The aircraft computers market has grown strongly in recent years. It will grow from $5.82 billion in 2023 to $6.21 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The expansion observed during the historical period can be attributed to several factors, including the evolution of avionics technology, the implementation of stringent safety regulations, the emergence of digital cockpits, the increased integration of automation systems, and the growing applications in military settings.
The aircraft computers market is expected to see strong growth in the next few years. It will grow to $7.92 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The rise projected in the forecast period is due to heightened demands for advanced avionics, integration of AI and machine learning, expanded connectivity requirements, the progress of autonomous flight, and the implementation of cybersecurity measures. Key trends anticipated during this period encompass alignment with environmental initiatives, the emergence of adaptive and autonomous systems, enhancements in efficiency and performance, adoption of edge computing, and the increasing prominence of artificial intelligence.
The anticipated surge in air traffic is poised to drive the growth trajectory of the aircraft computers market. This increase in air traffic pertains to the movement and operational activities of aircraft both in flight and on airport surfaces, excluding loading ramps and parking areas. Aircraft computers play a pivotal role in managing and controlling aircraft traffic by processing substantial data. To accommodate this rise in air traffic, there is a growing demand for advanced flight control and communication systems within the air traffic control domain. These systems heavily rely on aircraft computers for their efficient operation. Furthermore, the upsurge in tourism activities has contributed significantly to the escalation of air traffic. For instance, as reported by the International Air Transport Association in April 2023, global air traffic surged by 55.5%, domestic traffic rose by 25.2%, and international traffic soared by 89.7% compared to the previous year. Consequently, this increase in air traffic is a driving force behind the growth of the aircraft computer market.
The burgeoning government expenditure in the defense sector is poised to propel the expansion of the aircraft computers market. Defense expenditure encompasses the financial resources allocated towards weaponry, operational activities, maintenance, personnel, and specialized military equipment. Increased government spending in this sector serves as the financial bedrock for fostering innovation, bolstering security measures, and enhancing overall aircraft computer systems. This continuous investment enables these systems to operate at optimal levels and cater to the evolving demands of modern defense requirements. Notably, as indicated by the United States Air Force in March 2023, the proposed budget request for the Air Force's fiscal year 2024 stands at approximately $215.1 billion, marking a $9.3 billion or 4.5% increase over the previous fiscal year's approved figure. Therefore, the upward trend in government spending within the defense sector significantly contributes to the growth trajectory of the aircraft computers market.
Technological advancements stand as a prominent trend driving evolution within the aircraft computer market. Key industry players are channeling their efforts towards innovative technologies such as automation, Internet of Things (IoT), cloud computing, and blockchain to fortify their foothold in the market. For instance, in July 2021, Collins Aerospace, a leading US-based manufacturer specializing in cutting-edge aerospace and defense solutions, introduced Perigon, a versatile computer designed for a wide array of commercial and defense platforms. This system integrates Intel’s Atom x6400E software, boasting advanced computing power and an open-system architecture. Perigon offers complex software applications including autonomous and fly-by-wire flight control, cybersecurity, predictive health maintenance, and vehicle management. Its unique blend of power and adaptability aims to assist clients in meeting the future demands of flight computing.
Major companies within the aircraft computer market are forging strategic partnerships to develop sophisticated flight control computers, amplifying revenues in the market. Collaborations among these entities foster the integration of state-of-the-art technologies into aircraft computer systems. For example, in November 2021, Airbus, Thales, and Diehl Aerospace joined forces in a trilateral agreement to develop flight control computers for the CityAirbus NextGen, an electric vertical takeoff and landing (eVTOL) aircraft. Thales is tasked with providing the primary flight computers, while Diehl Aerospace is supplying the secondary flight computers. This diverse setup aims to enhance flight safety and ensure system integrity, aligning with new EASA regulations for eVTOL aircraft. The collaborative effort strives to create a secure and innovative flight control solution supporting the future of air mobility.
In May 2022, AeroVironment Inc., a prominent US-based manufacturer specializing in unmanned aircraft systems and tactical missile systems, acquired Planck AeroSystems. This undisclosed acquisition aimed to expand AeroVironment's portfolio in advanced UAV navigation and obstacle avoidance technologies. Planck AeroSystems, renowned for its unmanned aircraft navigation solutions, computer vision tools, software, and control algorithms, complements AeroVironment's quest for enhanced technological capabilities in the unmanned aerial systems domain.
Major companies operating in the aircraft computers market report are BAE Systems plc, Cobham plc, Curtiss-Wright Corporation, Honeywell International Inc., Rockwell Collins- RTX Corporation, Saab AB, Safran S.A., Thales Group, TransDigm Group, Garmin Ltd., General Electric Co., General Dynamics Mission Systems Inc., Lockheed Martin Corporation, Thommen Aircraft Equipment Ltd., Air Data Inc., Airbus SE, Sagetech Avionics Inc., Advanced Aircraft Company, Xwing Inc., Scientific Systems Company Inc., Formic Technologies Inc., Anduril Industries Inc., Seoul Robotics, Starship Technologies, Voliro Airborne Robotics Company, Attabotics, Kongsberg Defence & Aerospace AS, Elbit Systems Ltd., General Atomics Aeronautical Systems Inc., AeroVironment Inc., Northrop Grumman Corporation, Boeing Company.
North America was the largest region in the aircraft computers market in 2023. The regions covered in the aircraft computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aircraft computers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of aircraft computers include flight controls, flight management computers, engine controls, utility controls, and mission controls. Flight controls are responsible for managing airborne vehicles from the ground, relaying critical information to pilots via radio and electronic devices. They find application across various aircraft platforms, encompassing fixed-wing aircraft, rotary-wing aircraft, and Unmanned Aerial Vehicles (UAVs). These systems comprise both hardware and software components, serving Original Equipment Manufacturers (OEMs) and the aftermarket industry.
The aircraft computers market research report provides aircraft computers market statistics, including aircraft computers industry global market size, regional shares, competitors with an aircraft computers market share, detailed aircraft computers market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft computers industry. This aircraft computers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft computer market consists of sales of air data computers, avionics control computers, on-board maintenance computers, and communication control computers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The aircraft computers market is expected to see strong growth in the next few years. It will grow to $7.92 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The rise projected in the forecast period is due to heightened demands for advanced avionics, integration of AI and machine learning, expanded connectivity requirements, the progress of autonomous flight, and the implementation of cybersecurity measures. Key trends anticipated during this period encompass alignment with environmental initiatives, the emergence of adaptive and autonomous systems, enhancements in efficiency and performance, adoption of edge computing, and the increasing prominence of artificial intelligence.
The anticipated surge in air traffic is poised to drive the growth trajectory of the aircraft computers market. This increase in air traffic pertains to the movement and operational activities of aircraft both in flight and on airport surfaces, excluding loading ramps and parking areas. Aircraft computers play a pivotal role in managing and controlling aircraft traffic by processing substantial data. To accommodate this rise in air traffic, there is a growing demand for advanced flight control and communication systems within the air traffic control domain. These systems heavily rely on aircraft computers for their efficient operation. Furthermore, the upsurge in tourism activities has contributed significantly to the escalation of air traffic. For instance, as reported by the International Air Transport Association in April 2023, global air traffic surged by 55.5%, domestic traffic rose by 25.2%, and international traffic soared by 89.7% compared to the previous year. Consequently, this increase in air traffic is a driving force behind the growth of the aircraft computer market.
The burgeoning government expenditure in the defense sector is poised to propel the expansion of the aircraft computers market. Defense expenditure encompasses the financial resources allocated towards weaponry, operational activities, maintenance, personnel, and specialized military equipment. Increased government spending in this sector serves as the financial bedrock for fostering innovation, bolstering security measures, and enhancing overall aircraft computer systems. This continuous investment enables these systems to operate at optimal levels and cater to the evolving demands of modern defense requirements. Notably, as indicated by the United States Air Force in March 2023, the proposed budget request for the Air Force's fiscal year 2024 stands at approximately $215.1 billion, marking a $9.3 billion or 4.5% increase over the previous fiscal year's approved figure. Therefore, the upward trend in government spending within the defense sector significantly contributes to the growth trajectory of the aircraft computers market.
Technological advancements stand as a prominent trend driving evolution within the aircraft computer market. Key industry players are channeling their efforts towards innovative technologies such as automation, Internet of Things (IoT), cloud computing, and blockchain to fortify their foothold in the market. For instance, in July 2021, Collins Aerospace, a leading US-based manufacturer specializing in cutting-edge aerospace and defense solutions, introduced Perigon, a versatile computer designed for a wide array of commercial and defense platforms. This system integrates Intel’s Atom x6400E software, boasting advanced computing power and an open-system architecture. Perigon offers complex software applications including autonomous and fly-by-wire flight control, cybersecurity, predictive health maintenance, and vehicle management. Its unique blend of power and adaptability aims to assist clients in meeting the future demands of flight computing.
Major companies within the aircraft computer market are forging strategic partnerships to develop sophisticated flight control computers, amplifying revenues in the market. Collaborations among these entities foster the integration of state-of-the-art technologies into aircraft computer systems. For example, in November 2021, Airbus, Thales, and Diehl Aerospace joined forces in a trilateral agreement to develop flight control computers for the CityAirbus NextGen, an electric vertical takeoff and landing (eVTOL) aircraft. Thales is tasked with providing the primary flight computers, while Diehl Aerospace is supplying the secondary flight computers. This diverse setup aims to enhance flight safety and ensure system integrity, aligning with new EASA regulations for eVTOL aircraft. The collaborative effort strives to create a secure and innovative flight control solution supporting the future of air mobility.
In May 2022, AeroVironment Inc., a prominent US-based manufacturer specializing in unmanned aircraft systems and tactical missile systems, acquired Planck AeroSystems. This undisclosed acquisition aimed to expand AeroVironment's portfolio in advanced UAV navigation and obstacle avoidance technologies. Planck AeroSystems, renowned for its unmanned aircraft navigation solutions, computer vision tools, software, and control algorithms, complements AeroVironment's quest for enhanced technological capabilities in the unmanned aerial systems domain.
Major companies operating in the aircraft computers market report are BAE Systems plc, Cobham plc, Curtiss-Wright Corporation, Honeywell International Inc., Rockwell Collins- RTX Corporation, Saab AB, Safran S.A., Thales Group, TransDigm Group, Garmin Ltd., General Electric Co., General Dynamics Mission Systems Inc., Lockheed Martin Corporation, Thommen Aircraft Equipment Ltd., Air Data Inc., Airbus SE, Sagetech Avionics Inc., Advanced Aircraft Company, Xwing Inc., Scientific Systems Company Inc., Formic Technologies Inc., Anduril Industries Inc., Seoul Robotics, Starship Technologies, Voliro Airborne Robotics Company, Attabotics, Kongsberg Defence & Aerospace AS, Elbit Systems Ltd., General Atomics Aeronautical Systems Inc., AeroVironment Inc., Northrop Grumman Corporation, Boeing Company.
North America was the largest region in the aircraft computers market in 2023. The regions covered in the aircraft computers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aircraft computers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of aircraft computers include flight controls, flight management computers, engine controls, utility controls, and mission controls. Flight controls are responsible for managing airborne vehicles from the ground, relaying critical information to pilots via radio and electronic devices. They find application across various aircraft platforms, encompassing fixed-wing aircraft, rotary-wing aircraft, and Unmanned Aerial Vehicles (UAVs). These systems comprise both hardware and software components, serving Original Equipment Manufacturers (OEMs) and the aftermarket industry.
The aircraft computers market research report provides aircraft computers market statistics, including aircraft computers industry global market size, regional shares, competitors with an aircraft computers market share, detailed aircraft computers market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft computers industry. This aircraft computers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft computer market consists of sales of air data computers, avionics control computers, on-board maintenance computers, and communication control computers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aircraft Computers Market Characteristics3. Aircraft Computers Market Trends and Strategies31. Global Aircraft Computers Market Competitive Benchmarking32. Global Aircraft Computers Market Competitive Dashboard33. Key Mergers and Acquisitions in the Aircraft Computers Market
4. Aircraft Computers Market - Macro Economic Scenario
5. Global Aircraft Computers Market Size and Growth
6. Aircraft Computers Market Segmentation
7. Aircraft Computers Market Regional and Country Analysis
8. Asia-Pacific Aircraft Computers Market
9. China Aircraft Computers Market
10. India Aircraft Computers Market
11. Japan Aircraft Computers Market
12. Australia Aircraft Computers Market
13. Indonesia Aircraft Computers Market
14. South Korea Aircraft Computers Market
15. Western Europe Aircraft Computers Market
16. UK Aircraft Computers Market
17. Germany Aircraft Computers Market
18. France Aircraft Computers Market
19. Italy Aircraft Computers Market
20. Spain Aircraft Computers Market
21. Eastern Europe Aircraft Computers Market
22. Russia Aircraft Computers Market
23. North America Aircraft Computers Market
24. USA Aircraft Computers Market
25. Canada Aircraft Computers Market
26. South America Aircraft Computers Market
27. Brazil Aircraft Computers Market
28. Middle East Aircraft Computers Market
29. Africa Aircraft Computers Market
30. Aircraft Computers Market Competitive Landscape and Company Profiles
34. Aircraft Computers Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aircraft computers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for aircraft computers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered: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
Key Companies Mentioned: BAE Systems plc; Cobham plc; Curtiss-Wright Corporation; Honeywell International Inc.; Rockwell Collins- RTX Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems plc
- Cobham plc
- Curtiss-Wright Corporation
- Honeywell International Inc.
- Rockwell Collins- RTX Corporation
- Saab AB
- Safran S.A.
- Thales Group
- TransDigm Group
- Garmin Ltd.
- General Electric Co.
- General Dynamics Mission Systems Inc.
- Lockheed Martin Corporation
- Thommen Aircraft Equipment Ltd.
- Air Data Inc.
- Airbus SE
- Sagetech Avionics Inc.
- Advanced Aircraft Company
- Xwing Inc.
- Scientific Systems Company Inc.
- Formic Technologies Inc.
- Anduril Industries Inc.
- Seoul Robotics
- Starship Technologies
- Voliro Airborne Robotics Company
- Attabotics
- Kongsberg Defence & Aerospace AS
- Elbit Systems Ltd.
- General Atomics Aeronautical Systems Inc.
- AeroVironment Inc.
- Northrop Grumman Corporation
- Boeing Company
Methodology
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