Aircraft Cockpit Systems Market Size (2024 - 2029)

Aircraft Cockpit Systems Market Analysis

The Aircraft Cockpit Systems Market size is estimated at USD 83.57 billion in 2024, and is expected to reach USD 102.98 billion by 2029, growing at a CAGR of 4.27% during the forecast period (2024-2029).

The COVID-19 pandemic had a significant effect on the aircraft cockpit systems market. The onset of COVID-19 led to lockdowns in various countries, and this led to restrictions in terms of travel or trade between countries, leading to shortages in the end components for manufacturing aircraft cockpit systems and delays in terms of manufacturing of the end product by the original equipment manufacturers (OEMs). Moreover, the pandemic led to supply chain disruptions and production-related issues in the military aircraft segment.

On the other hand, though the orders and deliveries of general aviation aircraft witnessed a decline in 2020 compared to 2019, there is a growth in demand for helicopters and business jets to transport medical supplies, cargo charter operations, and VIP transport. This is expected to help the growth of the aircraft cockpit systems market.

Though there were supply chain disruptions and production-related issues in the military aircraft segment, military aircraft demand has not been affected as countries did not postpone or cancel their procurements due to the criticality and tactical importance of the requirements. Thus, the advancement in terms of manufacturing aircraft cockpit systems using advanced technologies will lead to the growth of the aircraft cockpit systems market during the forecast period.

Aircraft Cockpit Systems Industry Segmentation

A cockpit or flight deck is the area, usually near the front of an aircraft or spacecraft, from which a pilot controls the aircraft. The cockpit of an aircraft contains flight instruments on an instrument panel and the controls that enable the pilot to fly the aircraft.

The market has been segmented by rotor type, aircraft type, display, and geography. By rotor type, the market has been segmented into fixed-wing aircraft and rotary-wing aircraft. By aircraft type, the market has been segmented into passenger aircraft, military aircraft, business aircraft, and cargo aircraft. By display, the market has been segmented into digital and analog. The report also covers the market sizes and forecasts for the aircraft cockpit systems market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).