Middle East & Africa Aircraft Sensors Market Size & Outlook
The aircraft sensors market in Middle East & Africa is expected to reach a projected revenue of US$ 354.4 million by 2030. A compound annual growth rate of 1.3% is expected of Middle East & Africa aircraft sensors market from 2024 to 2030.
Revenue, 2023 (US$M)
$323.6
Forecast, 2030 (US$M)
$354.4
CAGR, 2024 - 2030
1.3%
Report Coverage
Middle East & Africa
Middle East & Africa aircraft sensors market, 2018-2030 (US$M)
MEA aircraft sensors market highlights
- The MEA aircraft sensors market generated a revenue of USD 323.6 million in 2023.
- The market is expected to grow at a CAGR of 1.3% 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.
MEA data book summary
| Market revenue in 2023 | USD 323.6 million |
| Market revenue in 2030 | USD 354.4 million |
| Growth rate | 1.3% (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, MEA region accounted for 9.3% 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
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 |
|---|
Middle East & Africa aircraft sensors market
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