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Aircraft Cockpit Weather System Market Size, Share & Industry Analysis, By Platform (Fixed Wing , Commercial Aviation, General Aviation, Military Aviation , Rotary Wing, Commercial Aviation, Military Aviation), By Component (Radars, Transmitter, Transceiver , Processors , Displays), By End User (OEMs, Aftermarket) And Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI105539 | Status : UpcomingThe Aircraft Cockpit Weather System Market worldwide is experiencing robust growth, with a noteworthy CAGR projected for the forecast period until 2032. Aircraft cockpit weather systems provide almost similar products available on the ground and have various applications that can augment weather awareness and may be witnessed during nearly every phase of flight. Radar images, satellite weather pictures, terminal weather forecasts(TAFs), significant meteorological information (SIGMETs), Airmen’s Meteorological Information (AIRMETs), and other products are now readily accessible at any time during the flight. Consequently, the cockpit weather systems have significantly developed and are programmed with more features and capabilities. The cockpit weather system market is anticipated to project a higher growth rate due to the demand for advanced avionics systems. This high demand will eventually propel the aircraft cockpit weather systems market during the forecast period.
Technological advancements in Cockpit weather provides aid to pilots in strategic and tactical planning of safe flight routes. These avionics advanced tools are predicted to propel the market growth. However, difficulties in the design of Aircraft Cockpit Weather Systems and the high cost of the device will be a barrier to the development of the Aircraft Cockpit Weather Systems market.
Market Segmentation:
The market is segmented by platform, application, technology, end-user, and region
Based on the platform, the aircraft cockpit weather System segment is further classified as fixed-wing aircraft and rotary-wing aircraft. The growing demand for fixed-wing aircraft for commercial and military operations is anticipated to fuel the growth of the segment. Based on components, the market is segmented into Antenna, transmitter, transceiver, processors, and displays. The growing demand for Antennas for advanced avionics components is expected to project a significant CAGR during the forecast period. Based on end-user, the market is segmented into original equipment manufacturers(OEMs) and aftermarkets. The OEMs owns a good market share in this segment and is expected to grow more during the forecast period.
Key Players Covered:
- United Technologies Corporation (The U.S.)
- BAE Systems (The U.K.)
- Thales Group (France)
- Universal Avionics Systems (The U.S.)
- Garmin International, Inc (The U.S)
- L-3 Communication Holdings, Inc (The U.S.)
- Honeywell Corporations (The U.S.)
- Astronautics Corporation of America (The U.S.)
- Aspen Avionics, Inc. (The U.S.)
- Rockwell Collins (The U.S.)
- Leonardo S. p.A (Italy)
- Telephonics Corporations (The U.S.)
- Others
Key Insights
- OEMs continuously invest in R&D for the production of advanced aircraft cockpit weather systems for enhanced situational awareness capabilities and real-time location information.
- Stringent government regulations for the safety of passengers and crew are also expected to boost the market growth.
Regional Analysis:
The Aircraft cockpit weather systems market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. North America is expected to dominate the market owing to the presence of key players such as. Rockwell Collins and Honeywell Corporations. Moreover, the growth of the market in the region is attributed to the high adoption of cockpit weather systems in military and commercial aircraft across the region. The market in Europe is expected to grow moderately due to prominent cockpit weather systems manufacturers such as Thales Group and BAE systems are expected to drive the market growth in this region. The market in the Asia-Pacific region is projected to register the highest CAGR during the forecast period. Countries such as China and Japan are likely to remain the major players in this region, whereas India, due to its rapid growth in the commercial aircraft sector, this country is emerging as the fastest-growing market over the same period. The Middle East consists of some potential buyers like Emirates, Qatar, Etihad, and many more emerging airlines to make the global aircraft cockpit weather systems market grow during the forecast period.
Segmentation
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Aircraft Cockpit Weather System Market Industry Developments
- In April 2021, Garmin International, Inc., announced their GWX™ 8000 Storm Optix weather radar which will deliver an extensive weather threat analysis and depiction to the cockpit hereby reducing load on pilots.
- Global
- 2023
- 2019-2022