Global Aircraft Electrical Systems Strategic Report 2023: Players Include Elbit Systems, GE Aviation, Hartzell Engine Technologies and Honeywell International


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:

Report AttributeDetails
No. of Pages243
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$19.7 Billion
Forecasted Market Value (USD) by 2030$27.4 Billion
Compound Annual Growth Rate4.2%
Regions CoveredGlobal

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

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Market for Aircraft Electrical Systems

Contact Data