Jun 11, 2020 (Market Insight Reports) -- This report on the global Air Data Systems Market Research Report 2020 is detailed research that helps answer business questions related to competitive intelligence, market analysis, and market trends. It also highlights each of the prominent factors responsible for the growth of the market are; demographics, increasing purchasing power, increasing demand, regulatory policies, product standards, and manufacturing standards.
According to the study, the global air data systems market is anticipated to register a CAGR of over 4% during the forecast period (2020 – 2027).
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Meggitt plc (lon:MGGT), Honeywell International Inc. /zigman2/quotes/205583690/composite HON -1.35% , Financial Highlights, Rockwell Collins, Inc., AMETEK, Inc. /zigman2/quotes/206910371/composite AME -1.29% , Raytheon Technologies Corp /zigman2/quotes/203237915/composite RTX -0.94% , Curtiss-Wright Corp. /zigman2/quotes/203004580/composite CW -0.24% , Shadin Avionics, Astronautics Corporation of America, Thommen Aircraft Equipment, Aeroprobe Corporation, request sample for a complete list of companies.
The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among the players will help the industry aspirants in planning their strategies.
Air data systems provide accurate information on quantities such as pressure altitude, vertical speed, calibrated airspeed, true airspeed, Mach number, static air temperature, and air density ratio, which is very essential for the pilot to fly aircraft safely. These systems include angle of attack (AOR), pilot-static probes, and stall protection systems, along with the outside and total air temperature sensors. The report covers the latest trends and technological development in the air data systems market. The study includes air data systems used in helicopters but excludes general aviation aircraft.
Air data systems relay vital information for aircraft flight control by providing accurate measurements over a wide range of angles of attack and airspeeds. Increasing demand for new aircraft by airlines and armed forces across the globe are the major driving factors for the air data systems market.
Market Segmentation by Types, Applications, and regions:
Based on Types, the market is segmented into:
Narrow Body Aircraft
Very Large Aircraft
Regional Transport Aircraft
Military Transport Aircraft
Rotary Wing Aircraft
Based on the application market is segmented into:
Market Segment by Regions:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.
The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.