Aircraft Electrical Systems Market to Reach US$ 41.7 Billion by 2025 | AMETEK, Safran , Astronics Corporation, Amphenol Corporation, Esterline Technologies and Others

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The Aircraft Electrical Systems Market size is projected to grow from US$ 29.9 Billion in 2019 to US$ 41.7 Billion by 2025, at a CAGR of 5.67% during the forecast period. The latest advances in electric and electronics aircraft technologies offer significant opportunities to component manufacturers.

“Power generation management segment is projected to grow at the highest CAGR during the forecast period.”
The Power Generation management segment is expected to be the fastest-growing application segment during the forecast period. The aircraft electrical system is one of the major driving forces in electric generation in aircraft. With the growing aircraft electrical system power levels, the diversity of the power generation types is increasing as well.

“Commercial aviation segment is expected to account for the largest market share in 2019.”
By Platform, the commercial aviation segment is estimated to account for the largest market share in 2019.Strong growth in this sector has resulted in an increased number of aircraft orders to address the increasing air passenger traffic. An increase in the application scope of electric due to the aforementioned factors is expected to propel the aircraft electrical systems market growth during the forecast period.

“The Asia Pacific aircraft electrical systems market is projected to grow at the highest rate during the forecast period.”
By Region, the aircraft electrical systems market in Asia Pacific is projected to grow at the highest CAGR during the forecast period, due to an increase in the number of military aircraft deliveries in the region. The rise in demand for low-cost carriers (LCCs) is one of the factors driving the growth of the aircraft electrical systems market in the Asia Pacific region. With increasing affordability of air travel and relaxation in some government regulations, this region is procuring more LCCs.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
• By Designation: C-level Executives: 35%, Directors: 25%, and Others 40%
• By Region: North America: 45%, Europe: 20%, APAC: 30%, and RoW: 5%

Report Highlights:
• To profile leading players in the market on the basis of their product portfolios, financial positions, and key growth strategies

• To define, describe, and forecast the aircraft electrical systems market on the basis of system, component, application, platform, end user, and region

• To identify and analyze key drivers, opportunities, and industry-specific challenges influencing the growth of the market

• To identify technology trends that are currently prevailing in the market

• To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market

• To forecast the size of different segments of the with respect to various regions, including North America, Europe, Asia Pacific, the Middle East, and Rest of the World, along with key countries in each of these regions

• To analyze the degree of competition in the aircraft electrical systems market by identifying key growth strategies, such as acquisitions, new product launches, contracts, joint ventures, partnerships, and agreements adopted by the leading market players

• To provide a detailed competitive landscape of the market, along with a market ranking analysis of key players

Competitive Landscape of Aircraft Electrical Systems Market:
1 Introduction
2 OEM Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Ranking of Key Players, 2018
4 Competitive Scenario
4.1 New Product Launches
4.2 Acquisitions
4.3 Contracts
4.4 Agreements, Partnerships, & Joint Ventures

Reason to Access this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aircraft electrical systems market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

Most Popular Companies in the Aircraft Electrical Systems Market include are AMETEK (US), Safran (France), Astronics Corporation(US), Amphenol Corporation(US), Esterline Technologies (US), Honeywell (US), Meggitt (UK), Thales Group (France), and United Technologies Corporation(US).

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