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Aircraft Computers Market size was valued at USD 6.1 billion in 2022 and is poised to grow from USD 6.41 billion in 2023 to USD 9.46 billion by 2031, growing at a CAGR of 5% during the forecast period (2024-2031).

There are several key players in the aircraft computers market and each of them specializes in different types of aircraft systems. These players compete based on innovation, technology, and overall system integration capabilities. This market is continuously driven by research and development efforts aimed at advancement in technology, better safety, and more efficiency. The market players are increasingly focusing on new product launches, agreements, contracts, collaborations, partnerships, and acquisitions to expand their market presence and gain a competitive edge. These key players are also heavily investing in technological advancements and government regulatory approvals to ensure safety and efficacy of the aircraft systems.   'Boeing (US)', 'Honeywell International Inc. (US)', 'Curtiss Wright Corporation (US)', 'Transdigm Group Inc.', 'Safran', 'Thales Group (France)', 'BAE Systems (UK)', 'Saab AB ', 'Raytheon Technologies Corporation (US)', 'Collins Aerospace (US)', 'Cobham Limited (UK)', 'Bombardier Inc. (Canada)', 'GE Aviation (US)', 'Kontron S&T AG (Germany)', 'General Dynamics Mission Systems, Inc. (US)', 'Garmin Limited (US)', 'Esterline Technologies (US)'

Lifting of the lockdown after pandemic in various parts of the world has resulted in a huge number of people again travelling to different places. Tourism has opened, and most tourist places are being flocked to by people who couldn’t travel due to COVID-19. Launching of more fleet has become a necessity for aircraft carriers. This has been a major driver in the immense growth of the aircraft computers market. Also, as the cities are developing, especially in the developing countries, the need for interconnectivity between their cities is increasing. This has resulted in the governments encouraging airlines to introduce more flights to already existing ones or create new flight routes.

Surge in Drone flight controller systems: rise in air passenger traffic and increase in aircraft production has fueled the need for drone flight controllers. Drones being increasingly adopted by various industries, supportive government regulations on drone operations and technological advancements in flight control systems are all helping in its growth. Autonomous drones are being increasingly used. Betterment of technologies like the electric propulsion systems is also a major contributing factor.

The dominating region in the Aircraft Computers market is North America, which holds a significant market share. The dominance of this region is largely due to the high passenger traffic, and large aircraft density. Moreover, the existence of multiple key players like Boeing, Honeywell Corporation Inc, Curtiss Wright Corporation & Raytheon Technologies Corporation in the US region helps in its growth. This is also a region which sees a major military investment every year. The United States has also been a hub for innovation and advancement in technologies. Several research and development laboratories are present in this region for this purpose.

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Global Aircraft Computers Market 

Product ID: SQMIG20A2227