NEW YORK, July 6, 2021 /PRNewswire/ —
The aircraft fly-by-wire system market is set to grow by USD 2.64 billion, progressing at a CAGR of over 8% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Read the 120-page report with TOC on «Aircraft Fly-by-wire System Market Analysis Report by Application (Commercial Aviation, Military Aviation, and Business Aviation) and Geography (North America, Europe, APAC, MEA, and South America), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/aircraft-fly-by-wire-system-market-industry-analysis
The aircraft fly-by-wire system market is driven by the growing development of multirole fighter aircraft. In addition, the increasing demand for new generation commercial aircraft that feature advanced cockpit controls is anticipated to boost the growth of the Aircraft Fly-by-wire System Market.
Multirole aircraft find applications in air-to-air combat and air-to-ground attacks. Some examples of multirole designs are F-15E Strike Eagle, F/A-18 Hornet, F-35 Lightning II, F-16 Fighting Falcon, Eurofighter Typhoon, JAS 39 Gripen, MiG-29, MiG-35, Su-35, Su-30, Lockheed Martin F-35 Joint Strike Fighter. The power-by-wire system of F-35 represents a key advancement in the more electric aircraft topology. It integrates self-contained electro-hydrostatic actuators (EHAs) to position primary flight surfaces. An increase in the number of contracts of multirole fighters increases the demand for integration components such as FBW. Therefore, the rise in the production of such multirole aircraft is exponentially driving the demand for FBW-based FCSs, especially in military aviation.
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Major Five Aircraft Fly-by-wire System Companies:
BAE Systems Plc
BAE Systems Plc offers Primary flight control, secondary/slats and flaps flight controls and monitoring, actuator control electronics, remote electronics units, rudder and yaw control, stabilizer control and monitoring, spoiler control electronics, and monitoring, and active inceptor systems.
Honeywell International Inc.
Honeywell International Inc. offers a compact fly-by-wire system that uses the latest electronics processing technology to ensure safety and performance.
Liebherr-International AG offers a fly-by-wire system through its flight control and actuation systems.
Lockheed Martin Corp.
Lockheed Martin Corp. offers fly-by-wire systems through its subsidiary Sikorsky.
Moog Inc. offers customized aircraft fly-by-wire systems.
Aircraft Fly-by-wire System Market Application Outlook (Revenue, USD billion, 2020-2025)
- Commercial aviation – size and forecast 2020-2025
- Military aviation – size and forecast 2020-2025
- Business aviation – size and forecast 2020-2025
Aircraft Fly-by-wire System Market Geography Outlook (Revenue, USD billion, 2020-2025)
- North America – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
- South America – size and forecast 2020-2025
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