Angle-of-attack Probes Market In-Depth Analysis and Industry Revenue Details, 2018 - 2023
The factors that are playing a major role in the growth of angle-of-attack probes market are the rising use to improve accuracy and repeatability on all types of aircraft, reduced weight and pneumatic lag, and is easy to install and replace.
(firmenpresse) - Global angle-of-attack probes market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Angle-of-attack probes are the products that offer the competence to optimally organize the air data system for any type of aircraft. It is mainly used to determine the angle of attack of the aircraft in flight. Angle-of-attack is an angle between the relative wind in the plane of symmetry and the longitudinal axis of the airplane.
The factors that are playing a major role in the growth of angle-of-attack probes market are the rising use to improve accuracy and repeatability on all types of aircraft, reduced weight and pneumatic lag, and is easy to install and replace. However, it affects the flight characteristics of the aircraft and the high cost of products may restrain the overall market growth in the years to come. Market is segmented based on type, product type, application, and region.
Wing-mounted and fuselage-mounted are the types that could be explored in angle-of-attack probes market in the forecast period. The fuselage-mounted sector accounted for the significant share of the market and is estimated to lead the overall market in the years to come. In addition, the wing-mounted sector is estimated to grow at the fastest pace in the years to come.
Multi-function probes, pitot probes, pitot-static probes, and other product types could be explored in angle-of-attack probes market in the forecast period. The market may be categorized based on applications like aircraft and others that could be explored in angle-of-attack probes in the forecast period. The aircraft sector accounted for the substantial share of the market and is estimated to continue with its dominance in the years to come. The reason could be the high demand for angle-of-attack probes.
Globally, North America accounted for the substantial share of angle-of-attack probes industry and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the rising use of enhanced technology and the high demand from end-users. The United States and Canada are the major consumers of angle-of-attack probes in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of angle-of-attack probes in this region. The key players of the angle-of-attack probes market are Garmin International, Advanced Flight Systems, and Honeywell. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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