Aircraft Electrical Systems Market Analysis and Growth Forecast by 2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Aircraft Electrical Systems Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Aircraft Electrical Systems, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019–22

• Base Year: 2023

• Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/global-aircraft-electrical-system-market.html   (Discover the market potential, platform-specific insights, and key industry trends.)

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Aircraft Electrical Systems Market Outlook

The Global Aircraft Electrical Systems Market size was valued at around USD 17.5 billion in 2023 and is projected to reach USD 28.5 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.9% during the forecast period, i.e., 2024-30. The focus on reliability and security, rising spending by many nations to bolster their aerial defense, a shift toward More Electric Aircraft (MEA), rising air travel demand, growing use of unmanned aerial vehicles (UAVs), strict environmental regulations, etc. are some of the major factors driving the growth of the Aircraft Electrical Systems Market. Additionally, ongoing developments in power electronics, battery technology, and wiring materials are making it possible to create electrical components for airplanes that are lighter, more dependable, and more efficient. This makes it possible to install an aircraft electrical system that is more robust and adaptable.

Aircraft Electrical Systems Market Drivers:

Inclination Toward More Electric Technology to Optimize Overall Aircraft Performance – The shift toward more electric technology is, in fact, one of the main forces behind the aircraft electrical systems market. In many aircraft tasks, this trend is typified by a move away from conventional pneumatic and hydraulic systems and toward electrical alternatives. The rising use of electric technology in aircraft is a result of several variables, all of which have a major impact on the growth and development of aircraft electrical systems.

View Full Report (All Data, In One Place): - https://www.marknteladvisors.com/research-library/global-aircraft-electrical-system-market.html   (Explore in-depth analyses, technological trends, and investment patterns.)

Aircraft Electrical Systems Market Trends:

In-flight Entertainment & Connectivity (IFEC) is Gaining Traction – On flights, passengers are expecting more and more interactive entertainment options and seamless internet access. Due to the need for increasingly robust onboard Wi-Fi networks, a variety of streaming video servers, and interactive apps, airlines are compelled to invest in sophisticated IFEC systems.

Aircraft Electrical Systems Market Segmentation

The study categorizes the Aircraft Electrical Systems into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Components

• Generators- Market Size & Forecast 2019-2030F, USD Million

  • Starter Generators- Market Size & Forecast 2019-2030F, USD Million

  • Auxiliary Power Unit (APU)- Market Size & Forecast 2019-2030F, USD Million

  • Integrated Device Generators (IDG)- Market Size & Forecast 2019-2030F, USD Million

  • Variable Speed Constant Frequency (VSCF) Generator- Market Size & Forecast 2019-2030F, USD Million

  • Generator Control Unit (GCU)- Market Size & Forecast 2019-2030F, USD Million

• Conversion Devices- Market Size & Forecast 2019-2030F, USD Million

  • Inverter- Market Size & Forecast 2019-2030F, USD Million

  • Converter- Market Size & Forecast 2019-2030F, USD Million

  • Transformer Rectifier Unit (TRU) - Market Size & Forecast 2019-2030F, USD Million

• Distribution Devices- Market Size & Forecast 2019-2030F, USD Million

  • Wires and Cables- Market Size & Forecast 2019-2030F, USD Million

  • Connectors and Connector Accessories- Market Size & Forecast 2019-2030F, USD Million

  • Busbars- Market Size & Forecast 2019-2030F, USD Million

• Battery Management Systems- Market Size & Forecast 2019-2030F, USD Million

By Systems- Market Size & Forecast 2019-2030F, USD Million

• Power Generation- Market Size & Forecast 2019-2030F, USD Million

• Power Distribution- Market Size & Forecast 2019-2030F, USD Million

• Power Conversion- Market Size & Forecast 2019-2030F, USD Million

• Energy Storage- Market Size & Forecast 2019-2030F, USD Million

By Platform- Market Size & Forecast 2019-2030F, USD Million

• Commercial Aviation- Market Size & Forecast 2019-2030F, USD Million

• Military Aviation- Market Size & Forecast 2019-2030F, USD Million

• Business & General Aviation- Market Size & Forecast 2019-2030F, USD Million

By End User- Market Size & Forecast 2019-2030F, USD Million

• OEM- Market Size & Forecast 2019-2030F, USD Million

• Aftermarket- Market Size & Forecast 2019-2030F, USD Million

By Application- Market Size & Forecast 2019-2030F, USD Million

• Power Generation Management- Market Size & Forecast 2019-2030F, USD Million

• Flight Control & Operation- Market Size & Forecast 2019-2030F, USD Million

• Cabin Systems- Market Size & Forecast 2019-2030F, USD Million

• Configuration Management- Market Size & Forecast 2019-2030F, USD Million

• Air Pressurization & Conditioning- Market Size & Forecast 2019-2030F, USD Million

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• North America

• South America

• Middle East & Africa

• Europe

• Asia-Pacific.

Talk to Our Industry Analyst:  - https://www.marknteladvisors.com/query/talk-to-our-consultant/global-aircraft-electrical-system-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Aircraft Electrical Systems Market Worldwide: Players, Analysis & Future Outlook

• Ametek, Inc.

• Safran

• Astronics Corporation

• Amphenol Corporation

• PBS Aerospace

• Honeywell International Inc.

• Meggitt Plc

• Thales Group

• United Technologies Corporation

• General Electric

• RTX Corporation

• Acme Aerospace Inc. & Avionic Instruments LLC

• Crane Aerospace & Electronics

• Hartzell Engine Technologies LLC

• Nabtesco Corporation

• 
  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.

• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.

• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.

• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-aircraft-electrical-system-market.html   

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Aircraft Electrical Systems?

   
   

    2. What are the major factors driving this market’s growth?

   
   

    3. Which regions are expected to lead the Aircraft Electrical Systems?

   
   

    4. Who are the prominent players in the Aircraft Electrical Systems?

   
   

    5. How is the competition structured in this market?

   
   

    6. How can I access the full report?

About Us

MarkNtel Advisors is a globally recognized market research and consulting firm with deep expertise in the aerospace and defense industry, covering space exploration, aircraft equipment, armed vehicles, avionics, and security & surveillance technologies. Our studies provide global, regional, and country-level intelligence, helping clients assess modernization programs, procurement dynamics, and emerging defense technologies. Built on rigorous primary research, data modeling, and trend calibration, our insights empower stakeholders to anticipate technological shifts and evaluate long-term capability investments. Clients rely on our intelligence for competitive benchmarking, market entry, and defense readiness planning across 80+ countries. Through our Consulting Services, we translate complex data into strategic roadmaps, enabling defense contractors, policymakers, and OEMs to strengthen operational resilience and maintain a strategic edge in evolving defense ecosystems.

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