Global Fly-By-Wire Cockpit Controls Market (2020 to 2028) - by Platform, Aircraft Type, Application and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Fly-By-Wire Cockpit Controls Market Size, Share & Analysis, By Platform, By Aircraft Type, By Application, By Region, Global Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.

Market Size - USD 2,868.4 Million in 2020, Market Growth - CAGR of 6.9%, Market Trends - Rising inclination towards use of light-weight materials to reduce aircraft weight and increase fuel-efficiency

The global fly-by-wire cockpit controls market size is expected to reach USD 4,916.1 Million in 2028, and register a CAGR of 6.9% during the forecast period. Market growth is expected to be driven by increasing demand for fuel-efficient components in aviation and aerospace industries, coupled with growing integration of fly-by-wire cockpit controls as these components reduce overall weight of aircrafts.

The fly-by-wire mechanism replaces the mechanical linkage, and thus, a precise control system is obtained. The advantages of fly-by-wire include reduction in weight, improved reliability, damage tolerance, and effective control of a highly maneuverable aircraft. Fly-by-wire provides the aircraft with the ability to ensure that unintended increase in the angle of attack or sideslip are rapidly detected and automatically resolved by marginally deflecting the control surfaces in the opposite way.

Some Key Findings From the Report:

Among the application segments, the military aviation segment accounted for major revenue share in the global fly-by-wire cockpit controls market in 2020. The commercial aviation segment is expected to register substantially high revenue growth rate during the forecast period.

The North America fly-by-wire cockpit controls market accounted for major revenue share in 2020, due to well-developed aerospace and aviation sector, and rising awareness about benefits of fly-by-wire cockpit controls.

The Asia Pacific fly-by-wire cockpit controls market is projected to register the highest revenue growth rate over the forecast period, due to rapidly growing aviation industry in the region, growing preference for air travelling.

Key players profiled in the report include Honeywell International (U.S.), Safran SA (France), Liebherr Group (Germany), BAE Systems (U.S.), Moog incorporation (U.S.), United Technologies Corp. (U.S.), Rockwell Collins, Inc. (U.S.), Nabtesco Corporation (Japan), Parker Hannifin (U.S.), and West Star Aviation (U.S.). The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.

For the purpose of this report, the global fly-by-wire cockpit controls market is segmented on the basis of platform, aircraft type, application, and region:

Platform Outlook

• Fixed Wing
• Rotary wing

Aircraft Type Outlook

• Narrow Body
• Wide Body
• Helicopter
• Others

Application Outlook

• Commercial aviation
• Business aviation
• Military aviation

Region Outlook

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Benelux
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East and Africa
• Saudi Arabia
• UAE
• South Africa
• Rest of Middle East & Africa

Reasons to Buy the Report

• A robust analysis and estimation of the Fly-By-Wire Cockpit Controls Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
• A holistic competitive landscape of all the major players in the Fly-By-Wire Cockpit Controls Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
• Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
• Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
• Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

For more information about this report visit https://www.researchandmarkets.com/r/ikwfkm