Global Aircraft Switches Market 2022-2026

Global Aircraft Switches Market 2022-2026

Technavio has been monitoring the aircraft switches market and it is poised to grow by $ 392.09 mn during 2022-2026, progressing at a CAGR of 3.47% during the forecast period. Our report on the aircraft switches market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the modernization and upgrade of commercial aircraft cabin designs, the increasing number of aircraft, and the rising adoption of fly-by-wire systems in aircraft.

The aircraft switches market analysis includes the end-user segment and geographic landscape.

Technavio's aircraft switches market is segmented as below:

By End-user

• OEM
• Aftermarket

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the rising demand for in-flight entertainment and connectivity (IFEC) as one of the prime reasons driving the aircraft switches market growth during the next few years. Also, growing preference for new-generation aircraft and growing commercial aircraft deliveries will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on aircraft switches market covers the following areas:

• Aircraft switches market sizing
• Aircraft switches market forecast
• Aircraft switches market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aircraft switches market vendors that include AMETEK Inc., Barantec Inc., C and K COMPONENTS LLC, Curtiss Wright Corp., Eaton Corp. Plc, General Electric Co., Honeywell International Inc., Hydra Electric Co., ITT Inc., Parker Hannifin Corp., Raytheon Technologies Corp., Safran SA, TE Connectivity Ltd., and TransDigm Group Inc. Also, the aircraft switches market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

AMETEK Inc., Barantec Inc. , C and K COMPONENTS LLC, Curtiss Wright Corp., Eaton Corp. Plc, General Electric Co., Honeywell International Inc., Hydra Electric Co., ITT Inc., Parker Hannifin Corp., Raytheon Technologies Corp., Safran SA, TE Connectivity Ltd., TransDigm Group Inc.