Market Overview:
The global aircraft magneto ignition system 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%. The growth of the market can be attributed to the increasing demand for commercial and military aircraft across the globe. The global aircraft magneto ignition system market has been segmented on the basis of type, application, and region. On the basis of type, it has been classified into high-tension ignition systems and low-tension ignition systems. High-tension ignition systems are expected to account for a larger share in terms of revenue as compared to low-tension ignition systems during the forecast period.
Product Definition:
An aircraft magneto ignition system is a type of electrical ignition system used in gasoline-powered aircraft. It consists of two or more magnetos, each of which produces a high-voltage spark. The purpose of the aircraft magneto ignition system is to provide reliable and consistent ignition for the engine.
High-Tension Ignition Systems:
High-tension ignition systems are used in aircraft to start the engine. They are different from low-tension systems as they have higher voltage and current. The system comprises of a spark plug, high voltage cable, distributor cap and rotor, an air gap, electrodes (lug & cap), ground wire and an electric lead for the battery.
Low-Tension Ignition Systems:
Low-tension ignition systems are used in aircraft magneto ignition system. It is a spark-ignition system that uses low voltage to initiate the combustion process. The primary function of this type of engine is to provide an efficient means for starting and sustaining flight in electrical machines with no or minimal moving parts.
Application Insights:
The OEM segment dominated the global aircraft magneto ignition system market in 2017. The major factor contributing to its dominance is that most of the manufacturers offer their products through an OEM channel, which enables them to maintain control of both ends of the transaction. The high-performance and technologically advanced nature of these systems ensure superior performance even on older aircraft models, thereby resulting in increased demand from major players such as Airbus SE, Embraer S.A., and Bombardier Inc. among others within this industry vertical.
The aftermarket segment is expected to expand at a CAGR exceeding 5% over the forecast period owing to growing awareness about maintaining proper equipment maintenance along with rising replacement & refurbishment activities for existing fleet across all regions globally due to increasing passenger traffic coupled with low fares wars being fought by low cost carriers (LCCs).
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to the presence of a large number of aircraft manufacturers and OEMs in this region. The U.S., being one of the most prominent countries that manufactures planes, helicopters, and other aircraft parts accounts for a major market share in North America as well as across the globe.
Asia Pacific is expected to be one of the fastest-growing regions with a CAGR exceeding 6.5% from 2018 to 2030 due to increasing demand from OEMs and aftermarket customers for MAGI systems installed on commercial planes manufactured by Airbus SAS; Boeing Co.; Bombardier Inc.; Embraer SA; China Aviation Oil & Gas Corporation Ltd.; Commercial Aircraft Corporation Of China Ltd.; Tianjin Airlines Co.
Growth Factors:
- Increasing demand for aircrafts in the commercial and defense sectors is expected to drive the growth of the aircraft magneto ignition system market.
- The increasing adoption of advanced technologies in aircraft magneto ignition systems is projected to fuel the growth of this market during the forecast period.
- The growing demand for lightweight and fuel-efficient aircrafts is anticipated to boost the growth of this market in future.
- The increasing number of air accidents due to faulty ignition systems is expected to create opportunities for players operating in this market during the forecast period.
- Stringent safety norms by regulatory authorities are likely to propel demand for reliable and high-performance aircraft magneto ignition systems over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Magneto Ignition System Market Research Report
By Type
High-Tension Ignition Systems, Low-Tension Ignition Systems
By Application
OEM, Aftermarket
By Companies
Woodward, TransDigm, Meggitt, Unison Industries, Continental Motor, G3i Ignition, Electroair, Sky Dynamics, SureFly, Champion Aerospace, Kelly Aerospace
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Magneto Ignition System Market Report Segments:
The global Aircraft Magneto Ignition System market is segmented on the basis of:
Types
High-Tension Ignition Systems, Low-Tension Ignition Systems
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
OEM, Aftermarket
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:
- Woodward
- TransDigm
- Meggitt
- Unison Industries
- Continental Motor
- G3i Ignition
- Electroair
- Sky Dynamics
- SureFly
- Champion Aerospace
- Kelly Aerospace
Highlights of The Aircraft Magneto Ignition System 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:
- High-Tension Ignition Systems
- Low-Tension Ignition Systems
- By Application:
- OEM
- Aftermarket
- 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 Magneto Ignition System 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
An aircraft magneto ignition system is a type of engine ignition system that uses magnets to start the engine. This system is more efficient than traditional spark-ignition engines, and it's also easier to maintain.
Some of the major players in the aircraft magneto ignition system market are Woodward, TransDigm, Meggitt, Unison Industries, Continental Motor, G3i Ignition, Electroair, Sky Dynamics, SureFly, Champion Aerospace, Kelly Aerospace.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Magneto Ignition System 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 Magneto Ignition System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aircraft Magneto Ignition System 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 Magneto Ignition System 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 Magneto Ignition System Market Size & Forecast, 2018-2028 4.5.1 Aircraft Magneto Ignition System Market Size and Y-o-Y Growth 4.5.2 Aircraft Magneto Ignition System Market Absolute $ Opportunity
Chapter 5 Global Aircraft Magneto Ignition System 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 Magneto Ignition System Market Size Forecast by Type
5.2.1 High-Tension Ignition Systems
5.2.2 Low-Tension Ignition Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Magneto Ignition System 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 Magneto Ignition System Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Magneto Ignition System 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 Magneto Ignition System 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 Magneto Ignition System Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Magneto Ignition System 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 Magneto Ignition System Market Size Forecast by Type
9.6.1 High-Tension Ignition Systems
9.6.2 Low-Tension Ignition Systems
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 Magneto Ignition System Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
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 Magneto Ignition System Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Magneto Ignition System 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 Magneto Ignition System Market Size Forecast by Type
10.6.1 High-Tension Ignition Systems
10.6.2 Low-Tension Ignition Systems
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 Magneto Ignition System Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
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 Magneto Ignition System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Magneto Ignition System 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 Magneto Ignition System Market Size Forecast by Type
11.6.1 High-Tension Ignition Systems
11.6.2 Low-Tension Ignition Systems
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 Magneto Ignition System Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
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 Magneto Ignition System Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Magneto Ignition System 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 Magneto Ignition System Market Size Forecast by Type
12.6.1 High-Tension Ignition Systems
12.6.2 Low-Tension Ignition Systems
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 Magneto Ignition System Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
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 Magneto Ignition System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Magneto Ignition System 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 Magneto Ignition System Market Size Forecast by Type
13.6.1 High-Tension Ignition Systems
13.6.2 Low-Tension Ignition Systems
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 Magneto Ignition System Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
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 Magneto Ignition System Market: Competitive Dashboard
14.2 Global Aircraft Magneto Ignition System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Woodward
14.3.2 TransDigm
14.3.3 Meggitt
14.3.4 Unison Industries
14.3.5 Continental Motor
14.3.6 G3i Ignition
14.3.7 Electroair
14.3.8 Sky Dynamics
14.3.9 SureFly
14.3.10 Champion Aerospace
14.3.11 Kelly Aerospace