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Global Commercial Aircraft Interface Device Market 2019-2023| Advent of Paperless Cockpits to Boost Demand | Technavio

January 7, 2019

LONDON--(BUSINESS WIRE)--Jan 7, 2019--The global commercial aircraft interface device (AID) market is expected to post a CAGR of close to 13% during the period 2019-2023, according to the latest market research report by .

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Technavio has published a new market research report on the global commercial aircraft interface device market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the global commercial aircraft interface device market is the accelerating demand for procuring new aircraft units. Several major aircraft OEMs are focused on developing new-generation aircraft models that can reduce operational costs of airlines by significant margins. These new-generation aircraft models can generate up to 10 times more performance data which requires the use of AlDs for effective utilization of the data collected from a single aircraft unit, to initiate actionable insights regarding operations and fleet management. Hence, the increasing orders for the new generation of fuel-efficient aircraft units will remain a major driver for the global commercial AID market during the forecast period.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the advent of paperless cockpits as one of the key emerging trends in the global commercial aircraft interface device market:

Global commercial aircraft interface device market: Advent of paperless cockpits

According to the Federal Acquisition Regulation (FAR) Part 91.503, the pilot in command of a plane is mandated to ensure that some mandatory aeronautical charts and data sets are accessible during each flight at the pilot station of the airplane in an appropriate form. EFBs have evolved into powerful tools to ensure the availability of accurate, timely, and critical information inside the cockpit by automating the entire paper chain, ranging from OEMs to local aircraft repair administration. The evolution of EFBs has resulted in high demand for AlDs. This will boost the growth of the global commercial aircraft interface devices market during the forecast period.

“Apart from the accelerating demand for procuring new aircraft units, factors such as the preference for onboard connectivity solutions, and the augmented scope of application in aircraft maintenance and operations is expected to fuel the growth of the global commercial aircraft interface device market during the forecast period,” says a senior analyst at Technavio for research on commercial aviation.

Global commercial aircraft interface device market: Segmentation analysis

This market research report segments the global commercial aircraft interface device market by application (narrow-body, wide-body, and regional jet), by aircraft fitment (retrofit, and linefit) and geographical regions (APAC, EMEA, and the Americas).

The Americas region led the market in 2018, followed by EMEA and APAC respectively. The Americas region will continue to dominate the market with the highest incremental growth during the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190107005590/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT AIR MANUFACTURING AEROSPACE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/07/2019 10:25 AM/DISC: 01/07/2019 10:25 AM

http://www.businesswire.com/news/home/20190107005590/en

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