Quick Summary:
In an era where swift airspace mobility is paramount, the importance of reliable and efficient aircraft ignition systems cannot be overstated. Gain a competitive edge with an incisive understanding of the burgeoning global Aircraft Ignition Systems market, projected to magnify from US$299.5 Million in 2022 to an astonishing US$425.1 Million by 2030. Amidst the pandemic recovery, ascend the ladders of success by tapping into the potent growth sectors within this market; specifically, the Turbine Engines segment is poised to generate remarkable development with a CAGR of 4.7% till 2030.
Highlighting primary markets such as the United States, currently evaluated at US$81.6 Million, along with emerging markets like China, this report provides unparalleled insights into geographically diverse sectors. Step ahead of your competition by leveraging information distilled from notable companies like Meggitt PLC and TransDigm Group, Inc. This report is a one-stop solution for those seeking updated, comprehensive, and strategically beneficial information on the Aircraft Ignition Systems Market.
Global Aircraft Ignition Systems Market to Reach $425.1 Million by 2030
The global market for Aircraft Ignition Systems estimated at US$299.5 Million in the year 2022, is projected to reach a revised size of US$425.1 Million by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Turbine Engines, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$388.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Reciprocating Engines segment is readjusted to a revised 2.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $81.6 Million, While China is Forecast to Grow at 7.6% CAGR
The Aircraft Ignition Systems market in the U.S. is estimated at US$81.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$90.1 Million by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Select Competitors (Total 44 Featured) -
- Air Power Inc.
- Electroair
- G3I (Groupe International Interculturel Interconvictionnel)
- Meggitt PLC
- Sky Dynamics Corporation
- Surefly Partners Ltd.
- TransDigm Group, Inc.
- Unison LLC
- Woodward, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Aircraft Ignition Systems?
What is the growth rate of the Global Market for Aircraft Ignition Systems?
What is the forecasted size of the Global Market for Aircraft Ignition Systems?
Who are the key companies in the Global Market for Aircraft Ignition Systems?
| Report Attribute | Details |
|---|---|
| No. of Pages | 243 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 299.5 Million |
| Forecasted Market Value ( USD | $ 425.1 Million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Air Power Inc.
- Electroair
- G3I (Groupe International Interculturel Interconvictionnel)
- Meggitt PLC
- Sky Dynamics Corporation
- Surefly Partners Ltd.
- TransDigm Group, Inc.
- Unison LLC
- Woodward, Inc.
