New York, July 08, 2022 (GLOBE NEWSWIRE) — Aircraft Computer Market Overview
According to a comprehensive research report by Market Research Future (MRFR), “aircraft computer market Insights by End User, Platform, Component and Region – Forecast to 2030the market is expected to reach $8.7 billion by 2030 with a healthy CAGR of over 6.7% during the review period.
Computers have allowed airlines to become more efficient and convenient, from booking tickets to designing and producing aircraft. With the emergence of personal computers and the Internet, travelers now have complete freedom to book their flights and choose their seats. The sophisticated and fluid airfare system made possible by computers allows savvy travelers to find discounted prices on many routes. The effects of digital technology on civilian aircraft are most visible in the cabin of a modern airliner. A few computer screens have replaced dozens of dials and gauges. Each of these changes in the pilot‘s office results from different computer systems. Twin flight management computers, one of which serves as a backup to the other, are under overall command.
Before departure, the crew of two enters the flight plan – speeds, altitudes and intermediate destinations – into both computers simultaneously using either keyboard; the data is accessible on a small screen above each keyboard. Once the plane is in the air, the computers take over, piloting it, continually checking its many complex systems, and sending data to auxiliary computers.
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|Market size 2030||8.7 billion|
|Forecast units||Value (USD billion)|
|Report cover||Revenue forecasts, competitive landscape, growth factors and trends|
|Segments Covered||Per end-user based, per platform-based, per component-based|
|Geographical areas covered||North America, Europe, Asia-Pacific, Middle East and Africa and Latin America|
|Key Market Drivers||
Market Competitive Landscape:
Major Players of Aviation Computers Market are
- Boeing (USA)
- Bombardier Inc. (Canada)
- GE Aviation (USA)
- Kontron S&T AG (Germany)
- General Dynamics Mission Systems, Inc. (USA)
- Garmin Ltd. (United States)
- BAE Systems (UK)
- Cobham Limited (UK)
- Curtiss-Wright Corporation (USA)
- Esterline Technologies (USA)
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Covered USP market:
Aircraft computers can perform flight management, engine performance, utility management, command center and other important tasks. The inclusion of modern computers such as Flight Enhancement Computers, Flight Guidance Computers, Air Data Computers, Flight Director Computers and Central Maintenance Computers makes flying more efficient and fuel efficient. fuel. Pilots are not required to exert as much energy during the trip. These elements are important drivers for the expansion of the aviation computer market.
The growing need for aircraft computers in commercial, military, paramilitary and public services is expected to drive the overall growth of the industry in the near future. Major airlines and enterprises are engaging in the advancement of technology, accelerating the global expansion of the aircraft computer market.
Major manufacturers are geared towards advancing and upgrading aircraft fleets, and end users are well aware of key operations performed by aircraft computers, such as aircraft development, operations regulation in flight, improved safety, etc. These elements are expected to boost the overall growth of the industry over the forecasted period.
The increasing frequency of cyber-attacks and stringent requirements set by government agencies to improve passenger safety have necessitated higher quality products, which are considered a major restraint in the growth of the aircraft computer market. The need for software-hardware integration is higher because these components may not work or work properly without integration, hampering the operation of on-board computers. Such problems are considered as vital restraints for the growth of the aviation computer industry. The failure of in-flight software solutions and the effective management of engine and utilities are seen as significant challenges to the overall economic growth of the aviation computer industry.
The increased demand for improving passenger safety while reducing pilot effort is a serious problem for manufacturers. The growing number of applications and passenger deliveries around the world pose a significant challenge to the expansion of the aviation computer market.
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COVID 19 analysis
The aviation computer market environment has changed in recent years due to changing requirements and increasing development of the industry. On the other hand, the epidemic reduced production in the aeronautical sector. The recent reduction in production units and design teams has significantly influenced the growth of the market.
Based on the platform
Due to the increasing demand for military and commercial fixed-wing aircraft, the fixed-wing aircraft category is expected to dominate the market throughout the forecast period.
Based on end user
The OEM market is expected to grow at a CAGR during the forecast period. The rapid expansion can be attributed to aircraft refurbishment projects and the deployment of aircraft computers to be installed on modern aircraft rolling off the assembly line.
Flight control computers help the pilot control the aircraft’s altitude, speed, and direction. During the projected period, the flight control segment is expected to increase.
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The North American region was the largest consumer of aircraft computers, and this position is expected to continue during the forecast period. The presence of major aircraft manufacturers is driving the aviation computer market in this region. The aircraft computer market in Europe and Asia-Pacific is also expected to grow significantly, driven by the growing demand for large aircraft and widebody aircraft. North America leads the aviation computer industry due to the full commitment of major companies. The growth of various aircraft manufacturers is expected to drive the growth of the market in the European region. The developing aviation industry in China, Japan and India will fuel significant growth in the APAC region for aircraft computers.
Major manufacturers are looking to emerging markets such as India and China, which are expected to experience substantial growth due to large infrastructure expenditures in these countries. Increasing international travel and passenger traffic in Brazil, the Gulf Cooperation Council and South Africa will drive major growth in the region for aircraft computers.
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