Global Aircraft Sensors Market: Key Highlights
Global Aircraft Sensors Market: Key Market Dynamics
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Global Aircraft Sensors Market: Regional Overview
The North America is expected to dominate the aircraft sensors market during forecast period. Adoption of wireless technologies, presence of global players such as Honeywell international Inc. will create some positive changes in the growth of the aircraft sensors market. US and Canada will drive the aircraft sensors market in North America. In August 2017, Honeywell International Inc. launched self-diagnosing sensors designed to improve the performance of aircraft systems and reduce maintenance costs by helping to eliminate false readings. It is integral health monitoring sensors which detect various faults and ca be integrated into thrust reverser actuation system, flight controls, and doors landing gear.
Asia-Pacific is expected to grow at faster rate during growth period. Asia Pacific region is comprised of 41 nations representing 56% of the world population. Federal Aviation Administration predicts that within the 2016-2036 timeframe, the total passengers transiting to and from the United States and the Pacific region will increase by 120%. This growth rate will increase new aircraft sales and services in Asia-Pacific region. According to Boing, over the next 20 years approximately 40% of all new commercial airplane deliveries will go to the Asia-Pacific region.
Global Aircraft Sensors Market: Key Players Overview
The company engages in the provision of solutions to power electric vehicles, aircrafts, digital factories, and smart homes. The company have its presence in over 150 countries with 110 engineering centers. The company provide wide range of critical sensor products such as pressure sensors, force sensors, position sensors, and temperature, and solutions for aerospace applications.
The company engages in the provision of various electronics and semiconductor components for automotive, consumer electronics, wearables, industrial, and healthcare among others. In aircraft sensors, the company provides temperature sensor, pressure sensor, and angle sensor among others.
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