An aircraft ignition system creates and supplies the electrical spark that ignites the fuel-air mixture in the aircraft engine cylinders. Main components of aircraft ignition system are induction vibrators, magnetos, booster coils, spark plugs, and igniters. The aircraft ignition system market is projected to grow from USD 338.5 Million in 2017 to USD 437.6 Million by 2022, at a CAGR of 5.27% from 2017 to 2022. The aircraft ignition system market in Asia Pacific is growing at the highest rate during the forecast period. This growth can be attributed to increasing air passenger traffic, which has resulted in increased demand for new aircraft in the region.
TransDigm is a major player in the aircraft ignition system market. The company focuses on contracts through extensive R&D activities. The company has a wide product portfolio consisting of aircraft environmental control systems. The company’s next-generation innovation and strategic investments, coupled with their strong product portfolio will boost their international growth in the future. Its strong R&D capabilities have resulted in engineering successes in each of its key business sectors. The main strategy of the company is to focus on improving the quality and of its products and services. For instance, Champion Aerospace, a subsidiary of TransDigm developed Solid State Spark Gap design (S3G) in 2016. The S3G Module is a fully solid state device configurable for highly controlled switching voltages (+/- 2% variance) on a board, or single substrate mounted configuration.
Woodward is planning to expand operation center in the US and is strengthening its position through partnerships and by establishing local production facilities. Parker Hannifin Corporation established in-country offices in Israel, the UK, the UAE, Saudi Arabia, and Qatar with the expansion of the company’s offerings in the aerospace sector. The company caters to its international customers primarily through aerospace systems, and diversified industrial business segments. The company’s next-generation innovation and strategic investments coupled with its strong product portfolio will lead to its robust international growth in the future. For instance, Woodward and GE Aviation entered into a joint venture in 2016 to provide large engine fuel systems. With this joint venture, Woodward will design, develop, and supply fuel system components for the GE90, GEnx, GE9X, and all future large commercial engines.
Aircraft Ignition System Market by System Type (Electronic, Magneto), Engine Type (Turbine Engine, Reciprocating Engine), Component (Igniters, Ignition Leads, Exciters, Spark Plugs), End User (OEM, Aftermarket), Platform, Region - Global Forecast to 2022
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