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Aircraft Full Authority Digital Electronic Control (FADEC) Market by Engine Type and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43818
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The aircraft full authority digital electronic control (fadec) market share is expected to increase by USD 111.48 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.98%.

This aircraft full authority digital electronic control (fadec) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers aircraft full authority digital electronic control (fadec) market segmentations by engine type (turbofan and turboprop) and geography (North America, Europe, APAC, South America, and MEA). The aircraft full authority digital electronic control (fadec) market report also offers information on several market vendors, including BAE Systems Plc, Continental Aerospace Technologies, Electronic Concepts & Engineering Inc., FADEC International, Honeywell International Inc., Raytheon Technologies Corp., and Triumph Group Inc. among others.

What will the Aircraft Full Authority Digital Electronic Control (FADEC) Market Size be During the Forecast Period?

Aircraft Full Authority Digital Electronic Control (FADEC) Market Size

Download the Free Report Sample to Unlock the Aircraft Full Authority Digital Electronic Control (FADEC) Market Size for the Forecast Period and Other Important Statistics

 

Aircraft Full Authority Digital Electronic Control (FADEC) Market: Key Drivers, Trends, and Challenges

The growing adoption of fuel-efficient commercial aircraft is notably driving the aircraft full authority digital electronic control (fadec) market growth, although factors such as delay in aircraft delivery may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the aircraft full authority digital electronic control (fadec) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Aircraft Full Authority Digital Electronic Control (FADEC) Market Driver

The growing adoption of fuel-efficient commercial aircraft is a major factor driving the global aircraft full authority digital electronic control (FADEC) market share growth. As of December 2019, Boeing and Airbus had a significant backlog. Thus, these manufacturers are planning to increase their production in the future. The yearly increase in air traffic has led to the induction of new aircraft. Aircraft OEMs and their suppliers are revamping their production facilities to ensure scheduled deliveries. Moreover, commercial aircraft OEMs are engaged in the development of new-generation aircraft that are characterized by reduced fuel consumption and decreased noise and carbon emission. The demand for air travel is likely to double in the next 20 years due to the growth in air travel in China, Russia, India, Indonesia, and the US. The emerging countries in APAC will generate the highest demand for new-generation aircraft and its associated parts and components in the coming years. In order to meet the rising demand for such aircraft in APAC, major OEMs are expanding their bases in countries like China, Singapore, India, and Japan. As major airlines are procuring new-generation commercial aircraft, the demand for aircraft FADEC will increase.

Key Aircraft Full Authority Digital Electronic Control (FADEC) Market Trend

The emerging NEMS technology for sensors is another factor supporting the global aircraft full authority digital electronic control (FADEC) market share growth. As the aviation industry focuses on size, reliability, and performance, Technavio anticipates the adoption of nanoelectromechanical systems (NEMS) sensors in the next decade. Moreover, advancements in sensors will support the manufacturers of FADEC to develop advanced, reliable products. NEMS imparts electrical and mechanical functionalities on a nanoscale. Several aircraft manufacturers are focusing on NEMS-related R&D investments. FADEC analyzes the data received from the sensors for any given flight condition. NEMS is characterized by low mass and high mechanical resonance frequencies. Diamond, graphene, and carbon nanotubes are used in NEMS sensors. Carbon nanotubes and graphene are characterized by the increased physical strength that contributes to high stress-bearing capacities. The mechanical properties of carbon instill stability in NEMS sensors. In the future, NEMS sensors are expected to replace MEMS sensors in aircraft. The adoption of NEMS sensors is expected to positively impact the global aircraft full authority digital electronic control (FADEC) market.

Key Aircraft Full Authority Digital Electronic Control (FADEC) Market Challenge

The delay in aircraft delivery will be a major challenge for the global aircraft full authority digital electronic control (FADEC) market share growth during the forecast period. The manufacturers of aircraft systems, parts, and components are experiencing pressure to cope with the increasing demand, budget constraints, and rapid delivery times. These factors can have a huge impact on the quality of the product and lead to delayed product deliveries. With increasing passenger traffic, major airlines are increasing their orders for new aircraft as well as refurbishing old aircraft. However, numerous constraints and supply-chain challenges will result in delayed and sub-standard product deliveries. This impacts the delivery schedule and quality of FADEC systems as well. Manufacturing an aircraft is a time-consuming process. Any delay in the delivery of the sub-components of an aircraft leads to the extension of product delivery dates. Though aircraft revenue is increasing, the component suppliers are witnessing increased pressure. A few suppliers do not receive timely payment from aircraft OEMs. This impacts their production processes. As OEMs are pressurizing suppliers, small-sized players are struggling to survive in the competitive aviation industry. Therefore, such factors will hamper the growth of the market.

This aircraft full authority digital electronic control (fadec) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global aircraft FADEC market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the aircraft full authority digital electronic control (fadec) market during the forecast period.

Who are the Major Aircraft Full Authority Digital Electronic Control (FADEC) Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • BAE Systems Plc
  • Continental Aerospace Technologies
  • Electronic Concepts & Engineering Inc.
  • FADEC International
  • Honeywell International Inc.
  • Raytheon Technologies Corp.
  • Triumph Group Inc.

This statistical study of the aircraft full authority digital electronic control (fadec) market encompasses successful business strategies deployed by the key vendors. The aircraft full authority digital electronic control (fadec) market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • BAE Systems Plc- The company offers CF34 FADEC, LEAP/PP20 FADEC, GE9X FADEC, and GE Catalyst FADEPC for various aircraft engines.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The aircraft full authority digital electronic control (fadec) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Aircraft Full Authority Digital Electronic Control (FADEC) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the aircraft full authority digital electronic control (fadec) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global aerospace and defense market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Aircraft Full Authority Digital Electronic Control (FADEC) Market?

Aircraft Full Authority Digital Electronic Control (FADEC) Market Market segmentation by region

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30% of the market's growth will originate from North America during the forecast period. The US is the key market for aircraft full authority digital electronic control (FADEC) market in North America. Market growth in this region will be faster than the growth of the market in Europe, South America, and MEA.

The presence of a mature aerospace industry and rapid increase in the global demand for new aircraft procurement will facilitate the aircraft full authority digital electronic control (fadec) market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of the COVID-19 pandemic affected all countries in North America, especially the US. This negatively impacted the aircraft FADEC market in the region. As of April 28, 2021, more than 32.9 million COVID-19 cases were reported. A rise in the number of COVID-19 cases due to the second wave of the outbreak in the first half of 2021 led to partial lockdowns in several countries, including the US, Canada, and Mexico. In addition, most non-essential and non-urgent operations were closed or halted as per the requirement. These measures have affected the growth of the aircraft FADEC market in the region. However, measures such as the partial resumption of industrial activities with the norms of social distancing and limiting the capacity of total staff reporting to worksites are expected to stabilize the growth of the market in the region during the latter half of the forecast period.

What are the Revenue-generating Engine Type Segments in the Aircraft Full Authority Digital Electronic Control (FADEC) Market?

Aircraft Full Authority Digital Electronic Control (FADEC) Market Segmentation

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Turbofan engines are mostly used in new-generation aircraft due to their better propulsive efficiency compared to turboprop engines. These engines are preferred even for advanced fighter jets. Therefore, the market growth by the turbofan segment will be faster than the growth of the market by the turboprop segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the aircraft full authority digital electronic control (fadec) market size and actionable market insights on post COVID-19 impact on each segment.

 

Aircraft Full Authority Digital Electronic Control (FADEC) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.98%

Market growth 2021-2025

$ 111.48 million

Market structure

Concentrated

YoY growth (%)

1.87

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 30%

Key consumer countries

US, China, UK, France, and Russian Federation

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BAE Systems Plc, Continental Aerospace Technologies, Electronic Concepts & Engineering Inc., FADEC International, Honeywell International Inc., Raytheon Technologies Corp., and Triumph Group Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Aircraft Full Authority Digital Electronic Control (FADEC) Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive aircraft full authority digital electronic control (fadec) market growth during the next five years
  • Precise estimation of the aircraft full authority digital electronic control (fadec) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aircraft full authority digital electronic control (fadec) industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aircraft full authority digital electronic control (fadec) market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
  • 2.2 Market characteristics
    • Exhibit 02: Market characteristics
  • 2.3 Value chain analysis
    • Exhibit 03: Value chain analysis - Aerospace and defense

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five Forces Summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Engine Type

    • 5.1 Market segments
      • 5.2 Comparison by Engine Type
        • 5.3 Turbofan - Market size and forecast 2020-2025
          • Exhibit 17: Turbofan - Market size and forecast 2020-2025 ($ million)
          • Exhibit 18: Turbofan - Year-over-year growth 2020-2025 (%)
        • 5.4 Turboprop - Market size and forecast 2020-2025
          • Exhibit 19: Turboprop - Market size and forecast 2020-2025 ($ million)
          • Exhibit 20: Turboprop - Year-over-year growth 2020-2025 (%)
        • 5.5 Market opportunity by Engine Type
          • Exhibit 21: Market opportunity by Engine Type

        6 Customer landscape

        7 Geographic Landscape

        • 7.1 Geographic segmentation
          • Exhibit 23: Market share by geography 2020-2025 (%)
        • 7.2 Geographic comparison
          • Exhibit 24: Geographic comparison
        • 7.3 North America - Market size and forecast 2020-2025
          • Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
          • Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
        • 7.4 Europe - Market size and forecast 2020-2025
          • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
          • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
        • 7.5 APAC - Market size and forecast 2020-2025
          • Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
          • Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
        • 7.6 South America - Market size and forecast 2020-2025
          • Exhibit 31: South America - Market size and forecast 2020-2025 ($ million)
          • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
        • 7.7 MEA - Market size and forecast 2020-2025
          • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ million)
          • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
        • 7.8 Key leading countries
          • Exhibit 35: Key leading countries
        • 7.9 Market opportunity by geography
          • Exhibit 36: Market opportunity by geography ($ million)

        8 Drivers, Challenges, and Trends

        • 8.1 Market drivers
          • 8.2 Market challenges
            • Exhibit 37: Impact of drivers and challenges
          • 8.3 Market trends

            9 Vendor Landscape

            • 9.1 Competitive Scenario
              • 9.2 Vendor landscape
                • Exhibit 38: Vendor landscape
              • 9.3 Landscape disruption
                • Exhibit 39: Landscape disruption
              • 9.4 Industry risks
                • Exhibit 40: Industry risks

              10 Vendor Analysis

              • 10.1 Vendors covered
                • Exhibit 41: Vendors covered
              • 10.2 Market positioning of vendors
                • Exhibit 42: Market positioning of vendors
              • 10.3 BAE Systems Plc
                • Exhibit 43: BAE Systems Plc - Overview
                • Exhibit 44: BAE Systems Plc - Business segments
                • Exhibit 45: BAE Systems Plc - Key news
                • Exhibit 46: BAE Systems Plc - Key offerings
                • Exhibit 47: BAE Systems Plc - Segment focus
              • 10.4 Continental Aerospace Technologies
                • Exhibit 48: Continental Aerospace Technologies - Overview
                • Exhibit 49: Continental Aerospace Technologies - Product and service
                • Exhibit 50: Continental Aerospace Technologies - Key news
                • Exhibit 51: Continental Aerospace Technologies - Key offerings
              • 10.5 Electronic Concepts & Engineering Inc.
                • Exhibit 52: Electronic Concepts & Engineering Inc. - Overview
                • Exhibit 53: Electronic Concepts & Engineering Inc. - Product and service
                • Exhibit 54: Electronic Concepts & Engineering Inc. - Key offerings
              • 10.6 FADEC International
                • Exhibit 55: FADEC International - Overview
                • Exhibit 56: FADEC International - Product and service
                • Exhibit 57: FADEC International - Key offerings
              • 10.7 Honeywell International Inc.
                • Exhibit 58: Honeywell International Inc. - Overview
                • Exhibit 59: Honeywell International Inc. - Business segments
                • Exhibit 60: Honeywell International Inc. - Key news
                • Exhibit 61: Honeywell International Inc. - Key offerings
                • Exhibit 62: Honeywell International Inc. - Segment focus
              • 10.8 Raytheon Technologies Corp.
                • Exhibit 63: Raytheon Technologies Corp. - Overview
                • Exhibit 64: Raytheon Technologies Corp. - Business segments
                • Exhibit 65: Raytheon Technologies Corp. - Key news
                • Exhibit 66: Raytheon Technologies Corp. - Key offerings
                • Exhibit 67: Raytheon Technologies Corp. - Segment focus
              • 10.9 Triumph Group Inc.
                • Exhibit 68: Triumph Group Inc. - Overview
                • Exhibit 69: Triumph Group Inc. - Business segments
                • Exhibit 70: Triumph Group Inc. - Key news
                • Exhibit 71: Triumph Group Inc. - Key offerings
                • Exhibit 72: Triumph Group Inc. - Segment focus

              11 Appendix

              • 11.1 Scope of the report
                • 11.2 Currency conversion rates for US$
                  • Exhibit 73: Currency conversion rates for US$
                • 11.3 Research methodology
                  • Exhibit 74: Research Methodology
                  • Exhibit 75: Validation techniques employed for market sizing
                  • Exhibit 76: Information sources
                • 11.4 List of abbreviations
                  • Exhibit 77: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Aircraft Full Authority Digital Electronic Control (FADEC) Market market growth will increase by $111.48 mn during 2021-2025.
                The aircraft full authority digital electronic control (fadec) market market is expected to grow at a CAGR of 3.98% during 2021-2025.
                Technavio has segmented the aircraft full authority digital electronic control (fadec) market market by other 1 (turbofan and turboprop) ,geography (North America, Europe, APAC, South America, and MEA) , and geographic (North America, Europe, APAC, South America, and MEA).
                BAE Systems Plc, Continental Aerospace Technologies, Electronic Concepts & Engineering Inc., FADEC International, Honeywell International Inc., Raytheon Technologies Corp., Triumph Group Inc. are a few of the key vendors in the aircraft full authority digital electronic control (fadec) market market.
                North America will register the highest growth rate of 30% among the other regions. Therefore, the aircraft full authority digital electronic control (fadec) market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the aircraft full authority digital electronic control (fadec) market market growth are:
                • Growing adoption of fuel-efficient new - generation commercial aircraft
                • Emerging NEMS technology for sensors
                The aircraft full authority digital electronic control (fadec) market market vendors should focus on grabbing business opportunities from the turbofan segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis

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