Aircraft Flight Control System Market by Component Cockpit Controls, Primary FCC, Secondary FCC,
Based on type, the aircraft flight control system market has been segmented into commercial fixed wing flight control system, military fixed wing flight control system, rotary wing flight control system and military UAV flight control system. The military UAV flight control system segment is projected to grow at a higher CAGR as compared to the commercial fixed wing flight control system from 2018 to 2023.
Ask for PDF Brochure @ : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117067292#utm_source=OpenPR&utm_medium=referral&utm_campaign=paidpr
Increasing demand for military UAV's used in surveillance and reconnaissance from the North American and European regions is fueling the growth of this segment of the market.
Based on end user, the linefit segment of the aircraft flight control system market is projected to grow at the highest CAGR from 2018 to 2023
Based on enduser, the market has been segmented into linefit and retrofit. The linefit segment is projected to grow at the highest CAGR during the forecast period. Increasing air passenger volume year on year is fueling the growth of this segment of the market.
Aircraft flight control systems market in the Asia Pacific is expected to witness the highest growth during the forecast period
Aircraft Flight Control System Market
The geographical analysis of the aircraft flight control system market includes regions such as North America, Europe, Asia Pacific, and Rest of the World (RoW). The North America region accounted for the largest share of the aircraft flight control system market in 2017. However, the Asia Pacific aircraft flight control system market is projected to grow at the highest CAGR during the forecast period due to the increase in passenger traffic and military aircraft in countries such as India, China, and Russia.
Driver: Increasing aircraft orders and deliveries
The rise in per capita income across countries has made air travel more affordable. This has further contributed to the increase in air passenger traffic, globally. According to study by the IATA conducted in May 2015, the number of passengers is expected to be greater than seven billion by 2035, with a growth of 4.1% per annum. The commercial aviation market is expected to triple in demand over the next 20 to 30 Furthermore, there has been an increase in the profitability of airliners due increased fuel efficiency of aircraft operations. Aircraft operational efficiency is determined by factors such as aircraft design, navigation & flight paths, and weather conditions. Advancement in navigational technologies, along with efficient aircraft operations such as flight operations, technical operations, and ground operations have enhanced the efficiency of aircraft operations. These factors have led to increasing aircraft orders across the globe, which is expected to impact the global aircraft flight control system market in near future.
Opportunity: New aircraft manufacturers in Asia Pacific
Emerging aircraft manufacturers in Asia Pacific and Latin America is one of the major opportunities for the growth of the aircraft flight control system market in the coming years. Commercial Aircraft Corporation of China, Ltd. (COMAC) of China, Embraer SA (Brazil), and Mitsubishi Aircraft Corporation (Japan) are some of the new companies operational in the manufacturing of aircraft. Mitsubishi Aircraft Corporation is engaged in the production of regional aircrafts, while COMAC manufactures commercial, business, and regional aircrafts. Rise in the demand for commercial aircraft, business jets, and regional transport aircrafts, owing to increased air passenger traffic is expected to provide these manufacturers growth opportunities for the production of new aircraft, and consequently lead to growth of the aircraft flight control system market during the forecast period.
Challenge: Stringent regulatory norms
The aviation industry is one of the highly regulated industries, mainly due to the inherent risk associated with flight operations. A multitude of bilateral, national, and international regulations and standards bind actions of aircraft and aircraft component manufacturers, including aircraft flight control system manufacturing companies. Countries across the globe have different regulatory bodies governing the safety levels associated with aircraft operation
Regional market shares and CAGRs of the Aircraft Flight Control System Market
Aircraft Flight Control System Market
Mr. Sanjay Gupta
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aircraft Flight Control System Market by Component Cockpit Controls, Primary FCC, Secondary FCC, here
News-ID: 1979141 • Views: 266
More Releases from MarketsandMarkets
Laboratory Information Systems (LIS) Market worth $2.4 billion by 2026 - Size, I …
According to the new market research report "Laboratory Information Systems (LIS) Market by Product (Standalone, Integrated), Component (Services, Software), Delivery Mode (On-premise, Cloud-based), End User (Hospital Labs, Independent Labs, POLs, Other End Users) & Region - Global Forecasts to 2026", published by MarketsandMarkets™, the global LIS Market is projected to reach USD 2.4 billion by 2026 from an estimated USD 1.5 billion in 2021, at a CAGR of 9.0%. Browse in-depth
Urinalysis Market worth $4.9 billion by 2026 - Size, Industry Trends, Key Player …
According to the new market research report "Urinalysis Market by Product (Dipsticks, Pregnancy & Fertility Kits, Reagents, Disposables, Automated, Semi-automated, POC Analyzers), Application (UTI, Diabetes, Kidney Diseases), End User (Hospitals, Labs, Homecare) & Test Type - Global Forecast to 2026", published by MarketsandMarkets™, the global market is projected to reach USD 4.9 billion by 2026 from USD 3.5 billion in 2021, at a 7.2% CAGR. Browse in-depth TOC on "Urinalysis Market" 229
Anti-Counterfeit Packaging Market | Key players operating in the market include …
According to recent market research "Anti-counterfeit Packaging Market by Technology (Mass Encoding, RFID, Tamper Evidence, Hologram, Forensic Markers), by End-use Industry ( Food & beverage, Pharmaceuticals, Electrical & Electronics, Automotive, Luxury goods, Apparel & Footwear), and region – Global Forecast to 2025", The global anti-counterfet packaging market size is projected to grow from USD 106.3 billion in 2020 to USD 188.2 billion by 2025, at a CAGR of 12.09% from
Shape Memory Alloys Market worth $18.8 billion by 2026 | Key players SAES Getter …
According to recent market research "Shape Memory Alloys Market by Type (Nitinol, Copper based, Iron-Manganese-Silicon), End-use Industry (Biomedical, Aerospace & Defense, Automotive, Consumer Electronics, and Home appliances) and Region - Global Forecast to 2026", The global shape memory alloys market size is projected to grow from USD 11.0 billion in 2021 to USD 18.8 billion by 2026, at a CAGR of 11.2% from 2021 and 2026. The growth in the
More Releases for Aircraft
Connected Aircraft Market 2020-2027 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges opportunity with key company profiles, and strategies of players. The Connected Aircraft Market report also provides the market impact and new opportunities created due to the COVID19 catastrophe. Get the Free Access to the Sample Report of Connected Aircraft market is available at https://inforgrowth.com/sample-request/6327290/connected-aircraft-market Connected Aircraft Market report 2020-2027, discusses
Fixed Wing Turbine Aircraft Market | ATR Aircraft, Bombardier, Embraer, Boeing, …
A recent report published by QMI on fixed wing turbine aircraft market is a detailed assessment of the most important market dynamics. After carrying out thorough research of fixed wing turbine aircraft market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for fixed wing turbine aircraft during the forecast period. It can
Light Aircraft Market Is Booming| Diamond Aircraft, Piper Aircraft, TECNAM
A latest survey on Global Light Aircraft Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Light Aircraft market. The report bridges the historical data from
Global Aircraft Battery Market
Global Aircraft Battery Market – Industry Analysis and Forecast (2018-2026) – by Type, Application, Aircraft Type, and Region. Global Aircraft Battery Market was valued at US$ 478.21Mn in 2017 and is expected to reach US$ 900.32Mn by 2026, at a CAGR of 8.23% during a forecast period. A battery is a device containing one or more cells that convert chemical energy directly into electrical energy. Major driving factors of the Aircraft Battery
Aircraft Tyres Market key players Bridgestone Corporation, Dunlop Aircraft Tyres
Aircraft tyres are one of the most highly engineered products having significant complexity which require large number of raw materials pertaining to steel, cord fabric, artificial and natural rubber and other chemicals. Aircraft tyres have cords which serve as the reinforcing materials in the tyre that provide dimensional stability, supporting the aircraft weight, as well as keeping the tyres in shape different road conditions. Aircraft tyres play a vital role
Global Light Aircraft Market 2017 - Cirrus Aircraft, E-Go Aeroplanes, ICON Aircr …
A light aircraft is an aircraft that has a maximum gross takeoff weight of 12,500 lb (5,670 kg) or less. The many uses of light aircraft include aerial surveying, such as monitoring pipelines. They are also used for light cargo operations, such as "feeding" cargo hubs, as well as some passenger operations. Light aircraft are also used for marketing purposes, such as banner towing and skywriting. Primary flight instruction is