Aerospace & Aviation News Attractive Opportunities in the Aircraft Computers | Page 2
Aircraft Computers Market worth 7.87 Billion USD by 2022
According to the new market research report "Aircraft Computers Market by Type (Flight
Controls, Engine Controls, Flight Management Computers, Mission Computers, Utility Controls),
Platform (Fixed Wing, Rotary Wing, UAV), End User (OEM, Aftermarket), Component, and Region
- Global Forecast to 2022", The aircraft computers market is projected to grow from USD 5.90
Billion in 2017 to 7.87 Billion by 2022, at a CAGR of 5.91% from 2017 to 2022.The aircraft computers
market is driven by the increasing commercial aircraft deliveries across the globe.
Browse 83 Market Data Tables and 39 Figures spread through 135 Pages and in-depth TOC on "Aircraft
Computers Market - Global Forecast to 2022"
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The Unmanned Aerial Vehicle (UAV) platform segment is projected to grow at the highest CAGR during
the forecast period
Based on platform, the UAV segment of the aircraft computers market is projected to grow at the
highest CAGR from 2017 to 2022, owing to the increasing application of UAVs in the commercial and
defense sectors. Computers are required to control the flight as well as the payload in a UAV.
The OEM segment is projected to grow at a high rate during the forecast period
Based on end user, the OEM segment is projected to grow at a high rate during the forecast period.
The growth of this segment is due to the increasing aircraft deliveries in the commercial and military
sectors.
Asia Pacific is projected to be the fastest-growing market for aircraft computers during the forecast
period
The aircraft computers market in the Asia Pacific region is projected to grow at the highest CAGR
during the forecast period. This growth can be attributed to the high air passenger traffic, leading to
an increase in the number of aircraft deliveries in this region.
Major players operating in the aircraft computers market include BAE Systems (UK), Honeywell (US),
Rockwell Collins (US), Saab (Sweden), Thales (France), Curtiss-Wright (US), Esterline Technologies (US),
United Technologies (US), and Cobham (UK).