Market Research Report
Aircraft Electrical Systems - Global Market Outlook (2019 -2027)
|Published by||Stratistics Market Research Consulting||Product code||947057|
|Published||Content info||134 Pages
Delivery time: 2-3 business days
|Aircraft Electrical Systems - Global Market Outlook (2019 -2027)|
|Published: July 1, 2020||Content info: 134 Pages||
According to Stratistics MRC, the Global Aircraft Electrical Systems Market is accounted for $33.81 billion in 2019 and is expected to reach $58.53 billion by 2027 growing at a CAGR of 7.1% during the forecast period. Optimized aircraft performance during the employ of more electric technology and advancements in high-density battery solutions for the market are the major factors propelling the market growth. However, the stringent regulatory norms is hampering the market growth.
An aircraft electrical system is a self-determining network of components that generate, distribute, employ, and store electrical energy. The complexity and capacity of the electrical system varies extremely from single engine aircrafts to modern multi-engine aircrafts. However, the electrical system for both types of engines shares the same basic components. Every aircraft electrical system has units that have the capability of generating electricity.
Based on the component, the generators segment is going to have a lucrative growth during the forecast period. The generators exchange mechanical power into electrical power and are set up in brightness aircraft. An aircraft with an initiator uses series power at low machine. These days, in mainly aircraft, alternators are used as a replacement for generators. The most important deficiency of a generator is that it all the time requires a control circuit to keep up the exact voltage and electrical conditions of the aircraft.
By geography, North America is estimated to have a lucrative growth due to enormous investments in the research and development of more electric aircraft and growing demand for fuel efficient and low maintenance aircraft.
Some of the key players profiled in the Aircraft Electrical Systems Market include Avionic Instruments, LLC, Nabtesco Corporation, Pbs Aerospace, Hartzell Engine Technologies, Crane Aerospace & Electronics, GE Aviation, United Technologies Corporation, Thales Group, Meggitt, Honeywell, Esterline Technologies (Transdigm Group), Amphenol Corporation, Astronics Corporation, Safran and Ametek.
End Users Covered:
What our report offers:
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.