Europe Aviation Headsets Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (On-Board Headsets, and Ground Support Headsets); Noise Cancellation Type (Active, and Passive), End Use (Commercial Aircraft, Military Aircraft, and General Aviation)
The Europe aviation headsets market is expected to grow from US$ 273.96 million in 2021 to US$ 384.47 million by 2028. It is estimated to grow at a CAGR of 5.0% from 2021 to 2028.
The rising number of light-sport aircraft deliveries due to increased awareness for air sports among youngsters is aiding the deployment of new recreational aircraft models. For instance, the rising fleet of existing LSA (light-sport aircraft) is generating the demand for new pilots and headset accessories region. Moreover, the need for LSA is mainly driven by the rising interest in recreational activities, such as sky diving, which is paving the way for new players to establish business while existing players are expanding their business by setting up new bases and buying new aircraft. Therefore, the growing fleet of light-sport aircraft worldwide is aiding the adoption of aviation headsets regionally.
The Europe aviation headsets market is analyzed on the basis of type, noise cancellation, end-use, and country. Based on type, the Europe Aviation Headsets Market is segmented into onboard headsets and ground support headsets. In 2021, the onboard headsets segment accounted for the largest market share moreover registered the highest CAGR during the forecast period. The growth in these segments is attributed to the rising number of operational aircraft in the aviation industry.
The European aircraft manufacturing giant, Airbus (France-based aircraft manufacturer), foresees faster recovery of the aviation industry and aircraft manufacturing. According to Airbus, the global and European aviation industry is expected to reach pre-COVID levels between 2023 and 2025. In contrast, the European general aviation industry is expected to surpass its pre-COVID levels by 2022. According to the study, Airbus helicopters also witnessed a decline in their deliveries in terms of volume. They reached a volume of 272 units delivered in FY 2020 compared to 300 units in FY 2019. In addition, Airbus is also focusing on planning to adapt its global workforce and resize its commercial aircraft activity in response to the COVID-19 crisis. This has negatively impacted the demand for aviation accessories such as communication systems, aviation headsets, and pilot helmets during 2020.
The Europe aviation headsets market is analyzed into type, noise cancellation, end-use, and country. Based on type, the Europe Aviation Headsets Market is segmented into onboard headsets and ground support headsets. In 2021, the onboard headsets segment accounted for the largest market share moreover registered the highest CAGR during the forecast period. The growth of these segments is attributed to the rise in the number of operational aircraft in the aviation industry.
The overall Europe Aviation Headsets Market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the Europe Aviation Headsets Market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants who typically participate in such a process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in Europe Aviation Headsets Market. Some of the companies' activities that have promoted market growth are mergers and acquisitions and market initiatives. The companies include Lightspeed Aviation, Inc., Sennheiser electronic GmbH & Co. KG, Faro Aviation, David Clark Company, Bose Corporation, SEHT LIMITED, Plantronics, Inc., Robert Bosch GmbH, and GBH Headsets.
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