Aircraft Electrical Systems Market Size, Share, Analysis Report

Aircraft Electrical Systems Market Size By End User (Original Equipment Manufacturer (OEM), Aftermarket), By System (Power Generation, Power Distribution, Power Conversion, Energy Storage), By Component (Generators, Conversion Devices, Distribution Devices, Battery Management Systems), By Application (Power Generation Management, Flight Control & Operation, Cabin System, Configuration Management, Air Pressurization & Conditioning), By Platform (Commercial Aviation, Military Aviation, Business & General Aviation), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global Aircraft Electrical Systems Market is expected to be around US$ 51.50 Billion by 2028 at a CAGR of 5.67% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Ametek
  • Amphenol Corporation
  • Astronics Corporation
  • Esterline Technologies
  • Honeywell
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global Aircraft Electrical Systems Market is expected to be around US$ 51.50 Billion by 2028 at a CAGR of 5.67% in the given forecast period.

    An electrical system is that the most essential and integral part of all craft styles. Associate degree craft electrical system is associate degree freelance network of elements that generate, distribute, utilize, and store current. The quality and capability of the electrical system varies enormously from single engine aircrafts to trendy multi-engine aircrafts. However, the electrical system for each styles of engines share constant basic elements. Each craft electrical system has units that has the aptitude of generating electricity. Relying upon the kind of craft, elements like generators or alternators are wont to manufacture electricity.

    The major driver for the craft electrical system market embrace the adoption of a lot of electric craft systems in aircrafts rather than victimization fluid mechanics. Earlier fluid mechanics wont to perform several functions like to actuate and move undercarriage, brakes, and flaps. In larger systems, fluid mechanics were additionally used for control, thrust reversers, spoilers and lots of alternative functions. However, fluid mechanics are large, increasing the weight of the craft. There are but some restraints like fault in load or supply switches which will interrupt entire systems and fewer dependability because of distribution and wiring that are a number of the factors that might adversely have an effect on the craft electrical systems market.

    The global Aircraft Electrical Systems market is segregated on the basis of End User as Original Equipment Manufacturer (OEM) and Aftermarket. Based on System the global Aircraft Electrical Systems market is segmented in Power Generation, Power Distribution, Power Conversion, and Energy Storage. Based on Component the global Aircraft Electrical Systems market is segmented in Generators, Conversion Devices, Distribution Devices, Battery Management Systems, and Others.

    Based on Application, the global Aircraft Electrical Systems market is segmented in Power Generation Management, Flight Control & Operation, Cabin System, Configuration Management, and Air Pressurization & Conditioning. The report also bifurcates the global Aircraft Electrical Systems market based on Platform in Commercial Aviation, Military Aviation, and Business & General Aviation.

    The global Aircraft Electrical Systems market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Aircraft Electrical Systems 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

    Ametek, Safran, Astronics Corporation, Amphenol Corporation, Esterline Technologies, Honeywell, Meggitt, Thales Group, United Technologies Corporation, GE Aviation, and others are among the major players in the global Aircraft Electrical Systems 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 Systems Market has been segmented as below:

    Aircraft Electrical Systems Market, By End User

    • Original Equipment Manufacturer (OEM)
    • Aftermarket

    Aircraft Electrical Systems Market, By System

    • Power Generation
    • Power Distribution
    • Power Conversion
    • Energy Storage

    Aircraft Electrical Systems Market, By Component

    • Generators
    • Conversion Devices
    • Distribution Devices
    • Battery Management Systems
    • Others

    Aircraft Electrical Systems Market, By Application

    • Power Generation Management
    • Flight Control & Operation
    • Cabin System
    • Configuration Management
    • Air Pressurization & Conditioning

    Aircraft Electrical Systems Market, By Platform

    • Commercial Aviation
    • Military Aviation
    • Business & General Aviation

    Aircraft Electrical Systems Market, By Region

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

    Aircraft Electrical Systems Market, By Company

    • Ametek
    • Safran
    • Astronics Corporation
    • Amphenol Corporation
    • Esterline Technologies
    • Honeywell
    • Meggitt
    • Thales Group
    • United Technologies Corporation
    • GE Aviation

    The report covers:

    • Global Aircraft Electrical Systems 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 Systems 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 Systems 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 Systems 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 Systems market share. Major industry players with significant revenue share include Ametek, Safran, Astronics Corporation, Amphenol Corporation, Esterline Technologies, Honeywell, Meggitt, Thales Group, United Technologies Corporation, GE Aviation, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Aircraft Electrical Systems industry trends
    • Find complete analysis on the market status
    • Identify the Aircraft Electrical Systems 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 Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders

    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis

    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis

    5. Aircraft Electrical Systems Market, By End User
        5.1 Introduction
        5.2 Original Equipment Manufacturer (OEM)
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Aftermarket
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast

    6. Aircraft Electrical Systems Market, By System
        6.1 Introduction
        6.2 Power Generation
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Power Distribution
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Power Conversion
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Energy Storage
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast

    7. Aircraft Electrical Systems Market, By Component
        7.1 Introduction
        7.2 Generators
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Conversion Devices
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Distribution Devices
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Battery Management Systems
            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 Systems Market, By Application
        8.1 Introduction
        8.2 Power Generation Management
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Flight Control & Operation
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
        8.4 Cabin System
            8.4.1 Market Overview
            8.4.2 Market Size and Forecast
        8.5 Configuration Management
            8.5.1 Market Overview
            8.5.2 Market Size and Forecast
        8.6 Air Pressurization & Conditioning
            8.6.1 Market Overview
            8.6.2 Market Size and Forecast

    9. Aircraft Electrical Systems Market, By Platform
        9.1 Introduction
        9.2 Commercial Aviation
            9.2.1 Market Overview
            9.2.2 Market Size and Forecast
        9.3 Military Aviation
            9.3.1 Market Overview
            9.3.2 Market Size and Forecast
        9.4 Business & General Aviation
            9.4.1 Market Overview
            9.4.2 Market Size and Forecast

    10. Aircraft Electrical Systems Market, By Geography
        10.1 Introduction
        10.2 North America
            10.2.1 North America Aircraft Electrical Systems, By End User
            10.2.2 North America Aircraft Electrical Systems, By System
            10.2.3 North America Aircraft Electrical Systems, By Component
            10.2.4 North America Aircraft Electrical Systems, By Application
            10.2.5 North America Aircraft Electrical Systems, By Platform
        10.3 Europe
            10.3.1 Europe Aircraft Electrical Systems, By End User
            10.3.2 Europe Aircraft Electrical Systems, By System
            10.3.3 Europe Aircraft Electrical Systems, By Component
            10.3.4 Europe Aircraft Electrical Systems, By Application
            10.3.5 Europe Aircraft Electrical Systems, By Platform
        10.4 Asia-Pacific
            10.4.1 Asia-Pacific Aircraft Electrical Systems, By End User
            10.4.2 Asia-Pacific Aircraft Electrical Systems, By System
            10.4.3 Asia-Pacific Aircraft Electrical Systems, By Component
            10.4.4 Asia-Pacific Aircraft Electrical Systems, By Application
            10.4.5 Asia-Pacific Aircraft Electrical Systems, By Platform
        10.5 Rest of the World
            10.5.1 Rest of the World Aircraft Electrical Systems, By End User
            10.5.2 Rest of the World Aircraft Electrical Systems, By System
            10.5.3 Rest of the World Aircraft Electrical Systems, By Component
            10.5.4 Rest of the World Aircraft Electrical Systems, By Application
            10.5.5 Rest of the World Aircraft Electrical Systems, By Platform

    11. Competitive Insights
        11.1 Key Insights
        11.2 Company Market Share Analysis
        11.3 Strategic Outlook
            11.3.1 Mergers & Acquisitions
            11.3.2 New Product Development
            11.3.3 Portfolio/Production Capacity Expansions
            11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            11.3.5 Others

    12. Company Profiles
        12.1 Ametek
            12.1.1 Company Overview
            12.1.2 Product/Service Landscape
            12.1.3 Financial Overview
            12.1.4 Recent Developments
        12.2 Safran
            12.2.1 Company Overview
            12.2.2 Product/Service Landscape
            12.2.3 Financial Overview
            12.2.4 Recent Developments
        12.3 Astronics Corporation
            12.3.1 Company Overview
            12.3.2 Product/Service Landscape
            12.3.3 Financial Overview
            12.3.4 Recent Developments
        12.4 Amphenol Corporation
            12.4.1 Company Overview
            12.4.2 Product/Service Landscape
            12.4.3 Financial Overview
            12.4.4 Recent Developments
        12.5 Esterline Technologies
            12.5.1 Company Overview
            12.5.2 Product/Service Landscape
            12.5.3 Financial Overview
            12.5.4 Recent Developments
        12.6 Honeywell
            12.6.1 Company Overview
            12.6.2 Product/Service Landscape
            12.6.3 Financial Overview
            12.6.4 Recent Developments
        12.7 Meggitt
            12.7.1 Company Overview
            12.7.2 Product/Service Landscape
            12.7.3 Financial Overview
            12.7.4 Recent Developments
        12.8 Thales Group
            12.8.1 Company Overview
            12.8.2 Product/Service Landscape
            12.8.3 Financial Overview
            12.8.4 Recent Developments
        12.9 United Technologies Corporation
            12.9.1 Company Overview
            12.9.2 Product/Service Landscape
            12.9.3 Financial Overview
            12.9.4 Recent Developments
        12.10 GE Aviation
            12.10.1 Company Overview
            12.10.2 Product/Service Landscape
            12.10.3 Financial Overview
            12.10.4 Recent Developments

    The Aircraft Electrical Systems Market has been segmented as below:

    Aircraft Electrical Systems Market, By End User

    • Original Equipment Manufacturer (OEM)
    • Aftermarket

    Aircraft Electrical Systems Market, By System

    • Power Generation
    • Power Distribution
    • Power Conversion
    • Energy Storage

    Aircraft Electrical Systems Market, By Component

    • Generators
    • Conversion Devices
    • Distribution Devices
    • Battery Management Systems
    • Others

    Aircraft Electrical Systems Market, By Application

    • Power Generation Management
    • Flight Control & Operation
    • Cabin System
    • Configuration Management
    • Air Pressurization & Conditioning

    Aircraft Electrical Systems Market, By Platform

    • Commercial Aviation
    • Military Aviation
    • Business & General Aviation

    Aircraft Electrical Systems Market, By Region

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

    Aircraft Electrical Systems Market, By Company

    • Ametek
    • Safran
    • Astronics Corporation
    • Amphenol Corporation
    • Esterline Technologies
    • Honeywell
    • Meggitt
    • Thales Group
    • United Technologies Corporation
    • GE Aviation

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    The market is expected to grow at a CAGR of 5.67% during the study period (2023-2028)
    The Global Aircraft Electrical Systems Market is expected to be around US$ 51.50 Billion by 2028
    The segment included in Aircraft Electrical Systems Market is End User, System, Component, Application, Platform, Company and region.
    Some key players operating in the Aircraft Electrical Systems Market include Ametek, Safran, Astronics Corporation, Amphenol Corporation, Esterline Technologies, Honeywell, Meggitt, Thales Group, United Technologies Corporation
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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