HOME Research Insight Contracts and Acquisitions are the key Growth Strategies Adopted by the Leading Market Players to Strengthen their Position in the Aircraft Flight Control System Market



Contracts and Acquisitions are the key Growth Strategies Adopted by the Leading Market Players to Strengthen their Position in the Aircraft Flight Control System Market


Aircraft flight control systems play a crucial role in aircraft flight operations, such as aircraft landing, take-off, roll, pitch, and yaw, as they help in maneuvering aircraft. These systems are a combination of mechanical and electronic equipment, which provide exceptional precision and reliability to an aircraft during its flight.

Growth of the aircraft flight control system market is dependent on increased number of aircraft deliveries of commercial aircraft and unmanned aerial vehicles in various countries across the globe. The aircraft flight control system market is projected to grow from USD 11.85 Billion in 2016 to USD 16.59 Billion by 2021, at a CAGR of 6.97% from 2016 to 2021. Rise in air passenger traffic across the globe, upgradation of aircraft, and increased use of unmanned aerial systems in military programs across the globe, are the key factors driving the growth of the aircraft flight control system market.   

Honeywell International, Inc. (U.S.), Safran S.A. (France), BAE Systems plc. (U.K.), Rockwell Collins, Inc., (U.S.), Liebherr Group (Switzerland), Moog Inc. (U.S.), and United Technologies Corporation (U.S.), among others are the key players in the aircraft flight control system market.

Contracts and acquisitions are the key growth strategies adopted by the leading market players to strengthen their position in the aircraft flight control system market. The core competencies of these leading market players include expansion of their geographical presence by making increased investments in R&D activities of local players.

Honeywell International, Inc. (U.S.) has a strong product portfolio and focuses on expansions and contracts to increase its product offerings and market shares. In August 2016, the company announced its plans to set up a manufacturing unit of aircraft flight control system in Malaysia to expand its business in the Middle East and Asia-Pacific markets. The company is a massive supplier of technologically advanced aerospace products and services for commercial and military end users across 26 countries. Its well-established distribution network is as an important factor for its future growth in the aircraft flight control system market. All the aforementioned factors are expected to provide competitive edge to the company over other key players in the market.

Moog Inc. has a diverse product portfolio and core competencies for aircraft flight control systems. The company is also a key manufacturer of subcomponents, such as actuation systems and flight control computers used in aircraft flight control systems. In-house manufacturing capabilities of the company have been helping it to reduce its manufacturing cost and improve its operational efficiency. The company focuses mainly on R&D activities, which involve applied research, launch of new products and systems, and carrying out concept studies. Within the aircraft controls business segment, the research & development expenses of the company increased to USD 11 Million in 2015, owing to increased R&D activities for carrying out advancements in Embraer E-Jet program.

These companies had been involved with various projects on aircraft flight control system for Airbus and Boeing aircraft. In March 2016, UTC Aerospace Systems received a contract from Boeing to provide horizontal stabilizer trim actuators for Boeing 777X to trim and stabilize the aircraft in pitch axis during its flight. In July 2014, Rockwell Collins, Inc. received a contract from Boeing to provide flight control module for integrated fly-by-wire systems of its Boeing 777X series of jet airliners.

Related Reports:

Aircraft Flight Control System Market by Type (Primary, Secondary), Application (Commercial, Business, Military), Platform (Fixed, Rotary), Aircraft Type (NBA, WBA, VLA, RTA), Technology (Fly-by-Wire, Hydro-Mechanical) and Region - Global Forecast to 2021

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Markets and Markets 
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