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Air Data Systems - Global Market Trajectory & Analytics

  • ID: 4804478
  • Report
  • April 2021
  • Region: Global
  • 389 Pages
  • Global Industry Analysts, Inc
Global Air Data Systems Market to Reach $908.1 Million by 2027

Amid the COVID-19 crisis, the global market for Air Data Systems estimated at US$664.1 Million in the year 2020, is projected to reach a revised size of US$908.1 Million by 2027, growing at a CAGR of 4.6% over the period 2020-2027. Civil, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$688.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Military segment is readjusted to a revised 4.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $180.1 Million, While China is Forecast to Grow at 7.1% CAGR

The Air Data Systems market in the U.S. is estimated at US$180.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$183.5 Million by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 47 Featured):
  • Aeroprobe Corporation
  • AMETEK, Inc.
  • Astronautics Corporation of America
  • Curtiss-Wright Corporation
  • Honeywell International, Inc.
  • Meggitt PLC
  • Shadin Avionics LP
  • Thommen Aircraft Equipment Ltd.
  • United Technologies Corporation (UTC)
Frequently Asked Questions about the Global Market for Air Data Systems

What is the estimated value of the Global Market for Air Data Systems?

The Global Market for Air Data Systems was estimated to be valued at $664.1 Million in 2020.

What is the growth rate of the Global Market for Air Data Systems?

The growth rate of the Global Market for Air Data Systems is 4.6%, with an estimated value of $908.1 Million by 2027.

What is the forecasted size of the Global Market for Air Data Systems?

The Global Market for Air Data Systems is estimated to be worth $908.1 Million by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Air Data Systems: An Introductory Prelude
  • A Core Component of Electronic Flight Instrument System (EFIS)
  • Progressive Trend in Avionics Sector Creates Fertile Environment for ADS
  • Sustained Emphasis on Improving Cockpit Capabilities Creates Ample Room
  • Impact of Covid-19 and a Looming Global Recession
  • Expanding Aircraft Fleet Size Points Towards Massive Growth Potential for ADS Market
  • Growing Passenger & Cargo Traffic Stimulates Fleet Size Expansion
  • Established Role of Sensor Mechanisms in Safe & Effective Handling of Aircraft: A Primary Driver
  • Identifying Unreliable Airspeed Indications Made Easier with ADS
  • Critical Importance of Air Temperature Measurement Makes ADS a Must Have Component
  • Air Data Module (ADM) for Low-Cost, Distributed Air Data System
  • Pitot Probes: The Primary Input Providers for ADC
  • PRODUCT OVERVIEW
  • Air Data Systems: Introduction
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown
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