Escalating Air Traffic to Bring Boom in the Aircraft Interface Device Integration

The aircraft interface device (AID) market is experiencing high growth by 2027. The substantial increase in the growth of the AID market is due to the adoption of new and advanced technology in the aerospace ecosyem across the globe. There is significant escalation in the air transportation industry along with the growth in the number of aircraft orders and deliveries in last decade. In order to meet the demand of escalating air traffic, the airlines and defense forces are integrating latest technologies in the aircrafts. As a result, the aircraft technology companies are investing substantial amount in R&D and new product development such as AID.

The AID market has been derived from market trends and revenue generated from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America. North America holds the highest market share in the AID market. Whereas, APAC is fastest growing region with the growth with sectors including aerospace, military & defense, construction, technology, and others. The escalating air traffic and airline fleet size is expected to bring boom in the AID integration across the region. The air traffic throughout the region is expected to increase exponentially in the near future, and owing to these factors, the APAC region is expected to showcase the highest growth during the forecast period. The companies like Indigo, Qantas Airlines, South China Airlines, and Singapore Airlines have already implemented AID, and the number is likely to increase in the year to come.

In North America, the US market for AID has gained significant popularity. Attributing to the rising security concerns among the airlines as well as the US government regulations, the aircraft manufacturers witnessed substantial demand for line fitting of AID. A significant investments towards the manufacturing of new aircrafts with enhanced capabilities of aircrafts such as electronic aeronautical charts, satellite weather updates, airport moving maps (AMMs), and software compatibility with the Federal Aviation Administration (FAA) Next Generation Air Transportation System (NextGen) as well as adoption of advanced technologies is impacting positively on the growth of the North American AID market in the current scenario.Whereas, in Europe, the development in modern aircraft in the commercial and military aircraft module is driving the AID market. The economic stability in the region is helping the airliners and the defense forces to procure more aircraft to meet the demand for air travel and strengthening military forces. The demand for new modern aircraft in the commercial aircraft module, as well as military aircraft module in the region, is catalyzing the growth of AID across the European countries.

The major players operating in the AID market include Astronics Corporation, Avio (Thales Group), Avionica, Collins Aerospace, Esterline Technologies Corporation, Global Eagle Entertainment, Honeywell International Inc., SCI Technologies, Inc., Teledyne Controls LLC, and Viasat Inc. among others.