Research and Markets has announced the addition of the "Air Data Systems Market - Global Forecast to 2021" report to their offering.

The air data systems market is projected to grow from USD 579.7 million in 2016 to USD 762.9 million by 2021, at a CAGR of 5.65% during the forecast period. This growth is mainly attributed to factors such as increase in demand for new aircraft and emergence of new technologies. However, the high cost of air data systems for medium and small UAVs is anticipated to restrain the growth of this market.

By aircraft type, the narrow body segment of the air data systems market is estimated to account for the largest market size in 2016. Increase in demand for regional aircraft is one of the driving factors for narrow body aircraft, globally. According to Boeing's Outlook 2016, the global fleet size of narrow body aircraft is 14,870.

Asia and North America have the largest fleet of narrow body aircraft, with 4,540 and 4,010 aircraft respectively. By the end of 2035, the global fleet size of narrow body aircraft is expected to reach 32,280. The number of narrow body aircraft deliveries from 2016 to 2035 is expected to be 28,140, of which Asia is expected to account for almost 39.65% of the total expected deliveries by 2035.

Based on component, the electronic unit segment is estimated to account for the largest share of 89.8% of the air data systems market in 2016. The electronic unit is a computing electronic device responsible for the crucial job of providing accurate information.

Companies Mentioned:

  • Aeroprobe Corporation
  • Ametek Inc.
  • Astronautics Corporation of America
  • Curtiss-Wright Corporation
  • Honeywell International Inc.
  • Meggitt PLC
  • Rockwell Collins, Inc.
  • Shadin Avionics
  • Thommen Aircraft Equipment
  • United Technologies Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Air Data Systems Market, By End User

8 Air Data Systems Market, By Aircraft Type

9 Air Data Systems Market, By Component

10 Regional Analysis

11 Competitive Landscape

12 Company Profiles

13 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/8spkfz/air_data_systems