Latin America Aircraft Sensors Market Size & Outlook

The aircraft sensors market in Latin America is expected to reach a projected revenue of US$ 422.8 million by 2030. A compound annual growth rate of 5.7% is expected of Latin America aircraft sensors market from 2024 to 2030.
Revenue, 2023 (US$M)
$287.3
Forecast, 2030 (US$M)
$422.8
CAGR, 2024 - 2030
5.7%
Report Coverage
Latin America

Latin America aircraft sensors market, 2018-2030 (US$M)

Latin

Latin America aircraft sensors market highlights

  • The Latin America aircraft sensors market generated a revenue of USD 287.3 million in 2023.
  • The market is expected to grow at a CAGR of 5.7% 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.


Latin America data book summary

Market revenue in 2023USD 287.3 million
Market revenue in 2030USD 422.8 million
Growth rate5.7% (CAGR from 2023 to 2030)
Largest segmentCommercial aircraft
Fastest growing segmentCommercial Aircraft
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCommercial Aircraft
Key market players worldwideTE 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, Latin America region accounted for 8.3% 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 Scope

Aircraft sensors market segmentation & scope
Military Aircraft
General Aviation Aircraft
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

Latin America aircraft sensors market

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