MarkNtel Advisors recently published a report, titled, ” Global Aircraft Electrical Systems Market Aircraft Electrical Systems Market Report – By Component (Generators (Starter Generators, Auxiliary Power Unit (APU), Integrated Device Generators (IDG), Variable Speed Constant Frequency (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). As per as the report The Global Aircraft Electrical Systems Market size is projected to grow at a CAGR of around 7.9% during the forecast period, i.e., 2024-30.
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Global Aircraft Electrical Systems Market Opportunity:
Increasing Environmental Regulations and a Focus on Sustainability – Opportunities for the development of aircraft electrical power systems that contribute to lower emissions and environmental effects are presented by tightening environmental regulations and a focus on sustainable aviation. The decrease of greenhouse gas emissions and other pollutants can be achieved by the electrification of various aircraft power systems, including auxiliary and propulsion operations. The aviation sector can meet or exceed environmental laws by implementing more sustainable and clean electrical technology.
Moreover, aircraft electrical systems are essential for integrating energy-saving measures across the whole aircraft. More efficient electrical structures are developed as a result of developments in power electronics, energy storage, and distribution systems. These solutions support sustainability objectives, reduce energy losses, and enhance overall efficiency. Regulations about noise pollution are another driving force behind technical developments in electrical systems. The noise footprint of aircraft may be greatly reduced using quieter electric motors and actuators, which presents an opportunity for businesses to develop these technologies.
Leading Companies in Global Aircraft Electrical Systems Market:
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.
Global Aircraft Electrical Systems Market Segmentation:
By Components
-Generators- Market Size & Forecast 2019-2030F, USD Million
-Starter Generators- Market Size & Forecast 2019-2030F, USD Million
-Auxiliary Power Unit (APU)- Market Size & Forecast 2019-2030F, USD Million
-Integrated Device Generators (IDG)- Market Size & Forecast 2019-2030F, USD Million
-Variable Speed Constant Frequency (VSCF) Generator- Market Size & Forecast 2019-2030F, USD Million
-Generator Control Unit (GCU)- Market Size & Forecast 2019-2030F, USD Million
-Conversion Devices- Market Size & Forecast 2019-2030F, USD Million
-Inverter- Market Size & Forecast 2019-2030F, USD Million
-Converter- Market Size & Forecast 2019-2030F, USD Million
-Transformer Rectifier Unit (TRU) – Market Size & Forecast 2019-2030F, USD Million
-Distribution Devices- Market Size & Forecast 2019-2030F, USD Million
-Wires and Cables- Market Size & Forecast 2019-2030F, USD Million
-Connectors and Connector Accessories- Market Size & Forecast 2019-2030F, USD Million
-Busbars- Market Size & Forecast 2019-2030F, USD Million
-Battery Management Systems- Market Size & Forecast 2019-2030F, USD Million
By Systems- Market Size & Forecast 2019-2030F, USD Million
-Power Generation- Market Size & Forecast 2019-2030F, USD Million
-Power Distribution- Market Size & Forecast 2019-2030F, USD Million
-Power Conversion- Market Size & Forecast 2019-2030F, USD Million
-Energy Storage- Market Size & Forecast 2019-2030F, USD Million
By Platform- Market Size & Forecast 2019-2030F, USD Million
-Commercial Aviation- Market Size & Forecast 2019-2030F, USD Million
-Military Aviation- Market Size & Forecast 2019-2030F, USD Million
-Business & General Aviation- Market Size & Forecast 2019-2030F, USD Million
By End User- Market Size & Forecast 2019-2030F, USD Million
-OEM- Market Size & Forecast 2019-2030F, USD Million
-Aftermarket- Market Size & Forecast 2019-2030F, USD Million
By Application- Market Size & Forecast 2019-2030F, USD Million
-Power Generation Management- Market Size & Forecast 2019-2030F, USD Million
-Flight Control & Operation- Market Size & Forecast 2019-2030F, USD Million
-Cabin Systems- Market Size & Forecast 2019-2030F, USD Million
-Configuration Management- Market Size & Forecast 2019-2030F, USD Million
-Air Pressurization & Conditioning- Market Size & Forecast 2019-2030F, USD Million
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By Region
-North America
-South America
-Middle East & Africa
-Europe
-Asia-Pacific.
Key questions answered in the Global Aircraft Electrical Systems Market are:
- What is Global Aircraft Electrical Systems Market?
- What was the market size in 2023?
- What is the growth rate of the Global Aircraft Electrical Systems Market?
- Which are the factors expected to drive the market growth?
- What are the different segments of the Global Aircraft Electrical Systems Market?
- What segments are covered in the Market?
- Who are the key players in the Global Aircraft Electrical Systems Market?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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