The North America aircraft interface device market is expected to grow from US$ 67.68 million in 2022 to US$ 121.92 million by 2028. It is estimated to grow at a CAGR of 10.3% from 2022 to 2028.
Increasing Number of Aircraft Fleet Regionally Fuel North America Aircraft Interface Device Market
There has been significant growth in the commercial aviation industry in the past decade. The airlines in the developed and developing nations are ordering a high number of aircraft to meet the constantly rising air travel demand. Owing to the continuously growing disposable income among the global population, the need for air travel is also increasing rapidly. Commercial air traffic is anticipated to maintain a constant growth rate, despite various challenges, such as rising aviation fuel costs and technical faults causing accidents. However, these challenges are overcome by the increasing number of passengers, which leads to more aircraft across the region. There has been significant growth in the commercial aviation industry in the past decade. The airlines in the developed and developing nations are ordering a high number of aircraft to meet the constantly rising air travel demand. Owing to the continuously growing disposable income among the global population, the need for air travel is also increasing rapidly. Commercial air traffic is anticipated to maintain a constant growth rate, despite various challenges, such as rising aviation fuel costs and technical faults causing accidents. However, these challenges are overcome by the increasing number of passengers, which leads to more aircraft across the region.
North America Aircraft Interface Device Market Overview
North America comprises the US, Canada, and Mexico. North America has a developed aviation market and industry. The aircraft manufacturers across the region are focusing on the development and the adoption of smart and advanced technologies for the efficient performance of the aircraft. The integration of aircraft interface devices has gained significant popularity in North America. The aircraft manufacturers witnessed substantial demand for line fitting of aircraft interface devices (AIDs) due to the rising concerns among the airlines and the US government. This factor has led the country to experience remarkable growth in the adoption of AIDs over the years. The continuously rising number of new commercial aircraft in the US has increased demand and the number of aircraft interface devices. For instance, according to the Boeing commercial market outlook, 10,835 aircraft fleet will be delivered in North America by 2040. Thus, the rise in investment in aircraft development and its procurement influenced the growth of the maintenance, repair and operations (MRO) services market across the region. The rise in MRO services providers is expected to increase the demand for retrofitting aircraft interface devices, which is expected to contribute to the North American aircraft interface device market over the years.
North America Aircraft Interface Device Market Revenue and Forecast to 2028 (US$ Million)
North America Aircraft Interface Device Market Segmentation
The North America aircraft interface device market is segmented into platform, connectivity, fit type, aircraft type and country.
Based on platform, the North America aircraft interface device market is segmented into hardware and software. The hardware segment held a larger share of the North America aircraft interface device market in 2022.
Based on connectivity, the North America aircraft interface device market is segmented into wired and wireless. The wired segment held a larger share of the North America aircraft interface device market in 2022.
Based on fit type, the North America aircraft interface device market is segmented into line fit and retrofit. The line fit segment held a larger share of the North America aircraft interface device market in 2022.
Based on aircraft type, the North America aircraft interface device market is segmented into fixed wing and rotary wing. The fixed wing segment held a larger share of the North America aircraft interface device market in 2022.
Based on country, the North America aircraft interface device market is segmented into the US, Canada, and Mexico. The US dominated the share of the North America aircraft interface device market in 2022.
Anuvu; Astronics Corporation; Boeing; Carlisle Companies Incorporated; Collins Aerospace; Honeywell International Inc.; Teledyne Controls LLC; Thales Group; Viasat, Inc.; and SCI Technology, Inc. are the leading companies operating in the North America aircraft interface device market.