Global Aircraft Ignition System Market: Continued Product Development Bodes Well for Growth

MarketResearchReports.Biz has recently announced the Latest industry research report on: “Aircraft Ignition System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”.

A report recently added to MarketResearchReports.biz’s vast repository, titled, “Aircraft Ignition System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2026,” discusses the aircraft ignition system market in details. Most aircrafts these days, consist of the dual aircraft ignition systems for better performance of the engine and additional safety, states the report.

As per it, the global aircraft ignition systems market is benefitting from the continued technological improvements being incorporated into the products. Besides, increasing aircraft deliveries and UAVs (unmanned aerial vehicles) is also having a positive impact on demand and sales. UAVs are less expensive to operate than manned aircrafts and hence are seeing high uptake for surveillance, electronic warfare, and strike missions. This rising usage of UAVs in the commercial and military sectors is benefitting the global aircraft ignition system market.

The two types of system on the basis of which the global aircraft ignition system market can be classified are magneto system and electronic system. The former can again be classified into high tension and low tension magneto systems. At present the magneto systems are witnessing greater adoption since they do not depend on power from the aircraft electrical system. Hence, they remain unaffected by alternator or battery failure. Their one drawback is their inefficiency owing to the fixed firing timing in the combustion cycle. Electronic ignition systems, on the other hand, have higher spark energy and variable spark timing. Besides, it brings about fuel efficiency as well.

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Additionally, like magneto systems they can run sans external power and thus are more reliable.

Owing to such USPs of the electronic ignition systems, the global aircraft ignition system market would see a continued growth in sales the next couple of years. 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.

Depending upon the type of engine, the global aircraft ignition system market can be segmented into exciters, ignitors, and others. The two key end users in the market are original equipment manufacturer and aftermarket. The aftermarket consists of replacement of parts and maintenance services for installed components.

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From a geographical standpoint, North America currently leads the global aircraft ignition system market. This is because of the high disposable incomes of people in the region which leads to high frequency of air travel.

Some of the prominent participants in the global aircraft iginition system market that have been profiled in the report are Air Power, Inc., Meggitt Aerospace Limited, Aero International, Inc., G3i Limited, Unison Engine Components, Inc., Electro Air Corp, Surefly, Inc., Woodward, Inc., Sky Dynamics Corp, and TransDigm Inc. The report studies their products offerings, market share, and revenues.

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