Aircraft Electrical Systems Market: Industry Overview, Forecasted Trends and Growth Opportunities to 2027

Application of aircraft electrical systems market, commercial, defense and geography. The report highlights the main drivers, constraints and opportunities.

PORTLAND, ORAGON, USA, Sep 20, 2021 / – Aircraft Electrical Systems Market Outlook -2027

Aircraft electrical systems are sophisticated systems of components that generate, transmit, distribute, use, and store electrical energy in the aircraft. This energy is supplied to various components and functions such as avionics, communication, heating or cooling, and primary and secondary flight controls. Generators or alternators are used to generate electricity, which is driven by an engine, an auxiliary power unit (APU) or a dynamic air turbine (RAT). The output can be 115-120V AC high frequency or 14 / 28VDC, which can be converted and rectified according to the design of the aircraft.

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The global aircraft electrical systems market is driven by factors such as improved airline networks, increased customer preference for airways, growth in defense spending, and a strong inclination towards an all-electric aircraft. and more electric planes, increasing the use of drones for civilian and defense purposes. On the contrary, existing backlogs in aircraft deliveries and power failures within existing aircraft cast doubt on the reliability of new electrical systems. This is expected to act as a drag on the growth of the global electrical systems market.

However, much research is underway in the design and development of aircraft electrical systems. The increasing global demand for light aircraft is pushing manufacturers of electrical systems to design electrical components with reduced weight and reliability. “More electric airplanes” are airplanes in which electrically driven systems are used in place of mechanical, pneumatic and hydraulic systems, which offer better performance and reliability, and lower operating costs. In addition, there is an increase in collaboration between manufacturers of electrical systems and aircraft manufacturers to invest in electrical power systems. Such collaborative projects are expected to provide lucrative opportunities for the growth of the aircraft electrical systems market.

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The aircraft electrical systems market is segmented on the basis of component, distribution type, application, end user, and region. The market is divided by product into production, conversion, storage and distribution. By type of distribution, the market is divided into online and retrofit. Applications of electrical power in aircraft include utility management, configuration management, power generation, and flight control. The defense and commercial aviation industries are the end users of these systems. The defense sector is further divided into planes and helicopters; while commercial aviation includes passenger and freight aircraft. By region, the market is studied in North America, Europe, Asia-Pacific and LAMEA.

The main players involved in the design, development, manufacture and services of aircraft electrical systems are Astronics, Boeing, Safran, UTC Aerospace, Fokker technologies, Thales, Lockheed Martin, Zodiac Aerospace, Esterline Control Systems and Eaton.

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Main benefits for stakeholders:

The global aircraft electrical systems market size has been analyzed across all regions

Porter’s Five Forces Analysis helps analyze buyer and supplier potential and industry competitive scenario for strategy development

The report describes current market trends and future scenario of market size from 2018 to 2026 to understand existing opportunities and potential investment pockets.

The main countries in the region have been mapped according to their individual contribution to regional market revenues

The main market drivers, constraints and opportunities and their detailed impact analysis are elucidated in the study

The Aircraft Electrical Systems Market Analysis Covers Detailed Information About the Share of Participants of the Global Aircraft Electrical Systems Industry

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Key players

UTC Aeronautics
Fokker Technologies
Lockheed Martin
Zodiac Aerospace
Esterline control systems

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We have professional relationships with various companies, which helps us extract market data which helps us generate accurate research data tables and confirm the highest accuracy in our market forecasts. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the business to maintain high quality data and help customers in every way possible to be successful. Each of the data presented in the reports we publish is taken from primary interviews with senior officials of the main companies in the field concerned. Our secondary data sourcing methodology includes in-depth online and offline research and discussions with industry-savvy professionals and analysts.

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