The aircraft flight control system market was valued at USD 11.10 billion in 2017 and is projected to reach USD 13.67 billion by 2023, at a CAGR of 3.52% during the forecast period. The base year considered for the study is 2017 and the forecast period is 2018 to 2023.
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Based on type, the aircraft flight control system market has been segmented into commercial fixed wing flight control system, military fixed wing flight control system, rotary wing flight control system and military UAV flight control system. The military UAV flight control system segment is projected to grow at a higher CAGR as compared to the commercial fixed wing flight control system from 2018 to 2023. Increasing demand for military UAV’s used in surveillance and reconnaissance from the North American and European regions is fueling the growth of this segment of the market
Based on enduser, the market has been segmented into linefit and retrofit. The linefit segment is projected to grow at the highest CAGR during the forecast period. Increasing air passenger volume year on year is fueling the growth of this segment of the market.
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The geographical analysis of the aircraft flight control system market includes regions such as North America, Europe, Asia Pacific, and Rest of the World (RoW). The North America region accounted for the largest share of the aircraft flight control system market in 2017. However, the Asia Pacific aircraft flight control system market is projected to grow at the highest CAGR during the forecast period due to the increase in passenger traffic and military aircraft in countries such as India, China, and Russia.
