South America Aircraft Interface Device Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Platform (Hardware and Software), Connectivity (Wired and Wireless), Fit Type (Line Fit and Retrofit), and Aircraft Type (Fixed Wing and Rotary Wing)
The South America aircraft interface device market is expected to grow from US$ 10.06 million in 2022 to US$ 17.15 million by 2028. It is estimated to grow at a CAGR of 9.3% from 2022 to 2028.
Stimulating Demand for Advanced Technologies across Aircraft Models Fuel South America Aircraft Interface Device Market
The aviation industry is adopting advanced information technologies, which are anticipated to transform the decision-making capability of the industry and make the new implementations faster than before. The demand for advanced technology drives the airline industry and demands more integration of such techniques to get a smarter cockpit. The smarter cockpit helps provide better communication with ground support staff, including maintenance and dispatcher’s personnel, for making better decisions associated with flight performance and weather avoidance for efficient operations and better fuel efficiency. Aircraft modernization includes modern digital communication systems, new engines, inflight entertainment, advanced armaments, navigation flight systems, and data recorders. The transformation of aircraft is beneficial for the aircraft interface device (AID) manufacturers as the advanced AID is reliable, has enhanced connectivity and communication, has a high capacity to store data, and is more accurate. These benefits of aircraft interface devices increase the scope of their adoption among the defense forces and commercial airliners to modernize the connectivity and communication system to have efficient aircraft functioning.
South America Aircraft Interface Device Market Overview
South America is undergoing rapid transformations, and thereby with a significant growth in investment by global companies, the region has immense potential for growing trade with other countries of the world. Countries such as Brazil and Venezuela witnessed a recent economic crisis; however, the global trade in South American countries is anticipated to grow in the coming years. The impact of the economic crisis resulted in a slowdown in the growth of GDPs. .
The South America aircraft interface device market is witnessing growth, owing to the increased air traffic due to the rise in the tourism & trading market. The rapid increase of air traffic in Brazil is propelling the airlines to procure more aircraft and modernize the existing aircraft. For instance, according to the Airbus market Forecasts report, 1,440 aircraft were operating in 2019, which is expected to increase two times by 2040, with an operating aircraft fleet of 2,820. This rise in procuring aircraft across the region is expected to increase the demand for aircraft AIDs across the South America market. Moreover, the Brazilian defense forces are increasing their interest in equipping their aircraft with the latest technologies, demanding the integration of aircraft interface devices. These factors boost the market for aircraft interface devices in South America. The rising number of aircraft operating across the region and the SAM military sector’s modernization and upgrades of their military aircraft fleet also contribute to the growth of the SAM aircraft MRO service industry. Thus, the growth of the MRO service providers across the region is directly expected to contribute to the rising demand for AIDs, thereby contributing to the growth of the SAM aircraft interface device market.
South America Aircraft Interface Device Market Revenue and Forecast to 2028 (US$ Million)
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South America Aircraft Interface Device Market Segmentation
The South America aircraft interface device market is segmented into platform, connectivity, fit type, aircraft type and country.
Based on platform, the South America aircraft interface device market is segmented into hardware and software. The hardware segment held a larger share of the South America aircraft interface device market in 2022.
Based on connectivity, the South America aircraft interface device market is segmented into wired and wireless. The wired segment held a larger share of the South America aircraft interface device market in 2022.
Based on fit type, the South America aircraft interface device market is segmented into line fit and retrofit. The line fit segment held a larger share of the South America aircraft interface device market in 2022.
Based on aircraft type, the South America aircraft interface device market is segmented into fixed wing and rotary wing. The fixed wing segment held a larger share of the South America aircraft interface device market in 2022.
Based on country, the South America aircraft interface device market is segmented into Brazil, and the Rest of South America. Brazil dominated the share of the South America aircraft interface device market in 2022.
Boeing; Collins Aerospace; Honeywell International Inc.; Thales Group; Viasat, Inc. ; and Anuvu are the leading companies operating in the South America aircraft interface device market.
1. Introduction
1.1 Scope of Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Aircraft Interface Device Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers:
4.2.1.1 Large Numbers of Aircraft Manufacturers
4.2.2 Bargaining Power of Suppliers:
4.2.2.1 Supplier Concentration is Moderately Growing
4.2.3 Threats to Substitutes:
4.2.3.1 Existence of Aircraft Health Monitoring Systems and Flight Tracking Systems
4.2.4 Threats of New Entrants:
4.2.4.1 Established Players Capture the Maximum Market
4.2.5 Degree of Competition:
4.2.5.1 Large Number of Well-Established Players with Balanced Financial Status
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South and Central America Aircraft Interface Device Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Number of Aircraft Fleet Regionally
5.1.2 Stimulating Demand for Advanced Technologies across Aircraft Models
5.2 Market Restraints
5.2.1 Susceptible to Cyber-Attacks
5.3 Market Opportunities
5.3.1 Growing Demand for Wireless AIDs
5.4 Future Trends
5.4.1 Increasing Number of Low-Cost Carriers
5.5 Impact Analysis of Drivers and restraints
6. South and Central America Aircraft Interface Device Market – Country Analysis
6.1 South and Central America Aircraft Interface Device Market –Revenue and Forecast to 2028 (US$ Million)
7. South and Central America Aircraft Interface Device Market Analysis – by Platform
7.1 Overview
7.2 South and Central America Aircraft Interface Device Market Breakdown, by Platform, 2021 and 2028
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: South and Central America Aircraft Interface Device Market Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: South and Central America Aircraft Interface Device Market Revenue and Forecast to 2028 (US$ Million)
8. South and Central America Aircraft Interface Device Market Analysis – by Connectivity
8.1 Overview
8.2 South and Central America Aircraft Interface Device Market, by Connectivity (2021 and 2028)
8.3 Wired
8.3.1 Overview
8.3.2 Wired: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Wireless
8.4.1 Overview
8.4.2 Wireless: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
9. South and Central America Aircraft Interface Device Market Analysis – by Fit Type
9.1 Overview
9.2 South and Central America Aircraft Interface Device Market, by Fit Type (2021 and 2028)
9.3 Line Fit
9.3.1 Overview
9.3.2 Line Fit: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Retrofit
9.4.1 Overview
9.4.2 Retrofit: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
10. South and Central America Aircraft Interface Device Market Analysis – by Aircraft Type
10.1 Overview
10.2 South and Central America Aircraft Interface Device Market, by Aircraft Type (2021 and 2028)
10.3 Fixed Wing
10.3.1 Overview
10.3.2 Fixed Wing: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Rotary Wing
10.4.1 Overview
10.4.2 Rotary Wing: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
11. South and Central America Aircraft Interface Device Market – Country Analysis
11.1 SAM: South and Central America Aircraft Interface Device Market
11.1.1 SAM: South and Central America Aircraft Interface Device Market, by Key Country
11.1.1.1 Brazil: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Brazil: South and Central America Aircraft Interface Device Market, By Platform
11.1.1.1.2 Brazil: South and Central America Aircraft Interface Device Market, by Connectivity
11.1.1.1.3 Brazil: South and Central America Aircraft Interface Device Market, by Fit Type
11.1.1.1.4 Brazil: South and Central America Aircraft Interface Device Market, by Aircraft Type
11.1.1.2 Rest of SAM: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Rest of SAM: South and Central America Aircraft Interface Device Market, By Platform
11.1.1.2.2 Rest of SAM: South and Central America Aircraft Interface Device Market, by Connectivity
11.1.1.2.3 Rest of SAM: South and Central America Aircraft Interface Device Market, by Fit Type
11.1.1.2.4 Rest of SAM: South and Central America Aircraft Interface Device Market, by Aircraft Type
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Boeing
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Collins Aerospace
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Honeywell International Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Thales Group
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Viasat, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Anuvu
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. South and Central America Aircraft Interface Device Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. SAM: South and Central America Aircraft Interface Device Market, By Platform– Revenue and Forecast to 2028 (US$ Million)
Table 3. SAM: South and Central America Aircraft Interface Device Market, by Connectivity – Revenue and Forecast to 2028 (US$ Million)
Table 4. SAM: South and Central America Aircraft Interface Device Market, by Fit Type– Revenue and Forecast to 2028 (US$ Million)
Table 5. SAM: South and Central America Aircraft Interface Device Market, by Aircraft Type– Revenue and Forecast to 2028 (US$ Million)
Table 6. Brazil: South and Central America Aircraft Interface Device Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 7. Brazil: South and Central America Aircraft Interface Device Market, by Connectivity – Revenue and Forecast to 2028 (US$ Million)
Table 8. Brazil: South and Central America Aircraft Interface Device Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Brazil: South and Central America Aircraft Interface Device Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: South and Central America Aircraft Interface Device Market, By Platform – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of SAM: South and Central America Aircraft Interface Device Market, by Connectivity – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of SAM: South and Central America Aircraft Interface Device Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of SAM: South and Central America Aircraft Interface Device Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. South and Central America Aircraft Interface Device Market Segmentation
Figure 2. South and Central America Aircraft Interface Device Market Overview
Figure 3. South and Central America Aircraft Interface Device Market – By Platform
Figure 4. South and Central America Aircraft Interface Device Market – By Country
Figure 5. South and Central America Aircraft Interface Device Market - Porter’s five forces
Figure 6. South and Central America Aircraft Interface Device Market – Ecosystem Analysis
Figure 7. South and Central America Aircraft Interface Device Market – Expert Opinion
Figure 8. South and Central America Aircraft Interface Device Market: Impact Analysis of Driver and Restraints
Figure 9. South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. SAM: South and Central America Aircraft Interface Device Market Revenue Share, By Platform (2021 and 2028)
Figure 11. Hardware: South and Central America Aircraft Interface Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Software: South and Central America Aircraft Interface Device Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM: South and Central America Aircraft Interface Device Market Revenue Share, by Connectivity (2021 and 2028)
Figure 14. Wired: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Wireless: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM: South and Central America Aircraft Interface Device Market Revenue Share, by Fit Type (2021 and 2028)
Figure 17. Line Fit : South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Retrofit: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. SAM: South and Central America Aircraft Interface Device Market Revenue Share, by Aircraft Type (2021 and 2028)
Figure 20. Fixed Wing : South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Rotary Wing: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Overview : South and Central America Aircraft Interface Device Market – (US$ Million)
Figure 23. SAM: South and Central America Aircraft Interface Device Market Revenue Share, by Key Country (2021 and 2028)
Figure 24. Brazil: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of SAM: South and Central America Aircraft Interface Device Market – Revenue and Forecast to 2028 (US$ Million)
- Boeing
- Collins Aerospace
- Honeywell International Inc.
- Teledyne Controls LLC
- Thales Group
- Viasat, Inc.
- Anuvu
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South and Central America Aircraft Interface Device Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in South and Central America Aircraft Interface Device Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.