Analysis on the Worldwide Market for Aircraft Switches 2019-2025: Key Players are Safran, Curtiss-Wright, Esterline Technologies, Honeywell, Meggitt, and United Technologies Corp

DUBLIN, June 24, 2019 /PRNewswire/ -- The "Aircraft Switches Market by End-User (OEM, Aftermarket), Application (Cockpit, Cabin, Engine & APU, Aircraft Systems, Avionics), Type (Manual, Automatic), Platform (Fixed Wing, Rotary Wing), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The aircraft switches market is estimated at USD 2.2 billion in 2019 and is projected to grow at a CAGR of 3.2% by 2025.

Growing influence of electronics in aircraft is expected to drive the aircraft switches market growth

In today's age, digitalization and electronics are the megatrends which are being implemented in aircraft. What used to be manual controls connected with mechanical linkages, were replaced by electric wires that carry signals that are input via computers and the switches controlling the computers. Automation in the form of sensors switches sense parameters such as temperature and pressure, among others, detects information and are required to perform the switching operation based on the data they collect.

The aircraft switches market comprises major solution providers such as Safran (France), Curtiss-Wright (US), Esterline Technologies (US), Honeywell (US), Meggitt (UK), and United Technologies Corporation (Collins Aerospace) (US). The study includes an in-depth competitive analysis of these key players in the aircraft switches market, with their company profiles, recent developments, and key market strategies.

Aircraft systems in the application segment are expected to grow at the highest CAGR during the forecast period 

Aircraft systems in the application segment are expected to be the fastest-growing during the forecast period. Aircraft systems include hydraulic and pneumatic control systems. A hydraulic system such as landing gear, flaps, slats, and thrust reversers as well as pneumatic systems such as environmental control system, doors, and emergency slides, among others require switches such as temperature, limit and pressure switches to perform the necessary switching action related to these systems.

In terms of type, manual switches expected to lead the market for aircraft switches during the forecast period 

Manual switches are expected to be the largest consumed product type during the forecast period. Manual switches are electromechanical switches that are operated by humans by activating the electrical circuit by performing a mechanical action based on the kind of switch it is. They need to be operated manually. These switches are further termed as push, toggle, rocker, and selector, based on how they perform their switching action.

Asia Pacific aircraft switches market is expected to grow at the highest growth rate during the forecast period 

The aircraft switches market in the Asia Pacific region is projected to grow at the highest CAGR market during the forecast period. Countries in this region are upgrading their capabilities by undertaking developments in the field of aircraft switches. The rise in demand for low-cost carriers (LCCs) in the Asia Pacific region is one of the factors driving the growth of the global aircraft switches market as it has led to increased aircraft orders within the region. In addition, with the GDP forecast to rise in the next ten years, developing countries such as China and India have huge potential in the market. China, in recent times, has become a market for substantial foreign investments due to the stable growth and the robust developments made within the economy.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Aircraft Switches Market, 2019-2025
4.2 Aircraft Switches Market, By Application
4.3 Aircraft Switches Market, By Country

5 Market Overview
5.1 Market Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Electronics in Aircraft Systems
5.2.1.2 Increased Demand for In-Flight Entertainment & Connectivity (IFEC)
5.2.2 Restraints
5.2.2.1 Touch Screen Technology Replacing Manual Switches
5.2.2.1.1 Increasing Use of Touch Screens in Aircraft
5.2.3 Opportunities
5.2.3.1 Use of Switches in Unmanned Aerial Vehicle (UAV) and Space Applications
5.2.4 Challenges
5.2.4.1 Complex Maintenance Procedures

6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Solid-State Technology
6.2.2 Touchscreen Switch Controls
6.2.3 Poke Home Switch Connectors
6.2.4 Reduction in Switch Size
6.2.5 Magnetic Switches
6.2.6 Network Switches
6.2.6.1 Increasing Requirement of Network in the Aerospace Industry Driving the Demand for Aerospace Switches
6.3 Supply Chain
6.3.1 Raw Material Suppliers
6.3.2 Prominent Companies
6.3.3 Small and Medium Enterprises
6.3.4 End Users (System Integrators, Aircraft Manufacturers, and Airlines)
6.4 Key Influencers

7 Aircraft Switches, By Type
7.1 Introduction
7.2 Manual
7.2.1 Increased Aircraft Deliveries Driving the Demand for Manual Switches
7.2.2 Push
7.2.3 Toggle
7.2.4 Rocker
7.2.5 Selector
7.3 Automatic
7.3.1 Aerospace Switches Used for Network and Electronic Automation Driving the Demand for Automatic Switches
7.3.2 Limit
7.3.3 Pressure
7.3.4 Temperature
7.3.5 Flow
7.3.6 Network
7.3.7 Relay

8 Aircraft Switches Market, By Application
8.1 Introduction
8.2 Cockpit
8.2.1 Switches Required for Important Pilot Functions Present in Every Aircraft Cockpit
8.3 Cabin
8.3.1 Increasing Demand for Cabin Switches in Aftermaket
8.4 Engine and Auxiliary Power Unit (APU)
8.4.1 Automatic Switches Including Pressure, Temperature, Limit and Flow Switches
8.5 Aircraft Systems
8.5.1 Fastest Growing Potential Due to Increase in Use of Safety Switches
8.6 Avionics
8.6.1 Aircraft Electrical System and Network Data Handling

9 Aircraft Switches, By End Use
9.1 Introduction
9.2 OEM
9.2.1 Increased Aircraft Demand in the Coming Years to Drive the Demand for OEM Aircraft Switches
9.3 Aftermarket
9.3.1 Large Global Aircraft Fleet in Operation Driving the Aftermarket for Aircraft Switches

10 Aircraft Switches, By Platform
10.1 Introduction
10.2 Fixed Wing
10.2.1 Commercial
10.2.1.1 Increasing Commercial Aircraft Orders Driving the Market of Aircraft Switches for Commercial Fixed Wing Platform
10.2.1.2 Narrow-Body Aircraft (NBA)
10.2.1.3 Wide-Body Aircraft (WBA)
10.2.1.4 Very Large Aircraft (VLA)
10.2.1.5 Regional Transport Aircraft (RTA)
10.2.2 General & Business Aviation
10.2.2.1 Customized In-Flight Entertainment Systems in Business Aviation Driving the Demand for General & Business Aviation Switches for Fixed Wing Platform
10.2.3 Military
10.2.3.1 Increase in Deliveries of Combat Aircraft Leading to Growth of Military Fixed Wing Switches Market
10.2.3.2 Fighter
10.2.3.3 Transport
10.3 Rotary Wing
10.3.1 Civil & Commercial
10.3.1.1 Switches Within Civil, Homeland Security, and Commercial Purpose Helicopter
10.3.2 Military
10.3.2.1 Switches in Military Combat and Transport Helicopters

11 Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 Significant Investment in Aircraft Switches
11.2.2 Canada
11.2.2.1 Upgradation, Modernization, and Maintenance of Aircraft Will Lead to Demand for Aircraft Switches
11.3 Europe
11.3.1 France
11.3.1.1 Presence of Significant Aircraft Switch Suppliers
11.3.2 UK
11.3.2.1 Increase in Passenger Traffic Driving the UK Market
11.3.3 Italy
11.3.3.1 Presence of Aircraft Engine Manufacturers Driving the Italy Market
11.3.4 Russia
11.3.4.1 Increase in Aircraft Orders Driving the Russia Market
11.3.5 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.1.1 Increase in Demand for Automatic Switches Driving the China Market
11.4.2 India
11.4.2.1 Increasing Aircraft Fleet is Resulting in Growth of Aircraft Switches Aftermarket in India
11.4.3 Japan
11.4.3.1 Rise in the Demand for Low-Cost Carriers Drives Market for Aircraft Switches in Japan
11.4.4 Rest of Asia Pacific
11.5 Rest of the World
11.5.1 Africa
11.5.1.1 Increase in Demand for Single-Aisle Aircraft Fueling the Growth of Aircraft Switches Market in Africa
11.5.2 Middle East
11.5.2.1 Aircraft Modernization Projects Driving the Market in the Middle East
11.5.3 Latin America
11.5.3.1 Growth in Trade and Tourism and Increase in the Number of Aircraft Deliveries Driving the Latin America Market

12 Competitive Landscape
12.1 Introduction
12.2 OEM Competitive Leadership Mapping
12.2.1 Visionary Leaders
12.2.2 Innovators
12.2.3 Dynamic Differentiators
12.2.4 Emerging Companies
12.3 Ranking of Key Players, 2018
12.4 Competitive Scenario
12.4.1 New Product Launches
12.4.2 Acquisitions
12.4.3 Contracts
12.4.4 Agreements

13 Company Profiles
13.1 Safran
13.2 Curtiss-Wright
13.3 Esterline Technologies
13.4 Honeywell
13.5 Meggitt
13.6 United Technologies Corporation (Collins Aerospace)
13.7 Eaton Corporation
13.8 Ametek
13.9 TE Connectivity
13.10 Raytheon
13.11 ITT Aerospace
13.12 Hydra-Electric Company
13.13 C&K
13.14 Baran Advanced Technologies (Barantec)
13.15 Unison Industries

For more information about this report visit https://www.researchandmarkets.com/r/gx8zkb

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