Aircraft Yoke Market Size
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The aircraft yoke market is a component of the larger aircraft interface device market, which is estimated to be worth around USD 167 million in 2020 and is projected to reach USD 311 million by 2025, with a growth rate of 13.2%.
The aircraft control column, or yoke, is a crucial steering wheel used by pilots to control an aircraft's pitch and roll. The growth of the aircraft yoke market is driven by factors such as increasing air travel, growing air passenger traffic, and advancements in navigation technology.
An Aircraft Yoke, or the control wheel or control column, is a device employed for piloting certain fixed-wing aircraft. It is considered one of the most important components of the aircraft during flight since the pilot employs the yoke in controlling the attitude of the plane in both pitch and roll. The turn of the Aircraft Yoke assists in controlling the ailerons and roll axis. The Fore and aft motion of the yoke assists in establishing control of the elevator and pitch axis during flight of the airplane. As the yoke is pressed forward, the nose of the aircraft comes down, and as the yoke is pulled backward, the nose of the aircraft is elevated. Likewise, when the yoke of the aircraft is moved to the left, the plane will turn left, and as the yoke of the aircraft is moved to the right, the plane turns in the right state.
Increasing Air Traffic Around the Globe Spurs the Market Growth
Increased globalization is driving trade operations among the nations and regions to drive the global economy. The massive investments placed by the dominant authorities for developing the tourist areas and launching social media campaigns to invite tourists to their nations are anticipated to drive the air activity because of the increase in the number of tourists for other nations. Availability of alluring packages and reduced cost of air tickets is also impacting the air passengers' count. For availing healthcare treatment services from other nations owing to factors like cost-effectiveness or treatment quality, patients are alluring patients to travel to other nations for which they like to travel by air mode. Also, the increasing number of students going abroad for educational purposes is speeding up air traffic worldwide. The increase in the number of passengers traveling via the air mode is adding to the growth of the aviation sector, which is likely to drive the global Aircraft Yoke market growth.
Development Of E-Commerce Industry Is Expected to Support Market Growth
The growth in internet penetration and the spread of smart devices are widening the access of consumers to access global brands. Commercial aviation will see remarkable growth for the forecasting period. Growth in the fuel efficiency of the aircraft is expanding the profitability of the aircraft industry players. The operational effectiveness of the aircraft is improved due to the enhancement of navigation technologies, aircraft design, weather conditions, and increasing utilization of advanced technologies is boosting the aircraft orders globally, which is likely to fuel the demand for global Aircraft Yoke market during the next five years.
Advanced Technologies for Aircraft Maintenance Expected to Influence Market Demand
The application of high-end technologies like big data analytics and acquisition of real-time data that can effectively connect the hardware and internal system with the ground control system to provide meaningful insights prevents unwanted accidents in aircraft. Because of the occurrence of technical failures, the aircraft sector has to incur massive financial losses. By reducing the incidence of technical malfunctions and forewarning of the incidence of faults and sending alerts or notifications at appropriate times assists in reducing the downtime of an airplane. Development within the aviation industry is projected to drive the overall Aircraft Yoke market expansion because it is the key airplane part that can precisely maneuver the plane's navigation.
Market Segmentation
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The Global Aircraft Yoke market is segmented on the basis of aircraft type, demand category, regional distribution, and competition landscape. Based on the aircraft type, the Global Airport Yoke market is divided into narrow-body aircraft, wide-body aircraft, regional aircraft, and business aircraft. Based on the demand category, the global Airport Yoke market is divided into OEM and replacement. To analyze the market based on the region, the Global Aircraft Yoke market is studied in major regions namely North America, Asia-pacific, Europe & CIS, South America, Middle East, and Africa.
Market Players
Aeroval, Inc.
Eaton Corporation plc
Sikorsky Aircraft
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Attribute |
Details |
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Base Year |
2020 |
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Historic Data |
2016 – 2019 |
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Estimated Year |
2021 |
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Forecast Period |
2022 – 2026 |
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Quantitative Units |
Revenue in USD Million, Volume in Units, and CAGR for 2016-2020 and 2021-2026 |
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Report coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
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Segments covered |
· Aircraft Type · Demand Category |
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Regional scope |
North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
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Country scope |
United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Egypt |
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Key companies profiled |
Acco Industries Inc., Honeywell International Inc., Agilent Technologies, Inc., Collins Aerospace, Aeroval, Inc., Eaton Corporation plc, Sikorsky Aircraft |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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