What Does the Historical and Current Aircraft Flight Control System Market Size Trend Indicate?
The aircraft flight control system market has seen considerable growth due to a variety of factors.
• The market for aircraft flight control systems has seen substantial growth in the past few years. The market is projected to rise from a value of $16.1 billion in 2024 to $17.29 billion in 2025, equating to a compound annual growth rate (CAGR) of 7.4%. Factors contributing to this historical growth include the growing demand for air travel, modernization initiatives in the military, implementation of safety standards and regulations, updates and retrofitting of aircrafts, delivery of commercial aircraft, and the worldwide expansion of air cargo.
What Are the Future Growth Projections for the Aircraft Flight Control System Market?
The Aircraft Flight Control System market is expected to maintain its strong growth trajectory in upcoming years.
• It is anticipated that the aircraft flight control system market will experience significant expansion in the coming years. By 2029, the market size is projected to reach $22.5 billion, with a compound annual growth rate (CAGR) of 6.8%.
This projected growth during the forecast period can be correlated with various factors, including new-generation aircraft systems, the recovery of international air travel, environmentally-friendly aviation initiatives, the expansion of in-flight connectivity, an emphasis on pilot support systems, market competition, and technological innovation. Key trends during this forecast period include the adoption of fly-by-wire (FBW) systems, the integration of cutting-edge technologies, electric actuation systems, the use of lighter materials and components, increased reliance on digitalization and connectivity, and a focus on reliability and redundancy.
What Are The Core Factors Supporting Growth In The Aircraft Flight Control System Market?
Global rise in air travel is predicted to drive the growth of the aircraft flight control system market. This process involves the act of getting on an aircraft to journey from one place to another with any flying device. The purpose of aircraft flight control systems is to assist in controlling an aircraft during take-off and landing, enhancing flight safety and reliability, and reducing pilot efforts, eventually resulting in an elevation in the overall performance and safety of the aircraft during flight. For example, a report from the International Civil Aviation Organization, a United Nations specialized agency based in Canada, stated in May 2022 that from January to April 2022, there was a 65% increase in air travelers compared to the same period in 2021, and a 30% rise in aircraft departures. Moreover, the International Air Transport Association (IATA), a world's airlines trade association based in Canada, predicts overall air traveler numbers to hit 4.0 billion in 2024, surpassing pre-COVID-19 levels, 103% of the total in 2019. Consequently, the global increase in air travel is propelling the aircraft flight control system market.
What Are The Major Segments Within The Global Aircraft Flight Control System Market?
The aircraft flight control system market covered in this report is segmented –
1) By Type: Commercial Fixed Wing Flight Control System, Military Fixed Flight Control System, Military UAV Flight Control System, Rotary Wing Flight Control System
2) By Technology: Fly By Wire, Power By Wire, Hydromechanical Systems, Digital Fly By Wire
3) By Component: Cockpit Controls, Flight Control Computers, Aircraft Actuators, Other Components
4) By Application: Business Aviation, Commercial Aviation, Military Aviation, Other Applications
Subsegments:
1) By Commercial Fixed Wing Flight Control System: Primary Flight Control Systems, Secondary Flight Control Systems
2) By Military Fixed Wing Flight Control System: Combat Aircraft Flight Control Systems, Transport Aircraft Flight Control Systems
3) By Military UAV Flight Control System: Tactical UAV Flight Control Systems, Strategic UAV Flight Control Systems
4) By Rotary Wing Flight Control System: Helicopter Flight Control Systems, Tiltrotor Flight Control Systems
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Which Trends Are Expected To Transform The Aircraft Flight Control System Market?
Key players in the aircraft flight control system market are leveraging advancements in fly-by-wire technology, which is currently a trending development in the sector. Leading aircraft flight control system corporations are focusing on developing fly-by-wire systems which offer enhanced safety measures, superior features, efficient control of highly controllable aircraft, and compactness to maintain their market presence. For instance, an announcement in October 2022 revealed that BAE Systems, a UK-based aerospace firm, and Supernal, a US-based aerospace firm, had reached an agreement to collaborate on the design and development of the flight control computer for Supernal's electric Vertical Takeoff and Landing (eVTOL) vehicle. This collaboration would furnish a lightweight, fly-by-wire system architecture for autonomous-capable aircraft, ensuring safe and effective control during flight via fly-by-wire management.
Who Are the Key Players In The Aircraft Flight Control System Market?
Major companies operating in the aircraft flight control system market include:
• Honeywell International Inc.
• Moog Inc.
• Safran S.A.
• Collins Aerospace
• BAE Systems PLC
• Saab AB
• Parker Hannifin Corporation
• Raytheon Technologies Corporation
• Liebherr Group
• General Atomics
• Lockheed Martin Corporation
• Nabtesco Corporation
• Woodward Inc.
• Curtiss-Wright Corporation
• General Dynamics Mission Systems Inc.
• Heroux-Devtek Inc.
• Meggitt PLC
• Northrop Grumman Corporation
• Thales Group
• Astronics Corporation
• Crane Co.
• Eaton Corporation PLC
• LORD Corporation
• HAL Aerospace Division
• Technodinamika Holding
• MicroNav Limited
• Sierra Nevada Corporation
• Ultra Electronics Holdings PLC
• Rabotti S.p.A.
• Wichita Aircraft Systems LLC
• ShinMaywa Industries Ltd.
What Is The Most Dominant Region In The Aircraft Flight Control System Market?
North America was the largest region in the aircraft flight control system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the aircraft flight control system market report forecast period. The regions covered in the aircraft flight control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
