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Aircraft Computers Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware and Software), By Type (Flight Control, Engine Control, Utility Control, and Others), By Aircraft (Fixed Wing, Rotary Wing, and Unmanned Aerial Vehicle), By Point of Sale (OEM and Aftermarket), By End User (Commercial, Military, and Civil), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI108110 | Status : UpcomingMost of the aircrafts in service today use the fly-by-wire concept in their systems. This involves taking inputs from various sensors across the aircraft and analyse them through a computer. This reduces the load on the pilot flying the aircraft. This technology has led to an increase in the usage and complexity of computers on board aircrafts.
Key Market Insights:
Market drivers include the requirement for more advanced and efficient computers on board aircrafts. The annually increasing passenger traffic, and the procurement of aircrafts are also factors positively impacting the market. Other drivers include increased production, setting up of new manufacturing sites, and the emergence of new players.
Aircraft computer systems consist of both hardware and software. Hardware is used for the input and output operations, while the software is used for computing the data. Computers are divided on the type of system they control. Flight controls include the aerodynamic controls. Engine controls are used for controlling the power and other parameters of the engines and other subsystems associated with them. Utility controls include other controls such as pressure, temperature, and other factors. Computers are being increasingly used in aircrafts today due to the increased degree of safety they provide. The complexity of such technology is advancing day-by-day, and better systems improve the growth rate of the market.
Restraints for the market includes high cost associated with the development, installation, and maintenance of the equipment, and the regulations laid down by the governments of different countries for the production of these systems.
Impact of the COVID-19 on Global Aircraft Computers Market:
COVID-19 impacted industries across the world. Travel restrictions were imposed, which led to a decrease in production and disrupted supply chains. The aviation industry faced a heavy impact too. The number of passengers in 2020 fell by 65.9%, compared to 2019. With such less passengers low cargo transport due to restrictions, entire aircraft fleets were grounded. This also led to a decrease in the demand for new aircrafts, and a subsequent decrease in the demand for aircraft computers. The research and development of the technology also slowed down during the period. Original equipment manufacturers faced huge losses and many small players and start-ups looked at the possible situation of bankruptcy during the pandemic.
The global aircraft computers market is segmented into five broad categories- by component, by type, by aircraft, by point of sale, and by end user.
Based on the component, the market is bifurcated into Hardware and Software. Based on the type of computer, the market is divided into flight control, engine control, utility control, and others.
Based on the type of aircraft, the market is divided into fixed wing, rotary wing, and Unmanned Aerial Vehicle (UAV).
Based on the point of sale, the market is divided into Original Equipment Manufacturer (OEM) and aftermarket.
Based on the end user, the market is trifurcated into Commercial, Military, and Civil.
On the basis of region, we can divide it into North America, Europe, Asia Pacific, and the Rest of the World.
Key Insights:
The report will describe the following key insights:
- The report analyzes a detailed industry overview, including qualitative and quantitative information.
- The report analyzes an overview and forecast of the global aircraft computers market based on various segments.
- The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia Pacific, and Rest of the World, after evaluating economic, social, political and technological factors affecting the Global Aircraft Computers Market in these regions.
Regional Analysis:
The dominant region for the market is North America. The region has a large passenger traffic and a high aircraft density. The presence of multiple big players such as Honeywell International Inc. and Raytheon Technologies boosts the research and development of aircraft computer systems. The region also sees a considerable military expenditure. For instance, in June 2022, Raytheon Technologies Inc. received a USD 42.6 Million contract for the upgradation of mission computers in the U.S. Air Force A-10 Thunderbolt II. All these factors make North America a big contributor towards the market.
Asia Pacific is a future hub for the market. The region is witnessing a significant growth in passenger count. Many airlines are also expanding their fleets, which is good for the market. This also encourages the emergence of new companies in the market, and accelerates the market growth in the region.
Key Players Covered:
Some of the major players in the global aircraft computers market are Honeywell International Inc., Rockwell Collins Inc., Thales Group, BAE Systems, Curtiss-Wright Corporation, SAFRAN, Saab AB, and Raytheon Technologies, and others.
Segmentation:
By Component | By Type | By Aircraft | By Point of Sale | By End User | By Region |
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Key Industry Developments:
- In October 2022, Garmin International Inc. announced that it had received the Supplemental Type Certification (STC) from the Federal Aviation Administration (FAA) for its GI 275 flight instrument in the Dassault Falcon 7X business jet. The new system will improve the existing system by adding an altitude-direction indicator (ADI) with synthetic vision technology (SVT).
- In February 2022, BAE Systems announced that it had delivered its 3,000th Vehicle Management Computer (VMC) and 1,000th Active Interceptor System (AIS) to Lockheed Martin Corporation for the F-35 Lightning II aircraft. VMC and AIS provide the aircraft with critical abilities to operate safely and reliably in demanding environments.
- Global
- 2023
- 2019-2022