North America Aircraft Computers Market Forecast to 2028

Report Code : BMIRE00025447 | Region : North America | Industry : Aerospace and Defense | Published Date : 21/Jul/2022
North America Aircraft Computers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware and Software), Type (Flight Controls, Utility Controls & IFE Systems, Engine Controls, Mission Computers, and Flight Management Computers), Platform (Fixed-Wing Aircraft, Rotary-Wing Aircraft, and Unmanned Aerial Vehicles), and Fit Type (Line Fit and Retrofit)

The aircraft computers market in North America is expected to grow from US$ 1,636.98 million in 2022 to US$ 2,203.43 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2022 to 2028.

The US, Canada, and Mexico are major economies in North America. A rise in country GDPs, growth in consumer spending, and a surge in the urban population are the prominent factors contributing to the increase in air travelers, which is highlighting the need for new aircraft worldwide. The aviation industry is among the most important sectors contributing to the region’s GDP. With the increasing GDP and elevating per capita income, air travel is considered the most preferred means of travel, which has paved the way for the flourishment of the aerospace and aviation industry, thereby propelling the growth of the aircraft computers market. The Defense Acquisition Council (DAC) approved the purchase of 21 MiG-29 Indian Air Force (IAF) fighter jets in July 2020. These MiG-29 aircraft were fitted with the more advanced family of onboard computers. Also, in July 2020, Boeing was awarded a contract of US$ 1.2 billion by the US Air Force to supply 8 F-15EX fighter jets. The computer deployed in F-15EX fighter jets is the world's fastest computer with the Advanced Display Core Processor II. Argentine Air Force has announced the procurement of aircraft such as IA 63, Mi-171, KC-390, and T-6C+. Thus, the growing aircraft procurement indicates the high use and demand for aircraft computers.

Despite the challenges faced by the aerospace and aviation industries in 2020 due to the onset of the COVID-19 pandemic, 2021 rose as a year of recovery for the world's two largest commercial plane makers—Boeing and Airbus. In March 2022, Boeing and Airbus delivered 41 and 63 commercial jets, compared to 29 and 72 deliveries, respectively, in March 2021. However, they both still have a long way to reach back to pre-pandemic levels. In 2021, Boeing delivered 340 aircraft, compared to 157 and 380 in 2020 and 2019, respectively. Further, Airbus delivered 140 aircraft whereas received 83 aircraft orders in the first quarter of 2022. Thus, the rise in the number of aircraft deliveries across the region is underlining the need for aircraft computers, which is driving the aircraft computers market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America aircraft computers market. The North America aircraft computers market is expected to grow at a good CAGR during the forecast period.

North America Aircraft Computers Market Revenue and Forecast to 2028 (US$ Million)

North America Aircraft Computers Market Segmentation

The North America aircraft computers market is segmented into component, type, platform, fit type, and country. Based on component, the market is segmented into hardware and software. The hardware segment accounted for a larger market share in 2021. In terms of type, the market is segmented into flight controls, utility controls & IFE Systems, engine controls, mission computers, and flight management computers. The flight controls segment accounted for the largest share of the market in 2021. Based on platform, the market is categorized into fixed wing, rotary wing, and unmanned aerial vehicles (UAVs). The fixed wing segment dominated the market in 2021. In terms of fit type, the market is categorized into line fit and retrofit. The line fit segment accounted for a larger share in 2021. Based on country, the North America aircraft computers market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2021.

BAE Systems; Garmin Ltd.; General Dynamics Mission Systems, Inc.; General Electric; Honeywell International Inc.; Lockheed Martin Corporation; Raytheon Technologies; SAAB AB; Safran Group; and Thales Group are among the leading companies in the North America aircraft computers market.

The List of Companies - North America Aircraft Computers Market

● BAE Systems

● Garmin Ltd.

● General Dynamics Mission Systems, Inc.

● General Electric

● Honeywell International Inc.

● Lockheed Martin Corporation

● Raytheon Technologies

● SAAB AB

● Safran Group

● Thales Group

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Aircraft Computers Market Landscape

4.1 Market Overview

4.2 Porter’s Five Force Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat to New Entrants

4.2.4 Threat to Substitutes

4.2.5 Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Aircraft Computers Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Rising Number of Aircraft Deliveries

5.1.2 Upgradation of Existing Aircraft Fleets

5.2 Key Market Restraints

5.2.1 Increasing Risk of Cyber-Attacks

5.3 Key Market Opportunities

5.3.1 Scheduled Future Aircraft Deliveries and increased Popularity of Connected Electronic Modules

5.4 Future Trends

5.4.1 Upcoming of Inflight Entertainment Systems

5.5 Impact Analysis of Drivers and Restraints

6. Aircraft Computers Market – North America Analysis

6.1 North America Aircraft Computers Market Overview

6.2 North America Aircraft Computers Market Forecast and Analysis

7. North America Aircraft Computers Market Analysis – By Component

7.1 Overview

7.2 North America Aircraft Computers Market, By Component (2021 & 2028)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

8. North America Aircraft Computers Market Analysis – By Type

8.1 Overview

8.2 Aircraft Computers Market, By Type (2021 & 2028)

8.3 Flight Controls

8.3.1 Overview

8.3.2 Flight Controls: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

8.4 Utility & IFE Systems

8.4.1 Overview

8.4.2 Utility & IFE Systems: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

8.5 Engine Controls

8.5.1 Overview

8.5.2 Engine Controls: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

8.6 Flight Management Computers

8.6.1 Overview

8.6.2 Flight Management Computers: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

9. North America Aircraft Computers Market Analysis – By Platform

9.1 Overview

9.2 North America Aircraft Computers Market, By Platform (2021 & 2028)

9.3 Fixed Wing

9.3.1 Overview

9.3.2 Fixed Wing: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

9.4 Rotary Wing

9.4.1 Overview

9.4.2 Rotary Wing: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

9.5 Unmanned Aerial Vehicles (UAV)

9.5.1 Overview

9.5.2 Unmanned Aerial Vehicles (UAV): Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

10. North America Aircraft Computers Market Analysis – By Fit Type

10.1 Overview

10.2 North America Aircraft Computers Market, By Fit Type (2021 and 2028)

10.3 Line Fit

10.3.1 Overview

10.3.2 Line Fit: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

10.4 Retrofit

10.4.1 Overview

10.4.2 Retrofit: Aircraft Computers Market Revenue and Forecast To 2028 (US$ Million)

11. North America Aircraft Computers Market – Country Analysis

11.1 Overview

11.1.1 North America: Aircraft Computers Market, by Key Country

11.1.1.1 US: Aircraft Computers Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 US: Aircraft Computers Market, By Component

11.1.1.1.2 US: Aircraft Computers Market, By Type

11.1.1.1.3 US: Aircraft Computers Market, By Platform

11.1.1.1.4 US: Aircraft Computers Market, By Fit Type

11.1.1.2 Canada: Aircraft Computers Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Canada: Aircraft Computers Market, By Component

11.1.1.2.2 Canada: Aircraft Computers Market, By Type

11.1.1.2.3 Canada: Aircraft Computers Market, By Platform

11.1.1.2.4 Canada: Aircraft Computers Market, By Fit Type

11.1.1.3 Mexico: Aircraft Computers Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Mexico: Aircraft Computers Market, By Component

11.1.1.3.2 Mexico: Aircraft Computers Market, By Type

11.1.1.3.3 Mexico: Aircraft Computers Market, By Platform

11.1.1.3.4 Mexico: Aircraft Computers Market, By Fit Type

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

13. Company Profiles

13.1 BAE Systems

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Garmin Ltd.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 General Electric Company

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 General Dynamics Mission Systems, Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Honeywell International Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Lockheed Martin Corporation

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Saab AB

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Safran

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Thales Group

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Raytheon Technologies Corporation

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1. North America Aircraft Computers Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. North America: Aircraft Computers Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3. US: Aircraft Computers Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Aircraft Computers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Aircraft Computers Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Aircraft Computers Market, By Fit Type– Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Aircraft Computers Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Aircraft Computers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Aircraft Computers Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: Aircraft Computers Market, By Fit Type– Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico: Aircraft Computers Market, By Component– Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico: Aircraft Computers Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico: Aircraft Computers Market, By Platform – Revenue and Forecast to 2028 (US$ Million)

Table 14. Mexico: Aircraft Computers Market, By Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. List of Abbreviation

The List of Companies - North America Aircraft Computers Market

● BAE Systems

● Garmin Ltd.

● General Dynamics Mission Systems, Inc.

● General Electric

● Honeywell International Inc.

● Lockheed Martin Corporation

● Raytheon Technologies

● SAAB AB

● Safran Group

● Thales Group

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