Global Aircraft Interface Device Market is estimated to register a CAGR of more than 10% during the forecast period of 2018 to 2023. Aircraft interface device (AID) is a hardware that provides interface between an electronic flight bag (EFB) and an aircraft. This technology is a key enabler of the smart cockpit concept. Modern aircraft interface devices not only act as a real-time data-crunching tool but also enables effective communication with ground support staff such as dispatchers and maintenance personnel and aids in better decision making. Connecting AID hardware platform ultimately assists in improving fuel efficiency, enhancing flight safety and performance, and enabling predictive maintenance. Key applications of the aircraft interface include flight tracking, quick access recording, aircraft condition monitoring system, among others.
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Global Aircraft Interface Device Market has been segmented based on aircraft type, connectivity, end-user, fit and region.
Based on connectivity, the aircraft interface device market is divided into wired and wireless. The wireless aircraft interface device segment is estimated to witness the highest CAGR as these devices are portable and are more preferred over wired devices. Installing and setting up is also comparatively simpler. Furthermore, wireless devices also eliminate aspects such as monitoring wire defects and loose interconnections.
Based on end-user, the aircraft interface device market is divided into civil and military. The civil segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period. Meanwhile, rising defense spending especially in developing countries and focus on procuring military aircraft to enhance combat capabilities is positively impacting the demand for aircraft interface devices in military segment.
Based on aircraft type, the Aircraft Interface Device Market is divided into fixed-wing and rotary wing. Fixed-wing aircraft segment accounted for the largest market share as it offers various advantages such as long endurance, large area coverage, and faster flight speed. Furthermore, fixed-wing aircraft forms a vital part of the commercial aviation. Meanwhile, huge focus is being laid on enhancing safety and ensuring effective flight operations, which directly impacts the aircraft interface device market growth.
Based on fit, the aircraft interface device market is divided into line-fit and retrofit. The retrofit segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period as these devices are being widely fitted into the aircraft as a part of the modernization program in many countries.
Based on region, the aircraft interface device market is segmented into North America, Europe, Asia-Pacific and Rest of the World. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the procurement of these devices in countries such as China, and India for both military and civil applications.
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