The global market for aircraft electrical systems is projected to have considerable CAGR of around 5.5% during the forecast period. The market growth mainly driven by the growing demand of electrical systems in aircraft coupled with growth in the aviation industry. There is significant adoption of electrical systems for military and commercial aircraft systems and growth in research and rising investments for electrical aircraft systems that further propels the market growth. The electrical aircraft systems provides the energy efficiency aircraft systems that reduces emissions in the environment. Despite these benefits , aircraft electrical systems have some drawbacks include the requirement of power electronics to handle the increasing loads, and excess of heat created by losses within the electrical power chain. Therefore these drawbacks of aircraft electrical systems further projected to hamper the market growth.
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The global aircraft electrical systems market is segmented based on Component type and platform. Based on the component type, the market is further classified into generators, distribution devices, conversion devices, and battery management systems. Among component type, the generator segment is projected to grow significantly owing to the rising demand of power generation management in aircraft electrical systems. On the basis of industry the market is further segregated into general aviation, commercial aviation, and military aviation.
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Market Segmentation
Global Aircraft Electrical Systems Market by Component Type
• Generators
• Distribution Devices
• Conversion Devices
• Battery Management Systems
Global Aircraft Electrical Systems Market by Platform
• General Aviation
• Commercial Aviation
• Military Aviation
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Astronics Corp.
• Amphenol 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.
• Radiant Power Corp, A HEICO company
• Safran S.A.
• Thales Group
• Transdigm Group, Inc.
• TE Connectivity Ltd.
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