Lucintel's latest market report analyzed that aircraft ignition system provides attractive opportunities in the aftermartket and OEM markets. The aircraft ignition system market is expected to reach $664.5million by 2028 with a CAGR of 5.9%. In this market, electronic ignition systems is the largest segment by system type, whereas aftermartket is largest by end use industry.
Based on system type, the aircraft ignition system market is segmented into electronic ignition system and magneto ignition system. The electronic ignition systems segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing use of electronic ignition systems owing to their improved reliability and longevity compared to traditional ignition systems used in aircraft.
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The Aircraft Ignition System Market is marked by the presence of several big and small players. Some of the prominent players offering aircraft ignition system include SureFly Partners, Woodward, Meggitt, Unison, Transdigm Group, and Kelly Aerospace.
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 click on this link helpdesk@lucintel.com.
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