Aircraft Flight Control Systems Market

Market Leaders- Top Aircraft Flight Control Systems

The Aircraft Flight Control Systems market size is projected to grow from USD 14.5 Billion in 2022 to USD 21.5 Billion by 2027, at a CAGR of 8.2 % from 2022 to 2027. The necessity for lightweight flight control systems to fulfill the demand for modern aircraft and increased air traffic footprint is expected to influence the demand for commercial aircraft globally. However, delays in aircraft orders are anticipated to hinder market growth during the forecast period.

An aircraft flight control system combines mechanical and electronic equipment that ensures exceptional precision and reliability in controlling an in-flight aircraft. It consists of primary, secondary, and auxiliary systems, wherein primary flight control systems are used to control ailerons, elevators, and rudders, which are required to control an aircraft safely during flight for pitch, roll, and yaw movements. The secondary control systems control wing flaps, leading edge devices, spoilers, and trim systems of an aircraft and are used to improve the performance characteristics of an airplane or relieve the pilot of excessive control forces. Modern aircraft flight control systems are being developed to increase the safety, usefulness, and situational awareness of airplanes.

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Major players operating in the aircraft flight control systems market include Honeywell International Inc. (US), Moog Inc. (US), Raytheon Technologies Corporation (US), Safran SA (France), Thales  (France), Parker Hannifin Corporation (US), Curtiss-Wright Corporation (US), and BAE Systems PLC (UK). Contracts, partnerships, agreements, new product & service launches, mergers, and acquisitions are among some of the key strategies adopted by the leading market players to strengthen and sustain their position in the aircraft flight control systems market.

Honeywell International Inc.

Honeywell International Inc (US) is a global provider of manufacturing and technological services. The company provides products and services in the following areas: aerospace; turbochargers; energy-efficient goods and services for buildings, businesses, and transportation; specialty chemicals; electronic and advanced materials; process technology for petrochemicals and refining; and productivity, sensing, safety, and security products and services for structures, homes, and industries. Most of its production, sales, services and R&D operations are based in the US, Europe, Canada, Asia, and Latin America.

Raytheon Technologies Corporation

Raytheon Technologies Corporation (US) is among the leading aerospace, intelligence services, and defense companies in the world in terms of revenue and market capitalization. It conducts R&D and manufactures high-tech products like drones, satellites, guided missiles, air defense systems, aircraft engines, aircraft actuators, and aerostructure. It has four subsidiaries: Raytheon Intelligence & Space, Raytheon Missiles & Defense, Pratt & Whitney, and Collins Aerospace. The company provides aircraft actuator products through Collins Aerospace.

Thales

Thales (France) is another major player in the aircraft component market. It has a strong product portfolio to cater to the defense sector. The company is majorly focusing on R&D to develop new products and to have a competitive advantage over its competitors. The company is also focusing on securing contracts to enhance its customer base and market share across the globe. The company operates through four segments: Aerospace, Transport, Defense & Security, and Digital Identity & Security. The Aerospace segment develops onboard systems, solutions, and services for commercial airlines and air defense customers.

Safran SA

Safran SA (France), a French multinational organization, deals with the manufacturing and selling of aerospace & defense equipment and technologies. It has the following four business segments: Propulsion, Aircraft Equipment & Defense, and Aircraft Interiors. The Aircraft Equipment & Defense section includes the systems and equipment for civil and military aircraft, as well as helicopters. It also includes avionics, security systems, onboard computers, fuel systems, nacelles and reversers, and landing gear and brakes. The companys headquarters are in Paris, France, and it was established on August 16, 1924. Safran has operations in 27 countries across the globe.

BAE Systems PLC

BAE Systems PLC (UK) was incorporated in 1999 and has its headquarters in London, United Kingdom. BAE System PLC Is a leading manufacturer of flight control systems for a variety of military aircraft. BAE Systems PLC operates through five business segments, namely: Air, Electronics Systems, Platform & Services, Maritime, Cyber & Intelligence. BAE Systems PLC is the successor to numerous aircraft, shipbuilding, armored vehicles, armaments, and defense electronics companies.

Related Reports:

Aircraft Flight Control Systems Market by Component (Cockpit Controls, Flight Control Computer, Actuators, Sensors), Platform (Commercial Aviation, Military Aviation, Business & General Aviation), Fit, Technology and Region - Global Forecast to 2027

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Aircraft Flight Control Systems Market Size,  Share & Growth Report
Report Code
AS 4827
RI Published ON
10/21/2022
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