Report Code: A09782 | Pages: NA | Mar 2023 | 2093 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Fly-by-wire System Market
Request Now !The global fly-by-wire system market size is experiencing a significant growth and is expected to grow considerably in the next few years. Fly-by-wire system denotes flight control systems that use processors to manage flight control inputs given by autopilot or pilot, and at that moment transmit equivalent electrical signals to flight control actuators. The benefits of fly-by-wire include damage tolerance, reduction in weight, improved reliability, and effective control of a highly controllable aircraft.
The fly-by-wire mechanism changes mechanical linkage, so that a specific control system is obtained. Fly-by-wire (FBW) provides aircrafts with the capability to ensure that unintended increase in the angle of attack or sideslip is detected and quickly and automatically fixed by marginally opposite deflecting control surfaces.
The global fly-by-wire system market is segmented on the basis of type, application, industry vertical and region. Based on type, the market is divided into fullу flу-bу-wіrе соntrоlѕ and mесhаnісаl flight соntrоl bасkuр ѕуѕtеmѕ. In terms of application, the market is categorized into commercial aviation, business aviation, and military aviation. In terms of industry vertical, the market is segregated into aircraft industry and space industry. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global fly-by-wire system industry include Bombardier, BAE Systems, Rockwell Collins, Honeywell International, MOOG, UNITED TECHNOLOGIES, Textron, Bombardier, Embraer, Dassault Aviation, and General Dynamics. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available For Years | 2019–2027 |
Base Year Considered | 2019 |
Forecast Period | 2020–2027 |
Forecast Units | Value (USD) |
Segments Covered | Type, Application, Industry Vertical, and Region |
Regions Covered | North America (US, Canada, and Mexico), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia and the Rest of Asia Pacific), and LAMEA (Latin America, Middle East and Africa) |
Companies Covered | Major players analyzed include Bombardier, BAE Systems, Rockwell Collins, Honeywell International, MOOG, UNITED TECHNOLOGIES, Textron, Bombardier, Embraer, Dassault Aviation, and General Dynamics |
COVID-19 Scenario Analysis
Growth in need for agile and lightweight aircraft is the key driving factor for the fly-by-wire system market growth. Rise in demand for gears bringing accurate controls for the aircraft is another important factor that leads to the market growth. However, high cost of equipment with respect to conventional control systems hinders the fly-by-wire system market share. Rise in dimensions of aircraft fleet worldwide and increase in demand for fly-by-wire cockpit controls drives growth of the market usage for gears that provides precise controls.
Coordination of electrical frameworks in an airplane encourages computerization of airplane operations. This acknowledgment of more-electric airplane diminishes support, fuel utilization, and emissions. In addition, it enhances environmental impression, integration and production serviceability, viability, and stabilizes disadvantages of traditional actuation techniques.
Military airplanes should be agile, hence by incorporating the fly-by-wire system, weight management of military airplane can be achieved, which moreover improves nimbleness of the airplane. It likewise allows an exceptionally dependable flight envelope protection system, which thus essentially improves security of an airplane during the flight. Moreover, rise in the aircraft industry also promotes the market.
Key Segments Covered
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Industry Vertical |
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Key Benefits of the Report
Questions Answered in the Fly-By-Wire System Market Research Report
Fly-By-Wire System Market Report Highlights
Aspects | Details |
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By Application |
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Key Market Players | Bombardier, BAE Systems, Rockwell Collins, Honeywell International, MOOG, UNITED TECHNOLOGIES, Textron, Embraer, Dassault Aviation, General Dynamics |
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