The global aircraft sensors market was valued at USD 2.23 billion in 2019 and is projected to reach USD 12.97 billion by 2032, growing at a strong CAGR of 14.50% during the forecast period. North America dominated the market in 2019, accounting for 39.91% of the global share.
The market is witnessing robust growth, driven by increasing air traffic, rising demand for next-generation aircraft, and rapid advancements in sensor technology. Aircraft sensors are essential for ensuring flight safety, real-time performance monitoring, and enhanced operational efficiency. With the aviation sector embracing smart technologies and digitalization, the demand for high-performance and reliable sensors is expected to rise significantly in the coming years.
This report explores the key players, market segmentation, growth drivers, regional outlook, industry trends, and a comprehensive analysis of the aircraft sensors market landscape.
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The aircraft sensors market is highly competitive, with a diverse range of companies contributing to innovations and developments in sensor technology. Some of the major players in the market include:
· Honeywell International, Inc. (The U.S.)
· Ametek, Inc. (The U.S.)
· General Electric Company (The U.S.)
· Meggitt PLC (The U.K.)
· Safran S.A. (France)
· Woodward Inc. (The U.S.)
· Thales Group (France)
· Zodiac Aerospace (France)
· Curtiss-Wright Corporation (The U.S.)
· Schneider Electric SE (France)
· General Atomics Corporation (The U.S.)