Defense Remote Electronic Unit Market Size, Share & Industry Analysis, By Platform (Aircraft, Spacecraft), By Application (Flight Control Surface, Landing Gear, Fuel System, Ice Protection System), By End Use (Original Equipment Manufacturers, Aftermarket) And Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
Defense remote electronic unit is a combination of advanced electronic controllers. These controllers are offering adaptable and scalable defense solutions. Remote electronics unit are used in the fly-by-wire systems with single channel and dual channel functionality to provide a precise closed-loop actuation control. The remote electronic unit is majorly used in military transport aircraft, military helicopters, and fixed-wing military aircraft.
The factors are expected to drive the market are the rise in the number of satellite constellations from emerging economy such as China and India. Moreover, the surge in the adoption of remote electronic units in the aerospace industry is anticipated to boost the market. The modernization of the existing commercial aircraft fleet is an upcoming opportunity for the market. However, high cost is associated with research & development (R&D), and product approvals are hampering the market growth.
Key Market Driver -
• Development of Technologically Advanced Remote Electronic Units in the Aerospace Industry • Development in Fly-By-Wire & Electric Actuation Systems Technology
Key Market Restraint -
• Stringent Regulations Pertaining to the Quality of Aircraft Equipment and Systems
Market Segmentation:
By platform, the market is segmented into aircraft and spacecraft. Based on application, the market is segmented into cooled and uncooled. Based on the application, the market is categorized into flight control surface, landing gear, fuel system, and ice protection system. Based on end use, the market is classified as original equipment manufacturers and aftermarket. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players Covered:
Major key players that are present in the defense remote electronic unit market are BAE Systems (The U.K.), Becker Avionics (The U.S.), Curtiss-Wright (The U.S.), Esterline Technologies (The U.S.), Flight Data Systems (The U.S.), Liebherr (Switzerland), Parker Hannifin (The U.S.), Rockwell Collins (The U.S.), and Thales Group (France). and among others.
Key Insights
- Development in Fly-By-Wire & Electric Actuation Systems Technology
- The modernization of the existing commercial aircraft fleet is Refueling the Market Growth
Regional Analysis:
The defense remote electronic unit market is analyzed across four major regions North America, Europe, Asia Pacific, and Rest of the World. At present, North America is expected to steer the defense remote electronic unit market during the forecast period. This growth is owing to the presence of key players, which include Becker Avionics, Curtiss-Wright, Esterline Technologies, Flight Data Systems, and others.
The Asia Pacific is projected to capture a significant market share of the market during the forecast period. This market growth is owing to the increased demand for cost-efficient defense remote electronic unit from the defense force of China and India. The increasing demand for remote electronic unit technology for surveillance, navigation, and remote sensing methodology is propelling the market growth.
Europe also exhibits significant growth in the market. This growth is attributed to key players' presence, which includes BAE Systems,Liebherr, Thales Group, and others. The Rest of the World registers significant growth during the forecast period. This growth is attributed to the growing demand for defense remote electronic unit in South America, and Middle East & Africa to adopt fly-by-wire methodology in fixed-wing aircraft and rotary-wing aircraft.
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Segmentation
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Defense Remote Electronic Unit Market Industry Developments
- In September 2020, BAE Systems was supplying the flight control system for the new Aerion Supersonic AS2 business jet. The BAE Systems was set to design, develop, and integrate a fly-by-wire flight control system, including active inceptors, for the new AS2 aircraft.
- Ongoing
- 2023
- 2019-2022
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