North America Aircraft Sensors Market Size & Outlook
The aircraft sensors market in North America is expected to reach a projected revenue of US$ 2,107.6 million by 2030. A compound annual growth rate of 7.6% is expected of North America aircraft sensors market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,263.8
Forecast, 2030 (US$M)
$2,107.6
CAGR, 2024 - 2030
7.6%
Report Coverage
North America
North America aircraft sensors market highlights
- The North America aircraft sensors market generated a revenue of USD 1,263.8 million in 2023.
- The market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, commercial aircraft was the largest revenue generating type in 2023.
- Commercial Aircraft is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 1,263.8 million |
| Market revenue in 2030 | USD 2,107.6 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Commercial aircraft |
| Fastest growing segment | Commercial Aircraft |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial Aircraft |
| Key market players worldwide | TE Connectivity Ltd, Honeywell International Inc, Parker Hannifin Corp, AMETEK Inc, Thales, Portland General Electric Co, Curtiss-Wright Corp, Safran SA, Hydra-Electric Company, PCB Group, Avidyne, Precision Sensors |
Other key industry trends
- In terms of revenue, North America region accounted for 36.4% of the global aircraft sensors market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,317.1 million by 2030.
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Aircraft Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Precision Sensors | View profile | 101-250 | Milford, Connecticut, United States, North America | https://precisionsensors.com |
| Avidyne | View profile | 501-1000 | Melbourne, Florida, United States, North America | http://www.avidyne.com |
| PCB Group | View profile | 501-1000 | Depew, New York, United States, North America | http://www.pcb.com/ |
| Hydra-Electric Company | View profile | 251-500 | Burbank, California, United States, North America | http://www.hydraelectric.com |
| Curtiss-Wright Corp | View profile | 8600 | 130 Harbour Place Drive, Suite 300, Davidson, NC, United States, 28036 | https://www.curtisswright.com |
| AMETEK Inc | View profile | 21500 | 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 | https://www.ametek.com |
| Safran SA | View profile | 83278 | 2, boulevard du General-Martial-Valin, Paris, France, 75015 | https://www.safran-group.com |
| TE Connectivity Ltd | View profile | 90000 | Muhlenstrasse 26, Schaffhausen, Switzerland, CH-8200 | https://www.te.com |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| Thales | View profile | 81000 | 4, rue de la Verrerie, Meudon, France, 92190 | https://www.thalesgroup.com |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
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