Aircraft Electrical Systems Market by System (Power Generation, Conversion, Distribution, Energy Storage), Component, Platform (Commercial Aviation, Military Aviation, Business & General Aviation), End-User, Application & Region - Global Forecast to 2025
[191 Pages Report] The aircraft electrical systems market is projected to grow from USD 29.9 billion in 2019 to USD 41.7 billion by 2025, at a CAGR of 5.67% 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. In a conventional aircraft, the majority of non-propulsive systems are driven by a combination of pneumatic, hydraulic, mechanical, and electric power sources.
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.
Key Market 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), Thales Group (France), and United Technologies Corporation (US). Safran, which specializes in aircraft electrical systems, has introduced new power electronics for aircraft, such as ETRAS (Electrical Thrust Reverser Actuation System) and EBAC (Electrical Braking Actuation Controller). These major technological advances, along with its expertise in engine and electrical wiring, will enable the company to offer innovative electrical systems to aircraft manufacturers in their forthcoming programs.
Thales is among the worlds top three suppliers of electrical aircraft power-generation and conversion systems. The company has been working intensively in this field for more than 60 years. Thales provides major innovative electrical solutions for commercial and military aircraft.
Recent Developments
- 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.
Key Questions Addressed by the Report
- What will be the revenue pockets for the aircraft electrical systems market in the next five years?
- Who are the leading manufacturers of aircraft electrical systems in the global market?
- What are the growth prospects of the aircraft electrical systems market?
- What are the major drivers impacting the aircraft electrical systems market?
- What are the latest technological trends in the market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 22)
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Aircraft Electrical Systems Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders
2 Research Methodology (Page No. - 26)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.3 Market Definition & Scope
2.1.4 Segments and Subsegments
2.1.5 Segment Definitions
2.1.5.1 Aircraft Electrical Systems Market, By End User
2.1.5.2 Aircraft Electrical Systems Market, By System
2.1.5.3 Aircraft Electrical Systems Market, By Component
2.1.5.4 Aircraft Electrical Systems Market, By Application
2.1.5.5 Aircraft Electrical Systems Market, By Platform
2.2 Research Approach & Methodology
2.2.1 Bottom-Up Approach
2.2.1.1 Regional Aircraft Electrical System
2.2.1.2 Aircraft Electrical System Market for System Segment
2.2.1.3 Aircraft Electrical System Market for the Component Segment
2.2.1.4 Aircraft Electrical System Market for the End User Segment
2.2.2 Top-Down Approach
2.2.3 Pricing Analysis
2.3 Triangulation & Validation
2.3.1 Triangulation Through Secondary
2.3.2 Triangulation Through Primaries
2.4 Research Assumptions
2.4.1 Market Sizing
2.4.2 Market Forecasting
2.5 Risks
2.5.1 Limitations/Grey Areas
2.5.1.1 Pricing
2.5.1.2 Market Size & CAGR
3 Executive Summary (Page No. - 39)
4 Premium Insights (Page No. - 42)
4.1 Attractive Opportunities in the Aircraft Electrical Systems Market, 20192025
4.2 Aircraft Electrical Systems Market, By End User
4.3 Aircraft Electrical Systems Market, By Component
4.4 Aircraft Electrical Systems Market, By Country
5 Market Overview (Page No. - 45)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Advancements in High-Density Battery Solutions for Electric Aircraft
5.2.1.2 Optimized Aircraft Performance Through the Use of More Electric Technology
5.2.2 Opportunities
5.2.2.1 Lightweight Wiring in Aircraft Electrical Systems
5.2.2.2 Technological Advancements in Aircraft Electrical Systems
5.2.3 Challenges
5.2.3.1 Stringent Regulatory Norms
5.2.3.2 Power Density and Efficiency
6 Industry Trends (Page No. - 49)
6.1 Introduction
6.2 Technology Trends
6.2.1 No-Bleed Systems Aircraft Architecture
6.2.2 Hybrid Or Electric Propulsion System Design
6.2.3 Fuel Cell Technology
6.2.4 Electric Actuation System
6.3 Adoption of Electrical System By Various Aircraft Type
6.4 Innovation & Patent Registrations
7 Aircraft Electrical Systems Market, By End User (Page No. - 54)
7.1 Introduction
7.2 Original Equipment Manufacturer (OEM)
7.2.1 Increasing Aircraft Deliveries are Expected to Drive the Demand for Aircraft OEM Services
7.3 Aftermarket
7.3.1 Increasing Aircraft Fleet Size is One of the Most Significant Fueling the Growth of Aftermarket
8 Aircraft Electrical Systems Market, By System (Page No. - 57)
8.1 Introduction
8.2 Power Generation
8.2.1 Increasing Demand for More Electric Architecture Aircraft Fueling the Growth of the Power Generation Segment
8.3 Power Distribution
8.3.1 The Trend Towards Developing Electrical Components is Influencing the Growth of Power Distribution Segment
8.4 Power Conversion
8.4.1 Increase in Operational Efficiency & Reduction in Total Aircraft System Weight Drive the Demand for Power Conversion
8.5 Energy Storage
8.5.1 Increasing Use of Advanced Battery & Fuel Cell Systems Boosting the Demand for Energy Storage
9 Aircraft Electrical Systems Market, By Component (Page No. - 61)
9.1 Introduction
9.2 Generators
9.2.1 Starter Generator
9.2.1.1 Key Market Players are Developing Starter Generators That Provide Advanced Performance, Reduced Maintenance, and Lower Costs of Operation
9.2.2 Auxiliary Power Unit (APU)
9.2.2.1 Key Market Players are Entering Into Joint Ventures to Design and Develop APUs
9.2.3 Integrated Drive Generator (IDG)
9.2.3.1 IDGs are Installed in Various Aircraft, Such as B747,B757, A320, and A330
9.2.4 Variable Speed Constant Frequency (VSCF) Generator
9.2.4.1 A380, A350, and B787 are Some of the Aircraft Using Variable Frequency Generators
9.2.5 Generator Control Unit (GCU)
9.2.5.1 GCU is Installed on Each Engine-Driven Generator and on the APU Generator
9.3 Conversion Devices
9.3.1 Inverter
9.3.1.1 Inverter is One of the Conversion Devices That Converts DC Into AC
9.3.2 Converter
9.3.2.1 Power Converters Provide High-Quality DC Electrical Power for Aerospace Networks
9.3.3 Transformer Rectifier Unit (TRU)
9.3.3.1 TRU Converts the 120v AC Power Generated By the Engine Or APU Generators
9.4 Distribution Devices
9.4.1 Wires & Cables
9.4.1.1 Shift Toward More Electric Aircraft has Increased Demand for Wires & Cables
9.4.2 Connectors & Connector Accessories
9.4.2.1 Increased Demand for Well-Connected Wiring Systems
9.4.3 Busbars
9.4.3.1 Increased Demand for Efficient Busbars
9.5 Battery Management Systems
9.5.1 Increasing Need for Technologically Advanced Batteries for More Electric Aircraft
9.6 Others
10 Aircraft Electrical Systems Market, By Application (Page No. - 68)
10.1 Introduction
10.2 Power Generation Management
10.2.1 Increase in Electrical Power Requirements on Aircraft Fueling the Growth of the Power Generation Management Segment
10.3 Flight Control & Operation
10.3.1 Increasing Use of Hydraulic Power in Aircraft Engines Driving the Flight Control & Operations Segment
10.4 Cabin System
10.4.1 High Investments for Passenger Comfort is A Major Factor Driving the Cabin System Segment
10.5 Configuration Management
10.5.1 Increasing Production of Electrically Propelled Aircraft is Driving the Configuration Management Segment
10.6 Air Pressurization & Conditioning
10.6.1 Increasing Fuel Efficiency Drives the Air Pressurization & Conditioning Segment
11 Aircraft Electrical Systems Market, By Platform (Page No. - 72)
11.1 Introduction
11.2 Commercial Aviation
11.2.1 Narrow Body Aircraft (NBA)
11.2.1.1 Advancements in the Hydraulic and Pneumatic Aircraft Systems are Driving the Demand for Narrow Body Aircraft
11.2.2 Wide Body Aircraft (WBA)
11.2.2.1 Increase in Passenger Travel has Raised the Demand for Wide Body Aircraft
11.2.3 Very Large Aircraft (VLA)
11.2.3.1 Increasing Demand for Fuel-Efficient Aircraft Drives the Very Large Aircraft Market
11.2.4 Regional Transport Aircraft (RTA)
11.2.4.1 Increase in the Use of Fly-By-Wire Technology Fueling the Demand for Regional Transport Aircraft, Worldwide
11.3 Military Aviation
11.3.1 Fighter Jets
11.3.1.1 Growing Procurement of Fighter Jets Due to Increasing Military Budgets
11.3.2 Transport Aircraft
11.3.2.1 Increasing Use of Transport Aircraft in Military Operations
11.3.3 Military Helicopters
11.3.3.1 Increasing Use of Helicopters in Combat and Search & Rescue Operations
11.3.4 Unmanned Aerial Vehicles
11.3.4.1 Increased Deployment of Uavs to Carry Out Aerial Remote Sensing
11.4 Business & General Aviation
11.4.1 Business Jets
11.4.1.1 Rising Number of Private Aviation Companies Across the Globe
11.4.2 Helicopters
11.4.2.1 Increasing Demand for Helicopters for Corporate and Civil Applications
12 Aircraft Electrical Systems OEM Market, By Region (Page No. - 79)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.3 Europe
12.3.1 France
12.3.2 Germany
12.3.3 UK
12.3.4 Italy
12.3.5 Rest of Europe
12.4 Asia Pacific
12.4.1 Russia
12.4.2 Japan
12.4.3 China
12.4.4 India
12.5 Middle East
12.5.1 Israel
12.6 Rest of the World
12.6.1 Latin America
13 Aircraft Electrical Systems Aftermarket, By Region (Page No. - 111)
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.3 Europe
13.3.1 France
13.3.2 Germany
13.3.3 UK
13.3.4 Italy
13.3.5 Rest of Europe
13.4 Asia Pacific
13.4.1 Russia
13.4.2 Japan
13.4.3 China
13.4.4 India
13.4.5 Rest of Asia Pacific
13.5 Middle East
13.5.1 Israel
13.5.2 UAE
13.5.3 Saudi Arabia
13.5.4 Rest of Middle East
13.6 Rest of the World
13.6.1 Latin America
13.6.2 Africa
14 Competitive Landscape (Page No. - 147)
14.1 Introduction
14.2 OEM Competitive Leadership Mapping
14.2.1 Visionary Leaders
14.2.2 Innovators
14.2.3 Dynamic Differentiators
14.2.4 Emerging Companies
14.3 Ranking of Key Players, 2018
14.4 Competitive Scenario
14.4.1 New Product Launches
14.4.2 Acquisitions
14.4.3 Contracts
14.4.4 Agreements, Partnerships, & Joint Ventures
15 Company Profiles (Page No. - 154)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
15.1 Ametek
15.2 Safran
15.3 Astronics Corporation
15.4 Amphenol Corporation
15.5 Esterline Technologies (Transdigm Group)
15.6 Honeywell
15.7 Meggitt
15.8 Thales Group
15.9 United Technologies Corporation
15.10 GE Aviation
15.11 Crane Aerospace & Electronics
15.12 Hartzell Engine Technologies
15.13 Pbs Aerospace
15.14 Nabtesco Corporation
15.15 Avionic Instruments, LLC
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
16 Appendix (Page No. - 185)
16.1 Discussion Guide
16.2 Knowledge Store: Marketsandmarkets Subscription Portal
16.3 Available Customization
16.4 Related Reports
16.5 Author Details
List of Tables (161 Tables)
Table 1 Length of Wire, By Aircraft
Table 2 Single Aisle Aircraft Level System Studies: Nasa
Table 3 Innovation & Patent Registrations
Table 4 Aircraft Electrical Systems Market, By End-User, 20172025 (USD Million)
Table 5 Aircraft Electrical Systems Market Size, By System, 20172025 (USD Million)
Table 6 Aircraft Electrical Systems Market, By Component, 20172025 (USD Million)
Table 7 Generators: Aircraft Electrical Systems Market, By Type, 20172025 (USD Million)
Table 8 Conversion Devices: Aircraft Electrical Systems Market, By Type, 20172025 (USD Million)
Table 9 Distribution Devices: Aircraft Electrical Systems Market, By Type, 20172025 (USD Million)
Table 10 Aircraft Electrical Systems Market Size, By Application, 20172025 (USD Million)
Table 11 Aircraft Electrical Systems Market, By Platform, 20172025 (USD Million)
Table 12 Commercial Aviation: Aircraft Electrical Systems Market, By Aircraft Type, 20172025 (USD Million)
Table 13 Military Aviation: Aircraft Electrical Systems Market, By Aircraft Type, 20172025 (USD Million)
Table 14 Business & General Aviation: Aircraft Electrical Systems Market, By Aircraft Type, 20172025 (USD Million)
Table 15 Aircraft Electrical Systems OEM Market Size, By Region, 20172025 (USD Million)
Table 16 North America Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 17 North America Aircraft Electrical Systems OEM Market Size, By Component, 20172025 (USD Million)
Table 18 North America OEM Aircraft Electrical Systems Market Size, By Application, 20172025 (USD Million)
Table 19 North America Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 20 North America Aircraft Electrical Systems OEM Market Size, By Country, 20172025 (USD Million)
Table 21 US Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 22 US Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 23 US Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 24 Canada Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 25 Canada Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 26 Canada Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 27 Europe Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 28 Europe Aircraft Electrical Systems OEM Market Size, By Component, 20172025 (USD Million)
Table 29 Europe Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 30 Europe Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 31 Europe OEM Aircraft Electrical Systems Size, By Country, 20172025 (USD Million)
Table 32 France Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 33 France Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 34 France Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 35 Germany Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 36 Germany Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 37 Germany Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 38 UK Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 39 UK Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 40 UK Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 41 Italy Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 42 Italy Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 43 Italy Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 44 Rest of Europe Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 45 Rest of Europe Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 46 Rest of Europe Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 47 Asia Pacific Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 48 Asia Pacific Aircraft Electrical Systems OEM Market Size, By Component, 20172025 (USD Million)
Table 49 Asia Pacific Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 50 Asia Pacific Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 51 Asia Pacific OEM Aircraft Electrical Systems Size, By Country, 20172025 (USD Million)
Table 52 Russia Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 53 Russia Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 54 Russia Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 55 Japan Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 56 Japan Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 57 Japan Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 58 China Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 59 China Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 60 China Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 61 India Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 62 India Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 63 India Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 64 Middle East Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 65 Middle East Aircraft Electrical Systems OEM Market Size, By Component, 20172025 (USD Million)
Table 66 Middle East Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 67 Middle East Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 68 Middle East OEM Aircraft Electrical Systems Size, By Country, 20172025 (USD Million)
Table 69 Israel Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 70 Israel Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 71 Israel Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 72 Rest of the World Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 73 Rest of the World Aircraft Electrical Systems OEM Market Size, By Component, 20172025 (USD Million)
Table 74 Rest of the World Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 75 Rest of the World Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 76 Rest of the World OEM Aircraft Electrical Systems Size, By Region, 20172025 (USD Million)
Table 77 Latin America Aircraft Electrical Systems OEM Market Size, By System, 20172025 (USD Million)
Table 78 Latin America Aircraft Electrical Systems OEM Market Size, By Application, 20172025 (USD Million)
Table 79 Latin America Aircraft Electrical Systems OEM Market Size, By Platform, 20172025 (USD Million)
Table 80 Aircraft Electrical Systems Aftermarket Size, By Region, 20172025 (USD Million)
Table 81 North America Aftermarket Aircraft Electrical Systems Market Size, By System, 20172025 (USD Million)
Table 82 North America Aftermarket Aircraft Electrical Systems Market Size, By Component, 20172025 (USD Million)
Table 83 North America Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 84 North America Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 85 North America Aircraft Electrical Systems Aftermarket Size, By Country, 20172025 (USD Million)
Table 86 US Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 87 US Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 88 US Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 89 Canada Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 90 Canada Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 91 Canada Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 92 Europe Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 93 Europe Aircraft Electrical Systems Aftermarket Size, By Component, 20172025 (USD Million)
Table 94 Europe Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 95 Europe Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 96 Europe Aftermarket Aircraft Electrical Systems Size, By Country, 20172025 (USD Million)
Table 97 France Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 98 France Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 99 France Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 100 Germany Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 101 Germany Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 102 Germany Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 103 UK Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 104 UK Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 105 UK Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 106 Italy Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 107 Italy Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 108 Italy Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 109 Rest of Europe Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 110 Rest of Europe Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 111 Rest of Europe Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 112 Asia Pacific Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 113 Asia Pacific Aircraft Electrical Systems Aftermarket Size, By Component, 20172025 (USD Million)
Table 114 Asia Pacific Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 115 Asia Pacific Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 116 Asia Pacific Aftermarket Aircraft Electrical Systems Size, By Country, 20172025 (USD Million)
Table 117 Russia Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 118 Russia Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 119 Russia Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 120 Japan Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 121 Japan Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 122 Japan Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 123 China Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 124 China Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 125 China Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 126 India Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 127 India Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 128 India Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 129 Rest of Asia Pacific Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 130 Rest of Asia Pacific Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 131 Rest of Asia Pacific Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 132 Middle East Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 133 Middle East Aircraft Electrical Systems Aftermarket Size, By Component, 20172025 (USD Million)
Table 134 Middle East Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 135 Middle East Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 136 Middle East Aftermarket Aircraft Electrical Systems Size, By Country, 20172025 (USD Million)
Table 137 Israel Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 138 Israel Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 139 Israel Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 140 UAE Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 141 UAE Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 142 UAE Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 143 Saudi Arabia Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 144 Saudi Arabia Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 145 Saudi Arabia Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 146 Rest of Middle East Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 147 Rest of Middle East Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 148 Rest of Middle East Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 149 Rest of the World Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 150 Rest of the World Aircraft Electrical Systems Aftermarket Size, By Component, 20172025 (USD Million)
Table 151 Rest of the World Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 152 Rest of the World Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 153 Rest of the World Aftermarket Aircraft Electrical Systems Size, By Region, 20172025 (USD Million)
Table 154 Latin America Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 155 Latin America Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 156 Latin America Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 157 Africa Aircraft Electrical Systems Aftermarket Size, By System, 20172025 (USD Million)
Table 158 Africa Aircraft Electrical Systems Aftermarket Size, By Application, 20172025 (USD Million)
Table 159 Africa Aircraft Electrical Systems Aftermarket Size, By Platform, 20172025 (USD Million)
Table 160 New Product Launches, 20142018
Table 161 Acquisitions, 20142018
List of Figures (51 Figures)
Figure 1 Research Process Flow
Figure 2 Aircraft Electrical System: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 By Application, Flight Control & Operation Segment Projected to Lead the Aircraft Electrical Systems Market During the Forecast Period
Figure 8 By System, Power Generation Segment Estimated to Dominate the Aircraft Electrical Systems Market During the Forecast Period
Figure 9 By End User, OEM Segment to Account for Largest Share of 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 2019
Figure 11 Increasing Demand for Fuel Efficient Aircraft to Drive the Aircraft Electrical Systems Market During the Forecast Period
Figure 12 OEM Segment to Lead the Aircraft Electrical Systems Market During the Forecast Period
Figure 13 Generators Segment to Lead the Aircraft Electrical Systems Market During the Forecast Period
Figure 14 Power Generation Segment to Witness the Highest CAGR Between 2019 and 2025
Figure 15 Aircraft Electrical Systems Market in Japan to Witness the Highest CAGR During the Forecast Period
Figure 16 Aircraft Electrical Systems Market Dynamics
Figure 17 Aircraft Electrical Power Demand
Figure 18 Propulsion System Design
Figure 19 OEM Segment to Lead the Aircraft Electrical Systems Market During the Forecast Period
Figure 20 Power Generation Segment to Grow at the Highest CAGR During the Forecast Period
Figure 21 Generators Segment Estimated to Lead the Aircraft Electrical Systems Market During the Forecast Period
Figure 22 Flight Control & Operation Segment to Lead the Aircraft Electrical Systems Market During the Forecast Period
Figure 23 Commercial Aviation Segment to Lead the Aircraft Electrical Systems Market During the Forecast Period
Figure 24 North America Estimated to Account for Largest Share of Aircraft Electrical Systems OEM Market in 2019
Figure 25 North America: Aircraft Electrical Systems OEM Market Snapshot
Figure 26 Europe: Aircrfat Electrical Systems OEM Market Snapshot
Figure 27 Asia Pacific: Aircrfat Electrical Systems OEM Market Snapshot
Figure 28 Middle East: Aircrfat Electrical Systems OEM Market Snapshot
Figure 29 North America Estimated to Account for the Largest Share of the Aircraft Electrical Systems Market in 2019
Figure 30 North America: Aircraft Electrical Systems Aftermarket Snapshot
Figure 31 Europe: Aircraft Electrical Systems Aftermarket Snapshot
Figure 32 Asia Pacific: Aircraft Electrical Systems Aftermarket Snapshot
Figure 33 Middle East: Aircraft Electrical Systems Aftermarket Snapshot
Figure 34 Key Developments By Leading Players in Aircraft Electrical Systems Market Between 2014 and 2018
Figure 35 Aircraft Electrical Systems Market OEM Competitive Leadership Mapping, 2018
Figure 36 Market Ranking of Top Players in the Aircraft Electrical Systems Market, 2018
Figure 37 Ametek: Company Snapshot
Figure 38 Safran: Company Snapshot
Figure 39 Safran: SWOT Analysis
Figure 40 Astronics Corporation: Company Snapshot
Figure 41 Amphenol Corporation: Company Snapshot
Figure 42 Esterline Technologies: Company Snapshot
Figure 43 Honeywell: Company Snapshot
Figure 44 Honeywell: SWOT Analysis
Figure 45 Meggitt: Company Snapshot
Figure 46 Thales Group: Company Snapshot
Figure 47 Thales Group: SWOT Analysis
Figure 48 United Technologies Corporation: Company Snapshot
Figure 49 United Technologies Corporation: SWOT Analysis
Figure 50 GE Aviation: SWOT Analysis
Figure 51 Crane Aerospace & Electronics: Company Snapshot
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. Following is the breakdown of primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the total size of the aircraft electrical systems market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained above the 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
Scope of the Report
|
Report Metric |
Details |
|
Market size available for years |
20172025 |
|
Base year considered |
2018 |
|
Forecast period |
20192025 |
|
Forecast units |
Value(USD) |
|
Segments covered |
End User, System, Components, Application, Platform, and Region |
|
Geographies covered |
North America, Asia Pacific, Europe, Middle East, and Rest of the World |
|
Companies covered |
Safran (France), GE Aviation (US), Collins Aerospace (US), Astronics (US), Honeywell International (US), Thales (France), Crane Aerospace & Electronics (US), Amphenol (US), AMETEK (US), and Meggitt (UK), among others |
This research report categorizes the aircraft electrical systems market based on end user, system, component, application, platform, and region.
On the basis of End User, the aircraft electrical systems market has been segmented as follows:
- OEM
- Aftermarket
On the basis of System, the aircraft electrical systems market has been segmented as follows:
- Power Generation
- Power Distribution
- Power Conversion
- Energy Storage
On the basis of Component, the aircraft electrical systems market has been segmented as follows:
- Generators
- Conversion devices
- Distribution devices
- Battery Management Systems
On the basis of Application, the aircraft electrical systems market has been segmented as follows:
- Power Generation Management
- Flight Control & Operation
- Cabin System
- Configuration Management
- Air Pressurization & Conditioning
On the basis of Platform, the aircraft electrical systems market has been segmented as follows:
- Commercial Aviation
- Military Aviation
- Business & General Aviation
On the basis of Region, the aircraft electrical systems market has been segmented as follows:
- North America
- Europe
- Asia Pacific
- Middle East
- Rest of the World
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to a companys specific needs.
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Company Information
- Detailed analysis and profiles of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Aircraft Electrical Systems Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Aircraft Electrical Systems Market