Global Aircraft Powertrain Control Market - 2023-2030

Global Aircraft Powertrain Control Market - 2023-2030

Global Aircraft Powertrain Control Market reached US$ 6.5 billion in 2022 and is expected to reach US$ 11.0 billion by 2030, growing with a CAGR of 6.8% during the forecast period 2023-2030. Increasing focus on fuel efficiency will drive the demand for aircraft powertrain control systems during the forecast period. The aviation industry has come under pressure in recent years to reduce operating costs due to the volatility in oil prices. Therefore, focus has turned to reducing fuel consumption, which can he achieved through fine tuning control of aircraft powertrain.

One of the major advances in recent years has been the development of aircraft engines utilizing alternative fuels. Research is ongoing to develop new hydrogen powered aircraft, which will create many opportunities for the growth of the global aircraft powertrain control market. For instance, in January 2023, ZeroAvia, a innovation-focused aircraft company, successfully completed a test flight of an experimental hydrogen-powered 19-seater aircraft.

Market Dynamics
Fleet Modernization by Airlines
With significant growth in global air travel in the post-pandemic period, many airlines are scrambling to handle growing air passenger volumes. Many airlines are undertaking widespread fleet modernization programs to increase passenger capacity and drive growth. New aircrafts also have an added benefit of reduced operating costs.

Fuel consumption is a significant expense for airlines. Fleet modernization replaces older aircraft with new aircraft having advanced powertrain control systems that can deliver significant improvements in fuel efficiency thus reducing operating costs. By optimizing engine performance, powertrain control systems contribute to significant fuel savings, making new aircrafts an attractive investment for airlines seeking to reduce expenses.

Development of Next Generation of Aircraft
Aerospace companies need to introduce new aircraft to propel growth. The development and introduction of next-generation aircraft, such as the 777X by Boeing and the A350 by Airbus, have created a demand for advanced powertrain control systems that align with the innovative features of these aircraft.

New generation aircraft often incorporate advanced propulsion systems such as high-bypass turbofans, and geared turbofans. Sometimes, aerospace companies may partner with engine manufacturers to develop a completely new engine specifically for their aircraft. The new propulsion technologies require specialized powertrain control systems to manage engine performance, fuel efficiency and emissions.

New generation aircraft are designed to be more fuel-efficient, have reduced emissions and have higher performance characteristics over existing aircrafts. Powertrain control systems contribute to achieving these objectives by optimizing engine performance, reducing fuel consumption and minimizing emissions.

Limited Supplier Base
Aircraft powertrain control systems are highly sophisticated and require advanced technical know-how and precision manufacturing technologies. Therefore, only a small handful of companies have the ability to manufacture and supply aircraft powertrain control systems. The highly consolidated nature of the market leads to a lack of competition that results in higher prices for powertrain control systems, as suppliers have less pressure to offer competitive pricing.

The limited supplier base results in a high degree of dependency on a few key suppliers. The dependency can create vulnerabilities in the supply chain, as any disruptions or issues with these suppliers can have a significant impact on the availability of powertrain control systems. It can also limits the ability of manufacturers to negotiate favorable terms or seek alternative suppliers.

Furthermore, a limited supplier base may face capacity constraints, particularly during periods of high demand or when there are significant orders from aircraft manufacturers. If suppliers are unable to scale up their production capacities to meet the demand, it can result in delays in delivering powertrain control systems to customers.

COVID-19 Impact Analysis
The pandemic led to a major decline in air travel resulted in a decrease in demand for new aircraft, leading to a decline in orders for powertrain control systems. Airlines faced financial constraints and focused on cost-cutting measures, affecting investments in new technologies. Budget cuts and reduced investments affected the ability to procure new powertrain control systems, particularly for non-essential upgrades or replacements.

However, the aftermath of the pandemic has witnessed significant rebound in global tourism, thus increasing demand for international and domestic air travel. Aircraft manufacturers are commencing delivery of new aircraft to airlines and also unveiling new aircraft models. The post-pandemic period is likely to witness an upsurge in demand for aircraft powertrain control systems.

AI Impact Analysis
AI-based technologies can be utilized to assist in the development and optimization of powertrain control systems by simulating and testing various scenarios and configurations. It can accelerate the design process, reduce development costs, and improve the performance of powertrain systems.

AI technologies, such as natural language processing and machine vision, can improve human-machine interaction in the cockpit. It can enhance pilot interfaces, improve situational awareness, and facilitate more intuitive control of powertrain systems. Improved human-machine interaction could significantly improve the handling and performance of aircraft.

Ukraine-Russia War Analysis
Ukraine-Russia conflict has led to problems for Russia’s military aviation industry. Western sanctions stopped the flow of advanced technology goods, including aircraft powertrain control systems. Russia has had to rely on the international grey markets to keep supplies open in order to ensure continued production of military aircraft for the war effort.

The conflict has caused significant disruptions to Russia’s commercial aviation industry. Nearly all the aircrafts operated by Russian airlines are made by western companies, therefore, the sanctions have stopped the flow of new aircraft and spare parts. In order to continue operations, airlines have been forced to cannibalize reserved aircraft for spare parts.

Segment Analysis
The global aircraft powertrain control market is segmented based on component, aircraft, engine, control and region.

High Degree of Standardization Makes FADEC a Leading Control System
Nearly all modern jet engine utilize full authority digital engine control (FADEC) as the control type. FADEC has become an industry standard for modern aircraft, with many aircraft manufacturers incorporating FADEC as the primary control system in their engines. This standardization allows for compatibility, interchangeability, and ease of integration with various aircraft platforms, reducing development and implementation costs.

FADEC systems offer precise control over engine parameters, including fuel flow, ignition timing, and turbine speed. FADEC systems simplify engine operation for pilots and maintenance crews. Due to FADEC, pilots can focus on other critical aspects of flight, as the system automatically adjusts engine parameters based on flight conditions.

Geographical Analysis
North America’s Growing Art And Craft Industry
Europe is a highly developed region that has become a major hub of the global aircraft manufacturing industry. One of the world’s largest aircraft manufacturer, Airbus is based in Europe. Airbus is headquartered in France and has production facilities in various European countries, such as Germany, Spain and UK. Other notable European aircraft manufacturers include Leonardo of Italy and Saab of Sweden.

The Airbus A320 NEO and A321 have has emerged as the preferred choice of narrowbody aircraft for low-cost carriers globally, mainly due to the various technical issues plaguing its main global competitor, the Boeing 737 MAX. In June 2023, Indigo, an Indian low cost carrier, signed a deal with Airbus for 500 A320 family aircraft at the Paris Air Show 2023.

Furthermore, due to preferential regulatory systems, some of the largest aircraft leasing companies are based in Europe, which generate significant demand for aircraft powertrain control systems. AerCap Holdings N.V., the world’s largest aircraft leasing company, with a fleet of 1740 aircraft, is based in Dublin, Ireland.

Competitive Landscape
The major global players include Honeywell International Inc., United Technologies Corporation, Safran Electronics & Defense, Woodward, Inc. , Collins Aerospace, General Electric, Moog Inc., Parker Hannifin Corporation, Eaton Corporation and Liebherr Group.

Why Purchase the Report?
• To visualize the global aircraft powertrain control market segmentation based on component, aircraft, engine, control and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of aircraft powertrain control market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global aircraft powertrain control market report would provide approximately 64 tables, 71 figures and 210 Pages.

Target Audience 2023
• Aircraft Manufacturers
• Aircraft Component Manufacturers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies