Aircraft Ignition System Market Size & Share - Industry Trend and Forecast 2018 - 2026

The report analyzes and presents an overview of "Aircraft Ignition System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Aircraft Ignition System ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Aircraft Ignition System Market: Overview

An ignition system of an internal combustion engine is an important part of the overall engine system. It provides a rapid series of intense sparks that ignites the weakest fuel/air mixtures which are correctly timed in relation to each compression stroke. Thus, an ignition system offers timely burning of the fuel mixture within the engine. Modern airplane engines comprise dual aircraft ignition systems for increased safety and improved engine performance.

Aircraft Ignition System Market: Drivers and Restraints

High penetration of electronic ignition systems to incorporate modern, safety-enhancing technology into the general aviation fleet is expected to be the major factor driving the aircraft ignition system market. This market is currently dominated by magneto systems which do not rely on power from the aircraft electrical system. Therefore, they are unaffected by battery or alternator failure or even if a pilot turns off the electrical master switch in flight. However, these magneto ignition systems are inefficient owing to their fixed firing timing in the combustion cycle. Thus, the altitude of flight or the amount of fuel the engine burns does not affect the magneto systems. On the other hand, electronic ignition systems have variable spark timing and higher spark energy that assures fuel efficiency. Also, it can run without external power similar to magneto systems. Therefore, they are considered to be more reliable and are expected to be increasingly adopted across the world.

The opportunity anticipated to boost the aircraft ignition system market includes its increasing integration in the engine of unmanned aerial vehicles. Unmanned aerial vehicles (UAV) are comparatively cost effective than manned aircrafts and are largely preferred for high altitude flights in electronic warfare missions across the world. Thus, the growth of aircraft ignition systems is expected to be directly proportional to the growth of UAVs in the near future.

Decreasing adoption of traditional magneto ignition systems owing to its mechanically complex and failure prone nature is the major factor expected to limit the growth of the aircraft ignition system market. However, electronic ignition systems are complex to operate and weigh more than a magneto system. Therefore, increasing incorporation of magneto systems in unmanned aerial vehicles owing to its light weight is expected to minimize the impact of its limiting factor.

Aircraft Ignition System Market: Key Segments

The aircraft ignition system market can be classified on the basis of system type, engine type, aircraft type, component, product scale, and geography. On the basis of system type, the aircraft ignition system market can be segmented into electronic and magneto system type. The magneto system type can be further segmented into low tension and high tension magneto systems. On the basis of engine type, the aircraft ignition system market can be segmented into turbine engine and reciprocating engine. In terms of aircraft type, the aircraft ignition system market can be bifurcated into fixed wing aircraft, rotary wing aircraft, and unmanned aerial vehicle. On the basis of component, the aircraft ignition system market can be classified into igniters, exciters, and others. On the basis of product scale, the aircraft ignition system market can be segmented into original equipment manufacturer and aftermarket.

On the basis of geography, the aircraft ignition system market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. North America is expected to be a highly attractive region contributing to the aircraft ignition system market owing to luxurious life-style and high disposable income of the people that is resulting in increased air passenger traffic in the region.

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Aircraft Ignition System Market: Key Players

Prominent players operating in the aircraft ignition system market include Air Power, Inc., Aero International, Inc., Meggitt Aerospace Limited, G3i Limited, Unison Engine Components, Inc., Electro Air Corp, Surefly, Inc., Sky Dynamics Corp, TransDigm Inc. and Woodward, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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