Global Commercial Aircraft Interface Device Market 2019-2023

Global Commercial Aircraft Interface Device Market 2019-2023

  • December 2018 •
  • 132 pages •
  • Report ID: 5242300 •
  • Format: PDF
About this market
Since the advent of commercial aviation, airlines have been focused on deploying operational aircraft units with increased fuel efficient a lower overall operational cost. As revenue can be generated only through active aircraft units in a fleet, grounding of an aircraft for maintenance incurs losses for the airline operators. Hence, it is imperative for operators to carry out schedule maintenance. AIDs and associative display systems help in prior identification of potential problems. Fuel consumption can also be monitored closely as AIDs can help visualize the critical avionics systems data to ensure streamlined operations through effective planning. Therefore, the market to witnessed high growth amind further developments in aircraft health management technologies and increased adoption of predictive maintenance by aircraft operators worldwide. Technavio’s analysts have predicted that the commercial aircraft interface device market will register a CAGR of about 13% by 2023.

Market Overview
Preference for onboard connectivity solutions
The increasing preference of passengers to use their own devices onboard to access entertainment options, which is not limited to media consumptions, but include game and other content consumption is a potential opportunity for airlines to differentiate themselves from the competition by proposing more customized entertainment experiences.
Vulnerability to cyber security threats
The deign of secure AIDs poses a significant challenge for the designers as they are required to connect to all systems on an aircraft and collect data for analysis. Hence the global AID market can be affected by the number of cyber security incidents occurring during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the commercial aircraft interface device market during the 2019-2023, view our report.

Competitive Landscape
The global commercial aircraft interface device market is moderately concentrated and the market being in a growth phase, the competition among companies is intense. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.