Aircraft Ignition System Market By Product Type (Electronic and Magneto (Low Tension Magneto System and High Tension Magneto System)), Component (Spark Plugs, Igniters, Leads, Exciters and Other Components), Engine Type (Reciprocating Engine and Turbine Engine) and End User (Aftermarket and OEM) - Global Industry Analysis And Forecast To 2025
The ignition system has the function of providing a spark of electrical power to ignite the mixture of fuel/air present in the cylinders. The ignition system present in the aircraft is totally independent of the system of aircrafts electrical aspect. The magneto type of system of ignition is utilized in most of the engines of reciprocating aircraft. The magnetos are the engine driven independent units providing electrical current without utilizing the outside current source. Present day aircraft engines are needed by to have the system of dual ignition that is, two different magnetos to provide the electric current for the two starts connects contained in every barrel. One of the system of magneto supplies current for one arrangement of plugs; the other system of magneto supplies current for the next arrangement of plugs. Therefore, the Aircraft Ignition System Market is anticipated to expand and has tremendous scope during the forecast period. The global Aircraft Ignition System Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Based on Product Type the market is segmented into Electronic and Magneto (Low Tension Magneto System and High Tension Magneto System). The Electronic section is leading the market owing to increasing replacement of the traditional magneto ignition systems done by the electronic version.
Based on Component the market is segmented into Spark Plugs, Igniters, Leads, Exciters and Other Components.
Based on Engine Type the market is segmented into Reciprocating Engine and Turbine Engine.
Based on End User the market is segmented into Aftermarket and OEM. The Aftermarket section is leading the market owing to rising number of aircrafts and the after sale service & maintenance.
The North American region leading the market owing to rising air traffic across the globe, growing number of deliveries through aircrafts, increasing disposable income with the middle class across the globe, etc.
Aircraft Ignition System Market, By Region
- North America
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
- Woodward Inc.
- Unison LLC
- Generation 3 Ignition
- Meggitt PLC
- TransDigm Inc. (Champion Aerospace Inc.)
- Sky Dynamics Corp.
- SureFly Partners LTD.
Some of the key questions answered by the report are:
- What was the market size in 2014 and forecast from 2015 to 2025?
- What will be the industry market growth from 2015 to 2025?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?