The aircraft fly-by-wire system market is set to grow by USD 2.64 billion, progressing at a CAGR of over 8% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The aircraft fly-by-wire system market is driven by the growing development of multirole fighter aircraft. In addition, the increasing demand for new generation commercial aircraft that feature advanced cockpit controls is anticipated to boost the growth of the Aircraft Fly-by-wire System Market.
Multirole aircraft find applications in air-to-air combat and air-to-ground attacks. Some examples of multirole designs are F-15E Strike Eagle, F/A-18 Hornet, F-35 Lightning II, F-16 Fighting Falcon, Eurofighter Typhoon, JAS 39 Gripen, MiG-29, MiG-35, Su-35, Su-30, Lockheed Martin F-35 Joint Strike Fighter. The power-by-wire system of F-35 represents a key advancement in the more electric aircraft topology. It integrates self-contained electro-hydrostatic actuators (EHAs) to position primary flight surfaces. An increase in the number of contracts of multirole fighters increases the demand for integration components such as FBW. Therefore, the rise in the production of such multirole aircraft is exponentially driving the demand for FBW-based FCSs, especially in military aviation.