Aircraft electrical systems generate, distribute, and regulate power throughout the aircraft. The system mainly consists of power sources like batteries and generators, components like conversion devices, control devices, and protection devices, and power distribution systems that include busbar systems, cables, and wires. The electrical loads in an aircraft are mainly avionics, lighting systems, heating systems, and motors. The performance of an aircraft depends on the reliability and efficiency of electrical systems and subsystems, as modern aircraft largely rely on electrical power for both flight-critical and non-flight critical applications.
Technavio’s analysts forecast the global commercial aircraft electrical systems market to grow at a CAGR of 6.11% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global commercial aircraft electrical systems market for 2017-2021. To calculate the market size, the report considers the installation of electrical systems in commercial aircraft, namely narrow-body aircraft, wide-body aircraft, and regional jets, during the forecast period.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Commercial Aircraft Electrical Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Honeywell International • Thales • United Technologies Corporation (UTC) • Safran • Zodiac Aerospace
Other prominent vendors • Astronics • Crane Aerospace & Electronics • Fokker Technologies • GE Aviation
Market driver • Growing demand for procurement of newer generation aircraft • For a full, detailed list, view our report
Market challenge • Delay in aircraft delivery • For a full, detailed list, view our report
Market trend • Introduction of electric environmental control system • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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