Forecast:  Aircraft Electrical Systems Market to Grow at 7.9% CAGR Over the Next Six Years

A comprehensive analysis report on the Global Aircraft Electrical Systems Market has been recently released by MarkNtel Advisors, covering the forecast period from 2024 to 2030. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Aircraft Electrical Systems Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Aircraft Electrical Systems Market Overview:

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

Market Growth Rate: 7.9% (2024-2030)

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Aircraft Electrical Systems Market Segmentation Analysis:

According to MarkNtel study the market is segmented the into the following categories:

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

After a prolonged pandemic, the commercial aviation sector is steadily recovering, and by 2024, passenger volume is predicted to return to pre-pandemic levels.

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
• Europe
• The Middle East & Africa
• Asia-Pacific

North America region is anticipated to lead the market with the largest share in the forecast period. The regional market is driven principally by the growing number of air passengers, especially across the US & Canada, leading to increased air traffic and, in turn, boosting the market.

Aircraft Electrical Systems Market Competitive Landscape:

This section competitive landscape covers the top companies‘ participants in the Aircraft Electrical Systems industry, and their business description, product portfolio, strategic alliances or partnerships, recent developments, financial details analysis from 2024-2030.

Leading Market Player Are:

• 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

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Key Report Highlights  

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

About Us:

We are a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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