North America 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 North America aviation headsets market is expected to grow from US$ 404.34 million in 2021 to US$ 500.65 million by 2028. It is estimated to grow at a CAGR of 3.1% 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 worldwide.Moreover, the demand for LSA is mainly driven by the rising interest in recreational activities such as sky diving is paving the way for new players to establish business while the existing players expanding their business by setting up a new base and buying new aircraft. Therefore, the growing fleet of light-sport aircraft worldwide is aiding the adoption of aviation headsets regionally.
The market for North America Aviation Headsets Market is segmented into the type, noise cancellation, end use and country. Based on type, the North America Aviation Headsets Market is segmented into on-board headsets, and ground support headsets. In 2021, the on-board 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 rise in the number of operational aircraft in the aviation industry.
North America comprises a significant volume of commercial aircraft fleet encompassing several independent airlines, aircraft OEMs, aviation headset manufacturers, and airlines with in-house maintenance shops. The civil aviation industry across the region experienced dramatic changes in the first half of 2020. According to the Bureau of Transportation Statistics (BTS), the US, domestic air travel across the US experienced a 97% decrease in passenger revenue between February to April 2020. The Canadian and Mexican aviation industries experience similar trends, which affected civil aviation manufacturers, leading to a decline in demand for commercial aircraft from the region. The supply chain of several aviation headsets was also restricted due to the significantly lower volume of aircraft movement, which limited the aircraft headsets market heavily.
In addition, aircraft manufacturers observed a drop in demand for newer aircraft fleet, cancelation or rescheduling of aircraft orders and delivery, and a labor shortage. Other factors, such as a decline in the number of aviation pilots that hampered their businesses and limited their ability to deliver substantial volumes of new aircraft fleets, also inhibited the aviation industry. The decline in new aircraft delivery highlighted the limited number of aircraft fleets across the region, which reduced the demand for newer aircraft and headsets products among the vendors of this market.
The overall North America 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 North America 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, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America Aviation Headsets Market. Some of the activities undertaken by the companies, which have promoted market growth are mergers and acquisitions, and market initiatives. The companies includes Lightspeed Aviation, Inc., Sennheiser electronic GmbH & Co. KG ,Faro Aviation ,David Clark Company ,Bose Corporation,Pilot Communications USA ,Plantronics, Inc. ,Robert Bosch GmbH ,GBH Headsets.
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