Aircraft Interface Device Market Worth 230.8 Million USD by 2021

PUNE, India, January 20, 2017 /PRNewswire/ --

The report "Aircraft Interface Device Market Aircraft Type (NBA, WBA, RTA, VLA, Business Jet, Rotary Wing Aircraft, and Fighter Jet), Connectivity (Wired, and Wireless), End User (Civil, and Military), Fit (Linefit, and Retrofit) - Global Forecast to 2021", published by MarketsandMarkets, is projected to reach USD 230.8 Million by 2021, at a CAGR of 14.76% from 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 95 market data Tables and 53 Figures spread through 153 Pages and in-depth TOC on "Aircraft Interface Device Market"

http://www.marketsandmarkets.com/Market-Reports/aircraft-interface-device-market-241873689.html

Early buyers will receive 10% customization on this report.

Factors such as improved situational awareness, reduced maintenance cost & reduced operational cost due to less fuel consumption with help of AID and increase in demand for aircraft are expected to drive the growth of the aircraft interface device market.

The narrow body segment is expected to witness the highest growth during the forecast period 

Based on aircraft type, the narrow body segment of the aircraft interface device market is projected to grow at the highest CAGR during the forecast period. According to Boeing's Outlook 2016, the global fleet size of narrow body aircraft is 14,870. Asia and North America have the largest fleet of narrow body aircraft, with 4,540 and 4,010 aircraft, respectively. By the end of 2035, the global fleet size of narrow body aircraft is expected to reach 32,280. The growth in the global fleet size, mapped contracts and the rapid adoption rate of AID in narrow body aircraft are expected to drive the demand for AID in the narrow body segment.

Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=241873689

The wireless segment is expected to witness a higher growth during the forecast period 

Based on connectivity, the wireless segment of the aircraft interface device market is anticipated to witness a higher growth from 2016 to 2021. Wireless aircraft interface devices are more preferred over wired devices, due the ease in installation and setup that they provide. Furthermore, wireless devices also eliminate issues associated with faulty wires and loose connector.