Aircraft System is a complex system comprised of several simple sub systems to ensure continued airworthiness of the aircraft.
Due to fluctuation of global economics in recent years, aircraft systems market developed in a slow speed. At present, Europe and USA are still the main market of aircraft systems. With the developing of commercial aircraft and military aircraft industry, developing countries will become important in the market, such as China and Brazil etc. Viewed from the supply side, there are a few manufacturers in the aircraft systems industry, while from the demand side; the current demand for aircraft systems is growing.
At present, there are a few manufacturers in the world and the market concentration is high. The top5 revenue companies are GE, Raytheon, Honeywell, Northrop Grumman and Rolls-Royce. The five companies occupy about 55% of the market share.
To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of the little companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. Due to the stable supplying chain, aircraft systems market will still be a market leading by a few companies in future.
According to this study, over the next five years the Aircraft Systems market will register a 1.8% CAGR in terms of revenue, the global market size will reach USD 116700 million by 2024, from USD 104700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Aircraft Systems business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Aircraft Systems market by product type, application, key manufacturers and key regions and countries.
This study considers the Aircraft Systems value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electromechanical System
Avionics System
Engine Control System
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Military
Commercial Terms
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
GE
Rolls-Royce
Pratt & Whitney
Safran
Raytheon
Honeywell
Northrop Grumman
THALES
Rockwell Collins
UTAS
Gifas
Parker
Alcatel Alenia Space (THALES)
Liebherr group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Aircraft Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Aircraft Systems market by identifying its various subsegments.
Focuses on the key global Aircraft Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aircraft Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Aircraft Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
