Aircraft Sensors Market Size, Share, Growth Analysis, By Sensor Type(Pressure Sensors, Temperature Sensors, Force Sensors, Torque Sensors), By Aircraft Type(Fixed-wing (Commercial Aviation (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Transport Aircraft), Business & General Aviation (Business Jets), By Application(Fuel, Hydraulic and Pneumatic Systems, Engine/Propulsion, Cabin & Cargo Environmental Controls), By Connectivity(Wired Sensors, and Wireless Sensors), By End User(OEM, and Aftermarket), By Region - Industry Forecast 2024-2031

Global Aircraft Sensors Market size was valued at around USD 4.5 billion in 2022 and is expected to rise from USD 4.8 billion in 2023 to reach a value of USD 9.1 billion by 2031, at a CAGR of 8.2% over the forecast period (2024–2031).

Factors, including technological innovation, such as downsizing and smart sensors, are vital. They enhance predictive maintenance, real-time data provision, and maintain the best possible aircraft performance. Rising aircraft manufacturing, mainly due to increasing passenger traffic and modernization initiatives in defense, further drives the aircraft sensors market growth. Moreover, expanding military forces' use of UAVs across the world for ISR missions is probable to boost the aircraft sensor market. Apart from that, the increased adoption of UAVs for threat-based missions and growing requirements for the implementation of modern military strategy would further support the development of the market.

In addition, the market would grow further as more UAVs are employed for civic and commercial operations such as engineering, security, real estate, agriculture, and more. Moreover, the increasing air passenger traffic may be due to the improving financial status of the middle classes in emerging countries. According to Oliver Wyman, there are 27,492 aircraft worldwide and it is projected to add 11,600 more over the next 10 years. New aircraft demand will drive the aircraft sensors industry. 

US Aircraft Sensors Market is poised to grow at a sustainable CAGR for the next forecast year.