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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Aircraft Magneto Ignition System Market
Request Now !The aircraft ignition system is used for creating & supplying electrical spark that ignites the mixture of air & fuel in the aircraft engine’s cylinder. Ignition systems are of two types: magneto-ignition systems and electronic full authority digital engine control (FADEC) systems. The magneto ignition system is an ignition system where magneto is used for the generation of electricity. Modern aircrafts use dual ignition systems. Dual ignition system has increased safety. For instance, the aircraft system can be operated on other system in case of failing of one magneto system, until the aircraft lands safely. Additionally, the use of dual ignition system has also improved combustion of air & fuel mixture, which has resulted in increased efficiency of the aircraft’s engine
COVID-19 Scenario analysis:
Technological advancements in aircraft ignition system, rise in demand for aircraft ignition systems in UAVs, and increase in a number of aircraft deliveries are key factors driving the growth of the aircraft ignition system market. However, high maintenance cost of magneto ignition systems hampers the growth of the aircraft magneto ignition system market. Technological enhancements including development of miniaturized ignition systems are opportunistic for the aircraft magneto ignition system market growth.
Due to rise in air passenger traffic, the demand for commercial aircrafts are continuously increasing. This increase in aircraft demand has enabled aircraft manufacturers to expand their product line. Furthermore, increase in manufacturing of new aircrafts has created demand for aircraft ignition systems. Additionally, due to increment of defence budgets of countries such as China, India, Japan and others the demand for military aircrafts has also been increased. For instance, in 2015, India has issued a tender MMRCA 2.0 for purchasing of 114 fighter aircrafts, which is expected to be final till 2021. Hence, such rise in aircraft deliveries is expected to boost the growth of the global aircraft magneto ignition system market.
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