Aircraft Flight Control System Market: Global Industry Analysis and Forecast (2023-2029)

Aircraft Flight Control System Market was valued at US $13.86 Bn. in 2022, and it is expected to reach US $18.93 Bn. by 2029 with a CAGR of 4.55% during the forecast period.
Aircraft Flight Control System Market Overview:
The Aircraft Flight Control System Market is expected to reach US $ 18.93 billion by 2029, thanks to growth in the component segment. The report analyzes Aircraft Flight Control system market dynamics by region, component, type, technology, and end-user.

Flight control surfaces, respective cockpit controls, connecting linkages, and the essential operational mechanisms for controlling an aircraft's direction in flight make up a traditional fixed-wing aircraft flight control system. Because they modify speed, aircraft engine controls are also considered flying controls.

In-flight dynamics, the principles of aircraft controls are explained. The basic technique used on airplanes initially debuted in a recognizable form on Louis Bleriot’s pioneer-era monoplane design, the Bleriot VIII, in April 1908.To know about the Research Methodology:- Request Free Sample Report

2022 is considered a base year however 2022's numbers are on the real output of the companies in the market. Special attention is given to 2022 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Aircraft Flight Control System Market Dynamics:
Orders and delivery of aircraft are increasing:

Air travel has become more inexpensive as per capita income has increased across countries. This has led to the global surge in aviation passenger travel. According to a study conducted by the International Air Transport Association (IATA) in May 2021, the number of passengers is expected to exceed 8 billion by 2035, with an annual growth rate of 5.21%. Over the next 20 to 30 years, demand for commercial aviation is expected to quadruple. Also, the profitability of airlines has improved as a result of better fuel economy in aircraft operations. Factors such as aircraft design, navigation and flight patterns, and weather conditions all influence aircraft operational efficiency.

The efficiency of aircraft operations has been improved thanks to advancements in navigational technologies and efficient aircraft operations such as flight operations, technical operations, and ground operations. These factors have resulted in an increase in aircraft orders around the world, which may drive the global market over the forecast period.

The Asia Pacific has a slew of new aircraft producers:

One of the biggest opportunities for the global market to expand during the forecast period is for an emerging aircraft manufacturer in the Asia Pacific and Latin America. Commercial Aircraft Corporation of China, Ltd. (COMAC), Embraer SA (Brazil), and Mitsubishi Aircraft Corporation (Japan) are just a few of the new aircraft manufacturers on the stage. COMAC makes commercial, business, and regional aircraft, while Mitsubishi Aircraft Corporation manufactures regional aircraft.

Increased air passenger traffic is expected to increase demand for commercial aircraft, business jets, and regional transport aircraft, which may provide these manufacturers with growth opportunities for new aircraft production and, as a result, growth in the aircraft flight control system market during the forecast period.

Stringent rules and regulations:

Because of the inherent danger connected with flying operations, the aviation business is one of the most heavily regulated industries. Aircraft and aircraft component manufacturers, particularly aircraft flight control system makers, are bound by a slew of bilateral, national, and international regulations and standards. Different regulatory agencies oversee the standards of safety connected with aircraft operating in different countries across the world.
Segment Analysis:
Based on Component, the aircraft flight control system market is segmented 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. The Cockpit Controls segment was dominant and share the xx% of the overall market share in terms of revenue in 2022.

Modern aircraft is increasingly reliant on automation for safe and efficient operation. Increasing aircraft production and purchase for new aircraft from commercial and domestic airliners and rise in the global air passenger traffic may create more opportunities aircraft flight control system market.

Based on Type, the aircraft flight control system market is segmented as, Commercial Fixed Wing Flight Control System, Military Fixed Flight Control System, Military UAV Flight Control System, and Rotary Wing Flight Control System. During the forecast period, the military UAV flight control system segment is expected to grow at a faster rate of xx% than the commercial fixed-wing flight control system segment. Military UAVs used in surveillance and reconnaissance are in high demand in North America and Europe, which is supporting the expansion of this market segment.

Detailed information about all segments is covered in the MMR’s report.


Regional Insights:
During the forecast period, North America is expected to remain the largest market for aircraft flight control systems. The United States, as the world's manufacturing capital of the aircraft industry and home to many large-to-small-sized aircraft manufacturers, tier players, suppliers, distributors, and raw material suppliers, is expected to remain the growth driver of the North American market.

The Asia-Pacific region is expected to grow at a CAGR of xx% the most during the same period, owing to a variety of factors such as rising passenger traffic, the establishment of Boeing and Airbus assembly plants in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and increasing aircraft fleet size.

The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projecting the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.
Aircraft Flight Control System Market Scope: Inquire before buying



Aircraft Flight Control System Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
4.55%
US$ 13.86 Bn
US$ 18.93 Bn


Segments Covered


by Component
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)
Others
by Type
Commercial Fixed Wing Flight Control System
Military Fixed Flight Control System
Military UAV Flight Control System
Rotary Wing Flight Control System
by Technology
Fly by Wire
Power by Wire
Hydro-Mechanical System
Digital Fly by Wire
by End-Use
Line Fit
Retrofit


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Aircraft Flight Control System Market Key Players
1. Honeywell International Inc.
2. Parker Hannifin Corporation
3. Moog Inc.
4. Safran S.A.
5. Rockwell Collins Inc.
6. BAE Systems plc
7. United Technologies Corporation
8. Saab AB
9. Woodward Inc.
10.The Liebherr Group
11.General Atomics
12.Lockheed Martin Corporation
13.Embraer SA
14.Mitsubishi Aircraft Corporation
15.Commercial Aircraft Corporation Of China (COMAC)
16.Others

Frequently Asked Questions:

1. Which region has the largest share in Global Aircraft Flight Control System Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Aircraft Flight Control System Market?
Ans: The Global Aircraft Flight Control System Market is growing at a CAGR of 4.55% during forecasting period 2023-2029.

3. What is scope of the Global Aircraft Flight Control System market report?
Ans: Global Aircraft Flight Control System Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Aircraft Flight Control System market?
Ans: The important key players in the Global Aircraft Flight Control System Market are – Honeywell International Inc., Parker Hannifin Corporation, Moog Inc., Safran S.A., Rockwell Collins Inc., BAE Systems plc, United Technologies Corporation, Saab AB, Woodward Inc., The Liebherr Group, General Atomics, Lockheed Martin Corporation, Embraer SA, Mitsubishi Aircraft Corporation, Commercial Aircraft Corporation Of China (COMAC), and Others

5. What is the study period of this market?
Ans: The Global Aircraft Flight Control System Market is studied from 2022 to 2029.