On-board Altimeter Market
On-board Altimeter Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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On-board Altimeter Market Size and Growth
The On-board Altimeter market is experiencing robust growth, driven by advancements in aviation technology and increasing demand for precise altitude measurement in aerospace. The market size is projected to reach approximately $1.2 billion by 2025, reflecting a CAGR of 5.8%. Key trends include integration with automation systems and enhanced safety features.
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Companies Covered
(Covid 19 Impact Covered)
◍ Collins
◍ Honeywell
◍ Thales
The on-board altimeter market features key players like Collins, Honeywell, and Thales, who enhance aviation safety and performance through advanced altimeter technologies. Their innovations drive market growth by improving accuracy and reliability, while their robust sales contribute to increasing demand for highperformance altimeters. Sales figures include:
- Collins: $8 billion
- Honeywell: $36 billion
- Thales: $18 billion
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Market Segmentation
By Application
Commercial Aircraft
Helicopter
By Product
◍ Barometric Altimeter ◍ Radio Altimeter
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GNSS (GPS, Galileo, etc)
Laser Altimeter
Others
Market Growth
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$ X Billion USD
