The global aircraft interface device market size was valued at USD 24.78 million in 2022 and is expected to be worth USD 33.34 million in 2023. The market is projected to reach USD 61.50 million by 2030, recording a CAGR of 9.1% during the forecast period.
The demand for efficient and seamless communication between various aircraft components has increased at a notable pace to improve the efficiency and safety of aircraft operations. An Aircraft Interface Device (AID) can be useful in such cases as it enables effective communication between an Electronic Flight Bag (EFB) and an aircraft data bus. AID allows users to get information about an aircraft’s position and speed from its avionics. The growing demand for air travel and ever-expanding air fleets are predicted to boost the aircraft interface device market growth.
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Segmentation:
Segmentation:
Aircraft Conditioning Monitoring System to be Widely Used Due to Increasing Demand for Predictive Maintenance
By application, the market is divided into flight tracking, quick access recording, Aircraft Condition Monitoring System (ACMS), DVR & video streaming, and others. The Aircraft Condition Monitoring System (ACMS) segment is predicted to be the fastest-growing segment during the forecast period as the demand for predictive aircraft maintenance activities is rising at a robust pace.
Increase in the Number of Aircraft Fleet to Boost Use of Fixed Wing Aircraft
Based on aircraft type, the market is segmented into fixed wing and rotary wing. The fixed wing segment might emerge as the fastest growing segment due to the notable expansion of aircraft fleets by airlines.
Demand for Wireless Connectivity to Rise Due to Growing Demand for Futuristic Connectivity Systems
By connectivity, the market is bifurcated into wired and wireless. The wireless segment held a dominant position in the market in 2022 as there was a notable spike in the demand for cutting-edge connectivity systems that use a higher radio frequency to transfer data.
With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Players:
The prominent players operating in the Aircraft Interface Device market include: