Market NEWS: The Aircraft Flight Control System Market Is Estimated At USD 11.50 Billion In 2018 And Is Projected To Reach USD 13.67 Billion By 2023, At A CAGR Of 3.52% During The Forecast Period According to the new market research report on the "Aircraft Flight Control System Market by Component (Cockpit Controls, Primary FCC, Secondary FCC, Actuators, Standby Attitude and Air Data Reference Unit), Type, Technology, End User (Linefit, Retrofit), Platform, and Region - Global Forecast to 2023",. Factors such as the increase in passenger traffic, rise in aircraft deliveries, and upgradation of old aircraft are expected to drive the aircraft flight control system market. Press Release https://www.marketsandmarkets.com/PressReleases/aircraft-flight-control-system.asp Browse 84 market data Tables and 42 Figures spread through 138 Pages and in-depth TOC on "Aircraft Flight Control System Market - Global Forecast to 2023" Early buyers will receive 10% customization on reports. Cockpit controls segment is projected to witness the highest growth during the forecast period. Based on component, the cockpit controls segment of the aircraft flight control system market is projected to witness the highest growth during the forecast period. This can be attributed to the increasing aircraft deliveries globally on account of increasing orders for new aircraft from commercial and domestic airliners. The demand for new aircraft from airliners is increasing due to the year on year increase in the global air passenger traffic. Fly by wire technology segment is projected to witness the highest growth during the forecast period. Based on technology, the fly by wire segment of the aircraft flight control system market is projected to witness the highest growth during the forecast period, as this is the most widely used flight control technology in the aviation industry. Fly by wire systems are reliable in adverse environmental condition with good signal transmission capability. Linefit end-user segment is expected to grow at a higher CAGR during the forecast period. Based on end user, the linefit segment of the aircraft flight control system market is projected to grow at a higher CAGR during the forecast period. The increasing orders for commercial aircraft are expected to drive this segment. Asia Pacific aircraft flight control system market is projected to witness the highest growth during the forecast period. The Asia Pacific region is one of the fastest-growing market for aircraft flight control systems due to an increase in the number of flight hours and passenger traffic in the region. Countries such as India and China have seen a tremendous increase in the passenger traffic, owing to the growing economy and disposable income of consumers in these countries. This increase in passenger traffic and flight hours is expected to drive the demand for aircraft flight control systems in the Asia Pacific region during the forecast period.
Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=117067292 Major players in the aircraft flight control system market include Parker Hannifin Corporation (US), Honeywell (US), and Moog (US). Demand for aircraft flight control systems from the Maintenance, Repair and Overhaul (MRO) companies. Based on component, the aircraft flight control system market has been segmented into the different types of AFCS components used in different systems such as cockpit controls, primary flight control computer, secondary flight control computer, elevator actuators, trim hydraulic stabilizers actuators, aileron actuators, spoiler actuators, trim actuators, standby attitude and air data reference unit (SAARU), and others. These components help convert physical signal by pilot or electrical signals by autopilot into a proper form so that other aircraft systems can access it. Based on platform, the aircraft flight control system market has been segmented into fixed wing and rotary wing. The fixed wing segment is expected to grow at a higher CAGR, owing to the increasing number of fixed wing aircraft fleet worldwide. Free Workshop https://www.marketsandmarkets.com/FreeWorkshop.asp?id=117067292 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com