Global Aircraft Switches Market to Reach $2.5 Billion by 2030
The global market for Aircraft Switches estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030. Manual, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$1.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automatic segment is readjusted to a revised 3.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $531.3 Million, While China is Forecast to Grow at 5.5% CAGR
The Aircraft Switches market in the U.S. is estimated at US$531.3 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$504.1 Million by the year 2030 trailing a CAGR of 5.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.Select Competitors (Total 36 Featured) -
- Ametek
- Baran Advanced Technologies (Barantec)
- C&K
- Curtiss-Wright
- Eaton Corporation
- Esterline Technologies
- Honeywell
- Hydra-Electric Company
- ITT Aerospace
- Meggitt
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- Global competitiveness and key competitor percentage market shares
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ametek
- Baran Advanced Technologies (Barantec)
- C&K
- Curtiss-Wright
- Eaton Corporation
- Esterline Technologies
- Honeywell
- Hydra-Electric Company
- ITT Aerospace
- Meggitt
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2 Billion |
Forecasted Market Value ( USD | $ 2.5 Billion |
Compound Annual Growth Rate | 2.8% |
Regions Covered | Global |