MarkNtel Advisors recently published a detailed industry analysis of the Global Aviation Digital Maps Software Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Aviation Digital Maps Software Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The Aviation Digital Maps Software Market is projected to grow at a CAGR of around 6.51% during the forecast period, i.e., 2022-27.
Key Findings in Global Aviation Digital Maps Software Market:
- Historical Analysis: 2017–2020
- Base Year: 2021
- Forecast Period: 2022–2027
Leading Market Players- KONGSBERG GEOSPATIAL Ltd., ENSCO, Inc., IDS INGEGNERIA DEI SISTEMI S.P.A., L3Harris Technologies, Inc., Elbit Systems Ltd., Jeppesen – A Boeing Company, Honeywell International Inc., Garmin International, Inc.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Aviation Digital Maps Software industry?
Rising Government Investment in the Aerospace & Defense Industry- The increasing government investment in the development & manufacturing of aircraft across the globe boosted the demand for the integration of digital maps software in aircraft during the historical period. The digital maps software includes AI technology, which helps capture real-time tracking of aircraft, monitoring & capturing of data, and provides reliable conditions to aircraft pilots for the landing of aircraft, in the worst situation. Moreover, increasing military expenditure for fleet size expansion, owing to rising geo-political tension among the companies is further driving the demand for digital maps software in the forecast period. For instance:
- In September 2021, Tata & Airbus signed an agreement of USD2.9 billion with the central government to manufacture C-295 military aircraft in Uttar Pradesh, India.
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What segments define the Global Aviation Digital Maps Software Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Map Type
- 2D
- 3D
According to report, Among the two, the 3D digital map software is anticipated to have considerably high demand in the Global Aviation Digital Maps Software market, due to its enhanced configuration, which further improved the pilot's situational awareness, hence boosting passenger safety.
By End Users
- Commercial Airports
- Aeronautics
- Commercial Aircrafts
- Passenger Aircrafts
- Cargo Jets
- Helicopters
- Military Aircrafts
- Fighter Jets
- Cargo Jets
- Helicopters
- Others (Special Mission Aircrafts & Drones, etc.)
According to report, Of them all, the commercial airports exhibited a considerable demand for digital maps software over the past few years due to the construction of new airports & expansion of runways worldwide.
Explore the Complete Global Aviation Digital Maps Software Market Analysis Report – https://www.marknteladvisors.com/research-library/aviation-digital-maps-software-market.html
Geographical Analysis: Global Aviation Digital Maps Software Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Aviation Digital Maps Software Market Recent Development:
- In 2021, Kongsberg Geospatial Ltd. announced the launch of TerraLens 9.3, the product focused on improving performance for 3D visualization for large viewports & increasing map handling in aircraft.
- In 2019, Honeywell International Inc. Introduced IntuVue RDR-7000 Weather Radar System to assist pilots safely navigating inclement weather, keeping passengers comfortable & get them to their destinations on time. It includes the intuitive display of weather along a flight path to help choose the safest & most comfortable route.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Aviation Digital Maps Software Market?
- How is the Global Aviation Digital Maps Software Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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