Aircraft Cockpit Control Panels Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET OVERVIEW
Aircraft cockpit control panel includes an integrated system of wires, connectors, switches, and many other electronic components, acting as a commanding centre of the aircraft. The control panel helps in the control of speed, altitude, vertical speed, vertical navigation, lateral navigation, AC temperature and lighting of the aircraft. The advancement in electronic components technology and rise in number of aircraft in commercial fleet is driving the growth of the market.
MARKET SCOPE
The "Global Aircraft Cockpit Control Panels Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft Cockpit Control Panels market with detailed market segmentation by component, application, platform type, and geography. The global Aircraft Cockpit Control Panels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft Cockpit Control Panels market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers:
Restraints:
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft Cockpit Control Panels market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyses factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft Cockpit Control Panels market in these regions.
IMPACT OF COVID-19 ON AIRCRAFT COCKPIT CONTROL PANELS MARKET
The COVID-19 pandemic created a substantial negative impact on the global aviation industry due to the drastic fall in aircraft production. Major aircraft manufacturers, such as Boeing and Airbus, reduced their production forecasts by 50%. For instance, the total airlines' industry revenues dropped by 40% to $328 billion in 2020 due to the declining demand for air travel and wide-scale flight cancellation. Air cargo traffic levels contracted during the pandemic's peak due to weak global trade growth and capacity limitations. However, near-term cargo air traffic has begun to recover and creates a good market for Aircraft Cockpit Control Panels in the long term. In addition to the near-term impact, the global aviation industry implements longer-term strategies involving reduced capacity, shifting route patterns, and mitigation strategies related to the effects of COVID-19. Moreover, the requirement of Aircraft Cockpit Control Panels in the military aviation sector creates a stable demand in the market and is expected to stabilize the position of major players.
By Component
By Application
By Platform Type
MARKET PLAYERS
The report covers key developments in the Aircraft Cockpit Control Panels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aircraft Cockpit Control Panels market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Cockpit Control Panels in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aircraft Cockpit Control Panels market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Raytheon Technologies
Honeywell International Inc.
Groupe Latécoère
Astronics Corporation
Thales Group
Firan Technology Group Corp. (FTG)
EDN Aviation Inc.
SKALARKI electronics Ltd.
Safran S.A.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Aircraft cockpit control panel includes an integrated system of wires, connectors, switches, and many other electronic components, acting as a commanding centre of the aircraft. The control panel helps in the control of speed, altitude, vertical speed, vertical navigation, lateral navigation, AC temperature and lighting of the aircraft. The advancement in electronic components technology and rise in number of aircraft in commercial fleet is driving the growth of the market.
MARKET SCOPE
The "Global Aircraft Cockpit Control Panels Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft Cockpit Control Panels market with detailed market segmentation by component, application, platform type, and geography. The global Aircraft Cockpit Control Panels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft Cockpit Control Panels market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global Aircraft Cockpit Control Panels market is segmented into connectors, embedded wiring, lamps, LEDs, indicators, other.
- On the basis of application, the market is segmented into lighting control and illuminated panel, control and switch panel, audio control panel, and others.
- Based on platform type, the market is segmented into commercial aircraft, business jets, military aircraft, helicopter.
MARKET DYNAMICS
Drivers:
- Rising requirement of pilot-friendly Aircraft Cockpit control panels
- Integration of advanced technologies and manufacturing techniques in Aircraft Cockpit Control Panels
- Development of new aircraft and replacement of control panels in existing ones
Restraints:
- Saturated technology of existing Aircraft Cockpit Control Panels
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft Cockpit Control Panels market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyses factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft Cockpit Control Panels market in these regions.
IMPACT OF COVID-19 ON AIRCRAFT COCKPIT CONTROL PANELS MARKET
The COVID-19 pandemic created a substantial negative impact on the global aviation industry due to the drastic fall in aircraft production. Major aircraft manufacturers, such as Boeing and Airbus, reduced their production forecasts by 50%. For instance, the total airlines' industry revenues dropped by 40% to $328 billion in 2020 due to the declining demand for air travel and wide-scale flight cancellation. Air cargo traffic levels contracted during the pandemic's peak due to weak global trade growth and capacity limitations. However, near-term cargo air traffic has begun to recover and creates a good market for Aircraft Cockpit Control Panels in the long term. In addition to the near-term impact, the global aviation industry implements longer-term strategies involving reduced capacity, shifting route patterns, and mitigation strategies related to the effects of COVID-19. Moreover, the requirement of Aircraft Cockpit Control Panels in the military aviation sector creates a stable demand in the market and is expected to stabilize the position of major players.
Aircraft Cockpit Control Panels Market Report Analysis
Aircraft Cockpit Control Panels Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Raytheon Technologies
- Honeywell International Inc.
- Groupe Latecoere
- Astronics Corporation
- Thales Group
- Firan Technology Group Corp. (FTG)
- EDN Aviation Inc.
- SKALARKI electronics Ltd.
- Safran S.A.
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Component
- Connectors
- Embedded Wiring
- Lamps
- LEDs
- Indicators
- Others
By Application
- Lighting Control and Illuminated Panel
- Control and Switch Panel
- Audio Control Panel
- Others
By Platform Type
- Commercial Aircraft
- Business Jets
- Military Aircraft
- Helicopter
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The report covers key developments in the Aircraft Cockpit Control Panels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aircraft Cockpit Control Panels market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Cockpit Control Panels in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aircraft Cockpit Control Panels market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Aircraft Cockpit Control Panels Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1.Raytheon Technologies
2.Honeywell International Inc.
3.Groupe Latecoere
4.Astronics Corporation
5.Thales Group
6.Firan Technology Group Corp. (FTG)
7.EDN Aviation Inc.
8.SKALARKI electronics Ltd.
9.Safran S.A.
10.Dart Aerospace
1.Raytheon Technologies
2.Honeywell International Inc.
3.Groupe Latecoere
4.Astronics Corporation
5.Thales Group
6.Firan Technology Group Corp. (FTG)
7.EDN Aviation Inc.
8.SKALARKI electronics Ltd.
9.Safran S.A.
10.Dart Aerospace
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