Aviation Headsets Market is expected to reach US$ 1,371.84 million by 2028
According to the new research report titled "Aviation Headsets Market Forecast to 2028 - COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 1,371.84 million by 2028, registering a CAGR of 4.2% from 2021 to 2028.
The global aviation headsets market is growing as more operational aircraft are added to the aviation industry. Airlines have made significant investments in procuring new airplanes, such as United Airlines' order of 270 jets worth approximately $35 billion from Airbus and Boeing, leading to an increased demand for onboard headsets.
The COVID-19 pandemic caused a sudden halt in the production and sales of aircraft in most European countries, resulting in a major impact on the EU aerospace sector. The decline in demand greatly affected the economies, causing a crisis and reducing international trade. Air transport is crucial for economic growth and employment in many European countries, and disruptions in this sector resulted in supply chain disruptions and technological challenges. The European aerospace industry also experienced airspace inefficiencies, delays in activity, and a decrease in flight count during the early stages of the pandemic. Global passenger volume and total infrastructure cost dropped by 60.5% and 45.4% respectively in 2020, causing a significant impact on the general aviation market in Europe and affecting businesses in the aircraft OEM sector, including airliners, parts suppliers, and catering companies.
The aviation headsets market is categorized based on type, noise cancelling technology, usage, and region. Type-wise, the aviation headsets market is divided into on-board and ground support headsets. In terms of noise cancelling, it is divided into active and passive. The aviation headsets market is further classified by application, including commercial aircraft, military aircraft, and general aircraft. Region-wise, the aviation headsets market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
According to the study, North America dominated the global aviation headsets market in 2020, followed by Europe, Asia Pacific, the Middle East & Africa, and South America. The Asia Pacific region is projected to experience the fastest growth rate during the period.
The growth of the aviation headsets market is driven by military modernization initiatives and the development of anti-noise reduction technology. However, trade barriers caused by varying rules and regulations in different countries may act as a constraint. North America is at the forefront of technology adoption, with the US, Canada, and Mexico being major users of advanced ground support and onboard aviation headsets. Developing countries in Asia Pacific, such as Bangladesh, Pakistan, Bhutan, India, Nepal, Myanmar, and Mongolia, are gradually catching up with the trend. Growing awareness of the advantages of high-end aviation headsets in air travel is driving the adoption of modern technology in the aviation sector. A rise in military spending as a percentage of GDP in developing countries is also expected to boost demand for both active and passive noise cancellation aviation headsets in the future.
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