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Aircraft Electrical Systems Market Value Is Estimated to Reach USD 29.33 Bn by 2028, With 6.50% CAGR – Credence Research

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Aircraft Electrical Systems Market Value Is Estimated to Reach USD 29.33 Bn by 2028, With 6.50% CAGR – Credence Research

September 27
17:45 2022
Major players in the Global Aircraft Electrical Systems market are Safran, Honeywell International Inc., Thales Group, United Technologies Corporation, GE Aviation, Astronics Corporation, Amphenol Corporation, Ametek, Esterline Technologies (Transdigm Group), Meggitt, Crane Aerospace & Electronics, Hartzell Engine Technologies, Pbs Aerospace, Nabtesco Corporation, Avionic Instruments, LLC, etc

The latest market report published by Credence Research, Inc.Global Aircraft Electrical Systems Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The global aircraft electrical systems market generated revenue of around USD 20.1 billion in 2021 and is anticipated to grow a CAGR of over 6.50% during the forecast period from 2022 to 2028 to reach around USD 29.33 billion in 2028.

Several factors drive the market, including the rapid increase in commercial aircraft production and the growing demand for fighter jets, unmanned aerial vehicles (UAVs), and drones in military defense. As a result, the demand for aircraft with modern technology has soared. The market is also expanding due to continuous technological advances in aircraft electrical systems and the deployment of lightweight engines. Additionally, these products have a longer life span than conventional hydraulic and pneumatic systems and are highly efficient. This is expected to substantially boost the market for aircraft electrical systems in the next few years.

The global aircraft electrical systems market is bifurcated into End User, System, Component, Application, Technology, Platform and Geography. Based on end users, the market is categorized into OEM and aftermarket. On the basis of the system, the global market is segmented into power generation, power distribution, power conversion and energy storage. Based on the component, the market is categorized into generators, conversion devices, distribution devices and battery management systems. On the basis of application, the market is bifurcated into power generation management, flight control & operation, cabin system, configuration management, and air pressurization & conditioning. Based on technology, the market is divided into conventional, more electric and electric. On the basis of platform, the market is categorized into commercial aviation, military aviation and business & general aviation. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

In 2021, North America dominated the global aircraft electrical systems market and accounted for a major market revenue share in terms of value. Increasing commercial aircraft demand and increased utility in the defense sector for transport and surveillance activities are other factors influencing North America’s airplane electrical systems market. Moreover, in this region, the aircraft electrical systems market is experiencing rapid growth as more and more electric aircraft are developed, and fuel-efficient and low-maintenance aircraft are demanded.

Access complete report with (Drivers of growth, Forecasts, Covid Impact, Revenue, Market share, Players). Please visit: https://www.credenceresearch.com/report/aircraft-electrical-systems-market

Why to Buy This Report-

  • The report provides a qualitative and quantitative analysis of the global aircraft electrical systems market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
  • The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level
  • In-depth analysis of the global aircraft electrical systems market segmentation based on end user, system, component, application, technology and platform.
  • The global aircraft electrical systems market report also includes analyzing the global, regional, and country levels, along with key market trends, significant players analysis, market growth strategies, and key application areas.

Table Of Content:

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

 

2. Executive Summary

2.1. Market Snapshot: Global Aircraft Electrical Systems Market

2.2. Global Aircraft Electrical Systems Market, By End User

2.3. Global Aircraft Electrical Systems Market, By System

2.4. Global Aircraft Electrical Systems Market, By Component

2.5. Global Aircraft Electrical Systems Market, By Application

2.6. Global Aircraft Electrical Systems Market, By Technology

2.7. Global Aircraft Electrical Systems Market, By Platform

2.8. Global Aircraft Electrical Systems Market, By Region

 

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Aircraft Electrical Systems Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Market Drivers

3.2.3. Market Restraints

3.2.4. Market Opportunities

3.2.5. Major Industry Challenges

3.3. Attractive Investment Proposition,2021

3.3.1. End User

3.3.2. System

3.3.3. Component

3.3.4. Application

3.3.5. Technology

3.3.6. Platform

3.3.7. Geography

 

4. Premium Insights

4.1. STAR (Situation, Task, Action, Results) Analysis

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers/Consumers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitute Types

4.2.5. Intensity of Competitive Rivalry

4.3. Value Chain Analysis

4.4. Technology Analysis

4.5. Marketing Strategy Analysis

4.5.1. Direct Marketing

4.5.2. Indirect Marketing

4.5.3. Marketing Channel Development Trend

 

5. Market Positioning of Key Players, 2021

5.1. Company market share of key players, 2021

5.2. Competitive Benchmarking

5.3. Market Positioning of Key Vendors

5.4. Geographical Presence Analysis

5.5. Major Strategies Adopted by Key Players

5.5.1. Key Strategies Analysis

5.5.2. Mergers and Acquisitions

5.5.3. Partnerships

5.5.4. Product Launch

5.5.5. Geographical Expansion

5.5.6. Others

 

6. COVID 19 Impact Analysis

6.1. Global Aircraft Electrical Systems Market Pre Vs Post COVID 19, 2019 – 2028

6.2. Impact on Import & Export

6.3. Impact on Demand & Supply

 

7. Global Aircraft Electrical Systems Market

7.1. Global Aircraft Electrical Systems Market, by End User, 2016-2028(US$ Bn)

7.1.1. Overview

7.1.2. Global Aircraft Electrical Systems Market, By End User, 2021 vs 2028 (in%)

7.1.3. Global Aircraft Electrical Systems Market, By OEM, 2016-2028 (US$ Bn)

7.1.4. Global Aircraft Electrical Systems Market, By Aftermarket, 2016-2028 (US$ Bn)

7.2. Global Aircraft Electrical Systems Market, by System, 2016-2028(US$ Bn)

7.2.1. Overview

7.2.2. Global Aircraft Electrical Systems Market, By System, 2021 vs 2028 (in%)

7.2.3. Global Aircraft Electrical Systems Market, By Power Generation, 2016-2028 (US$ Bn)

7.2.4. Global Aircraft Electrical Systems Market, By Power Distribution, 2016-2028 (US$ Bn)

7.2.5. Global Aircraft Electrical Systems Market, By Power Conversion, 2016-2028 (US$ Bn)

7.2.6. Global Aircraft Electrical Systems Market, By Energy Storage, 2016-2028 (US$ Bn)

7.3. Global Aircraft Electrical Systems Market, by Component, 2016-2028(US$ Bn)

7.3.1. Overview

7.3.2. Global Aircraft Electrical Systems Market, By Component, 2021 vs 2028 (in%)

7.3.3. Global Aircraft Electrical Systems Market, By Generators, 2016-2028 (US$ Bn)

7.3.4. Global Aircraft Electrical Systems Market, By Conversion Devices, 2016-2028 (US$ Bn)

7.3.5. Global Aircraft Electrical Systems Market, By Distribution Devices, 2016-2028 (US$ Bn)

7.3.6. Global Aircraft Electrical Systems Market, By Battery Management Systems, 2016-2028 (US$ Bn)

7.4. Global Aircraft Electrical Systems Market, by Application, 2016-2028(US$ Bn)

7.4.1. Overview

7.4.2. Global Aircraft Electrical Systems Market, By Application, 2021 vs 2028 (in%)

7.4.3. Global Aircraft Electrical Systems Market, By Power Generation Management, 2016-2028 (US$ Bn)

7.4.4. Global Aircraft Electrical Systems Market, By Flight Control & Operation, 2016-2028 (US$ Bn)

7.4.5. Global Aircraft Electrical Systems Market, By Cabin System, 2016-2028 (US$ Bn)

7.4.6. Global Aircraft Electrical Systems Market, By Configuration Management, 2016-2028 (US$ Bn)

7.4.7. Global Aircraft Electrical Systems Market, By Air Pressurization & Conditioning, 2016-2028 (US$ Bn)

7.5. Global Aircraft Electrical Systems Market, by Technology, 2016-2028(US$ Bn)

7.5.1. Overview

7.5.2. Global Aircraft Electrical Systems Market, By Technology, 2021 vs 2028 (in%)

7.5.3. Global Aircraft Electrical Systems Market, By Conventional, 2016-2028 (US$ Bn)

7.5.4. Global Aircraft Electrical Systems Market, By More Electric, 2016-2028 (US$ Bn)

7.5.5. Global Aircraft Electrical Systems Market, By Electric, 2016-2028 (US$ Bn)

7.6. Global Aircraft Electrical Systems Market, by Platform, 2016-2028(US$ Bn)

7.6.1. Overview

7.6.2. Global Aircraft Electrical Systems Market, By Platform, 2021 vs 2028 (in%)

7.6.3. Global Aircraft Electrical Systems Market, By Commercial Aviation, 2016-2028 (US$ Bn)

7.6.4. Global Aircraft Electrical Systems Market, By Military Aviation, 2016-2028 (US$ Bn)

7.6.5. Global Aircraft Electrical Systems Market, By Business & General Aviation, 2016-2028 (US$ Bn)

 

8. North America Aircraft Electrical Systems Market Analysis

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9. Europe Aircraft Electrical Systems Market Analysis

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10. Asia Pacific Aircraft Electrical Systems Market Analysis

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11. Latin America Aircraft Electrical Systems Market Analysis

……….

 

12. Middle East and Africa Aircraft Electrical Systems Market Analysis

12.1. Middle East and Africa Aircraft Electrical Systems Market, by End User, 2016-2028(US$ Bn)

12.1.1. Overview

12.1.2. SRC Analysis

12.2. Middle East and Africa Aircraft Electrical Systems Market, by System, 2016-2028(US$ Bn)

12.2.1. Overview

12.2.2. SRC Analysis

12.3. Middle East and Africa Aircraft Electrical Systems Market, by Component, 2016-2028(US$ Bn)

12.3.1. Overview

12.3.2. SRC Analysis

12.4. Middle East and Africa Aircraft Electrical Systems Market, by Application, 2016-2028(US$ Bn)

12.4.1. Overview

12.4.2. SRC Analysis

12.5. Middle East and Africa Aircraft Electrical Systems Market, by Technology, 2016-2028(US$ Bn)

12.5.1. Overview

12.5.2. SRC Analysis

12.6. Middle East and Africa Aircraft Electrical Systems Market, by Platform, 2016-2028(US$ Bn)

12.6.1. Overview

12.6.2. SRC Analysis

12.7. Middle East and Africa Aircraft Electrical Systems Market, by Country, 2016-2028 (US$ Bn)

12.7.1. GCC Countries

12.7.1.1. GCC Countries il Aircraft Electrical Systems Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.7.1.2. GCC Countries Aircraft Electrical Systems, By End User, 2016-2028 (US$ Bn)

12.7.1.3. GCC Countries Aircraft Electrical Systems, By System, 2016-2028 (US$ Bn)

12.7.1.4. GCC Countries Aircraft Electrical Systems, By Component, 2016-2028 (US$ Bn)

12.7.1.5. GCC Countries Aircraft Electrical Systems, By Application, 2016-2028 (US$ Bn)

12.7.1.6. GCC Countries Aircraft Electrical Systems, By Technology, 2016-2028 (US$ Bn)

12.7.1.7. GCC Countries Aircraft Electrical Systems, By Platform, 2016-2028 (US$ Bn)

12.7.2. South Africa

12.7.2.1. South Africa Aircraft Electrical Systems Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.7.2.2. South Africa Aircraft Electrical Systems, By End User, 2016-2028 (US$ Bn)

12.7.2.3. South Africa Aircraft Electrical Systems, By System, 2016-2028 (US$ Bn)

12.7.2.4. South Africa Aircraft Electrical Systems, By Component, 2016-2028 (US$ Bn)

12.7.2.5. South Africa Aircraft Electrical Systems, By Application, 2016-2028 (US$ Bn)

12.7.2.6. South Africa Aircraft Electrical Systems, By Technology, 2016-2028 (US$ Bn)

12.7.2.7. South Africa Aircraft Electrical Systems, By Platform, 2016-2028 (US$ Bn)

12.7.3. Rest of Middle East and Africa

12.7.3.1. Rest of Middle East and Africa Aircraft Electrical Systems Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.7.3.2. Rest of Middle East and Africa Aircraft Electrical Systems, By End User, 2016-2028 (US$ Bn)

12.7.3.3. Rest of Middle East and Africa Aircraft Electrical Systems, By System, 2016-2028 (US$ Bn)

12.7.3.4. Rest of Middle East and Africa Aircraft Electrical Systems, By Component, 2016-2028 (US$ Bn)

12.7.3.5. Rest of Middle East and Africa Aircraft Electrical Systems, By Application, 2016-2028 (US$ Bn)

12.7.3.6. Rest of Middle East and Africa Aircraft Electrical Systems, By Technology, 2016-2028 (US$ Bn)

12.7.3.7. Rest of Middle East and Africa Aircraft Electrical Systems, By Platform, 2016-2028 (US$ Bn)

 

13. Company Profiles

13.1. Safran

13.1.1. Company Overview

13.1.2. Products/Services Portfolio

13.1.3. Geographical Presence

13.1.4. Financial Summary

13.1.4.1. Market Revenue and Net Profit (2019-2021)

13.1.4.2. Business Segment Revenue Analysis

13.1.4.3. Geographical Revenue Analysis

13.2. Honeywell International Inc.

13.3. Thales Group

13.4. United Technologies Corporation

13.5. GE Aviation

13.6. Astronics Corporation

13.7. Amphenol Corporation

13.8. Ametek

13.9. Esterline Technologies (Transdigm Group)

13.10. MEGGITT

13.11. Crane Aerospace & Electronics

13.12. Hartzell Engine Technologies

13.13. PBS Aerospace

13.14. Nabtesco Corporation

13.15. Avionic Instruments, LLC

13.16. Radiant Power Corporation

13.17. Eaglepicher Technologies, LLC

13.18. Pioneer Magnetics

13.19. Carlisle Interconnect Technologies

13.20. BAE Systems

13.21. Delorean Aerospace

13.22. Poweroasis

13.23. Synergy Aircraft

13.24. Zee Aero

13.25. AIRSPACEX (Detroit Aircraft Corporation)

13.26. Others

Access complete report with (Drivers of growth, Forecasts, Covid Impact, Revenue, Market share, Players). Please visit: https://www.credenceresearch.com/report/aircraft-electrical-systems-market

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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