USD 6.1 billion
Aircraft Computers Market Size, Share, Growth Analysis, By Type (Flight Controls (Flight Augmentation Computers, Flight Guidance Computers, Flight Control Computers, Flight Director Computers), By Platform (Fixed Wing Aircraft (Commercial Aviation [Narrow Body Aircraft, Regional Transport Aircraft, Wide Body Aircraft, Very Large Aircraft]), By Component(Hardware, Software), By End User (OEM, Aftermarket), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20A2227 |
Region:
Global |
Published Date: July, 2024
Pages:
202
|Tables:
89
|Figures:
73
Aircraft Computers Market Insights
Aircraft Computers Market size was valued at USD 6.1 Billion in 2022 and is poised to grow from USD 6.4 Billion in 2023 to USD 9.5 Billion by 2031, at a CAGR of 5% during the forecast period (2024-2031).
The Aircraft Computers market has been a steadily growing market, due to the increasing adoption of the fly-by-wire system in today's aircraft. This involves taking input from various sensors in the aircraft and analyzing them using a computer. This reduces the load on the pilot and eliminates any human errors during flight of an aircraft. The major drivers of the aircraft computer market have been increased aircraft orders, upgradation of the existing fleet and continuous technological developments in the aircraft computers themselves. As the world is opening, Tourism has risen back to its full glory. Growing air passenger traffic in developing cities is encouraging flight carriers to start newer air routes where they do not exist or increase the numbers wherever they already exist. Apart from civil requirements, the need for aircraft computers is steadily being felt in the military too. Political crises between different countries, especially ones sharing borders, are contributing to these demands. One very new opportunity for aircraft computers is also the growing use of unmanned aerial vehicles for various purposes.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Portable
Fastest Growth
Portable
Growth Rate
5% CAGR
Aircraft Computers Market ($ Bn)
Country Share for North America Region (%)
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Aircraft Computers Market Segmental Analysis
The aircraft computers market is segmented based on type, platform, component, end-user, and region. By type, the market is segmented into Flight Controls (Flight Augmentation Computers, Flight Guidance Computers, Flight Control Computers, Flight Director Computers, Air Data Computers, Autopilot Computers), Engine Controls (Full Authority Digital Engine Control, Electronic Engine Control), Utility Controls (Central Maintenance Computers, Display Management Computers, Fuel Management Computers), Flight Management Computers, Mission Computers. By platform, the market is segmented into Fixed Wing Aircraft (Commercial Aviation [Narrow Body Aircraft, Regional Transport Aircraft, Wide Body Aircraft, Very Large Aircraft], General Aviation [Business Aircraft, Light Aircraft], Military Aviation [Fighter Aircraft, Transport Aircraft]), Rotary Wing Aircraft (Civil Helicopters, Military Helicopters], Unmanned Aerial Vehicles. By component, the market is segmented into hardware and software. By end user, the market can be segmented into OEM and aftermarket. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Analysis By Type
The argest segment of the aircraft computers market is held by Engine Controls. This dominance can be attributed to the fact that they are absolutely necessary for safety and effective working of the aircraft. Flight controls are responsible for increasing capability and reducing the workload of the pilot. Similarly, Engine Controls are important for the efficient working of the aircraft engine. Hence, these two types of aircraft computers remain a major shareholder of the market.
The fastest growing segment in the aircraft computer market is the Flight Management Computers. The need for the modern-day aircraft to come with their new navigation techniques, route planning systems, and fuel optimization techniques have led to the rapid growth of this sector.
Analysis By Platform
Fixed Wing aircrafts have traditionally held the major share in the aircraft computers market. This type of aircraft caters to a large and varying group of services ranging from being the carriers of regular air passengers, to jets used for business or private purposes, to those used as military aircraft. There is a never-ending need for all these kinds of aircraft, which is leading to the huge growth of this sector.
The fastest-growing segment of the Aircraft Computers market is the Unmanned Aerial Vehicles (UAVs). Commonly known as drones, these kinds of aircraft are being increasingly used for various purposes like surveying, surveillance, agriculture, package delivery and others. The advancements in technology, huge range of applications and more and more supportive government regulations are helping this sector grow at a high pace in the market.
Analysis By End-User
The dominance between OEM and aftermarkets in the aircraft computer market can greatly vary based on the type of aircraft and the specific segment of the market. In the early stages of an aircraft life cycle, the OEMs hold the dominant position. As the aircraft ages more and more, the need for repairs and upgradations will increase. This is when the aftermarket has its dominance.
When an aircraft is manufactured, the computer systems come along with them. They are often integrated and are a part of the production process. As the need for more and more aircrafts are increasing, the OEM market will grow. However, the existing fleets are also in constant need of upgradation and technology is advancing at a fast pace and this is driving the aftermarkets. The aftermarket is also becoming significant for maintenance, repair and overhaul services for the existing aircrafts.
Aircraft Computers Market By Type
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Aircraft Computers Market Regional Insights
The dominating region in the Aircraft Computers market is North America, which holds a significant market share. The dominance of this region is largely due to the high passenger traffic, and large aircraft density. Moreover, the existence of multiple key players like Boeing, Honeywell Corporation Inc, Curtiss Wright Corporation & Raytheon Technologies Corporation in the US region helps in its growth. This is also a region which sees a major military investment every year. The United States has also been a hub for innovation and advancement in technologies. Several research and development laboratories are present in this region for this purpose.
Asia Pacific is the fastest growing market in aircraft computers. Countries in this region have seen a surge in the tourism sector after the pandemic and this growing passenger count is a significant driver. Airlines are expanding their fleets in this region, which is leading to the growth in demand for aircraft computers. This region encompasses rising economies, growing middle-class population, and increased connectivity between cities. Border disputes and increased defense budgets in this region have also led to a high demand for state-of-the art aircraft computers for the defense aircraft.
Aircraft Computers Market By Region
- Largest
- Fastest
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Aircraft Computers Market Dynamics
Drivers
Increased air passenger traffic
- Lifting of the lockdown after pandemic in various parts of the world has resulted in a huge number of people again travelling to different places. Tourism has opened, and most tourist places are being flocked to by people who couldn’t travel due to COVID-19. Launching of more fleet has become a necessity for aircraft carriers. This has been a major driver in the immense growth of the aircraft computers market. Also, as the cities are developing, especially in the developing countries, the need for interconnectivity between their cities is increasing. This has resulted in the governments encouraging airlines to introduce more flights to already existing ones or create new flight routes.
Modernization & Aircraft Development
- Both civil and military aircraft are globally investing in modernization of their existing fleets. This upgradation is necessary to enhance the overall performance, efficiency, and safety of the flights. Growing environmental concerns, and government regulations are also pushing aircraft to become more fuel efficient. Demand for low-cost carriers is also on the rise. Moreover, the launching of next-generation advanced aircraft leads to the need for advanced computer systems. Along with this, evolving regulatory and safety standards all over the world often require upgrading the existing systems. This also drives the continuous growth of the market.
Military and Para Military Investments
- The growing need for aircrafts for military services is one of the main factors driving the Aircraft Computers market. Especially after the recent Russia-Ukraine war crisis, every country is currently concentrating on strengthening their air and naval bases. Territorial disputes are also on the rise in many regions of the world. Hence, military forces worldwide are investing in modernization of their fleet, to have an edge over their enemies, in case of any ware like situation.
Restraints
Stringent Regulations
- Safety is of the utmost importance in the Aerospace Industry. Compliance with the strict regulations and standards is therefore a significant challenge. The development costs and product launch time are two main pain points when it comes to the production of the aircraft computers. Environmental regulations are also on the rise, where aircrafts must invest more for becoming fuel-efficient.
Production Costs & Uncertainties
- Aircraft computer systems require huge developmental costs which include costs for research, development, testing and innovation. Smaller aircraft companies often face challenges in this market, when they must provide safe and efficient aircraft for passengers at low costs. Economic crises happening in the recent past like COVID-19, Russia-Ukraine war have impacted the global aircraft industry negatively. There have been disruptions in the supply chain, leading to hampering the production of these computer systems.
Cybersecurity Risks
- Like all computers, aircraft computers are also at a security risk. It is much more crucial for aircraft computer systems to remain protected, as they are responsible for the flight and engine controls. Potential cybersecurity threats are on the rise, and protecting aircraft computers is a continuous challenge. It requires ongoing research and investments for its protection.
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Aircraft Computers Market Competitive Landscape
There are several key players in the global aircraft computers market and each of them specializes in different types of aircraft systems. These players compete based on innovation, technology, and overall system integration capabilities. This market is continuously driven by research and development efforts aimed at advancement in technology, better safety, and more efficiency. The market players are increasingly focusing on new product launches, agreements, contracts, collaborations, partnerships, and acquisitions to expand their market presence and gain a competitive edge. These key players are also heavily investing in technological advancements and government regulatory approvals to ensure safety and efficacy of the aircraft systems.
Top Player’s Company Profile
- Boeing (US)
- Honeywell International Inc. (US)
- Curtiss Wright Corporation (US)
- Transdigm Group Inc.
- Safran
- Thales Group (France)
- BAE Systems (UK)
- Saab AB
- Raytheon Technologies Corporation (US)
- Collins Aerospace (US)
- Cobham Limited (UK)
- Bombardier Inc. (Canada)
- GE Aviation (US)
- Kontron S&T AG (Germany)
- General Dynamics Mission Systems, Inc. (US)
- Garmin Limited (US)
- Esterline Technologies (US)
Recent Developments
- In January 2024, Dassault Aviation will provide 42 Rafale combat aircraft to the French Air and Space Force (AAE) under a new contract, the company announced in a statement.
- In January, 2024, NASA and its design partners, Collins Aerospace officially rolled out the X-59 quiet supersonic research aircraft which aims to make sonic booms quieter, one of the major challenges to supersonic flight over land.
- As of December 2023, United Kingdom is reportedly utilizing state-of-the-art technology, including Artificial Intelligence, to bolster the advancement of its next-generation fighter aircraft, Tempest.
Aircraft Computers Key Market Trends
- Surge in Drone flight controller systems: Global rise in air passenger traffic and increase in aircraft production has fueled the need for drone flight controllers. Drones being increasingly adopted by various industries, supportive government regulations on drone operations and technological advancements in flight control systems are all helping in its growth. Autonomous drones are being increasingly used. Betterment of technologies like the electric propulsion systems is also a major contributing factor.
- Quantum Technologies: Quantum Computing is a cutting-edge field that harnesses the power of quantum mechanics for increased performance optimization, navigation accuracy, etc. Aircraft computers have complex computational needs, and more and more of them today are actively using advanced computing solutions in these areas. Quantum computing, along with traditional high-performance computing (HPC) solutions, can help us to solve key computationally intensive tasks. NASA’s QuAIL (Quantum Artificial Intelligence Laboratory) team is currently aiming to establish the ability of quantum computing and quantum algorithms in addressing difficult optimization and machine learning problems in NASA’s aeronautics, Earth and space sciences, and space exploration missions.
Aircraft Computers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global Aircraft Computers market analysis, there are several factors like rising air passenger traffic, increasing military investments, etc. which shape the path of Aircraft Computers market. The global market is poised for dynamic growth due to these reasons. Since every aircraft requires basic flight control and engine control devices, they remain to be the major segment type in aircraft computers. Flight management systems, which take care of the complete and overall working of an aircraft, is a rapidly growing market. Fixed wing aircraft make up the major share of aircraft globally today, whereas drones are becoming extremely popular for applications ranging from agriculture to entertainment and defense. Both OEM and the aftermarket of aircraft computers are equally important, and both dominate in specific point at the lifecycle of an aircraft computer. North America remains the largest market, whereas Asia-Pacific region is the rapidly growing one. The landscape of this market shows a very close competition between leading players like Boeing, Honeywell Corporation Inc., Curtiss Wright Corporation and Raytheon Technologies, each of them having carved out a niche for themselves and each excelling in them. One significant trend that is shaping the future of the aircraft computers market is the use of drone flight controllers. As the industry goes through these complexities, the stakeholders are faced with a unique situation where they need to take strategic decisions to properly exploit the results after considering all possible factors that drive the aircraft computers market.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 6.1 Billion |
| Market size value in 2031 | USD 9.5 Billion |
| Growth Rate | 5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Aircraft Computers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Aircraft Computers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Aircraft Computers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aircraft Computers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aircraft Computers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Aircraft Computers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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