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Wednesday, March 29, 2023

The Global Remote Electronic Unit Market is Expected to Grow at a CAGR of 13% by 2026

According to a new market report published by Lucintel, the future of the remote electronic unit market looks promising with opportunities in the flight control surface, landing gear, fuel system, and ice protection system markets. The global remote electronic unit market is expected to grow with a CAGR of 13% from 2021 to 2026. The major drivers for this market are miniaturization of remote electronic units, upgrade or modernization of aircrafts, increase in the number of satellite constellations and growing use of advanced fly-by-wire systems in flight control systems.

To download report brochure, please go to https://www.lucintel.com/remote-electronic-unit-market.aspx and click "download brochure" tab from the menu.

In this market, remote electronic units are used in flight control surface, landing gear, fuel system, and ice protection system of the aircraft and spacecraft’s. Lucintel forecasts that in flight control surface will remain the largest segment due to increasing use of advanced fly-by-wire systems in primary and secondary flight control systems of aircraft.

Within the remote electronic unit market, original equipment manufacturer segment will remain the largest end use industry during the forecast period due to line fitting of remote electronic unit require less time as compared to the installation time post the delivery of an aircraft.

North America will remain the largest region during the forecast period due to rising air travel and presence of several leading manufacturers.

Rockwell Collins, Siemens, Thales Group, Parker Hannifin, BAE Systems, The Liebherr Group, The Curtiss-Wright Corporation, MOOG, Becker Avionics, and AAC Microtec are among the major remote electronic unit manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global remote electronic unit market by platform, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Remote Electronic Unit Market 2021-2026: Market Size, Trends and Growth Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global remote electronic unit market by platform, application, end use industry, and region as follows:

By Platform [$M shipment analysis for 2015–2026]:

Aircraft

Fixed Wing

Rotary Wing

Spacecraft

Telecommunication

Remote Sensing

Scientific Research

Surveillance

Navigation

 

By Application [$M shipment analysis for 2015–2026]:

Flight Control Surface

Landing Gear

Fuel System

Ice Protection System

Others

 

By End Use Industry [$M shipment analysis for 2015–2026]:

Original Equipment Manufacturer (OEM)

Aftermarket

 

By Region [$M shipment analysis for 2015–2026]:

North America

United States

Canada

Mexico

 

Europe

Germany

United Kingdom

France

Italy

 

Asia Pacific

China

Japan

India

South Korea

 

The Rest of the World

 

This more than 150 page 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 visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due Diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.

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