Global Air Data Systems Market Size By Component (Hardware, Software), By Aircraft Type (Fixed-wing, Rotary-wing), By End-User (Commercial, Military) By Geographic Scope And Forecast

Report ID: 349257|No. of Pages: 202

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Global Air Data Systems Market Size By Component (Hardware, Software), By Aircraft Type (Fixed-wing, Rotary-wing), By End-User (Commercial, Military) By Geographic Scope And Forecast

Report ID: 349257|Published Date: May 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Air Data Systems Market Size And Forecast

Air Data Systems Market size was valued at USD 889.29 Million in 2024 and is projected to reach USD 1066.72 Million by 2031, growing at a CAGR of 2.30 % during the forecast period 2024-2031.

The industry is driven by the need for precise measurements of flight parameters like altitude, airspeed, and angle of attack. Other technological developments, including the integration of sensors, data processing algorithms, and communication capabilities, are also assisting the market’s expansion. Aircraft sales, passenger traffic, and the widespread adoption of cutting-edge avionics equipment are just a few of the variables that are projected to increase demand for air data systems. The market is growing as a result of improved air data systems being included in next-generation aircraft in response to regulations requiring higher levels of flight safety.

Air Data Systems Market is estimated to grow at a CAGR of 2.30% & reach US$ 1066.72 Mn by the end of 2031

Global Air Data Systems Market Definition

Air data systems, which are crucial to the operation of modern aircraft, are extensively relied upon by pilots. These devices measure and analyze a variety of parameters, including temperature, angle of attack, vertical speed, airspeed, and altitude. The data is sent to the cockpit screens so that the pilots may make informed decisions as they fly. Air data systems are used to gather data from sensors, probes, and other equipment deployed throughout the aircraft.

The data is then transmitted to the flight computer of the aircraft, where it is analyzed and utilized to calculate things like the actual speed and height of the aircraft. Air data systems are essential for today’s air travel efficiency and safety. They increase the safety and effectiveness of aircraft operations by providing pilots with reliable information on which to base their choices. Air data systems are also essential for automatic aircraft control, particularly in modern fly-by-wire systems.

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Global Air Data Systems Market Overview

The market for air data systems includes components like sensors, probes, air data computers, and related software. The market is being driven by factors such as the demand for more advanced avionics systems in newer aircraft, the expansion of automation and digitization in the aviation sector, and the rising significance of reliable data in the air. This industry is positioned to dominate the Air Data Systems Market as demand for high-tech avionics in commercial aircraft rises.

The military aviation industry is expected to experience a substantial increase thanks to unmanned aerial vehicles (UAVs) and other cutting-edge aircraft. The air data system, which gives precise information about the aircraft’s speed, altitude, and position, is a crucial part of the avionics system. The air data system is made up of several sensors that detect the air pressure, temperature, and airflow across the surfaces of the aircraft, such as pitot tubes, static ports, and angle of attack sensors.

Global Air Data Systems Market Segmentation Analysis

The Global Air Data Systems Market is Segmented on the basis of Component, Aircraft Type, End-User, and Geography.

 Air Data Systems Market Segmentation Analysis

Air Data Systems Market, By Component

  • Hardware
  • Software

Based on Component, the market is segmented into hardware and software. The hardware segment is expected to hold the largest market share due to the high demand for sensors and other components in the air data system.

Air Data Systems Market, By Aircraft Type

  • Fixed-wing
  • Rotary-wing

Based on Aircraft Type, the market is segmented into fixed-wing and rotary-wing. The fixed-wing segment is expected to hold the largest market share due to the high demand for commercial and military fixed-wing aircraft.

Air Data Systems Market, By End-User

  • Commercial
  • Military

Based on End-User, the market is segmented into commercial and military. The military segment is expected to hold the largest market share due to the high demand for air data systems in military aircraft for navigation, surveillance, and combat operations.

Air Data Systems Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Based on geography, the Air Data Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region is expected to dominate the market due to the high demand for air data systems in the commercial and military aviation sectors. The increasing air traffic and the growth of the airline industry in countries like China and India are also contributing to the growth of the market in this region. The North American and European markets are also expected to grow at a significant rate due to the increasing adoption of advanced avionics systems in commercial and military aircraft.

Key Players

The “Global Air Data Systems Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Honeywell International Inc., Thales Group, Rockwell Collins (now Collins Aerospace, a Raytheon Technologies company), Garmin Ltd., Meggitt PLC, Ametek Inc., UTC Aerospace Systems (now Collins Aerospace), Cobham PLC, Aspen Avionics, and Aeroprobe Corporation

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Air Data Systems Market Key Developments And Mergers

  • In 2020 – Honeywell’s “IntuVue RDR-7000,” a compact air data system introduced in 2020, delivers precise and trustworthy data on atmospheric conditions, turbulence, and aircraft performance.
  • In 2019 – Collins Aerospace’s New Advanced Air Data System, “Pro Line Fusion,” Integrates Air Data Sensors with State-of-the-Art Avionics to Improve Situational Awareness and Flight Control
  • In 2018 – Garmin released their integrated air data computer, the “GRA 5500,” which combines air data sensing and computation operations into a single unit, giving the flight deck accurate and trustworthy air data information.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Honeywell International Inc., Thales Group, Rockwell Collins, Garmin Ltd., Meggitt PLC, Ametek Inc., UTC Aerospace Systems, Cobham PLC, Aspen Avionics, and Aeroprobe Corporation.

SEGMENTS COVERED

By Component, By Aircraft Type, By End-User, and By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Air Data Systems Market was valued at USD 889.29 Million in 2024 and is projected to reach USD 1066.72 Million by 2031, growing at a CAGR of 2.30 % during the forecast period 2024-2031.

The industry is driven by the need for precise measurements of flight parameters like altitude, airspeed, and angle of attack.

The major players are Honeywell International Inc., Thales Group, Rockwell Collins, Garmin Ltd., Meggitt PLC, Ametek Inc., UTC Aerospace Systems, Cobham PLC, Aspen Avionics, and Aeroprobe Corporation.

The Global Air Data Systems Market is Segmented on the basis of Component, Aircraft Type, End-User, and Geography.

The sample report for the Air Data Systems Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF THE GLOBAL AIR DATA SYSTEMS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
3.5 Market attractiveness

4 GLOBAL AIR DATA SYSTEMS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL AIR DATA SYSTEMS MARKET, BY TYPE
5.1 Overview
5.2 Fixed-wing
5.3Rotary-wing

6 GLOBAL AIR DATA SYSTEMS MARKET, BY COMPONENT
6.1 Overview
6.2 Hardware
6.3 Software

7 GLOBAL AIR DATA SYSTEMS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of World
7.5.1 Latin America
7.5.2 Middle East and Africa

8 GLOBAL AIR DATA SYSTEMS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
8.4 ACE MatriX

9 COMPANY PROFILES

9.1 Honeywell International Inc.
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments

9.2 Garmin Ltd.
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments

9.3 Universal Avionics Systems Corporation
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments

9.4 Collins Aerospace (a Raytheon Technologies Corporation company)
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments

9.5 Thales Group
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments

9.6 Esterline Technologies Corporation
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments

9.7 Avidyne Corporation
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments

9.8 Aspen Avionics, Inc.
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments

10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations

11 Appendix
11.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Air Data Systems Market

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