![Global Aircraft Sensors Market](https://res.cloudinary.com/devmoveo/image/upload/v1691052635/skyquest/gallery/Global-Aircraft-Sensors-Market.jpg)
Report ID: SQMIG20A2207
Report ID:
SQMIG20A2207 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
68 |
Figures:
69
Aircraft Sensors Market size was valued at USD 1.19 billion in 2021 and is poised to grow from USD 1.33 billion in 2022 to USD 3.38 billion by 2030, growing at a CAGR of 12.34% in the forecast period (2023-2030).
The aircraft sensors market is driven by the increasing demand for technologically advanced aircraft, replacing aging fleets, and the adoption of wireless sensors in commercial and military sectors. The aircraft sensors market experiences growth due to several factors. Aircraft Sensors are essential components integrated into aircraft to control, monitor, and aid navigation. They include flight instruments like engine temperature gauges, tachometers, and fuel and oil gauges. Detecting irregularities, these sensors prevent potential disasters. With the introduction of electronic sensors, precise feedback ensures better system control. Utilizing pressure, temperature, proximity, and other types, these sensors find wide applications in various tasks
Additionally, defense funding and the emergence of IoT, AI, and big data analytics contribute to market growth. Advancements in MEMS technology and the use of UAVs in global military operations further fuel the market.
US Aircraft Sensors Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG20A2207