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Global Altimeter Systems, Pitot Tubes, and Other Sensors Market to reach USD 226.90 Million by 2027.

Global Altimeter Systems, Pitot Tubes, and Other Sensors Market Size study with COVID-19 impact, by Product (Altimeter Systems, Pitot Tubes and Other Sensors), by End-user (Aerospace and Défense Industry) and Regional Forecasts 2020-2027

Product Code: SASAAD_86487058
Publish Date: 1-07-2020
Page: 200

Global Altimeter Systems, Pitot Tubes, and Other Sensors Market is valued approximately USD 181.88 Million in 2019 and is anticipated to grow with a healthy growth rate of more than 3.21% over the forecast period 2020-2027. An altimeter or an altitude meter is an instrument used to measure the altitude of an object above a fixed level. A pitot tube, also known as pitot probe, is a flow measurement device used to measure fluid flow velocity. The pitot and altimeter are gaining significant demand from aviation industries, as it enables the efficient measurement of height of an aircraft above a fixed level during landing of commercial and military aircraft. Hence, rapid growth in aviation industry across the globe is escalating the demand altimeter, pitot tubes and other sensors for measurement of height of aircraft over the forecast years. According to the Statista, in 2018, the Aviation market is the largest in Asia pacific region which covers over 34.9% of the global share, followed by North America, Europe and Latin America that accounts for over 24%, 22.2% and 7% of the total share in the globe aviation market. In addition, growing need for high quality avionic instrument is driving the growth of market. However, high cost of installation and maintenance of altimeter and pitot tubes is hampering the market growth.

The regional analysis of global Altimeter Systems, Pitot Tubes, and Other Sensors Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increase in rate of air traffic. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as growing need for high quality avionic instrument would create lucrative growth prospects for the Altimeter Systems, Pitot Tubes, and Other Sensors Market across Asia-Pacific region.

Major market player included in this report are:
Garmin International Inc.
Aerosonic Corporation
Honeywell Aerospace Inc.
Rockwell Collins
Thales SA
Aerocontrolex Group Inc.
UTC Aerospace Systems
Revue Thommen Ag
Free Flight Systems Inc.
Hindustan Aeronautics Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Altimeter Systems
Pitot Tubes
Other Sensors

By End-user:
Aerospace
Défense Industry

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Altimeter Systems, Pitot Tubes, and Other Sensors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Altimeter Systems, Pitot Tubes, and Other Sensors Market, by Region, 2018-2027 (USD Million)
1.2.2. Altimeter Systems, Pitot Tubes, and Other Sensors Market, by Product, 2018-2027 (USD Million)
1.2.3. Altimeter Systems, Pitot Tubes, and Other Sensors Market, by End user, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market Dynamics
3.1. Altimeter Systems, Pitot Tubes, and Other Sensors Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market, by Product
5.1. Market Snapshot
5.2. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market by Product, Performance – Potential Analysis
5.3. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market Estimates & Forecasts by Product 2017-2027 (USD Million)
5.4. Altimeter Systems, Pitot Tubes, and Other Sensors Market, Sub Segment Analysis
5.4.1. Altimeter Systems
5.4.2. Pitot Tubes
5.4.3. Other Sensors
Chapter 6. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market, by End user
6.1. Market Snapshot
6.2. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market by End user, Performance – Potential Analysis
6.3. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market Estimates & Forecasts by End user 2017-2027 (USD Million)
6.4. Altimeter Systems, Pitot Tubes, and Other Sensors Market, Sub Segment Analysis
6.4.1. Aerospace
6.4.2. Défense Industry
Chapter 7. Global Altimeter Systems, Pitot Tubes, and Other Sensors Market, Regional Analysis
7.1. Altimeter Systems, Pitot Tubes, and Other Sensors Market, Regional Market Snapshot
7.2. North America Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.2.1. U.S. Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.2.1.1. Product breakdown estimates & forecasts, 2017-2027
7.2.1.2. End user breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.3. Europe Altimeter Systems, Pitot Tubes, and Other Sensors Market Snapshot
7.3.1. U.K. Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.3.2. Germany Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.3.3. France Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.3.4. Spain Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.3.5. Italy Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.3.6. Rest of Europe Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.4. Asia-Pacific Altimeter Systems, Pitot Tubes, and Other Sensors Market Snapshot
7.4.1. China Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.4.2. India Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.4.3. Japan Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.4.4. Australia Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.4.5. South Korea Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.4.6. Rest of Asia Pacific Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.5. Latin America Altimeter Systems, Pitot Tubes, and Other Sensors Market Snapshot
7.5.1. Brazil Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.5.2. Mexico Altimeter Systems, Pitot Tubes, and Other Sensors Market
7.6. Rest of The World Altimeter Systems, Pitot Tubes, and Other Sensors Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Garmin International Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Aerosonic Corporation
8.2.3. Honeywell Aerospace Inc.
8.2.4. Rockwell Collins
8.2.5. Thales SA
8.2.6. Aerocontrolex Group Inc.
8.2.7. UTC Aerospace Systems
8.2.8. Revue Thommen Ag
8.2.9. Free Flight Systems Inc.
8.2.10. Hindustan Aeronautics Limited
Chapter 9. Research Product
9.1. Research Product
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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