Market Overview:
The global aircraft solenoids 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 aircraft solenoids from various applications such as propeller aircraft, jet aircraft, rotorcraft and others. Additionally, rising demand for aftermarket solenoids is also expected to fuel the growth of the global market over the forecast period.
Product Definition:
Aircraft solenoids are electromechanical devices that use an electric current to create a magnetic field. This field can then be used to move or control objects, such as valves in an aircraft engine. Aircraft solenoids are important because they allow pilots to control critical functions of the aircraft, such as engine power and fuel flow.
OEMs:
OEMs are the original equipment manufacturer. They are a type of semiconductor used in electronic devices and systems to perform specific functions such as switching, amplification, and current control. The growth factor for OEMs in aircraft solenoids is that they have high switching power (for short circuit or overload protection) with low noise characteristics which makes them suitable for use in critical applications such as landing gear solenoids and flight control system components.
Aftermarket:
Aftermarket is the second hand or new parts of machinery, which are used for manufacturing new products. In the case of aircraft, aftermarket includes items such as hydraulic and pneumatic components along with electrical systems. Aftermarket has been growing rapidly due to replacement demand and technological advancement in terms of enhanced performance and reduced maintenance cost.
Application Insights:
Propeller aircraft application segment led the market and accounted for more than 45.0% share of the global revenue in 2017. The growth can be attributed to increasing demand for commercial and military propeller driven aircraft across the globe. Moreover, technological advancements coupled with growing industrialization levels are expected to drive propeller aircraft sales in developing countries such as China, India & Brazil which is further anticipated to propel product demand over the forecast period.
The jet aircraft application segment is projected to witness significant growth over the forecast period owing to rising passenger traffic on medium-range and long-range flights especially from European countries like Germany, U.K., Spain along with emerging economies such as South Korea, Japan & Australia among others which are majorly flown by jumbo jets equipped with solenoids ignitors manufactured by various manufacturers including Honeywell International Inc., Siemens AG Corporation among others.
Regional Analysis:
North America is expected to be the largest market for aircraft solenoids, accounting for over 35% of the total revenue share in 2017. The U.S., being a developed economy, has witnessed high penetration of electric vehicles and hybrid vehicles on account of rising concerns regarding global warming and pollution caused by gas emissions. This has led to increased demand for aircraft parts that need replacement or repair from time to flight operations, thereby driving the growth of this regional market.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing production activities in countries such as China and India along with growing demand from other developing economies such as Indonesia, Vietnam, Thailand among others are expected drive regional growth over next eight years.
Growth Factors:
- Increasing demand for aircrafts due to rise in air travel
- Growing number of aircraft deliveries by leading manufacturers
- Rising adoption of solenoids in new aircraft models
- Increasing demand for replacement and aftermarket solenoids
- Technological advancements in solenoid technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Solenoids Market Research Report
By Type
OEMs, Aftermarket
By Application
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
By Companies
Lamar Tech LLC, Piper Aircraft, Cessna Aircraft, Hamilton Sunstrand, Tempest A/Accessories, Grumman, Janitrol Aero, Aviat, Airborne, Hawker Beechcraft, Lamar Tech LLC, Rockwell, Honeywell Aerospace, 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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Solenoids Market Report Segments:
The global Aircraft Solenoids 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:
- Lamar Tech LLC
- Piper Aircraft
- Cessna Aircraft
- Hamilton Sunstrand
- Tempest A/Accessories
- Grumman
- Janitrol Aero
- Aviat
- Airborne
- Hawker Beechcraft
- Lamar Tech LLC
- Rockwell
- Honeywell Aerospace
- Spruce
Highlights of The Aircraft Solenoids 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 Solenoids 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?
Aircraft solenoids are devices that use a magnetic field to create a current of air. They are used in aircraft engines, blowers, and other applications.
Some of the major players in the aircraft solenoids market are Lamar Tech LLC, Piper Aircraft, Cessna Aircraft, Hamilton Sunstrand, Tempest A/Accessories, Grumman, Janitrol Aero, Aviat, Airborne, Hawker Beechcraft, Lamar Tech LLC, Rockwell, Honeywell Aerospace, Spruce.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Solenoids 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 Solenoids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Solenoids 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 Solenoids 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 Solenoids Market Size & Forecast, 2018-2028
4.5.1 Aircraft Solenoids Market Size and Y-o-Y Growth
4.5.2 Aircraft Solenoids Market Absolute $ Opportunity
Chapter 5 Global Aircraft Solenoids 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 Solenoids Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Solenoids 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 Solenoids 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 Solenoids 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 Solenoids 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 Solenoids Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Solenoids 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 Solenoids 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 Solenoids 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 Solenoids Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Solenoids 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 Solenoids 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 Solenoids 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 Solenoids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Solenoids 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 Solenoids 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 Solenoids 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 Solenoids Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Solenoids 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 Solenoids 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 Solenoids 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 Solenoids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Solenoids 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 Solenoids 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 Solenoids 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 Solenoids Market: Competitive Dashboard
14.2 Global Aircraft Solenoids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lamar Tech LLC
14.3.2 Piper Aircraft
14.3.3 Cessna Aircraft
14.3.4 Hamilton Sunstrand
14.3.5 Tempest A/Accessories
14.3.6 Grumman
14.3.7 Janitrol Aero
14.3.8 Aviat
14.3.9 Airborne
14.3.10 Hawker Beechcraft
14.3.11 Lamar Tech LLC
14.3.12 Rockwell
14.3.13 Honeywell Aerospace
14.3.14 Spruce
