AIR DATA INDICATOR MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Air Data Indicator Market, By Product Type (Altimeter, Airspeed Indicator, Vertical Speed Indicator, Angle of Attack Indicator, and Others), By Aircraft Type (Fixed Wing, Rotary Wing, and UAVs), By End User (Commercial Aviation, Military Aviation, and General Aviation), By Application (Air Transport, Training, Defense, and Others), By Distribution Channel (OEMs and Aftermarket), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Jan 2024
Code : CMI6355
Pages :210
Formats :
Excel and PDF
Industry : Aerospace and Defense

Regional Analysis

North America is expected to be the largest market for air data indicators during the forecast period, accounting for over 35% of the market share in 2023. The growth of the market in North America is attributed to high aircraft production and deliveries in the region along with the presence of major OEMs (Original equipment manufacturer).

Europe is expected to be the second-largest market for air data indicators, accounting for over 24% of the market share in 2023. The growth of the market in Europe is attributed to a well-established general aviation sector and increasing orders for commercial aircraft.

Asia Pacific is expected to be the fastest-growing market for air data indicators, growing at a CAGR of over 19% during the forecast period. The growth of the market in Asia Pacific is attributed to increasing defense spending by countries such as India and China along with rising commercial aviation in the region.

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, Central Africa, and Rest of Middle East

AIR DATA INDICATOR MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Regional Analysis

Air Data Indicator Market Report Snapshots

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