Overview: Aircraft Interface Device Market
Aircraft interface device (AID) is a hardware that works as an interface to bridge the gap between an aircraft and electronic flight bag (EFB). The value of the system grows as it is a necessary component for the smart cockpit technology. The global aircraft interface device market is expected to gain with 10% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) in their recent report on the global aircraft interface device market hints at several factors that can take the global market ahead by quite a few miles.
The aircraft interface device market can get inspired by several factors such as the increase in both military and commercial flight production, high expenditure in defense, and integration of advanced technology. However, backlog in delivery and cyber-attacks can deter the market from achieving the expected growth rate during the forecast period. But the demand for enhanced fuel efficiency and modernization programs can steer out the market from any kind of long-term sluggishness.
The global aircraft interface device market has been segmented based on aircraft type, connectivity, end-user, fit and region.
Based on connectivity, the aircraft interface device market is divided into wired and wireless. The wireless aircraft interface device segment is estimated to witness the highest CAGR as these devices are portable and are more preferred over wired devices. Installing and setting up is also comparatively simpler. Furthermore, wireless devices also eliminate aspects such as monitoring wire defects and loose interconnections.
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Competitive Landscape: Aircraft Interface Device Market
Several companies are investing in the global aircraft interface device market and their tactical moves are ensuring better expansion prospects. These companies, as profiled by MRFR, are Avionica, Inc. (US), Astronics Corporation (US), Collins Aerospace (a part of United Technology Corporation (US)), AvioVision (a part of Thales SA (France)), Shadin Avionics (US), Honeywell International Inc. (US), Esterline Technologies Corporation (US), SCI Technology, Inc. (a part of Sanmina Corporation (US)), navAero (a part of Global Eagle Entertainment Inc. (US)), and Teledyne Technologies, Inc. (US).
Segmentation: Aircraft Interface Device Market
The global aircraft interface device market can be segmented by connectivity, aircraft type, fit, and end-user. As per the MRFR report, volume-wise and value-wise data are expected to backup the study of the market substantially.
By connectivity, the aircraft interface market can be segmented into wired and wireless. The wireless segment is gaining substantial speed and outrun the wired segment by considerable margin during the forecast period.
By aircraft type, the aircraft interface market comprises fixed-wing and rotary-wing. The fixed-wing segment has the maximum market value as the production of narrow and wide body aircraft has grown due to the rise in the number of air travelers.
By end-user, the aircraft interface market consists civil and military. The civil segment has the maximum market valuation due to increase in the airlines and aircraft operators. However, the military segment is also gaining much traction due to the growth in defense expenditures.
By fit, the aircraft interface market can be segmented into line-fit and retrofit. The retrofit segment has substantial market reach and is expected to witness the higher CAGR in the domain during the forecast period.
Regional Analysis: Aircraft Interface Device Market
North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW) are regions that have been taken into account by MRFR while considering the market prospects from a regional perspective. North America, has the maximum market share in the global region and it is due to the high defense expenditure by countries like Canada and the U.S. At the same time, the region is also witnessing hike in private investments. Technological advancement and trend of adopting those at the earliest to stay ahead in the market are factors boosting the regional market considerably. The APAC, on the other hand, is the fastest growing region owing to the contribution both in military and civic segment by countries like China, India, Malaysia, Thailand, Singapore, and others.
In 2019 Collins Aerospace revealed that they are planning on using the many pilot electronic flight bag (EFB) applications. This, with necessary aircraft interface device, can ease the process of routing traffic through cabin for better segmentation of the virtual network.
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