Market Research Report Store Air Data Systems Market Projected to grow from USD

"Air Data Systems Market Projected to grow from USD 579.7 million in 2016 to USD 762.9 million by 2021, at a CAGR of 5.65% during the forecast period" published in June 2017. It is a professional and in-depth study. Summary Market Research Report Store announces a new report ＂Air Data Systems Market＂added to its database.The air data systems market is projected to grow from USD 579.7 million in 2016 to USD 762.9 million by 2021, at a CAGR of 5.65% during the forecast period. This growth is mainly attributed to factors such as increase in demand for new aircraft and emergence of new technologies. However, the high cost of air data systems for medium and small UAVs is anticipated to restrain the growth of this market. Detailed TOC Of Report @ https://www.marketresearchreportstore.com/ Ask a sample, click here [email protected] “The narrow body segment is estimated to have the largest market share” By aircraft type, the narrow body segment of the air data systems market is estimated to account for the largest market size in 2016. Increase in demand for regional aircraft is one of the driving factors for narrow body aircraft, globally. According to Boeing’s Outlook 2016, the global fleet size of narrow body aircraft is 14,870. Asia and North America have the largest fleet of narrow body aircraft, with 4,540 and 4,010 aircraft respectively. By the end of 2035, the global fleet size of narrow body aircraft is expected to reach 32,280. The number of narrow body aircraft deliveries from 2016 to 2035 is expected to be 28,140, of which Asia is expected to account for almost 39.65% of the total expected deliveries by 2035. “The electronic unit segment is estimated to account for the largest share of the air data systems market” Based on component, the electronic unit segment is estimated to account for the largest share of 89.8% of the air data systems market in 2016. The electronic unit is a computing electronic device responsible for the crucial job of providing accurate information. “North America is estimated to account for the largest market share and is projected to grow at the highest CAGR during the forecast period”