The North America Pitot Tubes Market would witness market growth of 6.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Pitot Tubes Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $104,319.9 Thousands by 2031. The Canada market is experiencing a CAGR of 8.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.5% during (2024 - 2031).
The increasing complexity of modern aircraft systems and the growing focus on safety have fueled the demand for these tubes. These instruments are critical for ensuring the safe operation of aircraft, especially during takeoff, landing, and in-flight maneuvers. Accurate airspeed measurement is critical for safe and efficient flight operations, from commercial airliners to military jets. Since then, it has evolved significantly, transitioning from rudimentary designs to sophisticated instruments integrated into modern aircraft.
Expanding middle-class populations and increasing disposable incomes are factors that are contributing to the rise in the number of passengers who choose to travel via air. As a result, air travel is becoming more accessible and budget-friendly. Consequently, airlines are expanding their fleets, acquiring new aircraft, or upgrading existing ones to accommodate the growing demand. Whether newly manufactured or retrofitted, each aircraft requires reliable airspeed measurement systems to ensure safe and efficient flight operations.
Several factors, including the significant growth in air travel in the United States, drive North America's expanding demand for these tubes. According to the Bureau of Transportation Statistics, U.S. airlines carried 194 million more passengers in 2022 than in 2021, representing a 30% year-to-year increase. Additionally, Canada's aerospace industry is also a key contributor to North America's increasing demand for these tubes. Canada ranks first for civil flight simulator production, third in civil engine production, and fourth in civil aircraft production, according to the International Trade Administration (ITA). The country's aerospace industry contributed over C$27 billion (approximately US$20.8 billion) in GDP, indicating a robust demand for aerospace components such as these tubes. Furthermore, Mexico's aerospace industry is another significant driver of North America's expanding demand for these tubes. The industry has experienced impressive growth, with a 15% average annual export growth from 2010-2020, according to the Mexican Aerospace Industry Federation (FEMIA). The substantial expansion of air travel in the United States, the resilient aerospace sector in Canada, and the remarkable development of Mexico's aerospace industry collectively contribute to the rising demand for these tubes in North America.
Free Valuable Insights: The Pitot Tubes Market is Predict to reach USD 410.1 Million by 2031, at a CAGR of 6.5%
Based on Feature, the market is segmented into Heated, and Unheated. Based on Type, the market is segmented into S Shape Pitot Tubes, L Shape Pitot Tubes, and Others. Based on Application, the market is segmented into Narrow-Body Aircraft, and Wide-Body Aircraft. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Feature
By Type
By Application
By Country
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