Market Overview:

The Global Aircraft Ignition Systems Market is likely to reach over $ 437.6 million by 2022, progressing with a CAGR of 5.27% from 2017 to 2022.

Aircraft ignition systems generate a spark to ignite a mixture of air and fuel in the combustion chambers. An ignition system ensures proper combustion of the fuel mixture in the engine. Over the past decade, high-energy electronic ignition systems for piston aircraft engines, especially in experimental aircraft, have been developed into plug and play, bolt-on products. Although their popularity is increasing, the extensive use of electronic ignition systems in aviation has been limited by concerns about battery dependency, reliability and safety of using advanced ignition timing in the aviation industry beyond what is specified on certified engines.

Recent Developments:

Woodward Governor Company announced that it will supply the integrated ignition and engine control systems for the Pratt & Whitney Canada (P&WC) PW615F turbofan engine, which will power Cessna's Cessna Mustang airliner.

Market Drivers and Restraints:

Growth in the number of aircraft deliveries, along with increased demand for UAVs, has primarily driven the market for aircraft ignition systems. However, concerns about technical deviations have had an impact on the market. However, rising emissions-related environmental standards are causing a decline in acceptance of the conventional ignition system compared to newer electronic ignition systems, which is holding back the growth of the aircraft ignition systems market. Technological improvements, including developments in miniaturized ignition systems, are opportunistic for market growth.

Impact of COVID-19 on Aircraft Ignition Systems Market:

The span and seriousness of coronavirus effect on economies and areas will without a doubt shift. In any case, organizations should get underway a "look forward, envision, and alter" guide. Over the close to term, organizations ought to investigate supply chain enhancement and influence new open doors emerging from changing client requests. Over the long haul, item and administration portfolio expansion will be basic to guaranteeing more prominent flexibility.

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Report is segmented as:

Aircraft ignition systems Market, by End User  

Original Equipment Manufacturers (OEMs)
Aftermarket
By Solution Type
Parts
Services
The aftermarket segment dominated the market in 2019 and is expected to maintain its legacy throughout the forecast period. Aftermarket includes parts replacement and maintenance services for installed components.

Market, by System Type

Electronic
Magneto
Magneto, by Ignition Type
High-Tension Ignition Systems
Low-Tension Ignition Systems
The electronic ignition systems segment dominated the market in 2019 and is also supposed to dominate during the outlook period.

 

Market, by Component

Igniters
Ignition leads
Exciters
Spark Plugs
Others
The ignition cables segment is expected to post the highest growth during the forecast period.

 

Market, by Engine Type

Turbine Engine
Turbine Engine, By Subsegment
Turbofan
Turboprop
Turboshaft
Turbojet (APU)
Reciprocating Engine
Market, by Platform

Fixed Wing Aircraft
Commercial Aviation
Military Aviation
General Aviation
Rotary Wing Aircraft
Military Helicopters
Civil Helicopters
Unmanned Aerial Vehicles (UAVs)
Geographical segmentation:

Based on geography, the global aircraft ignition system market is divided into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these, North America dominated the aircraft ignition systems market in 2019 and is likely to dominate the market during the conjecture period.

Key market players:

Some of the key players influencing the aircraft ignition system market are Meggitt PLC, Woodward, Inc., Transdigm Group, Unison Industries, Electroair, G3ignition, Surefly Partners, Ltd., Sky Dynamics, Air Power, Inc., AeroConversions among others.

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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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