Global Aircraft Flight Control System Market Report 2018-2023 - Increased Demand for Lightweight Flight Control Systems

DUBLIN, June 15, 2018 /PRNewswire/ --

The "Aircraft Flight Control System Market by Component (Cockpit Controls, Primary FCC, Secondary FCC, Actuators, Standby Attitude and Air Data Reference Unit), Type, Technology, End User (Linefit, Retrofit), Platform & Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The aircraft flight control system market is projected to grow from an estimated USD 11.50 Billion in 2018 to USD 13.67 Billion by 2023, at a CAGR of 3.52% during the forecast period.

This growth can be attributed to the increasing aircraft orders as a result of the rise in air passenger traffic across the globe. The growth in passenger traffic is resulting in increased flight hours of aircraft, which is leading to an increase in aircraft demand. Upgradation of old AFCS systems is a key factor driving the demand for aircraft flight control systems from the Maintenance, Repair and Overhaul (MRO) companies.

Based on component, the aircraft flight control system market has been segmented into the different types of AFCS components used in different systems such as cockpit controls, primary flight control computer, secondary flight control computer, elevator actuators, trim hydraulic stabilizers actuators, aileron actuators, spoiler actuators, trim actuators, standby attitude and air data reference unit (SAARU), and others. These components help convert physical signal by pilot or electrical signals by autopilot into a proper form so that other aircraft systems can access it.

Based on platform, the aircraft flight control system market has been segmented into fixed wing and rotary wing. The fixed wing segment is expected to grow at a higher CAGR, owing to the increasing number of fixed wing aircraft fleet worldwide.

Based on type, the aircraft flight control system market has been segmented into commercial fixed wing flight controls system, military fixed flight control system, military UAV flight control system, and rotary wing flight control system. The military UAV flight control system segment is expected to be the fastest-growing segment.

The aircraft flight control system market, by technology has been segmented into fly by wire, power by wire, hydromechanical systems, and digital fly by wire. The fly by wire segment is expected to grow at the highest CAGR during the forecast period. Fly by wire systems are currently the most used systems in almost all aircraft.

Based on end user, the aircraft flight control system market has been segmented into linefit and retrofit. The linefit segment is expected to grow at a higher CAGR during the forecast period. According to the International Air Transport Association (IATA) report, Revenue Passenger Kilometers (RPKs) increased by 6.5% in 2015 as compared to 2014. This rise in air traffic has led to an increase in demand for aircraft flight control system in the commercial segment, majorly in the Asia Pacific region.

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.

The existing backlogs of aircraft deliveries act as a restraint in the growth of the aircraft flight control system market. The limited manufacturing capacity of major aircraft manufacturing companies has resulted in a large backlog of aircraft deliveries.

Products offered by various companies in the aircraft flight control system market have been listed in the report. The recent developments section of the report includes recent and important developments by various companies between 2009 and 2017. Major companies profiled in the report include Parker Hannifin Corporation (US), Honeywell (US), and Moog (US), among others. Agreements and acquisitions accounted for a major share of the total growth strategies adopted by the leading players in the aircraft flight control system market. These strategies have enabled companies to strengthen their position in the aircraft flight control system market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Aircraft Flight Control System Market
4.2 Aircraft Flight Control System Market, By Technology
4.3 Aircraft Flight Control System Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Number of Orders for New Aircraft
5.2.2 Opportunities
5.2.2.1 Emergence of New Aircraft Manufacturers in Asia Pacific and Latin America
5.2.2.2 Increased Demand for Lightweight Flight Control Systems
5.2.2.3 Rising Demand for Military Uavs
5.2.2.4 Development of Low-Cost Aircraft Flight Control Systems for General Aviation
5.2.3 Challenges
5.2.3.1 High Manufacturing Costs of Components Used in Aircraft Flight Control Systems
5.2.3.2 Stringent Regulatory Norms for the Development of Aircraft Components and Systems

6 Industry Trends
6.1 Introduction
6.2 Technology Roadmap of Aircraft Flight Control Systems
6.2.1 Military Application of Aircraft Flight Control Systems
6.2.2 Commercial Application of Aircraft Flight Control Systems
6.3 Manufacturers of Key Components of Aircraft Flight Control Systems
6.4 Technology Maturity Mapping of Aircraft Flight Control Systems
6.5 Emerging Trends
6.5.1 Electric Actuation Systems
6.5.2 Fly By Light Technology (Fly By Optics)
6.5.3 Three-Axis Integrated Flight Control Systems
6.5.4 Innovations & Patent Registrations

7 Aircraft Flight Control System Market, By Type
7.1 Introduction
7.2 Commercial Fixed Wing Flight Control System
7.3 Military Fixed Wing Flight Control System
7.4 Rotary Wing Flight Control System
7.5 Military Uav Flight Control System

8 Aircraft Flight Control System Market, By Component
8.1 Introduction
8.2 Cockpit Controls
8.3 Flight Control Computers
8.3.1 Primary Flight Control Computer
8.3.2 Secondary Flight Control Computer
8.4 Aircraft Actuators
8.4.1 Elevator Actuators
8.4.2 Trim Hydraulic Stabilizer Actuators
8.4.3 Aileron Actuators
8.4.4 Spoiler Actuators
8.4.5 Trim Actuators
8.5 Standby Attitude and Air Data Reference Unit
8.6 Other Electronic Components
8.7 Others

9 Aircraft Flight Control System Market, By Technology
9.1 Introduction
9.2 Fly By Wire
9.3 Hydromechanical
9.4 Power By Wire
9.5 Digital Fly By Wire

10 Aircraft Flight Control System Market, By Platform
10.1 Introduction
10.2 Fixed Wing
10.3 Rotary Wing

11 Aircraft Flight Control System Market, By End User
11.1 Introduction
11.2 Linefit
11.3 Retrofit

12 Regional Analysis

13 Competitive Landscape
13.1 Introduction
13.2 Rank Analysis
13.3 Competitive Situations and Trends
13.3.1 New Product Launches, Certifications, and Awards
13.3.2 Partnerships, Agreements, and Acquisitions, December
13.3.3 Contracts

14 Company Profiles
14.1 Introduction
14.2 Honeywell International
14.3 Moog
14.4 Safran
14.5 Rockwell Collins
14.6 Bae Systems
14.7 United Technologies
14.8 Parker Hannifin
14.9 Saab
14.10 Woodward
14.11 Liebherr
14.12 General Atomics
14.13 Lockheed Martin

For more information about this report visit https://www.researchandmarkets.com/research/jlrlv8/global_aircraft?w=5

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