According to the recent study the aerospace sensor market is projected to grow with a CAGR of 4% to 6% from 2020 to 2025. Growth in this market is primarily driven by increasing electronic components in the next generation programs and rising aircraft fleet size.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in aerospace sensor market by What are some of the
most promising potential, high-growth opportunities for the aerospace sensor
market by aircraft type (commercial aircraft, regional aircraft, general
aviation, helicopter, military aircraft, and UAV), sensor type (pressure,
temperature, speed, proximity, radar, flow, and others), sensor (engine,
airframe, flight deck & control system, interior, and others), connectivity
(wired and commercial aircraft), end user (OEMs and aftermarket), and region
(North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
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“Radar market is expected to remain the
largest segment during the forecast period.”
Based on sensor, the
aerospace sensor market is segmented into pressure, temperature, speed,
proximity, radar, flow, and others. Lucintel forecasts that the radar market is
expected to remain the largest segment.
“Within the aerospace sensor market, the commercial aircraft
segment is expected to remain the largest aircraft type.”
Based on aircraft type
the commercial aircraft segment is expected to witness the highest growth over
the forecast period due to the growth of narrow and wide body aircrafts.
“North America will dominate the aerospace sensor market in near
future.”
North America will
remain the largest region due to presence of major aircraft OEMs and part
fabricators. APAC is expected to witness the highest growth over the forecast
period due to growth of the upcoming commercial aircraft programs and growth of
the commercial aircraft fleet size.
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Major players of
aerospace sensor market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Honeywell, TE
Connectivity, Ametek, General Electric, Meggitt, and Safran are among the major
aerospace sensor providers.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/aerospace-sensor-market.aspx or helpdesk@lucintel.com.
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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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