Aircraft Ignition System Market Growth Potential & Forecast, 2026 - PowerPoint PPT Presentation

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Aircraft Ignition System Market Growth Potential & Forecast, 2026

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Title: Aircraft Ignition System Market Growth Potential & Forecast, 2026


1
Aircraft Ignition System Market Share, Trend
Growth Forecast to 2026
2
Key Insights Aircraft Ignition System Market
  • the aircraft ignition system market share from
    spark plug segment secured a market share of more
    than USD 38 million. Spark plugs are one of the
    most important parts of the engine ignition
    system and a fault may lead to an engine failure.
    In 2020, the EIS41000 series introduced by
    Electroair gained EASA certification. The series
    will enhance fuel efficiency and reduce cases of
    faults in the spark plug. The quality
    certification from EASA ensures an extended life
    span and improves the operational efficiency of
    the component.
  • There has been a reduction in the size of
    aircraft ignition system over the years and the
    increase in the use of a single model to
    different engine types. An exponential increase
    in the manufacturing of commercial aircrafts over
    the years due to a rise in air traffic has
    positively influenced global aircraft ignition
    system market size. Reportedly, in the year 2018,
    the total inflight passengers stood at 4.3
    billion which was 6.4 higher as compared to
    2017.

3
Continued
  • Spark plugs require a particular amount of energy
    in order to carry out operations effectively. Low
    energy may cause an inefficient spark that may
    lead to inefficient fuel combustion. Where high
    energy may cause overlapping. In order to avoid
    any mishaps, industry players are constantly
    developing aircraft ignition systems with maximum
    operational efficiency.
  • By the end of 2026, the turbine engine segment
    was expected to capture over 90 of the overall
    aircraft ignition system industry share. The high
    market penetration of turbine engines is due to
    the wide application scope of the product. There
    are various kinds of turbine engines available in
    the market that are used for aircrafts types like
    narrow body and wide body.

4

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5
Major Companies Aircraft Ignition System Market
  • Electroair
  • Meggitt
  • Transdigm
  • Unison
  • G3I
  • Surefly
  • Air Power
  • Sky Dynamics

6
Regional Aircraft Ignition System Market
  • In July 2019, American aviation company- Lycoming
    unveiled an electronic ignition system with an
    aim to replace the traditional magnetos. The new
    electronic ignition system had no moving parts
    and has dimensions similar to the conventional
    magnetos. Global aircraft ignition system marlet
    is fairly consolidated with prominent market
    players like Electroair, Meggitt, Transdigm,
    Woodward, and Sky Dynamics, among various others.

7
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