Aircraft Electrical Systems Market by System (Power Generation, Conversion, Distribution, Energy Storage), Component, Technology, Platform (Commercial Aviation, Military Aviation, Business & General Aviation), End-User, Application & Region - Global Forecast to 2030
Report Code: AS 1865 Jul, 2020, by marketsandmarkets.com
[287 Pages Report] The aircraft electrical systems market is projected to grow from USD 19,344 million in 2020 to USD 37,265 million by 2030, at a CAGR of 6.8% during the forecast period. Optimized aircraft performance through the use of more electric technology is a major factor driving the growth of the aircraft electrical systems market.
COVID-19 Impact on the Global Aircraft Electrical Systems Market
The COVID-19 impacted all the regions across the globe. The overall demand for electrical systems of aircraft from each region in the globe majorly dependent on the aircraft deliveries. Due to COVID-19 outbreak there has been reduction passenger travel demand across region, which has negatively impacted he aviation industry across the globe.
According to the latest estimates, passenger demand have been dropped from 187 million baseline for 2020 by 2,291 to 3,061 million (international by 1,105 to 1,437 million and domestic by 1,186 to 1,623 million). This demand level would be 2,104 to 2,874 million (international by 1,033 to 1,366 million and domestic by 1,071 to 1,508 million) below the 2019 level. The most substantial demand reduction (in total number) is expected to be in Asia/Pacific, followed by Europe, hitting its summer travel peak season.
Aircraft Electrical Systems Market Dynamics
Driver: Optimized aircraft performance through the use of more electric technology
In a conventional aircraft, most non-propulsive systems are driven by a combination of pneumatic, hydraulic, mechanical, and electric power sources. However, these systems have certain disadvantages, such as low efficiency in the conversion rate of fuel to energy and potential leakage of corrosive fluids, along with the high risk of fire. On the other hand, more electric technology refers to the use of electricity to power most non-propulsive systems in an aircraft. The more electric architecture is power-optimized to achieve performance efficiency with lesser power consumption. The shift from hydraulic to electric power makes the aircraft lighter by eliminating the need for hydraulic reservoirs. Reduction in the overall aircraft weight results in increased fuel efficiency. Aircraft manufacturers are aiming to improve the efficiency of their aircraft by replacing about 11% of hydraulically controlled systems with electric systems. Thus, the optimization of aircraft performance is a major growth driver for the aircraft electrical systems market.
Opportunity: Technological advancements in aircraft electrical systems
The latest advances in electric and electronic aircraft technologies offer significant opportunities to component manufacturers. Aircraft manufacturers are examining novel ways of power generation and distribution at various levels of the value chain. Complex embedded digital systems, distributed architectures, and power electronics (in the starter/generation system of the main engines) are some of the technologies vying for space on forthcoming aircraft. The increasing use of programmable solid-state devices and switching power devices in place of traditional electromechanical circuit breaker technology is also expected to provide benefits to aircraft in terms of load management, fault isolation, diagnostic health monitoring, and improved flexibility to accommodate modifications and system upgrades.
Challenge: Power density and efficiency
In the present scenario, due to the miniaturization of power conversion equipment, manufacturers are facing power density and efficiency challenges. Reduction in size is achieved using expensive means of heat removal techniques. This results in increasing the overall aircraft electrical system cost. Market players are facing a big challenge in terms of replacing and introducing high-frequency switch-mode power supplies for aircraft, which will result in reducing the size and weight of the devices while improving the devices efficiency and reducing costs.
By platform, the commercial aviation segment is expected to be the largest contributor to the aircraft electrical systems market during the forecast period.
The commercial aviation sector witnessed strong growth over the past few years. This growth can be attributed to factors such as increasing air travel, the rise in disposable income of the middle-class population, and increased international trade and tourism across the globe. Strong growth in this sector has resulted in an increased number of aircraft orders to address the increasing air passenger traffic.
By component, the generators segment is projected to lead the aircraft electrical systems market during the forecast period.
Generators are an important component used in aircraft electrical systems. They are the primary source of electrical power. Generators convert mechanical energy into electrical energy and are found in light aircraft. They are also driven by the engine by means of a belt arrangement. Aircraft with generators use battery power at low engine RPM. Nowadays, in most aircraft, alternators are used as a replacement for generators.
North America is expected to lead the market for aircraft electrical systems during the forecast period.
North America is expected to be the largest market for aircraft electrical systems during the forecast period. The growing demand for aircraft for commercial applications and their increasing utility in the defense sector to carry out transport and surveillance activities are additional factors influencing the growth of the aircraft electrical systems market in the North American region.
Huge investments in the research and development of more electric aircraft and increasing demand for fuel efficient and low maintenance aircraft are factors driving the growth of the aircraft electrical systems market in this region. Recent advances in technology have enabled Boeing to incorporate a new no-bleed systems architecture in the Boeing 787 Dreamliner. The new architecture eliminates the traditional pneumatic system and bleed manifold, and converts the power source of most functions, formerly powered by bleed air, to electric power, which includes air conditioning systems.
Key Players
Major vendors in the aircraft electrical systems market include AMETEK (US), Safran (France), Astronics Corporation (US), Amphenol Corporation (US), Esterline Technologies (US), Honeywell (US), Meggitt (UK), and Thales Group (France).
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|
Report Metric |
Details |
|
Market size available for years |
20162030 |
|
Base year considered |
2019 |
|
Forecast period |
20202030 |
|
Forecast units |
Value (USD Million) |
|
Segments covered |
End User, System, Components, Application, Technology, Platform, and Region |
|
Geographies covered |
North America, Asia Pacific, Europe, Middle East, and Rest of the World |
|
Companies covered |
The major market players include Safran (France), GE Aviation (US), Collins Aerospace (US), Astronics (US), Honeywell International (US), Thales (France), Crane Aerospace & Electronics (US), Amphenol (US), and AMETEK (US) (Total 25 companies) |
This research report categorizes the aircraft electrical systems market based on end user, system, component, application, platform, and region.
By End User:- 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 technology:
- Conventional
- More Electric
- Electric
By platform:
- Commercial Aviation
- Military Aviation
- Business & General Aviation
By region:
- North America
- Europe
- Asia Pacific
- Middle East
- Rest of the World
Recent Developments
- In April 2020, The UTC and Raytheon Company have been merged and new company named as Raytheon Technologies
- In February 2019, Safran signed a contract with AVIC to provide the main and auxiliary electrical generation system for MA700, a regional turboprop aircraft.
- In April 2018, AMETEK signed an agreement with AAR to provide power distribution units, starter generators, generator control units, primary and secondary power distribution for commercial aircraft, regional transport aircraft, and helicopter markets.
- In November 2018, Honeywell received a contract from the US Air Force worth USD 1,036.0 million to provide logistics support for secondary power systems and ground-based auxiliary power systems for multiple aircraft types.
Frequently Asked Questions (FAQ):
What is the current size of the global aircraft electrical systems market?
The global aircraft electrical systems market is estimated to be USD 826 million in 2020 and projected to reach USD 1,987 million by 2030, at CAGR of 9.2%
Who is the COVID-19 impact on aircraft electrical systems in the global market?
Due to COVID-19 outbreak there has been reduction passenger travel demand across region, which has negatively impacted he aviation industry across the globe. According to the latest estimates, passenger demand have been dropped from 187 million baseline for 2020 by 2,291 to 3,061 million (international by 1,105 to 1,437 million and domestic by 1,186 to 1,623 million). This demand level would be 2,104 to 2,874 million (international by 1,033 to 1,366 million and domestic by 1,071 to 1,508 million) below the 2019 level. The most substantial demand reduction (in total number) is expected to be in Asia/Pacific, followed by Europe, hitting its summer travel peak season. With such impact on aviation industry electrical systems market is expected to witness negative impact on the global market.
Which battery technology advancement is expected in coming years to be used in the aircraft?
Advancement in lithium batteries such as lithium-sulfur battery (Li-S), a type of rechargeable battery recognized for its high specific energy is expected to witness advancement in coming future.
How will power generation drive the aircraft electrical systems market?
Developments of electric power generation systems such as advanced battery system and other alternatives such as fuel cells and solar cells expected to drive the aircraft electrical systems market.
Which are the hybrid electric technologies are used in the aircraft systems for propulsion?
Solar powered, battery powered and fuel cell powered are some of the hybrid electric technologies used in aircraft propulsion. .
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TABLE OF CONTENT
1INTRODUCTION
1.1Objectives of the Study
1.2Definition
1.3Market Scope
1.3.1Aircraft electrical systems market segmentation
1.3.2Regional scope
1.3.3Years considered for the study
1.4Currency
1.5Limitations
1.6Market Stakeholders
1.7Summary of Changes
Figure 1 Aircraft electrical systems market to grow at a higher rate compared to previous report estimates
2RESEARCH METHODOLOGY
2.1Research Data
Figure 2 Research process flow
Figure 3 Aircraft electrical system: Research design
2.1.1Secondary data
2.1.1.1 Key data from secondary sources
2.1.2Primary data
2.1.2.1Key data from primary sources
2.1.3Market definition & scope
2.1.4Segment definitions
2.1.4.1Aircraft electrical systems market, by end user
2.1.4.2Aircraft electrical systems market, by system
2.1.4.3Aircraft electrical systems market, by component
2.1.4.4Aircraft electrical systems market, by application
2.1.4.5Aircraft electrical systems market, by platform
2.2Research Approach & Methodology
2.2.1Bottom-up approach
2.2.1.1COVID-19 impact on aircraft electrical systems market
2.2.1.2Regional aircraft electrical system
2.2.1.3Aircraft electrical system market for system segment
2.2.1.4Aircraft electrical system market for the component segment
2.2.1.5Aircraft electrical system market for the end user segment
Figure 4 Market size estimation methodology: Bottom-up approach
2.2.2Top-down approach
Figure 5 Market size estimation methodology: Top-down approach
2.2.3Pricing analysis
2.3Triangulation & Validation
2.3.1Triangulation through secondary
Figure 6 Data triangulation
2.4 Research Assumptions
2.4.1Market Sizing
2.4.2Market forecasting
Figure 7 Assumptions of the research study
2.5Risks
2.5.1Limitations/grey areas
2.5.1.1Pricing
2.5.1.2Market size & CAGR
3EXECUTIVE SUMMARY
Figure 8 By end user, OEM segment to account for largest share of the aircraft electrical systems market during the forecast period
Figure 9 By system, power generation segment estimated to dominate the aircraft electrical systems market during the forecast period
Figure 10 North America estimated to account for the largest share of the aircraft electrical systems market in 2020
4PREMIUM INSIGHTS
4.1Attractive Opportunities in the Aircraft Electrical Systems Market, 2020-2030
Figure 11 Increasing demand for fuel efficient aircraft to drive the aircraft electrical systems market during the forecast period
4.2 Aircraft Electrical Systems Market, By End User
Figure 12 OEM segment to lead the aircraft electrical systems market during the forecast period
4.3Aircraft Electrical Systems Market, By Component
Figure 13 Generators segment to lead the aircraft electrical systems market during the forecast period
4.4Aircraft Electrical Systems Market, By Country
Figure 14 Aircraft electrical systems market in India to witness the highest CAGR during the forecast period
5MARKET OVERVIEW
5.1Introduction
5.2Market Dynamics
Figure 15 Aircraft electrical systems market dynamics
5.2.1Drivers
5.2.1.1Advancements in high-density battery solutions for electric aircraft
5.2.1.2Optimized aircraft performance through the use of more electric technology
5.2.2Opportunities
5.2.2.1Lightweight wiring in aircraft electrical systems
Table 1 Length of wire, by aircraft
5.2.2.2Technological advancements in aircraft electrical systems
5.2.3Challenges
5.2.3.1Stringent regulatory norms
5.2.3.2Power density and efficiency
5.2.3.3Economic challenges faced by aviation indus try due to COVID-19
Table 2 COVID-19 impact on passenger numbers and passenger revenue
5.3Average Selling Price Trend
Figure 16 Average selling price trend (20182020)
5.4Value Chain Analysis
Figure 17 Value chain analysis: Aircraft electrical systems
5.5Company Vs Market Heat Map
Figure 18 Companies areas of operations and end user presence
5.6Technology of Electric Component
5.6.150kg electric motor
5.6.2Fuel cell technology
Figure 19 Futuristic fuel cell system in airbus aircraft
5.6.3Advanced Batteries
Table 3 Types of advanced aircraft batteries: Comparative study
5.6.3.1Lithium-Sulfur (Li-S)
5.6.4Distributed Electric Propulsion (DEP)
5.7Trade Data Statistics
Table 4 Trade data table for transformer
6INDUS TRY TRENDS
6.1Introduction
Figure 20 Aircraft electrical power demand
6.2Technology Trends
6.2.1No-bleed systems aircraft architecture
6.2.2Hybrid or electric propulsion system design
Figure 21 Propulsion system design
Table 5 Single aisle aircraft level system studies: NASA
6.2.3Electric actuation system
6.3Adoption of Electrical System by Various Aircraft Type
6.4Electric and Hybrid Aircraft Programs in 2019
Table 6 Electric and hybrid aircraft programs, 2019
6.5Nasa Concept Electric Aircraft Programs
Table 7 Electric and hybrid aircraft programs
6.6NASA Future Aircraft Component Case Studies
6.6.1NASA future aircraft electric machines
6.6.2NASA future aircraft converters
6.6.3NASA future aircraft materials
6.6.3.1Soft magnetic materials
6.6.3.2New insulation materials
6.6.3.3High-conductivity copper/carbon nanotube conductor
6.6.3.4Development of the superconducting wire
6.7Innovation & Patent Registrations
Table 8 Innovation & patent registrations
6.8Impact of Mega Trend SUS tainable Aviation Fluid
7 AIRCRAFT ELECTRICAL SYSTEMS MARKET, BY END US ER
7.1Impact of COVID-19 on End Users of Aircraft Electrical Systems
7.1.1Most impacted end user segment
7.1.2Least impacted end user segment
Figure 22 OEM segment to lead the aircraft electrical systems market during the forecast period
Table 9 Aircraft electrical systems market, by end-user, 20162019 (USD Million)
Table 10 Aircraft electrical systems market, by end-user, 20202030 (USD Million)
7.2Original Equipment Manufacturer (OEM)
7.2.1Post COVID-19 aircraft deliveries are expected to drive the demand for aircraft OEM end user segment
7.3Aftermarket
7.3.1Post COVID-19 rise in aircraft fleet size for maintenance is one of the driving factor fueling the growth of aftermarket
8AIRCRAFT ELECTRICAL SYSTEMS MARKET, BY PLATFORM
8.1Impact of COVID-19 on Platforms of Aircraft Electrical Systems
8.1.1Most impacted platform segment
8.1.1.1Commercial aviation
8.1.1.2Business and general aviation
8.1.2Least impacted platform segment
8.1.2.1Military aviation
Table 11 Boeing military aircraft deliveries, 2019 vs 2020
Figure 23 Post COVID-19, commercial aviation segment to lead the aircraft electrical systems market during the forecast period
Table 12 Aircraft electrical systems market, by platform, 20162019 (USD Million)
Table 13 Aircraft electrical systems market, by platform, 20202030 (USD Million)
8.2Commercial AVIATION
Table 14 Commercial aviation: Aircraft electrical systems market, by aircraft type, 20162019 (USD Million)
Table 15 Commercial aviation: Aircraft electrical systems market, by aircraft type, 20202030 (USD Million)
8.2.1Narrow Body Aircraft (NBA)
8.2.1.1Advancements in the hydraulic and pneumatic aircraft systems are driving the demand for narrow body aircraft
8.2.2Wide Body Aircraft (WBA)
8.2.2.1Post COVID increase in passenger travel will raise the demand for wide body aircraft
8.2.3Very Large Aircraft (VLA)
8.2.3.1Demand for fuel-efficient aircraft drives the very large aircraft market
8.2.4Regional Transport Aircraft (RTA)
8.2.4.1Increase in the use of fly-by-wire technology fueling the demand for regional transport aircraft, worldwide
8.3Military Aviation
Table 16 Military aviation: Aircraft electrical systems market, by aircraft type, 20162019 (USD Million)
Table 17 Military aviation: Aircraft electrical systems market, by aircraft type, 20202030 (USD Million)
8.3.1Fighter Jets
8.3.1.1Growing procurement of fighter jets due to increasing military budgets
8.3.2 Transport aircraft
8.3.2.1Increasing use of transport aircraft in military operations
8.3.3 Military helicopters
8.3.3.1Increasing use of helicopters in combat and search & rescue operations
8.3.4Unmanned Aerial Vehicles
8.3.4.1Increased deployment of uavs to carry out aerial remote sensing
8.4Bus Iness & General Aviation
8.4.1Bus iness jets
8.4.1.1Rising number of private aviation companies across the globe
8.4.2Helicopters
8.4.2.1Increasing demand for helicopters for corporate and civil applications
Table 18 Business & general aviation: Aircraft electrical systems market, by aircraft type, 20162019 (USD Million)
Table 19 Business & general aviation: Aircraft electrical systems market, by aircraft type, 20202030 (USD Million)
9AIRCRAFT ELECTRICAL SYSTEMS MARKET, BY SYSTEM
9.1Introduction
Figure 24 Power generation segment to grow at the highest CAGR during the forecast period
Table 20 Aircraft electrical systems market size, by system, 20162019 (USD Million)
Table 21 Aircraft electrical systems market size, by system, 20202030 (USD Million)
9.2Power Generation
9.2.1Increasing demand for more electric architecture aircraft fueling the growth of the power generation segment
9.3Power Distribution
9.3.1 The trend towards developing electrical components is influencing the growth of power distribution segment
9.4Power Conversion
9.4.1 Increase in operational efficiency & reduction in total aircraft system weight drive the demand for power conversion
9.5Energy Storage
9.5.1 Increasing use of advanced battery & fuel cell systems boosting the demand for energy storage
10AIRCRAFT ELECTRICAL SYSTEMS MARKET, BY COMPONENT
10.1Introduction
Figure 25 Generators segment estimated to lead the aircraft electrical systems market during the forecast period
Table 22 Aircraft electrical systems market, by component, 20162019 (USD Million)
Table 23 Aircraft electrical systems market size, by component, 20202030 (USD Million)
10.2Generators
Table 24 Generators: Aircraft electrical systems market, by type, 20162019 (USD Million)
Table 25 Generators: Aircraft electrical systems market, by type, 20202030 (USD Million)
10.2.1Starter generator
10.2.1.1Key market players are developing starter generators that provide advanced performance, reduced maintenance, and lower costs of operation
10.2.2Auxiliary Power Unit (APU)
10.2.2.1Key market players are entering into joint ventures to design and develop APUs
10.2.3Integrated Drive Generator (IDG)
10.2.3.1IDGs are installed in varioUS aircraft, such as B747, B757, A320, and A330
10.2.4Variable speed constant frequency (VSCF) generator
10.2.4.1A350 and B787 are some of the aircraft using variable frequency generators
10.2.5Generator Control Unit (GCU)
10.2.5.1GCU is installed on each engine-driven generator and on the APU generator
10.3Conversion Devices
Table 26 Conversion devices: Aircraft electrical systems market, by type, 20162019 (USD Million)
Table 27 Conversion devices: Aircraft electrical systems market, by type, 20202030 (USD Million)
10.3.1Inverter
10.3.1.1Inverter is one of the conversion devices that converts DC into AC
10.3.2Converter
10.3.2.1Power converters provide high-quality DC electrical power for aerospace networks
10.3.3Transformer Rectifier Unit (TRU)
10.3.3.1TRU converts the 120V AC power generated by the engine or APU generators
10.4Distribution Devices
Table 28 Distribution devices: Aircraft electrical systems market, by type, 20162019 (USD Million)
Table 29 Distribution devices: Aircraft electrical systems market, by type, 20202030 (USD Million)
10.4.1Wires & cables
10.4.1.1Shift toward more electric aircraft has increased demand for wires & cables
10.4.2Connectors & connector accessories
10.4.2.1Increased demand for well-connected wiring systems
10.4.3Busbars
10.4.3.1Increased demand for efficient busbars
10.5Battery Management Systems
10.5.1increasing need for technologically advanced batteries for more electric aircraft
10.6Others
11AIRCRAFT ELECTRICAL SYSTEMS MARKET, BY APPLICATION
11.1Introduction
Figure 26 Flight control & operation segment to lead the aircraft electrical systems market during the forecast period
Table 30 Aircraft electrical systems market size, by application, 20162019 (USD Million)
Table 31 Aircraft electrical systems market size, by application, 20202030 (USD Million)
11.2Power Generation Management
11.2.1Increase in electrical power requirements on aircraft fueling the growth of the power generation management segment
11.3Flight Control & Operation
11.3.1Increasing use of hydraulic power in aircraft engines driving the flight control & operations segment
11.4Cabin System
11.4.1High investments for passenger comfort is a major factor driving the cabin system segment
11.5Configuration Management
11.5.1Increasing production of electrically-propelled aircraft is driving the configuration management segment
11.6Air Pressurization & Conditioning
11.6.1Increasing fuel efficiency drives the air pressurization & conditioning segment
12AIRCRAFT ELECTRICAL SYSTEMS MARKET, BY TECHNOLOGY
12.1Introduction
Figure 27 Electric technology is projected to grow at the highest CAGR during the forecast period
Table 32 Aircraft electrical systems market, by technology, 2016-2019 (USD Million)
Table 33 Aircraft electrical systems market, by technology, 2020-2030 (USD Million)
12.2Conventional
12.2.1Transformation from conventional combustion engines to fully electric power source
12.3More Electric
12.3.1The growing need to optimize aircraft performance boosts growth of the more electric aircraft market
12.3.2More electric aircraft programs, by category
Table 34 More electric aircraft programs, by category
12.4Electric
Table 35 Aircraft electrical systems market, by electric technology, 2020-2030 (USD Million)
12.4.1Hybrid electric
12.4.1.1Increased investments expected by NASA in aircraft hybrid electric technology
12.4.1.2Hybrid electric aircraft programs, by category
Table 36 Hybrid electric aircraft programs, by category
12.4.2Fully electric
12.4.2.1Increasing investments planned for electrical systems and electrical-intensive architectures
12.4.2.2Fully electric aircraft programs, by category
Table 37 Fully electric aircraft programs, by category
13AIRCRAFT ELECTRICAL SYSTEMS OEM MARKET, BY REGION
13.1Impact of COVID-19 on Aircraft Electrical Systems Market, by Region
Figure 28 COVID-19 impact on international passenger traffic and revenues, by region in 2020
Table 38 Aircraft electrical systems OEM market size, by region, 20162019 (USD Million)
Table 39 Aircraft electrical systems OEM market size, by region, 20202030 (USD Million)
Table 40 Aircraft electrical systems OEM market size, by system, 20162019 (USD Million)
Table 41 Aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 42 Aircraft electrical systems OEM market size, by component, 20162019 (USD Million)
Table 43 Aircraft electrical systems OEM market size, by component, 20202030 (USD Million)
Table 44 Aircraft electrical systems OEM market size, by generators, 20162019 (USD Million)
Table 45 Aircraft electrical systems OEM market size, by generators, 20202030 (USD Million)
Table 46 Aircraft electrical systems OEM market size, by conversion devices, 20162019 (USD Million)
Table 47 Aircraft electrical systems OEM market size, by conversion devices, 20202030 (USD Million)
Table 48 Aircraft electrical systems OEM market size, by distribution devices, 20162019 (USD Million)
Table 49 Aircraft electrical systems OEM market size, by distribution devices, 20202030 (USD Million)
Table 50 Aircraft electrical systems OEM market size, by application, 20162019 (USD Million)
Table 51 Aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 52 Aircraft electrical systems OEM market size, by platform, 20162019 (USD Million)
Table 53 Aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
Table 54 Aircraft electrical systems OEM market size, by commercial aviation platform, 20162019 (USD Million)
Table 55 Aircraft electrical systems OEM market size, by commercial aviation platform, 20202030 (USD Million)
Table 56 Aircraft electrical systems OEM market size, by military aviation platform, 20162019 (USD Million)
Table 57 Aircraft electrical systems OEM market size, by military aviation platform, 20202030 (USD Million)
Table 58 Aircraft electrical systems OEM market size, by business and general aviation platform, 20162019 (USD Million)
Table 59 Aircraft electrical systems OEM market size, by business and general aviation platform, 20202030 (USD Million)
13.2North America
13.2.1COVID-19 restrictions in North America
13.2.2North America: Average selling price trend
Figure 29 North America: Average selling price trend
13.2.3Pestle analysis: North America
Figure 30 North America: Aircraft electrical systems OEM market snapshot
Table 60 North America aircraft electrical systems OEM market size, by system, 20162019 (USD Million)
Table 61 North America aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 62 North America aircraft electrical systems OEM market size, by component, 20162019 (USD Million)
Table 63 North America aircraft electrical systems OEM market size, by component, 20202030 (USD Million)
Table 64 North America aircraft electrical systems OEM market size, by platform, 20162019 (USD Million)
Table 65 North America aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
Table 66 North America aircraft electrical systems OEM market size, by country, 20162019 (USD Million)
Table 67 North America aircraft electrical systems OEM market size, by country, 20202030 (USD Million)
13.2.4US
Table 68 US aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 69 US aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 70 US aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.2.5Canada
Table 71 Canada aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 72 Canada aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 73 Canada aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.3Europe
13.3.1COVID-19 restrictions in Europe
13.3.2Europe: Average selling price trend
Figure 31 Europe: Average selling price trend
13.3.3Pestle analysis: Europe
13.3.3.1Political
13.3.3.2Economical
13.3.3.3Social
13.3.3.4Technological
13.3.3.5Legal
13.3.3.6Environmental
Figure 32 Europe: Aircraft electrical systems OEM market snapshot
Table 74 Europe aircraft electrical systems OEM market size, by system, 20162019 (USD Million)
Table 75 Europe aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 76 Europe aircraft electrical systems OEM market size, by component, 20162019 (USD Million)
Table 77 Europe aircraft electrical systems OEM market size, by component, 20202030 (USD Million)
Table 78 Europe OEM aircraft electrical systems market size, by application, 20162019 (USD Million)
Table 79 Europe OEM aircraft electrical systems market size, by application, 20202030 (USD Million)
Table 80 Europe aircraft electrical systems OEM market size, by platform, 20162019 (USD Million)
Table 81 Europe aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
Table 82 Europe aircraft electrical systems OEM market size, by country, 20162019 (USD Million)
Table 83 Europe aircraft electrical systems OEM market size, by country, 20202030 (USD Million)
13.3.4France
Table 84 France aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 85 France aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 86 France aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.3.5Germany
Table 87 Germany aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 88 Germany aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 89 Germany aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.3.6UK
Table 90 UK aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 91 UK aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 92 UK aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.3.7Italy
Table 93 Italy aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 94 Italy aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 95 Italy aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.3.8Rest of Europe
Table 96 Rest of Europe aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 97 Rest of Europe aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 98 Rest of Europe aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.4Asia Pacific
13.4.1Asia Pacific COVID-19 restrictions
13.4.2Asia Pacific: Average selling price trend
Figure 33 Asia Pacific: Average selling price trend
13.4.3Pestle analysis: Asia Pacific
Figure 34 Asia Pacific: Aircraft electrical systems OEM market snapshot
Table 99 Asia Pacific aircraft electrical systems OEM market size, by system, 20162019 (USD Million)
Table 100 Asia Pacific aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 101 Asia Pacific aircraft electrical systems OEM market size, by component, 20162019 (USD Million)
Table 102 Asia Pacific aircraft electrical systems OEM market size, by component, 20202030 (USD Million)
Table 103 Asia Pacific OEM aircraft electrical systems market size, by application, 20162019 (USD Million)
Table 104 Asia Pacific OEM aircraft electrical systems market size, by application, 20202030 (USD Million)
Table 105 Asia Pacific aircraft electrical systems OEM market size, by platform, 20162019 (USD Million)
Table 106 Asia Pacific aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
Table 107 Asia Pacific aircraft electrical systems OEM market size, by country, 20162019 (USD Million)
Table 108 Asia Pacific aircraft electrical systems OEM market size, by country, 20202030 (USD Million)
13.4.4Russia
Table 109 Russiaaircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 110 Russiaaircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 111 Russiaaircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.4.5Japan
Table 112 Japan aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 113 Japan aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 114 Japan aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.4.6China
Table 115 China aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 116 China aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 117 China aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.4.7India
Table 118 India aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 119 India aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 120 India aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.5Middle East
13.5.1Middle East COVID-19 restrictions
13.5.2Middle East: Average selling price trend
Figure 35 Middle East: Average selling price trend
13.5.3Pestle analysis: Middle East
Table 121 Middle East aircraft electrical systems OEM market size, by system, 20162019 (USD Million)
Table 122 Middle East aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 123 Middle East aircraft electrical systems OEM market size, by component, 20162019 (USD Million)
Table 124 Middle East aircraft electrical systems OEM market size, by component, 20202030 (USD Million)
Table 125 Middle East OEM aircraft electrical systems market size, by application, 20162019 (USD Million)
Table 126 Middle East OEM aircraft electrical systems market size, by application, 20202030 (USD Million)
Table 127 Middle East aircraft electrical systems OEM market size, by platform, 20162019 (USD Million)
Table 128 Middle East aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
Table 129 Middle East aircraft electrical systems OEM market size, by country, 20162019 (USD Million)
Table 130 Middle East aircraft electrical systems OEM market size, by country, 20202030 (USD Million)
13.5.4Israel
Table 131 Israel aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 132 Israel aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 133 Israel aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
13.6Rest of The World
13.6.1Rest of the World COVID-19 restrictions
13.6.2Rest of the World: Average selling price trend
Figure 36 Rest of the World: Average selling price trend
13.6.3Pestle analysis: Rest of the World
Table 134 Rest of the World aircraft electrical systems OEM market size, by system, 20162019 (USD Million)
Table 135 Rest of the World aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 136 Rest of the World aircraft electrical systems OEM market size, by component, 20162019 (USD Million)
Table 137 Rest of the World aircraft electrical systems OEM market size, by component, 20202030 (USD Million)
Table 138 Rest of the World OEM aircraft electrical systems market size, by application, 20162019 (USD Million)
Table 139 Rest of the World OEM aircraft electrical systems market size, by application, 20202030 (USD Million)
Table 140 Rest of the World aircraft electrical systems OEM market size, by platform, 20162019 (USD Million)
Table 141 Rest of the World aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
Table 142 Rest of the World aircraft electrical systems OEM market size, by region, 20162019 (USD Million)
Table 143 Rest of the World aircraft electrical systems OEM market size, by region, 20202030 (USD Million)
13.6.4Latin America
Table 144 Latin America aircraft electrical systems OEM market size, by system, 20202030 (USD Million)
Table 145 Latin America aircraft electrical systems OEM market size, by application, 20202030 (USD Million)
Table 146 Latin America aircraft electrical systems OEM market size, by platform, 20202030 (USD Million)
14AIRCRAFT ELECTRICAL SYSTEMS AFTERMARKET, BY REGION
14.1Introduction
Figure 37 North America estimated to account for the largest share of the aircraft electrical systems aftermarket in 2020
Table 147 Aircraft electrical systems aftermarket size, by region, 20162019 (USD Million)
Table 148 Aircraft electrical systems aftermarket size, by region, 20202030 (USD Million)
Table 149 Aircraft electrical systems aftermarket size, by system, 20162019 (USD Million)
Table 150 Aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 151 Aircraft electrical systems aftermarket size, by component, 20162019 (USD Million)
Table 152 Aircraft electrical systems aftermarket size, by component, 20202030 (USD Million)
Table 153 Aircraft electrical systems aftermarket size, by generators, 20162019 (USD Million)
Table 154 Aircraft electrical systems aftermarket size, by generators, 20202030 (USD Million)
Table 155 Aircraft electrical systems aftermarket size, by conversion devices, 20162019 (USD Million)
Table 156 Aircraft electrical systems aftermarket size, by conversion devices, 20202030 (USD Million)
Table 157 Aircraft electrical systems aftermarket size, by distribution devices, 20162019 (USD Million)
Table 158 Aircraft electrical systems aftermarket size, by distribution devices, 20202030 (USD Million)
Table 159 Aircraft electrical systems aftermarket size, by application, 20162019 (USD Million)
Table 160 Aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 161 Aircraft electrical systems aftermarket size, by platform, 20162019 (USD Million)
Table 162 Aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
Table 163 Aircraft electrical systems aftermarket size, by commercial aviation platform, 20162019 (USD Million)
Table 164 Aircraft electrical systems aftermarket size, by commercial aviation platform, 20202030 (USD Million)
Table 165 Aircraft electrical systems aftermarket size, by military aviation platform, 20162019 (USD Million)
Table 166 Aircraft electrical systems aftermarket size, by military aviation platform, 20202030 (USD Million)
Table 167 Aircraft electrical systems aftermarket size, by bus iness and general aviation platform, 20162019 (USD Million)
Table 168 Aircraft electrical systems aftermarket size, by bus iness and general aviation platform, 20202030 (USD Million)
14.2North America
Figure 38 North America: Aircraft electrical systems aftermarket snapshot
Table 169 North America aircraft electrical systems aftermarket size, by system, 20162019 (USD Million)
Table 170 North America aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 171 North America aircraft electrical systems aftermarket market size, by component, 20162019 (USD Million)
Table 172 North America aircraft electrical systems aftermarket market size, by component, 20202030 (USD Million)
Table 173 North America aftermarket aircraft electrical systems market size, by application, 20162019 (USD Million)
Table 174 North America aftermarket aircraft electrical systems market size, by application, 20202030 (USD Million)
Table 175 North America aircraft electrical systems aftermarket market size, by platform, 20162019 (USD Million)
Table 176 North America aircraft electrical systems aftermarket market size, by platform, 20202030 (USD Million)
Table 177 North America aircraft electrical systems aftermarket market size, by country, 20162019 (USD Million)
Table 178 North America aircraft electrical systems aftermarket market size, by country, 20202030 (USD Million)
14.2.1US
Table 179 US aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 180 US aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 181 US aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.2.2Canada
Table 182 Canada aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 183 Canada aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 184 Canada aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.3Europe
Figure 39 Europe: Aircraft electrical systems aftermarket snapshot
Table 185 Europe aircraft electrical systems aftermarket size, by system, 20162019 (USD Million)
Table 186 Europe aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 187 Europe aircraft electrical systems aftermarket size, by component, 20162019 (USD Million)
Table 188 Europe aircraft electrical systems aftermarket size, by component, 20202030 (USD Million)
Table 189 Europe aircraft electrical systems aftermarket size, by application, 20162019 (USD Million)
Table 190 Europe aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 191 Europe aircraft electrical systems aftermarket size, by platform, 20162019 (USD Million)
Table 192 Europe aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
Table 193 Europe aircraft electrical systems aftermarket size, by country, 20162019 (USD Million)
Table 194 Europe aircraft electrical systems aftermarket size, by country, 20202030 (USD Million)
14.3.1France
Table 195 France aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 196 France aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 197 France aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.3.2Germany
Table 198 Germany aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 199 Germany aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 200 Germany aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.3.3UK
Table 201 UK aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 202 UK aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 203 UK aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.3.4Italy
Table 204 Italy aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 205 Italy aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 206 Italy aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.3.5Rest of Europe
Table 207 Rest of Europe aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 208 Rest of Europe aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 209 Rest of Europe aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.4Asia Pacific
Figure 40 Asia Pacific: Aircraft electrical systems aftermarket snapshot
Table 210 Asia Pacific aircraft electrical systems aftermarket size, by system, 20162019 (USD Million)
Table 211 Asia Pacific aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 212 Asia Pacific aircraft electrical systems aftermarket size, by component, 20162019 (USD Million)
Table 213 Asia Pacific aircraft electrical systems aftermarket size, by component, 20202030 (USD Million)
Table 214 Asia Pacific electrical systems aftermarket size, by application, 20162019 (USD Million)
Table 215 Asia Pacific electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 216 Asia Pacific aircraft electrical systems aftermarket size, by platform, 20162019 (USD Million)
Table 217 Asia Pacific aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
Table 218 Asia Pacific aircraft electrical systems aftermarket size, by country, 20162019 (USD Million)
Table 219 Asia Pacific aircraft electrical systems aftermarket size, by country, 20202030 (USD Million)
14.4.1Russia
Table 220 Russia aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 221 Russia aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 222 Russia aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.4.2Japan
Table 223 Japan aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 224 Japan aircraft electrical systems aftermarket size, y application, 20202030 (USD Million)
Table 225 Japan aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.4.3China
Table 226 China aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 227 China aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 228 China aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.4.4India
Table 229 India aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 230 India aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 231 India aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.4.5Rest of Asia Pacific
Table 232 Rest of Asia Pacific aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 233 Rest of Asia Pacific aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 234 Rest of Asia Pacific aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.5Middle East
Table 235 Middle East aircraft electrical systems aftermarket size, by system, 20162019 (USD Million)
Table 236 Middle East aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 237 Middle East aircraft electrical systems aftermarket size, by component, 20162019 (USD Million)
Table 238 Middle East aircraft electrical systems aftermarket size, by component, 20202030 (USD Million)
Table 239 Middle East electrical systems aftermarket size, by application, 20162019 (USD Million)
Table 240 Middle East electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 241 Middle East aircraft electrical systems aftermarket size, by platform, 20162019 (USD Million)
Table 242 Middle East aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
Table 243 Middle East aircraft electrical systems aftermarket size, by country, 20162019 (USD Million)
Table 244 Middle East aircraft electrical systems aftermarket size, by country, 20202030 (USD Million)
14.5.1Israel
Table 245 Israel aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 246 Israel aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 247 Israel aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.5.2UAE
Table 248 UAE aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 249 UAE aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 250 UAE aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.5.3Saudi Arabia
Table 251 Saudi Arabia aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 252 Saudi Arabia aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 253 Saudi Arabia aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.5.4Rest Middle East
Table 254 Rest Middle East aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 255 Rest Middle East aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 256 Rest Middle East aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.6Rest 0f The World
Table 257 Rest of the World aircraft electrical systems aftermarket size, by system, 20162019 (USD Million)
Table 258 Rest of the World aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 259 Rest of the World aircraft electrical systems aftermarket size, by component, 20162019 (USD Million)
Table 260 Rest of the World aircraft electrical systems aftermarket size, by component, 20202030 (USD Million)
Table 261 Rest of the World electrical systems aftermarket size, by application, 20162019 (USD Million)
Table 262 Rest of the World electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 263 Rest of the World aircraft electrical systems aftermarket size, by platform, 20162019 (USD Million)
Table 264 Rest of the World aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
Table 265 Rest of the World aircraft electrical systems aftermarket size, by country, 20162019 (USD Million)
Table 266 Rest of the World aircraft electrical systems aftermarket size, by country, 20202030 (USD Million)
14.6.1Latin America
Table 267 Latin America aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 268 Latin America aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 269 Latin America aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
14.6.2Africa
Table 270 Africa aircraft electrical systems aftermarket size, by system, 20202030 (USD Million)
Table 271 Africa aircraft electrical systems aftermarket size, by application, 20202030 (USD Million)
Table 272 Africa aircraft electrical systems aftermarket size, by platform, 20202030 (USD Million)
15COMPETITIVE LANDSCAPE
15.1Introduction
15.1.1Market evaluation framework
Figure 41 Market evaluation framework: Contracts, joint ventures, partnerships, and collaborations observed to be leading strategies for top players in 2018, 2019 and 2020
15.2OEM Competitive Leadership Mapping
15.2.1Visionary leaders
15.2.2Innovators
15.2.3Dynamic differentiators
15.2.4Emerging companies
Figure 42 Aircraft electrical systems market OEM competitive leadership mapping, 2020
15.3Ranking of Key Players, 2020
Figure 43 Market ranking of top players in the aircraft electrical systems market, 2020
15.4Competitive Scenario
15.4.1New product launches
Table 273 New product launches, 20182020
15.4.2Mergers and acquisitions
Table 274 Mergers and acquisitions, 20182020
15.4.3Contracts
Table 275 Contracts, 20182020
15.4.4Agreements, partnerships, & joint ventures
Table 276 Agreements, partnerships & joint ventures, 20182020
16COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
16.1SAFRAN
Figure 44 SAFRAN: Company snapshot
Table 277 SAFRAN: SWOT analysis
16.2HONEYWELL INTERNATIONAL INC.
Figure 45 HONEYWELL INTERNATIONAL INC.: Company snapshot
Table 278 HONEYWELL INTERNATIONAL INC.: SWOTanalysis
16.3THALES GROUP
Figure 46 THALES GROUP: Company snapshot
Table 279 THALES GROUP: SWOT analysis
16.4UNITED TECHNOLOGIES CORPORATION
Figure 47 UNITED TECHNOLOGIES CORPORATION: Company snapshot
Table 280 UNITED TECHNOLOGIES CORPORATION: SWOTanalysis
16.5GE AVIATION
Figure 48 GE AVIATION: Company snapshot
Table 281 GE AVIATION: SWOT analysis
16.6ASTRONICS CORPORATION
Figure 49 ASTRONICS CORPORATION: Company snapshot
16.7AMPHENOL CORPORATION
Figure 50 AMPHENOL CORPORATION: Company snapshot
16.8AMETEK
Figure 51 AMETEK: Company snapshot
16.9ESTERLINE TECHNOLOGIES (TRANSDIGM GROUP)
Figure 52 ESTERLINE TECHNOLOGIES: Company snapshot
16.10MEGGITT
Figure 53 MEGGITT: Company snapshot
16.11CRANE AEROSPACE & ELECTRONICS
Figure 54 CRANE AEROSPACE & ELECTRONICS: Company snapshot
16.12HARTZELL ENGINE TECHNOLOGIES
16.13PBS AEROSPACE
16.14NABTESCO CORPORATION
Figure 55 NABTESCO: Company snapshot
16.15AVIONIC INSTRUMENTS, LLC
16.16RADIANT POWER CORPORATION
16.17EAGLEPICHER TECHNOLOGIES, LLC
16.18PIONEER MAGNETICS
16.19CARLISLE INTERCONNECT TECHNOLOGIES
Figure 56 CARLISLE INTERCONNECT TECHNOLOGIES: Company snapshot
16.20BAE SYSTEMS
Figure 57 BAE Systems: Company snapshot
16.21Startup/SME Profiles
16.21.1DELOREAN AEROSPACE
16.21.2POWEROASIS
16.21.3SYNERGY AIRCRAFT
16.21.4ZEE AERO
16.21.5AIRSPACEX (DETROIT AIRCRAFT CORPORATION)
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
17AIRCRAFT ELECTRICAL SYSTEMS ADJACENT MARKETS
17.1Introduction
17.2Aircraft Electrification Market, By System
Figure 58 Aircraft systems segment to lead aircraft electrification market in 2022
Table 282 Aircraft electrification market, by system, 20222030 (USD Million)
17.2.1Propulsion systems
17.2.1.1Airbus S.A.S. (Netherlands), Rolls-Royce (UK), and Siemens AG (Germany) entered into a partnership to develop the E-Fan X hybrid-electric technology for aircraft
17.2.2Aircraft systems
17.2.2.1Aerospatiale (France) was the first company to develop and equip electrical aircraft systems
17.3Electrical Wiring Interconnection Systems Market, By Component
Figure 59 Wires & cables segment of the ewis market projected to grow at the highest CAGR from 2018 to 2023
Table 283 Ewis market, by component, 2016−2023 (USD Million)
17.3.1Wires & cables
17.3.1.1Shift toward more electric aircraft leading to increased demand for wire & cables
17.3.2Connectors & connector accessories
17.3.2.1Increased demand for well connected wiring systems
17.3.3Electrical grounding & bonding devices
17.3.3.1Safe passage for the flow of electricity fuels the requirement for grounding & bonding devices in aircraft
17.3.4Electrical splices
17.3.4.1Increased requirement of insulated electrical splices
17.3.5Protection materials
17.3.5.1Requirement for ensuring safety and maintenance of electrical wiring interconnection systems
17.3.6Clamps
17.3.6.1Support system for wires & cables
17.3.7Pressure seals
17.3.7.1Increased demand for reliable pressure seals to operate in extreme environments
17.3.8Others
18APPENDIX
18.1Discussion Guide
18.2Knowledge Store: MarketsandMarkets Subscription Portal
18.3Available Customization
18.4Related Reports
18.5Author Details
The study considered major activities to estimate the current market size for aircraft electrical systems. Exhaustive secondary research was undertaken to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers, Bloomberg, BusinessWeek, and Aerospace Magazines were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases.
Primary Research
The aircraft electrical systems market comprises several stakeholders, such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by various end users, such as OEMs and aftermarket players. The supply side is characterized by advancements in aircraft component technology and the development of more electric aircraft. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Approximately 70% and 30% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report.
After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts opinions, has led us to the findings as described in the remainder of this report.
Following is the breakdown of primary respondents
Market Size Estimation
The bottom-up approach was employed to arrive at the overall size of the aircraft electrical systems market.
- In this approach, the number of aircraft deliveries was mapped for each aircraft type, such as Narrow Body Aircraft (NBA), Wide Body Aircraft (WBA), Very Large Aircraft (VLA), business jets, and military aircraft and these numbers were further forecasted to 2030.
- Components that come under the aircraft electrical system were also analyzed, and the number of components installed in each aircraft type was mapped.
- Extensive secondary and primary research has been carried out to understand the global market scenario for various types of electric systems used in the aviation industry
- Qualitative aspects such as market drivers, restraints, opportunities, and challenges have been taken into consideration while calculating and forecasting the market size.
Aircraft Electric Systems Market Size: Bottom-Up Approach
Data Triangulation
After arriving at the overall market sizeusing the market size estimation processes as explained abovethe market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides, in the aircraft electrical systems market.
Report Objectives
- To define, describe, and forecast the aircraft electrical systems market on the basis of system, component, application, platform, end user, and region
- To identify and analyze key drivers, opportunities, and industry-specific challenges influencing the growth of the market
- To identify technology trends that are currently prevailing in the market
- To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
- To forecast the size of different segments of the with respect to various regions, including North America, Europe, Asia Pacific, the Middle East, and Rest of the World, along with key countries in each of these regions
- To profile leading players in the market on the basis of their product portfolios, financial positions, and key growth strategies
- To analyze the degree of competition in the aircraft electrical systems market by identifying key growth strategies, such as acquisitions, new product launches, contracts, joint ventures, partnerships, and agreements adopted by the leading market players
- To provide a detailed competitive landscape of the market, along with a market ranking analysis of key players
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to a companys specific needs.
- Additional country-level analysis of aircraft electric systems market
- Product matrix, which gives a detailed comparison of the product portfolio of each company
- Detailed analysis and profiles of additional market players (up to 5)
Report Code
AS 1865
Published ON
Jul, 2020
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