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Remote Electronic Unit - Global Strategic Business Report

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    Report

  • 208 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805379
The global market for Remote Electronic Unit was estimated at US$3.0 Billion in 2023 and is projected to reach US$4.0 Billion by 2030, growing at a CAGR of 4.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Remote Electronic Unit Market - Key Trends and Drivers Summarized

How Are Remote Electronic Units Transforming Modern Control Systems?

Remote Electronic Units (REUs) are critical components in modern aerospace systems, providing decentralized control and processing capabilities across various platforms, including aircraft and spacecraft. These units are designed to handle the complex requirements of aerospace systems by distributing the computational load and control tasks, ensuring efficient operation of various subsystems. On aircraft platforms, REUs are primarily used in flight control surfaces, ice protection systems, fuel systems, and landing gear. Their role in spacecraft is equally crucial, where they manage subsystems related to propulsion, environmental controls, and payload management. By distributing processing tasks, REUs reduce the need for extensive wiring and central processing, thus minimizing weight and improving the overall reliability of the platform.

What Technological Advancements Are Driving the Evolution of REUs?

Technological advancements are significantly shaping the evolution of Remote Electronic Units, leading to the development of more sophisticated, reliable, and compact solutions. One of the key trends is the integration of advanced microprocessors and FPGA (Field-Programmable Gate Arrays) technologies into REUs, which enhances their processing power and adaptability to various control tasks. The miniaturization of electronic components, driven by advancements in semiconductor technology, has also enabled the production of smaller and lighter REUs, which is particularly beneficial in aerospace and automotive applications where weight and space are critical factors. Additionally, the growing use of software-defined control architectures is allowing REUs to be reprogrammed and updated remotely, providing greater flexibility and reducing the need for physical modifications. These technological advancements are driving the widespread adoption of REUs across various industries, supporting the trend towards more distributed and autonomous control systems.

What Are the Key Applications and Benefits of Remote Electronic Units?

The application of Remote Electronic Units extends across multiple critical systems within aerospace vehicles. In flight control surfaces, REUs are essential for managing the precise movements of ailerons, elevators, and rudders, ensuring that the aircraft responds accurately to pilot inputs and automated systems. In ice protection systems, REUs monitor and control the deployment of de-icing measures, crucial for maintaining the aerodynamic integrity of the aircraft in adverse weather conditions. Fuel systems benefit from REUs by having distributed sensors and control modules that ensure the correct fuel distribution and monitoring, enhancing safety and efficiency. Landing gear systems rely on REUs to control retraction and extension operations, as well as to monitor tire pressure and brake temperatures, which are vital for safe landings and ground operations. Beyond these, REUs are also used in other applications, such as environmental control systems, where they manage cabin pressurization, temperature, and other vital parameters.

The end-use of Remote Electronic Units spans both commercial and government sectors, with distinct demands and specifications. In the commercial aerospace sector, REUs are integral to the operation of passenger aircraft, cargo planes, and business jets, where reliability, weight savings, and performance are paramount. Commercial airlines and manufacturers prioritize REUs that can enhance fuel efficiency, reduce maintenance costs, and comply with stringent safety regulations. In the government sector, REUs are used in military aircraft, drones, and space missions. These applications often require REUs that can withstand harsh environments, including high radiation levels in space or extreme temperatures in military operations. The need for secure, robust, and mission-critical performance in these government applications often drives the development of specialized REUs with advanced features such as redundancy, encryption, and real-time processing capabilities.

What Factors Are Driving the Growth in the Remote Electronic Unit Market?

The growth in the Remote Electronic Units market is driven by several factors, including the increasing complexity and demands of modern aerospace systems, which require more sophisticated control and monitoring capabilities. The trend towards more electric and electronic aircraft is particularly significant, as it drives the need for advanced REUs that can manage the increasing number of electronic systems onboard. Additionally, the growth in commercial air travel and the expansion of the space industry are fueling demand for REUs in new aircraft and spacecraft platforms. Government investments in defense and space exploration are also contributing to market expansion, as these sectors require REUs with cutting-edge technology to meet stringent performance and safety standards. Furthermore, advancements in REU technology, such as miniaturization, improved processing power, and enhanced reliability, are making these units more attractive for a wider range of applications, supporting their broader adoption across both commercial and government aerospace markets.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Aircraft Platform segment, which is expected to reach US$2.3 Billion by 2030 with a CAGR of a 4.0%. The Spacecraft Platform segment is also set to grow at 4.3% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $811.2 Million in 2023, and China, forecasted to grow at an impressive 6.5% CAGR to reach $826.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Remote Electronic Unit Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Remote Electronic Unit Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Remote Electronic Unit Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as AAC Microtec AB, BAE Systems PLC, Becker Avionics, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 12 Featured):

  • AAC Microtec AB
  • BAE Systems PLC
  • Becker Avionics, Inc.
  • Crisa, an Airbus Defence and Space company
  • Curtiss-Wright Corporation (CWC)
  • Liebherr-International AG (Liebherr Group)
  • Moog, Inc.
  • Parker Hannifin Corporation
  • Rockwell Collins, Inc.
  • Siemens AG
  • Terma A/S
  • Thales Group

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Remote Electronic Unit - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Advanced Avionics Systems Propels Market Growth
  • Increasing Use in Aerospace and Defense Applications Expands Addressable Market Opportunity
  • Technological Advancements in Miniaturization and Integration of Electronics Strengthen Market Position
  • Growing Focus on Reliability and Safety in Flight Control Systems Drives Adoption of Remote Electronic Units
  • Surge in Demand for UAVs and Drones Generates New Opportunities
  • Development of Rugged and High-Performance Electronics Sustains Market Growth
  • Expanding Applications in Automotive and Marine Sectors Throws Spotlight on Market Potential
  • Growth in Aircraft Modernization and Retrofit Projects Spurs Demand for Remote Electronic Units
  • Rising Adoption of Remote Electronic Units in Space Exploration and Satellite Systems Propels Market Expansion
  • Surge in Demand for Integrated Modular Avionics Expands Market Horizons
  • Growing Awareness of the Benefits of Remote Electronic Units in Enhancing System Redundancy Drives Market Adoption
  • Innovations in Wireless Communication and Data Transmission Technologies Generate New Market Opportunities
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Flight Control Surface by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Flight Control Surface by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Flight Control Surface by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Landing Gear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Landing Gear by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Landing Gear by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Spacecraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Spacecraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for Spacecraft by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Aircraft by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for Aircraft by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Remote Electronic Unit Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Remote Electronic Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Remote Electronic Unit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Remote Electronic Unit by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Ice Protection Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Ice Protection Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Ice Protection Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Fuel Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Fuel Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Fuel Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Remote Electronic Unit Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • AAC Microtec AB
  • BAE Systems PLC
  • Becker Avionics, Inc.
  • Crisa, an Airbus Defence and Space company
  • Curtiss-Wright Corporation (CWC)
  • Liebherr-International AG (Liebherr Group)
  • Moog, Inc.
  • Parker Hannifin Corporation
  • Rockwell Collins, Inc.
  • Siemens AG
  • Terma A/S
  • Thales Group

Table Information