Remote Electronic Unit Market by Application (Flight Control Surface, Landing Gear, Fuel System, Ice Protection System), End Use (Original Equipment Manufacturers, Aftermarket), Platform (Aircraft, Spacecraft), and Region - Global Forecast to 2022
The remote electronic unit market is estimated to grow from USD 2.78 Billion in 2017 to USD 5.10 Billion by 2022, at a CAGR of 12.88% from 2017 to 2022. The objectives of this study are to analyze the remote electronic unit market, along with its statistics from 2017 to 2022. The study also aims to define, describe, and forecast the report on the basis of the application, platform, end use, and region. The year 2016 has been considered to be the base year for this study, whereas 2017 to 2022 has been considered as the forecast period.
The research methodology that has been used to estimate and forecast the remote electronic unit market begins with capturing data on the revenues of the key remote electronic unit equipment through secondary sources such as Federal Aviation Administration (FAA), Stockholm International Peace Research Institute (SIPRI), and paid databases. Remote electronic unit offerings of different companies are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the remote electronic unit market from the revenue of key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives of the leading companies operating in the remote electronic unit market. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of profiles of primaries has been depicted in the figure below:
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The remote electronic unit ecosystem comprises airline component providers, such as Parker Hannifin (US), BAE Systems (UK), Liebherr (Switzerland), Rockwell Collins (US), and Curtiss-Wright (US), and the manufacturers of different types of remote electronic unit, such as Becker Avionics (US), Thales (France), Flight Data Systems (US), Esterline Technologies (US), and Texas Instruments (US).
Target Audience for this Report:
- Aircraft Manufacturers (OEMs)
- Aircraft Component Manufacturers
- Systems Manufacturers and Integrators
- Research Centers
“This study on the remote electronic unit market answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing their efforts and investments.”
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This research report categorizes the remote electronic unit market into the following segments:
- Remote Electronic Unit Market, by Application
- Flight Control Surface
- Landing Gear
- Fuel System
- Ice Protection System
- Others
- Remote Electronic Unit, by End Use
- Original Equipment Manufacturer (OEM)
- Aftermarket
- Remote Electronic Unit, by Platform
- Aircraft
- Fixed Wing
- Rotary Wing
- Spacecraft
- Telecommunication
- Remote Sensing
- Scientific Research
- Surveillance
- Navigation
- Aircraft
- Remote Electronic Unit, by Region
- North America
- Europe
- Asia Pacific
- Rest of the World
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per specific needs of the companies. The following customization options are available for the report :
- Regional Analysis
- Further breakdown of the rest of the world market
- Company Information
- Detailed analysis and profiling of the additional market players (up to five)
A remote electronic unit acts as an interface between various systems and components aboard modern aircraft and spacecraft. Subsystems of a remote electronic unit used onboard an aircraft include a data concentrator unit, a remote interface unit, and a remote terminal unit. A remote electronic unit is a highly advanced and reliable device that performs functions to control different subsystems and actuation.
The remote electronic unit is projected to grow from USD 2.78 Billion in 2017 to USD 5.10 Billion by 2022, at a CAGR of 12.88% from 2017 to 2022. One of the major factors expected to drive the demand for remote electronic units is the increase in the number of satellite constellations. A remote electronic unit controls power subsystems, such as thermal control, satellite attitude, and orbit control subsystems in a spacecraft. The market has been segmented based on the application, end use, platform, and region.
Based on the application, the remote electronic unit market has been segmented into flight control surface, landing gear, fuel system, ice protection system, and others. Remote electronic units can be used on fly-by-wire or power-by-wire aircraft flight controls onboard business jets, commercial transports, military fixed wing aircraft, and military & commercial helicopters. The flight control surface segment is expected to witness the highest growth during the forecast period. The growth of the segment can be attributed to the increasing use of advanced fly-by-wire systems in primary and secondary flight control systems of aircraft, which enable pilots to adjust and control the flight attitude of aircraft.
Based on the end use, the remote electronic unit market has been segmented into Original Equipment Manufacturer (OEM) and aftermarket. The original equipment manufacturer segment is estimated to lead the market in 2017. Original Equipment Manufacturers (OEMs) are responsible for the installation of REU components, as line fitting these components is less time consuming as compared to the installation time post the delivery of an aircraft.
Based on the platform, the remote electronic unit market has been segmented into aircraft and spacecraft. The spacecraft segment of the market is projected to witness a higher growth than the aircraft segment during the forecast period. The growth of the spacecraft segment can be attributed to the increasing number of satellite constellations in the recent years. The number of remote electronic units to be used in a spacecraft majorly depends on the dimension of a spacecraft and the number and type of functions that a remote electronic unit is required to perform.
The remote electronic unit market has been studied for North America, Europe, Asia Pacific, and Rest of the World (RoW). The North American region is estimated to lead the market in 2017, due to the presence of several leading manufacturers, including Parker Hannifin, Rockwell Collins, and Curtiss-Wright.
The huge costs incurred in the development advanced remote electronic units is one of the major factors restraining the growth of the remote electronic unit market across the globe. Significant investments are required at various stages of the value chain of the remote electronic unit industry.
Products offered by various companies operating in the remote electronic unit market have been listed in the report. The recent developments section of the report provides information on the strategies adopted by various companies to strengthen their positions in the market between March 2012 and August 2017. Key players in the remote electronic unit market include Parker Hannifin (US), BAE Systems (UK), Liebherr (Switzerland), Curtiss-Wright (US). These companies have excellent geographic reach and distribution channels.
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Study Limitations
1.6 Market Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 26)
4 Premium Insights (Page No. - 30)
4.1 Attractive Opportunities in the Remote Electronic Unit Market
4.2 Market, By Aircraft Application
4.3 Market, By Platform
4.4 Market, By Countries
5 Market Overview (Page No. - 33)
5.1 Introduction
5.2 Market Segmentation
5.2.1 Remote Electronic Unit Segmentation: By Platform
5.2.2 Market Segmentation: By Aircraft Application
5.2.3 Market Segmentation: By End Use
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Advancements in Fly-By-Wire & Electric Actuation Systems Technology
5.3.1.2 Development of Miniaturized Remote Electronic Units in the Aerospace Industry
5.3.1.3 Rise in the Number of Satellite Constellations
5.3.2 Opportunities
5.3.2.1 Upgradation Or Modernization of Existing Aircraft Fleet
5.3.3 Challenges
5.3.3.1 Stringent Regulations Pertaining to the Quality of Aircraft Equipment and Systems
5.3.3.2 Need for High Capital Investment in R&D and Product Approvals
5.3.3.3 Harsh Operating Environments Posing Risks for Avionic Systems
5.4 Key Macro Trends
5.4.1 Key Trends in the Space Industry
5.4.2 Key Trends in the Aviation Industry
5.5 Emerging Trends in the Market
5.5.1 Digital Sensor Bus
5.5.2 Rugged Packaging
5.5.3 Space Plug-And-Play Avionics (SPA)
6 Remote Electronic Unit, By Aircraft Application (Page No. - 42)
6.1 Introduction
6.2 Flight Control Surface
6.3 Landing Gear
6.4 Fuel System
6.5 Ice Protection System
6.5.1 De-Icing System
6.5.2 Anti-Icing System
6.6 Others
7 Remote Electronic Unit, By Platform (Page No. - 47)
7.1 Introduction
7.2 Spacecraft
7.2.1 Telecommunication
7.2.2 Remote Sensing
7.2.3 Surveillance
7.2.4 Navigation
7.3 Aircraft
7.3.1 Aircraft Segment, By Type
7.3.1.1 Fixed Wing Subsegment, By Application Area
7.3.1.2 Rotary Wing Subsegment, By Application Area
8 Remote Electronic Unit Market, By End Use (Page No. - 52)
8.1 Introduction
8.2 Original Equipment Manufacturer (OEM)
8.3 Aftermarket
9 Regional Analysis (Page No. - 55)
9.1 Introduction
9.2 North America
9.2.1 By Platform
9.2.1.1 Spacecraft Segment, By Type
9.2.1.2 Aircraft Segment, By Type
9.2.1.2.1 Fixed Wing Segment, By Application Area
9.2.1.2.2 Rotary Wing Segment, By Application Area
9.2.2 By Aircraft Application
9.2.3 By End Use
9.2.4 By Country
9.2.4.1 US
9.2.4.1.1 By Platform
9.2.4.1.2 By End Use
9.2.4.2 Canada
9.2.4.2.1 By Platform
9.2.4.2.2 By End Use
9.3 Europe
9.3.1 By Platform
9.3.1.1 Spacecraft Segment, By Type
9.3.1.2 Aircraft Segment, By Type
9.3.1.2.1 Fixed Wing Segment, By Application Area
9.3.1.2.2 Rotary Wing Segment, By Application Area
9.3.2 By Aircraft Application
9.3.3 By End Use
9.3.4 By Country
9.3.4.1 France
9.3.4.1.1 By Platform
9.3.4.1.2 By End Use
9.3.4.2 Germany
9.3.4.2.1 By Platform
9.3.4.2.2 By End Use
9.3.4.3 UK
9.3.4.3.1 By Platform
9.3.4.3.2 By End Use
9.3.4.4 Italy
9.3.4.4.1 By Platform
9.3.4.4.2 By End Use
9.3.4.5 Rest of Europe
9.3.4.5.1 By Platform
9.3.4.5.2 By End Use
9.4 Asia Pacific
9.4.1 By Platform
9.4.1.1 Spacecraft Segment, By Type
9.4.1.2 Aircraft Segment, By Type
9.4.1.2.1 Fixed Wing Segment, By Application Area
9.4.1.2.2 Rotary Wing Segment, By Application Area
9.4.2 By Aircraft Application
9.4.3 By End Use
9.4.4 By Country
9.4.4.1 Russia
9.4.4.1.1 By Platform
9.4.4.1.2 By End Use
9.4.4.2 China
9.4.4.2.1 By Platform
9.4.4.2.2 By End Use
9.4.4.3 Japan
9.4.4.3.1 By Platform
9.4.4.3.2 By End Use
9.4.4.4 India
9.4.4.4.1 By Platform
9.4.4.4.2 By End Use
9.4.4.5 Rest of APAC
9.4.4.5.1 By Platform
9.4.4.5.2 By End Use
9.5 Rest of the World
9.5.1 By Platform
9.5.1.1 Spacecraft Segment, By Type
9.5.1.2 Aircraft Segment, By Type
9.5.1.2.1 Fixed Wing Segment, By Application Area
9.5.1.2.2 Rotary Wing Segment, By Application Area
9.5.2 By Aircraft Application
9.5.3 By End Use
10 Competitive Landscape (Page No. - 88)
10.1 Market Ranking Analysis, 2016
11 Company Profile (Page No. - 90)
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, MnM View)*
11.1 Bae Systems
11.2 Thales
11.3 Liebherr
11.4 Parker Hannifin
11.5 Rockwell Collins
11.6 Curtiss-Wright
11.7 Becker Avionics
11.8 Moog
11.9 Siemens
11.10 AAC Microtec
11.11 Crisa (Airbus Defence & Space)
11.12 Terma
*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 116)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables (69 Tables)
Table 1 Remote Electronic Unit Market, By Aircraft Application, 2015-2022 (USD Million)
Table 2 Flight Control Surface: Market, By Region, 2015-2022 (USD Million)
Table 3 Landing Gear: Market, By Region, 2015-2022 (USD Million)
Table 4 Fuel System: Market, By Region, 2015-2022 (USD Million)
Table 5 Ice Protection System: Market, By Region, 2015-2022 (USD Million)
Table 6 Market, By Platform, 2015-2022 (USD Million)
Table 7 Spacecraft Segment, By Type, 2015-2022 (USD Million)
Table 8 Aircraft Segment, By Type, 2015-2022 (USD Million)
Table 9 Fixed Wing Subsegment, By Application Area, 2015-2022 (USD Million)
Table 10 Rotary Wing Subsegment, By Application Area, 2015-2022 (USD Million)
Table 11 Market, By End Use, 2015-2022 (USD Million)
Table 12 OEM Segment, By Region, 2015-2022 (USD Million)
Table 13 Aftermarket Segment, By Region, 2015-2022 (USD Million)
Table 14 Market, By Region, 2015-2022 (USD Million)
Table 15 North America Market, By Platform, 2015-2022 (USD Million)
Table 16 North America Spacecraft Segment, By Type, 2015-2022 (USD Million)
Table 17 North America Aircraft Segment, By Type, 2015-2022 (USD Million)
Table 18 North America Fixed Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 19 North America Rotary Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 20 North America, By Aircraft Application 2015-2022 (USD Million)
Table 21 North America, By End Use, 2015-2022 (USD Million)
Table 22 North America, By Country, 2015-2022 (USD Million)
Table 23 US, By Platform, 2015-2022 (USD Million)
Table 24 US, By End Use, 2015-2022 (USD Million)
Table 25 Canada, By Platform, 2015-2022 (USD Million)
Table 26 Canada Market, By End Use, 2015-2022 (USD Million)
Table 27 Europe Market, By Platform, 2015-2022 (USD Million)
Table 28 Europe Spacecraft Segment, By Type, 2015-2022 (USD Million)
Table 29 Europe Aircraft Segment, By Aircraft Type, 2015-2022 (USD Million)
Table 30 Europe Fixed Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 31 Europe Rotary Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 32 Europe Remote Electronic Unit, By Aircraft Application 2015-2022 (USD Million)
Table 33 Europe, By End Use, 2015-2022 (USD Million)
Table 34 Europe, By Country, 2015-2022 (USD Million)
Table 35 France Market, By Platform, 2015-2022 (USD Million)
Table 36 France, By End Use, 2015-2022 (USD Million)
Table 37 Germany Market, By Platform, 2015-2022 (USD Million)
Table 38 Germany, By End Use, 2015-2022 (USD Million)
Table 39 UK Market, By Platform, 2015-2022 (USD Million)
Table 40 UK, By End Use, 2015-2022 (USD Million)
Table 41 Italy Market, By Platform, 2015-2022 (USD Million)
Table 42 Italy, By End Use, 2015-2022 (USD Million)
Table 43 Rest of Europe Market, By Platform, 2015-2022 (USD Million)
Table 44 Rest of Europe, By End Use, 2015-2022 (USD Million)
Table 45 Asia Pacific Market, By Platform, 2015-2022 (USD Million)
Table 46 Asia Pacific Spacecraft Segment, By Type, 2015-2022 (USD Million)
Table 47 Asia Pacific Aircraft Segment, By Type, 2015-2022 (USD Million)
Table 48 Asia Pacific Fixed Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 49 Asia Pacific Rotary Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 50 Asia Pacific Market, By Aircraft Application 2015-2022 (USD Million)
Table 51 Asia Pacific, By End Use, 2015-2022 (USD Million)
Table 52 Asia Pacific, By Country, 2014-2022 (USD Million)
Table 53 Russia Market, By Platform, 2015-2022 (USD Million)
Table 54 Russia, By End Use, 2015-2022 (USD Million)
Table 55 China Market, By Platform, 2015-2022 (USD Million)
Table 56 China, By End Use, 2015-2022 (USD Million)
Table 57 Japan Market, By Platform, 2015-2022 (USD Million)
Table 58 Japan, By End Use, 2015-2022 (USD Million)
Table 59 India Market, By Platform, 2015-2022 (USD Million)
Table 60 India, By End Use, 2015-2022 (USD Million)
Table 61 Rest of APAC Remote Electronic Unit, By Platform, 2015-2022 (USD Million)
Table 62 Rest of APAC, By End Use, 2015-2022 (USD Million)
Table 63 Rest of the World Remote Electronic Unit, By Platform, 2015-2022 (USD Million)
Table 64 Rest of the World Spacecraft Segment, By Type, 2015-2022 (USD Million)
Table 65 Rest of the World Aircraft Segment, By Type, 2015-2022 (USD Million)
Table 66 Rest of the World Fixed Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 67 Rest of the World Rotary Wing Segment, By Application Area, 2015-2022 (USD Million)
Table 68 Rest of the World Remote Electronic Unit, By Aircraft Application 2015-2022 (USD Million)
Table 69 Rest of the World, By End Use, 2015-2022 (USD Million)
List of Figures (36 Figures)
Figure 1 Research Process Flow
Figure 2 Remote Electronic Unit: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Based on Aircraft Application, the Flight Control Surface Segment is Projected to Lead the Remote Electronic During the Forecast Period
Figure 9 Based on End Use, the Original Equipment Manufacturer Segment Accounted for the Largest Share of the Remote Electronic Unit in 2017
Figure 10 Based on Platform, the Aircraft Segment is Projected to Dominate the Market During the Forecast Period
Figure 11 Asia Pacific is Projected to Be the Fastest Growing Market for Remote Electronic Unit During the Forecast Period
Figure 12 Contracts Was the Major Strategy Undertaken By Key Players in the Remote Electronic Unit From March 2012 to July 2017
Figure 13 Emerging Economies in Asia Pacific to Drive the Market
Figure 14 The Flight Control Surface Segment is Projected to Dominate the Remote Electronic Unit During the Forecast Period
Figure 15 The Aircraft Segment is Expected to Dominate the Remote Electronic Unit During the Forecast Period
Figure 16 Countries in Asia Pacific Region to Grow at the Highest Growth Rate During the Forecast Period
Figure 17 Remote Electronic Unit Segmentation
Figure 18 Remote Electronic Unit Dynamics
Figure 19 The Demand for Electric Aircraft is Projected to Grow During the Forecast Period
Figure 20 The Flight Control Surface Segment is Projected to Lead the Remote Electronic Market During the Forecast Period
Figure 21 The Aircraft Segment is Projected to Lead the Remote Electronic Unit During the Forecast Period
Figure 22 The OEM Segment Projected to Lead the Remote Electronic Unit During the Forecast Period
Figure 23 Asia Pacific is Projected to Account for the Highest Growth Rate of the Market During the Forecast Period
Figure 24 North America Remote Electronic Unit Snapshot
Figure 25 Europe Remote Electronic Unit Snapshot
Figure 26 Asia Pacific Remote Electronic Unit Snapshot
Figure 27 Market Ranking Analysis of Key Player
Figure 28 Bae Systems: Company Snapshot
Figure 29 Thales: Company Snapshot
Figure 30 Liebherr: Company Snapshot
Figure 31 Parker Hannifin: Company Snapshot
Figure 32 Rockwell Collins: Company Snapshot
Figure 33 Curtiss-Wright : Company Snapshot
Figure 34 Moog: Company Snapshot
Figure 35 Siemens: Company Snapshot
Figure 36 Terma: Company Snapshot
Growth opportunities and latent adjacency in Remote Electronic Unit Market