Report : Asia Pacific Aircraft Interface Device Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Operating System (iOS, Android, and Others), End User (Parents and Childcare/Daycare), Pricing (Monthly Subscription and Annual Subscription), and Application (Education, Sleep and Movement Tracking, Feeding, Medicine, and Others)
At 13.8% CAGR, the Asia Pacific Aircraft Interface Device Market is speculated to be worth US$ 85.76 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific aircraft interface device market was valued at US$ 36.89 million in 2021 and is expected to reach US$ 85.76 million by 2028, registering an annual growth rate of 13.8% from 2021 to 2028. increasing number of aircraft fleet regionally and stimulating demand for advanced technologies across aircraft models are the critical factors attributed to the market expansion.
The aviation industry is adopting advanced information technologies, which are anticipated to transform the decision-making capability of the industry and make the new implementations faster than before. The transition toward machine learning and increasing use of artificial intelligence to leverage big data is expected to provide the aircraft interface devices with technology to enhance their predictive analysis capabilities. The demand for advanced technology drives the airline industry and demands more integration of such techniques to get a smarter cockpit. The smarter cockpit helps provide better communication with ground support staff, including maintenance and dispatcher’s personnel, for making better decisions associated with flight performance and weather avoidance for efficient operations and better fuel efficiency. Aircraft modernization includes modern digital communication systems, new engines, inflight entertainment, advanced armaments, navigation flight systems, and data recorders. The transformation of aircraft is beneficial for the aircraft interface device (AID) manufacturers as the advanced AID is reliable, has enhanced connectivity and communication, has a high capacity to store data, and is more accurate. These benefits of aircraft interface devices increase the scope of their adoption among the defense forces and commercial airliners to modernize the connectivity and communication system to have efficient aircraft functioningOn the contrary, susceptible to cyber-attacks hurdles the growth of Asia Pacific aircraft interface device market.
Based on platform , the Asia Pacific aircraft interface device market is bifructed into hardware and software .The hardware segment held 74.0% market share in 2021, amassing US$ 27.31 million. It is projected to garner US$ 61.30 million by 2028 to expand at 13.2% CAGR during 2021–2028.
Based on connectivity , the Asia Pacific aircraft interface device market is bifructed into wired and wireless. The wired segment held 84.8% market share in 2021, amassing US$ 31.30 million. It is projected to garner US$ 70.16 million by 2028 to expand at 13.2% CAGR during 2021–2028.
Based on fit type,the Asia Pacific aircraft interface device market is segmented into line fit and retro fit . The line fit segment held 60.3% market share in 2021, amassing US$ 14.66 million. It is projected to garner US$ 36.57 million by 2028 to expand at 15.0% CAGR during 2021–2028.
Based on aircraft type,the Asia Pacific aircraft interface device market is divided into fixed wing and rotary wing. The fixed wing segment held 81.2% market share in 2021, amassing US$ 29.94 million. It is projected to garner US$ 71.35 million by 2028 to expand at 13.2% CAGR during 2021–2028.
Based on country, the Asia Pacific aircraft interface device market has been categorised into the Australia , China ,India , Japan , South Korea and Rest of Asia Pacific. Our regional analysis states that China captured 33.6% market share in 2021. It was assessed at US$ 12.38 million in 2021 and is likely to hit US$ 29.27 million by 2028, exhibiting a CAGR of 14.1% during the forecast period.
Key players dominating the Asia Pacific aircraft interface device market are Boeing ; Collins Aerospace ; Honeywell International Inc. ;Teledyne Controls LLC ; Thales Group ; Viasat, Inc. ; and Anuvu among others.
- In 2017, Teledyne Controls and Avionics Support Group, Inc. (ASG) have signed a joint marketing agreement to promote Teledyne's GroundLink AID+ Aircraft Interface Device (AID) solution alongside ASG's proven range of patented Electronic Flight Bag (EFB) mounting and power devices to provide a complete connectivity solution.
- In 2019, Viasat Inc, a global communications firm, and Teledyne Controls LLC, a renowned manufacturer of advanced avionics systems, announced a collaboration to deliver real-time linked flight deck services to commercial airlines. Airlines can off-load Quick Access Recorder (QAR) data and reliably stream Aircraft Communications Addressing and Reporting System (ACARS) signals from the flight deck using Viasat's IFC system in conjunction with Teledyne's Aircraft Interface Device (AID).