According to Stratistics MRC, Global Aircraft Computer Market is expected to reach $14.18 billion by 2028 growing at a CAGR of 8.1% during the forecast period.
An aircraft computer is an electronic device which is used in aircraft for monitoring and control of several aircraft functions. Various types of aircraft computers are available in the market. These include flight controls, flight management computers, mission computers, engine controls, and utility controls. Use of aircraft computers helps reduce the workload of aircraft pilots. Moreover, it is used every part of the aircraft where it is used to control them in flight as well as to reach their destination. It helps the aircraft to enhance the security of the travellers and diminishing the outstanding burden of the pilot.
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On the basis of geography, Asia Pacific aircraft computers market will witness significant growth over the forecast timeframe due to the rise in requirement of narrow body aircraft for commercial aviation, high air passenger traffic, leading to an increase in the number of aircraft deliveries in this region, and increasing acquisition of defence aircraft by various countries owing to ongoing geopolitical disputes. The introduction of LCC models in commercial aviation has significantly reduced the cost of air travel. Increasing GDP and per capita income of individuals across Asia Pacific are reducing rates of air travel, augmenting the market growth.
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Some of the key players in Aircraft Computer Market include Rockwell Collins, Honeywell International Inc., Safran S.A., The Curtiss-Wright Corporation, Cobham plc, Saab AB, United Technologies Corporation, Esterline Technologies Corporation, BAE Systems PLC, Thales Group, Boeing, Bombardier Inc., Kontron S&T AG, GE Aviation, Garmin Ltd., General Dynamics Mission Systems, Inc., and Raytheon Technologies Corporation.
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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2028 Aircraft Computer Market Strategies and Revenue Growth
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