Aircraft Temperature Sensors Market is Forecasted to Reach US$ 0.5 billion in 2028, Says Stratview Research

The global aircraft temperature sensors market is projected to witness a growth rate of 11% annually from 2023 to 2028, with an anticipated size of US$ 0.5 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global aircraft temperature sensors market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2028: US$ 0.5 billion
Growth (CAGR): 11% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+

Segment Insights on the Aircraft Temperature Sensors Market:
The global aircraft temperature sensors market is segmented based on aircraft type, sensor type, application type, end-user type, and region.
Based on aircraft type - The aircraft temperature sensors market is segmented into commercial aircraft, general aviation, regional aircraft, military aircraft, helicopter, and unmanned aerial vehicles.
Commercial Aircraft is expected to remain the largest as well as the fastest-growing aircraft type in the market during the forecast period. The engine remains the hot section with a dire need for temperature sensors in several crucial sections to have a proper eye on the temperature. Furthermore, rebounding aircraft deliveries after several shockwaves (B737Max ground, COVID-19, B787 grounding, etc.) are creating an atmosphere for the market stakeholders to fill the losses incurred during the pandemic. Market entries of new programs (C919, B777x, etc.) may create new revenue pockets for the market stakeholders within the commercial aircraft category.

Based on the sensor type - The market is segmented into thermostat, resistive temperature detector, and others.
The thermostat is expected to remain the dominant as well as the fastest-growing sensor type in the market during the forecast period, owing to its wide usage in the engine, cargo, landing gears, wheels & brakes, and flight control systems.

Based on the application type - The market is segmented into the engine; landing gear, wheels & brakes; flight control systems; cabin, cargo & ECS; and others.
The engine is expected to remain the dominant application type in the market during the forecast period as a large number of temperature sensors are used in several sections of the engine, such as the front blade, compressor, turbine, and gearbox.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/3110/aircraft-temperature-sensors-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for aircraft temperature sensors during the forecast period. This growth outlook is majorly attributed to the following-
- This region has the presence of a large number of major aircraft OEMs, such as Airbus and Boeing, which make the region the growth engine of the aircraft industry.
- Most of the tier players, airlines, and suppliers have their presence in the region to address the emergent needs of OEMs.
- Asia-Pacific is projected to witness the highest growth in the market over the next five years with the increasing focus of industry stakeholders to expand in emerging economies such as India and China.

Aircraft Temperature Sensors Market Drivers:

Some of the key drivers listed in the report are given below.
- An expected rise in the production rates of key aircraft programs (B737Max, A320neo, etc.) in the wake of rebounding air passenger traffic, increasing aircraft fleet size, upcoming next-generation aircraft programs, and a greater number of temperature sensors per aircraft to regulate the temperature level in the cabin, engine, and cargo areas are the factors driving the demand for temperature sensors in the aircraft sensors industry.

Top Companies in the Aircraft Temperature Sensors Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Thales Group
• Crane Holdings Co.
• Curtiss-Wrights Corporation
• Ametek Inc.
• Transdigm Group, Inc. (Auxitrol Weston)
• Meggitt PLC
• TE Connectivity
• Honeywell Incorporation Inc.
• Amphenol Corporation
• Kulite Semiconductor Products, Inc.

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Aircraft Temperature Sensors Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

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• Aircraft Engine Sensors Market: https://www.stratviewresearch.com/3109/aircraft-engine-sensors-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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