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Aerospace and Industrial Ignition Systems and Aircraft Ignition System Industry to Achieve $3.7 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.How Will the Aerospace and Industrial Ignition Systems and Aircraft Ignition System Market Grow by 2025 in Terms of Size and Growth?
The market size for aerospace and industrial ignition systems, including aircraft ignition systems, has seen significant growth recently. The market is projected to increase from $2.62 billion in 2024 to $2.8 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.0%. The considerable growth in the past can be linked to an augmented production and expansion of aircraft fleets, rising demand for fuel-efficient and trustworthy aircraft propulsion systems, increased need for new aircraft, escalating demand for general aviation, and an upward trend in the demand for electric vehicles (EVs).
What Are the Estimated Growth Rates for the Aerospace and Industrial Ignition Systems and Aircraft Ignition System Industry Through 2029?
The market for aerospace and industrial ignition systems, as well as aircraft ignition systems, is predicted to experience substantial growth in the forthcoming years. The market is anticipated to increase to $3.7 billion by 2029, with a 7.2% compound annual growth rate (CAGR). This expected growth can be ascribed to the escalating requirement for aircraft ignition systems in unmanned aerial vehicles (UAVs), a surge in usage of sustainable aviation fuel (SAF), burgeoning demand for UAVs and electric planes, increasing acceptance of hydrogen aircraft fuel systems, and the need for better aircraft ignition systems. Dominant trends in the forecast period are centered around progressions in aircraft technologies, enhancements in electronic ignition technology, developments in technology, progress in automotive ignition systems, and technological advancements in aircraft ignition systems.
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What Are the Strategic Drivers Boosting Aerospace and Industrial Ignition Systems and Aircraft Ignition System Market Performance?
The growth of the aerospace and industrial ignition systems and aircraft ignition system market is likely to be bolstered by the rising number of aircraft orders. These orders are formal agreements by airlines, leasing companies, or governments to buy aircrafts from manufacturers. Attractive financing and leasing options, making it easier to access aircraft leasing and financing, is promoting the surge in aircraft orders, allowing airlines to obtain new planes without having to make hefty upfront payments. Aerospace and aircraft ignition systems, by providing the required spark for both turbine and piston engines, guarantee reliable engine startups and enhance safety during flights. For example, ADS Group Limited, a UK-based trade organization representing the aerospace and defense, stated in February 2025 that aircraft orders saw a dramatic increase by 168% in January compared to the same month in the previous year, resulting in a final tally of 91 orders. Hence, the escalating number of aircraft orders is instrumental in propelling the growth of the aerospace and industrial ignition systems and aircraft ignition system market.
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What Are the Segments in the Aerospace and Industrial Ignition Systems and Aircraft Ignition System Market?
The aerospace and industrial ignition systems and aircraft ignition system market covered in this report is segmented -
1) By Ignition System Type: Electronic Ignition Systems, Battery Ignition Systems, Turbine Ignition Systems, Magneto Ignition Systems
2) By Component: Igniters, Exciters, Ignition Leads, Spark Plugs
3) By Fuel Type: Liquid Fuels, Gaseous Fuels, Solid Fuels
4) By Sales Channel: Original Equipment Manufacturers (OEMs), Aftermarket
5) By Application: Industrial Engines, Aerospace And Aviation
Subsegments:
1) By Electronic Ignition Systems: Solid-State Electronic Ignition, Capacitor Discharge Ignition (CDI), Transistor-Controlled Ignition (TCI)
2) By Battery Ignition Systems: Low-Voltage Battery Ignition, High-Voltage Battery Ignition
3) By Turbine Ignition Systems: High-Energy Turbine Ignition Systems, Low-Energy Turbine Ignition Systems
4) By Magneto Ignition Systems: Single Magneto Ignition Systems, Dual Magneto Ignition Systems
What Are the Key Adoption Trends in the Aerospace and Industrial Ignition Systems and Aircraft Ignition System Market?
Major companies within the aerospace and industrial ignition systems and aircraft ignition system markets are prioritizing the development of innovative solutions like magneto-based ignition systems. Such solutions are intended to increase engine dependability, boost fuel economy, and lower maintenance expenses. The magneto-based ignition system is independent, generating its own electrical power to activate the fuel-air combination. This quality makes it extremely reliable for aircraft, industrial engines, and small combustion engines without the need for an external battery. For example, American aerospace company Hartzell Engine Tech introduced a new product line called POWERUP Aircraft Ignition Systems in March 2024. This line includes FAA/PMA-approved aircraft magnetos, ignition harnesses, replacement components, and magneto repair kits. These items have design enhancements such as a one-piece impulse coupling hub, thicker coil insulation, and enhanced breaker points to increase robustness and dependability.
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Which Companies Lead the Competitive Landscape of the Aerospace and Industrial Ignition Systems and Aircraft Ignition System Industry?
Major companies operating in the aerospace and industrial ignition systems and aircraft ignition system market are Continental Aerospace Technologies Inc., Honeywell International Inc., GE Aerospace, Safran S.A., L3Harris Technologies Inc., Rolls-Royce Holdings plc, Pratt & Whitney, BorgWarner Inc., Dover Corporation, MTU Aero Engines AG, Woodward Inc., Meggitt PLC, Avio Aero, Williams International Co. L.L.C., Teledyne Controls LLC, Ferrostaal Group GmbH, Hartzell Engine Technologies LLC, Champion Aerospace LLC, Sky Dynamics Corporation, SureFly Partners Ltd.
Where Are the Key Aerospace and Industrial Ignition Systems and Aircraft Ignition System Market Opportunities by Region?
Asia-Pacific was the largest region in the aerospace and industrial ignition systems and aircraft ignition system market in 2024. The regions covered in the aerospace and industrial ignition systems and aircraft ignition system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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