Global Aircraft Ignition System Market 2018 – 2025 Published By: Accurize Market Research
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Global Aircraft Ignition System Market is Estimated to Reach $540 Million by 2025, Says Accurize Market Research
Global Aircraft Ignition System Market report
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Accurize Market Research forecast that the global market is expected to reach $540 Million by 2025; growing at a CAGR of 6.4% from 2017 to 2025. High acceptance of electronic ignition systems into the general aviation fleet to include new and better technology is one of the main factors supplementing the growth of the market.
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Global Aircraft Ignition System Market
High acceptance of electronic systems drives the market
The global aircraft ignition system market trends include improved technology in aircraft ignition systems, high acceptance of electronic ignition systems, and a rising number of aircraft deliveries. Furthermore, the development of new aircraft models is likely to offer worthwhile opportunities for the market in the coming years. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
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Global Aircraft Ignition System Market Market Segmentation
System type, component, engine type, platform, end-user, and geography are the classification of the global aircraft ignition system market. The system type segment is categorized into electronic and magneto. Exciters, igniters, ignition leads, spark plugs, and other components are the segregation of the component segment. The engine type segment is sub-segmented into the turbine engine and reciprocating engine. On the basis of the platform, the segmentation includes fixed-wing aircraft, rotary-wing aircraft, and unmanned aerial vehicles (UAVs). End-user comprises original equipment manufacturers (OEMs) and aftermarket. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Global Aircraft Ignition System Market Market Segmentation
By geography, the global aircraft ignition system market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is further split in the U.S., Canada, and Mexico, whereas Europe segment consists of the UK, Germany, Russia, France, Italy, and the Rest of Europe. Asia-Pacific is segmented into China, India, South Korea, Japan, and the Rest of Asia-Pacific while RoW is bifurcated into South America, the Middle East, and Africa. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com
Global Aircraft Ignition System Market Electronic, by system type projected to lead the aircraft ignition system market over the forecasted period On the basis of system type, electronic segment is projected to lead the aircraft ignition system market over the forecasted period. Electronic ignition systems control ignition timings over a mechanical, and vacuum advance. This is expected to fuel the growth of this segment. Unmanned aerial vehicles (UAVs), by the platform, is anticipated to gain the fastest CAGR between 2017 and 2025 The usage of UAVs has caused a decrease in operating costs & high sortie rates, as these vehicles have dangerous endurance as well as the potential for high altitude flights. Therefore, the growing applicability of UAVs in the military & commercial sectors is likely to drive the growth of this segment. Copyright Š 2019 Accurize Market Research sales@accurizemarketresearch.com
Global Aircraft Ignition System Market North America is anticipated to lead the aircraft ignition system market over the forecast period. The North American region is anticipated to lead the aircraft ignition system market over the forecast period. The growing air travel has led to a rise in air passenger traffic. The rising air passenger traffic has further contributed to growing aircraft deliveries in North America. This is expected to drive the growth of the North American aircraft ignition systems market. ď ˝
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Global Aircraft Ignition System Market Competitive Landscape Key players in the market include Air Power Inc. Transdigm Group Inc. Woodward Inc. G3I Unison LLC Meggitt Plc Electroair Surefly Inc. Sky Dynamics and Aero Inc. among others.
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