Aircraft Switches Market Size, Share, Growth Analysis, By Switch Type (Manual and Automatic), By Application (Cockpit, Engine), By Platform (Commercial Aircraft, Electric Aircraft), By Region -Industry Forecast 2024-2031


Report ID: SQMIG20A2270 | Region: Global | Published Date: November, 2024
Pages: 172 |Tables: 0 |Figures: 0

Aircraft Switches Market Insights

Global Aircraft Switches Market size was valued at USD 2.22 Billion in 2022 and is poised to grow from USD 2.30 Billion in 2023 to USD 3.01 Billion by 2031, growing at a CAGR of 3.9% in the forecast period (2024-2031).

The demand for fly-by-wire systems in aircraft is increasing, especially due to the increased need for lightweight aircraft. Fly-by-wire systems are simply those that utilize processors to process flight control inputs from the pilot or autopilot. They apply identical electrical impulses, via electrical switches, to the flight control actuators. This is anticipated to increase business since more fly-by-wire systems are being sought for the newer aircraft. For instance, the Indian Defense Ministry announced in February 2024 that the Tejas light combat fighter will feature an indigenously designed digital fly-by-wire flight control computer, which it terms as a landmark for the aircraft program. The DFCC was inducted into the prototype LSP7 on 19 February 2024, a landmark advance towards the Tejas Mk1A program. The demand for electrical aircraft switches will rise with the fly-by-wire system, which is gaining acceptance because of the many benefits that it offers, such as being light in weight, of high reliability, and quite effective to control. Demand for IFEC has also been on the rise due to the customized model replacing traditional seatback screens with limited entertainment choices. Furthermore, the demand for in-flight entertainment and connectivity would increase as technology advances in seat design with real-time data and connectivity, which would increase the need for the advanced electrical and electronic switches even higher. Increased numbers of tech-savvy passengers would raise the demand for digital and electronic airplane switches.

Market Snapshot - (2024-2031)

Global Market Size

Largest Segment

Fastest Growth

Growth Rate

CAGR

Global Aircraft Switches Market ($ Bn)
Country Share for North America Region (%)

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Aircraft Switches Market Segmental Analysis

The Global Aircraft Switches Market is segmented into switch type, platform, application, end user, and region. Depending on the switch type, the market is bifurcated into manual and automatic. By platform, it is classified into commercial aircraft, military aircraft, general aviation aircraft, business aircraft, electric aircraft, UAV, Helicopter. According to application, the market is divided into cabin, cockpit, landing gear, engine, and others. As per end user, it is categorized into OEM and aftermarket. Regionally, the market is studied across North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

Analysis by Switch Type

The manual segment of the aviation switches market has always maintained dominance in market share because of the widespread usage of various types of manual switches such as rotary, push-button, and toggle switches in aircraft cockpits. Such switches are essential for several cockpit tasks due to dependability, tactile feedback, and the simplicity of their use. Used by pilots to navigate, communicate, and monitor the system for effective operation and safety, manual controls ensure the system works at its optimal best. Pilots work better in emergency situations if they are accustomed to using manual switches. This segment, thus maintains its importance in terms of standards of performance and functionality remaining at a high level in aviation environments and keeps dominating the aircraft switch market.

However, the automatic segment is expected to grow significantly during the forecast period. More electric aircraft will be the driving force behind increased demand for more airplanes with higher requirements for electric aircraft. Applications in this group include limit switches, pressure switches, relays, solenoids, and similar high-performance devices meant to enhance system automation. Electric propulsion systems are forcing the integration of complex automated control systems to be wrapped into the switching system, thereby making more frequent usages for high performance, weight saving, and energy efficiency. It is highly expected that the demand for automated switches will surge as the aviation industry focuses on advanced design and sustainable technology, driving investment and innovation in this emerging market niche.

Analysis by Application

The Cockpit segment had the highest market share for the year 2023, and this trend is most anticipated to continue for a considerable period of time. Approximately 75% of switches are installed in an aircraft's cockpit. Therefore, the cockpit is an important part of the aviation business. The growing adoption of fly-by-wire systems, which do not use any mechanical connections, but rather electronic controls, are expected to positively impact the growth of this market. These technologies give more accurate control and thrust, making flying more efficient and safer. For instance, the new model of Boeing Max 747-8 has over 380 switches and controls. This indicates how the modern cockpit designs become complicated and advanced, which is a critical aspect in the control of advanced avionics and systems.

The engine segment is projected to grow between 2024 and 2031 at a robust CAGR. This growth is a result of increasing demand for limit switches, pressure switches, and all other devices which enhance better engine economy and performance. The growing role of automatic switches in streamlining the operation of the engines used in aviation industries has led to growth because it allows for more efficient control and management of parameters through improved monitoring, diagnostics, and control. This standing for the engine segment as a critical area for innovation and investment in the coming years is further cemented by the drive in aviation towards more advanced, automated systems.

Global Aircraft Switches Market By Switch Type

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Aircraft Switches Market Regional Insights

North America held the largest share of the market, valued at USD 1.05 billion in 2023, due to prominent manufacturers of aircraft and aircraft switch manufacturing companies in the region. The US houses giant aerospace companies such as GE Aviation, Boeing, Lockheed Martin Corporation, and Raytheon Technologies Corporation. Further, top aircraft switch manufacturers, including Collins Aerospace, Curtiss-Wright Corporation and Honeywell International Inc. are going to boost the airplane switches market growth in North America. That is the region that continues to be the leader in airplane switches market due to a combination of long-standing industry leaders and ongoing innovation.

Asia-Pacific market shall surge into growth in the given period due to increased investment in the aviation industry by China, Japan, and India. The financial boost on account of this investment shall empower airlines to procure aircraft much more rapidly, thereby increasing the demand for aircraft changes exponentially. Other than that, as governments continue to spend more money on modernizing their existing fleets, military aircraft procurement in the region is expected to expand and support market growth. The region is expected to be amongst the main growth areas for the global aircraft switches market, with suppliers and manufacturers containing a plethora of opportunities.

Global Aircraft Switches Market By Geography
  • Largest
  • Fastest

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Aircraft Switches Market Dynamics

Drivers

Rising Demand for Fly-by-Wire Systems

  • Demand for airplane switches is relatively directly influenced by the rise of fly-by-wire technologies in new-generation aircraft. Such systems improve effectiveness and safety of operations because traditional mechanical controls are replaced with electronic ones. As manufacturers continue to adapt more advanced avionics and automation systems in aircraft, the demand for special switches that would efficiently run such systems will increase.

Expansion of Commercial Aviation

  • Growth in the commercial aviation sector, especially in growing economies, also has a significant impact on the aircraft switches market. Airlines expand their fleet size to meet the increasing passenger demands, making the changes and purchase of newer aircraft inevitable. Increased purchase of both commercial and regional aircraft due to upgrading efforts by various governments in respect to improve air travel infrastructure also describes this boom.

Restraints

High Manufacturing Cost of Custom Switches

  • Due to advanced technology and novel materials needed for reliability assurance, safety concerns, and compliance with the stringent aeronautical regulations, the cost of manufacturing custom airplane switches is yet a major limitation placed on this market. This might serve as a barrier to entry for smaller producers while also predicted to be passed on to the final consumers in the form of higher prices that would negatively affect demand.

Complex Regulatory Policies

  • International aviation authorities have introduced certain guidelines and regulations that have a strong impact on the aircraft switches market. In such cases, manufacturers are expected to face difficulties in following the given technical specifications, which is a huge investment in testing and certification processes. Such developments will impede both the development of the product and the release of the product onto the market, further curbing the growth prospects and increasing costs for the industry's producers.

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Aircraft Switches Market Competitive Landscape

Major companies in the sector are experimenting with different aircraft systems' user interface and have come up with high-end switch technologies to better its usability. For instance, Curtiss-Wright Corporation came up with the notion of Ethernet switches through which real-time data could be transmitted at a very high speed. As the connection required by aviation increased, so has their demand. Apart from that, large corporations like Honeywell International Inc., Collins Aerospace, and more are dedicated to creating excellent but at the same time economical solutions for their customers.

Top Player’s Company Profile

  • ITT Aerospace
  • TE Connectivity
  • Ametek
  • Meggitt
  • Safran
  • Hydra-Electric Company
  • Honeywell
  • Curtiss-Wright
  • United Technologies Corporation
  • Raytheon

Recent Developments

  • April 2024: Alto designed a retrofit package for cabin management systems installed in Gulfstream G200s some time back using Honeywell or Collins equipment. Among the long list of enhancements, Alto has replaced Bluetooth audio receivers with CD/DVD source equipment and removed headphone audio inputs but added optional USB-A or -C charging ports in their place.
  • February 2024: Honeywell announced that it has agreed to a contract with ST Engineering Defense Aviation Services to upgrade two Tunisian Air Force C-130s with the most advanced cockpit and mechanical component upgrades. Some of those upgrades include digital instruments, a multifunction display, integration of much equipment, and RDR7000 weather radar, a Traffic Collision Avoidance System (TCAS), and advanced flying controls.
  • February 2024: Tejas light combat fighter gets domestically built flight control computer. The DFCC for Tejas-Mk1A was developed by Bengaluru's Aeronautical Development Establishment. The upgrades comprise an advanced electronically scanned array radar, a high-performance digital flight control computer, smart multifunction displays, an enhanced self-protection jammer, electronic warfare suit, and an advanced mission computer.

Aircraft Switches Key Market Trends

  • Shift Toward More Electric Aircraft: This trend in the market of aircraft switch owing to the more electric aircraft (MEA) is something remarkable because the aviation sector is heading towards greener technology, away from the usage of usual hydraulic systems. This all calls for taking advanced electric switches and controls in totally automated solutions, so that traveling by air can be not only efficient but sustainable too.
  • Integration of Smart Technologies: Another interesting industry development is the incorporation of IoT capabilities and smart technology into aviation systems. It has become commonplace for manufacturers to install smart switches with real-time monitoring and diagnostics that improve system performance. The most demandable ones are smart switches that can interact with other aircraft systems for predictive maintenance purposes, enhancing operational safety over time.

Aircraft Switches Market SkyQuest Analysis

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

As per SkyQuest analysis, the aircraft switches market is going to increase significantly due to increased requirements for advanced fly-by-wire systems, growing commercial aviation, and the drift toward more electric aircraft. Key regions such as North America and Asia-Pacific, where huge manufacturers are present and increasing their spending in aviation infrastructure, will abound with opportunities for players in the market. However, high production costs and complex regulatory issues can still act as barriers to further development. Manufacturers need to be responsive to a change in customer demands, and the changing needs of regulators as the industry continues to develop with smart technologies and automated solutions for the sustaining of a strong and competitive market for an airplane switch.

Report Metric Details
Market size value in 2022 USD 2.22 Billion
Market size value in 2031 USD 3.01 Billion
Growth Rate 3.9%
Base year 2023
Forecast period (2024-2031)
Forecast Unit (Value) USD Billion
Segments covered
  • Switch Type
    • Manual and Automatic
  • Platform
    • Commercial Aircraft, Military Aircraft, General Aviation Aircraft, Business Aircraft, Electric Aircraft, UAV, Helicopter
  • Application
    • Cabin, Cockpit, Landing Gear, Engine, Others
  • End User
    • OEM and Aftermarket
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
  • ITT Aerospace
  • TE Connectivity
  • Ametek
  • Meggitt
  • Safran
  • Hydra-Electric Company
  • Honeywell
  • Curtiss-Wright
  • United Technologies Corporation
  • Raytheon
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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 Aircraft Switches 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 Aircraft Switches 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 Aircraft Switches 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 Aircraft Switches 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 Aircraft Switches Market:

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

Regional Analysis: Further analysis of the Aircraft Switches 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.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Aircraft Switches Market size was valued at USD 2.22 Billion in 2022 and is poised to grow from USD 2.30 Billion in 2023 to USD 3.01 Billion by 2031, growing at a CAGR of 3.9% in the forecast period (2024-2031).

Major companies in the sector are experimenting with different aircraft systems' user interface and have come up with high-end switch technologies to better its usability. For instance, Curtiss-Wright Corporation came up with the notion of Ethernet switches through which real-time data could be transmitted at a very high speed. As the connection required by aviation increased, so has their demand. Apart from that, large corporations like Honeywell International Inc., Collins Aerospace, and more are dedicated to creating excellent but at the same time economical solutions for their customers. 'ITT Aerospace', 'TE Connectivity', 'Ametek', 'Meggitt', 'Safran', 'Hydra-Electric Company', 'Honeywell', 'Curtiss-Wright', 'United Technologies Corporation', 'Raytheon'

Demand for airplane switches is relatively directly influenced by the rise of fly-by-wire technologies in new-generation aircraft. Such systems improve effectiveness and safety of operations because traditional mechanical controls are replaced with electronic ones. As manufacturers continue to adapt more advanced avionics and automation systems in aircraft, the demand for special switches that would efficiently run such systems will increase.

Shift Toward More Electric Aircraft: This trend in the market of aircraft switch owing to the more electric aircraft (MEA) is something remarkable because the aviation sector is heading towards greener technology, away from the usage of usual hydraulic systems. This all calls for taking advanced electric switches and controls in totally automated solutions, so that traveling by air can be not only efficient but sustainable too.

North America held the largest share of the market, valued at USD 1.05 billion in 2023, due to prominent manufacturers of aircraft and aircraft switch manufacturing companies in the region. The US houses giant aerospace companies such as GE Aviation, Boeing, Lockheed Martin Corporation, and Raytheon Technologies Corporation. Further, top aircraft switch manufacturers, including Collins Aerospace, Curtiss-Wright Corporation and Honeywell International Inc. are going to boost the airplane switches market growth in North America. That is the region that continues to be the leader in airplane switches market due to a combination of long-standing industry leaders and ongoing innovation.

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