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Global Aircraft Electrical Distribution Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2024-2032

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    Report

  • 158 Pages
  • April 2024
  • Region: Global
  • Stratview Research
  • ID: 5968912
The global aircraft electrical distribution systems market was valued at US$ 1.4 billion in 2023 and registered a healthy growth of 3.5%+ during 2024-2032.

Post a series of setbacks over the past few years (a combined effect of Boeing’s downfall with the B737MAX grounding and the COVID-19 catastrophe), the market’s road to growth commenced from 2022 onwards. 2023 was a year of recovery, the industry resumed pre-pandemic indicators. Ultimately positioning 2024 as a year of ample growth opportunities and expansions.

Recent Product Developments

Key focus areas for leading players include reduced SWaP size, high voltage compatibility, and adaptation to electrifying aircraft. GE’s next-gen power distribution systems for the Falcon 10X will leverage highly flexible modular power tiles à small, lightweight power distribution components based on solid-state power control that eliminate hundreds of mechanical circuit breakers.

Recent Market JVs and Acquisitions

  • 2019: TransDigm acquired Leach International Corporation
  • 2023: Safran acquired Thales' aeronautical electrical systems business

Aircraft Insights: Commercial aircraft accounted for the largest market share

Based on the aircraft type, the market is segmented as commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, and UAV. Among these aircraft types, commercial aircraft is expected to remain the biggest demand generator for distribution systems during the forecast period. The aircraft type is also likely to grow at a healthy rate in the years to come. Recovering aircraft deliveries are discernible. Under its current year guidance report, Airbus is targeting to deliver 800 aircraft in 2024, as compared to 735 delivered in 2023. A sharp increase in the production rate of the A350 XWB and B787 is expected in the coming years, reaching back to 2018 levels.

Product Insights: SSPC accounted for the largest market share

Based on the product type, the market is segmented as solid-state power controllers (SSPC), relays, contactors, circuit breakers, and others. Among these product types, SSPC is expected to remain the most dominant product type in the market during the forecast period. SSPCs are the major components used for circuit protection. SSPC generally includes the combination of a circuit breaker and a relay and is very crucial in electrically controlling and isolating a circuit in case of flow of excessive electric current or power-surge incidents.

Regional Trends: North America accounted for the largest market share

In terms of regions, North America is expected to remain the largest market for aircraft electrical distribution systems during the forecast period. The USA remains the growth propellor of the region’s market in the years to come. The country is the preferred destination for aircraft assembly with the presence of almost all the leading OEMs and tier players. Asia-Pacific, the largest procurer of commercial aircraft, is also likely to create sizeable market opportunities in the coming years, driven by an expected rise in air passenger traffic coupled with a high focus on China, Japan, and India for the indigenous manufacturing of aircraft.

Key Players

The following are the key players in the aircraft electrical distribution systems market:
  • Safran Group
  • Collins Aerospace (Raytheon Technologies Corporation)
  • GE Aviation
  • Honeywell International Inc.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

Target Audience

Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert:
  • Distributors
  • Suppliers
  • Manufacturers
  • Logistics organizations
  • Government bodies

The aircraft electrical distribution systems market is segmented into the following categories:

By Aircraft Type

  • Commercial Aircraft
  • Regional Aircraft
  • General Aviation
  • Helicopter
  • Military Aircraft
  • UAV

By System Type

  • Primary Power Distribution System
  • Secondary Power Distribution System

By Product Type

  • Solid-State Power Controllers
  • Relays
  • Contactors
  • Circuit Breakers
  • Others

By Fit Type

  • Original Equipment
  • Aftermarket

By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

This strategic assessment report provides a comprehensive analysis that reflects today’s aircraft electrical distribution systems market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with the analyst's internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. The analyst conducted more than 15 detailed primary interviews with market players across the value chain in Europe and industry experts to obtain both qualitative and quantitative insights.

Table of Contents

1. Executive Summary: A Bird’s Eye View of the Market
2. Market Environment Analysis: Study of Factors Affecting the Market Dynamics
2.1. Supply Chain Analysis (Identification of Key Players/Materials across the Value Chain)
2.2. PEST Analysis (List of All Factors Directly or Indirectly Affecting the Market Demand)
2.3. Industry Life Cycle Analysis (Current and Future Lifecycle Stage of the Market)
2.4. Key Trends (Key Industry as well as Market Trends Shaping the Market Dynamics)
2.5. Market Drivers (Study of Drivers and their Short- and Long-Term Impacts)
2.6. Market Challenges (Study of Factors Hindrance the Adoption/Growth)
3. Aircraft Electrical Distribution Systems Market Assessment (2018-2032) (US$ Million)
3.1. Share of Distribution Systems in the Total Aircraft Electrical Systems Market
3.2. Aircraft Electrical Distribution Systems Market Trend and Forecast (US$ Million)
3.3. Market Scenario Analysis: Growth Trajectories in Different Market Conditions
3.4. COVID-19 Impact Assessment and Expected Recovery Curve
4. Aircraft Electrical Distribution Systems Market Segments’ Analysis (2018-2032) (US$ Million)
4.1. Aircraft-Type Analysis
4.1.1. Commercial Aircraft: Regional Trend and Forecast (US$ Million)
4.1.2. Regional Aircraft: Regional Trend and Forecast (US$ Million)
4.1.3. General Aviation: Regional Trend and Forecast (US$ Million)
4.1.4. Helicopters: Regional Trend and Forecast (US$ Million)
4.1.5. Military Aircraft: Regional Trend and Forecast (US$ Million)
4.1.6. UAV: Regional Trend and Forecast (US$ Million)
4.2. System-Type Analysis
4.2.1. Primary Distribution Systems: Regional Trend and Forecast (US$ Million)
4.2.2. Secondary Distribution Systems: Regional Trend and Forecast (US$ Million)
4.3. Product-Type Analysis
4.3.1. Solid-State Power Controllers or SSPCs: Regional Trend and Forecast (US$ Million)
4.3.2. Relays: Regional Trend and Forecast (US$ Million)
4.3.3. Contactors: Regional Trend and Forecast (US$ Million)
4.3.4. Circuit Breakers: Regional Trend and Forecast (US$ Million)
4.3.5. Others: Regional Trend and Forecast (US$ Million)
4.4. Fit-Type Analysis
4.4.1. OE: Regional Trend and Forecast (US$ Million)
4.4.2. Aftermarket: Regional Trend and Forecast (US$ Million)
4.5. Regional Analysis
4.5.1. North American Aircraft Electrical Distribution Systems Market: Country Analysis
4.5.1.1. The USA’s Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.1.2. Canadian Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.1.3. Mexican Aircraft Electrical Distribution Systems T&F (US$ Million)
4.5.2. European Aircraft Electrical Distribution Systems Market: Country Analysis
4.5.2.1. German Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.2.2. French Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.2.3. Russian Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.2.4. The UK’s Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.2.5. Rest of the European Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.3. Asia-Pacific’s Aircraft Electrical Distribution Systems Market: Country Analysis
4.5.3.1. Indian Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.3.2. Chinese Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.3.3. Japanese Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.3.4. Rest of the Asia-Pacific’s Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.4. Rest of the World’s (RoW) Aircraft Electrical Distribution Systems Market: Country Analysis
4.5.4.1. Brazilian Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.4.2. Saudia Arabia’s Aircraft Electrical Distribution Systems Market T&F (US$ Million)
4.5.4.3. Other Aircraft Electrical Distribution Systems Market T&F (US$ Million)
5. Competitive Analysis
5.1. Degree of Competition (Current Stage of Competition based on Market Consolidation)
5.2. Competitive Landscape (Benchmarking of Key Players in Crucial Parameters)
5.3. Market Share Analysis (Key Players and their Respective Shares)
5.4. Product Portfolio Mapping (Map their Presence in Different Market Categories)
5.5. Key Target Areas for Product Developments (Understand the Industry Focus while Developments)
5.6. M&As, JVs, Collaborations, Strategic Alliances, etc. (Map All the Major M&As and JVs)
5.7. Porter’s Five Forces Analysis (A Bird’s Eye View of the Overall Competitive Landscape)
6. Strategic Growth Opportunities
6.1. Market Attractiveness Analysis
6.1.1. Market Attractiveness by Aircraft Type
6.1.2. Market Attractiveness by System Type
6.1.3. Market Attractiveness by Product Type
6.1.4. Market Attractiveness by Fit Type
6.1.5. Market Attractiveness by Region
6.1.6. Market Attractiveness by Country
6.2. Emerging Trends (Key Trends that May Shape Market Dynamics in the Future)
6.3. Key Strategic Implications (Changing Market Dynamics and their Key Implications)
6.4. Key Success Factors (KSFs) (Identifying Some Factors that May Help Companies to Gain Business)
7. Company Profiles of Key Players (Alphabetically Arranged)
7.1. Safran S.A.
7.2. Collins Aerospace
7.3. GE Aerospace
7.4. TransDigm Group (Leach International Corporation)
7.5. Astronics Corporation
7.6. Ametek Inc.
7.7. Crane Co.
7.8. Honeywell International Inc.
7.9. AVIC SE
8. Appendix
8.1. Market Numbers
8.2. Segmentations
8.3. Abbreviation
8.4. Currency Exchange
8.5. Disclaimer
8.6. Copyright

Companies Mentioned

  • Safran S.A.
  • Collins Aerospace
  • GE Aerospace
  • TransDigm Group (Leach International Corporation)
  • Astronics Corporation
  • Ametek Inc.
  • Crane Co.
  • Honeywell International Inc.
  • AVIC SE

Methodology

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