Europe Aircraft Sensors Market Size & Outlook, 2023-2030
The aircraft sensors market in Europe is expected to reach a projected revenue of US$ 1,300.1 million by 2030. A compound annual growth rate of 6.5% is expected of Europe aircraft sensors market from 2024 to 2030.
Revenue, 2023 (US$M)
$835.1
Forecast, 2030 (US$M)
$1,300.1
CAGR, 2024 - 2030
6.5%
Report Coverage
Europe
Europe aircraft sensors market, 2018-2030 (US$M)
Europe aircraft sensors market highlights
- The Europe aircraft sensors market generated a revenue of USD 835.1 million in 2023.
- The market is expected to grow at a CAGR of 6.5% 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.
Europe data book summary
| Market revenue in 2023 | USD 835.1 million |
| Market revenue in 2030 | USD 1,300.1 million |
| Growth rate | 6.5% (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, Europe region accounted for 24.0% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Aircraft Sensors Market Scope
Aircraft sensors market segmentation & scope
Sensor Type
Temperature
Pressure
Position
Flow
Torque
Radar
Accelerometers
Proximity
Others
Connectivity
Wired Sensors
Wireless Sensors
Application
Fuel, Hydraulic and Pneumatic Systems
Engine/Propulsion
Cabin & Cargo Environmental Controls
Aerostructures & Flight Controls
Flight Deck
Landing Gear Systems
Weapon Systems
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
Japan
India
Brazil
Aircraft Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe aircraft sensors market
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
