Exploring Aviation Digital Maps Software Market Opportunity, Latest Trends, Demand, and Development By 2027- MarkNtel Advisors

 According to Markntel Advisors Report, Aviation Digital Maps Software Market is expected to grow at a significant growth rate, and the analysis period is 2022-2027, considering the base year as 2021.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Map software aids in the real-time location of airplanes on a map. It also helps in the portrayal of dynamic terminal maps to improve pilot situational awareness during ground movements. There are two types of digital map software, i.e., 2D & 3D, where a 3D map provides a high-resolution image, showcasing images at 60cm. Several companies are offering 3D map software such as VTOL 3D map, IdataMap, etc. The Global Aviation Digital Maps Software market is increasing due to the growing demand for tracking & monitoring air traffic in various industries across the globe.

 

Global Aviation Digital Maps Software Market Research Report & Summary:

The Global Aviation Digital Maps Software Market is projected to grow at a CAGR of around 6.51% during the forecast period, i.e., 2022-27.        

Time Period Captured in the Report:

·        Historical Years: 2017-20

·        Base Years: 2021

·        Forecast Years: 2022-27 

Who are the Key Players Operating in the Aviation Digital Maps Software Market?

The top companies of the Aviation Digital Maps Software Market ruling the industry are: 

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.

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What is Included in Aviation Digital Maps Software Market Segmentation?

The Aviation Digital Maps Software Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Map Type
• 2D
• 3D
• 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.)
• By Region
• North America
• Latin America
• Europe
• Asia-Pacific
• The Middle East & Africa

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Market Dynamics:

Key Driver: 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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