On-boards headset segment has the Largest Share of Type in the South and Central America Aviation Headsets Market during 2021–2028 

According to a new market research study on “South and Central America  Aviation Headsets Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Noise Cancellation Type, End Use and Country” is expected to reach US$ 54.48 million by 2028 from US$ 45.63 million in 2021. The market is estimated to grow at a CAGR of 2.6% from 2021 to 2028. The report provides trends prevailing in the North America aviation headsets market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to increase demand for charter aviation and increasing demand for air sports propelling the demand for new recreational aircraft models are the key factors driving the market growth. However, the market is expected to experience slow growth during the forecast period owing to decline in aircraft operational fleets during FY 2020.

Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador, among others. South America's government has taken an array of actions to protect their citizens and contain COVID-19's spread. Brazil is the largest spender in the aerospace industry and is the only modern aircraft manufacturing country in the region. Owing to this, the demand for components and aircraft related systems and technologies is at an all-time high in the country. In addition, the majority of the components are imported from the US, China, and South and Central America and countries. The slowdown in aviation headset production in the country has impaired the supply chain in Brazil. This has weakened the demand for aircraft components, such as engines, airframe, avionics, and other components. Thus, the outbreak of COVID-19 has had a harsh impact on the South American aviation headsets market, especially in Brazil

However, Airbus—the European aircraft manufacturing giant—foresees faster recovery of the aviation industry and aircraft manufacturing. According to Airbus, the global and European aviation industry is expected to reach pre-COVID levels between 2023 and 2025. The European general aviation industry is expected to surpass its pre-COVID levels by 2022. However, according to a market research study, the European air management system market has witnessed a decline of nearly 31% in 2020 which is expected to come back to 2019 levels by the end of Q2 2026.

AMETEK Inc., BOYD Corporation, Collins Aerospace, Diehl Stiftung & Co. KG, Honeywell International Inc., Liebherr-International Deutschland GmbH, Meggitt PLC, Parker Hannifin Corporation, Safran Electronics & Defense, and Shimadzu Corporation are among the leading companies in the Europe air management system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Collins Aerospace signed a partnership agreement with Ethiopian of $500 Million for 25 years. This agreement covers the maintenance of heat exchangers, air management system, & fuel metering units on 60 De Havilland Canada Dash 8-400 turboprops.

South and Central America Aviation Headsets Market, By Country, 2021 and 2028 (%)
 

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