Global Sensors for Avionics Market: The driving factors influencing the global sensors for avionics market include the increasing presence of the world’s most popular commercial aircraft and business jet, growing research and development projects, and increasing funds for academic research institutes.

The Global Sensors for Avionics Market were valued at USD 3.5 billion in 2020 and is expected to reach USD 4.76 grow with a CAGR of 3.3% over the forecast period. The driving factors influencing the global sensors for avionics market include the increasing presence of the world’s most popular commercial aircraft and business jet, growing research and development projects, and increasing funds for academic research institutes. Moreover, large investments towards in-house research and development are expected to propel the growth of the global sensors for avionics market.

The growing implementation of real-time monitoring in aircraft is the primary growth factor of the global sensors for avionics market. Due to the executions of real-time monitoring systems, the airplane enables operators to monitor the flight performance and engine effectiveness appropriately. These systems allow precise maintenance and help in reducing the overall maintenance costs of an aircraft. These are the advantages that are expected to increase the life of the aircraft for the long-term. Moreover, these sensor systems also help in collecting a wide range of data that include the status of onboard systems, flight conditions, and operation of engines.

A sensor is one such equipment that measures a physical property, records, and responds to it accordingly. With the increasing demand for smartphones and tablets and a wide range of applications, the demand for sensors is on the verge to witness drastic changes in the near future. Due to the increasing development of advanced sensors and the high rate of adoption of wireless sensors for military and commercial purposes the demand for sensors for avionics market is expected to fuel over the forecast period.

The global sensors for avionics market are categorized into several segmentations including platform, sensor type, application, connectivity, the base of fit, and region. Based on the platform, the global sensors for avionics market are segregated into fixed-wing aircraft, rotary-wing aircraft, and UAVs. With the increasing number of air passengers, the demand for sensors for avionics market is expected to have a major impact on the commercial aviation market. Due to the growing demand for fixed-wing aircraft, the demand for sensors for avionics is on the verge to fuel the market over the forecast period.

On the basis of sensor type, the global sensors for avionics market is fragmented into Pressure Sensors, Temperature Sensors, Force Sensors, Torque Sensors, Speed Sensors, Position & Displacement Sensors, Level Sensors, Proximity Sensors, Flow Sensors, Accelerometers, Gyroscopes, Pitot Probes, Radar Sensors, Angle-of-Attack (AoA) Sensors, Altimeter Sensors, Smoke Detection Sensors, GPS Sensors, and Others.

On the basis of applications, the global sensors for avionics market is divided into Engines, Doors & Slides, Cabin & Cargo Environmental Controls, Flight Decks & Flight Control, Landing Gears, Wheels & Brakes, Fuel, and Hydraulic & Pneumatic Systems.

Based on the connectivity, the global sensors for avionics market are subjected to wired and wireless. The wireless sensors segment is estimated to project the highest CAGR over the forecast period. With the growing demand for lightweight aircraft, the global sensors for avionics market are expected to influence the wired sensors segment.

The Asia Pacific sensors for avionics market is expected to hold the highest CAGR owing to the increasing air passenger traffic, rising demand for new aircraft deliveries, and increasing disposable income and growth. In 2018, the Shanghai-based aircraft manufacturer, Commercial Aircraft Corporation of China (COMAC) received bulk orders of up to 600 C919 jumbo jets from 24 domestic buyers, including China Southern, China Eastern, Hainan Airlines, and Sichuan Airlines.

In terms of market players, the global sensors for avionics market is competitive and fragmented with the presence of various kind of different vendors including AMETEK, Amphenol, CiES, Crane Aerospace & Electronics, Eaton, Esterline Technologies, Fluid Components (FC), HarcoSemco, Japan Aviation Electronics Industry, Jewell Instruments, Meggitt, MEMSCAP, Murata Manufacturing, RDF, Sensor Systems, Sensata Technologies, LORD, TE Connectivity, UTC Aerospace Systems, and Zodiac Aerotechnics.