According to the recent study the aircraft ignition system market is projected to reach an estimated $664.5 million by 2028 from $498 million in 2023, at a CAGR of 5.9% from 2023 to 2028. Growth in this market is primarily driven by growing number of aircraft based deliveries, continuous technological advancement in aircraft systems, and increasing penetration of these systems in UAVs.

A more than 150 – page report is developed to understand trends, opportunities and forecast in aircraft ignition system market by system type (electronic ignition system and magneto ignition system), component type (igniters, ignition leads, exciters, spark plugs, and others), engine type (turboprop engine, turbofan engine, turbojet (APU) engine, and piston engine), end use industry (aftermarket and original equipment manufacturer (OEM)), and region (North America, Europe, Asia Pacific, and the Rest of the World).

“Electronic ignition systems market is expected to remain the largest segment during the forecast period.”

Based on system type, the aircraft ignition system market is segmented into electronic ignition system and magneto ignition system. Lucintel forecasts that the electronic ignition systems market is expected to remain the largest segment due to the increasing use of electronic ignition systems owing to their improved reliability and longevity compared to traditional ignition systems used in aircraft.

“Within the aircraft ignition system market, the aftermartket segment is expected to remain the largest end use industry”

Based on end use industry the aftermartket segment is expected to witness the highest growth over the forecast period due to the growing requirement for installed component maintenance and replacement of parts in a timely manner.

“North America will dominate the aircraft ignition system market in near future”

North America will remain the largest region due to the growing aircraft production and increasing demand for aviation engines and engine components, such as ignition systems, cylinders, vacuum pumps, carburettors, and alternators in the region.

Major players of aircraft ignition system market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SureFly Partners, Woodward, Meggitt, Unison, Transdigm Group, and Kelly Aerospace are among the major aircraft ignition system providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com