Aircraft Ignition System Market Segments and Growth by 2031

The aircraft ignition system market size is projected to reach US$ 721.95 million by 2031 from US$ 442.65 million in 2023. The market is expected to register a CAGR of 6.3% during 2023–2031. Product Development and expansion of distribution channels is likely to remain a key trend in the market.

Aircraft Ignition System Market Analysis

The production of quadjets has been stopped due to lower demand caused during the pandemic, as well as environmental and sustainability concerns. In 2022, Boeing ended the production of B747 (one of the most popular commercial quadjets). Similarly, Airbus ended the production of A380 in 2021 due to the lower number of planes sold globally. The company delivered its last A380 fuselage to the assembly line in France in June 2020. This lowered the demand for aircraft ignition systems, thereby impacting the demand for ignition systems for such high power airplanes. Moreover, the Federal Aviation Administration has also put the hault on the production expansion of Boeing 737-9 MAX aircraft on The Boeing Company. Such factors have been restricted the growth of aviation industry in the past years.

Aircraft Ignition System Market Overview

The major stakeholders in the global aircraft ignition system market ecosystem include component providers, ignition system manufacturers, and end users. The component manufacturers operating in the market offer batteries, distributor caps, rotors, ignition coils, spark plugs, ignition modules, etc. The aircraft ignition system market has many small players engaged in the component business, collectively holding a significant share of the global market. They are also involved in R&D activities for developing new technologies. The key manufacturers of aircraft ignition systems include Sonex LLC, Champion Aerospace Inc, Electroair Acquisition Corp, PBS Group AS, Tempest Aero Group LLC, Surefly Partners Ltd, Unison Industries LLC, FADEC International LLC, Kelly Aerospace Inc, and Continental Aerospace Technologies Inc.

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Aircraft Ignition System Market: Strategic Insights

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Aircraft Ignition System Market Drivers and Opportunities

Growing Adoption of FADEC Systems

One of the main factors pushing the adoption of aircraft ignition system includes the rise in adoption of FADEC (Fully Full Authority Digital Engine Control) systems among the existing aircraft fleet and new aircraft models through their production. The FADEC system is used in an aircraft to decrease pilot’s workload by providing details on mechanical problems, as well as portrays engine monitoring capability. This autonomous, self-monitoring, self-operating, and redundant system enables the pilot to monitor fuel economy. It also helps in diagnostic processes that require constant monitoring of crucial processes in an aircraft powerplant, increasing fuel efficiency, and reducing maintenance expenses.

The FADEC system is developed to support both commercial and military aircraft. It is used in majority of aircraft engines, including CFM56-5A, CFM56-5B, CFM56-5C, CF6-80E, CFM56-7B, GE90-115B, and GEnx-1B, across different popular narrow-body and wide-body aircraft models, such as A330, A320, A318, A321, A340, B787, B777, and B737 series. It is a safety-critical system wherein adequate redundancy is configured to provide necessary reliability and availability. Some of the major companies that provide different FADEC solutions are FADEC International and Collins Aerospace. As the demand for FADEC systems is increasing, these players are creating alliances with other companies.

Modernization of Existing Aircraft Fleets

The modernization of existing fleets helps enhance their sustainability by reducing fuel consumption and carbon emission, thereby improving flight performance. The development of advanced electronics systems and computers is generating the need to replace the older electronics system in the aircraft models that are currently in use. Several countries are emphasizing the development and procurement of next-generation aircraft fleets to modernize and expand their fleets which is aiding the demand for advanced aircraft computer systems. For instance, in May 2021, Lufthansa Group modernized its fleet and purchased 10 highly efficient long-haul aircraft, with an aim to improve efficiency and reduce operating costs. In addition, in January 2022, the French Defense Procurement Agency received the sixth ATL2 Maritime Patrol Aircraft upgraded from standard 5 to standard 6. The aim of the above mentioned upgradation initiative was to develop new technologies and integrate them into tactical mission systems, sensor subsystems, and display consoles of existing aircraft, followed by restoring aircraft performance to peak levels. The upgradation of such advanced system emerges the need for technologically viable FADEC systems which is propelling the market growth over the forecast period.

Aircraft Ignition System Market Report Segmentation Analysis

Key segments that contributed to the derivation of the aircraft ignition system market analysis are type, component, and engine type.

• Based on type, the aircraft ignition system market is divided into electric ignition and magneto ignition. The electric ignition segment held a larger market share in 2023.
• Based on component, the aircraft ignition system market is segmented into ignition leads, igniters, spark plugs, exciters, and others. The spark plugs segment held a larger market share in 2023.
• By engine type, the market is segmented into turboprop engine, turbofan engine, turbojet engine, and piston engine. The turbofan engine segment held the largest share of the market in 2023.

Aircraft Ignition System Market Share Analysis by Geography

The geographic scope of the aircraft ignition system market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America has dominated the market in 2023 followed by Europe and Asia Pacific. Further, Asia Pacific is likely to become the most dominant market for aircraft ignition system in the coming years. A continuously growing aviation sector, with the rise in government initiatives to promote this sector, is leading to a rise in demand for aircraft and airport components. The Indian government, in September 2021, announced its intentions to make the country a global MRO hub. Further, the growing interest of international companies in investing in the aviation sector in APAC countries, such as India and Japan, for establishing aircraft part manufacturing facilities is likely to generate market opportunities for aircraft ignition system market vendors during the forecast period.

Aircraft Ignition System Market Regional Insights

The regional trends and factors influencing the Aircraft Ignition System Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Aircraft Ignition System Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Aircraft Ignition System Market Report Scope

Aircraft Ignition System Market Players Density: Understanding Its Impact on Business Dynamics

The Aircraft Ignition System Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Aircraft Ignition System Market are:

1. Sonex LLC
2. Champion Aerospace Inc
3. Electroair Acquisition Corp
4. PBS Group AS
5. Tempest Aero Group LLC

Disclaimer: The companies listed above are not ranked in any particular order.

Aircraft Ignition System Market News and Recent Developments

The aircraft ignition system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the aircraft ignition system market are listed below:

Hartzell Engine Tech, a leading manufacturer for General Aviation and military applications, has rebranded and launched POWERUP Aircraft Ignition Systems. (Source: Hartzell Engine Tech, Press Release, Mar 2024)

• Hartzell Engine Tech, a portfolio company of Arcline Investment Management, has acquired the assets of Kelly Aero LLC, a leading manufacturer of aftermarket aircraft magnetos, replacement parts and ignition harnesses for General Aviation and military applications. (Source: Hartzell Engine Tech, Press Release, Nov 2023)

Aircraft Ignition System Market Report Coverage and Deliverables

The “Aircraft Ignition System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Aircraft ignition system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Aircraft ignition system market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed porter’s five forces analysis
• Aircraft ignition system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the aircraft ignition system market
• Detailed company profiles