Analysis of aerial data systems market opportunities and industry forecast from 2021 to 2027. The global market segmented by component, aircraft type, end user and geography.
PORTLAND, ORAGON, USA, Oct 6, 2021 /EINPresswire.com/ – Air Data Systems Market Outlook – 2027
Aerodynamic Data Systems is the advanced integrated solution that provides critical information on aerodynamic data that can hamper or damage aircraft systems. This vital data is collected via flight instruments by the crew to help the crew monitor and manage the performance of the aircraft. Aerodynamic data systems are primarily an aircraft computer system that helps determine speed, instantaneous change in speed, altitude, and the like. This is done by collecting atmospheric pressure, temperature, and other data. Major systems include static pitot probes, angle of attack (AOA), stall protection systems, external air temperature sensors, and global air temperature sensors. Aerodynamic data systems help the pilot of the aircraft to make precise and efficient landings.
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Major players analyzed in the report include Ametek, Aeroprobe, Astronautics, Curtiss-Wright, Financial Highlights, Honeywell International, Meggitt PLC, Rockwell Collins, Shadin Avionics, and Thommen Aircraft Equipment.
COVID-19 scenario analysis:
Tech companies are putting more emphasis on high-demand innovations and finding new ways to support their consumers, even as the COVID-19 crisis poses challenges across all industries and drives down investment in high tech .
Without an overview of the replacement strategy, major aircraft manufacturers, including Boeing and Airbus, see no room for new orders. Instead, they are now satisfied with requests to revoke outstanding unfulfilled orders. This negatively affects the sale of aerodynamic data systems.
Despite the demand, after the pandemic, 95% of commercial planes remained on the ground. Instead, they’re looking for more money in terms of extended maintenance and parking fees, in addition to fixed costs. Under these conditions, equipment manufacturers prefer to reduce investments in R&D because of the cash flow crisis.
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Main impact factors: analysis of market scenarios, trends, drivers and impact analysis
The demand for reliable and accurate flight data and the upgrading of existing aircraft with the latest technology would fuel the growth of the market to avoid the difficulties associated with the growth of air traffic. Several military forces are also conducting aircraft modernization activities, including upgrading or repairing their existing data systems, leading to a better understanding of aircraft in flight. Real-time data transmission requires the use of the Internet of Things and other programming languages, which can relay the captured data obtained by ground recorders while the aircraft is in flight. This has led to technological advancements in the areas of the use of the Internet of Things and artificial intelligence that could be incorporated into such devices. But the long lifecycle and high costs associated with new technologies are hampering the expansion of the market for aircraft flight control system aerodynamic data systems. It increases the price of finished products; this to some extent compromises the growth in demand for air data systems.
The global aerial data systems market trends are as follows:
Launch of new products to grow the market
In 2020, Lockheed Martin’s P-3 Orion Long Range Tracker (LTR) and Airborne Early Warning (AEW) aircraft, Astronautics Corporations completed a modernization program with its integrated Badger flight display system for US Customs and Border. Preservation (CBP) Department.
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Additionally, in 2020 Curtiss-Wright released two analog-to-digital conversion (ADC) modules for use with RTD sensors to reliably monitor engine temperature and other critical components. In addition, Curtiss-Wright also showcased the next generation of lightweight flight data recorder small fortress at Singapore Airshow 2020, incorporating cockpit voice recorder, flight data recorder, data link recorder and an airborne image recorder in a single unit.
Growing demand for drones, technological advancements for real-time data and the use of integrated systems
Increasing technological advancements in cud computing, AI, and real-time surveillance are major factors driving the growth of the air data systems market. The increased adoption of UAVs in civil and commercial applications, the increased deployment of UAVs in border patrols and counterterrorism, and Federal Aviation Administration (FAA) regulations allowing the use of UAVs in several sectors are key market drivers. Manufacturers of commercial aerodynamic data systems are continually updating their products to meet the needs of their customers with the latest technology. They include many subsystems including integrated modular avionics, full duplex switching Ethernet, surveillance systems, cockpit systems, flight controls, navigation systems, air data systems , communication systems and central maintenance systems.
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Main advantages of the report:
This study presents the analytical description of the global Aerial Data Systems industry along with current trends and future estimates to determine impending pockets of investment.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global market share.
The current Air Data Systems market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario of the global market.
Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the marketplace.
The report provides a detailed analysis of the global market based on the intensity of competition and how the competition will take shape in the coming years.
Questions Answered in the Aerial Data Systems Market Research Report:
Who are the major market players active in the Air Data Systems market?
What are the current trends that will influence the market in the coming years?
What are the driving factors, constraints and opportunities in the market?
What are the projections for the future that could help take further strategic action?
Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global businesses as well as medium and small businesses with unmatched quality of “market research reports” and “business intelligence solutions”. AMR has a focused vision to provide business information and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.
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