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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.
LPI (LP Information)' newest research report, the "Aircraft Altimeter and Pitot Tube Industry Forecast" looks at past sales and reviews total world Aircraft Altimeter and Pitot Tube sales in 2022, providing a comprehensive analysis by region and market sector of projected Aircraft Altimeter and Pitot Tube sales for 2023 through 2029. With Aircraft Altimeter and Pitot Tube sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aircraft Altimeter and Pitot Tube industry.
This Insight Report provides a comprehensive analysis of the global Aircraft Altimeter and Pitot Tube landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aircraft Altimeter and Pitot Tube portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aircraft Altimeter and Pitot Tube market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aircraft Altimeter and Pitot Tube and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aircraft Altimeter and Pitot Tube.
The global Aircraft Altimeter and Pitot Tube market size is projected to grow from US$ 327.9 million in 2022 to US$ 386.3 million in 2029; it is expected to grow at a CAGR of 386.3 from 2023 to 2029.
The Americas accounted for the maximum shares of the airplane altimeter market during 2017. Our analysts have predicted that the market will will witness steady growth in the Americas during the next five years and this will mainly attribute to the high growth potential for aircraft OEMs and systems and equipment suppliers in this region.
This report presents a comprehensive overview, market shares, and growth opportunities of Aircraft Altimeter and Pitot Tube market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Aircraft Altimeter
- Aircraft Pitot Tube
Segmentation by application
- Narrow-Body Aircraft
- Wide-Body Aircraft
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- United Technologies (UTC)
- Honeywell International
- Rockwell Collins
- Thales Group
- Transdigm Group (Aerosonic)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aircraft Altimeter and Pitot Tube market?
What factors are driving Aircraft Altimeter and Pitot Tube market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aircraft Altimeter and Pitot Tube market opportunities vary by end market size?
How does Aircraft Altimeter and Pitot Tube break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?