Report ID: SQMIG20A2277
Report ID:
SQMIG20A2277 |
Region:
Global |
Published Date: December, 2024
Pages:
172
|
Tables:
119 |
Figures:
67
Aircraft Switches Market size was valued at USD 2.3 Billion in 2023 and is poised to grow from USD 2.39 Billion in 2024 to USD 3.13 Billion by 2032, growing at a CAGR of 3.9% during the forecast period (2025-2032).
The demand for fly-by-wire systems in aircraft is increasing, especially due to the increased need for lightweight aircraft. Fly-by-wire systems are simply those that utilize processors to process flight control inputs from the pilot or autopilot. They apply identical electrical impulses, via electrical switches, to the flight control actuators. This is anticipated to increase business since more fly-by-wire systems are being sought for the newer aircraft. For instance, the Indian Defense Ministry announced in February 2024 that the Tejas light combat fighter will feature an indigenously designed digital fly-by-wire flight control computer, which it terms as a landmark for the aircraft program. The DFCC was inducted into the prototype LSP7 on 19 February 2024, a landmark advance towards the Tejas Mk1A program. The demand for electrical aircraft switches will rise with the fly-by-wire system, which is gaining acceptance because of the many benefits that it offers, such as being light in weight, of high reliability, and quite effective to control. Demand for IFEC has also been on the rise due to the customized model replacing traditional seatback screens with limited entertainment choices. Furthermore, the demand for in-flight entertainment and connectivity would increase as technology advances in seat design with real-time data and connectivity, which would increase the need for the advanced electrical and electronic switches even higher. Increased numbers of tech-savvy passengers would raise the demand for digital and electronic airplane switches.
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Report ID: SQMIG20A2277