Aerospace Flight Control System Market 2018 by Key Players: Honeywell Internationa, Safran, Liebherr Group, BAE Systems, Moog Incorporation

Market Highlights:

Aerospace Flight Control System offering a vast range of solutions including aircraft engine controls, flight control surface, cockpit controls, linkage connection, actuation and electronics; controls the direction of aircraft and support to deliver a better performance in demanding operating environments. In a nutshell, Aerospace Flight Control System is essential to ensure smooth operations of an aircraft across both military and commercial platforms worldwide.

The growing international trade between countries has increased the frequencies of Air travels & cargo planes. Human lives safety being a paramount concern and Flight Control System being the vital component to ensure the safe operations of aircrafts; the systems enjoys augmented demand worldwide allowing its market to enjoy exponential market traction on the global platform.

Key driving factors of the market include; growing demand of new aircraft and need for connectivity along with the augmenting demand of Aerospace control system in military applications and lightweight aircrafts globally. Rising demand in emerging economies, increasing air passenger traffic and improvement in the global economic conditions are some of the prominent factors providing impetus to the market growth. Similarly, factors such as growing fleet size and aircraft orders are propelling the market growth of Aerospace Flight Control System globally.

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The key players in global aerospace flight control system market are 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:
January 16, 2018 - Adams Rite Aerospace Inc.(US), a global provider of Flight Control systems announced the appointment (partnership deal) of Wencor Group (US) a global provider of FAA approved aircraft replacement parts (PMA) as their exclusive distribution partner within Europe, Middle East, Africa, the Americas and Japan. Under the new partnership, Wencor Group will provide fluid and water system needs, cockpit security, and hardware parts.

January 22, 2018 – NASA announced that it has tested a new technology that enables aircraft to fold their wings to different angles while in-flight. This project intends to use lightweight material that can fold the outer portions of aircraft wings and their control surfaces to optimal angles in-flight.

January 15, 2018 –Two Canadian companies - Cicer One Technologies (a provider of data privacy solutions) and AVIDRONE Aerospace (a global manufacturer of fully automated unmanned flying drone systems for commercial applications) formed a Partnership. The partnership will enable these companies to provide a secure flight control and data capture solution. This creates a new way for multiple users to operate unmanned aircraft system (UAS) fleets globally, without compromising mission critical data. Drone operators will own and control their private data, keeping sensitive information out of the hands of third party service providers.

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Worldwide Aerospace Flight Control System Market – Regional Analysis

North America region is expected to witness the highest growth during the forecast period due to advancement in technology in flight control system and the presence of key players. The other factors that are responsible for the growth of North America region is increase in modernization military programs such as advanced fighter jets and unmanned air vehicles.

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