The aerospace control surface market is heading towards a bright future with a plethora of opportunities in regional aircraft, commercial aircraft, military aircraft, and general aviation. Moreover, an ever-increasing usage of dual purpose flight control services is expected to bolster the market further. It’s a known fact that rudder, elevators, and ailerons are the primary control surfaces. Dual purpose, as the name suggests, implies that the functions of elevator and ailerons are performed in unison by elevons. Moreover, the “stabilator” comes across as a control surface combining action of elevator as well as horizontal stabilizer. Plus, a ruddervator does combine action of elevator and rudder.
Also, demand for advanced and superior aircraft control surface products is expected to take the market to greater strides in the upcoming period.
There is also an escalating demand for replacement of age-old aircraft fleets with novel ones. Plus, the rising number if domestic and international passengers coupled with growing air cargo transport are fuelling the demand for aircraft control surfaces market. Though the outbreak of Covid-19 has restricted air travel since Apr 2020 and the scenario is expected to persist till the end of 2020. However, normalcy on the same grounds is expected to get restored with the dawn of 2021.
Aircraft Control Surfaces Market Trends
Commercial aircraft, as of the year 2019, accounted for the largest market share. This could be credited to higher deliveries on the part of commercial aircraft in comparison with military. Airbus and Boeing – the two commercial aviation giants did deliver over 1600 aircraft in the year 2018.
As far as regional analysis is concerned, Asia-Pacific is expected to grow at the fastest pace in the years to come. This could be basically due to increase in indigenous production of aircraft in countries like Japan. Developing models of aircraft like Xian MA700, CRAIG CR929, M100, Space Jet M90, Comac C919 are expected to drive the aircraft components’ procurements such as “control surfaces”.
X’ian Aircraft Company does supply control surfaces for C919, whereas AIDC (Aerospace Industrial Development Corporation) supplies the same control surfaces for Space Jet M90.
The trends mentioned above are bound to catalyze the aircraft control surfaces market between 2020 and 2030.
The global aircraft control surfaces market, region-wise, comprises North America (U.S., Canada), Latin America (Mexico. Brazil), Western Europe (Germany, Italy, France, U.K, Spain), Eastern, Europe (Poland, Russia), Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, and the Middle East and Africa (GCC Countries, S. Africa, Northern Africa).
The major players in the aircraft control surfaces market include Aernnova, Spirit AeroSystems, Sealand Aviation Limited, Triumph Group, Woodward, Inc., Strata Manufacturing PJSC, Boeing Aerostructures, Unitech Aerospace, Patria, GKN Aerospace, Liebherr, Harbiin Hafei, Airbus Composite Centre (China), BAE Systems, and FACC.
“Innovation” is the trend prevalent as of now. The players are emphasizing on tabling aircraft control surface technologies weighting less, increasing fuel savings, and reducing the drag, so as to take profitability to an altogether different level. As such, control surfaces with change in design and materials are expected to hit the market in future.
Boeing has come up with “focused factory initiative”, with the objective to lower the production costs, increase delivery efficiencies, improve quality, so as to help players obtain novel contracts. Along these lines, Magellan Aerospace Corp., in Apr 2019, did sign a multi-year contract for manufacturing Boeing 777X control surface ribs, as a part of this initiative.
In a nutshell, the aircraft control surfaces market, in spite of being stalled by Covid-19 for the time being, is expected to create a major overhaul from the year 2021. Along with the new guidelines regarding air travel, there would be new aircrafts, followed by new control surfaces to explore.
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