Global Aircraft Fly-by-wire System Market Growth 2024-2030
Fly-by-wire (FBW) is a system that replaces the conventional manual flight controls of an aircraft with an electronic interface. The movements of flight controls are converted to electronic signals transmitted by wires (hence the fly-by-wire term), and flight control computers determine how to move the actuators at each control surface to provide the ordered response. It can use mechanical flight control backup systems (Boeing 777) or use fully fly-by-wire controls.
The global Aircraft Fly-by-wire System market size is projected to grow from US$ 7224.5 million in 2023 to US$ 11800 million in 2030; it is expected to grow at a CAGR of 7.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Aircraft Fly-by-wire System Industry Forecast” looks at past sales and reviews total world Aircraft Fly-by-wire System sales in 2023, providing a comprehensive analysis by region and market sector of projected Aircraft Fly-by-wire System sales for 2024 through 2030. With Aircraft Fly-by-wire System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aircraft Fly-by-wire System industry.
This Insight Report provides a comprehensive analysis of the global Aircraft Fly-by-wire System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aircraft Fly-by-wire System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aircraft Fly-by-wire System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aircraft Fly-by-wire System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aircraft Fly-by-wire System.
The electrically designed powered actuators in FBW systems enables effective segregation of power distribution channels and decreases the overall aircraft weight. It renders more benefits such as improved reliability, easy maintenance, increased cost savings, and increased safety margins. This factor will drive the growth of the aircraft fly-by-wire system market during the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Aircraft Fly-by-wire System market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Mechanical Flight Control Backup Systems
Fully Fly-By-Wire Controls Systems
Segmentation by application
Commercial Aviation
Military Aviation
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BAE Systems
Honeywell International
MOOG
Rockwell Collins
United Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aircraft Fly-by-wire System market?
What factors are driving Aircraft Fly-by-wire System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aircraft Fly-by-wire System market opportunities vary by end market size?
How does Aircraft Fly-by-wire System break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.