Aircraft Electrical System Market Size, Share, Analysis Report

Aircraft Electrical System Market Size by Product (Generation, Conversion, Storage, Distribution and Others), By Distribution Type (Line-fit and Retrofit), Application (Power Generation, Utility Management, Configuration Management, Flight Controlling and Others), End Use (Commercial and Defense), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Aircraft Electrical System Market is expected to be around US$ 29 Billion by 2028 at a CAGR of 6% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Astronics Corp
  • mphenol Corp
  • AMETEK.Inc
  • Avionic Instruments, LLC
  • BAE Systems plc
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Aircraft Electrical System Market is expected to be around US$ 29 Billion by 2028 at a CAGR of 6% in the given forecast period.

    Rising manufacturing or production of civil aircrafts due to the surging number of air travelling passengers worldwide is a factor to fuel the growth of the target market. Growing development for exquisite customer experiences commercial aircrafts are improving their services by including providing such as in-flight entertainment, seat power supply and various others. This in turn is a factor projected to compel global market growth in the near years. Rising technological advancements by several battery manufacturers to offer high-density battery solutions in electric aircraft is among key factor projected to stimulate the market growth. Electrical aircrafts have obtained high traction due to increasing natural fuel consumption, pollution and efficient substitute to fuel making it cost beneficial. This is a factor which is also likely to favor the target market.

    The global Aircraft Electrical System market is segregated on the basis of Product as Generation, Conversion, Storage, Distribution and Others. Based on Distribution Type the global Aircraft Electrical System market is segmented in Line-fit and Retrofit. Based on Application the global Aircraft Electrical System market is segmented in Power Generation, Utility Management, Configuration Management, Flight Controlling and Others. Based on End Use the global Aircraft Electrical System market is segmented in Commercial and Defense.

    The global Aircraft Electrical System market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Aircraft Electrical System market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Astronics Corp., mphenol Corp., AMETEK.Inc., Avionic Instruments, LLC, BAE Systems plc, Crane Aerospace & Electronics, Carlisle Companies Inc., EaglePicher Technologies, LLC, General Electric Co., Honeywell International Inc., and others are among the major players in the global Aircraft Electrical System market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Aircraft Electrical System Market has been segmented as below:

    Aircraft Electrical System Market, By Product

    • Generation
    • Conversion
    • Storage
    • Distribution
    • Others

    Aircraft Electrical System Market, By Distribution Type

    • Line-fit
    • Retrofit

    Aircraft Electrical System Market, By Application

    • Power Generation
    • Utility Management
    • Configuration Management
    • Flight Controlling
    • Others

    Aircraft Electrical System Market, By End Use

    • Commercial
    • Defense

    Aircraft Electrical System Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Aircraft Electrical System Market, By Company

    • Astronics Corp.
    • mphenol Corp.
    • AMETEK.Inc.
    • Avionic Instruments, LLC
    • BAE Systems plc
    • Crane Aerospace & Electronics
    • Carlisle Companies Inc.
    • EaglePicher Technologies, LLC
    • General Electric Co.
    • Honeywell International Inc.
    • Hartzell Engine Technologies LLC
    • Meggitt PLC
    • Nabtesco Corp.
    • PBS AEROSPACE Inc.
    • Raytheon Technologies Corp.

    The report covers:

    • Global Aircraft Electrical System market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Aircraft Electrical System market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Aircraft Electrical System market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Aircraft Electrical System market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Aircraft Electrical System market share. Major industry players with significant revenue share include Astronics Corp., mphenol Corp., AMETEK.Inc., Avionic Instruments, LLC, BAE Systems plc, Crane Aerospace & Electronics, Carlisle Companies Inc., EaglePicher Technologies, LLC, General Electric Co., Honeywell International Inc., and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Aircraft Electrical System industry trends
    • Find complete analysis on the market status
    • Identify the Aircraft Electrical System market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Customization

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Market Research Process
    2.3.    Research Data Analysis
    2.3.1.1.    Secondary Research
    2.3.1.2.    Primary Research
    2.3.1.3.    Models for Estimation
    2.4.    Market Size Estimation
    2.4.1.    Bottom-Up Approach- Segmental Market Analysis
    2.4.2.    Top-Down Approach- Parent Market Analysis
    3.    Executive Summary
    4.    Market Overview
    4.1.    Introduction
    4.1.1.    Drivers
    4.1.2.    Restraints
    4.1.3.    Opportunities
    4.1.4.    Challenges
    4.2.    Porter’s Five Force Analysis
    5.    Aircraft Electrical System Market, By Product
    5.1.    Introduction
    5.2.    Generation
    5.2.1.    Market Overview
    5.2.2.    Market Size and Forecast
    5.3.    Conversion
    5.3.1.    Market Overview
    5.3.2.    Market Size and Forecast
    5.4.    Storage
    5.4.1.    Market Overview
    5.4.2.    Market Size and Forecast
    5.5.    Distribution
    5.5.1.    Market Overview
    5.5.2.    Market Size and Forecast
    5.6.    Others
    5.6.1.    Market Overview
    5.6.2.    Market Size and Forecast
    6.    Aircraft Electrical System Market, By Distribution Type
    6.1.    Introduction
    6.2.    Line-fit
    6.2.1.    Market Overview
    6.2.2.    Market Size and Forecast
    6.3.    Retrofit
    6.3.1.    Market Overview
    6.3.2.    Market Size and Forecast
    7.    Aircraft Electrical System Market, By Application
    7.1.    Introduction
    7.2.    Power Generation
    7.2.1.    Market Overview
    7.2.2.    Market Size and Forecast
    7.3.    Utility Management
    7.3.1.    Market Overview
    7.3.2.    Market Size and Forecast
    7.4.    Configuration Management
    7.4.1.    Market Overview
    7.4.2.    Market Size and Forecast
    7.5.    Flight Controlling
    7.5.1.    Market Overview
    7.5.2.    Market Size and Forecast
    7.6.    Others
    7.6.1.    Market Overview
    7.6.2.    Market Size and Forecast
    8.    Aircraft Electrical System Market, By End Use
    8.1.    Introduction
    8.2.    Commercial
    8.2.1.    Market Overview
    8.2.2.    Market Size and Forecast
    8.3.    Defense
    8.3.1.    Market Overview
    8.3.2.    Market Size and Forecast
    9.    Aircraft Electrical System Market, By Geography
    9.1.    Introduction
    9.2.    North America
    9.2.1.    North America Aircraft Electrical System, By Product
    9.2.2.    North America Aircraft Electrical System, By Distribution Type
    9.2.3.    North America Aircraft Electrical System, By Application
    9.2.4.    North America Aircraft Electrical System, By End Use
    9.3.    Europe
    9.3.1.    Europe Aircraft Electrical System, By Product
    9.3.2.    Europe Aircraft Electrical System, By Distribution Type
    9.3.3.    Europe Aircraft Electrical System, By Application
    9.3.4.    Europe Aircraft Electrical System, By End Use
    9.4.    Asia-Pacific
    9.4.1.    Asia-Pacific Aircraft Electrical System, By Product
    9.4.2.    Asia-Pacific Aircraft Electrical System, By Distribution Type
    9.4.3.    Asia-Pacific Aircraft Electrical System, By Application
    9.4.4.    Asia-Pacific Aircraft Electrical System, By End Use
    9.5.    Rest of the World
    9.5.1.    Rest of the World Aircraft Electrical System, By Product
    9.5.2.    Rest of the World Aircraft Electrical System, By Distribution Type
    9.5.3.    Rest of the World Aircraft Electrical System, By Application
    9.5.4.    Rest of the World Aircraft Electrical System, By End Use
    10.    Competitive Insights
    10.1.    Key Insights
    10.2.    Company Market Share Analysis
    10.3.    Strategic Outlook
    10.3.1.    Mergers & Acquisitions
    10.3.2.    New Product Developments
    10.3.3.    Portfolio/Production Capacity Expansions
    10.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    10.3.5.    Others
    11.    Company Profiles
    11.1.    Astronics Corp.
    11.1.1.    Company Overview
    11.1.2.    Product/Service Landscape
    11.1.3.    Financial Overview
    11.1.4.    Recent Developments
    11.2.    mphenol Corp.
    11.2.1.    Company Overview
    11.2.2.    Product/Service Landscape
    11.2.3.    Financial Overview
    11.2.4.    Recent Developments
    11.3.    AMETEK.Inc.
    11.3.1.    Company Overview
    11.3.2.    Product/Service Landscape
    11.3.3.    Financial Overview
    11.3.4.    Recent Developments
    11.4.    Avionic Instruments, LLC
    11.4.1.    Company Overview
    11.4.2.    Product/Service Landscape
    11.4.3.    Financial Overview
    11.4.4.    Recent Developments
    11.5.    BAE Systems plc
    11.5.1.    Company Overview
    11.5.2.    Product/Service Landscape
    11.5.3.    Financial Overview
    11.5.4.    Recent Developments
    11.6.    Crane Aerospace & Electronics
    11.6.1.    Company Overview
    11.6.2.    Product/Service Landscape
    11.6.3.    Financial Overview
    11.6.4.    Recent Developments
    11.7.    Carlisle Companies Inc.
    11.7.1.    Company Overview
    11.7.2.    Product/Service Landscape
    11.7.3.    Financial Overview
    11.7.4.    Recent Developments
    11.8.    EaglePicher Technologies, LLC
    11.8.1.    Company Overview
    11.8.2.    Product/Service Landscape
    11.8.3.    Financial Overview
    11.8.4.    Recent Developments
    11.9.    General Electric Co.
    11.9.1.    Company Overview
    11.9.2.    Product/Service Landscape
    11.9.3.    Financial Overview
    11.9.4.    Recent Developments
    11.10.    Honeywell International Inc.
    11.10.1.    Company Overview
    11.10.2.    Product/Service Landscape
    11.10.3.    Financial Overview
    11.10.4.    Recent Developments
    11.11.    Hartzell Engine Technologies LLC
    11.11.1.    Company Overview
    11.11.2.    Product/Service Landscape
    11.11.3.    Financial Overview
    11.11.4.    Recent Developments
    11.12.    Meggitt PLC
    11.12.1.    Company Overview
    11.12.2.    Product/Service Landscape
    11.12.3.    Financial Overview
    11.12.4.    Recent Developments
    11.13.    Nabtesco Corp.
    11.13.1.    Company Overview
    11.13.2.    Product/Service Landscape
    11.13.3.    Financial Overview
    11.13.4.    Recent Developments
    11.14.    PBS AEROSPACE Inc.
    11.14.1.    Company Overview
    11.14.2.    Product/Service Landscape
    11.14.3.    Financial Overview
    11.14.4.    Recent Developments
    11.15.    Raytheon Technologies Corp.
    11.15.1.    Company Overview
    11.15.2.    Product/Service Landscape
    11.15.3.    Financial Overview
    11.15.4.    Recent Developments

    The Aircraft Electrical System Market has been segmented as below:

    Aircraft Electrical System Market, By Product

    • Generation
    • Conversion
    • Storage
    • Distribution
    • Others

    Aircraft Electrical System Market, By Distribution Type

    • Line-fit
    • Retrofit

    Aircraft Electrical System Market, By Application

    • Power Generation
    • Utility Management
    • Configuration Management
    • Flight Controlling
    • Others

    Aircraft Electrical System Market, By End Use

    • Commercial
    • Defense

    Aircraft Electrical System Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Aircraft Electrical System Market, By Company

    • Astronics Corp.
    • mphenol Corp.
    • AMETEK.Inc.
    • Avionic Instruments, LLC
    • BAE Systems plc
    • Crane Aerospace & Electronics
    • Carlisle Companies Inc.
    • EaglePicher Technologies, LLC
    • General Electric Co.
    • Honeywell International Inc.
    • Hartzell Engine Technologies LLC
    • Meggitt PLC
    • Nabtesco Corp.
    • PBS AEROSPACE Inc.
    • Raytheon Technologies Corp.

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    The market is expected to grow at a CAGR of 6% during the study period (2023-2028)
    The Aircraft Electrical System Market is expected to be around US$ 29 Billion by 2028.
    The segment included in Aircraft Electrical System Market is include Product, Distribution Type, Application, End Use and region.
    Some key players operating in the Aircraft Arresting System Market is Astronics Corp., mphenol Corp., AMETEK.Inc., Avionic Instruments, LLC, BAE Systems plc, Crane Aerospace & Electronics
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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