
Published On: Sep 2022
Published On: Sep 2022
At 10.3% CAGR, the North America Aircraft Interface Device Market is projected to be worth US$ 121.92 million by 2028, says Business Market Insights
According to Business Market Insights research, the North America aircraft interface device market was valued at US$ 67.68 million in 2022 and is expected to reach US$ 121.92 million by 2028, registering a CAGR of 10.3% from 2022 to 2028. Increasing number of aircraft fleet regionally, and stimulating demand for advanced technologies across aircraft models are the critical factors attributed to the North America aircraft interface device 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. Through these capabilities, the manufacturers are improving the usability of the cockpit EFB and replacing paper charts with computer screens and tablets in the cockpits. 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 functioning.
On the contrary, susceptible to cyber-attacks hampers the North America Aircraft Interface Device Market .
Based on platform, the North America aircraft interface device market is segmented into hardware and software. The hardware segment held 71.91% share of North America Aircraft Interface Device Market in 2022, amassing US$ 48.67 million. It is projected to garner US$ 85.48 million by 2028 to expand at 9.8% CAGR during 2022–2028.
Based on connectivity, the North America aircraft interface device market is segmented into wired and wireless. The wired segment held 80.19% share of North America Aircraft Interface Device Market in 2022, amassing US$ 54.27 million. It is projected to garner US$ 95.27 million by 2028 to expand at 9.8% CAGR during 2022–2028.
Based on fit type, the North America aircraft interface device market is segmented into line fit and retrofit. The line fit segment held 62.70% share of North America Aircraft Interface Device Market in 2022, amassing US$ 42.44 million. It is projected to garner US$ 78.81 million by 2028 to expand at 10.9% CAGR during 2022–2028.
Based on aircraft type, the North America aircraft interface device market is segmented into fixed wing and rotary wing. The fixed wing segment held 82.41% share of North America Aircraft Interface Device Market in 2022, amassing US$ 55.78 million. It is projected to garner US$ 101.82 million by 2028 to expand at 10.6% CAGR during 2022–2028.
Based on country, the North America aircraft interface device market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 66.77% share of North America Aircraft Interface Device Market in 2022. It was assessed at US$ 45.19 million in 2022 and is likely to hit US$ 79.52 million by 2028, exhibiting a CAGR of 9.9% during the forecast period.
Key players dominating the North America aircraft interface device market are Anuvu; Astronics Corporation; Boeing; Carlisle Companies Incorporated; Collins Aerospace; Honeywell International Inc.; Teledyne Controls LLC; Thales Group; Viasat, Inc.; and SCI Technology, Inc., among others.
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