Wednesday, 25 April 2018

Rotorcraft Flight Control System Market - Trends, Drivers, and Challenges

Technavio recognizes the following companies as the key players in the global rotorcraft flight control system market: Liebherr, Moog, Safran, UNITED TECHNOLOGIES, and Woodward.
Commenting on the report, an analyst from Teachnavios team said: One trend in the market is energy-efficient flight control system simulation. There is an increase in the demand for energy-efficient and environment-friendly rotorcraft. Most of the rotary-wing helicopters are equipped with the horizontal tail multi-hypothesis technique (MHT). This intended to reduce the induced stress on the flight control system, which translates into efficient-energy consumption.
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According to the report, one driver in the market is flexibility in rotorcraft flight control system aftermarket services. Globalization has enhanced the visibility of products in the global rotorcraft flight control system market and simultaneously compelled the manufacturers to maintain competitive pricing. Since the manufacturing of rotorcraft utilizes numerous components, there exists stiff competition among the existing players in the market.
Further, the report states that one challenge in the market is high cost associated with the introduction of new technologies. Rotorcraft manufacturers are facing tremendous problems in adapting to the new technologies as they substitute the old ones. The additional costs associated with the hectic certification processes and the requirements for expertise to carry out processes make it more challenging. Apart from this, to make the systems more advanced, high finances are needed from the government as well as the operator.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors
The market is expected to grow at a CAGR of 3.47%
About Rotorcraft Flight Control System
A flight control system is an integral part of the helicopter or rotorcraft operating mechanism. It is used for operating, controlling, and maintaining the aerodynamic flight of the platform.
Technavios analysts forecast the global rotorcraft flight control system market to grow at a CAGR of 3.76% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global rotorcraft flight control system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
·         Americas
·         APAC
·         EMEA
Technavio's report, Global Rotorcraft Flight Control System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
·         Liebherr
·         Moog
·         Safran
·         Woodward
Market driver
·         Flexibility in rotorcraft flight control system aftermarket services
·         For a full, detailed list, view our report
Market challenge
·         High cost associated with the introduction of new technologies
·         For a full, detailed list, view our report
Market trend
·         Energy-efficient flight control system simulation
·         For a full, detailed list, view our report
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