Global Aircraft CPU Market Dynamics, Growth and Forecast Report (2024-2032) | UnivDatos
According to a new report by UnivDatos, Aircraft CPUs are expected to reach USD 1,625.96 Million in 2032 by growing at a CAGR of 4.53%. The rising demand for Aircraft CPUs from e-commerce and freight carriers, as well as supportive government policies, have promulgated sustainable transportation. Additionally, with the pressing need to reduce operational costs, cope with the driver shortage, and provide safer transportation, the demand for Aircraft CPUs is anticipated to grow exponentially.
Growing Demand:
One of the primary factors that have promulgated the market growth of aircraft CPU is the increased need for narrowbody commercial aircraft to reduce operational costs in domestic and international flights. Some of the key aircraft falling under the category are Airbus A320, Airbus A220, Boening B737, etc. For instance, in 2023, InterGlobe Aviation (Indigo) announced the purchase of 500 new Airbus A320 aircraft to expand its low-cost carrier operations in India. The deal is to be executed with a total cost of USD 55 billion.
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Various other factors have also contributed to the surge in the demand for aircraft CPUs due to rising OEM orders for military jets. This is majorly witnessed due to the rising geopolitical tension across the globe, as South China Sea tensions, Russia-Ukraine Conflict, Middle East Crisis, etc. In line with this, many large-scale orders have been announced by the global air forces. For instance, in January 2024, the French government announced the purchase of 42 additional Rafale Jets with a total cost of USD 5.5 billion. The respective aircraft will be delivered between 2027 to 2032.
In another instance, in 2023, the Defense Acquisition Council of India announced the purchase of 97 additional Tejas fighter jets and 156 Prachand attack helicopters. Both aircraft are domestically produced in India and would cost approximately USD 13 billion.
Additionally, various government policies, as well as regulatory support, are also developing frameworks to support the deployment of Aircraft CPUs. This also includes guidelines for testing and operations, which would help the ecosystem of aircraft demand to grow and help the Aircraft CPU market in the long run.
Applications:
Aircraft CPUs are designed for specialized operations and tasks to be performed in an aircraft. Some of the specialized processing leads to the deployment of an engine management processor, a radar processing CPU, a display processor, etc. Additionally, the industry has started shifting from single-core processors to dual and multi-core processors due to the increasing reliability of the same. The need for higher processing power has also grown due to incessantly growing digitalization and industry shift from analog systems. This is majorly done to provide a cohesive ecosystem that can reduce the hassle of operating multiple switches and knobs at the same time and displaying most of the functions on display. This has significantly reduced the reaction time of the pilots. Aircraft such as the Lockheed Marting F35 offer single panoramic displays to show all the options, images, and controls to reduce the pilots' reaction time. Another leading example is Dassault Rafale, which has integrated only three displays with a reduced number of switches to provide an immersive experience to the pilots.
Considering the shift in aircraft cockpits, it is expected that the digital devices and processing needs in the aircraft will considerably increase, thereby leading to promoting the need for higher processing CPUs in the coming years.
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Technological Innovation:
Growing demand for open mission processors is one of the key advancements that has been noticed in recent years. This type of processor offers an open architecture offering the flexibility of upgradability and sustainability. It also offers a mission and graphics processing platform for integration of onboard sensors, data links, and defensive avionics implementing software. The open architecture also helps it be used on similar categories of aircraft with different operational requirements, offering the forces greater flexibility. Additionally, there is a rising trend towards unmanned aerial vehicles for reconnaissance and aerial attacks, which would further increase the need for aircraft CPUs with greater processing power and better connectivity options for long-range operations. This would further improve and assist market growth in the forecasted years, i.e., 2024-2032.
Conclusion:
In conclusion, the Global Aircraft CPU market is poised for continued growth and innovation driven by economic expansion, aircraft digital cockpit upgradation, technological advancements, and sustainable practices. The increasing demand for commercial aviation, as well as the need for improved autonomous aircraft and unmanned aerial options, underscores the pivotal role of aircraft CPU across the globe. As stakeholders navigate challenges such as cost management, regulatory compliance, and market competitiveness, collaborations, investments in Aircraft CPU infrastructure, and rising demand for military aircraft would also play a vital role in shaping the future of the Global Aircraft CPU market, ensuring its resilience and contribution to the global aviation landscape.
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