Global Aircraft Switches Market Research Report: Forecast (2022-2027)

Market Definition

Aircraft switches are the systems designed principally to deliver commands, monitor, & control aircraft systems. These switches can be used in the engine, hydraulics, and other systems with capabilities to turn on & off the components for flight controls.

In other words, aircraft switches are a part of an aircraft's electrical system, which transmits & receives commands and changes the state of connected devices. These switches are used for the initiation & control of the aircraft's circuits and are necessary for its safe operations.

Market Insights

The Global Aircraft Switches Market is projected to grow at a CAGR of around 3.3% during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the rapidly increasing production of aircraft, especially in the commercial sector, and constant developments in the switches, i.e., projecting a growing inclination toward the procurement of more interactive systems in the In-Flight Entertainment & Connectivity (IFEC). 

Besides, the mounting focus of aircraft manufacturers on developing lightweight, high-efficient, & easy to use aircraft & their components are also anticipated to play a crucial role in propelling the demand for aircraft switches and driving the market during the forecast period. 

Moreover, escalating inclination toward in-flight entertainment & hospitality is another aspect stimulating the requirement for aircraft switches & augmenting the overall market growth. For instance: 

• In April 2020, leading aircraft manufacturer Airbus revised its commercial aircraft production rates to 40 per month for the A320, 2 per month for A330, and 6 per month for A350 in response to the advent of Covid-19. With the surge in aircraft production, the requirement for aircraft switches is expected to increase and, in turn, boost the global aircraft switches market in the coming years.

Impact of Covid-19 on the Global Aircraft Switches Market

The Covid-19 pandemic in 2020 had a decelerating effect on the Global Aircraft Switches Market and displayed some challenging turn of events. While the pandemic brought a crimp on the entire aviation industry, it also resulted in a massive transportation crisis, reducing over 1 billion passengers for the entire year. It, in turn, displayed a massive decline in air passengers & traffic globally.

With the imposition of stringent movement restrictions, lockdowns, & travel bans by governments of different countries worldwide to curb the spread of this dreadful disease, the manufacturing & transportation of aircraft components like switches were severely affected. It, in turn, resulted in delays in deliveries, cancellation of projects, reduced demand for switches, and shutdown of their production units globally.

However, with the gradual declining number of Covid-19 cases, governments uplifted the restrictions & allowed the recommencement of business operations within safety precautions. It, in turn, allowed the manufacturers to resume their production & distribution while meeting the burgeoning demand for switches across the aviation industry and recover from the financial loss.

Market Segmentation

Based on Type:

• Manual (Push, Toggle, Rocker, Selector)
• Automatic (Limit, Pressure, Temperature, Flow, Network, Relay)

Of both, Automatic Switches are anticipated to capture a significant share of the Global Aircraft Switches Market during the forecast period. It attributes primarily to the escalating adoption of aircraft switches for electronic & network automation, coupled with rapid advancements in sensor technology, which has led to the increasing usage of touchscreen panels in aircraft.

Besides, since aircraft switches undergo significant pressure & temperature in modern aircraft, it allows the flight crew to operate the aircraft efficiently and ensure safety. Moreover, aircraft switches are used in aircraft lubrication, fuel, water, & propulsion systems, thereby witnessing a constant requirement by airlines for timely maintenance & replacement. It, in turn, is another aspect stimulating the growth of the Global Aircraft Switches Market through 2027.

Furthermore, since engines rely entirely on switches to function at the ideal pressure & temperature, the adoption of automatic switches is rising swiftly, which, in turn, would lead the market to attain substantial growth in the coming years.

Based on Application:

• Cockpit
• Cabin
• Engine &Auxiliary Power Unit (APU)
• Aircraft Systems
• Avionics

Here, the Cockpit application of aircraft switches is anticipated to dominate the Global Aircraft Switches Market with the largest share during the forecast period. It is because a cockpit has the maximum switches, and aircraft comprises complex machines with numerous systems that require input & control from pilots to operate correctly and at the right time. Moreover, the mounting adoption of fly-by-wire systems in aircraft is also projected to propel the demand for aircraft switches for cockpits in the coming years.

Moreover, the soaring influence of digital electronics on the flight deck is driving manufacturers to offer aircraft switches that contend with new touchscreen panels. Touch technology is changing the definition of cockpit switches. Hence, the leading market companies are actively working on extending their product offerings & introducing more capable components to enhance their offerings, thereby driving the market.

Regional Landscape

Geographically, the Global Aircraft Switches Market expands across:

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Amongst all regions globally, North America is projected to dominate the Aircraft Switches Market with the largest share during the forecast period. The market is driven principally by the abundant availability of manufacturers of aircraft & their switches in North America. Besides, burgeoning investments in R&D & procurement of advanced helicopters, fighter jets, and trainer aircraft in North America are other crucial aspects projected to boost the regional market in the coming years.

The demand for commercial aircraft is rapidly increasing across the region, i.e., presenting a lucrative opportunity for aircraft manufacturers to expand their product portfolio and, in turn, propelling the regional market growth. The US dominates the North America Aircraft Switches Market, mainly due to big aerospace manufacturers like GE Aviation and the Boeing Company headquartered in the country.

Market Dynamics:

Key Driver: Rising Demand for Advance IFEC Systems

Aircraft are becoming more sophisticated to enhance the overall consumer experience. The surge in technological advancements for wireless devices & electronic equipment necessitates market players to offer passengers the latest on-board solutions & services. Further, snowballing passenger demand for uninterrupted media streaming & internet connectivity, coupled with the willingness of customers to pay extra for these services, are expected to boost the demand for different switches to cater to the unique requirements of passengers. For instance:

• Middle East Airlines-Air Liban S.A.L. (MEA) has selected Panasonic Avionics (Panasonic) to offer IFEC solutions for 15 Airbus A321 family aircraft. MEA’s A321neos will also be equipped with Panasonic’s in-flight Wi-Fi service. Hence, these high-performance connectivity services will help airlines build brand loyalty by providing personalized content to their passengers, which, in turn, would fuel the overall market growth.

Possible Restraint: Surging Adoption of Touchscreen Technology to Replace Manual Switches

With the increased manufacturing of new aircraft control designs, the use of touch screen technology is surging in the flight deck of various aircraft. As aircraft operations are getting complex, there's a mounting need for multiple touch screen displays on the main instrument panel, which, gradually, is eliminating the use of manual switches. Moreover, rapid technological advancements are infusing the demand for compact systems in aircraft, which is another crucial aspect expected to hamper the manufacturing & sales of conventional aircraft switches in the years to come.

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