The Aircraft Interface Devices Market is Worth $354.10 Million, Globally,

New York, May 20, 2022 (GLOBE NEWSWIRE) — The Insight Partners has released the latest research study on “Aircraft Interface Devices Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Platform (Hardware and Software), Connectivity (Wired and Wireless), Fit Type (Line Fit and Retrofit) and Aircraft Type (Airfoil fixed and rotary wing)”, the global aircraft Interface Devices (AID) market growth is driven by growing military aircraft manufacturing, increasing investment from developing countries such as India to develop LCCs, Analysis of Aircraft Interface Devices via the Electronic Flight Bag (EFB) uses thousands of separate software algorithms to process radar data and raw flight plans from the traffic control system Aerial (ATC) Due to the advantages of the system, aircraft manufacturers are constantly emphasizing the installation of advanced aids on their models. In 2021, North America had a larger revenue share in the aid market estimated at 36.7% and is expected to lead the aid market over the forecast period.

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Report cover Details
Market size Value in US$174.06 million in 2021
Market size value per $354.10 million by 2028
Rate of growth CAGR of 11.5% from 2022 to 2028
Forecast period 2021-2028
Year of reference 2021
Number of pages 194
Number of tables 106
Number of graphs and figures 81
Historical data available Yes
Segments Covered Platform, Connectivity, Fit Type and Aircraft Type
Regional scope North America; Europe; Asia Pacific; Latin America; AEM
Country scope United States, United Kingdom, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends

Aircraft Interface Devices Market: Competitive Landscape and Key Developments
Key players in the Aircraft Interface Devices market include Thales Group; Honeywell International, Inc.; AMETEK, Boeing and Collins Aerospace. In addition to these players, there are several other significant players operating in the aircraft interface devices market, such as Viasat, Inc.; Astronics Corporation; Anuvu; Carlisle Companies Incorporated; and SCI Technology, Inc.—which were analyzed during this market research.

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In 2017, Teledyne Controls and Avionics Support Group, Inc. (ASG) signed a joint marketing agreement to promote Teledyne’s GroundLink AID+ Aircraft Interface Device (AID) solution alongside ASG’s proven line of mounting devices and Electronic Flight Bag (EFB) power supplies to provide a complete connectivity solution.

In 2019, Viasat Inc, a global communications company, and Teledyne Controls LLC, a renowned manufacturer of advanced avionics systems, announced a collaboration to provide real-time connected cockpit services to commercial airlines. Airlines can offload Quick Access Recorder (QAR) data and reliably broadcast Aircraft Communications Addressing and Reporting System (ACARS) signals from the cockpit using Viasat’s IFC system in conjunction with Teledyne’s Aircraft Interface Device (AID).

The quest for advanced technologies, robust systems and rugged products continues to increase in the military sector globally. Defense forces are positively accepting technological advances in the field of military aircraft in both developed and developing regions. The purchase of technologically advanced military aircraft has grown stronger over the years, driving the market for aircraft component manufacturing to flourish. As military aircraft travel through harsh and harsh environments, the demand for effective aircraft tracking systems, aircraft health monitoring systems, and quick-access logging is high. Aircraft interface devices have simplified flight tracking and aircraft health monitoring procedures among military forces, thereby increasing the market size of aircraft interface devices.

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The COVID-19 pandemic has shaken the aerospace and defense, electronics and semiconductor, automotive, manufacturing and construction industries, among others. The huge spread of SARS-CoV-2 has urged governments around the world to impose strict restrictions on the movement of vehicles and humans. Travel restrictions, mass shutdowns and business closures have had adverse effects on the economies and industries of various countries. These restrictions on commercial and industrial activities have led to disruptions in supply chains and reduced production of raw materials, goods and services, thus hampering the growth of the global aircraft interface devices market. In addition, restrictions on foreign trade due to the lockdown of international borders, non-operational distribution channels and other precautionary measures taken by governments for public health and safety have hampered economies around the world.

The global aircraft manufacturing or modernization industry has a large number of well-established companies across the globe. For this reason, the bargaining power of buyers in the aircraft interface device market is high at present, however, the bargaining power of buyers is expected to decline to a moderate level in the coming years. Aircraft manufacturers such as Airbus, Boeing, Lockheed Martin Corporation, Bombardier, Dassault, Bell Helicopters and Textron Systems are competing to provide customers with the best products and due to this, aircraft manufacturers are changing sub -contractors of aircraft components over a period of time, in order to improve the systems.

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Due to the presence of a large number of aircraft manufacturers in the industry, the demand for aircraft interface devices in the aircraft interface devices market is rapidly increasing, as a result, aircraft manufacturers aircraft award manufacturers of aircraft interface devices a minimum contract amount. Thales Group; Honeywell International, Inc.; AMETEK, Boeing, and Collins Aerospace are some of the key players profiled while studying the Aircraft Interface Devices market.

The aircraft interface devices market is segmented on the basis of platform, connectivity, fit type, aircraft type, and geography. Based on platform, the aircraft interface devices market is segmented into hardware and software. Based on connectivity, the aircraft interface device market is categorized into wired and wireless. By fit type, the aircraft interface device market is divided into in-line fit and retrofit. Based on aircraft type, the aircraft interface device market is divided into fixed wing and rotary wing. On the basis of geography, the aircraft interface devices market is majorly split into North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. South and Central.

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