Global Aircraft Electrical System Market Size Will Reach to $28.32 Billion By 2028: Polaris Market Research
The global aircraft electrical system market size is expected to reach USD 28.32 billion by 2028 according to a new study by Polaris Market Research.
The aircraft industry has been increasingly adopting power electronic products embedded in its key application areas, which are one of the main driving factors for electrical products in the global market. The trend of the switch from conventional pneumatic and hydraulic to electrical systems is further driving the market growth.
Request Sample Copy of Research Report @ https://www.polarismarketresearch.com/industry-analysis/aircraft-electrical-system-market/request-for-sample
(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology.)
Modern aircraft programs have high-power engines with enhanced thrust and electronic integration for smooth control and operations of different airplane. Additionally, increasing penetration of IFE (In-Flight Entertainment) and IoT (Internet of Things) in modern airplane programs is also fueling the market growth.
Among system types, power generation holds huge dominance and offers significant growth opportunities in the global market. Modern airplane platforms demand higher frequency and high voltage switching with growing power needs, thereby fueling the market of power generation segment. Growing power demand facilitates efficient electric products with enhanced arc fault detection and highly reliable generator systems.
Market participants such Acme Aerospace Inc. & Avionic Instruments, LLC, AMETEK Inc., Amphenol Corporation, Astronics Corporation, BAE Systems, Carlisle Interconnect Technologies, Collins Aerospace, Crane Aerospace & Electronics, Delorean Aerospace LLC, EaglePicher Technologies, Esterline Technologies, GE Aviation, Hartzell Engine Technologies LLC, Honeywell International, Meggitt plc, PBS AEROSPACE, Pioneer Magnetics, Radiant Power Corp, Safran SA, Thales Group are some of the key players competing in the global market.
Leading players serving the market are working on improving more efficient designs of electric products with enhanced efficiency. In Aug 2021, Microchip Technology Inc. announced the development of the power modules family (BL1, BL2, and BL3), providing greater efficiency within power conversion and generation, supporting the trend of electrification in the airplane industry.
Inquire more about this report before purchase @ https://www.polarismarketresearch.com/industry-analysis/aircraft-electrical-system-market/inquire-before-buying
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
Polaris Market Research has segmented the aircraft electrical system market report on the basis of aircraft, system, component, application, and region:
Aircraft Electrical System, Aircraft Outlook (Revenue–USD Billion, 2016 – 2028)
- Narrow-body
- Wide-body
- Regional
- General Aviation
- Helicopter
- Military
Aircraft Electrical System, System Outlook (Revenue – USD Billion, 2016 – 2028)
- Power Generation
- Power Distribution
- Power Conversion
- Storage
Aircraft Electrical System, Component Outlook (Revenue – USD Billion, 2016 – 2028)
- Generators
- Relays & Contactors
- Conversion Components
- Circuit Breakers
- Battery
- Others
Aircraft Electrical System, Application Outlook (Revenue – USD Billion, 2016 – 2028)
- Power Generation
- Cabin Operations
- Configuration Management
- Utility Management
- Others
Browse detail report with in-depth TOC
About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.
Contact Us:
Polaris Market Research
Phone: +1-929-297-9727