Aerospace Flight Control System Market 2017 Segmentation, Application, Technology and Analysis Report Forecast to 2023

Market Highlights:

Advances in technology have led to the introduction of fly-by-wire (FBW) control systems for aircraft. This system converts flight control movements to electronic signals and transmits them through wires, thereby eliminating manual control. It is an electronic interface that empowers flight control computers to determine movement of actuators at each control surface and to provide the expected response. In addition, there increased usage of high-resistive union makes the aircraft safer in the event of lightning strikes. Thus, the shift toward next-generation FCS is the latest trend in the market.

The market is highly fragmented with a limited number of large- and small-sized players between whom the competition is intense. Most vendors operate across product lines and offer products to multiple industries, whereas other vendors deal with more niche segments and provide only a limited number of products to the defense industry. Vendors have started to shift their manufacturing bases to APAC for greater cost-effectiveness. In addition, the need for an enhanced response time is expected to gain increased market traction during the forecast period. This drives the vendors to acquire or set up manufacturing facilities in APAC. The need for higher revenue and customer base expansion has forced global players to enter into alliances with local players to adequately serve the end users.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/3270

Major Key Players

Honeywell International, Inc. (U.S.),
Safran S.A. (France),
Liebherr Group (Switzerland),
BAE Systems plc. (U.S.),
Moog Incorporation (U.S.),
United Technologies Corporation (U.S.),
Rockwell Collins, Inc (U.S.),
Nabtesco Corporation (Japan),
Parker Hannifin Corp. (U.S),
West Star Aviation, Inc.(U.S).
The global Aerospace Flight Control System Market is expected to account for USD 16.6 billion by 2023 with 7 % CAGR.

Industry/ Innovation/ Related News:

June 20, 2017:- The helicopter flight control systems designed and developed by Safran Electronics & Defense offer autopilot and manufacturing aid functions designed to improve flight safety and aircraft performance and reduce the pilot's workload.
March 13, 2017: A further series of flight trials of Eurofighter Typhoon with the low-collateral, high precision MBDA Brimstone air-to-surface weapon have been successfully completed at BAE Systems’ site in Warton, Lancashire. The trials are part of ongoing development work on the Phase 3 Enhancement (P3E) package for Typhoon, which will also deliver further sensor and mission system upgrades as part of Project CENTURION – the programme to ensure a smooth transition of Tornado capabilities on to Typhoon for the Royal Air Force by the end of 2018.

Report Details @ https://www.marketresearchfuture.com/reports/aerospace-flight-control-system-market-3270

Regional Analysis
In 2014, North America witnessed an economic growth of 2.5% and Latin America of 3.9%, which is expected to have a positive impact on the aviation market during the forecast period. A total of 12,650 new aircraft is expected to be in operation by 2033 and increasing demand for FCS in the commercial aviation industry is foreseen. The growth in the number of aircraft, as well as introduction of very light jets in this region, has resulted in an increase in the growth.

There was an increase in the passenger traffic by 1.9% in 2013 from 0.8% in 2012. This increase in passenger traffic was accommodated by 8,030 aircraft in 2013, and the number is expected to increase during the forecast period. This increase in passenger traffic has necessitated the need for developing automated systems such as fly-by-wire control systems, which ensures the safety and security of the passengers.

Intended Audience:
• Global Aerospace flight control system manufacturers
• Distributer &Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.