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 has the potential to grow by USD 111.48 million during 2021-2025, 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 market segmentation 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 in 2021?

Aircraft-Full-Authority-Digital-Electronic-Control-(FADEC)-Market-Market-Size-2020-2025

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

The growing adoption of fuel-efficient new-generation commercial aircraft is notably driving the aircraft full authority digital electronic control (FADEC) market growth, although factors such as delays in aircraft delivery may impede the market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the aircraft full authority digital electronic control (FADEC) industry get your FREE report sample now.

  • The growing adoption of fuel-efficient new-generation commercial aircraft is one of the significant factors that will drive authority digital electronic control market growth in the coming years.
  • Airbus and Boeing are well-positioned to increase their production in the future.
  • The induction of new aircraft has resulted from the yearly increase in air traffic.
  • Aircraft OEMs are reconstructing their production facilities to ensure scheduled deliveries.
  • In 2015, Airbus opened a new USD 600 million production facility in Alabama, the US. Since then, this facility has been engaged in assembling the A320 series of narrow-body aircraft, comprising A319s, A320s, and A321.
  • The development of NEMS technology for sensors is one of the vital authority digital electronic control market trends.
  • There will be a rise in the adoption of nanoelectromechanical system (NEMS) sensors because of the increasing focus on size, reliability, and performance by the aviation industry.
  • Manufacturers of FADEC will be able to develop advanced, reliable products with the help of advanced sensors.
  • The above-mentioned trend will drive aircraft full authority digital electronic control market growth at a CAGR of almost 4% by 2025.

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. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

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.

 

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. Click here to uncover other successful business strategies deployed by the vendors. 

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.

Download a free sample of the aircraft full authority digital electronic control (FADEC) market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

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

Aircraft-Full-Authority-Digital-Electronic-Control-(FADEC)-Market-Market-Share-by-Region-2020-2025

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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. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

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-Market-Share-by-Engine Type-2020-2025

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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.

Fetch actionable market insights on post COVID-19 impact on each 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.

 

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What are the Key Factors 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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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 4%

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

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 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.

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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
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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
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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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The aircraft full authority digital electronic control (fadec) market growth will increase by $104.95 million during 2019-2024.
The aircraft full authority digital electronic control (fadec) market is expected to grow at a CAGR of 3.59% during 2019-2024.
Technavio has segmented the aircraft full authority digital electronic control (fadec) market by other1 (Turbofan and Turboprop) 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.
North America will register the highest growth rate of 45.01% among the other regions. Therefore, the aircraft full authority digital electronic control (fadec) 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 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 vendors should focus on grabbing business opportunities from the turbofan segment as it accounted for the largest market share in the base year.
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