The Europe aircraft interface device market is expected to grow from US$ 52.80 million in 2022 to US$ 106.37 million by 2028. It is estimated to grow at a CAGR of 12.4% from 2022 to 2028.
Stimulating Demand for Advanced Technologies across Aircraft Models Fuel Europe Aircraft Interface Device Market
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 aircraft interface devices analysis through European Federation of Biotechnology (EFB) uses thousands of distinct software algorithms to process radar data and raw flight plans from the ATC (air traffic control system).
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.
Europe Aircraft Interface Device Market Overview
The European market for aircraft interface devices includes countries such as France, Germany, Russia, the UK, and the Rest of Europe. With over ~20,000 flights a day and ~ 600 million passengers flying every year, Europe accredits with having the world’s busiest airspace. This further leads to security concerns in the European aviation market. The robust Europe economy and rising demand for air traffic in the region are significant factors that primarily drive the demand for aircraft interface devices. The demand for new modern aircraft in the commercial and military aircraft module is driving the market for aircraft interface devices in the region. The economic stability in the region is helping the airliners and the defense forces procure more aircraft to meet the demand for air travel and strengthen military forces. Similarly, the military sector also increased its procurement of military aircrafts over the years. For instance, according to data published by IATA, European airlines carried ~389.9 million passengers in 2020. These factors influence the rise in the manufacturing of aircraft and aircraft components. For instance, Germany announced plans to buy six Lockheed Martin C-130J Hercules aircraft in 2018. Germany and France are also seeking to construct a joint manufacturing plant for C 130J Hercules aircraft to provide additional power to their air forces, keeping the costs within limits. Similarly, new facilities for the development of aircraft are being built by manufacturers across the region. For instance, Boeing in May 2020, opens its first European manufacturing site in the UK. These factors are contributing to the growth of the Europe aircraft interface device market.
Europe Aircraft Interface Device Market Revenue and Forecast to 2028 (US$ Million)
Europe Aircraft Interface Device Market Segmentation
The Europe aircraft interface device market is segmented into platform, connectivity, fit type, aircraft type and country.
Based on platform, the Europe aircraft interface device market is segmented into hardware and software. The hardware segment held a larger share of the Europe aircraft interface device market in 2022.
Based on connectivity, the Europe aircraft interface device market is segmented into wired and wireless. The wired segment held a larger share of the Europe aircraft interface device market in 2022.
Based on fit type, the Europe aircraft interface device market is segmented into line fit and retrofit. The line fit segment held a larger share of the Europe aircraft interface device market in 2022.
Based on aircraft type, the Europe aircraft interface device market is segmented into fixed wing and rotary wing. The fixed wing segment held a larger share of the Europe aircraft interface device market in 2022.
Based on country, the Europe aircraft interface device market is segmented into France dominated the share of the Europe aircraft interface device market in 2022.
Boeing; Collins Aerospace; Honeywell International Inc.; Teledyne Controls LLC; Thales Group; Viasat, Inc.; Anuvu; Astronics Corporation; Carlisle Companies Incorporated; and SCI Technology, Inc. are the leading companies operating in the Europe aircraft interface device market.