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Aerospace Pilot Control Market Analysis | 2023-2028
Aerospace Pilot Control Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
The Aerospace Pilot Control Market is likely to grow at a promising CAGR of 4.3%, in the long run, to reach US$ 543.6 Million in 2028.
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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 declined in 2021, followed by a good recovery from 2022 onwards.
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Segmentations |
List of Sub-Segments |
Dominant and Fastest-Growing Segments |
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Platform-Type |
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. |
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Pilot Control Type |
Yokes, Side Sticks, Rudder Brake Pedal Systems, and Throttle Quadrant Assembly |
Yoke is anticipated to remain dominant. In contrast, throttle quadrant assembly will be the fastest-growing pilot control type in the market over the next five years. |
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End-User-Type |
OE & Aftermarket |
OE remains the dominant and fastest-growing end-user type over the next five years. |
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Regional 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. |
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.
In its recent outlook (2022-2041), Boeing 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.
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.
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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.
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.
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Asia-Pacific is expected to witness the highest growth rate during the forecast period and driven by upcoming indigenous aircraft by China (C919) coupled with the increasing defense budgets of emerging Asian economies.
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:
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.
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.
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth Analysis of the Aerospace Pilot Control Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market Segment Analysis and Forecast |
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Which are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
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
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 many 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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