Quick Summary:
In the ever-evolving aviation industry, understanding the market dynamics of critical aircraft components, such as altimeters and Pitot tubes, is paramount for strategic business decisions. Our comprehensive report on the Global Aircraft Altimeter and Pitot Tube Market provides an in-depth analysis of the market projected to reach US$471.3 Million by 2030. This report is an indispensable tool for senior executives who value accurate projections, competitive intelligence, and strategic insights.
Delving into key segments such as Narrow-Body and Wide-Body Aircraft, and geographic markets from the U.S. to Asia-Pacific, our report examines growth trends and potential prospect areas. We put a spotlight on market leaders including Honeywell International, Inc., Rockwell Collins, Inc., and Thales Group, among others. To enhance your strategic planning, this research includes special features like online interactive peer-to-peer collaborative bespoke updates and complimentary updates for one year. Invest in your future today with our incisive market research.
Global Aircraft Altimeter and Pitot Tube Market to Reach $471.3 Million by 2030
The global market for Aircraft Altimeter and Pitot Tube estimated at US$354.7 Million in the year 2022, is projected to reach a revised size of US$471.3 Million by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030. Narrow-Body Aircraft, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$235.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wide-Body Aircraft segment is readjusted to a revised 3.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $96.6 Million, While China is Forecast to Grow at 6.2% CAGR
The Aircraft Altimeter and Pitot Tube market in the U.S. is estimated at US$96.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$96 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$61.8 Million by the year 2030.Select Competitors (Total 47 Featured) -
- Honeywell International, Inc.
- Rockwell Collins, Inc.
- Thales Group
- TransDigm Group, Inc.
- United Technologies Corporation (UTC)
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Aircraft Altimeter and Pitot Tube?
What is the growth rate of the Global Market for Aircraft Altimeter and Pitot Tube?
What is the forecasted size of the Global Market for Aircraft Altimeter and Pitot Tube?
Who are the key companies in the Global Market for Aircraft Altimeter and Pitot Tube?
| Report Attribute | Details |
|---|---|
| No. of Pages | 247 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 354.7 Million |
| Forecasted Market Value ( USD | $ 471.3 Million |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Honeywell International, Inc.
- Rockwell Collins, Inc.
- Thales Group
- TransDigm Group, Inc.
- United Technologies Corporation (UTC)
