Aircraft CPU Market: Current Analysis and Forecast (2024-2032)
$3999 – $6999
Emphasis on Type (Single Core, Dual Core, Multi-Core); By Aircraft Type (Commercial, Military); and Regions (North America (The US, Canada, Rest of North America), Europe (Germany, The UK, France, Russia, Rest of the Europe), Asia-pacific (China, Japan, India, Rest of the Asia-pacific), Rest of the World)
Pages: | 120 |
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Table: | 23ss |
Figure: | 24 |
Report ID: | UMAD212799 |
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Report Description
Global Aircraft CPU Market Size & Forecast
The Global Aircraft CPU Market was valued at USD 1,091.24 million in 2023 and is expected to grow at a strong CAGR of around 4.53% during the forecast period (2024-2032) owing to rising demand for commercial and next-generation military jets across the globe.
Global Aircraft CPU Market Analysis
Aircraft CPUs or central processing units are semiconductor chips that act as a control center for all the processing and computing in an aircraft. They interpret, process, and execute all the software and hardware programs running through multiple devices in an aircraft.
The Global Aircraft CPU market was valued at USD 1,091.24 million in 2023 and is expected to grow at a strong CAGR of around 4.53% during the forecast period (2024-2032). One of the factors that have contributed to the market growth is the rising geopolitical tension; many countries across the globe have initiated fortifying their air prowess with the addition of new fighter jets. Major countries, such as the US, China, Russia, India, the UK, Germany, etc., have increased their budgetary allocation towards capital expenditure on new weapons and platform purchases.
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.
Global Aircraft CPU Market Trends
This section discusses the key market trends that are influencing the various segments of the Global Aircraft CPU Market as identified by our team of research experts.
Integration of Autonomous technologies requiring faster CPU options
Autonomous aircraft such as UAVs for reconnaissance, attack, and aerial mapping have marked their presence in some of the leading air forces across the globe. With the looming threats on military installations as well as reducing the risk of losing the pilot in air-to-air combat, a constant shift towards unmanned aerial vehicles has been observed. These platforms are operated through satellite and remote operators from distant locations, requiring extensive processing as well as uninterrupted connectivity. Considering the reliance on connectivity and a greater degree of processing, the upcoming UAVs would require multi-core processors for efficient working.
North America is Expected to Hold Major Market Share During Forecast Period
North America is home to one of the largest markets for commercial aircraft and military aircraft. The region has some of the largest aircraft manufacturers, such as Boeing, Lockheed Martin, etc., which has provided a robust need for CPUs for in-cockpit operations. The US has been the major market for military fighter jets such as F16, F18, F35, F22, E-18, Apache, and Chinook helicopters, etc. With the rising need to cope with geopolitical tensions, the region has seen a surge in the need for new jets. For instance, in 2024, the US Air Force announced it had given a contract of USD 13 billion to Sierra Nevada Corp for the development of a successor of the E-4B aircraft (Doomsday Aircraft).
In another instance, in 2023, the US Air Force demanded the acquisition of 72 new fighter jets from Congress. The new demand is additional as compared to the request originally asked for 33 new F-35As and 24 F-15EXs — 57 in all.
Global Aircraft CPU Industry Overview
The Global Aircraft CPU market is competitive and fragmented, with the presence of several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are Pythium Technologies Co. Ltd., NXP Semiconductor N.V., L3harris Technologies, ARM Ltd., Intel Corporation, Qualcomm Inc., and Advanced Micro Devices Inc.
Global Aircraft CPU Market News
In 2024, the United Kingdom reiterated its plans to procure 138 F-35B aircraft from the US. The procurement of aircraft is in line with the growing need to improve air superiority amid the looming security threat in the European region.
In 2024, Taiwan’s Eva Airways Corp announced the purchase of 33 new Airbus A320 aircraft with a total cost of USD 10.1 billion. According to the company the purchase would significantly reduce the carbon emission and would cater to the sustainability goals set by it.
Global Aircraft CPU Market Report Coverage
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The Global Aircraft CPU market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs; hence, feel free to connect with us to get a report that completely suits your requirements.
Frequently Asked Questions (FAQ)
Ans: The Global Aircraft CPU market was valued at USD 1,091.24 Million in 2023 and is expected to grow at a CAGR of 4.53% during the forecast period (2024-2032).
Ans: Growing demand for Low-cost transport vehicles and technological development are some of the key driving factors for the growth.
Ans: Dual-Core segment has the largest share of the Global Aircraft CPU market by type.
Ans: North America is expected to dominate the market during the forecast period. Q1: What is the current market size and growth potential of the Global Aircraft CPU market?
Q2: What are the driving factors for the growth of the Global Aircraft CPU market?
Q3: Which segment has the largest share of the Global Aircraft CPU market by type?
Q4: Which region will dominate the Global Aircraft CPU market?
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Research Methodology
Research Methodology for the Global Aircraft CPU Market Analysis (2024-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the Global Aircraft CPU market were the three major steps undertaken to create and analyze the adoption of Global Aircraft CPU in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Global Aircraft CPU market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the Global Aircraft CPU market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Global Aircraft CPU market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as type and by type of aircraft. Further regional/country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Global Aircraft CPU market. Further, we conducted factor analysis using dependent and independent variables such as type and by type of aircraft in the Global Aircraft CPU market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Global Aircraft CPU market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Global Aircraft CPU market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques, i.e., the top-down/bottom-up approach, were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the Global Aircraft CPU market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the Global Aircraft CPU market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs), including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the Global Aircraft CPU market. Data was split into several segments and sub-segments after studying various parameters and trends in the type and by type of aircraft in the Global Aircraft CPU market.
The main objective of the Global Aircraft CPU Market Study
The current & future market trends of the Global Aircraft CPU market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the Global Aircraft CPU market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
- Segments in the study include areas of type and by type of aircraft.
- Define and analyze the regulatory framework for the Global Aircraft CPU
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the Global Aircraft CPU market for the major regions.
- Major countries of regions studied in the report include North America (The US, Canada, and Rest of North America), Europe (The UK, France, Germany, Russia, Rest of Europe), Asia-pacific (China, Japan, India, Rest of the Asia-pacific), Rest of the World
- Company profiles of the Global Aircraft CPU market and the growth strategies adopted by the market players to sustain in the fast-growing market.
- Deep dive regional level analysis of the industry
You can also purchase parts of this report. Do you want to check out a section wise
price list?
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