Aircraft Electrical System Market Research Report by System, Component, End User, Application, Technology, Platform, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

The Global Aircraft Electrical System Market size was estimated at USD 7,291.93 million in 2021 and expected to reach USD 7,865.81 million in 2022, and is projected to grow at a CAGR 8.12% to reach USD 11,651.95 million by 2027.

Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Aircraft Electrical System to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on System, the market was studied across Energy Storage, Power Conversion, Power Distribution, and Power Generation.

Based on Component, the market was studied across Battery Management Systems, Conversion devices, Distribution devices, and Generators.

Based on End User, the market was studied across Aftermarket and OEM.

Based on Application, the market was studied across Air Pressurization & Conditioning, Cabin System, Configuration Management, Flight Control & Operation, and Power Generation Management.

Based on Technology, the market was studied across Conventional, Electric, and More Electric.

Based on Platform, the market was studied across Business & General Aviation, Commercial Aviation, and Military Aviation.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Aircraft Electrical System market considering the current update on the conflict and its global response.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Aircraft Electrical System Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Aircraft Electrical System Market, including Ametek, Inc., Amphenol Corporation, Astronics Corporation, Avionic Instruments LLC, BAE Systems plc, Crane Aerospace & Electronics, EaglePicher Technologies LLC, Esterline Technologies Corporation, General Electric Company, Hartzell Engine Technologies LLC, Honeywell International Inc., Meggitt PLC, Nabtesco Corporation, PBS Aerospace Inc., Pioneer Magnetics Inc, Radiant Power Corporation, Safran S.A., Tensolite LLC, Thales Group, and United Technologies Corporation.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Aircraft Electrical System Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Aircraft Electrical System Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Aircraft Electrical System Market?
4. What is the competitive strategic window for opportunities in the Global Aircraft Electrical System Market?
5. What are the technology trends and regulatory frameworks in the Global Aircraft Electrical System Market?
6. What is the market share of the leading vendors in the Global Aircraft Electrical System Market?
7. What modes and strategic moves are considered suitable for entering the Global Aircraft Electrical System Market?

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Optimized aircraft performance through the use of more electric technology
5.1.1.2. Increased demand for power generation to ensure minimum fuel supply
5.1.1.3. Surging advancements in high-density battery solutions for electric aircraft
5.1.2. Restraints
5.1.2.1. Lack of aviation infrastructure coupled with high investment procedures
5.1.3. Opportunities
5.1.3.1. Emergence of technologically advanced aircraft electrical solutions and increased developments for load capacity
5.1.3.2. Huge investments by the governments and private sector for the development of aircraft electrical systems
5.1.3.3. Increasing demand for the lightweight wiring in aircraft electrical systems
5.1.4. Challenges
5.1.4.1. Stringent regulatory norms for the development of aircraft electrical systems
5.2. Cumulative Impact of COVID-19

6. Aircraft Electrical System Market, by System
6.1. Introduction
6.2. Energy Storage
6.3. Power Conversion
6.4. Power Distribution
6.5. Power Generation

7. Aircraft Electrical System Market, by Component
7.1. Introduction
7.2. Battery Management Systems
7.3. Conversion devices
7.4. Distribution devices
7.5. Generators

8. Aircraft Electrical System Market, by End User
8.1. Introduction
8.2. Aftermarket
8.3. OEM

9. Aircraft Electrical System Market, by Application
9.1. Introduction
9.2. Air Pressurization & Conditioning
9.3. Cabin System
9.4. Configuration Management
9.5. Flight Control & Operation
9.6. Power Generation Management

10. Aircraft Electrical System Market, by Technology
10.1. Introduction
10.2. Conventional
10.3. Electric
10.4. More Electric

11. Aircraft Electrical System Market, by Platform
11.1. Introduction
11.2. Business & General Aviation
11.3. Commercial Aviation
11.4. Military Aviation

12. Americas Aircraft Electrical System Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Aircraft Electrical System Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Aircraft Electrical System Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.1.1. Quadrants
15.1.2. Business Strategy
15.1.3. Product Satisfaction
15.2. Market Ranking Analysis, By Key Player
15.3. Market Share Analysis, By Key Player
15.4. Competitive Scenario
15.4.1. Merger & Acquisition
15.4.2. Agreement, Collaboration, & Partnership
15.4.3. New Product Launch & Enhancement
15.4.4. Investment & Funding
15.4.5. Award, Recognition, & Expansion

16. Company Usability Profiles
16.1. Ametek, Inc.
16.1.1. Business Overview
16.1.2. Key Executives
16.1.3. Product & Services
16.2. Amphenol Corporation
16.2.1. Business Overview
16.2.2. Key Executives
16.2.3. Product & Services
16.3. Astronics Corporation
16.3.1. Business Overview
16.3.2. Key Executives
16.3.3. Product & Services
16.4. Avionic Instruments LLC
16.4.1. Business Overview
16.4.2. Key Executives
16.4.3. Product & Services
16.5. BAE Systems plc
16.5.1. Business Overview
16.5.2. Key Executives
16.5.3. Product & Services
16.6. Crane Aerospace & Electronics
16.6.1. Business Overview
16.6.2. Key Executives
16.6.3. Product & Services
16.7. EaglePicher Technologies LLC
16.7.1. Business Overview
16.7.2. Key Executives
16.7.3. Product & Services
16.8. Esterline Technologies Corporation
16.8.1. Business Overview
16.8.2. Key Executives
16.8.3. Product & Services
16.9. General Electric Company
16.9.1. Business Overview
16.9.2. Key Executives
16.9.3. Product & Services
16.10. Hartzell Engine Technologies LLC
16.10.1. Business Overview
16.10.2. Key Executives
16.10.3. Product & Services
16.11. Honeywell International Inc.
16.11.1. Business Overview
16.11.2. Key Executives
16.11.3. Product & Services
16.12. Meggitt PLC
16.12.1. Business Overview
16.12.2. Key Executives
16.12.3. Product & Services
16.13. Nabtesco Corporation
16.13.1. Business Overview
16.13.2. Key Executives
16.13.3. Product & Services
16.14. PBS Aerospace Inc.
16.14.1. Business Overview
16.14.2. Key Executives
16.14.3. Product & Services
16.15. Pioneer Magnetics Inc
16.15.1. Business Overview
16.15.2. Key Executives
16.15.3. Product & Services
16.16. Radiant Power Corporation
16.16.1. Business Overview
16.16.2. Key Executives
16.16.3. Product & Services
16.17. Safran S.A.
16.17.1. Business Overview
16.17.2. Key Executives
16.17.3. Product & Services
16.18. Tensolite LLC
16.18.1. Business Overview
16.18.2. Key Executives
16.18.3. Product & Services
16.19. Thales Group
16.19.1. Business Overview
16.19.2. Key Executives
16.19.3. Product & Services
16.20. United Technologies Corporation
16.20.1. Business Overview
16.20.2. Key Executives
16.20.3. Product & Services

17. Appendix
17.1. Discussion Guide
17.2. License & Pricing