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

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?

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?

For more insights on the market share of various regions Request for a FREE sample now!

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?

To gain further insights on the market contribution of various segments Request for a FREE sample

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	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

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

We can help! Our analysts can customize this report to meet your requirements. Get in touch