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 2023-2028
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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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
5
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
Aircraft Electrical Systems Market, By System
Aircraft Electrical Systems Market, By Component
Aircraft Electrical Systems Market, By Application
Aircraft Electrical Systems Market, By Platform
Aircraft Electrical Systems Market, By Region
Aircraft Electrical Systems Market, By Company
The report covers:
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.
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Below are our new reports:
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
Aircraft Electrical Systems Market, By System
Aircraft Electrical Systems Market, By Component
Aircraft Electrical Systems Market, By Application
Aircraft Electrical Systems Market, By Platform
Aircraft Electrical Systems Market, By Region
Aircraft Electrical Systems Market, By Company
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