Aircraft electrical systems generate, distribute, and regulate power throughout the aircraft. The system mainly consists of power sources like batteries and generators, components like conversion devices, control devices, and protection devices, and power distribution systems that include busbar systems, cables, and wires. The electrical loads in an aircraft are mainly avionics, lighting systems, heating systems, and motors. The performance of an aircraft depends on the reliability and efficiency of electrical systems and subsystems, as modern aircraft largely rely on electrical power for both flight-critical and non-flight critical applications.
Based on technology, the energy storage device segment is projected to grow at the highest CAGR from 2018 to 2023. The expected growth in this segment is attributed to the drop in prices of the lithium-ion battery technology and the rise in the development of aircraft with more electrical systems.
In 2019, the market size of Aircraft Electrical System is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Aircraft Electrical System.
This report studies the global market size of Aircraft Electrical System, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Aircraft Electrical System production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
United Technologies Corporation (UTC)
Crane Aerospace & Electronics
Market Segment by Product Type
Energy Storage Device
Market Segment by Application
Aircraft Utility Management
Flight Control & Operations
Power Generation Management
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Aircraft Electrical System status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Aircraft Electrical System manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Aircraft Electrical System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025