Air Data Systems Market Size

Statistics for the 2023 & 2024 Air Data Systems market size, created by Mordor Intelligence™ Industry Reports. Air Data Systems size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Air Data Systems Industry

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Air Data Systems Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 0.87 Billion
Market Size (2029) USD 1.14 Billion
CAGR (2024 - 2029) 5.51 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Air Data Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Air Data Systems Market Analysis

The Air Data Systems Market size is estimated at USD 0.87 billion in 2024, and is expected to reach USD 1.14 billion by 2029, growing at a CAGR of 5.51% during the forecast period (2024-2029).

Air data systems provide vital information for aircraft flight control, such as accurate measurements over a wide range of attack and airspeed angles. Increasing demand for new aircraft by airlines and armed forces across the globe is the major driving factor for the air data systems market. The R&D investments in developing advanced air data systems may further propel the growth of the market in the coming years. 

Technological advancements in cloud computing, artificial intelligence, and real-time data monitoring are a few additional factors boosting the growth of the market. Air data system manufacturers continually update their products to suit their customers' needs with the latest technologies. 

However, developing systems for managing multiple data types, formats, and structures with even better efficiency continues to remain a challenge for manufacturers.

Air Data Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2024 - 2029)