Aircraft Electrical Systems Market Size, Growth, Share & Value by 2030

Global Aircraft Electrical Systems Market Research Report: Forecast (2024-2030)

Aircraft Electrical Systems Market Report - By Component (Generators (Starter Generators, Auxiliary Power Unit (APU), Integrated Device Generators (IDG), Variable Speed Constant Frequency (VSCF) Gener... ... equency (VSCF) Generator, Generator Control Unit (GCU)), Conversion Devices (Inverter, Converter, Transformer Rectifier Unit (TRU)), Distribution Devices (Wires & Cables, Connectors & Connector Accessories, Busbars), and Battery Management System (others)), By System (Power Generation, Power Distribution, Power Conversion, Energy Storage), By Platform (Commercial Aviation, Military Aviation, Business & General Aviation), By End User (OEM, Aftermarket), By Application (Power Generation Management, Flight Control & Operation, Cabin System, Configuration Management, Air Pressurization & Conditioning), and Other Read more

Aerospace & Defense
Jan 2023
Pages 241
Report Format: PDF, Excel, PPT

Market Definition

The intricate network of parts that makes up an aircraft electrical system is responsible for producing, distributing, using, and storing electrical energy. It is necessary to power critical systems including flight controls, communication, navigation, and illumination. Depending on the size and kind of aircraft, the electrical system's exact configuration changes. The fundamentals of generation, distribution, and consumption haven't changed, though.

Market Insights & Analysis: Global Aircraft Electrical Systems Market (2024-30):

The Global Aircraft Electrical Systems Market size was valued at around USD 17.5 billion in 2023 and is projected to reach USD 28.5 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.9% during the forecast period, i.e., 2024-30. The focus on reliability and security, rising spending by many nations to bolster their aerial defense, a shift toward More Electric Aircraft (MEA), rising air travel demand, growing use of unmanned aerial vehicles (UAVs), strict environmental regulations, etc. are some of the major factors driving the growth of the Aircraft Electrical Systems Market. Additionally, ongoing developments in power electronics, battery technology, and wiring materials are making it possible to create electrical components for airplanes that are lighter, more dependable, and more efficient. This makes it possible to install an aircraft electrical system that is more robust and adaptable.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR(2024-30)	7.9%
Regions Covered	North America: USA, Canada, Mexico
	Europe: Germany, The UK, France, Italy, France
	Asia-Pacific: China, India, Japan, South Korea, Australia and Others
	South America: Brazil
	Middle East & Africa: UAE, Saudi Arabia, Israel
Key Companies Profiled	Ametek, Inc., Safran, Astronics Corporation, Amphenol Corporation, PBS Aerospace, Honeywell International Inc., Meggitt Plc, Thales Group, United Technologies Corporation, General Electric, RTX Corporation, Acme Aerospace Inc. & Avionic Instruments LLC, Crane Aerospace & Electronics, Hartzell Engine Technologies LLC, Nabtesco Corporation, Others.
Market Value (2023)	USD 17.5 Billion
Market Value (2030)	USD 28.5 Billion

The global market for aircraft electrical systems has several obstacles in addition to possibilities. The creation, acceptance, and integration of aviation electrical systems may be impacted by several difficulties. The aviation electrical systems industry faces several significant challenges, such as strict regulations & certification procedures, high costs associated with replacing conventional aircraft with electric models, technological obsolescence, growing cybersecurity concerns, a shortage of skilled workers trained in complex electrical system maintenance & operation, a lack of necessary infrastructure, etc.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Aircraft Electrical Systems Market Trends & Developments
Global Aircraft Electrical Systems Market Dynamics
1. Growth Drivers
2. Challenges
Global Aircraft Electrical Systems Market Hotspot & Opportunities
Global Aircraft Electrical Systems Market Regulations, Policies & Standards
Global Aircraft Electrical Systems Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Components
    1. Generators- Market Size & Forecast 2019-2030F, USD Million
      1. Starter Generators- Market Size & Forecast 2019-2030F, USD Million
      2. Auxiliary Power Unit (APU)- Market Size & Forecast 2019-2030F, USD Million
      3. Integrated Device Generators (IDG)- Market Size & Forecast 2019-2030F, USD Million
      4. Variable Speed Constant Frequency (VSCF) Generator- Market Size & Forecast 2019-2030F, USD Million
      5. Generator Control Unit (GCU)- Market Size & Forecast 2019-2030F, USD Million
    2. Conversion Devices- Market Size & Forecast 2019-2030F, USD Million
      1. Inverter- Market Size & Forecast 2019-2030F, USD Million
      2. Converter- Market Size & Forecast 2019-2030F, USD Million
      3. Transformer Rectifier Unit (TRU) - Market Size & Forecast 2019-2030F, USD Million
    3. Distribution Devices- Market Size & Forecast 2019-2030F, USD Million
      1. Wires and Cables- Market Size & Forecast 2019-2030F, USD Million
      2. Connectors and Connector Accessories- Market Size & Forecast 2019-2030F, USD Million
      3. Busbars- Market Size & Forecast 2019-2030F, USD Million
    4. Battery Management Systems- Market Size & Forecast 2019-2030F, USD Million
  2. By Systems- Market Size & Forecast 2019-2030F, USD Million
    1. Power Generation- Market Size & Forecast 2019-2030F, USD Million
    2. Power Distribution- Market Size & Forecast 2019-2030F, USD Million
    3. Power Conversion- Market Size & Forecast 2019-2030F, USD Million
    4. Energy Storage- Market Size & Forecast 2019-2030F, USD Million
  3. By Platform- Market Size & Forecast 2019-2030F, USD Million
    1. Commercial Aviation- Market Size & Forecast 2019-2030F, USD Million
    2. Military Aviation- Market Size & Forecast 2019-2030F, USD Million
    3. Business & General Aviation- Market Size & Forecast 2019-2030F, USD Million
  4. By End User- Market Size & Forecast 2019-2030F, USD Million
    1. OEM- Market Size & Forecast 2019-2030F, USD Million
    2. Aftermarket- Market Size & Forecast 2019-2030F, USD Million
  5. By Application- Market Size & Forecast 2019-2030F, USD Million
    1. Power Generation Management- Market Size & Forecast 2019-2030F, USD Million
    2. Flight Control & Operation- Market Size & Forecast 2019-2030F, USD Million
    3. Cabin Systems- Market Size & Forecast 2019-2030F, USD Million
    4. Configuration Management- Market Size & Forecast 2019-2030F, USD Million
    5. Air Pressurization & Conditioning- Market Size & Forecast 2019-2030F, USD Million
  6. By Region
    1. North America
    2. South America
    3. Middle East & Africa
    4. Europe
    5. Asia-Pacific
  7. By Company
    1. Competition Characteristics
    2. Revenue Share
North America Aircraft Electrical Systems Market Analysis, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Component- Market Size & Forecast 2019-2030F, USD Million
  2. By Systems- Market Size & Forecast 2019-2030F, USD Million
  3. By Platform- Market Size & Forecast 2019-2030F, USD Million
  4. By End User- Market Size & Forecast 2019-2030F, USD Million
  5. By Application- Market Size & Forecast 2019-2030F, USD Million
  6. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
4. Canada Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
5. Mexico Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
South America Aircraft Electrical Systems Market Analysis, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Component- Market Size & Forecast 2019-2030F, USD Million
  2. By Systems- Market Size & Forecast 2019-2030F, USD Million
  3. By Platform- Market Size & Forecast 2019-2030F, USD Million
  4. By End User- Market Size & Forecast 2019-2030F, USD Million
  5. By Application- Market Size & Forecast 2019-2030F, USD Million
  6. By Country
    1. Brazil
    2. Rest of South Africa
3. Brazil Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
Europe Aircraft Electrical Systems Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Component- Market Size & Forecast 2019-2030F, USD Million
  2. By Systems- Market Size & Forecast 2019-2030F, USD Million
  3. By Platform- Market Size & Forecast 2019-2030F, USD Million
  4. By End User- Market Size & Forecast 2019-2030F, USD Million
  5. By Application- Market Size & Forecast 2019-2030F, USD Million
  6. By Country
    1. Germany
    2. Italy
    3. France
    4. The UK
    5. Russia
    6. Rest of Europe
3. Germany Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
4. Italy Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
5. France Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
6. The UK Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
7. Russia Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
The Middle East & Africa Aircraft Electrical Systems Market Analysis, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Component- Market Size & Forecast 2019-2030F, USD Million
  2. By Systems- Market Size & Forecast 2019-2030F, USD Million
  3. By Platform- Market Size & Forecast 2019-2030F, USD Million
  4. By End User- Market Size & Forecast 2019-2030F, USD Million
  5. By Application- Market Size & Forecast 2019-2030F, USD Million
  6. By Country
    1. Saudi Arabia
    2. The UAE
    3. Israel
    4. Rest of the Middle East & Africa
3. Saudi Arabia Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
4. The UAE Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
5. Israel Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
Asia-Pacific Aircraft Electrical Systems Market Analysis, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Component- Market Size & Forecast 2019-2030F, USD Million
  2. By Systems- Market Size & Forecast 2019-2030F, USD Million
  3. By Platform- Market Size & Forecast 2019-2030F, USD Million
  4. By End User- Market Size & Forecast 2019-2030F, USD Million
  5. By Application- Market Size & Forecast 2019-2030F, USD Million
  6. By Country
    1. China
    2. India
    3. Japan
    4. Rest of Asia-Pacific
3. China Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
4. India Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
5. Japan Aircraft Electrical Systems Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
  2. Market Share & Analysis
    1. By Component- Market Size & Forecast 2019-2030F, USD Million
    2. By End User- Market Size & Forecast 2019-2030F, USD Million
Global Aircraft Electrical Systems Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Company Profiles
  1. Ametek, Inc.
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Safran
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Astronics Corporation
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Amphenol Corporation
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. PBS Aerospace
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Honeywell International Inc.
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Meggitt Plc
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Thales Group
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. United Technologies Corporation
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. General Electric
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. RTX Corporation
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. Acme Aerospace Inc. & Avionic Instruments LLC
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  13. Crane Aerospace & Electronics
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  14. Hartzell Engine Technologies LLC
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  15. Nabtesco Corporation
    1. Business Description
    2. Component Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  16. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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