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Aircraft Flight Control System (FCS) Market 2020 Analysis by Top Key Players - Rockwell Collins, BAE Systems, Honeywell Aerospace, Moog, SAAB
The report on Aircraft Flight Control System (FCS) Market by QMI aims to provide a thorough overview of various growth dynamics, including key drivers and limiting factors, customer or end-user patterns, and new avenues. The analysis includes statistics related to the revenue shares of key regions in the global market for Aircraft Flight Control System and factors affecting the growth of market during the forecast period.The market was segmented into linefit and retrofit, based on end-user. During the forecast period, the linefit segment is projected to grow at the highest CAGR. Annually increasing the volume of air passengers is fuelling the growth of this market segment.
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Based on type, the aircraft flight control system market has been segmented into military fixed FCS, military UAV FCS, commercial fixed-wing FCS, and rotary-wing FCS. The military segment of the UAV flight control system is projected to grow at a higher CAGR than the commercial fixed-wing flight control system. Increasing demand for UAVs used in tracking and identification.
Understanding this market by different outlooks
An aircraft flight control system is an aircraft-based aerodynamic tool created by the combination of both automation and electro-mechanical skills. The fundamental function of the aircraft flight control system is to assist the pilot with precise command over the flight, along with precise mobility. Aircraft flight control systems consist of a primary flight control system, a secondary flight control system, and an auxiliary flight control system that improves the aircraft's performance and is used to provide stability during turning, spinning, and rolling. With the rise in air traffic worldwide and the growing provision by the military for lightweight and advanced aircraft flight control systems, demand for aircraft control systems is expected to increase during the forecast period.
The Aircraft Flight Control System (FCS) Market is expected to offer high growth due to the growing demand in recent years for lightweight aircraft flight control systems. The growth of the aircraft flight control system market is expected to drive increased demand from applications like commercial, military, general aviation. This sector has seen several primary innovations by major companies including BAE Systems, Mecaer Aviation Group, Honeywell International Inc., Moog Inc., Nabtesco Corporation, and others with an emphasis on both organic and inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East were among the high-potential, high-growth markets in several key economies.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1) Rockwell Collins, Inc.
2) BAE Systems
3) Honeywell International Inc.
4) Moog Inc.
5) Nabtesco Corporation
6) Parker Hannifin Corp
7) Mecaer Aviation Group
8) United Technologies Corporation
9) Liebherr Group
10) Weststar Aviation Services
11) SAAB AB
12) Safran Electronics & Defence
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Significant Factors Impacting Market Growth:
o Rise in demand for lightweight aircraft flight control systems rise in fleet size in emerging markets
o Demand to reducing weight, drag, and fuel consumption of aircraft
o Military forces supplying advanced lightweight aircraft control systems to equip their latest military jets
Important developments:
o In Nov 2016, General Atomics (US) has received a USD 43.7 million US Department of Defense contract to de-risk the US Navy's MQ-25 Stingray Unmanned Carrier Aviation Air System (UCAAS).
o In May 2016, Rockwell Collins has been made the contract by Cessna Aircraft Company to supplied Trimmable Horizontal Stabilizer Actuators (THSA), flap actuating systems, and flight control system subcomponents for the upcoming Cessna Citation Longitude super-midsize business jet.
The North American industry has dominated the advancement of aircraft numbers and the emergence of lightweight jets in this area to help this industry expand. The important variable for market growth is the development of growing programs to modernize the army, including increased procurement of advanced aircraft and aerial vehicles.
Continuous R&D activities in the APAC region are expected to fuel business development to reduce FCS weight and increase supply for the lean FCS market Europe is expected to dominate the global aircraft flight control system market over the projected period. The factor that supports market growth in Europe is the government-applied regulations and laws combined with automotive industry standardization, which have a positive impact on the business.
Companies Covered: Rockwell Collins, Inc., BAE Systems, Honeywell International Inc., Moog Inc., Nabtesco Corporation, Parker Hannifin Corp, Mecaer Aviation Group, United Technologies Corporation, Liebherr Group, Weststar Aviation Services, SAAB AB, Safran Electronics & Defence, and others
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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