Global Aircraft Interface Device Market Analysis & Trends, 2019-2025

11/10/2019 12:45

DUBLIN, Oct. 11, 2019 /PRNewswire/ -- The "Aircraft Interface Device - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Aircraft Interface Device market worldwide is projected to grow by US$248.1 Million, driven by a compounded growth of 15.1%.

Narrow Body Aircraft, one of the segments analyzed and sized in this study, displays the potential to grow at over 15.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$141.7 Million by the year 2025, Narrow Body Aircraft will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 16.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$9.6 Million to the region's size and clout in the next 5 to 6 years. Over US$11.9 Million worth of projected demand in the region will come from Rest of Europe markets.

In Japan, Narrow Body Aircraft will reach a market size of US$12.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 14.8% over the next couple of years and add approximately US$43.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

Arconics Corp.
Astronics Corporation
Esterline Technologies Corporation
Teledyne Controls LLC
United Technologies Corporation (UTC)

For more information about this report visit https://www.researchandmarkets.com/r/y18yux

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