Aircraft Interface Device Market Size, Growth, Forecast 2022, 2028

report image

Aircraft Interface Device Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Platform (Hardware and Software), Connectivity (Wired and Wireless), Fit Type (Line Fit and Retrofit), and Aircraft Type (Fixed Wing and Rotary Wing)

Publication Month: May 2022 | Report Code: TIPRE00004966 | No. of Pages: 194 | Category: Aerospace and Defense | Status: Published

The aircraft interface device market is projected to reach US$ 354.10 million by 2028 from US$ 174.06 million in 2021; it is expected to grow at a CAGR of 11.5% from 2022 to 2028.

In the global aviation industry, low-cost carriers are gaining immense importance. The robust business models concerning ticketing, airport services, and onboard services facilitate low-cost carriers (LCCs) to attract passengers from all classes of society. The low-cost carriers, especially in the developing regions, continuously enhance their facilities and services for every class, including economy, premium economy, and business class. The LCCs globally compete among themselves on onboard technologies that facilitate a smoother travel experience for passengers and crews and enhance the safety of the aircraft. The demand for advanced technologies is stalling among LCCs. Moreover, the rising investment by developing countries such as India to develop LCCs is further expected to contribute to the growth of the aircraft interface device market. For instance, in July 2021, Rakesh Jhunjhunwala, an Indian billionaire, announced the plan to develop a low-cost airline in India, thereby boosting the demand for aircraft interface devices among the LCCs.

Strategic Insights

Report Coverage - Aircraft Interface Device Market
Report CoverageDetails
Market Size Value inUS$ 174.06 Million in 2021
Market Size Value byUS$ 354.10 Million by 2028
Growth rateCAGR of 11.5% from 2022 to 2028
Forecast Period2021-2028
Base Year2021
No. of Pages194
No. of Tables106
No. of Charts & Figures81
Historical data availableYes
Segments coveredPlatform, Connectivity, Fit Type, and Aircraft Type
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available
– Aircraft Interface Device Market

The global aircraft interface device market size is experiencing a steep growth regarding the adoption of the same among the commercial and defense aircraft (fixed wing and rotary wing). The market for aircraft interface devices consists of a few well-established players, which make huge investments to deliver high-tech products to their customers. However, the aircraft manufacturers are procuring advanced technologies from the aircraft component manufacturers to deliver aircraft integrated with enhanced technologies. Further, several airlines are investing substantial amounts in modifying their older aircraft with advanced technologies to keep up with the newer technologies. This factor is boosting the growth of the aircraft interfaced device market. Moreover, the rise in defense budgets in developing countries and developed regions facilitates the military to procure more advanced technology aircraft and aircraft components, including robust avionics, such as aircraft interface devices. This factor is helping in the proliferation of the aircraft interface device market in the current scenario.

Impact of COVID-19 Pandemic on Aircraft Interface Device Market Growth 

The COVID-19 outbreak decimated the demand for aircraft globally, and aircraft manufacturers reported significantly lower orders, resulting in decreased production volumes. A decline in aircraft production volumes adversely affected the businesses of various component manufacturers and associated technologies. During the initial months of the pandemic in 2020, the entire commercial aviation industry came to a halt due to the minimal availability of resources. Operations at several production units in the US, France, Russia, and China were temporarily discontinued to ensure adherence to government rules related to physical distancing. The aircraft manufacturers witnessed a 30–50% reduction in demand for most aircraft models, especially commercial ones. The lower aircraft production and assembly have affected the demand for aircraft components. Thus, the destabilization of aircraft production hampered the aircraft interface device market players' businesses in 2020.

Lucrative Regions for Aircraft Interface Device Market
           

Lucrative Regions for Aircraft Interface Device Market

Get more information on this report :


Market Insights – Aircraft Interface Device Market

The US aerospace industry has been consistently witnessing growth in technology, aircraft fleet size, aircraft component manufacturing, and air passengers, among others. The growth in domestic traffic resulted in increased aircraft capacity and production. This response is expected to thrive the demand for aircraft interface devices. The US is the major country experiencing a massive demand for retrofitting AIDs and continuously adapting technological advancements. This factor has led the OEMs to integrate advanced technologies for flight tracking, quick access recording, aircraft condition monitoring system (ACMS), and many more, thereby contributing to the aircraft interface device market growth.

Aircraft Type-Based Insights

The aircraft interface device market is classified based on aircraft type as fixed wing aircraft and rotary wing aircraft. The segments include both commercial and military aircraft. The significant rise in air passenger traffic has led commercial airlines to procure an increased number of fixed-wing aircraft. Similarly, with the demand for transportation of various goods, military vehicles, and military personnel, the defense forces are rapidly growing their fixed wing and rotary wing transport aircraft fleets. Also, to strengthen their Air Forces and Naval Forces, various defense forces are adopting newer fixed wing and rotary wing aircraft. The growing procurement of fixed wing and rotary wing aircraft fleets among the commercial airlines and military forces is increasing the adoption of aircraft interface devices. This factor, in turn, is boosting the growth of the aircraft interface device market in the current scenario.

The aircraft interface device market is segmented based on platform, connectivity, fit type, aircraft type, and geography. Based on platform, the market is segmented into hardware and software. Based on connectivity, the aircraft interface device market is categorized into wired and wireless. By fit type, the market is bifurcated into line fit and retrofit. Based on aircraft type, the aircraft interface device market is divided into fixed wing and rotary wing. Based on geography, the aircraft interface device market is primarily segregated into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Thales Group; Honeywell International, Inc.; AMETEK; Boeing; and Collins Aerospace are among the key players profiled during the study of the aircraft interface device market.

Players operating in the aircraft interface device market are mainly focused on the development of advanced and efficient products.

  • In 2019, Viasat Inc, a global communications firm, and Teledyne Controls LLC, a renowned manufacturer of advanced avionics systems, announced a collaboration to deliver real-time linked flight deck services to commercial airlines. Airlines can off-load Quick Access Recorder (QAR) data and reliably stream Aircraft Communications Addressing and Reporting System (ACARS) signals from the flight deck using Viasat's IFC system in conjunction with Teledyne's Aircraft Interface Device (AID).
  • In 2017, Teledyne Controls and Avionics Support Group, Inc. (ASG) signed a joint marketing agreement to promote Teledyne's GroundLink AID+ Aircraft Interface Device (AID) solution alongside ASG's proven range of patented Electronic Flight Bag (EFB) mounting and power devices to provide a complete connectivity solution.

Frequently Asked Questions

In the global aviation industry, low-cost carriers are gaining immense importance. The robust business models concerning ticketing, airport services, and onboard services facilitate low-cost carriers (LCCs) to attract passengers from all classes of society. The low-cost carriers, especially in the developing regions, continuously enhance their facilities and services for every class, including economy, premium economy, and business class. The LCCs globally compete among themselves on onboard technologies that facilitate a smoother travel experience for passengers and crews and enhance the safety of the aircraft. The demand for advanced technologies is stalling among LCCs. Moreover, rising investment by developing countries such as India to develop LCCs is further expected to contribute to the growth of the aircraft interface device market.
Wireless AIDs are much lighter in weight than wired AIDs and omit the risks associated with loose interconnection and timely wiring maintenance. This factor attracts several commercial airlines to adopt the advanced AIDs and enhance their fleet operations, which poses a significant opportunity for the industry players operating in the aircraft interface device market. Moreover, installing these wireless AIDs is simpler than their wired counterparts, thereby increasing the interest in opting for the wireless AIDs among airlines and military forces. Thus, the growing trend of adopting and equipping aircraft with wireless AIDs poses a substantial growth opportunity for the aircraft interface device market during the forecast period. This influences the global aircraft interface manufacturers to develop new products as per the client's requirements.
According to the global analysis of the market, in 2021 the North America had a larger share of revenues in the market, estimated at 36.7% and is expected to dominate the market in the forecast period. By 2028, the market scenario is expected to remain consistent in terms of acquired revenue share. The presence of a large aircraft manufacturing hub in North American countries has resulted in large demands for aircraft interface device in this region. North America has a developed aviation market and industry. The aircraft manufacturers across the region are focusing on the development and the adoption of smart and advanced technologies for the efficient performance of the aircraft. The integration of aircraft interface devices has gained significant popularity in North America.
In the global aviation industry, low-cost carriers are gaining immense importance. The robust The quest for advanced technologies, robust systems, and rugged products continues to rise in the military sector globally. The defense forces positively accept the technological advancements in the field of military aircraft in developed and developing regions. The procurement of technologically advanced military aircraft has bolstered over the years, flourishing the aircraft component manufacturing market. As military aircraft travel through harsh and rough environments, the demand for efficient aircraft tracking systems, aircraft health monitoring systems, and quick access recording are high. The aircraft interface devices have simplified the procedures of flight tracking and aircraft health monitoring among the military forces. Thus, the growth in manufacturing of military aircraft would bolster the aircraft interface device market.
The top companies in the aircraft interface device market include Boeing; Astronics Corporation; Collins Aerospace.; Carlisle Interconnect Technologies; Anuvu.; Honeywell International Inc.; SCI Technology, Inc.; Teledyne Technologies; and Viasat Inc
The aircraft interface device market is classified on the basis of aircraft type as fixed-wing aircraft and rotary wing aircraft. The segments include both commercial aircraft as well as military aircraft. The significant rise in air passenger traffic has led the commercial airlines to procure an increased number of fixed-wing aircraft. Similarly, the demand for transportation of various goods, military vehicles, and military personnel, the defense forces are rapidly growing their fixed wing aircraft fleets. This factor highlights the dominance of fixed wing aircraft segment in the aircraft interface device market.

The List of Companies - Aircraft Interface Device Market

  1. Boeing
  2. Collins Aerospace
  3. Honeywell International Inc.
  4. Teledyne Controls LLC.
  5. Thales Group
  6. Viasat, Inc.
  7. Anuvu.
  8. Astronics Corporation
  9. Carlisle Companies Incorporated
  10. SCI Technology, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global aircraft interface device market
  • Highlights key business priorities to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global aircraft interface device market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TIPRE00004966
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Get the Latest COVID-19 Analysis on this market


Have a Question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Speak to Analyst
Pricing
  • $3000
  • $4550
  • $6550
  • $8550

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.

    Inquire for Discount