Aircraft Computer Market Forecasts to 2028 – Global Analysis By Component (Software, Hardware), Application (Military, Commercial, Para-Military, Civil), End User (Installed Base, New Build, Upgrades), and By Geography
According to Stratistics MRC, the Global Aircraft Computer market is accounted for $7.61 billion in 2020 and is expected to reach $14.18 billion by 2028 growing at a CAGR of 8.1% during the forecast period. Some of the key factors propelling the market growth include the increasing aircraft deliveries across the globe, rising demand for aircraft computers among end-user, including OEMs, increasing use of electronic systems and computers in aircraft, rise in focus on modernization of the existing aircraft fleet, increase in retrofit activities in the general aviation industry, and rising focus on reducing the workload of aircraft pilots. However, existing backlogs in aircraft deliveries is restricting the market growth.
An aircraft computer is an electronic device which is used in aircraft for monitoring and control of several aircraft functions. Various types of aircraft computers are available in the market. These include flight controls, flight management computers, mission computers, engine controls, and utility controls. Use of aircraft computers helps reduce the workload of aircraft pilots. Moreover, it is used every part of the aircraft where it is used to control them in flight as well as to reach their destination. It helps the aircraft to enhance the security of the travellers and diminishing the outstanding burden of the pilot.
By platform, the unmanned aerial vehicle (UAV) segment is projected to grow at the significant rate during the forecast period, owing to rising demand for aircraft computers in unmanned aerial vehicles (UAVs) and the increasing application of UAVs in the commercial and defence sectors. Hence, advanced aircraft computers are required to avoid unmanned aerial traffic and offer enhanced navigation capabilities to pilots.
On the basis of geography, Asia Pacific aircraft computers market will witness significant growth over the forecast timeframe due to the rise in requirement of narrow body aircraft for commercial aviation, high air passenger traffic, leading to an increase in the number of aircraft deliveries in this region, and increasing acquisition of defence aircraft by various countries owing to ongoing geopolitical disputes. The introduction of LCC models in commercial aviation has significantly reduced the cost of air travel. Increasing GDP and per capita income of individuals across Asia Pacific are reducing rates of air travel, augmenting the market growth.
Some of the key players in Aircraft Computer Market include Rockwell Collins, Honeywell International Inc., Safran S.A., The Curtiss-Wright Corporation, Cobham plc, Saab AB, United Technologies Corporation, Esterline Technologies Corporation, BAE Systems PLC, Thales Group, Boeing, Bombardier Inc., Kontron S&T AG, GE Aviation, Garmin Ltd., General Dynamics Mission Systems, Inc., and Raytheon Technologies Corporation.
Estimated Market Size in 2020:
USD 7.61 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 14.18 billion
Tables, Graphs & Figures
Platform, Component, Type, Application, Sales Channel, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Rotary-Wing Aircraft
• Fixed-Wing Aircraft
• Unmanned Aerial Vehicle (UAV)
• Single Aisle Aircraft
• Twin Aisle Aircraft
• Mission Computers
• Engine Controls
• Flight Management Computers (FMC)
• Flight Controls
• Utility Controls
Sales Channels Covered:
• Original Equipment Manufacturer (OEM)
End Users Covered:
• Installed Base
• New Build
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Aircraft Computer Market is majorly driven by increasing demand for aircraft computers among end-user, including OEMs, rise in focus on modernization of the existing aircraft fleet, and growing focus on reducing the workload of aircraft pilots.
The original equipment manufacturer (OEM) segment is growing at a highest CAGR owing to aircraft modernization programs, increasing aircraft deliveries in the commercial and military sectors, and the adoption of aircraft computers to be installed on advanced aircraft coming out of the production line.
North America dominated with a significant market share due to the presence of major aircraft component manufacturers in the U.S. and significant focus of the government and defense organizations to modify & upgrade their existing military aircraft and integrate them with latest technologies.
Asia Pacific market is growing at a highest CAGR owing to the high air passenger traffic leading to an increase in the number of aircraft deliveries in this region, increasing aviation industry in countries such as China, Japan, and India, and growing acquisition of defense aircraft by various countries owing to ongoing geopolitical disputes.
Key players in Aircraft Computer Market include Rockwell Collins, Honeywell International Inc., Safran S.A., The Curtiss-Wright Corporation, Cobham plc, Saab AB, United Technologies Corporation, Esterline Technologies Corporation, BAE Systems PLC, Thales Group, Boeing, Bombardier Inc., Kontron S&T AG, GE Aviation, Garmin Ltd., General Dynamics Mission Systems, Inc., and Raytheon Technologies Corporation.
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