Global $1.6+ Billion Air Data Test System Markets, 2021-2026 - Opportunities with the Introduction of Advanced ADS in Fighter Aircraft and Aviation Authority Mandates & Regulations - ResearchAndMarkets.com

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DUBLIN, January 21, 2022--(BUSINESS WIRE)--The "Global Air Data Test System Market (2021-2026)" report has been added to ResearchAndMarkets.com's offering.

The Global Air Data Test System Market is estimated to be USD 1,105.2 Mn in 2021 and is expected to reach USD 1,612. 66 Mn by 2026, growing at a CAGR of 7.85%.

The increasing demand for maintenance of older aircraft, rise in demand for large military UAVs, increasing demand for real-time data, and increasing demand for narrow-body aircraft are driving the market's growth.

In addition, advanced ADS in fighter aircraft, authority rules and regulations for the increase in aircraft in developing countries, demand of systems possessing reduced weights, and performance enhancement can showcase as an opportunity for market growth.

However, time taken for development of devices, stringent government norms, and a higher amount for maintenance is anticipated to hamper the market's growth. More increased need for calibration of sensors, high cost involved, lack of innovation offerings may hinder the market growth.

Market Influencers

Drivers

  • Increase In the Number of Aircraft Orders & Deliveries

  • A rise in Demand for Large Military UAVs

  • Increased Demand for Real-Time Data

Restraints

  • Frequent Need for Calibration of Sensors

  • Emerging Countries of Air Data Test Systems

Opportunities

  • Introduction of Advanced ADS in Fighter Aircraft

  • Aviation Authority Mandates & Regulations

Challenges

  • Time-Consuming Certifications of Devices

Market Segmentation

  • By Component, the market is classified into the Electronic Unit, Probes, and Sensors.

  • By End User, the market is classified into Civil and Military.

  • By Aircraft Type, the market is classified into Narrow Body, Wide Body, Very Large Body, General Aviation, Regional Transport, Rotary Wing, Military Transport, Fighter Jet, and UAV.

  • By Geography, North America is projected to lead the market.

Company Profiles

  • Aeroprobe Corporation

  • Air Data Inc.

  • Aircraft Development Industries cc

  • Astronautics Corporation of America

  • ATEQ Aviation, LC

  • Barfield, Inc.

  • D.Marchiori S.r.l.

  • Fluke Corporation

  • General Electric

  • Honeywell International Inc.

  • King Nutronics Corporation

  • Laversab Inc.

  • Meggitt PLC

  • Meltronics Systemtech

  • Nav-Aids Ltd

  • Raytheon Technologies Corporation

  • Rockwell Collins, Inc.

  • Rolls Royce Holdings Plc.

  • Shadin Avionics

  • Teradyne Inc.

  • TestVonics, Inc.

  • The Curtiss-Wright Corporation

  • Thommen Aircraft Equipment

  • UAV Navigation

For more information about this report visit https://www.researchandmarkets.com/r/ly1xqq.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220121005451/en/

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