Global Aircraft Interface Device Market

Global Aircraft Interface Device Market Size, Share, Growth Analysis, By Aircraft Type(Commercial Aircraft, Military Aircraft), By Connectivity(Wired, Wireless), By End-user(OEM (Original Equipment Manufacturer), Aftermarket) - Industry Forecast 2024-2031

Report ID: SQMIG20A2143 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 89 | Figures: 76

Global Aircraft Interface Device Market News

  • In February 2023, - Air India and Airbus jointly revealed the agreement during a virtual gathering, expressing their appreciation for the significant deal reached between Air India and Boeing. This exemplary accord symbolizes a fruitful collaboration that will foster the generation of fresh employment prospects in both nations.
  • In February 2023, - HelioTech, a UAE based company has announced for the design and development of a family of products within the VTOL aircraft sector, which will be showcasing a selection of its products for the non-civilian market at SDF’s stand within the Tawazun Council pavilion at the exhibition.
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Global Aircraft Interface Device Market size was valued at USD 246.03 Million in 2022 and is poised to grow from USD 259.93 Million in 2023 to USD 403.47 Million by 2031, at a CAGR of 5.65% during the forecast period (2024-2031).

The global aircraft interface device market is highly competitive, with several players vying for a significant market share, there are both small and major participants in the industry. Companies are increasingly focused on R&D initiatives to improve the efficiency of their services. Intense rivalry has prompted businesses to engage in product development in order to better meet the needs of their consumers. Companies are also attempting to produce premium quality and high-value items at the lowest possible cost in order to achieve a competitive advantage in the price-sensitive market through extensive R&D efforts and ongoing innovation. They are also focused on expanding their product portfolio and enhancing their distribution networks to better serve their customers. 'Honeywell International Inc. (US)', 'Thales Group (France)', 'Collins Aerospace (US)', 'Esterline Technologies Corporation (US)', 'Astronics Corporation (US)', 'Teledyne Controls LLC (US)', 'L3Harris Technologies, Inc. (US)', 'Garmin Ltd. (Switzerland)', 'Rockwell Collins, Inc. (US)', 'Universal Avionics Systems Corporation (US)', 'Advantech Co., Ltd. (Taiwan)', 'Leonardo S.p.A. (Italy)', 'Viasat, Inc. (US)', 'Meggitt PLC (United Kingdom)', 'SITA (Belgium)', 'Avidyne Corporation (US)', 'Avionica, LLC (US)', 'FreeFlight Systems (US)', 'Shadin Avionics (US)', 'DAC International, Inc. (US)'

The growing emphasis on connected aircraft solutions is a significant driver for the aircraft interface device market. Airlines and operators are seeking advanced connectivity solutions to enhance operational efficiency, passenger experience, and safety. Aircraft interface devices facilitate seamless communication and data transfer between avionics systems, satellite networks, and ground-based systems, enabling real-time data analytics and remote monitoring.

Increasing demand for the new generation aircraft: As the usage of aviation interface devices becomes more prevalent in the latest commercial aircraft models, the market is being propelled by rising demand for new generation aircraft. Aviation interface devices are assisting airlines and MRO stations in the commercial aviation market by expanding the usage of portable displays in cockpits as a replacement for traditional paper-based charts. This would provide pilots additional access to aircraft data, while commercial aircraft maintenance providers would profit from real-time data availability with aircraft interface devices. Furthermore, the availability of real-time data allows the airline to analyze numerous performance metrics and schedule the trip appropriately, thus lowering operational expenses.

The largest market region in the aircraft interface device market is North America. North America dominates the market due to several factors such as the presence of major aircraft manufacturers, technological advancements, and the high demand for connected aircraft solutions in the region. The US, in particular, has a strong aviation industry, with a large fleet of commercial aircraft and a significant defense sector. The region's emphasis on advanced avionics systems, real-time data analytics, and connectivity solutions drives the demand for aircraft interface devices.

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