Market Overview:
The global aircraft control stick grip market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for commercial and military aircraft across the globe. Additionally, factors such as rising air passenger traffic and replacement of aging fleets are also expected to boost the demand for aircraft control stick grips over the forecast period. On basis of type, OEMs segment is anticipated to account for a major share in terms of revenue in 2018 and is projected register highest CAGR over next 10 years owing high adoption rate among original equipment manufacturers (OEMs). Aftermarket segment would witness moderate growth during forecast period due growing inclination towards retrofitting existing systems with advanced technologies. On basis application, propeller aircraft segment dominates global market with highest share in terms revenue followed by jet aircraft & rotorcraft segments respectively.
Product Definition:
The aircraft control stick grip is a device that is used to control the aircraft. It provides input to the flight control system which allows the pilot to maneuver the aircraft. The importance of the Aircraft Control Stick Grip is that it allows the pilot to safely fly and maneuver the aircraft.
OEMs:
OEMs are the original equipment manufacturer. They are a company that designs and manufactures aircraft control systems, avionics, flight controls, powerplant and propulsion systems among others. OEMs provide complete solutions for the assembly of complicated control components such as stick grip assemblies in an attempt to reduce time-to-market (TTM) and increase efficiency by streamlining their production process.
Aftermarket:
Aftermarket is the second hand or new part of any manufactured article. Aftermarket has been used in aircraft control stick grip market as it is available in large number and can be replaced easily.
Aftermarket parts are cheaper than the original one and also have longer life span, which makes them a preferable choice for replacement of any part.
Application Insights:
Propeller aircraft accounted for the largest share of over 40.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for propeller driven aircraft as low-cost carriers is expected to drive growth during the forecast period. The introduction of advanced technologies such as composite materials and carbon fiber propellers has further reduced the price of these aircraft, thereby driving demand from consumers across regions.
The jet application segment was valued at USD 544 million in 2017 owing to increasing utilization of advanced technology jets in business aviation services worldwide. Businesses are preferring larger passenger capacity planes that offer a higher level of comfort due to increased passenger traffic on a route basis, which can be accommodated by these types of airplanes with ease at an economical cost per seat mile ratio compared with helicopters or turboprops/turbofans respectively.
Regional Analysis:
North America dominated the global aircraft control stick grip market in 2016 and is expected to continue its dominance over the forecast period. The presence of major aircraft OEMs, such as Boeing, Lockheed Martin Corporation, and Airbus S.A., has resulted in high production of new commercial planes across this region. Moreover, increasing demand for rotorcraft due to rising military operations across countries such as Iraq & Afghanistan and Syria is anticipated to drive product demand over the forecast period.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast years owing to rapid growth experienced by developing economies including China and India on account of industrialization coupled with rise in disposable income levels among common mass populace; these factors have led into an increase in passenger traffic across these nations which has further boosted product sales within this region at a significant rate since 2012 when this study was conducted globally (i.e., before Chinese economic slowdown).
Growth Factors:
- Increasing demand for aircraft control stick grip from the commercial and defense sectors
- Growing popularity of unmanned aerial vehicles (UAVs)
- Rising investments in the aerospace sector
- Technological advancements in aircraft control stick grip design and manufacturing processes
- Growing demand for lightweight and ergonomic aircraft control stick grips
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Control Stick Grip Market Research Report
By Type
OEMs, Aftermarket
By Application
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
By Companies
Aircraft Spruce, UTC Aerospace, Hawker Beechcraft, Marvel-Schebler, Continental Motors, Piper Aircraft, Meggitt Aircraft Braking Systems, Hutchinson Aerospace, Aircraft Spruce
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Control Stick Grip Market Report Segments:
The global Aircraft Control Stick Grip market is segmented on the basis of:
Types
OEMs, Aftermarket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aircraft Spruce
- UTC Aerospace
- Hawker Beechcraft
- Marvel-Schebler
- Continental Motors
- Piper Aircraft
- Meggitt Aircraft Braking Systems
- Hutchinson Aerospace
- Aircraft Spruce
Highlights of The Aircraft Control Stick Grip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEMs
- Aftermarket
- By Application:
- Propeller Aircraft
- Jet Aircraft
- Rotorcraft
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Control Stick Grip Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Aircraft Control Stick Grip is a grip that is used to provide stability and control when operating an aircraft.
Some of the major players in the aircraft control stick grip market are Aircraft Spruce, UTC Aerospace, Hawker Beechcraft, Marvel-Schebler, Continental Motors, Piper Aircraft, Meggitt Aircraft Braking Systems, Hutchinson Aerospace, Aircraft Spruce.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Control Stick Grip Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Control Stick Grip Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Control Stick Grip Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Control Stick Grip Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Control Stick Grip Market Size & Forecast, 2018-2028
4.5.1 Aircraft Control Stick Grip Market Size and Y-o-Y Growth
4.5.2 Aircraft Control Stick Grip Market Absolute $ Opportunity
Chapter 5 Global Aircraft Control Stick Grip Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Control Stick Grip Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Control Stick Grip Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Control Stick Grip Market Size Forecast by Applications
6.2.1 Propeller Aircraft
6.2.2 Jet Aircraft
6.2.3 Rotorcraft
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Control Stick Grip Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Control Stick Grip Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Control Stick Grip Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Control Stick Grip Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Control Stick Grip Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Control Stick Grip Market Size Forecast by Applications
9.10.1 Propeller Aircraft
9.10.2 Jet Aircraft
9.10.3 Rotorcraft
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Control Stick Grip Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Control Stick Grip Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Control Stick Grip Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Control Stick Grip Market Size Forecast by Applications
10.10.1 Propeller Aircraft
10.10.2 Jet Aircraft
10.10.3 Rotorcraft
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Control Stick Grip Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Control Stick Grip Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Control Stick Grip Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Control Stick Grip Market Size Forecast by Applications
11.10.1 Propeller Aircraft
11.10.2 Jet Aircraft
11.10.3 Rotorcraft
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Control Stick Grip Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Control Stick Grip Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Control Stick Grip Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Control Stick Grip Market Size Forecast by Applications
12.10.1 Propeller Aircraft
12.10.2 Jet Aircraft
12.10.3 Rotorcraft
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Control Stick Grip Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Control Stick Grip Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Control Stick Grip Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Control Stick Grip Market Size Forecast by Applications
13.10.1 Propeller Aircraft
13.10.2 Jet Aircraft
13.10.3 Rotorcraft
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Control Stick Grip Market: Competitive Dashboard
14.2 Global Aircraft Control Stick Grip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aircraft Spruce
14.3.2 UTC Aerospace
14.3.3 Hawker Beechcraft
14.3.4 Marvel-Schebler
14.3.5 Continental Motors
14.3.6 Piper Aircraft
14.3.7 Meggitt Aircraft Braking Systems
14.3.8 Hutchinson Aerospace
14.3.9 Aircraft Spruce
