Global Automatic Flight Control System Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 9,423.00 Million |
Market Size (Forecast Year) |
USD 15,712.56 Million |
CAGR |
|
Major Markets Players |
Global Automatic Flight Control System Market, By Product (Commercial Aircraft Type, Military Aircraft Type), Application (Light Aircraft, Medium Aircraft, Heavy Aircraft)-Industry Trends and Forecast to 2029.
Market Analysis and Size
The market for aircraft flight control systems is boosted by a number of factors, but manufacturers are concentrating on lightweight flight control systems that reduce wing and total weight. The weight reduction of flight control systems has piqued the interest of commercial aviation and defence forces all over the world.
Data Bridge Market Research analyses that the automatic flight control system market is expected to reach at a CAGR of 6.60% during the forecast period. The global aircraft flight control system market was valued at USD 9,423 million in 2021 and will reach USD 15712.56 million by 2029. Commercial aircraft is expected to be the largest segment of the market for the next five years, owing to a number of factors such as increased commercial aircraft deliveries, the introduction of fuel-efficient commercial aircraft, and the expanding size of the aircraft fleet.
Market Definition
Flight control systems are aerodynamic equipment installed on aeroplanes to assist the pilot in adjusting and directing the flight's direction. In order to keep the aircraft, crews, and passenger’s safe while rolling, banking, and pitching, flight control systems are employed on the planes. Most commercial and military aircraft currently use hydro-mechanical flight control systems, while newer aircraft, such as unmanned aerial vehicles, use fly-by-wire technology, which is an electronic flight control system.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Classic Lissencephaly, Cobblestone Lissencephaly), Treatment (Medication, Genetic Counseling, Therapy, Others), Diagnosis (Imaging Tests, Genetic Testing, Others), Indications (Microlissencephaly, Intellectual Impairment, Hypotonia, Ataxia, Nystagmus, Myopia, Muscle Spasms, Psychomotor Impairment, Seizures, Lymphedema, Others), Dosage (Injection, Tablets, Others), Route of Administration (Oral, Intravenous, Others), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) Intravenous, Others), End-Users (Clinic, Hospital, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
BAE Systems. (UK), Lockheed Martin Corporation. (US), Collins Aerospace. (US), Saab AB (Sweden), Safran S.A. (France), Genesys Aerosystems (US), Honeywell International Inc. (US), Moog Inc. (US), Thales Group (France), Archangel Systems, Inc. (US) and General Atomics. (US) |
Automatic Flight Control System Market Dynamics
Drivers:
- Rise in the disposable incomes.
A development in the disposable incomes of individuals in the advancing countries is one of the major contributing factors.
- Increase in the demand for air travel.
Growing demand for air travel has led airliners to increase its aircraft fleet and rising commercial aircraft deliveries is further anticipated to propel the growth rate.
- Growing demand of high performance aircrafts.
The profitability of airlines has been enhanced as a result of better fuel economy in aircraft operations and the aircraft design, navigation and flight patterns, and weather conditions all impact aircraft operational efficiency.
Opportunities
In addition, the growing adoption of digital technology for smooth working of aircraft, rise in the advancement of low cost aircraft flight control will further provide potential opportunities for the growth of the automatic flight control system market in the coming years.
Restrains/Challenges
On the other hand, the increased cost of manufacturing is further projected to impede the growth of the automatic flight control system market in the coming years. However, the stringent regulatory norms might further challenge the growth of the automatic flight control system market in the near future.
This automatic flight control system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automatic flight control system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Automatic Flight Control System Market
COVID-19 had a negative impact on the market. This is because of the improved regulations on the global market. Various travel restrictions imposed and stringencies declared on the movement of people during this phase slowed down the growth of the market. Shutdown of manufacturing facilities further created hindrances for the market.
Recent Development
- The electro-hydrostatic actuation system, primary flight control actuation system, wing old actuation system, and leading edge flap drive system for F-35 aircraft were given to Moog Inc. in November 2019 for a three-year contract valued more than USD 400 million.
Global Automatic Flight Control System Market Scope
The automatic flight control system market is segmented on the basis of product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Commercial Aircraft Type
- Military Aircraft Type
On the basis of product, the automatic flight control system market has been segmented into commercial aircraft type, and military aircraft type.
Application
- Light Aircraft
- Medium Aircraft
- Heavy Aircraft
On the basis of application, the automatic flight control system market is segmented into light aircraft, medium aircraft and heavy aircraft.
Automatic Flight Control System Market Regional Analysis/Insights
The automatic flight control system market is analysed and market size insights and trends are provided by country, product and application as referenced above.
The countries covered in the automatic flight control system market report are U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
North America dominates the automatic flight control system market due to being the many large-to-small-sized aircraft manufacturers, tier players, aircraft flight control system suppliers, distributors, and raw material suppliers are located in the world's manufacturing capital of the aircraft industry. Asia-Pacific is projected to observe significant amount of growth in the automatic flight control system market rise in the demand for commercial aircraft. Moreover, the growing passenger traffic is further anticipated to propel the growth of the automatic flight control system market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automatic Flight Control System Market Share Analysis
The automatic flight control system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automatic flight control system market.
Some of the major players operating in the automatic flight control system market are:
- BAE Systems. (UK)
- Lockheed Martin Corporation. (US)
- Collins Aerospace. (US)
- Saab AB (Sweden)
- Safran S.A. (France)
- Genesys Aerosystems (US)
- Honeywell International Inc. (US)
- Moog Inc. (US)
- Thales Group (France)
- Archangel Systems, Inc. (US)
- General Atomics. (US)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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