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The global Aircraft Electrical System market was valued at US$ 19400 million in 2022 and is projected to reach US$ 26290 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Aircraft Electrical System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Electrical System. This report contains market size and forecasts of Aircraft Electrical System in global, including the following market information:

• Global Aircraft Electrical System Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Aircraft Electrical System Market Sales, 2018-2023, 2024-2029, (Units)
• Global top five Aircraft Electrical System companies in 2022 (%)

Based on technology, the energy storage device segment is projected to grow at the highest CAGR from 2018 to 2023. The expected growth in this segment is attributed to the drop in prices of the lithium-ion battery technology and the rise in the development of aircraft with more electrical systems.
We surveyed the Aircraft Electrical System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aircraft Electrical System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Aircraft Electrical System Market Segment Percentages, by Type, 2022 (%)

• Power Generation
• Power Conversion
• Power Distribution
• Energy Storage Device

Global Aircraft Electrical System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Aircraft Electrical System Market Segment Percentages, by Application, 2022 (%)

• Aircraft Utility Management
• Configuration Management
• Flight Control & Operations
• Power Generation Management

Global Aircraft Electrical System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Aircraft Electrical System Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aircraft Electrical System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Aircraft Electrical System revenues share in global market, 2022 (%)
Key companies Aircraft Electrical System sales in global market, 2018-2023 (Estimated), (Units)
Key companies Aircraft Electrical System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Honeywell
• Zodiac Aerospace
• Thales
• United Technologies Corporation(UTC)
• Safran
• Astronics
• Crane Aerospace & Electronics
• Fokker Technologies
• GE Aviation

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Aircraft Electrical System, market overview.
• Chapter 2: Global Aircraft Electrical System market size in revenue and volume.
• Chapter 3: Detailed analysis of Aircraft Electrical System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Aircraft Electrical System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Aircraft Electrical System capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.