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    Aerospace Pilot Control Market Report

    Aerospace Pilot Control Market Report
    Report code - SR2538 Published On : Apr,2023 No. of Pages: 170
    Aerospace Pilot Control Market Size, Share, Trend, Forecast, Competitive Analysis, and Gro See more...

    Market Insights

    Pilot control is a mechanism used by pilots to control an aircraft. These devices include yokes, side sticks, rudder brake pedal systems, and throttle quadrant assembly. The yoke is used to steer the plane, while the pedals are used to control the rudder and brakes, and the throttles are used to adjust the speed of the plane. These components are used in the aviation industry to provide a manual or automatic input device for initiating and controlling the flight of an aircraft. The function of pilot control is to control the aircraft's roll, pitch, yaw, speed, and direction of flight.

    The COVID-19 pandemic deeply impacted the aerospace industry, including the aerospace pilot control market, which witnessed a decline of 14.6% in 2020. The market further declined in 2021, followed by a good recovery from 2022 onwards. Overall, the aerospace pilot control market is likely to rebound at a promising CAGR of 4.3%, in the long run, to reach US$ 543.6 Million in 2028.

    Segments Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Platform-Type Analysis

    Commercial Aircraft, Regional Aircraft, General Aviation, Helicopters, Defense, UAVs, and Space.

    Among all platform types, commercial aircraft is estimated to remain the biggest demand generator in the foreseeable future.

    Type Analysis

    Yokes, Side Sticks, Rudder Brake Pedal Systems, and Throttle Quadrant Assembly

    Yoke is anticipated to remain dominant, whereas throttle quadrant assembly will be the fastest-growing pilot control type in the market over the next five years.

    End-User-Type Analysis

    OE & Aftermarket

    OE remains the dominant and fastest-growing end-user type over the next five years.

    Region-Type Analysis

    North America, Europe, Asia-Pacific, and the Rest of the World

    North America is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the fastest rate.

     

    Platform Type

    The aerospace pilot control market is segmented into commercial aircraft, regional aircraft, general aviation, helicopters, defense, UAVs, and space. Commercial aircraft is expected to remain the largest market category during the forecast period. A rise in the production rates of various commercial aircraft is anticipated to boost market demand in the coming years.

    Boeing, in its recent outlook (2022-2041), predicted that there would be deliveries of about 41,170 commercial and regional aircraft over the next twenty years, averaging over 2,059 aircraft each year.

    Type of Pilot Control

    The market is segmented into yokes, side sticks, rudder brake pedal systems, and throttle quadrant assembly. Yokes are estimated to remain the dominant pilot control type in the market during the forecast period. Yokes are preferred owing to their advantages, such as being less expensive, providing greater safety, and giving more stability to the aircraft while flying.

    End-User Type

    The aerospace pilot control market is segmented into OE and aftermarket based on the end-user type. OE is estimated to remain the dominant as well as the fastest-growing end-user type in the market in the foreseeable future.

    Regional Analysis

    North America is anticipated to maintain its dominance in the aerospace pilot control market during the forecast period. This region has a presence of leading pilot control manufacturers, such as Woodward Inc., Parker Hannifin Corporation, and TransDigm Group. In addition to that, the presence of key OEMs, such as Boeing, Lockheed Martin, Gulfstream, and Textron, in the region, will fuel the demand for pilot control.

    Asia-Pacific is expected to witness the highest growth rate during the forecast period. Driven by upcoming indigenous aircraft by China (C919) coupled with the increasing defense budgets of emerging Asian economies.

    Key Players

    The market is moderately concentrated, with the presence of some regional and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the aerospace pilot control market:

    • Woodward Inc.
    • Collins Aerospace
    • TransDigm Group
    • Parker Hannifin Corp.
    • Safran S.A
    • BAE Systems Plc
    • Sensata Technologies, Inc.
    • Essex Industries, Inc.
    • Grayhill, Inc.
    • Aeromaoz Ltd.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aerospace pilot control market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.

    The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

    We conducted more than 8 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trends and forecasts.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • COVID-19 impact and its recovery curve.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for existing and new players.
    • Key success factors.

    The aerospace pilot control market is segmented into the following categories:

    By Platform Type

    • Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Defense (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • UAV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Space (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Type

    • Yokes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Side Sticks (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rudder Brake Pedal Systems (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Throttle Quadrant Assembly (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By End-User Type

    • OE (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The aerospace pilot control market is estimated to grow at a CAGR of 4.3% by 2028, driven by an expected rise in the production rate of key programs, entry of programs (B777x, C919, and MC-21), an expected rise in the aircraft fleet size, and increasing electrification of aircraft.

    Woodward Inc., Collins Aerospace, TransDigm Group, Parker Hannifin Corp., Safran S.A., and BAE Systems Plc are the leading players in the aerospace pilot control market.

    North America is estimated to remain dominant in the aerospace pilot control market in the foreseeable future. North America is the aerospace manufacturing hub, with the presence of key OEMs as well as major pilot control suppliers.

    Asia-Pacific is estimated to remain the fastest-growing market for aerospace pilot control in the foreseeable future, propelled by China's and India's continuous developments and ardent efforts to develop an excellent supply chain for the aerospace industry.

    Yokes are estimated to remain the dominant component type in the market during the forecast period owing to a number of factors such as simple and intuitive ease of use, smooth ergonomics, precise safety controls, and a feature used in aircraft since the early days of aviation.

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