Based on system type, the electronic segment is expected to lead the aircraft ignition system market during the forecast period. Electronic ignition systems are direct fire ignition systems and are considered to be more reliable as compared to conventional magneto ignition systems. These systems have greater spark energy as well as variable spark timing, which, in turn, can improve fuel efficiency.

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Based on platform, the UAV segment of the aircraft ignition system market is projected to grow at the highest CAGR during the forecast period. The use of UAVs has resulted in a reduction in operating costs and increase in sortie rates, as these vehicles have extreme endurance and potential for high altitude flights. UAVs are currently employed for Intelligence Surveillance and Reconnaissance (ISR), electronic warfare, and strike missions.

Based on end user, the aftermarket segment of the aircraft ignition system market is projected to grow at a higher rate during the forecast period. The aftermarket involves replacement of parts and maintenance services for installed components. Aftermarket services also include the inspection of complete systems of aircraft for the security of component mounting as well as to detect short or high voltage arcing and loose connections.

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