Increasing Use of Electronics in Aircraft Systems Drives Growth of Aircraft Switches Market


Posted June 6, 2019 by akshata1988

Aircraft Switches Market by End-User (OEM, Aftermarket), Application (Cockpit, Cabin, Engine & APU, Aircraft Systems, Avionics), Type (Manual, Automatic),Region - Global Forecast to 2025

 
Global NEWS: The aircraft switches market is projected to grow from USD 2.2 billion in 2019 to USD 2.6 billion by 2025, at a CAGR of 3.2%

[161 Pages Reports] The aircraft switches market is projected to grow from USD 2.2 billion in 2019 to USD 2.6 billion by 2025, at a CAGR of 3.2% during the forecast period. The growing demand for in-flight entertainment & connectivity (IFEC) is a major factor driving the growth of the aircraft switches market. This demand has led to new and improved IFEC upgrades across many airline fleets. These upgrades involve new systems that are more interactive and contain manual electromechanical switches, as well as touchscreen interfaces. These factors are expected to drive the growth of the aircraft switches market.

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By platform, the rotary wing segment is expected to be the largest contributor to the aircraft switches market during the forecast period.

By application, the cabin segment is projected to lead the aircraft switches market during the forecast period.
North America is projected to lead the market for aircraft switches during the forecast period.
Key Market Players

Major vendors in the aircraft switches market include Safran (France), Curtiss-Wright (US), Esterline Technologies (US), Honeywell (US), Meggitt (UK), and United Technologies Corporation (Collins Aerospace) (US). Honeywell, which specializes in aircraft switches, has developed a limit, toggle, push-button switches for commercial and military aircraft.

United Technologies Corporation (Collins Aerospace) is among the world’s top three suppliers and manufacturers of aerospace switches systems. The company has been working intensively in this field for more than 60 years. Thales provides major innovative aerospace switches solutions to commercial and military aircraft, including the Boeing 787 Dreamliner, Airbus A380, Airbus A350 XWB, and Airbus Military’s A400M military transport.

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Categories Aerospace , Business , Defense
Last Updated June 6, 2019