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Aircraft Flight Control System Market by Component, Type, Technology, End User, Platform And Region - Global Forecast to 2023

Aircraft Flight Control System Market: Global Forecast until 2023

  • June 2018
  • 155 pages
  • ID: 4507367
In this report:
According to Airbus (Outlook 2016), ##,## single aisle aircraft, ##,## twin aisle aircraft, and ##,## very large aircraft are expected to be delivered between 2016 and 2035 globally, with single aisle aircraft accounting for the largest share of ##% of the total aircraft deliveries.
According to a study conducted by the International Air Transport Association (IATA) in May 2015, the number of air passengers is expected to be over ## billion by 2035, with a growth rate of ##.##% per annum.

Summary

Table of Contents

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Increasing aircraft orders is one of the main factors driving the aircraft flight control system market.

The aircraft flight control system market is forecasted to grow from an estimated ~$11.5B in 2018 to ~$13.7B by 2023, at a compound annual growth rate (CAGR) of 3.52% during the forecast horizon. The aircraft flight control system market is mainly influenced by the growth in aircraft orders. Nevertheless, existing backlogs of aircraft deliveries are selecting the increase of the aircraft flight control system market.

Primary flight control computer segment is forecasted to lead the aircraft flight control system market during the estimate period.

Established on component, the primary flight control computer segment is projected to dominate the aircraft flight control system market during the outlook period, due to the rise of commercial aircraft orders and the growing MRO services in regions including Asia Pacific.

Established on technology, the fly by wire segment is forecasted to dominate the aircraft flight control system market during the estimate period.

Established on technology, the fly by wire segment is expected to dominate the aircraft flight control system market during the outlook period.Fly- by wire systems are reliable in adverse environmental condition with good signal transmission capability.

Owing to this, fly by wire is the most widely used flight control technology in the aviation market.

Established on platform, the fixed wing segment is expected to lead the aircraft flight control system market during the estimate period.

Established on platform, the fixed wing segment is forecasted to lead the aircraft flight control system market during the outlook period. The aircraft flight control system market is mainly influenced by the rise in orders of new fixed wing aircraft and rising upgradation activities for older fixed wing aircraft.

Established on final user, linefit segment is projected to dominate the aircraft flight control system market during the estimate period.

Established on end-user, the linefit segment is forecasted to dominate the aircraft flight control system market during the outlook period.The linefit aircraft flight control system market is mainly influenced by the growth in new aircraft orders on account of growing demand from commercial airliners due to rising air passenger traffic.

The retrofit segment is influenced by the growing upgradations of older aircraft.

Asia Pacific aircraft flight control system market is anticipated to grow at the highest CAGR (Compound annual growth rate) during the estimate period.

The Asia Pacific aircraft flight control system market is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period.The aircraft flight control system market in APAC has been studied for China (CN), India (IN), and Japan (JP), among others.

The aviation sector in the Asia Pacific area has witnessed considerable increase in the past few years, owing to an rise in passenger traffic, presence of attractive tourist destinations, and upgrades of existing aircraft.The market demand for aircraft is leading to an growth in the industry demand for aircraft flight control system, and main manufacturers, including Parker Hannifin, are focusing on rising their share of market.

Therefore, the Asia Pacific area is forecasted to be the quickest-increasing aircraft flight control system market.

Distribution of profile of primary members taking part in the aircraft flight control system market:

• By Company category: Tier 1 - 55.0 percent, Tier 2 - 20.0 percent, and Tier 3 - 25.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

• By Area: North America (NA) - 45.0 percent, EU - 20.0 percent, Asia-Pac - 30.0 percent, RoW - 5.0 percent

Top actors in the aircraft flight control system market contain Parker Hannifin Corporation, Honeywell and Moog.

Segment Research

This market report classifies the aircraft flight control system market based on platform, category (commercial fixed wing flight control system, military fixed flight control system, military UAV flight control system, rotary wing flight control system), component (cockpit controls, primary flight control computer, secondary flight control computer, elevator actuators, trim hydraulic stabilizers actuators, aileron actuators, spoiler actuators, trim actuators, standby attitude and air data reference unit, others), and end user, and maps these segments and sub-segments across main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Why acquiring this study can help you:

From an insight prospect, this market research highlights on different levels of analyses - industry study, market share research of top players, company descriptions, coming out and high-growth segments of the market, high-growth areas, and sector drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• business entry: Exhaustive information about aircraft flight control systems provided by the top actors in the sector

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, research & growth activities, and recent product launches in the aircraft flight control system market

• Market Development: Highlighted information about lucrative industries - the market research examines the industries for aircraft flight control system across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the aircraft flight control system market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the aircraft flight control system market

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