The Aircraft Computers Global Market Report 2023, provides comprehensive information on the aircraft computers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Aircraft Computers Global Market Report 2023, the market size is expected to grow from $5.43 billion in 2022 to $5.82 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global aircraft computer market size is expected to reach $7.41 billion in 2027 at a CAGR of 6.3%.
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Technological advancements are a key trend gaining popularity in the aircraft computer market. Major market players are concentrating their efforts on creating innovative technologies such as automation technology, IoT and cloud technology, and blockchain technologies to sustain their position in the market. For instance, in July 2021, Collins Aerospace, a US-based manufacturer of technologically advanced and intelligent solutions for the aerospace and defense industries, launched Perigon, a computer for a broad range of commercial and defense platforms. It is equipped with Intel’s Atom x6400E software, advanced computing power, and an open-system architecture with various complex software applications such as autonomous and fly-by-wire flight control, cybersecurity, predictive health maintenance, and vehicle management. Perigon, with its unique mix of power and flexibility, is poised to assist clients in meeting tomorrow’s flight computing requirements.
The aircraft computers market is segmented:
1) By Product Type: Flight Controls, Flight Management Computers, Engine Controls, Utility Control, Mission Controls
2) By Platform Type: Fixed-Wing Aircraft, Rotary Wing Aircraft, UAV (Unmanned Aerial Vehicles)
3) By Component Type: Hardware, Software
4) By End-User Type: OEM (Original Equipment Manufacturer), Aftermarket
North America was the largest region in the aircraft computers market in 2022.
The table of contents in TBRC’s aircraft computers market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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