Aircraft Generators Market Report 2026

The aircraft generators market size has grown strongly in recent years. It will grow from $6.34 billion in 2025 to $6.8 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to expansion of commercial aircraft fleets, rising demand for reliable onboard electrical systems, increased adoption of advanced avionics, growth in global air travel, ongoing modernization of aircraft platforms.

The aircraft generators market size is expected to see strong growth in the next few years. It will grow to $9.34 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing development of hybrid electric aircraft, rising investments in more-electric aircraft architectures, expansion of next-generation aircraft programs, growing demand for lightweight power generation systems, increasing focus on fuel efficiency and emission reduction. Major trends in the forecast period include increasing adoption of integrated drive generator systems, rising demand for high-efficiency starter generators, growing use of permanent magnet generators, expansion of electrified aircraft power architectures, enhanced focus on redundant and reliable power systems.

The rising demand for air travel is expected to drive growth in the aircraft generators market going forward. Air travel involves transporting passengers or cargo via aircraft between locations. Aircraft generators are critical in this process, supplying electrical power for essential functions such as navigation, intercoms, communication radios, and in-flight entertainment systems. For example, in January 2024, the International Air Transport Association (IATA), a US-based trade association for the global airline industry, reported that total air travel traffic in 2023 increased by 36.9% compared to 2022. Additionally, in December 2023, international traffic rose by 24.2% year-on-year, while domestic traffic grew by 27%. Therefore, increasing air travel is fueling growth in the aircraft generators market.

Companies in the aircraft generators market are focusing on technological advancements, including hybrid electric demonstrator engines, to improve aircraft efficiency and reduce emissions. Hybrid electric demonstrator engines combine conventional jet fuel technology with electric motors and generators to enhance power efficiency and lower emissions. For instance, in June 2024, General Electric Company, a US-based aerospace firm, in collaboration with NASA, launched a hybrid electric demonstrator engine. This system integrates an electric motor/generator into a commercial turbofan engine to provide additional power across operational phases. The development of hybrid electric engines represents a major step toward sustainable aviation and aligns with industry goals to electrify aircraft fleets and substantially reduce carbon emissions by 2050.

In October 2023, Safran Electrical & Power, a France-based provider of aircraft electrical systems, acquired Thales’ aeronautical electrical systems business for an undisclosed amount. Through this acquisition, Safran aims to expand its capabilities in aircraft power generation and electric conversion by incorporating Thales’ portfolio of generators, electric conversion units, and motors. The deal strengthens Safran’s product offerings and market position in both civil and military aviation. Thales’ aeronautical electrical systems business is a France-based supplier of advanced aircraft electrical components, including aviation generators.

Major companies operating in the aircraft generators market are General Electric Company, RTX Corporation, Boeing Co., Honeywell International Inc., Safran S.A., Thales Group, Ametek Inc., TransDigm Group Inc., Regal Beloit Corporation, Diehl Stiftung & Co. KG, Smiths Group PLC, Woodward Inc., HEICO Corporation, Sinfonia Technology Co. Ltd., Crane Aerospace & Electronics LLC, Astronics Corporation, PBS Aerospace Inc., Dayton-Granger Inc., Calnetix Technologies LLC, Chelton Limited, Aerolec Technology Corporation, Arc Systems Inc., Duryea Technologies Inc., Epropelled Systems Private Limited, Motor Magnetics Inc., Technodinamika Corporation, Plane Power Alternators LLC.

North America was the largest region in the aircraft generators market in 2025. The regions covered in the aircraft generators market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the aircraft generators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aircraft generators market consists of sales of ram air turbine (RAT) generators, hydraulic motor generators, brushless generators, and belt-driven generators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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