Market Overview:
The global aerospace sensor market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for advanced sensors in home appliances and commercial appliances. Additionally, the growing demand for smart homes and smart cities is also contributing to the growth of the global aerospace sensor market. The vibration sensors segment is expected to dominate the global aerospace sensor market during the forecast period owing to its wide application in various industries such as automotive, healthcare, and others.
Product Definition:
An aerospace sensor is a device used to detect and measure physical quantities in the atmosphere or space. Aerospace sensors are important because they provide data that helps scientists understand atmospheric and space conditions.
Vibration Sensors:
Vibration sensors are a new-age technology that has evolved from the need to measure vibrations in machinery and equipment. They have applications in almost all verticals such as automotive, aerospace & defense, consumer electronics, healthcare and industrial manufacturing among others. The growth of the market can be attributed to factors such as increasing demand for advanced sensor technologies with low maintenance costs and high reliability across various industries.
Pressure Sensors:
Pressure sensors are used to measure pressure in liquids and gases. They are also used for monitoring the flow of liquids & gases in industrial applications. The aerospace sensor market is expected to witness significant growth over the forecast period owing to increasing demand from commercial aircraft manufacturers such as Airbus, Boeing, and others.
Increasing use of these sensors in critical areas such as airframe pressure distribution, cabin pressure control system, hydraulic systems monitoring etc.
Application Insights:
The commercial aerospace application segment accounted for the largest revenue share of over 60% in 2017. The segment is expected to witness significant growth on account of increasing air travel and military spending in countries, such as China, India and Japan. In addition, growing defense expenditure by countries such as the U.S., Canada and Australia is likely to propel industry growth over the forecast period.
The home appliances segment accounted for a significant revenue share in 2017 owing to rising demand from end-users regarding advanced technologies integrated into household appliances that sense environmental conditions such as temperature or humidity levels inside a house or apartment with an accuracy level of 1%. Such factors are projected to increase product demand globally over the coming years.
Regional Analysis:
North America dominated the global aerospace sensor market in 2017. The growth can be attributed to the presence of key players such as Honeywell International, Inc.; Emerson Electric Co.; and United Technologies. These companies are engaged in extensive R&D activities for developing advanced sensors that can be integrated with aircraft systems and other products to provide enhanced safety & efficiency. Moreover, increasing demand for passenger traffic is expected to drive product adoption over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid industrialization along with growing emphasis on enhancing aviation infrastructure across emerging economies including China and India. Furthermore, rising disposable income coupled with increased purchasing power of consumers will also boost regional market development during this period from 2018-2030 (forecast).
Growth Factors:
- Increasing demand for aircrafts in the commercial and defense sectors is expected to drive the growth of the aerospace sensor market.
- The increasing adoption of advanced sensors in aircrafts is projected to fuel the growth of this market during the forecast period.
- The growing need for reliable and accurate data from aircraft sensors is anticipated to boost the demand for aerospace sensors over the next few years.
- Rising investments by key players in research and development activities are expected to propelthe growth of this market in future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace Sensor Market Research Report
By Type
Vibration Sensors, Pressure Sensors, Humidity Sensors, Position Sensors, Temperature Sensors, Others
By Application
Home Appliances, Commercial Appliances
By Companies
PCB Piezotronics, Honeywell, Meggitt Sensing Systems, Brüel & Kjær, Kistler Group, TE Connectivity, Dytran Instruments, Ceramtec GmbH, APC International Ltd., RION, Kyowa Electronic Instruments, Piezo Systems, Inc., Metrix Instrument, DJB Instruments, Althen Piezotronics, Metrom Rail, Bosch Global
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace Sensor Market Report Segments:
The global Aerospace Sensor market is segmented on the basis of:
Types
Vibration Sensors, Pressure Sensors, Humidity Sensors, Position Sensors, Temperature Sensors, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Appliances, Commercial Appliances
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PCB Piezotronics
- Honeywell
- Meggitt Sensing Systems
- Brüel & Kjær
- Kistler Group
- TE Connectivity
- Dytran Instruments
- Ceramtec GmbH
- APC International Ltd.
- RION
- Kyowa Electronic Instruments
- Piezo Systems, Inc.
- Metrix Instrument
- DJB Instruments
- Althen Piezotronics
- Metrom Rail
- Bosch Global
Highlights of The Aerospace Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vibration Sensors
- Pressure Sensors
- Humidity Sensors
- Position Sensors
- Temperature Sensors
- Others
- By Application:
- Home Appliances
- Commercial Appliances
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerospace Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aerospace sensor is a type of sensor that is used in aerospace applications. These sensors are designed to detect and measure various aspects of the environment around them. Aerospace sensors can be used for a variety of purposes, including navigation, weather forecasting, and aircraft detection.
Some of the major players in the aerospace sensor market are PCB Piezotronics, Honeywell, Meggitt Sensing Systems, Br¼el & Kj¦r, Kistler Group, TE Connectivity, Dytran Instruments, Ceramtec GmbH, APC International Ltd., RION, Kyowa Electronic Instruments, Piezo Systems, Inc., Metrix Instrument, DJB Instruments, Althen Piezotronics, Metrom Rail, Bosch Global.
The aerospace sensor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerospace Sensor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aerospace Sensor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aerospace Sensor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aerospace Sensor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aerospace Sensor Market Size & Forecast, 2020-2028 4.5.1 Aerospace Sensor Market Size and Y-o-Y Growth 4.5.2 Aerospace Sensor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vibration Sensors
5.2.2 Pressure Sensors
5.2.3 Humidity Sensors
5.2.4 Position Sensors
5.2.5 Temperature Sensors
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Appliances
6.2.2 Commercial Appliances
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerospace Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aerospace Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vibration Sensors
9.6.2 Pressure Sensors
9.6.3 Humidity Sensors
9.6.4 Position Sensors
9.6.5 Temperature Sensors
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Appliances
9.10.2 Commercial Appliances
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vibration Sensors
10.6.2 Pressure Sensors
10.6.3 Humidity Sensors
10.6.4 Position Sensors
10.6.5 Temperature Sensors
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Appliances
10.10.2 Commercial Appliances
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vibration Sensors
11.6.2 Pressure Sensors
11.6.3 Humidity Sensors
11.6.4 Position Sensors
11.6.5 Temperature Sensors
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Appliances
11.10.2 Commercial Appliances
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vibration Sensors
12.6.2 Pressure Sensors
12.6.3 Humidity Sensors
12.6.4 Position Sensors
12.6.5 Temperature Sensors
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Appliances
12.10.2 Commercial Appliances
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vibration Sensors
13.6.2 Pressure Sensors
13.6.3 Humidity Sensors
13.6.4 Position Sensors
13.6.5 Temperature Sensors
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Appliances
13.10.2 Commercial Appliances
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aerospace Sensor Market: Competitive Dashboard
14.2 Global Aerospace Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PCB Piezotronics
14.3.2 Honeywell
14.3.3 Meggitt Sensing Systems
14.3.4 Brüel & Kjær
14.3.5 Kistler Group
14.3.6 TE Connectivity
14.3.7 Dytran Instruments
14.3.8 Ceramtec GmbH
14.3.9 APC International Ltd.
14.3.10 RION
14.3.11 Kyowa Electronic Instruments
14.3.12 Piezo Systems, Inc.
14.3.13 Metrix Instrument
14.3.14 DJB Instruments
14.3.15 Althen Piezotronics
14.3.16 Metrom Rail
14.3.17 Bosch Global