Study papers on Aircraft Ignition System market and regional forecast. Aircraft Ignition System market players are Woodward (US), Trans Digm (US), Unison (US), G3I (US), Meggitt (UK), and Electroair (US), and manufacturers of different types of aircraft ignition system include SureFly (US), Air Power, Inc. (US), Aero Inc. (US), and Sky Dynamics (US).
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Aircraft ignition system market is projected to grow from USD 338.5 million in 2017 to USD 437.6million by 2022, at a CAGR of 5.27% from 2017 to 2022. Technological advancements in aircraft ignition system, increasing demand of aircraft ignition system in UAVs, high adoption of the electronic ignition system, and increase in a number of aircraft deliveries are key factors driving the growth of the aircraft ignition system market.
However, decreasing adoption of magneto ignition system act as a major restraint for the market.
- Component Manufacturers/Suppliers
- Original Equipment Manufacturers
- Aviation Industry
- Technology Support Providers
- Scientific Research Centers across Regions
North American region is estimated to account for the largest share of the aircraft ignition system market in 2017.
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Increase in disposable income of individuals has contributed to rise in air travel, which, in turn, has led to the increase in air passenger traffic. The rise in air passenger traffic has contributed to increasing aircraft deliveries in North America, which has further propelled the demand for aircraft ignition systems in this region.
The aircraft ignition system market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for new aircraft in the region, which is anticipated to boost the aircraft ignition system market during the forecast period.
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Based on platform, the fixed wing aircraft segment is estimated to account for the largest share of the aircraft ignition system market in 2017. The growth of the business and general aviation sectors is driving the demand for fixed wing aircraft.
2 Trending Technologies in Aircraft Ignition System Market
2.1 Full Authority Digital Engine Control (FADEC)
2.3 Solid State Spark Gap (S3G) Technology
2.4 Electronic Ignition System
2.5 Permanent Magnet Generators (PMG)
2.6 Ignition Control and System for UAV
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The market study segments the aircraft ignition system market based on end user (OEM, aftermarket), system type (electronic, magneto), component (Igniters, ignition leads, exciters, spark plugs, and others), engine type (turbine engine, reciprocating engine), platform (fixed wing aircraft, rotary wing aircraft, and UAV) and maps these segments and sub segments across 4 major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW). The report provides in-depth market intelligence regarding market dynamics and major factors such as drivers, restraints, opportunities, and industry-specific challenges that influence the growth of the aircraft ignition system market, along with analyzing micro-markets with respect to individual growth trends, prospects, and their contribution to the aircraft ignition system market.
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