Aircraft
Electrical Systems Market Current Status, In-depth Analysis and Forecast
Outlook 2031

The
global aircraft electrical systems market is expected to grow at a significant
CAGR during the forecast period. The rising need for electrical systems in
aircraft, combined with the expansion of the aviation sector, has fueled the
market growth. Electrical systems are being widely used for military and
commercial aircraft, and research and investment in electrical aviation systems
are increasing, driving the market ahead. Electrical aircraft systems provide
energy-efficient aircraft technologies that decrease the environmental
pollution.

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Most
non-propulsive systems in a typical aircraft are powered by a combination of
pneumatic, hydraulic, mechanical, and electric power sources. However, these
systems have several drawbacks, including low fuel conversion efficiency and
the possibility for corrosive fluid leaks, as well as a significant fire
danger. More electric technology, on the other hand, refers to the use of
electricity to power the majority of an aircraft's non-propulsive systems. The
more electric architecture is power-optimized to maximise performance while
consuming less energy. By eliminating the requirement for hydraulic reservoirs,
the switch from hydraulic to electric power makes the aircraft lighter. The
fuel economy improves as the total weight of the aircraft is reduced. As a
result, aircraft performance improvement is a key growth driver for the global
aircraft electrical systems market.

The
introduction of the more-electric aircraft idea changed traditional aircraft
electrical power design. Due to the use of sophisticated power electronics and
fewer hydraulic and pneumatic components in the engine installation, the
more-electric architecture improves fuel economy, lowers maintenance costs, and
improves dependability. As part of their operational scaling strategy, some
commercial operators are exploring fleet growth. During the forecast period,
such procurement orders will drive market players’ commercial
opportunities. 

For
instance, Virgin Atlantic ordered 14 A330-900neos in June 2019. Qantas Airways
Ltd (Qantas) changed their order for 26 A321neo aircraft into A321 XLRs in the
same month. In addition, Qantas has extended its order for a further ten A321
XLRs for USD 1.4 billion. Furthermore, KLM Royal Dutch Airlines signed a USD
751 million order for two B777-300ER aircraft in September 2019. The integrated
drive generators and generator control units for the B777 series are provided
by Collins Aerospace (UTC), while the integrated AC and DC motors are provided
by Ontic.

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Market
Coverage

• Segment Covered- 

o             By Component Type 

o             By Platform 

• Competitive Landscape:
  Honeywell International Inc., General Electric Co., Safran S.A., Thales
  Group, Raytheon Technologies Corp., and others.

Key
questions addressed by the report

• What is the market growth
  rate?


• Which segment and region
  dominates the market in base year?


• Which segment and region
  will project fastest growth in the market?


• How COVID-19 impacted the
  market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

• Who is the leader in the
  market?


• How players are addressing
  challenges to sustain growth?


• Where is the investment
  opportunity?

Global
Aircraft Electrical Systems Market by Segment 

By
Component Type

•                
Generators

•                
Distribution Devices

•                
Conversion Devices

•                
Battery Management Systems

By
Platform

•                
General Aviation

•                
Commercial Aviation

•                
Military Aviation

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