항공기용 스위치 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 플랫폼별, 지역별 - 산업 예측(2024-2031년)

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 aircraft industry is witnessing a significant surge in demand for fly-by-wire systems, primarily driven by the need for lighter aircraft. These systems utilize processors to manage flight control inputs, enhancing performance and reliability. With newer aircraft models like the Tejas light combat fighter incorporating advanced digital fly-by-wire technology, the market is poised for growth. Additionally, the rise of in-flight entertainment and connectivity (IFEC) systems is necessitating the shift from traditional seatback screens to advanced, customizable options, further driving demand for electrical switches. As passenger expectations evolve, particularly among tech-savvy travelers, the aviation sector must adapt by integrating sophisticated digital and electronic solutions, reinforcing the market's trajectory towards innovative flight control and entertainment systems.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Aircraft Switches market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Aircraft Switches Market Segmental Analysis

Global Aircraft Switches Market is segmented by Type, by Platform, by Application, by End User and by Region. Based on Type, the market is segmented into Manual (Push, Toggle, Rocker) Selector (Automatic, Limit, Pressure, Temperature, Flow, Network, Relay). Based on Platform, the market is segmented into Fixed Wing (Commercial, General & Business Aviation, Military) Rotary Wing (Civil and Commercial, Military). Based on Application, the market is segmented into Cockpit, Cabin, Engine and APU, Aircraft Systems, Avionics. Based on End User, the market is segmented into OEM, Aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Aircraft Switches Market

The Global Aircraft Switches market is significantly driven by the growing demand for fly-by-wire systems in next-generation aircraft. These advanced technologies enhance operational efficiency and safety by substituting conventional mechanical controls with sophisticated electronic systems. As aircraft manufacturers increasingly incorporate modern avionics and automation into their designs, there will be a corresponding rise in the need for specialized switches that facilitate the seamless functioning of these innovative systems. This shift towards electronic control mechanisms not only boosts performance but also highlights the essential role of high-quality aircraft switches in supporting the evolving landscape of aviation technology.

Restraints in the Global Aircraft Switches Market

One of the significant constraints in the Global Aircraft Switches market is the high manufacturing costs associated with custom switches. The need for advanced technology and specialized materials to ensure reliability and meet rigorous safety and regulatory standards in the aerospace industry contributes significantly to these elevated costs. As a result, smaller manufacturers may struggle to penetrate the market effectively, creating a barrier to entry for them. Moreover, this increased manufacturing expense is likely to be transferred to consumers through higher product prices, which could dampen demand and hinder overall market growth.

Market Trends of the Global Aircraft Switches Market

The Global Aircraft Switches market is witnessing a significant trend towards the adoption of More Electric Aircraft (MEA) solutions, driven by the aviation industry's commitment to sustainability and reduced environmental impact. As airlines pivot away from traditional hydraulic systems, there is a growing demand for advanced electric switches and automated control systems that facilitate efficient and eco-friendly operations. This transition not only enhances the overall efficiency of aircraft systems but also aligns with global regulatory pressures and consumer preferences for greener air travel. Consequently, this shift is poised to reshape the market landscape, fueling innovation and investment in next-generation switching technologies.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Technological Advancement
• Regulatory Landscape
• Case Studies

Global Aircraft Switches Market Size by Type & CAGR (2024-2031)

• Manual
  • Push
  • Toggle
  • Rocker
  • Selector
• Automatic
  • Limit
  • Pressure
  • Temperature
  • Flow
  • Network
  • Relay

Global Aircraft Switches Market Size by Platform & CAGR (2024-2031)

• Fixed Wing
  • Commercial
  • General & Business Aviation
  • Military
• Rotary Wing
  • Civil and Commercial
  • Military

Global Aircraft Switches Market Size by Application & CAGR (2024-2031)

• Cockpit
• Cabin
• Engine and APU
• Aircraft Systems
• Avionics

Global Aircraft Switches Market Size by End User & CAGR (2024-2031)

• OEM
• Aftermarket

Global Aircraft Switches Market Size by Region & CAGR (2024-2031)

• North America, (by Type, by Platform, by Application, by End User)
  • US
  • Canada
• Europe, (by Type, by Platform, by Application, by End User)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (by Type, by Platform, by Application, by End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (by Type, by Platform, by Application, by End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (by Type, by Platform, by Application, by End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• ITT Aerospace
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TE Connectivity
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ametek
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Safran
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hydra-Electric Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Honeywell
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Curtiss-Wright
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Raytheon
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hannifin
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Collins Aerospace
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation