Commercial Aircraft Angle of Attack Sensors Market was valued at USD 0.57 Billion in 2022 and is projected to reach USD 0.99 Billion by 2030, growing at a CAGR of 7.25% from 2024 to 2030.
The global market for commercial aircraft angle of attack (AOA) sensors was valued at approximately USD 1.2 billion in 2022. This market is projected to experience a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The increasing focus on aircraft safety, advancements in sensor technology, and the rising number of commercial aircraft are driving this growth. Additionally, stringent regulatory requirements for flight safety and performance are contributing to the demand for high-precision angle of attack sensors in the aviation sector.
Opportunities in the market are expanding with the advent of new technologies and the need for retrofitting existing aircraft with advanced sensor systems. Emerging markets in Asia-Pacific and Latin America are anticipated to see significant growth due to increasing air travel demand and expansion of aviation infrastructure. Investment in research and development for next-generation sensors and integration of these systems with modern avionics are expected to offer substantial growth prospects in the coming years.
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Garmin
Honeywell International
Rockwell Collins
Thales
Transdigm
United Technologies Corporation (UTC)
AMETEK
Dynon Avionics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Commercial Aircraft Angle of Attack Sensors Market
Narrow-body aircraft
Wide-body aircraft
Regional jet
Based on Types the Market is categorized into Below types that held the largest Commercial Aircraft Angle of Attack Sensors market share In 2023.
Vane angle of attack sensor
Zero pressure angle of attack sensor
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Commercial Aircraft Angle of Attack Sensors Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Commercial Aircraft Angle of Attack Sensors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Commercial Aircraft Angle of Attack Sensors Market, By Type
6. Global Commercial Aircraft Angle of Attack Sensors Market, By Application
7. Global Commercial Aircraft Angle of Attack Sensors Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Commercial Aircraft Angle of Attack Sensors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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