Report : Asia Pacific Aircraft Computers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software), Type (Flight Controls, Utility Controls & IFE Systems, Engine Controls, Mission Computers, and Flight Management Computers), Platform (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and Unmanned Aerial Vehicles), and Fit Type (Line Fit and Retrofit)
Flight Controls Segment to Dominate APAC Aircraft Computers Market during 2020–2028
According to a new market research study on “APAC Aircraft Computers Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Component, Type, Platform, and Fit Type” is expected to reach US$ 2,340.43 million by 2028 from 1,527.94 US$ million in 2022. The market is estimated to grow at a CAGR of 7.4% from 2022 to 2028. The report provides trends prevailing in the APAC aircraft computers market along with the drivers and restraints pertaining to the market growth. Rising popularity of connected electronic modules is the major factor driving the growth of the APAC aircraft computers market. However, issues associated with rising risk of cyber-attacks hinders the growth of APAC aircraft computers market.
The APAC aircraft computers market is segmented into component, type, platform, fit type, and country. Based on component, the market is segmented into hardware and software. The hardware segment accounted for a larger market share in 2021. In terms of type, the market is segmented into flight controls, utility controls & IFE Systems, engine controls, mission computers, and flight management computers. The flight controls segment accounted for the largest share of the market in 2021. Based on platform, the market is categorized into fixed wing, rotary wing, and unmanned aerial vehicles (UAVs). The fixed wing segment dominated the market in 2021. In terms of fit type, the market is categorized into line fit and retrofit. The line fit segment accounted for a larger share in 2021. Based on country, the APAC aircraft computers market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC.
BAE Systems; Garmin Ltd.; General Dynamics Mission Systems, Inc.; General Electric; Honeywell International Inc.; Lockheed Martin Corporation; Raytheon Technologies; SAAB AB; Safran Group; and Thales Group are among the leading companies in the APAC aircraft computers market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, BAE Systems powerful Digital Flying Control Computer for the F-16s receives demand inputs from the pilots' control stick and rudder pedals and monitors current flight circumstances via onboard sensors. It also instantly computes and communicates orders to all actuators throughout the aircraft to maintain controlled flight, including rudders, stabilizers, and spoilers.
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