Global Aircraft Flight Control Systems Market was valued at US$10.50 billion in 2017 and is expected to reach US$16.84 billion by 2026 at a CAGR of around 6.08% when forecast.
The global aircraft flight control systems market is segmented by component, platform, type, technology, end user and region. Based on component, the aircraft flight control systems market is categorized into Cockpit Controls, Primary FCC, Secondary FCC, Actuators and Standby Attitude & Air Data Reference Unit. In the platform are separated into Fixed Wing &; Rotating wing. Within Type are segmented into Commercial Fixed Wing Flight Control System, Military Fixed Flight Control System and UAV & Rotary Wing Flight Control System. In technology are divided into Fly by Wire, Power by Wire and Hydro-mechanical Systems & Digital Flight by Wire. In end user are reversed in Line fit & Retrofit. Geographically in North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.
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Aircraft flight control systems market driving factors are due to increase in production of commercial aircraft, increase in adoption of connected aircraft solutions, increase in IT expenditure in emerging countries and technological advancements for workflow optimization that fuel the demand for advanced analytical systems, increased research & development activities aimed at minimizing the weight, drag and fuel consumption of aircrafts, availability of massive amount of sensor generated data and increase in number of airport connections in the respective countries and increasing usage of aircrafts in military applications will drive the aircraft systems market flight control. The limited manufacturing capacity of major aircraft manufacturing companies and the limited service life may hamper the growth of the aircraft flight control systems market.
On the basis of components, the Cockpit Controls segment shares the largest market during the forecast period. Modern aircraft increasingly depend on automation for safe and efficient operation. The increase in aircraft production and delivery around the world due to increased purchases of new aircraft from commercial and domestic airliners and increased global passenger air traffic will create more opportunities in the aircraft flight control systems market.
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In terms of technology, Fly by Wire is expected to witness the fastest growth over the forecast period. Fly-by-wire (FBW) systems have fewer moving parts, less wear and therefore less maintenance. Precision in controlling the movement of the control surfaces and better interface with other aircraft (and engine) systems, including automatic flight control/director systems (what we usually call the autopilot) and in case emergency systems can be shut down and transferred to the pilot will support the aircraft flight control systems market market.
In terms of region, Asia Pacific is expected to grow at the highest CAGR during the forecast period. Emerging economies and a huge increase in passenger traffic and flight hours, an increase in flight frequency as well as a growing preference for air travel, rapid regulatory changes in the region to advance the aviation on the technology front and increasing disposal revenue may lead to the best market expansion in the aircraft flight control systems market.
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Major players operating in the market are BAE Systems, Inc., Honeywell International, Inc., MOOG, Inc., Rockwell Collins, Inc., Safran Electronics & Defense, UTC Aerospace Systems, Parker Hannifin India Pvt. Ltd., Nabtesco Corporation, Liebherr-Aerospace Lindenberg GmbH, Weststar Aviation Services, Mecaer Aviation Group, SAAB AB, Safran SA and UNITED TECHNOLOGIES.
The Scope of the Global Aircraft Flight Control Systems Market Report:
Global Aircraft Flight Control Systems Market, By Component
Air data reference unit
Global Aircraft Flight Control Systems Market, By Platform
Global Aircraft Flight Control Systems Market, By Type
Fixed-wing commercial flight control system
Fixed and UAV military flight control system
Rotary wing flight control system
Global Aircraft Flight Control Systems Market, By Technology
Fly by Wire
Wired digital flight
Global Aircraft Flight Control Systems Market, By End User
Global Aircraft Flight Control Systems Market, By Region
Middle East & Africa
Key Player Analyzed in Global Aircraft Flight Control Systems Market:
BAE Systems, Inc.
Honeywell International, Inc.
Rockwell Collins, Inc.
Safran Electronics & Defense
UTC Aerospace Systems
Parker Hannifin India Pvt. ltd.
Liebherr-Aerospace Lindenberg GmbH
Weststar Aviation Services
Mecaer Aviation Group