The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising aircraft demand is likely to promote innovation in aircraft switch production, propelling the market during the forecast period.

The global aircraft switches market is expected to grow from $2.23 billion in 2022 to $2.34 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The global aircraft switches market size is expected to reach $2.75 billion in 2027 at a CAGR of 4.1%.

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Global Aircraft Switches Market Segments Include:

• By Type: Manual, Automatic
• By Platform: Fixed Wing, Rotary Wing
• By Application: Aircraft Systems, Cockpit, Engine And APU, Avionics, Cabin, Other Applications
• By End-User: Original Equipment Manufacturer (OEM), Aftermarket
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global aircraft switches market in 2021.

Major Market Players in the aircraft switches market include Safran Group, Curtiss-Wright Corporation, Esterline Technologies Corporation, Meggitt PLC, Eaton Corporation, Honeywell International Inc., Collins Aerospace.

Product innovation is a crucial trend that is gaining traction in the aviation switch market. To enhance their position and obtain a competitive advantage, major players in the aeroplane switches market are focusing on producing innovative products. For example, EnOcean GmbH, a wireless services provider based in Germany, introduced the PTM 202 kinetic switch module for radio-based toggle switches in April 2021. It is a battery-free gadget that gets its power from the press of a button. The PTM 202 module is propelled by the electro-dynamic generator ECO 200 by pushing one of its two top sections to the far end position.

The Aircraft Switches Global Market Report 2023  provides a aircraft switches market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The aircraft switches market forecast analyzes aircraft switches market size, aircraft switches market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Aircraft switches are switches that are developed expressly for use in aircraft. They are utilised to regulate the aircraft’s electrical systems and other components. They can also be used to control moveable aircraft parts like landing gear or flaps, which may need to be modified during an emergency landing.

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