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Aircraft Magneto Ignition System-Global Market Insights and Sales Trends 2024
Synopsis
The aircraft ignition system is used for creating & supplying electrical spark that ignites the mixture of air & fuel in the aircraft engine’s cylinder. Ignition systems are of two types: magneto-ignition systems and electronic full authority digital engine control (FADEC) systems. The magneto ignition system is an ignition system where magneto is used for the generation of electricity. Modern aircrafts use dual ignition systems. Dual ignition system has increased safety. For instance, the aircraft system can be operated on other system in case of failing of one magneto system, until the aircraft lands safely. Additionally, the use of dual ignition system has also improved combustion of air & fuel mixture, which has resulted in increased efficiency of the aircraft’s engine
The global Aircraft Magneto Ignition System market size is expected to reach US$ 85 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The market is mainly driven by the significant applications of Aircraft Magneto Ignition System in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Aircraft Magneto Ignition System market. High-Tension Ignition Systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-Tension Ignition Systems segment is estimated at % CAGR for the next seven-year period.
According to the IATA, the total volume of air passenger traffic in 2022 increased by 64.4% compared to 2021. Global passenger traffic for the whole year was 68.5% of pre-pandemic (2019) levels. Total global aviation revenue grew by 43.6% to $727 billion in 2022. In 2022, global airlines were expected to have a net loss of $6.9 billion, significantly better than the net loss of $42 billion in 2021 and $137.7 billion in 2020. According to data from the Civil Aviation Administration of China, in 2022, the cumulative operating income of the entire industry was 632.89 billion yuan, down 15.8% from the previous year. The loss was 217.44 billion yuan. Among them, airlines achieved operating income of 336.48 billion yuan, and the loss was 177.12 billion yuan. The airport achieved operating income of 77.01 billion yuan and the loss was 47.62 billion yuan.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aircraft Magneto Ignition System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aircraft Magneto Ignition System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aircraft Magneto Ignition System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aircraft Magneto Ignition System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aircraft Magneto Ignition System covered in this report include Woodward, TransDigm, Meggitt, Unison Industries, Continental Motor, G3i Ignition, Electroair, Sky Dynamics and SureFly, etc.
The global Aircraft Magneto Ignition System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Woodward
TransDigm
Meggitt
Unison Industries
Continental Motor
G3i Ignition
Electroair
Sky Dynamics
SureFly
Champion Aerospace
Kelly Aerospace
Global Aircraft Magneto Ignition System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aircraft Magneto Ignition System market, Segment by Type:
High-Tension Ignition Systems
Low-Tension Ignition Systems
Global Aircraft Magneto Ignition System market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Aircraft Magneto Ignition System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The aircraft ignition system is used for creating & supplying electrical spark that ignites the mixture of air & fuel in the aircraft engine’s cylinder. Ignition systems are of two types: magneto-ignition systems and electronic full authority digital engine control (FADEC) systems. The magneto ignition system is an ignition system where magneto is used for the generation of electricity. Modern aircrafts use dual ignition systems. Dual ignition system has increased safety. For instance, the aircraft system can be operated on other system in case of failing of one magneto system, until the aircraft lands safely. Additionally, the use of dual ignition system has also improved combustion of air & fuel mixture, which has resulted in increased efficiency of the aircraft’s engine
The global Aircraft Magneto Ignition System market size is expected to reach US$ 85 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The market is mainly driven by the significant applications of Aircraft Magneto Ignition System in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Aircraft Magneto Ignition System market. High-Tension Ignition Systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Low-Tension Ignition Systems segment is estimated at % CAGR for the next seven-year period.
According to the IATA, the total volume of air passenger traffic in 2022 increased by 64.4% compared to 2021. Global passenger traffic for the whole year was 68.5% of pre-pandemic (2019) levels. Total global aviation revenue grew by 43.6% to $727 billion in 2022. In 2022, global airlines were expected to have a net loss of $6.9 billion, significantly better than the net loss of $42 billion in 2021 and $137.7 billion in 2020. According to data from the Civil Aviation Administration of China, in 2022, the cumulative operating income of the entire industry was 632.89 billion yuan, down 15.8% from the previous year. The loss was 217.44 billion yuan. Among them, airlines achieved operating income of 336.48 billion yuan, and the loss was 177.12 billion yuan. The airport achieved operating income of 77.01 billion yuan and the loss was 47.62 billion yuan.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Aircraft Magneto Ignition System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Aircraft Magneto Ignition System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Aircraft Magneto Ignition System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Aircraft Magneto Ignition System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Aircraft Magneto Ignition System covered in this report include Woodward, TransDigm, Meggitt, Unison Industries, Continental Motor, G3i Ignition, Electroair, Sky Dynamics and SureFly, etc.
The global Aircraft Magneto Ignition System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Woodward
TransDigm
Meggitt
Unison Industries
Continental Motor
G3i Ignition
Electroair
Sky Dynamics
SureFly
Champion Aerospace
Kelly Aerospace
Global Aircraft Magneto Ignition System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Aircraft Magneto Ignition System market, Segment by Type:
High-Tension Ignition Systems
Low-Tension Ignition Systems
Global Aircraft Magneto Ignition System market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Aircraft Magneto Ignition System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Aircraft Magneto Ignition System
1.1 Aircraft Magneto Ignition System Market Overview
1.1.1 Aircraft Magneto Ignition System Product Scope
1.1.2 Aircraft Magneto Ignition System Market Status and Outlook
1.2 Global Aircraft Magneto Ignition System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Aircraft Magneto Ignition System Market Size by Region (2018-2029)
1.4 Global Aircraft Magneto Ignition System Historic Market Size by Region (2018-2023)
1.5 Global Aircraft Magneto Ignition System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Aircraft Magneto Ignition System Market Size (2018-2029)
1.6.1 North America Aircraft Magneto Ignition System Market Size (2018-2029)
1.6.2 Europe Aircraft Magneto Ignition System Market Size (2018-2029)
1.6.3 Asia-Pacific Aircraft Magneto Ignition System Market Size (2018-2029)
1.6.4 Latin America Aircraft Magneto Ignition System Market Size (2018-2029)
1.6.5 Middle East & Africa Aircraft Magneto Ignition System Market Size (2018-2029)
2 Aircraft Magneto Ignition System Market by Type
2.1 Introduction
2.1.1 High-Tension Ignition Systems
2.1.2 Low-Tension Ignition Systems
2.2 Global Aircraft Magneto Ignition System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Aircraft Magneto Ignition System Historic Market Size by Type (2018-2023)
2.2.2 Global Aircraft Magneto Ignition System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Aircraft Magneto Ignition System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Aircraft Magneto Ignition System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Aircraft Magneto Ignition System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Aircraft Magneto Ignition System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Aircraft Magneto Ignition System Revenue Breakdown by Type (2018-2029)
3 Aircraft Magneto Ignition System Market Overview by Application
3.1 Introduction
3.1.1 OEM
3.1.2 Aftermarket
3.2 Global Aircraft Magneto Ignition System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Aircraft Magneto Ignition System Historic Market Size by Application (2018-2023)
3.2.2 Global Aircraft Magneto Ignition System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Aircraft Magneto Ignition System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Aircraft Magneto Ignition System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Aircraft Magneto Ignition System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Aircraft Magneto Ignition System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Aircraft Magneto Ignition System Revenue Breakdown by Application (2018-2029)
4 Aircraft Magneto Ignition System Competition Analysis by Players
4.1 Global Aircraft Magneto Ignition System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Aircraft Magneto Ignition System as of 2022)
4.3 Date of Key Players Enter into Aircraft Magneto Ignition System Market
4.4 Global Top Players Aircraft Magneto Ignition System Headquarters and Area Served
4.5 Key Players Aircraft Magneto Ignition System Product Solution and Service
4.6 Competitive Status
4.6.1 Aircraft Magneto Ignition System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Woodward
5.1.1 Woodward Profile
5.1.2 Woodward Main Business
5.1.3 Woodward Aircraft Magneto Ignition System Products, Services and Solutions
5.1.4 Woodward Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.1.5 Woodward Recent Developments
5.2 TransDigm
5.2.1 TransDigm Profile
5.2.2 TransDigm Main Business
5.2.3 TransDigm Aircraft Magneto Ignition System Products, Services and Solutions
5.2.4 TransDigm Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.2.5 TransDigm Recent Developments
5.3 Meggitt
5.3.1 Meggitt Profile
5.3.2 Meggitt Main Business
5.3.3 Meggitt Aircraft Magneto Ignition System Products, Services and Solutions
5.3.4 Meggitt Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.3.5 Unison Industries Recent Developments
5.4 Unison Industries
5.4.1 Unison Industries Profile
5.4.2 Unison Industries Main Business
5.4.3 Unison Industries Aircraft Magneto Ignition System Products, Services and Solutions
5.4.4 Unison Industries Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.4.5 Unison Industries Recent Developments
5.5 Continental Motor
5.5.1 Continental Motor Profile
5.5.2 Continental Motor Main Business
5.5.3 Continental Motor Aircraft Magneto Ignition System Products, Services and Solutions
5.5.4 Continental Motor Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.5.5 Continental Motor Recent Developments
5.6 G3i Ignition
5.6.1 G3i Ignition Profile
5.6.2 G3i Ignition Main Business
5.6.3 G3i Ignition Aircraft Magneto Ignition System Products, Services and Solutions
5.6.4 G3i Ignition Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.6.5 G3i Ignition Recent Developments
5.7 Electroair
5.7.1 Electroair Profile
5.7.2 Electroair Main Business
5.7.3 Electroair Aircraft Magneto Ignition System Products, Services and Solutions
5.7.4 Electroair Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.7.5 Electroair Recent Developments
5.8 Sky Dynamics
5.8.1 Sky Dynamics Profile
5.8.2 Sky Dynamics Main Business
5.8.3 Sky Dynamics Aircraft Magneto Ignition System Products, Services and Solutions
5.8.4 Sky Dynamics Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.8.5 Sky Dynamics Recent Developments
5.9 SureFly
5.9.1 SureFly Profile
5.9.2 SureFly Main Business
5.9.3 SureFly Aircraft Magneto Ignition System Products, Services and Solutions
5.9.4 SureFly Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.9.5 SureFly Recent Developments
5.10 Champion Aerospace
5.10.1 Champion Aerospace Profile
5.10.2 Champion Aerospace Main Business
5.10.3 Champion Aerospace Aircraft Magneto Ignition System Products, Services and Solutions
5.10.4 Champion Aerospace Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.10.5 Champion Aerospace Recent Developments
5.11 Kelly Aerospace
5.11.1 Kelly Aerospace Profile
5.11.2 Kelly Aerospace Main Business
5.11.3 Kelly Aerospace Aircraft Magneto Ignition System Products, Services and Solutions
5.11.4 Kelly Aerospace Aircraft Magneto Ignition System Revenue (US$ Million) & (2018-2023)
5.11.5 Kelly Aerospace Recent Developments
6 North America
6.1 North America Aircraft Magneto Ignition System Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Aircraft Magneto Ignition System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Aircraft Magneto Ignition System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Aircraft Magneto Ignition System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Aircraft Magneto Ignition System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Aircraft Magneto Ignition System Market Dynamics
11.1 Aircraft Magneto Ignition System Industry Trends
11.2 Aircraft Magneto Ignition System Market Drivers
11.3 Aircraft Magneto Ignition System Market Challenges
11.4 Aircraft Magneto Ignition System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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