The airspeed indicator which is also known as airspeed gauge is a kind of flight instrument used for indicating the airspeed of an aircraft. The airspeed indicator shows the readings in knots, miles per hour, meters per second and Km/h. The knot is the most commonly used unit in the aircraft speed indicator but as per the ICAO instructions use of Km/h is mandatory. The airspeed indicator measures differential pressure between total pressure from pilot tube and static pressure from static point. The key market drivers are, growing aviation industry, increasing demand for air travel and technological advancements.
MARKET DYNAMICS
The key market drivers for airspeed indicator market are, technological advancements in aviation industry by designing more advanced aircrafts with full automation facilities, significant growth in aviation industry because of rising preference for the air travel which ultimately leads to growth in aircraft demand. Additionally, increasing demand of aircrafts in defense sector is also expected to fuel market growth during the forecast period. Moreover, a proper airspeed indicator is helpful for a pilot to manage a aircraft for keeping all passengers safe during their journey is likely to boost market growth. However, the outbreak of COVID has negatively impacted the aviation industry is likely to hinder market growth during the forecast period.
MARKET SCOPE
The "Global Airspeed Indicator Market Analysis to 2028" is a specialized and in-depth study of the airspeed indicator market with a special focus on the global market trend analysis. The report aims to provide an overview of airspeed indicator market with detailed market segmentation by product type and application. The global airspeed indicator market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading airspeed indicator market player and offers key trends and opportunities in the airspeed indicator market.
MARKET SEGMENTATION
The global airspeed indicator market is segmented on the basis of product type and application. On the basis of product type the market is segmented as, analog type, digital type. Further, on the basis of application the market is segmented as, civil aviation and military aviation.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global airspeed indicator market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The airspeed indicator market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting airspeed indicator market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting the factors affecting the airspeed indicator market in these regions.
MARKET PLAYERS
The reports cover key developments in the airspeed indicator market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from airspeed indicator market are anticipated to lucrative growth opportunities in the future with the rising demand for airspeed indicator market. Below mentioned is the list of few companies engaged in the airspeed indicator market.
The report also includes the profiles of key airspeed indicator market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Eaton
- JDC ELECTRONIC SA
- Mid-Continent Instrument Co., Inc
- Barfield Inc
- Aerosonic Corporation
- Suzhou Changfeng Instruments Co,. Ltd
- PCE INSTRUMENTS
- Aircraft Spruce
- UNITED INSTRUMENTS, INC
- Kanardia d.o.o
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.