Global Aircraft Ignition System Market

Global Aircraft Ignition System Market Size, Share, Growth Analysis, By Type(Electronic Ignition System, Magneto Ignition System), By Component(Exciters, Igniters), By Engine Type(Reciprocating Engine, Turbine Engine), By Platform(Fixed-Wing Aircraft, Rotary-Wing Aircraft), By End-User(Aftermarket, Original Equipment Manufacturer (OEM)) - Industry Forecast 2023-2030


Report ID: SQMIG20S2015 | Region: Global | Published Date: February, 2024 | Pages: 284 | Tables: 143 | Figures: 78

Global Aircraft Ignition System Market Insights

Aircraft Ignition System Market size was valued at USD 375.02 million in 2021 and is poised to grow from USD 391.42 million in 2022 to USD 564.14 million by 2030, growing at a CAGR of 4.4% in the forecast period (2023-2030).

The Global Aircraft Ignition System Market is predicted to grow during the forecasted period primarily due to the increase in aircraft deliveries. The growth of commercial aircraft movement due to the increase in air traffic and hence, the increase in the acquisition and leasing of more aircrafts is predicted to accelerate the market growth. For example, in June 2022, Irish aircraft leasing company, Griffin Global Asset Management announced purchase and leaseback of five Boeing 737-8 aircraft with the upcoming airline Akasa Air which will start flying from July end. The growing demand for fuel-efficient aircrafts and technological advancements in the aircraft ignition systems making it more environmentally friendly will drive the market to reduce the carbon emissions produced by flights worldwide. As per the Air Transport Action Group, the globally aviation is responsible for 12% of CO2 emissions from all transport sources as compared to 74% from road transport.

The increased application of unmanned aerial vehicles and growing integration of aircraft ignition systems in them will drive the market. As of May 2022, 865,505 drones were registered in the US as per data released by the Federal Aviation Administration. In addition, the growth of ignition control systems for unmanned aerial vehicles will further expand the market. Overall, the market for aircraft ignition systems is positively impacted by the increase in aviation safety standards, high acceptance of electronic ignition systems, rise in investments through research and development, increase in aircraft acquisition and leasing, rise in the number of commercial aircraft, and rise in consumer disposable income.
The Covid-19 crisis has clearly hampered the growth of the market due to the declared lockdowns and travel restrictions. Research and development in aircraft’s ignition systems was also affected as revenues of the companies were affected. The market for aircraft ignition systems was also influenced directly by the defence budget cuts made by major defence buyers as a result of COVID-19. Higher investments and stringent aircraft system design regulation and complexity are predicted to obstruct the growth of the aircraft ignition system market.

US Aircraft Ignition System Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 375.02 million

Fastest Growth

Reciprocating Engine

Growth Rate

4.4% CAGR

Global Aircraft Ignition System Market ($ Bn)
Country Share for North America (%)
Global Aircraft Ignition System Market BY Type (%)

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Global Aircraft Ignition System Market Segmental Analysis

The Global Aircraft Ignition System Market is segmented based on Type, component, engine type, platform, end-user and region. Based on the type, the Aircraft Ignition System Market is segmented into electronic ignition system and magneto ignition system. Based on component, the Aircraft Ignition System Market is segmented into exciters, igniters, ignition leads, spark plugs and others. Based on Engine Type, Aircraft Ignition System Market is categorized into reciprocating engine and turbine engine. Based on Platform, Aircraft Ignition System Market is divided into fixed-wing aircraft, rotary-wing aircraft and unmanned aerial vehicle. Based on End-User, Aircraft Ignition System Market is segmented into aftermarket and original equipment manufacturer (OEM). Based on Region, Aircraft Ignition System Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Aircraft Ignition System Market Analysis by Type

The market is bifurcated into electronic ignition system and magneto ignition system. The magneto ignition system segment is further divided into high tension magneto system and low-tension magneto system. The electronic ignition system market is expanding at the fastest rate due to the increasing replacement of the conventional ignition system. The electronic ignition system helps in decreasing carbon footprint by reduced carbon emissions which drives its demand globally. Compared to traditional ignition systems used in aircraft, such as the Lycoming Piston Engine Solid State Ignition System, it is dependable and has a longer lifespan.

Aircraft Ignition System Market Analysis by Component

The market is divided into exciters, igniters, ignition leads, spark plugs, and others. While the spark plug is predicted to rule the market in the base year because of its superior insulation properties, high flexibility, and high heat resistance, ignition leads are predicted to grow at the fastest growth rate due to their increased demand to offer more safety, low resistance value, which allows superior conductivity, advanced insulating material, and exceptional long-life durability among others.

Aircraft Ignition System Market Analysis by Engine Type

Based on engine type, the market is segmented into reciprocating engine and turbine engine. Since turbine engines have a number of advantages, including high speed, the capacity to fly at great altitudes, vibration-free operation, and a longer interval between overhauls, it is expected that their use will increase significantly throughout the forecast period. Additionally, because of their enormous size, they can carry more passengers and travel farther than reciprocating engines.

The market for reciprocating engines is also projected to increase because they show advantages in single cycle efficiency, highly efficient part load operation and a very fast start-up performance as compared to turbine engines. If necessary, reduced load operation at a percentage of 25% or less is also conceivable. Reciprocating gas engines are thus perfectly adapted to compensate for fluctuating renewable energy generation.

Aircraft Ignition System Market Analysis by Platform

By platform, the market is divided into fixed wing aircraft, rotary-wing aircraft, and unmanned aerial vehicles. The market for unmanned aerial vehicles (UAVs) is anticipated to hold the largest share due to its expanding use in the military and commercial sectors. Additionally, the sector is projected to benefit from aspects including high endurance, cheap operating costs, and an increase in sortie rates.

Aircraft Ignition System Market Analysis by End-User

Based on the end-user, the market for aircraft ignition systems is segmented into original equipment manufacturer (OEM) and aftermarket. Due to the rising demand for secure component mounting and part replacement, the aftermarket segment is expected to dominate the market throughout the forecasted period.

Global Aircraft Ignition System Market BY Type, 2021 (%)

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Global Aircraft Ignition System Market Regional Insights

North America, Europe, Asia Pacific, and the rest of the world are the regions that make up the aviation ignition system market. In 2021, North America recorded a sizable market share. North America is predicted to maintain its dominance during the forecast period due to the presence of several important OEMs, such as Transdigm Group, Inc., Electroair electronic ignition system (EIS), Woodward Inc., and others. Moreover, the market expansion in North America is being driven by the quick uptake of novel, highly fuel-efficient technology-based systems. During the forecast period, Asia Pacific is anticipated to expand at a substantial growth rate due to the region's growing need for commercial aircraft as a result of the region's rapidly growing air traffic in countries like China, India, and South Korea. During the years forecasted years, the rest of the world's economy would expand slowly due to fewer commercial aircraft deliveries as a result of COVID-19's global expansion.

Global Aircraft Ignition System Market By Region, 2023-2030
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Global Aircraft Ignition System Market Dynamics

Aircraft Ignition System Market Driver

The market for aircraft ignition systems has been primarily driven by growth in aircraft deliveries and a rise in demand from unmanned aerial vehicles

  • One of the key reasons propelling the growth of the aircraft ignition system market is the rise in the usage of electronic ignition systems throughout the aircraft industry. The increase in commercial aircraft movement brought on by increased air traffic and the resulting rise in demand for purchasing and leasing more aircrafts speed up market expansion. The market is also influenced by the expanding technological developments in aircraft ignition systems and the growing need for these systems in UAVs. Additionally, the market for aircraft ignition systems is positively impacted by rising aircraft safety requirements, widespread use of electronic ignition systems, growth in commercial aircraft, a rise in consumer disposable income, and an increase in investments.

Technology advancements, such as the creation of miniature ignition systems, present an opportunity for industry expansion

  • The aerospace industry's usage of miniature ignition systems and the development of new aircraft models give key market players more lucrative opportunities during the forecasted years. For examples, the CTR HiPoLas ignition system, which was first created for the igniting of automobile engines, has recently attained a high level of stability and downsizing to enable competitive operation on spacecraft engines. The fifth generation of this Nd:YAG laser system has been tested on a range of combustors and has achieved more than 1500 successful engine ignitions. It has been specially tailored for the ignition of cryogenic thrust chambers.

Aircraft Ignition System Market Restraint

Stringent aircraft system design regulations to limit the market growth

  • The International Civil Aviation Organization (ICAO) adopted a new aircraft CO2 emissions standard in March 2017 that will be imposed starting in 2020 for newly designed aircraft types and starting in 2023 for aircraft types that are already in production. Additionally, the legislation outlines the requirements for engine change to guarantee complete compliance by 2028. The design of the engine, including supporting systems like the exhaust systems, has a direct impact on the aircraft combustion cycle.

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Global Aircraft Ignition System Market Competitive Landscape

The market is extremely competitive, with participants striving for the biggest share. The businesses in this sector supply original equipment manufacturers (OEMs) and system integrators. Among the most common market methods used are long-term agreements for the delivery of parts and precisely designing these systems to meet client requirements. One of the most important factors taken into account by their customers is receiving compliance certification from various regulatory authorities to guarantee the quality of the product. In a highly competitive market climate, vendors must offer cutting-edge systems to aircraft OEMs if they want to survive. Due to a surge in product/service extensions and technological advancements, the competitive situation in the market is expected to intensify even further.

Aircraft Ignition System Market Top Players Company Profiles

  • Woodward Inc. (US)
  • Unison, LLC (US)
  • Champion Aerospace LLC
  • Meggitt PLC
  • Sky Dynamics Corporation
  • G3I srl
  • Aero Accessories, Inc.
  • Electroair
  • Tempest Plus Marketing Group, Inc.
  • Kelly Aerospace, Inc.
  • Transdigm Group Inc.
  • Denso Corporation
  • SureFly Partners Ltd.
  • Slick Magneto
  • Aerospace Components Inc.
  • Continental Motors Group
  • Hartzell Engine Technologies
  • Beilite Aerospace
  • Brisk USA Spark Plugs
  • Global Aviation Co.

Aircraft Ignition System Market Recent Developments

  • In June 2022, TransDigm announced that it has completed acquisition of DART Aerospace which is a supplier of highly engineered, helicopter mission equipment solutions.
  • In May 2020, The Texas Commission on Environmental Quality granted Lhoist North America permission to build a brand-new, energy-efficient Aircraft Ignition System kiln at its New Braunfels, Texas, site. The regulatory approval will assist the company's capacity development and shorten the turnaround time for serving customers in North America.

Global Aircraft Ignition System Key Market Trends

  • Increasing need for controlling expanding air traffic to drive aircraft ignition system market. The demand for new aircraft has increased along with the number of commercial flights, which has boosted the market for aircraft ignition systems worldwide. The increase in the number of air travel across the globe is one of the obvious factors driving the growth of the aeroplane start framework market. Additionally, the growing adoption of cutting-edge innovations in aeroplane start frameworks is promoting market growth on a global scale. The primary trend driving the market for airplane start frameworks is the replacement of traditional magneto start frameworks with electronic start frameworks. Over the past few decades, the conventional magneto starts frameworks have gained a larger share of the market. The requirements for airplane motors are, however, rapidly evolving due to advancements in aviation technology. The increased popularity of the next generation hardware start frameworks is due to their smaller size, improved eco-friendliness, increased reliability, and lower support costs. Hence, this is likely to influence the market growth.

Global Aircraft Ignition System Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analysis, the growth in aircraft deliveries and a rise in demand from unmanned aerial vehicles are the major drivers. Moreover, the recent technology advancements, such as the creation of miniature ignition systems and development of new aircraft models present several opportunities for industry expansion. The growing integration of aircraft ignition system in unmanned aerial vehicles to drive the market growth.

Report Metric Details
Market size value in 2021 USD 375.02 million
Market size value in 2030 USD 564.14 million
Growth Rate 4.4%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Million
Segments covered
  • Type
    • Electronic Ignition System, Magneto Ignition System
  • Component
    • Exciters, Igniters, Ignition Leads, Spark Plugs, Others
  • Engine Type
    • Reciprocating Engine, Turbine Engine
  • Platform
    • Fixed-Wing Aircraft, Rotary-Wing Aircraft, Unmanned Aerial Vehicle
  • End-User
    • Aftermarket, Original Equipment Manufacturer (OEM)
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Woodward Inc. (US)
  • Unison, LLC (US)
  • Champion Aerospace LLC
  • Meggitt PLC
  • Sky Dynamics Corporation
  • G3I srl
  • Aero Accessories, Inc.
  • Electroair
  • Tempest Plus Marketing Group, Inc.
  • Kelly Aerospace, Inc.
  • Transdigm Group Inc.
  • Denso Corporation
  • SureFly Partners Ltd.
  • Slick Magneto
  • Aerospace Components Inc.
  • Continental Motors Group
  • Hartzell Engine Technologies
  • Beilite Aerospace
  • Brisk USA Spark Plugs
  • Global Aviation Co.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Aircraft Ignition System Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Aircraft Ignition System Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Aircraft Ignition System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Aircraft Ignition System Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Aircraft Ignition System Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Aircraft Ignition System Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQ's

Aircraft Ignition System Market size was valued at USD 375.02 million in 2021 and is poised to grow from USD 391.42 million in 2022 to USD 564.14 million by 2030, growing at a CAGR of 4.4% in the forecast period (2023-2030).

The market is extremely competitive, with participants striving for the biggest share. The businesses in this sector supply original equipment manufacturers (OEMs) and system integrators. Among the most common market methods used are long-term agreements for the delivery of parts and precisely designing these systems to meet client requirements. One of the most important factors taken into account by their customers is receiving compliance certification from various regulatory authorities to guarantee the quality of the product. In a highly competitive market climate, vendors must offer cutting-edge systems to aircraft OEMs if they want to survive. Due to a surge in product/service extensions and technological advancements, the competitive situation in the market is expected to intensify even further. 'Woodward Inc. (US)', 'Unison, LLC (US)', 'Champion Aerospace LLC', 'Meggitt PLC', 'Sky Dynamics Corporation', 'G3I srl', 'Aero Accessories, Inc.', 'Electroair', 'Tempest Plus Marketing Group, Inc.', 'Kelly Aerospace, Inc.', 'Transdigm Group Inc.', 'Denso Corporation', 'SureFly Partners Ltd.', 'Slick Magneto', 'Aerospace Components Inc.', 'Continental Motors Group', 'Hartzell Engine Technologies', 'Beilite Aerospace', 'Brisk USA Spark Plugs', 'Global Aviation Co.'

One of the key reasons propelling the growth of the aircraft ignition system market is the rise in the usage of electronic ignition systems throughout the aircraft industry. The increase in commercial aircraft movement brought on by increased air traffic and the resulting rise in demand for purchasing and leasing more aircrafts speed up market expansion. The market is also influenced by the expanding technological developments in aircraft ignition systems and the growing need for these systems in UAVs. Additionally, the market for aircraft ignition systems is positively impacted by rising aircraft safety requirements, widespread use of electronic ignition systems, growth in commercial aircraft, a rise in consumer disposable income, and an increase in investments.

Increasing need for controlling expanding air traffic to drive aircraft ignition system market. The demand for new aircraft has increased along with the number of commercial flights, which has boosted the market for aircraft ignition systems worldwide. The increase in the number of air travel across the globe is one of the obvious factors driving the growth of the aeroplane start framework market. Additionally, the growing adoption of cutting-edge innovations in aeroplane start frameworks is promoting market growth on a global scale. The primary trend driving the market for airplane start frameworks is the replacement of traditional magneto start frameworks with electronic start frameworks. Over the past few decades, the conventional magneto starts frameworks have gained a larger share of the market. The requirements for airplane motors are, however, rapidly evolving due to advancements in aviation technology. The increased popularity of the next generation hardware start frameworks is due to their smaller size, improved eco-friendliness, increased reliability, and lower support costs. Hence, this is likely to influence the market growth.

North America, Europe, Asia Pacific, and the rest of the world are the regions that make up the aviation ignition system market. In 2021, North America recorded a sizable market share. North America is predicted to maintain its dominance during the forecast period due to the presence of several important OEMs, such as Transdigm Group, Inc., Electroair electronic ignition system (EIS), Woodward Inc., and others. Moreover, the market expansion in North America is being driven by the quick uptake of novel, highly fuel-efficient technology-based systems. During the forecast period, Asia Pacific is anticipated to expand at a substantial growth rate due to the region's growing need for commercial aircraft as a result of the region's rapidly growing air traffic in countries like China, India, and South Korea. During the years forecasted years, the rest of the world's economy would expand slowly due to fewer commercial aircraft deliveries as a result of COVID-19's global expansion.

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Global Aircraft Ignition System Market

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