Aircraft Electrical Systems Market to Record 4.38% of Y-O-Y Growth Rate in 2022 | 34% of the growth to Originate from Europe | Technavio

• Total Pages: 120
• Companies: 10+ – Including AMETEK Inc., Amphenol Corp., Astronics Corp., B and C Specialty Products Inc., BAE Systems Plc, Carlisle Companies Inc., Collins Aerospace, Crane Aerospace Electronics, EaglePicher Technologies LLC, Electric Power Systems, General Electric Co., Honeywell International Inc., Meggitt Plc, Nabtesco Corp., PBS Aerospace Inc., Safran SA, Thales Group, TransDigm Group Inc., and HEICO Corp. among others.
• Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
• Segments: Platform (commercial aviation, military aviation, and business and general aviation)
• Geographies: North America, Europe, APAC, South America, and Middle East and Africa

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According to the recent market study by Technavio, the Aircraft Electrical Systems Market's potential growth difference will be USD 4.70 billion from 2021 to 2026, with an accelerated CAGR of 4.64%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.

Europe will register the highest growth rate of 34% among the other regions. France and Germany are the key markets for aircraft electrical systems market in Europe. Market growth in this region will be slower than the growth of the market in APAC and South America. Another key region contributing significantly to the growth of the market is North America. The demand resulting from increased global air travel and fleet replacement necessities of aircraft operators will facilitate the aircraft electrical systems market growth in North America over the forecast period.

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Vendor Insights-

The aircraft electrical systems market is fragmented and the vendors are deploying growth strategies such as product quality, cost, and reliability to compete in the market. Our report provides extensive information on the value chain analysis for the aircraft electrical systems market, which vendors can leverage to gain a competitive advantage during the forecast period. Technavio categorizes the global aircraft electrical systems market as a part of the global aerospace & defense market.

Some of the major vendors covered in this report are:

• AMETEK Inc.
• Amphenol Corp.
• Astronics Corp.
• B and C Specialty Products Inc.
• BAE Systems Plc
• Carlisle Companies Inc.
• Collins Aerospace
• Crane Aerospace Electronics
• EaglePicher Technologies LLC
• Electric Power Systems
• General Electric Co.
• Honeywell International Inc.
• Meggitt Plc
• Nabtesco Corp.
• PBS Aerospace Inc.
• Safran SA
• Thales Group
• TransDigm Group Inc.
• HEICO Corp.

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Key Segment Highlights

By Platform

• Commercial aviation
  The commercial aviation segment held the largest aircraft electrical systems market share in 2021. The segment will continue to account for the largest share during the forecast period. The growth of the commercial aviation industry can be attributed to factors such as technological advancement and the increasing preference of consumers for air travel. The global population has witnessed an increase in per capita income on average. Moreover, air travel has become more economical, which has led to increased passenger traffic. Such increasing demand will drive the segment growth during the forecast period.
• Military aviation
• Business and general aviation

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Latest Drivers & Trends Driving the Market-

• Aircraft Electrical Systems Market Driver:
• Growing Demand for Commercial Aircraft:

Emerging economies across the globe including India and China are focusing on introducing innovative solutions for production of aircrafts.  India's civil aviation industry is moving from nascency toward the growth phase and progressing rapidly in aircraft manufacturing. The growth in commercial aircraft production results in subsequent increases in aircraft electrical systems such as engines and other electric components. Thus, the growth in the commercial aircraft segment will increase the application for aircraft electrical systems, which will drive growth in the market in focus during the forecast period.

• Aircraft Electrical Systems Market Trend:
• Technological Innovations:

Technological innovations in aircraft electric systems is another factor supporting the aircraft electrical systems market growth. For instance, in June 2021, Collins Aerospace, a Raytheon Technologies business, announced it has completed a critical design review and started fabrication of a 500-kilowatt electric motor for the Airlander 10 aircraft under a partnership with Hybrid Air Vehicles and the University of Nottingham. Similarly, in 2021, NASA chose two US companies to develop electric propulsion technologies for aircraft, with the aim of introducing this tech to US aviation fleets by 2035. These innovations will drive the market growth during the forecast period. 

Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Platform
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Platform

• 5.1 Market segments
• Exhibit 24: Chart on Platform - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Platform - Market share 2021-2026 (%)

• 5.2 Comparison by Platform
• Exhibit 26: Chart on Comparison by Platform
• Exhibit 27: Data Table on Comparison by Platform

• 5.3 Commercial aviation - Market size and forecast 2021-2026
• Exhibit 28: Chart on Commercial aviation - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Commercial aviation - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Commercial aviation - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Commercial aviation - Year-over-year growth 2021-2026 (%)

• 5.4 Military aviation - Market size and forecast 2021-2026
• Exhibit 32: Chart on Military aviation - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Military aviation - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Military aviation - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Military aviation - Year-over-year growth 2021-2026 (%)

• 5.5 Business and general aviation - Market size and forecast 2021-2026
• Exhibit 36: Chart on Business and general aviation - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Business and general aviation - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Business and general aviation - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Business and general aviation - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Platform
• Exhibit 40: Market opportunity by Platform ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 France - Market size and forecast 2021-2026
• Exhibit 70: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026
• Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 AMETEK Inc.
• Exhibit 93: AMETEK Inc. - Overview
• Exhibit 94: AMETEK Inc. - Business segments
• Exhibit 95: AMETEK Inc. - Key offerings
• Exhibit 96: AMETEK Inc. - Segment focus

• 10.4 Amphenol Corp.
• Exhibit 97: Amphenol Corp. - Overview
• Exhibit 98: Amphenol Corp. - Business segments
• Exhibit 99: Amphenol Corp. - Key news
• Exhibit 100: Amphenol Corp. - Key offerings
• Exhibit 101: Amphenol Corp. - Segment focus

• 10.5 Astronics Corp.
• Exhibit 102: Astronics Corp. - Overview
• Exhibit 103: Astronics Corp. - Business segments
• Exhibit 104: Astronics Corp. - Key offerings
• Exhibit 105: Astronics Corp. - Segment focus

• 10.6 Collins Aerospace
• Exhibit 106: Collins Aerospace - Overview
• Exhibit 107: Collins Aerospace - Product / Service
• Exhibit 108: Collins Aerospace - Key news
• Exhibit 109: Collins Aerospace - Key offerings

• 10.7 Crane Aerospace Electronics
• Exhibit 110: Crane Aerospace Electronics - Overview
• Exhibit 111: Crane Aerospace Electronics - Business segments
• Exhibit 112: Crane Aerospace Electronics - Key offerings
• Exhibit 113: Crane Aerospace Electronics - Segment focus

• 10.8 General Electric Co.
• Exhibit 114: General Electric Co. - Overview
• Exhibit 115: General Electric Co. - Business segments
• Exhibit 116: General Electric Co. - Key news
• Exhibit 117: General Electric Co. - Key offerings
• Exhibit 118: General Electric Co. - Segment focus

• 10.9 Honeywell International Inc.
• Exhibit 119: Honeywell International Inc. - Overview
• Exhibit 120: Honeywell International Inc. - Business segments
• Exhibit 121: Honeywell International Inc. - Key news
• Exhibit 122: Honeywell International Inc. - Key offerings
• Exhibit 123: Honeywell International Inc. - Segment focus

• 10.10 Safran SA
• Exhibit 124: Safran SA - Overview
• Exhibit 125: Safran SA - Business segments
• Exhibit 126: Safran SA - Key offerings
• Exhibit 127: Safran SA - Segment focus

• 10.11 Thales Group
• Exhibit 128: Thales Group - Overview
• Exhibit 129: Thales Group - Business segments
• Exhibit 130: Thales Group - Key offerings
• Exhibit 131: Thales Group - Segment focus

• 10.12 TransDigm Group Inc.
• Exhibit 132: TransDigm Group Inc. - Overview
• Exhibit 133: TransDigm Group Inc. - Business segments
• Exhibit 134: TransDigm Group Inc. - Key offerings
• Exhibit 135: TransDigm Group Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 136: Inclusions checklist
• Exhibit 137: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 138: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 139: Research methodology
• Exhibit 140: Validation techniques employed for market sizing
• Exhibit 141: Information sources

• 11.5 List of abbreviations
• Exhibit 142: List of abbreviations
•  

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