The global market for aircraft electrical systems is projected to have considerable CAGR of around 5.5% during the forecast period. The major factor that propels the market growth include the growth in the aviation industry and technological development in the electrical systems. Further, the increased spending and investment in the R&D in the industry along with the launch of the novel planes positively affect the growth of the market. For instance, the Commercial Aircraft Corporation of China Ltd. (COMAC), a Chinese state-owned aerospace manufacturer is a large player and key manufacturer in the aerospace industry.  In May 2017, COMAC launched C919 aircraft with the most advanced technological features and is about to launch more such aircraft including C929 and C939 in the near future. In addition, China also aims to be the leader in the aviation industry as it has opened the largest airport and aims to break Airbus and Boeing’s aviation Duopoly in the region.

 
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The global market for aircraft electrical systems is projected to have considerable CAGR of around 5.5% during the forecast period. The market growth mainly driven by the  growing demand of electrical systems in aircraft coupled with growth in the aviation industry. There is significant adoption of electrical systems for military and commercial aircraft systems and growth in research and rising investments for electrical aircraft systems that further propels the market growth. The electrical aircraft systems provides the energy efficiency aircraft systems that reduces emissions in the environment.  Despite these benefits , aircraft electrical systems have some drawbacks include the requirement of power electronics to handle the increasing loads, and excess of heat created by losses within the electrical power chain. Therefore these drawbacks of aircraft electrical systems further projected to hamper the market growth. 

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Company Profiles

Astronics Corp.
Amphenol Corp.
AMETEK.Inc.
Avionic Instruments, LLC
BAE Systems plc
Crane Aerospace & Electronics
Carlisle Companies Inc.
EaglePicher Technologies, LLC
General Electric Co.
Honeywell International Inc.

Market Segmentation
Global Aircraft Electrical Systems Market by Component Type

Generators 
 Distribution Devices
Conversion Devices
 Battery Management Systems

Global Aircraft Electrical Systems Market by Platform

General Aviation
 Commercial Aviation
 Military Aviation





Market Segmentation

Global Aircraft Electrical Systems Market– Segmentation by Region
North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America


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