Air Quality Control System Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The aircraft generators market size has grown strongly in recent years. It will grow from $5.9 billion in 2024 to $6.38 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to early aircraft electrification, military aviation requirements, commercial aviation expansion, standardization and regulatory compliance.

The aircraft generators market size is expected to see strong growth in the next few years. It will grow to $8.6 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to rapid growth in aviation sector, electrification of aircraft systems, focus on fuel efficiency and sustainability, increasing demand for lightweight components, integration of hybrid propulsion systems. Major trends in the forecast period include market shifts due to new aircraft models, integration of sustainable power solution, advancements in power generation technologies, demand for lightweight and compact systems, rise of electric propulsion systems.

The rising demand for air travel is anticipated to drive the growth of the aircraft generators market in the coming years. Air travel encompasses the movement of passengers or cargo by aircraft from one location to another through the atmosphere. Aircraft generators are essential in this context, as they supply electrical power for various functions, including navigation, intercoms, communication radios, and in-flight entertainment systems. For example, in January 2024, the International Air Transport Association (IATA), a U.S.-based trade association for the global airline industry, reported a 36.9% increase in total air travel traffic in 2023 compared to 2022. Additionally, in December 2023, international traffic increased by 24.2% compared to December 2022, while domestic traffic grew by 27% year-over-year. Thus, the increasing demand for air travel is propelling the growth of the aircraft generators market.

The growth trajectory of the aircraft generator market is further propelled by the escalating demand for commercial aircraft. As airlines and cargo carriers strive to expand their fleets to meet the rising air travel and cargo transportation needs, there is a parallel surge in the demand for aircraft components, including generators. In January 2023, Airbus SE reported a notable 8% increase in commercial aircraft deliveries, totaling 661 units to 84 customers in 2022, up from 611 units in 2021. This surge in commercial aircraft demand directly fuels the demand for aircraft generators, driving the overall market growth.

Major companies in the aircraft generators market are increasingly focusing on technological advancements, such as hybrid electric demonstrator engines, to improve aircraft performance and lower emissions. A hybrid electric demonstrator engine merges traditional jet fuel technology with electric motors and generators to enhance power efficiency and minimize emissions. For example, in June 2024, General Electric Company, a US-based aerospace firm, partnered with the National Aeronautics and Space Administration (NASA), a US government agency, to launch a hybrid electric demonstrator engine. This engine integrates an electric motor and generator into a commercial turbofan engine to provide enhanced power during various operational phases. The development of this hybrid electric engine marks a significant milestone in sustainable aviation practices, supporting the industry's broader goals of electrifying aircraft fleets and achieving substantial reductions in carbon emissions by 2050.

In September 2022, Parker-Hannifin Corporation acquired Meggitt PLC for $7.93 billion. This move enhances Parker-Hannifin Corporation's portfolio and capabilities in motion and control technologies, leveraging Meggitt PLC's expertise in aerospace and defense components, including aircraft generators. These strategic initiatives underscore the industry's commitment to innovation and growth in the aircraft generators market.

Major companies operating in the aircraft generators market report 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 2024. The regions covered in the aircraft generators market report are Asia-Pacific, 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, 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.

Aircraft generators are essential onboard devices that convert mechanical energy from the engine into electrical power, ensuring the provision of electricity to critical systems and equipment during flight. These generators play a vital role in sustaining avionics, lighting, and other essential functions, ensuring uninterrupted operation even if one generator is temporarily offline, as the remaining generators continue to power the connected components.

The main types of aircraft generators include variable-speed generators, constant frequency generators, auxiliary power unit generators, starter generators, integrated drive generators, and alternators. A variable-speed generator is capable of adjusting its speed within specific limits through a regulation method that maintains a constant voltage output. These generators are utilized in various aircraft technologies, including conventional and hybrid electric aircraft, and can produce alternating current (AC) or direct current (DC). The platforms involved encompass fixed-wing and rotary-wing aircraft, catering to end users such as original equipment manufacturers and the aftermarket.

The aircraft generators market research report is one of a series of new reports that provides aircraft generators market statistics, including aircraft generators industry global market size, regional shares, competitors with a aircraft generators market share, detailed aircraft generators market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft generators industry. This aircraft generators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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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