Aircraft Ignition System Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Factors such as growing acceptance of electronic ignition systems and technological progressions in the aircraft ignition systems are bolstering the growth of the global market.
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Aircraft Ignition System Market- Snapshot
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Growth
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6.2% for the next five years
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Major End-User Type
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Aftermarket
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Major System Type
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Electronic Ignition
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Dominant Component Type
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Ignition Leads
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Region with the highest demand
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North America
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Key Players
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Aero, ElectroAir, Meggitt PLC, Sky Dynamics, The Surefly, TransDigm Group, and Unison.
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Aircraft Ignition System Market Share: By End-User Type
Based on the end-user type, the market is segmented as aftermarket and original equipment manufacturer (OEM). The aftermarket segment dominated the market in 2019, and is estimated to maintain its legacy during the forecast period. The aftermarket comprises substitution of parts and maintenance services for installed components. Different components of aircraft ignition systems, such as ignitors, ignition leads, exciters, spark plugs, distributors, capacitors, and switches are changed during the maintenance procedures, which in turn, underpins the growth of the segment during the forecast period.
Aircraft Ignition System Market Share: By System Type
Based on the system type, the market is segmented as electronic ignition system and magneto ignition system. The electronic ignition system segment led the market in 2019, and is likely to command during the forecast period as well. Technological developments in the arena of aircraft ignition systems have significantly influenced the evolution of electronic ignition systems that are dependable and bear an extended lifespan against the conventional ignition systems employed in the aircraft, such as Lycoming Piston Engine Solid State Ignition System, CH42PR20A.
Aircraft Ignition System Market Share: By Component Type
Based on the component type, the market is segmented as igniters, ignition leads, exciters, spark plugs, and others. The ignition leads segment is estimated to register the highest growth during the forecast period.
Aircraft Ignition System Market Share: By Region
In terms of regions, North America dominated the aircraft ignition system market in 2019, and is expected to govern the market during the forecast period. The regional presence of numerous leading manufacturers, such as Woodward, Unison, TransDigm, Air Power Inc., and ElectroAir is bolstering the growth of the market for aircraft ignition system during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.
Some of the major players in the aircraft ignition system market are Aero, ElectroAir, Meggitt PLC, Sky Dynamics, The Surefly, TransDigm Group, and Unison.
Market Scope & Segmentation
Aircraft Ignition System works by offering an electrical spark for igniting the fuel that is there in the cylinders. This particular system is kept separate from the electrical system of the aircraft.
Aircraft Ignition System works on the electronic ignition system and the magneto ignition system. Igniters, exciters, ignition leads, spark plugs, and others are some of the components of the aircraft ignition system.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Aircraft Ignition System Market Research Report - Features
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Market Segmentation
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6
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Regions Covered
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4
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Countries/Sub-Regions Covered
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17
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No. of Figures & Tables
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>150
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Company Profiles
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6
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The aircraft ignition system market is segmented into the following categories.
Aircraft Ignition System Market Size, Share, & Forecast, by End-User Type:
- Aftermarket
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Aftermarket Type Analysis: Solution Type)
- Original Equipment Manufacturer (OEM) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Ignition System Market Size, Share, & Forecast, by System Type:
- Electronic Ignition System (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Magneto Ignition System
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Ignition System Type Analysis: High-Tension Ignition Systems and Low-Tension Ignition Systems)
Aircraft Ignition System Market Size, Share, & Forecast, by Component Type:
- Igniters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Ignition Leads (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Exciters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Spark Plugs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Ignition System Market Size, Share, & Forecast, by Engine Type:
- Turbine Engine
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Engine Type Analysis: Turbofan, Turboprop, Turboshaft, and Turbojet (APU))
- Reciprocating Engine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Ignition System Market Size, Share, & Forecast, by Platform Type:
- Fixed-Wing Aircraft
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Platform Type Analysis: Commercial Aviation, Military Aviation, and General Aviation)
- Rotary-Wing Aircraft
- (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- (Platform Type Analysis: Military Helicopters and Civil Helicopters)
- Unmanned Aerial Vehicles (UAVs) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aircraft Ignition System Market Size, Share, & Forecast, 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: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of 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 book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the 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 trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report 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 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the engine types by end-user type.
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 at [email protected].
