Global Aircraft Electrical Systems Market Size Study & Forecast, by System, Component, Technology, Platform, End-User, Application and Regional Forecasts 2025-2035

Description

The Global Aircraft Electrical Systems Market is valued at approximately USD 25.11 billion in 2024 and is projected to expand at a dynamic CAGR of 6.80% throughout the forecast period from 2025 to 2035. As the aviation industry pivots toward sustainability, electrification, and enhanced operational efficiency, aircraft electrical systems have come to occupy a pivotal role in next-generation airframe design and aerospace engineering. These systems, responsible for powering navigation, avionics, environmental control, propulsion, and safety-critical subsystems, are seeing a transformational upgrade fueled by growing demand for more electric and hybrid-electric aircraft. The market's growth trajectory is underpinned by rising aircraft production, increasing air traffic, and significant investments in energy-efficient technologies that reduce maintenance costs and carbon emissions.

The momentum behind "More Electric Aircraft" (MEA) initiatives is pushing aerospace manufacturers to retrofit older fleets and reimagine new models with lightweight electrical systems replacing pneumatic and hydraulic architectures. Innovations in power generation, energy storage, conversion, and distribution technologies are making aircraft systems increasingly autonomous, responsive, and optimized for real-time performance. As electric propulsion edges closer to mainstream adoption, especially in urban air mobility and regional aircraft segments, players in the aircraft electrical systems value chain are aggressively channeling capital into R&D, strategic alliances, and modular system development to futureproof their portfolios. However, challenges related to thermal management, voltage fluctuations, and complex system integration remain crucial areas requiring advanced engineering solutions.

Regionally, North America commanded the largest market share in 2024, driven by established aerospace OEMs, a strong aftermarket ecosystem, and sustained defense aviation budgets. The region's focus on developing electrified fighter aircraft, UAVs, and commercial airliners is catalyzing demand for high-performance electrical infrastructure. Meanwhile, the Asia Pacific region is poised for the fastest growth, as regional carriers rapidly expand fleets to meet burgeoning passenger demand. Countries such as China, India, and Japan are not only increasing domestic aircraft manufacturing but also investing in aviation electrification initiatives through public-private partnerships. Europe continues to strengthen its position with EU-funded programs such as Clean Aviation, fostering next-gen electric aircraft platforms and eco-efficient power architectures.

Major market players included in this report are:

Honeywell International Inc.
Safran S.A.
Collins Aerospace (Raytheon Technologies Corporation)
Thales Group
GE Aviation
AMETEK Inc.
Eaton Corporation
Astronics Corporation
Meggitt PLC
TTTech Computertechnik AG
Liebherr Group
BAE Systems
Parker-Hannifin Corporation
Crane Aerospace & Electronics
Diehl Aerospace GmbH

Global Aircraft Electrical Systems Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By System:

Power Generation
Power Conversion
Power Distribution
Energy Storage

By Component:

(Component-level segmentation based on available data)

By Technology:

(Technology-level segmentation based on available data)

By Platform:

Commercial Aviation
Military Aviation
Business & General Aviation

By End-User:

(End-user segmentation based on available data)

By Application:

(Application-level segmentation based on available data)

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Aircraft Electrical Systems Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top-Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Aircraft Electrical Systems Market Forces Analysis

3.1. Market Forces Shaping the Global Aircraft Electrical Systems Market 2024-2035
3.2. Drivers
- 3.2.1. Accelerated Adoption of More Electric Aircraft (MEA) Initiatives
- 3.2.2. Rising Emphasis on Sustainable and Energy-Efficient Designs
- 3.2.3. Growing Aircraft Production and Air Traffic Volumes
3.3. Restraints
- 3.3.1. Complex Integration with Legacy Hydraulic and Pneumatic Systems
- 3.3.2. High R&D and Certification Costs
- 3.3.3. Thermal Management and Voltage Stability Challenges
3.4. Opportunities
- 3.4.1. Expansion into Urban Air Mobility and Hybrid-Electric Platforms
- 3.4.2. Strategic Alliances Between OEMs and Technology Providers
- 3.4.3. Advances in High-Density Energy Storage and Power Electronics

Chapter 4. Global Aircraft Electrical Systems Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's Five Forces Forecast Model 2024-2035
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies 2025
4.6. Market Share Analysis 2024-2025
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Aircraft Electrical Systems Market Size & Forecasts by System (2025-2035)

5.1. Market Overview
5.2. Power Generation
- 5.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.2.2. Market Size Analysis, by Region, 2025-2035
5.3. Power Conversion
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035
5.4. Power Distribution
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market Size Analysis, by Region, 2025-2035
5.5. Energy Storage
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market Size Analysis, by Region, 2025-2035

Chapter 6. Global Aircraft Electrical Systems Market Size & Forecasts by Component (2025-2035)

6.1. Market Overview
6.2. (Component-level segmentation based on available data)
- 6.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.2.2. Market Size Analysis, by Region, 2025-2035

Chapter 7. Global Aircraft Electrical Systems Market Size & Forecasts by Technology (2025-2035)

7.1. Market Overview
7.2. (Technology-level segmentation based on available data)
- 7.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.2.2. Market Size Analysis, by Region, 2025-2035

Chapter 8. Global Aircraft Electrical Systems Market Size & Forecasts by Platform (2025-2035)

8.1. Market Overview
8.2. Commercial Aviation
- 8.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.2.2. Market Size Analysis, by Region, 2025-2035
8.3. Military Aviation
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market Size Analysis, by Region, 2025-2035
8.4. Business & General Aviation
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market Size Analysis, by Region, 2025-2035

Chapter 9. Global Aircraft Electrical Systems Market Size & Forecasts by End-User (2025-2035)

9.1. Market Overview
9.2. (End-user segmentation based on available data)
- 9.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 9.2.2. Market Size Analysis, by Region, 2025-2035

Chapter 10. Global Aircraft Electrical Systems Market Size & Forecasts by Application (2025-2035)

10.1. Market Overview
10.2. (Application-level segmentation based on available data)
- 10.2.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 10.2.2. Market Size Analysis, by Region, 2025-2035

Chapter 11. Global Aircraft Electrical Systems Market Size & Forecasts by Region (2025-2035)

11.1. Market, Regional Snapshot
11.2. Top Leading & Emerging Countries
11.3. North America Aircraft Electrical Systems Market
- 11.3.1. U.S.
  - 11.3.1.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.3.1.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.3.2. Canada
  - 11.3.2.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.3.2.2. Platform Breakdown Size & Forecasts, 2025-2035
11.4. Europe Aircraft Electrical Systems Market
- 11.4.1. UK
  - 11.4.1.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.4.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 11.4.2. Germany
  - 11.4.2.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.4.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 11.4.3. France
  - 11.4.3.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.4.3.2. Application Breakdown Size & Forecasts, 2025-2035
- 11.4.4. Spain
  - 11.4.4.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.4.4.2. Application Breakdown Size & Forecasts, 2025-2035
- 11.4.5. Italy
  - 11.4.5.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.4.5.2. Application Breakdown Size & Forecasts, 2025-2035
- 11.4.6. Rest of Europe
  - 11.4.6.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.4.6.2. Application Breakdown Size & Forecasts, 2025-2035
11.5. Asia Pacific Aircraft Electrical Systems Market
- 11.5.1. China
  - 11.5.1.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.5.1.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.5.2. India
  - 11.5.2.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.5.2.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.5.3. Japan
  - 11.5.3.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.5.3.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.5.4. Australia
  - 11.5.4.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.5.4.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.5.5. South Korea
  - 11.5.5.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.5.5.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.5.6. Rest of Asia Pacific
  - 11.5.6.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.5.6.2. Application Breakdown Size & Forecasts, 2025-2035
11.6. Latin America Aircraft Electrical Systems Market
- 11.6.1. Brazil
  - 11.6.1.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.6.1.2. Application Breakdown Size & Forecasts, 2025-2035
- 11.6.2. Mexico
  - 11.6.2.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.6.2.2. Application Breakdown Size & Forecasts, 2025-2035
11.7. Middle East & Africa Aircraft Electrical Systems Market
- 11.7.1. UAE
  - 11.7.1.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.7.1.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.7.2. Saudi Arabia
  - 11.7.2.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.7.2.2. Application Breakdown Size & Forecasts, 2025-2035
- 11.7.3. South Africa
  - 11.7.3.1. System Breakdown Size & Forecasts, 2025-2035
  - 11.7.3.2. Platform Breakdown Size & Forecasts, 2025-2035
- 11.7.4. Rest of Middle East & Africa
  - 11.7.4.1. End-User Breakdown Size & Forecasts, 2025-2035
  - 11.7.4.2. Application Breakdown Size & Forecasts, 2025-2035

Chapter 12. Competitive Intelligence

12.1. Top Market Strategies
12.2. Honeywell International Inc.
- 12.2.1. Company Overview
- 12.2.2. Key Executives
- 12.2.3. Company Snapshot
- 12.2.4. Financial Performance (Subject to Data Availability)
- 12.2.5. Product/Services Portfolio
- 12.2.6. Recent Development
- 12.2.7. Market Strategies
- 12.2.8. SWOT Analysis
12.3. Safran S.A.
12.4. Collins Aerospace (Raytheon Technologies Corporation)
12.5. Thales Group
12.6. GE Aviation
12.7. AMETEK Inc.
12.8. Eaton Corporation
12.9. Astronics Corporation
12.10. Meggitt PLC
12.11. TTTech Computertechnik AG
12.12. Liebherr Group
12.13. BAE Systems
12.14. Parker-Hannifin Corporation
12.15. Crane Aerospace & Electronics
12.16. Diehl Aerospace GmbH