The aviation headsets market is projected to register a CAGR of 5.65% during the forecast period.
The COVID-19 pandemic resulted in a full-scale crisis, with the imposition of travel restrictions and suspension of flights in a global effort to contain the spread of the virus. The aviation industry was in survival mode, crippled by traffic loss and revenues in 2020. This subsequently affected the aircraft deliveries and revenues of tier-1 suppliers of aircraft programs. However, the aviation industry gradually recovered from the pandemic in 2021, resulting in increased aircraft deliveries. This recovery in the aviation industry and aircraft deliveries is propelling the demand for aviation headset.
Prominent players in the market are inclined towards the research and development of aviation headset, active noise cancellation aviation headsets are gaining traction in the market which is further supplemented by the increasing aircraft delivery in the Commercial, military, and general aviation segments which is anticipated to drive the market in the coming year.
With the growth in orders, aircraft OEMs are increasing the production rates of aircraft above pre-pandemic levels. Airbus plans to raise the output of its A320 family to 65 jets per month by 2023. It is considering rates as high as 75 per month by 2025. It reached 60 per month in 2019 before dropping to 40 per month in 2020 due to the COVID-19 pandemic.
The increase in aircraft delivery will directly boost the aviation headset market in the coming year.
In 2020, air passengers carried to China were 417 million. The number of air passengers in China increased from 72.7 million in 2001 to 417 million in 2020, growing at an average annual rate of 10.64%. As of 2020, China had 6,795 civil aircraft, an increase of 270 airplanes from the previous year. The number of civil aircraft in China has been soaring over the past 30 years, and the length of China's civil aviation routes has followed the same growth trend. For instance, In November 2021, China Airlines, based in Taiwan, received the delivery of its first A321neo passenger aircraft on November 29, Hamburg time. The new fleet emphasizes contactless service and enhanced epidemic prevention measures. The A321neo comes with bose ProFlight Series 2 Aviation Headset.
At the end of the fiscal year 2020, the total number of passengers transported by Air India was over 22 million, most of which were domestic. In that year, over seven million international passengers were transported. The increase in air traffic will lead to procuring of more aircraft to cater to the need of the passenger, which will directly supplement the growth of aviation headset market in Asia-Pacific region.
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The COVID-19 pandemic resulted in a full-scale crisis, with the imposition of travel restrictions and suspension of flights in a global effort to contain the spread of the virus. The aviation industry was in survival mode, crippled by traffic loss and revenues in 2020. This subsequently affected the aircraft deliveries and revenues of tier-1 suppliers of aircraft programs. However, the aviation industry gradually recovered from the pandemic in 2021, resulting in increased aircraft deliveries. This recovery in the aviation industry and aircraft deliveries is propelling the demand for aviation headset.
Prominent players in the market are inclined towards the research and development of aviation headset, active noise cancellation aviation headsets are gaining traction in the market which is further supplemented by the increasing aircraft delivery in the Commercial, military, and general aviation segments which is anticipated to drive the market in the coming year.
Aviation Headsets Market Trends
Reviving Aircraft Deliveries And Increasing Emphasis From Airline Companies
The gradual recovery in passenger traffic is driving airlines and aircraft operators to invest in fleet modernization programs. For instance, in June 2021, United Airlines announced accelerating the deferred aircraft order for 45 Boeing 737 MAX deliveries to 2022 and 2023 (from 2023 and beyond). The airline also ordered 200 Boeing 737 MAX aircraft (150 Boeing 737-10 aircraft and 50 Boeing 737-8 aircraft and 70 Airbus A321neo aircraft). The fleet expansion is part of the airline’s post-COVID-19 growth strategy.With the growth in orders, aircraft OEMs are increasing the production rates of aircraft above pre-pandemic levels. Airbus plans to raise the output of its A320 family to 65 jets per month by 2023. It is considering rates as high as 75 per month by 2025. It reached 60 per month in 2019 before dropping to 40 per month in 2020 due to the COVID-19 pandemic.
The increase in aircraft delivery will directly boost the aviation headset market in the coming year.
Asia-Pacific will witness the Highest Growth During the Forecast Period
Asia-pacific will show a higher growth rate in the coming year due to various factors. The Asia-pacific includes top population countries where the air traffic passenger is increasing year on year.In 2020, air passengers carried to China were 417 million. The number of air passengers in China increased from 72.7 million in 2001 to 417 million in 2020, growing at an average annual rate of 10.64%. As of 2020, China had 6,795 civil aircraft, an increase of 270 airplanes from the previous year. The number of civil aircraft in China has been soaring over the past 30 years, and the length of China's civil aviation routes has followed the same growth trend. For instance, In November 2021, China Airlines, based in Taiwan, received the delivery of its first A321neo passenger aircraft on November 29, Hamburg time. The new fleet emphasizes contactless service and enhanced epidemic prevention measures. The A321neo comes with bose ProFlight Series 2 Aviation Headset.
At the end of the fiscal year 2020, the total number of passengers transported by Air India was over 22 million, most of which were domestic. In that year, over seven million international passengers were transported. The increase in air traffic will lead to procuring of more aircraft to cater to the need of the passenger, which will directly supplement the growth of aviation headset market in Asia-Pacific region.
Aviation Headsets Market Competitor Analysis
Aviation Headsets Market is moderately fragmented. David Clark Company Inc., Bose Corporation, Sennheiser Electronic GmbH & Co. KG, Bosch Sicherheitssysteme GmbH, Clarity Aloft Technologies Inc., the 3M Company, Telex Communications Inc., Lightspeed Aviation Inc., Faro Aviation LL, Pilot Communications USA, MicroAvionics UK Ltd., Flightcom Corporation, AKG Acoustics GmbH, Sonova Communications AG Etc are the some of the player operating in the market. With technologies, like IoT and other cloud-based applications, companies are continuously improving and developing new technologies and systems in the market. Players make sure their products are continually evolving, to match the trends in the industry to gain a stronger foothold in the market by attracting new customers.Additional benefits of purchasing the report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
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Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- David Clark Company Inc.
- Bose Corporation
- Sennheiser Electronic GmbH & Co. KG
- Bosch Sicherheitssysteme GmbH
- Clarity Aloft Technologies Inc.
- The 3M Company
- Telex Communications Inc.
- Lightspeed Aviation Inc.
- Faro Aviation LLC
- Pilot Communications USA
- MicroAvionics UK Ltd.
- Flightcom Corporation
- AKG Acoustics GmbH
- Sonova Communications AG
Methodology
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