Aircraft Sensors Market Panel Type to Reach USD 10.02 Billion in 2030 | Emergen Research
VANCOUVER, B.C., Dec. 21, 2022 /PRNewswire/ -- The aircraft sensors market reached USD 4.40 Billion in 2021 and is expected to register a CAGR of 9.7% during the forecast period, according to latest analysis by Emergen Research .
- VANCOUVER, B.C., Dec. 21, 2022 /PRNewswire/ -- The aircraft sensors market reached USD 4.40 Billion in 2021 and is expected to register a CAGR of 9.7% during the forecast period, according to latest analysis by Emergen Research .
- Technological advancements in Micro-Electrical Mechanical Systems (MEMS) technology are a key factor driving aircraft sensors market revenue growth.
- MEMS are used in aerospace applications to increase performance and prolong durability while providing high-end capability at a low cost.
- The aircraft sensors market is expected to register a CAGR of 9.7% over the forecast period and revenue is projected to increase from USD 4.40 Billion in 2021 to USD 10.02 Billion in 2030.