Global Aircraft Electrical Systems Market Research Report: Forecast (2024-2030)

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Global Aircraft Electrical Systems Market
Research Report Forecast (2024-2030)
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Market Insights

• The Global Aircraft Electrical Systems Market
  size is projected 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 Global
  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.

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Global Aircraft Electrical Systems Market Driver
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.
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Market Segmentation of the Industry

• By Component (Generators (Starter Generators,
  Auxiliary Power Unit (APU), Integrated Device
  Generators (IDG), Variable Speed Constant
  Frequency (VSCF) Generator, Generator Control
  Unit (GCU)), Conversion Devices (Inverter,
  Converter, Transformer Rectifier Unit (TRU)),
  Distribution Devices (Wires Cables, Connectors
  Connector Accessories, Busbars), and Battery
  Management System (others)), By System (Power
  Generation, Power Distribution, Power Conversion,
  Energy Storage), By Platform (Commercial
  Aviation, Military Aviation, Business General
  Aviation), By End User (OEM, Aftermarket), By
  Application (Power Generation Management, Flight
  Control Operation, Cabin System, Configuration
  Management, Air Pressurization Conditioning)

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Competitive Benchmarking
Ametek, Safran, Astronics Corporation, Amphenol
Corporation, Esterline Technologies, Honeywell,
Meggitt, Thales Group, United Technologies
Corporation, GE Aviation
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