Amsterdam, Netherlands | May 31, 2016– Global civil aircraft industry is witnessing a geographic transition from relatively slowing matured markets like North America and Europe towards the Asia Pacific, dominated by China. Increasing traffic in the developing geographies is driving demand for commercial aircrafts. The number of airplanes in service is expected to more than double over 2014-2034, with single aisle aircrafts witnessing the maximum growth.

The growth in the commercial aircraft market will underpin the demand for components used in these airplanes. Major aircraft component systems like flight control systems (FCS), drive shafts, cockpit display system (CDS) and other airframe components are all expected to witness healthy growth over near to medium term.

According to a recent market research report published by Technavio, the global commercial aircraft FCS market is expected to grow at a CAGR of 5.7% during the period 2016-2020. The report titled “Global Commercial Aircraft Flight Control Systems Market 2016-2020”, identifies introduction of fly-by-wire systems, increased adaptation of advanced actuators and shift towards next-generation FCS to be the dominant trends in the commercial aircraft FCS market over the next five years.

The report states that the growth in the FCS market would primarily be driven by growing demand for aircraft, increased use of thrust management systems and rising developments in FCS technology. However, the analysts also caution that issues related to electromechanical actuators (EMAs), stringent regulatory norms and high technology cost to dampen the growth prospect to certain degree.

The report studies the global civil aircraft FCS market across three primary geographies: Americas, EMEA and Asia Pacific. The report also provides a detailed analysis of the market by types of FCS used: hydro-mechanical, fly-by-wire and mechanical.

While analysing the competitive landscape of the market, the report provides detailed insights into key vendors operating in the space such as BAE Systems, Honeywell International, MOOG, Rockwell Collins, Sagem, UTC Aerospace Systems, Liebherr-Aerospace, Nabtesco, Parker Aerospace, and West Star Aviation. The insights on the vendors include information such as company and financial overview, business strategies and recent developments.

• Forecasts ongoing strong demand over next 20 years

France | February 16, 2016– Airbus strengthened further its market leading position in Asia-Pacific in 2015, winning 421 net orders from 17 airlines and lessors in the region during the year. This represented 39 per cent of the company’s net order intake in 2015 for 1,080 aircraft.

In addition, the manufacturer delivered 232 new aircraft to 40 operators across the region over the twelve month period, either directly or via leasing companies. This was 44 per cent of the company’s total output of 635 aircraft during the year, reflecting the importance of the region to the manufacturer.

The regional results were announced today by Fabrice Brégier, Airbus President and CEO and John Leahy, Chief Operating Officer, Customers on the opening of the Singapore Air Show.

“The Asia-Pacific region has traditionally been one of our strongest markets,” said Fabrice Brégier. “In recent years we have consolidated our position with our complete range of modern and efficient products. We expect this trend to continue in the coming years, especially in the widebody market where the A350 XWB is setting new standards in the 300 – 400 seat category.”

Looking to the future, Airbus expects the Asia-Pacific region to continue to lead demand for new aircraft over the next 20 year period.

Presenting the company’s latest forecast for the region, John Leahy said that an annual increase in passenger traffic of 5.6% would contribute to a requirement for some 12,800 new aircraft valued at USD 2 trillion. This represents 40% of global demand for 32,600 aircraft over the next 20 years, and includes almost half of all widebody deliveries worldwide and over a third of all single aisle aircraft.

“Asia-Pacific will continue to experience stronger growth than any other world region as more people fly more often,” said John Leahy. “Airbus will be especially well placed to respond to this demand in every size category. From 100 to over 500 seats, and for everything from short regional flights to the world’s longest commercial services, we have the right products to meet the needs of airlines in this fast-growing market.”

Over the past 10 years Airbus has recorded the leading share of sales in the Asia-Pacific region in both the single aisle and widebody markets. This has seen the A320 Family account for 64 per cent of net orders in the single aisle category, while the Airbus widebody aircraft, the A330, A350 XWB and A380 have together won 56 per cent of orders during this timeframe.