Pune, India -- (SBWIRE) -- 08/17/2018 -- Market Highlights:
Global Aerospace flight control system Market Information Report by Platform (Fixed, Rotary), Technology (Fly-by-Wire, Hydro-Mechanical, and others), Application (Commercial, Business, Military) and region – Forecast to 2023
The flight control systems are operated by the pilot to control the direction, attitude, and forces of flight. It consists of primary and secondary systems. While ailerons, elevators, and rudder constitute the primary control system and are required to control the aircraft for safe flight, wing flaps, spoilers, leading edge devices, and trim systems constitute the secondary control system and functions to enhance the performance of the airplane and relieve the pilot of excessive control forces.
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.
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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.
BAE Systems, Moog, Rockwell Collins, Sagem, and UTC Aerospace Systems are key vendors in the market, which compete in terms of availability, price, quality, and size. The growth of suppliers depends on factors such as market conditions, government support, and industry development. Access to capital hinders the entry of new players in the market. Therefore, vendors must expand geographically while reviving domestic demand to achieve sustained growth. Vendors can boost profitability by practicing efficient production techniques that minimize product costs and mitigate associated risks.
According to MRFR, 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, 2017 – Parker Aerospace signed a contract with Oxsensis to develop advaned sensor technology to control active combustion with direct pressure temperature measurements.
October, 2016 – Moog Inc. signed a contract to support of Moog flight control products on Air China's fleet of Boeing 787 aircraft. The program will include maintenance and inventory support via Moog's strategically selected worldwide stocking locations, giving Air China 24/7 access to spares no matter where their aircraft are located.
July, 2015 – Nabtesco signed a contract with Japanese company, Nabtesco to supply primary flgiht control actuators for the family aircraft.
The global aerospace flight control system market is segmented into 5 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Application : Comprises Commercial Aviation, Business Aviation and Military Aviation
Segmentation by Platform : Comprises Fixed Wing and Rotary Wing
Segmentation by Aircraft Type : Comprises Narrow Body, Wide Body and Helicopter
Segmentation by Technology : Comprises Fly-by-Wire, Hydro-Mechanical and Others
Segmentation by Regions : Comprises Geographical regions - North America, Europe, Asia-Pacific, Middle East & Africa and South America.
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.
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