What is the Global market size of the Aircraft Flight Control System Market?

Global Aircraft Flight Control System Market size was valued at USD 13.4 billion in 2021 and is poised to grow from USD 14.5 billion in 2022 to USD 27.24 billion by 2030, growing at a CAGR of 8.2% in the forecast period (2023-2030).

Aircraft Flight Control System Market Size, Share, Growth Analysis, By System(Flight Control Systems, Communication Systems, Navigation Systems, Monitoring Systems), By Mechanism(Fly-By-Wire System, Hydro-Mechanical System, Mechanical System), By End-User(Line-fit, Retrofit), By Platform(Commercial Aviation, Military Aviation, Business Jets & General Aviation), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45F2125 | Region: Global | Published Date: February, 2024
Pages: 273 | Tables: 118 | Figures: 77

Aircraft Flight Control System Market News

In April 2022, Airbus, the leading aircraft manufacturer, acquired DSI Datensicherheit, the leading provider of ground and naval equipment solutions, which is the leading European manufacturer of cryptography for space applications to boost the development of end-to-end security systems.
In December 2021, Boeing, the American multinational corporation and leading manufacturer of aircraft, and Taikoo (Shandong) Aircraft Engineering Co., Ltd., which specializes in the manufacturing of narrow-body aircraft, expanded the 737-800BCF Conversion Capacity to boost the market demand.

Aircraft Flight Control System Market Report Snapshots

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Aircraft Flight Control System Market size was valued at USD 13.4 billion in 2022 and is poised to grow from USD 14.5 billion in 2023 to USD 27.24 billion by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031).

On a regional and international scale, there are numerous major players in the aircraft flight control system industry. For the aviation and aerospace industries, these players are creating new technology and goods. For instance, in July 2021, Collins Aerospace, the leading aerospace, and defense company based in the US launched its Perigon computer, which is available for a wide range of defense and commercial platforms such as flight management systems 'BAE Systems Plc', 'Honeywell International Inc.', 'Liebherr-International AG', 'Rockwell Collins, Inc.', 'Moog Inc.', 'Safran S.A.', 'Parker Hannifin Corporation', 'Woodward, Inc.', 'General Electric Company', 'Curtiss-Wright Corporation', 'Thales Group', 'UTC Aerospace Systems', 'Meggitt PLC', 'Cobham plc', 'Sagem', 'Esterline Technologies Corporation', 'Garmin Ltd.', 'Astronics Corporation', 'Zodiac Aerospace', 'Textron Inc.'

Global air passenger traffic has increased as a result of several nations' rising per capita incomes, including those of China and India, which have increased people's access to flying. Additionally, the development of fuel-efficient aircraft has increased the global profitability of airlines, leading to economical aircraft operations. The operational effectiveness of an aircraft is influenced by several factors, including aircraft design, weather conditions, navigation and flight pathways utilized by aircraft, and flight paths themselves. The efficacy and efficiency of airline aircraft operations have increased due to developments in aircraft navigational technologies, efficient flight operations, technical operations, and ground operations. These elements have led to a rise in new aircraft orders globally, which is probably going to encourage the growth of the aircraft flight control system market.

The primary trend propelling the expansion of the global aircraft flight control system market is the rising popularity of non-linear aircraft FCSs. The analysis and design of controllers are aided by the non-linear control theory. Non-linear and adaptive controls are becoming necessary because of the diverse design specifications and innate dynamics of several flying platforms. The baseline controller was created in compliance with certain mission requirements and is customized for a particular system. An adaptive controller is added to the baseline controller for operations in highly unpredictable situations to compensate for model uncertainties, sensor flaws, and unidentified external disturbances. The need for non-linear FCSs is anticipated to become a key market driver in the upcoming years, taking into account the expanding technical advancements in military aviation as well as the requirement for fighter aircraft.

North America has the largest market share in the aircraft flight control system market due to the existence of major companies, which is predicted to dominate the market as the aerospace industry's hub. With increase in passenger traffic in Asia Pacific, the market is predicted to experience the fastest growth in nations like China and India. Additionally, the growing purchase of military aircraft is furthermore anticipated to boost market expansion in the region. Europe dominated the global aircraft flight control system market during the forecast period as a result of rising UAV development costs. The Middle East and Africa region is anticipated to experience consistent growth. Emerging Latin American manufacturers are anticipated to increase the chances for economic growth in the flight control system market in the region.

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