Aircraft Ignition System Market Size, Share, Growth Analysis, By Type (Electronic Ignition System, Magneto Ignition System), By Component (Exciters, Igniters), By Engine Type (Reciprocating Engine, Turbine Engine), By Platform, By End-User, By Region - Industry Forecast 2024-2031

Aircraft Ignition System Market Driver

The market for aircraft ignition systems has been primarily driven by growth in aircraft deliveries and a rise in demand from unmanned aerial vehicles

• One of the key reasons propelling the growth of the aircraft ignition system market is the rise in the usage of electronic ignition systems throughout the aircraft industry. The increase in commercial aircraft movement brought on by increased air traffic and the resulting rise in demand for purchasing and leasing more aircrafts speed up market expansion. The market is also influenced by the expanding technological developments in aircraft ignition systems and the growing need for these systems in UAVs. Additionally, the market for aircraft ignition systems is positively impacted by rising aircraft safety requirements, widespread use of electronic ignition systems, growth in commercial aircraft, a rise in consumer disposable income, and an increase in investments.

Technology advancements, such as the creation of miniature ignition systems, present an opportunity for industry expansion

• The aerospace industry's usage of miniature ignition systems and the development of new aircraft models give key market players more lucrative opportunities during the forecasted years. For examples, the CTR HiPoLas ignition system, which was first created for the igniting of automobile engines, has recently attained a high level of stability and downsizing to enable competitive operation on spacecraft engines. The fifth generation of this Nd:YAG laser system has been tested on a range of combustors and has achieved more than 1500 successful engine ignitions. It has been specially tailored for the ignition of cryogenic thrust chambers.

Aircraft Ignition System Market Restraint

Stringent aircraft system design regulations to limit the market growth

• The International Civil Aviation Organization (ICAO) adopted a new aircraft CO2 emissions standard in March 2017 that will be imposed starting in 2020 for newly designed aircraft types and starting in 2023 for aircraft types that are already in production. Additionally, the legislation outlines the requirements for engine change to guarantee complete compliance by 2028. The design of the engine, including supporting systems like the exhaust systems, has a direct impact on the aircraft combustion cycle.