June 30, 2020
According to the research report titled ‘Global Flight Control Computer Market Size study with COVID-19 Impact, by Type (Original Equipment Manufacturer (OEM) and Aftermarket), by Application (Civil Aviation and Military Aircraft) and Regional Forecasts 2020-2026’, available with Market Study Report LLC, the global flight control computer market is projected to see considerable growth through 2026.
The growing aircraft manufacturing sector and necessity of flight control computers in military aircraft and civil aviation are the key factors driving the growth of global flight control computer market. Further, innovations in product development and other planned alliances among market players will present lucrative growth prospects for the industry, cites the report.
For the uninitiated, flight control computer is the key component of advanced aircrafts which includes both unmanned and manned features. The primary flight control surfaces are actuated by the flight control computer to drive the aircraft flight path. These computers are designed as per strict safety standards for hardware and software like DO-178C and DO-254, and are utilized in either triple or dual redundant configuration.
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According to the research report, in 2018, BAE Systems plc, one of the major industry players, agreed to upgrade the next-gen F-16aircrafts with its flight control computers for the United Arab Emirates. The digital flight control computer will aid in registering inputs from pilots’ rudder pedals and control stick while monitoring flight conditions through integrated sensors. Such undertakings by industry leaders and growing demand for lightweight flight control systems will positively influence the market expansion through 2026.
Given the COVID-19 pandemic, the national borders of various countries remain closed due to travel bans in order to stop the virus from spreading further, which in turn impedes the demand for airline tickets, thereby negatively impacting the industry growth.
Based on the type, the market is bifurcated into aftermarket and original equipment manufacturer (OEM). Speaking of the application spectrum, flight control computer market is categorized into military aircraft and civil aviation.
According to the geographical landscape, global flight control computer market is fragmented into Latin America, Europe, North America, Asia Pacific, and Rest of the World, among which, Asia Pacific market is slated to record a high CAGR over the forecast timeframe.
Leading organizations in global flight control computer market are ASELSAN A.S., Saab AB, The Curtiss-Wright Corporation, Safran S.A., Honeywell International Inc., Moog Inc., Rockwell Collins, Thales Group, and BAE Systems plc among others.