Unmanned Aerial Vehicles Ignition System Market – 2027
The aircraft ignition system is used is for creating & supplying of electrical spark, which ignites the mixture of air & fuel in the aircraft engine’s cylinder. Ignition systems are of two types: magneto-ignition systems and electronic full authority digital engine control (FADEC) systems. Modern aircrafts use dual ignition systems. Dual ignition system has increased safety. For instance, the aircraft system can be operated on other system in case of failing of one magneto system, until the aircraft lands safely. Additionally, the use of dual ignition system has also improved combustion of air & fuel mixture which has resulted in increased efficiency of the aircraft’s engine. Although few old antique aircrafts are still using a battery-ignition system. In such systems, the source of energy is battery or generator rather than a magneto.
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COVID-19 Scenario analysis:
- Due to COVID-19 situation, the research & development (R&D) in aircraft’s ignition systems has been hampered because of the declared lockdowns and government restrictions on public gatherings.
- Revenues of airline companies are expected to decline by 55% in 2020 compared to 2019 because of travel restrictions due to COVID-19 crisis. Such decline in airline companies’ revenue will have direct impact on aircraft ignition system market.
- The airline companies can halt their plans of upgrading ignition system on their aircrafts, which may adversely affect the growth of aircraft ignition system market.
- Slowing down of economies of major defense buyer countries due to COVID-19 will impact their defense budget which will directly affect aircraft ignition system market.
- Demand of aircraft ignition systems may rise in near future as the world starts moving towards normalcy, and the travel restrictions are expected to loosen up.
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Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Technological advancements in unmanned aerial vehicles ignition system and increase in a number of unmanned aerial vehicles deliveries are key factors driving the growth of the aircraft ignition system market. However, decreasing adoption of magneto ignition system act as a major restraint for the for the growth of unmanned aerial vehicles ignition system market. On the contrary, technological enhancements such as the development of miniaturized ignition systems are opportunistic for the growth of unmanned aerial vehicles ignition system market.
Increase in the number of unmanned aerial vehicles deliveries
Countries such as USA, Israel, and China are widely using unmanned aerial vehicles (UAVs) for military activities. For instance, the U.S. used MQ-9 Reaper drone to kill Iranian general Qassem on January 2020. Israel is reportedly conducting several operations using military drones. Further, India has ordered more than 50 combat drones from Israel and there are ongoing discussions with the U.S. for procurement of long-range drones. Moreover, unmanned aerial vehicles are being also used for ocean surveillance and hence the demand of unmanned aerial vehicles has been increased. Therefore, such increase in demand of unmanned aerial vehicles is also creating high demand for unmanned aerial vehicles ignition systems. Hence, increase in the number of unmanned aerial vehicles deliveries is driving the growth of the UAVs ignition system market.
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Key benefits of the report:
- This study presents the analytical depiction of the unmanned aerial vehicles ignition system industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global unmanned aerial vehicles ignition system market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global unmanned aerial vehicles ignition system market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global unmanned aerial vehicles ignition system market analysis based on competitive intensity and how the competition will take shape in coming years.
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