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Air Data Systems Market Overview
As per recent research by MarkNtel Advisors, the Global Air Data Systems Market was valued at around USD 1.2 billion during 2022 and is estimated to grow at a CAGR of about 6.5% during the forecast period, i.e., 2024-30.
Air Data Systems Market Dynamics
Market Drivers : Expanding Aerospace Industry & Growing Adoption of UAVs to Fuel the Market Growth –
The increasing aviation industry accounts for instigating investments by the prime players, thus boosting the demand for air data systems and contributing to propelling the overall air data system market. The surge in a wide variety of aircraft for commercial use with advanced technology & high capacity supports the market size. Furthermore, government agencies in several countries are also investing in the aviation industry & encouraging the implementation of different purposes around the globe. In unmanned aerial vehicles (UAVs), the air data systems allow operators to improve & manage the fleet in the air.
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Air Data Systems Market Segmentation Overview 2024-2030: Key Factors
By Components
-Electronic Unit
-Sensors
-Probes
By Aircraft Type
-Narrow Body Aircraft
-Wide Body Aircraft
-Very Large Aircraft
-Regional Transport Aircraft
-Business Jet
-Fighter Aircraft
-Military Transport Aircraft
-Rotary Wing Aircraft
-Unmanned Aerial Vehicle (UAV)
By End User
-Civil
-Military
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Air Data Systems Market Geographical Insights:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Key Players and Competitive Strategies in the Air Data Systems Market
Several prominent players dominate the Air Data Systems Market, including:
- Aeroprobe Corporation
- Shadin Avionics
- Meggitt PLC
- Thommen Aircraft Equipment
- United Technologies Corporation
- Honeywell International Inc.
- Rockwell Collins, Inc.
- Ametek Inc.
- Others
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Questions Addressed in this Study
1.How big is the Air Data Systems Market Size?
2.What is the Air Data Systems Market Growth?
3.Who are the key players of the Air Data Systems Market?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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