MARKET INTRODUCTION Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Fiber optic sensor, mems sensor, nano sensor, ultrasonic sensor, acoustic sensor, imaging sensor, and temperature sensors are among the widely used smart sensors in aircraft which are used for applications such as monitoring strain, cracks, pressure, vibrations, and temperature. Additionally, these sensors are also used for monitoring aircraft wings, rotating machinery, stabilizer, flats, engines, and others.
MARKET DYNAMICS
The smart sensors for aerospace market is experiencing significant growth owing to the growing commercial aviation sector due rising disposal income among masses and emergence of low-cost carrier airlines. However, travel restriction due to outbreak of COVID-19 is hampered the aviation industry which restraining the growth of the smart sensors for aerospace market. Meanwhile, the increasing procurement of advanced military carrier and combat aircraft by governments across the globe is expected to flourish the smart sensors for aerospace market.
MARKET SCOPE
The "Smart Sensors for Aerospace Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense with a special focus on the global market trend analysis. The report aims to provide an overview of smart sensors for aerospace market with detailed market segmentation by type, aircraft type, and geography. The global smart sensors for aerospace market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart sensors for aerospace market players and offers key trends and opportunities in the smart sensors for aerospace market.
MARKET SEGMENTATION
The global smart sensors for aerospace market is segmented on the basis of type and aircraft type. Based on type, the market is segmented into fiber optic sensor, mems sensor, nano sensor, ultrasonic sensor, acoustic sensor, imaging sensor, temperature sensor, and other. Based on aircraft type, the market is segmented into military and commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart sensors for aerospace market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart sensors for aerospace market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart sensors for aerospace market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart sensors for aerospace market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart sensors for aerospace market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart sensors for aerospace market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart sensors for aerospace market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart sensors for aerospace market in these regions.
MARKET PLAYERS
The reports cover key developments in the smart sensors for aerospace 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 & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from smart sensors for aerospace market are anticipated to lucrative growth opportunities in the future with the rising demand for smart sensors for aerospace market. Below mentioned is the list of few companies engaged in the smart sensors for aerospace market.
The report also includes the profiles of key smart sensors for aerospace market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Avnet, Inc
- Analog Devices, Inc
- Eaton
- Emerson Electric Co.
- Infineon Technologies AG
- NXP Semiconductors
- Renesas Electronics Corporation
- STMicroelectronics
- BAE Systems.
- ABB ltd.
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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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.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Sensors For Aerospace Market - By Type
1.3.2 Smart Sensors For Aerospace Market - By Aircraft Type
1.3.3 Smart Sensors For Aerospace Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMART SENSORS FOR AEROSPACE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SMART SENSORS FOR AEROSPACE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SMART SENSORS FOR AEROSPACE MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART SENSORS FOR AEROSPACE - GLOBAL MARKET OVERVIEW
6.2. SMART SENSORS FOR AEROSPACE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SMART SENSORS FOR AEROSPACE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FIBER OPTIC SENSOR
7.3.1. Overview
7.3.2. Fiber Optic Sensor Market Forecast and Analysis
7.4. MEMS SENSOR
7.4.1. Overview
7.4.2. MEMS Sensor Market Forecast and Analysis
7.5. NANO SENSOR
7.5.1. Overview
7.5.2. Nano Sensor Market Forecast and Analysis
7.6. ULTRASONIC SENSOR
7.6.1. Overview
7.6.2. Ultrasonic Sensor Market Forecast and Analysis
7.7. ACOUSTIC SENSOR
7.7.1. Overview
7.7.2. Acoustic Sensor Market Forecast and Analysis
7.8. IMAGING SENSOR
7.8.1. Overview
7.8.2. Imaging Sensor Market Forecast and Analysis
7.9. TEMPERATURE SENSOR
7.9.1. Overview
7.9.2. Temperature Sensor Market Forecast and Analysis
7.10. OTHERS
7.10.1. Overview
7.10.2. Others Market Forecast and Analysis
8. SMART SENSORS FOR AEROSPACE MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
8.1. OVERVIEW
8.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL
8.3.1. Overview
8.3.2. Commercial Market Forecast and Analysis
8.4. MILITARY
8.4.1. Overview
8.4.2. Military Market Forecast and Analysis
9. SMART SENSORS FOR AEROSPACE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Smart Sensors For Aerospace Market Overview
9.1.2 North America Smart Sensors For Aerospace Market Forecasts and Analysis
9.1.3 North America Smart Sensors For Aerospace Market Forecasts and Analysis - By Type
9.1.4 North America Smart Sensors For Aerospace Market Forecasts and Analysis - By Aircraft Type
9.1.5 North America Smart Sensors For Aerospace Market Forecasts and Analysis - By Countries
9.1.5.1 United States Smart Sensors For Aerospace Market
9.1.5.1.1 United States Smart Sensors For Aerospace Market by Type
9.1.5.1.2 United States Smart Sensors For Aerospace Market by Aircraft Type
9.1.5.2 Canada Smart Sensors For Aerospace Market
9.1.5.2.1 Canada Smart Sensors For Aerospace Market by Type
9.1.5.2.2 Canada Smart Sensors For Aerospace Market by Aircraft Type
9.1.5.3 Mexico Smart Sensors For Aerospace Market
9.1.5.3.1 Mexico Smart Sensors For Aerospace Market by Type
9.1.5.3.2 Mexico Smart Sensors For Aerospace Market by Aircraft Type
9.2. EUROPE
9.2.1 Europe Smart Sensors For Aerospace Market Overview
9.2.2 Europe Smart Sensors For Aerospace Market Forecasts and Analysis
9.2.3 Europe Smart Sensors For Aerospace Market Forecasts and Analysis - By Type
9.2.4 Europe Smart Sensors For Aerospace Market Forecasts and Analysis - By Aircraft Type
9.2.5 Europe Smart Sensors For Aerospace Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Smart Sensors For Aerospace Market
9.2.5.1.1 Germany Smart Sensors For Aerospace Market by Type
9.2.5.1.2 Germany Smart Sensors For Aerospace Market by Aircraft Type
9.2.5.2 France Smart Sensors For Aerospace Market
9.2.5.2.1 France Smart Sensors For Aerospace Market by Type
9.2.5.2.2 France Smart Sensors For Aerospace Market by Aircraft Type
9.2.5.3 Italy Smart Sensors For Aerospace Market
9.2.5.3.1 Italy Smart Sensors For Aerospace Market by Type
9.2.5.3.2 Italy Smart Sensors For Aerospace Market by Aircraft Type
9.2.5.4 United Kingdom Smart Sensors For Aerospace Market
9.2.5.4.1 United Kingdom Smart Sensors For Aerospace Market by Type
9.2.5.4.2 United Kingdom Smart Sensors For Aerospace Market by Aircraft Type
9.2.5.5 Russia Smart Sensors For Aerospace Market
9.2.5.5.1 Russia Smart Sensors For Aerospace Market by Type
9.2.5.5.2 Russia Smart Sensors For Aerospace Market by Aircraft Type
9.2.5.6 Rest of Europe Smart Sensors For Aerospace Market
9.2.5.6.1 Rest of Europe Smart Sensors For Aerospace Market by Type
9.2.5.6.2 Rest of Europe Smart Sensors For Aerospace Market by Aircraft Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Smart Sensors For Aerospace Market Overview
9.3.2 Asia-Pacific Smart Sensors For Aerospace Market Forecasts and Analysis
9.3.3 Asia-Pacific Smart Sensors For Aerospace Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Smart Sensors For Aerospace Market Forecasts and Analysis - By Aircraft Type
9.3.5 Asia-Pacific Smart Sensors For Aerospace Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Smart Sensors For Aerospace Market
9.3.5.1.1 Australia Smart Sensors For Aerospace Market by Type
9.3.5.1.2 Australia Smart Sensors For Aerospace Market by Aircraft Type
9.3.5.2 China Smart Sensors For Aerospace Market
9.3.5.2.1 China Smart Sensors For Aerospace Market by Type
9.3.5.2.2 China Smart Sensors For Aerospace Market by Aircraft Type
9.3.5.3 India Smart Sensors For Aerospace Market
9.3.5.3.1 India Smart Sensors For Aerospace Market by Type
9.3.5.3.2 India Smart Sensors For Aerospace Market by Aircraft Type
9.3.5.4 Japan Smart Sensors For Aerospace Market
9.3.5.4.1 Japan Smart Sensors For Aerospace Market by Type
9.3.5.4.2 Japan Smart Sensors For Aerospace Market by Aircraft Type
9.3.5.5 South Korea Smart Sensors For Aerospace Market
9.3.5.5.1 South Korea Smart Sensors For Aerospace Market by Type
9.3.5.5.2 South Korea Smart Sensors For Aerospace Market by Aircraft Type
9.3.5.6 Rest of Asia-Pacific Smart Sensors For Aerospace Market
9.3.5.6.1 Rest of Asia-Pacific Smart Sensors For Aerospace Market by Type
9.3.5.6.2 Rest of Asia-Pacific Smart Sensors For Aerospace Market by Aircraft Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Smart Sensors For Aerospace Market Overview
9.4.2 Middle East and Africa Smart Sensors For Aerospace Market Forecasts and Analysis
9.4.3 Middle East and Africa Smart Sensors For Aerospace Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Smart Sensors For Aerospace Market Forecasts and Analysis - By Aircraft Type
9.4.5 Middle East and Africa Smart Sensors For Aerospace Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Smart Sensors For Aerospace Market
9.4.5.1.1 South Africa Smart Sensors For Aerospace Market by Type
9.4.5.1.2 South Africa Smart Sensors For Aerospace Market by Aircraft Type
9.4.5.2 Saudi Arabia Smart Sensors For Aerospace Market
9.4.5.2.1 Saudi Arabia Smart Sensors For Aerospace Market by Type
9.4.5.2.2 Saudi Arabia Smart Sensors For Aerospace Market by Aircraft Type
9.4.5.3 U.A.E Smart Sensors For Aerospace Market
9.4.5.3.1 U.A.E Smart Sensors For Aerospace Market by Type
9.4.5.3.2 U.A.E Smart Sensors For Aerospace Market by Aircraft Type
9.4.5.4 Rest of Middle East and Africa Smart Sensors For Aerospace Market
9.4.5.4.1 Rest of Middle East and Africa Smart Sensors For Aerospace Market by Type
9.4.5.4.2 Rest of Middle East and Africa Smart Sensors For Aerospace Market by Aircraft Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Smart Sensors For Aerospace Market Overview
9.5.2 South and Central America Smart Sensors For Aerospace Market Forecasts and Analysis
9.5.3 South and Central America Smart Sensors For Aerospace Market Forecasts and Analysis - By Type
9.5.4 South and Central America Smart Sensors For Aerospace Market Forecasts and Analysis - By Aircraft Type
9.5.5 South and Central America Smart Sensors For Aerospace Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Smart Sensors For Aerospace Market
9.5.5.1.1 Brazil Smart Sensors For Aerospace Market by Type
9.5.5.1.2 Brazil Smart Sensors For Aerospace Market by Aircraft Type
9.5.5.2 Rest of South and Central America Smart Sensors For Aerospace Market
9.5.5.2.1 Rest of South and Central America Smart Sensors For Aerospace Market by Type
9.5.5.2.2 Rest of South and Central America Smart Sensors For Aerospace Market by Aircraft Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SMART SENSORS FOR AEROSPACE MARKET, KEY COMPANY PROFILES
11.1. AVNET, INC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ANALOG DEVICES, INC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EATON
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EMERSON ELECTRIC CO.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. INFINEON TECHNOLOGIES AG
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NXP SEMICONDUCTORS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RENESAS ELECTRONICS CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STMICROELECTRONICS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. BAE SYSTEMS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ABB LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. Avnet, Inc
2. Analog Devices, Inc
3. Eaton
4. Emerson Electric Co.
5. Infineon Technologies AG
6. NXP Semiconductors
7. Renesas Electronics Corporation
8. STMicroelectronics
9. BAE Systems
10. ABB Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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