study, North America is projected to remain the largest market for aircraft interface device during the forecast period. North America is the manufacturing capital of the aerospace industry with the presence of small to large OEMs in each aircraft category. However, Asia-Pacific is expected to experience the highest growth in the same period.
Astronics Corporation, United Technologies Corporation, Teledyne Controls, NavAero Inc., Rockwell Collins, and Esterline Technologies Corporation are the key players in the global aircraft interface device market. New product development and collaboration with OEMs are some of the key strategies adopted by companies to gain a competitive edge over other competitors.

Report Features
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:

Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
Market trend and forecast analysis.
Market segment trend and forecast.
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities.
Emerging trends.
Strategic growth opportunities for the existing and new players.
Key success factors.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.
We have a strong team of industry veterans and analysts having an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
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Last Updated October 30, 2018