[ad_1]
New York, August 25, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Aircraft Computer Market Analysis & Trends – Industry Forecast to 2028” – https://www.reportlinker.com/p06127680/? Utm_source = GNW
9% over the period 2020 – 2028.
Some of the major trends seen in the market include advancements in IOT compatible jet engines, growing demand for aircraft computers in unmanned aerial vehicles, and increasing modernization activities in the general aviation industry.
Global On-Board Computer Market: Market Dynamics
An airplane has many systems that must be controlled by computers to confirm that the systems are functioning properly and do not fail during flight. Computers on an aircraft are used for flight management, engine control, flight control, utility control and other purposes. Aeronautical computer applications are multiplying in an airplane to guarantee the safety of passengers and reduce the workload of the pilot. The increase in the number of aircraft deliveries is also expected to propel the aircraft computer market.
For example, in February 2020, the budget was approved by the US government for defense and national security. The focus is on four main areas, including increasing alliances and attracting new partners, improving military readiness and investing in departmental reforms for better performance, modernization of a more lethal force and the support of service members of individuals.
On the other hand, strict regulations in the aviation industries and existing delays in the delivery of planes hamper profit limits. In addition, the modernization of the existing aircraft fleet and the development of advanced aircraft computers will further stimulate the aircraft computer market.
Impact of COVID-19 on the on-board computer
The COVID-19 outbreak has negatively impacted the On-Board Computer market. Due to the COVID-19 condition, the rate of manufacturing of industries across the world has been hampered due to declared closures and government restrictions on public gatherings. Demand for aircraft computers is affected due to the cancellation of a large number of flights around the world to curb the transmission of the virus. Travel constraints may lead to the termination of the aircraft order in the near future, which may disrupt aircraft manufacturing companies and therefore aircraft computers. The demand for spare parts is also declining as there are no requirements as many airlines have closed due to the COVID-19 pandemic.
By platform
Fixed-wing aircraft segment dominates the market in 2020
The fixed wing aircraft segment achieved huge revenue in 2020 and gained prominence during the forecast period, due to the increasing demand for commercial and military fixed wing aircraft. The commercial fixed-wing aircraft market is expected to experience an upsurge due to the increase in passenger air traffic.
By geography
The North America region is the world market leader
North America is expected to have huge demand during the forecast period. The growth is evidenced by the existence of the major manufacturers of aircraft components in the United States. Global market players with headquarters in Northrop Grumman, United Technologies, USA, Curtiss and Wright Rockwell Collins. An important goal of government and defense organizations to transform and upgrade their current military aircraft and integrate them with modern technologies is to let the country spend heavily on vertical defense, which drives the market.
The list of major profiled players in the market includes:
• Bae Systems Plc
• Boeing
• Cobham Limited
• Collins Aerospace
• Curtiss-Wright Company
• Esterline Technologies
• Garmin Ltd.
• Ge Aviation (Société Générale Électrique)
• General Dynamics, Inc. mission systems.
• Honeywell International Inc.
• Kontron Sandt AG
• Saab Ab
• Safran Sa
• Thales Sa
The list of profiled regions / countries in the market includes:
North America
• WE
• Canada
• Mexico
Europe
• Germany
• UK
• Italy
• France
• Spain
• The rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia-Pacific
Middle East
• Saudi Arabia
• United Arab Emirates
• Rest of the Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the world (RoW)
• South Africa
• Others
Read the full report: https://www.reportlinker.com/p06127680/?utm_source=GNW
About Reportlinker
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
__________________________
Source link
