Aircraft Ignition System Market Size, Statistics Report 2022, 2028

Aircraft Ignition System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Electric Ignition and Magneto Ignition), Component (Ignition Leads, Igniters, Spark Plugs, Exciters, and Others), and Engine Type (Turboprop Engine, Turbofan Engine, Turbojet Engine, and Piston Engine)

Publication Month : Dec 2022

  • Report Code : TIPAD00002364
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 161
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The aircraft ignition system market is expected to grow from US$ 433.75 million in 2022 to US$ 596.28 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2022 to 2028.

The global aviation industry is transforming by adding new and innovative products to its portfolio. Stakeholders across the aviation industry continuously invest in the R&D to introduce robust solutions for simplifying industrial operations. Aircraft engine manufacturers are developing next-generation, fuel-efficient engines along with advanced and compatible digital ignition systems that can improve the overall aircraft performance. The aircraft engine manufacturers are manufacturing next-generation engines that are compatible with the electric ignition system and provide better spark to power the engine even at low speed. Also, the reduced emission due to the system makes it environment friendly, in turn, leading to increased production. It increases the engine's efficiency and makes it fuel-efficient compared to magneto ignition system. Moreover, the majority of the fleet of commercial aircraft engines such as Trent 1000 (B787s), Trent XWB (A350s), and CFM56-5A/5B (A320s) use fully authorized digital engine control (FADEC) systems. Thus, the growing production of aircraft and engines is driving the aircraft ignition system market growth.

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Aircraft Ignition System Market: Strategic Insights

aircraft-ignition-system-market
Market Size Value inUS$ 433.75 Million in 2022
Market Size Value byUS$ 596.28 Million by 2028
Growth rateCAGR of 5.4% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
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The demand for ignition systems is increasing worldwide as the aircraft ignition system market players are also expanding their distribution channels. A few of the product developments and partnerships regarding the expansion of distribution channels are mentioned below:

  • In July 2022, Champion Aerospace announced an exclusive distribution agreement with S3 AeroDefense. Under this agreement, S3 AeroDefense will be the distributor of their Turbine Ignition line of products.
  • In July 2020, Unison Industries announced to partner with AAR CORP in order to expand its distribution channel. AAR will be responsible for creating customized sales strategies and marketing campaigns.

Thus, the development of ignition systems, expansion of distribution channels, and high investment from manufacturers worldwide are projected to drive aircraft ignition system market growth.

Impact of COVID-19 Pandemic on Aircraft Ignition System Market

Europe is one of the key regions in terms of aircraft component manufacturing. Several aircraft engine manufacturers, and engine sub-component manufacturing operate in the region. The region’s engine and engine component supply chain were severely damaged with the emergence of COVID-19, as majority of the manufacturers were compelled to reduce their manpower and production volumes. This was the result of disrupted supply chain, limited demand from the end users, and the governmental mandates toward production facilities. Thus, these factors hindered the aircraft ignition system market growth in Europe in 2020.

Lucrative Regions for Aircraft Ignition System Market

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Market Insights – Aircraft Ignition System Market

Europe has one of the world’s leading aviation sectors, which signifies the rise in the demand for commercial aircraft across the region. Several European countries spend significantly high amounts on military reinforcement, which indicates high demand for military aircraft. A few of the major aircraft manufacturers present in the region include Airbus, Leonardo S.p.A, and Saab AB. Airbus delivered 611 units of commercial aircraft in 2021 compared to 566 units in 2020. An increase in aircraft deliveries by these companies every year is adding to the demand for aircraft engines. The region also has significant presence of engine manufacturers such as Safran SA, Rolls Royce plc, and MTU Aero Engines AG. Safran SA, in July 2022, announced the opening of three aerospace plants, along with plans to set up an engine MRO plant in 2025. Such activities by the abovementioned companies to expand their product portfolios and geographic presence would bolster the engine production volume by companies, thereby resulting in a high demand for engine components, including ignition systems.

Engine Type-Based Insights

Based on engine type, the aircraft ignition system market size is determined by turboprop engine, turbofan engine, turbojet engine, and piston engine. The turbofan engine segment in terms of revenue is expected to continue its dominance in the global aircraft ignition system market by 2028. Turbofan engines are most commonly used engines in all types of aircraft. The rising production of narrow body and wide body commercial aircraft such as A320 Family, A350, B737 family, B777 family, and B787 family of aircraft is expected to aid the turbofan engine industry growth. The engine manufacturers continuously procure engine components and sub-components, which helps the engine component manufacturers to gain revenue year-on-year. This factor has been catalyzing the aircraft ignition system market growth over the years.

The aircraft ignition system market size is determined by type, component, engine type, and geography. Based on type, the aircraft ignition system industry is categorized into electric ignition and magneto ignition. By component, the market is segmented into ignition leads, igniters, spark plugs, exciters, and others. In terms of engine type, the market is divided into turboprop engine, turbofan engine, turbojet engine, and piston engine. By geography, the market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.

Some of the key aircraft ignition system market players operating globally include Champion Aerospace Inc, FADEC International LLC, Meggitt SA, Kelly Aerospace Inc, and Continental Aerospace Technologies Inc.

Players operating in the aircraft ignition system market are mainly focused on the development of advanced and efficient products.

  • In 2022, Unison Industries LLC announced that they are extending the distribution agreement with AAR CORP. Under this agreement, AAR will be distributing ignition leads, igniter plugs, harnesses, and related spare parts to aftermarket customers worldwide. Through this agreement, the company will be able to improve its customer service for operators and MRO facilities.
  • In 2021, Champion Aerospace Inc announced that they had signed an agreement with S3 AeroDefense to distribute its solutions worldwide. Thus, through this agreement will expand its distribution channel in the aircraft ignition system market.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Component, and Engine Type

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is the estimated global market size for the aircraft ignition system market in 2022?

The estimated global market size for the aircraft ignition system market in 2022 is expected to be around US$ 433.75 million

What are the driving factors impacting the aircraft ignition system market?

1. Growing production of aircraft
2. Rising adoption of FADEC system

What is the future trend in the aircraft ignition system market?

Product development and expansion of distribution channels

Which are the key players holding the major market share of aircraft ignition system market?

Champion Aerospace Inc, FADEC International LLC, Meggitt SA, Kelly Aerospace Inc, and Continental Aerospace Technologies Inc. are the key market players expected to hold a major market share of aircraft ignition system market in 2022

Which is the fastest growing regional market?

Asia Pacific is expected to register highest CAGR in the aircraft ignition system market during the forecast period (2022-2028)

Which countries are registering a high growth rate during the forecast period?

India, China, and France are expected to register high growth rate during the forecast period

Which country is holding the major market share of aircraft ignition system market?

The US is expected to hold a major market share of aircraft ignition system market in 2022

Which is the leading aircraft ignition system type segment in the aircraft ignition system market?

Electric ignition segment is expected to hold a major market share of aircraft ignition system market in 2022

What will be the global market size of aircraft ignition system market by 2028?

The global market size of aircraft ignition system market by 2028 will be around US$ 596.28 million

What is the incremental growth of the aircraft ignition system market during the forecast period?

The aircraft ignition system market is expected to register an incremental growth value of US$ 162.53 million during the forecast period

The List of Companies - Aircraft Ignition System Market

  1. Sonex LLC
  2. Champion Aerospace Inc
  3. Electroair Acquisition Corp
  4. PBS Group AS
  5. Tempest Aero Group LLC
  6. Surefly Partners Ltd
  7. Unison Industries LLC
  8. FADEC International LLC
  9. Kelly Aerospace Inc
  10. Continental Aerospace Technologies Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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