Aircraft Computer Market To Reach USD 9.4 Billion By 2027 | CAGR 6.3% - Forencis Research

Aircraft Computers Market Size, Share, Trends, Growth, Analysis, Research

Global Aircraft Computer Market: Key Highlights

  • According to the new market research report Aircraft Computer Market  by Component (Hardware and Software), by Type (Flight Management Computer (FMC), Flight Control Systems, Engine and Fuel System, Utility Control System and Mission Computers), by Platform (Single Aisle Aircraft, Twin Aisle Aircraft, Business and General Aviation and Others), by End-User (OEM and Aftermarket), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2019 to 2027).The global aircraft computer market is estimated to reach USD 9.4 Billion by 2027 at a CAGR of around 6.3% during the review period.
  • The increasing usage of flight management system (FMS) which increase the computer system function by automation in flight tasks features which is projected to enhanced the growth of the market
  • However, security issues remain a major challenging factor for the growth of the aircraft computer market in the forecast period. 

Global Aircraft Computer Market: Key Market Dynamics

  • The growing advancement in technologies increase the operation efficiency and safety which may rise the market growth.
  • Some of the security issue is related to the system such as passenger information and entertainment system domain which may hinder the market growth.
  • It helps to reduce the workload for pilot and crew member, by increase the security and efficiency which will boost the market growth in forecast period.
  • Adoption of automated system uses of control systems and information technologies reducing the workload which enhance the market growth.

Global Aircraft Computer Market: Regional Overview

  • Asia-Pacific

According to International Trade Administration (ITA), In 2018, China's civil aviation transportation turnover reached 121 billion ton-kilometers; passenger traffic for 2018 reached 610 million passengers. Also, China government has development its aviation system a national priority which has spent USD 100 billion to establish airlines, build and upgrade aircraft develop domestic manufacturing and increase maintenance capacity. According to the International Air Transport Association (IATA), in 2014 the region experiences the highest growth rate in international passenger traffic as compared to other region with 5.8% increase every year.

Hence, the growing demand of aircraft in the region may lead to create a positive impact for the growth of the aircraft computer market in the region.

  • Europe

According to the European Commission, every year the new state-of-the-art aircraft join the European fleet to accommodate growth and replace old aircraft and advance the operational features. Various European companies, such as Pipistrel, are currently developing electric power plants for aircraft. Moreover, in 2017 there is about 9.6 million flights EU28+EFTA (European Free Trade Association) airport and is projected to increase by 42% between 2017 and 2040 under the base traffic forecast. Furthermore, the European Union contributed around USD 1.67 Billion from connecting Europe facility program for enhancing the operational stakeholder.

Therefore, the growing adoption technology in the region will be projected to lead the demand for the market.

Global Aircraft Computer Market: Key Players Overview

  • BAE Systems.:

BAE Systems is a global defense, aerospace and security company which provides  services that cover air, land and naval forces as well advanced electronic, security, information technology, and support services. Moreover, the company fly-by-wire (FBW) control systems is a major operational of aircraft which includes flight control computers (FCC), our active inceptor systems (AIS) and active control sticks (ACS), actuator control electronics (ACE), and our remote electronics units (REU). Furthermore, in 2018 BAE Systems to provide flight controls for next-generation F-16s in UAE, whereas digital flight control computer is the latest high integrity control BAE Systems will provide for F-16 aircraft.

  • Cobham Limited:

Cobham is a leading global technology and services innovator for providing solutions to the issues from deep space to the depths of the ocean. The company operate from manufacturing locations in the USA, UK and continental Europe, and satellite location and sales it globally. Moreover, the company offers jetLAN airborne information management system for in-flight entertainment, cabin management, and aircraft computing application. Furthermore, in 2018 Eurosatory offers Cobham the opportunity to enhanced the feature that ensure safety and security around the world. And in 2019, Cobham Aerospace Communications Dourdan is being awarded a prestigious prize for innovation, the global leading rotary wing manufacturer Airbus Helicopters.

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Published : 2020-02-25