Aircraft Sensors Market Analysis

Aircraft Sensors Market Overview

Aircraft Sensors Market Size was valued at USD 1.5billion in 2022. The Aircraft Sensors market industry is projected to grow from USD1.6851 Billion in 2024 to USD 3.3871 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.34% during the forecast period (2024 - 2032). Increasing demand for new aircraft ly, growing demand for UAV sensors, and Rising investment of aircraft OEMs in connected aircraftare the key market drivers enhancing the market growth.

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Aircraft Sensors Market Trends

• Increased usage of the temperature sensoris driving the market growth

Temperature sensors are an integral part of an aircraft. They are incorporated in various aircraft parts, such as cabins, brakes, air ducts, inter-stage turbines, and hydraulic lines. The manufacturers have to comply with the industry standards and regulations to commercialize. For instance, in July 2018, Airbus introduced the whale-faced aircraft named BelugaXL. It is a next-generation aircraft with substantial capacity, which requires several sensors, primarily temperature sensors, to regulate the optimum required temperature in the cabin and the cargo space. With its high ability to transport large amounts of cargo, this aircraft created a huge demand for sensors to monitor various parameters in flight or on the ground. The Boeing Company's Dream lifter is another major cargo carrier that significantly drove the demand for sensors to be used worldwide. Also, with increased air passenger traffic, aircraft OEMs are expanding their manufacturing capabilities to meet end-users demand for new aircraft. As a result, the need for temperature sensors to be used in aircraft, especially commercial aircraft, will grow significantly due to the enhanced need to ensure air passenger safety and comfort, which is expected to propel the Market CAGR.

Additionally, the rise in demand for the expansion of aircraft fleets across the globe increase in the financial condition of the middle classes in developing countries is the reason for the RiseRise in air passenger traffic. According to the International Civil Aviation Organization (ICAO), by 2035, passenger traffic and freight volume should double. Factors such as growth in the disposable income of the middle-class population and the emergence of low-cost airlines have increased the number of airline passengers. Major countries such as Canada, the U.S., Brazil, Indonesia, the Philippines, China, Saudi Arabia, and India witnessed a rise in the number of air passengers. For instance, according to the Bureau of transportation, in October 2021, U.S. Airlines' passengers increased by 119% from October 2020. According to International Air Transport Association (IATA), passenger numbers could double to 8.2 billion in 2037 at a 3.5% compound annual growth rate (CAGR). As stated by Oliver Wyman, there were 27,492 aircraft across the globe, and it is anticipated to rise by 11,600 aircraft in the next ten years. Therefore, an increase in aviation passenger traffic & RiseRise in demand for the expansion of aircraft fleets indirectly is expected to boost the aircraft sensors market revenue during the forecast period.

Aircraft Sensors Market Segment Insights

The  aircraft sensors market segmentation, based on type, includes pressure sensors, force sensors, temperature sensors, speed sensors, torque sensors, position & displacement sensors, level sensors, flow sensors, proximity sensors, gyroscopes,  positioning system (GPS) sensors, radar sensors, pitot probes, angle-of-attack (AOA) sensors, smoke detection sensors, altimeter sensors, oxygen sensors, accelerometers. The proximity sensors segment dominated the market as they detect changes in capacitance between the sensor and an object. A proximity sensor is a position sensor commonly used to detect the presence of an object without physical contact. They are the most popular and cost-effective solutions for non-contact object detection. Proximity sensors emit electromagnetic radiation and detect changes in the return signal field. That is, it converts the movement and presence of objects into electrical signals. Proximity sensors can be incorporated into various aircraft systems, such as thrust reverser actuation systems, flight controls, aircraft doors, cargo loading systems, escape slide locks, and landing gear propelling demand in the aircraft sector.

For Instance, July 2022 TT Electronics collaborated with Honeywell Aerospace to develop next-generation inertial navigation units for aerospace and military applications for the purpose of navigation & flight control operations.

For Instance, 2021 Airbus SE announced the integration of Collins Aerospace's next-generation sensors to enhance commercial and military aircraft visibility while improving on another critical operational fuel efficiency parameter.

Based on connectivity, the  aircraft sensors market segmentation includes wired sensors and wireless sensors. The wired sensors segment dominated the market. The wired sensors have low maintenance costs and high-reliability features, accelerating the segment's growth. The wireless segment is noticed to be significant growth due to its various applications. Wireless connectivity is expected to grow fastest over the forecast as it finds various applications for both safety-critical and non-safety-critical distributed systems.

Some potential benefits of using wireless connectivity for aircraft systems include weight reduction, ease of maintenance, and increased monitoring capability. WSN-based engine health monitoring and aircraft structural health monitoring enable the development of safety-critical systems such as WSN-based distributed engine control and fly-by wireless aircraft flight control systems.

Based on end-use, the  Aircraft Sensors market data includes OEM, Aftermarket. The OEM segment dominated the market due to the increasing demand for aircraft types worldwide and the rising air traffic. Additionally, this segment plays a crucial role in commercial aircraft, military aircraft, and business jet manufacturers.

Figure 1:  Aircraft Sensors Market, by End-Use, 2022 & 2030 (USD billion)

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American aircraft sensors market area will dominate this market. Rising investment of aircraft OEMs in connected aircraft will boost the market growth in this Region.

Further, the major countries studiedin the market reportare The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2 :  AIRCRAFT SENSOR SMAR KET SHARE BY REGION 2022 (%)

Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe aircraft sensors market accounts for the second-largest market share due to the increasing demand for new aircraft across the globe growing demand for sensors in UAVs. Further, the German aircraft sensors market held the largest market share, and the UK aircraft sensors market was the fastest-growing market in the European Region.

The Asia-Pacific aircraft sensors market is expected to grow at the fastest CAGR from 2023 to 2030. This is because air traffic is also increasing in these countries, contributing to the increasing size of the fleet in the Region. The increased fleet size will also contribute to aftermarket services in the Region. Moreover, China’s aircraft sensors market held the largest market share, and the Indian aircraft sensors market was the fastest-growing market in the Asia-Pacific region.

Aircraft Sensors Key Market Players& Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the aircraft sensors market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The aircraft sensors industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer’s uses in the aircraft sensors industry to benefit clients and increase the market sector. In recent years, the aircraft sensors industry has offered the military some of the most significant advantages. Major players in the aircraft sensors market, including Honeywell International Inc. (US), TE Connectivity (Switzerland), United Technologies Corporation (US), Safran (France) Inc. (US), Meggitt PLC (UK), Curtiss-Wright Corporation (US),Esterline Technologies Corporation (US), Thales Group (France), Raytheon Company (US) General Electric (US), Eaton Corporation (Ireland), Crane Aerospace & Electronics (US), Stellar Technology (US), Custom Control Sensors LLC (US) and others, are attempting to increase market demand by investing in research and development operations.

AMETEK, Inc. is a leading provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of over $6.0 billion. AMETEK has over 18,500 colleagues at over 150 operating locations in 30 countries worldwide. AMETEK consists of two operating groups, both with highly differentiated technology and leading positions in niche markets - Electronic Instruments - a worldwide leader in the design and manufacture of advanced analytical, test, and measurement instrumentation for the energy, aerospace, power, research, medical and industrial markets. - Electromechanical - a differentiated supplier of automation and precision motion control solutions and highly engineered electrical interconnects, specialty metals, and thermal management systems. AMETEK, Inc. announced the acquisition of Navitar, Inc. and RTDS Technologies, Inc. combined for approximately US$ 430 million. New York-based Navitar provides advanced optical components and solutions, including fully integrated optical imaging systems, cameras, components, and software. RTDS is headquartered in Canada and provides real-time power simulation systems.

Parker Meggitt is a British international company specializing in components and sub-systems for the aerospace, defense, and selected energy markets. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until Parker Hannifin acquired it in September 2022. Meggitt PLC launched iPRESS, a long-range wireless tire pressure gauge for aviation. The product is anticipated to be made available in a range of Cessna and Beechcraft products produced by Textron Aviation. The product delivers an enhanced user experience while verifying inflation pressure by using Meggitt’s breakthrough Wireless Tire Pressure Sensor (WTPS) and a tire pressure status feature integrated into the Textron Aviation Service application.

Key Companies in the aircraft sensorsmarket include

• Honeywell International Inc. (US)


• TE Connectivity (Switzerland)


• United Technologies Corporation (US)


• Safran (France) Inc. (US)


• Meggitt PLC (UK)


• Curtiss-Wright Corporation (US)


• Esterline Technologies Corporation (US)


• Thales Group (France)


• Raytheon Company (US) General Electric (US)


• Eaton Corporation (Ireland)


• Crane Aerospace & Electronics (US)


• Stellar Technology (US)


• Custom Control Sensors LLC (US)


• Brunswick Corporation

Aircraft Sensors Industry Developments

For Instance, February 2023 Northrop Grumman Corporation began integrating and testing the new ultra-wideband Electronically Scanned Multifunction Reconfigurable Integrated Sensor (EMRIS) to enable military forces "to accelerate decision timelines and act collectively. The EMRIS architecture is easily scaled and reconfigurable, including various mounting configurations, for wide applicability across platforms and domains, including aircraft.

For Instance, January 2021 Honeywell International Inc. announced receiving funding from the United States Defense Advanced Research Projects Agency (DARPA) to create the next generation of inertial sensor technology for commercial and defense navigation applications.

Aircraft Sensors Market Segmentation

Aircraft Sensors Type Outlook

• Pressure Sensors


• Force Sensors


• Temperature Sensors


• Speed Sensors


• Torque Sensors


• Position & Displacement Sensors


• Level Sensors


• Flow Sensors


• Proximity Sensors


• Gyroscopes


• Positioning System (GPS) Sensors


• Radar Sensors


• Pitot Probes


• Angle-Of-Attack (AOA) Sensors


• Smoke Detection Sensors


• Altimeter Sensors


• Oxygen Sensors


• Accelerometers

Aircraft Sensors Connectivity Outlook

• Wired Sensors


• Wireless Sensors

Aircraft Sensors End-Use Outlook

• OEM


• Aftermarket

Aircraft Sensors Regional Outlook

• North America


• 
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America