Fiber optics market for military and commercial aircraft to grow to $703 million by 2013, IGI predicts
BOSTON, 30 April 2010.The aerospace and defense market for fiber optic components, subsystems, and systems is increasing as military and aerospace budgets continue to remain strong despite cutbacks in major programs, say analysts at Information Gatekeepers Inc. (IGI) in Boston.
BOSTON, 30 April 2010.The market for aerospace and military fiber optic components, subsystems, and systems is increasing as military and aerospace budgets continue to remain strong despite cutbacks in major programs, say analysts at Information Gatekeepers Inc. (IGI) in Boston.
The total market for military and commercial aircraft fiber optics -- including fighter aircraft, transport aircraft, UAVs, and commercial aircraft -- was $306 million in 2009, and will grow to $703 million in 2013, IGI analysts predict.
The fastest growing military market for fiber optics is unmanned aerial vehicles (UAVs), while a large market is emerging for fiber optics in large commercial aircraft, regional jets, private jets, helicopters, and small aircraft of all types, IGI analysts say.
Barriers to acceptance of fiber optics in aerospace and defense applications are coming down due to wide acceptance in the telecommunications field; there is a continuing need for lower weight, size, and power consumption in manned and unmanned aircraft; and there is an ever increasing need for more bandwidth, IGI analysts point out.
Much of the commercial needs in fiber optics will be drawn from the military market but special requirements such an inflight entertainment systems (IFE), Electronic flight bag (EFB) and other applications will develop at lower cost than for military and aerospace systems.
For more information, contact Information Gatekeepers Inc. online at www.igigroup.com.