Aircraft Electrical System Market To Witness a Major Overhaul Forecast To 2017-2025

Aircraft Electrical System Market: Market Introduction
An increase in the number of passengers travelling by air as well as economical airlines has resulted in the continuous growth of air traffic in the last few years. This has fuelled the demand for aircrafts, which in turn, is driving the demand for aircraft electrical systems market. An aircraft electrical system is an important part of aircraft that has the ability to generate electricity. Aircraft electrical systems are mainly driven by APU (auxiliary power unit) and a hydraulic motor or a RAT (Ram Air Turbine). In any aircraft, the electric design is influenced by basic requirements: reliability and light weight. Electrical parameters are chosen with the intention of minimizing the weight of motors, generators and transformers and thus, higher frequency power systems are generally employed. Even small single engine airplanes (private) have complex electrical systems.

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Aircraft Electrical System Market: Dynamics
The increase in number of aircrafts coupled with increasing preference for more electric components in aircrafts is expected to spur the demand for aircraft electrical systems. Moreover, the burgeoning demand for unmanned vehicles is further expected to uplift the aircraft electrical system market. Also, the introduction of low-cost electrical systems such as electric convertors, inventors and fibre cables is also expected to upsurge the demand for aircraft electrical systems over the forecast period.

However, rise in the thermal management costs of electrical systems and aircraft electrical system failures is expected to create an immense challenge for the aircraft electrical system market. Additionally, existing backlogs in aircraft deliveries might also hamper the growth of aircraft electrical system market.

Aircraft Electrical System Market: Trend
Technological advancement in power electronics systems and the need to develop fuel cells to reduce emission will create an opportunity for aircraft electrical system manufacturers. Manufacturers are investing heavily on opening new factories and discovering technologies to upgrade more and more aircraft electrical systems. During their research, manufacturers create virtual aircrafts which helps to speed up the development process and ultimately decrease OEM costs by reducing the need for engine power systems and on-airframe testing.

Conventional aircrafts utilize a combination of electric, hydraulic, mechanical and pneumatic power transfer systems. The upcoming aircraft power systems will work on multi voltage level hybrid AC and DC systems. MEA electrical distribution systems are primarily in the form of multi-convertor power systems. Modern aircrafts have a mixed voltage system which varies from 405VAC, 28 VDC, 200VAC to 270VDC. In future, with the increasing rating and capacity of civil and passenger aircrafts, the demand for aircraft electrical systems is expected to grow at faster rate.

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Aircraft Electrical System Market: Segmentation
On the basis of technology, the aircraft electrical system market can be segmented into:

Power Distribution
Power Generation
Energy Storage Device
Power Conversion

On the basis of application, the aircraft electrical system market can be segmented into:
Aircraft Utility Management
Configuration Management
Power Generation Management
Flight Controls & Operations

On the basis of components, the aircraft electrical system market can be segmented into:
Variable Frequency Generator
Generator Control Unit
Power Electronics
Transformer Rectifier Unit
Power Distribution Systems
Integrated Drive Generator

On the basis of platform, the aircraft electrical system market can be segmented into:
Fixed Wings
Narrow Body
Wide Body
Large Body
Rotary Wings

Aircraft Electrical System Market: Market Participants
Examples of some of the market participants in the global aircraft electrical system market identified across the value chain include-

Hartzell Engine Technologies, LLC
Thales Group
Zodiac Aerospace
United Technologies Corporation
Crane Aerospace and Electronics
Astronics Corporation
Safran S.A.
GE Aviation
Honeywell International, Inc.
Elbit Systems Ltd.

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