Global Market for Aircraft Electrical Systems

Dublin, Feb. 09, 2023 (GLOBE NEWSWIRE) -- The "Aircraft Electrical Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Aircraft Electrical Systems estimated at US$19.7 Billion in the year 2022, is projected to reach a revised size of US$27.4 Billion by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030.

Power Generation, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$11.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Power Distribution segment is readjusted to a revised 4.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 7.2% CAGR

The Aircraft Electrical Systems market in the U.S. is estimated at US$5.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.8 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.7 Billion by the year 2030.

Select Competitors (Total 44 Featured) -

• Astronics Corporation

• Crane Aerospace & Electronics

• Elbit Systems Ltd.

• GE Aviation

• Hartzell Engine Technologies LLC

• Honeywell International, Inc.

• Safran

• Thales Group

• United Technologies Corporation (UTC)

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Report Metrics:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Aircraft Electrical Systems: An Introduction

• Basic Electrical System

• Power and Ground

• Normal Operation

• Electrical Failures

• Voltage

• Power Generation

• Power Conversion

• Power Distribution

• Energy Storage Device

• Aircraft Electrical Systems: Market Overview

• Need for New Generation Aircraft Driving Growth in Aircraft Electrical Systems Market

• US: A Key Market

• Aircraft Electrical Systems - Global Key Competitors Percentage Market Share in 2022 (E)

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• High Reliability and Lightweight: Key Essential Requisites of Aircraft Electrical Equipment Design

• Technological Advancements Leading to Growth in the Aircraft Electrical Systems Market

• Electronic Code of Federal Regulations for Electrical Systems and Equipment in USA

• Australian Civil Aviation Regulation Mandates Periodic Inspection of the Electrical System

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/xp8hfh

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• Global Market for Aircraft Electrical Systems

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