Aviation Power Supply Market to Reach USD 5.8 Billion by 2034

Pune, India - November 2025 - A recent study by Exactitude Consultancy finds that the global Aviation Power Supply Market, estimated at USD 3.2 billion in 2024, is projected to reach approximately USD 5.8 billion by 2034, representing a CAGR of about 7.2% over the forecast period. Growth is driven by rising aircraft production, the shift toward more electric aircraft, modernization of ground support power systems and the demand for lighter, more efficient power supply modules.

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Key Takeaways
• Market size: USD 3.2 billion (2024) → USD 5.8 billion (2034)
• Forecast CAGR: ~7.2% from 2025 to 2034
• Largest region: North America currently leads
• Major segments: On-ground power units (GPUs), in-flight power supplies, auxiliary power solutions
• Key trends: Electrification of aircraft systems, lightweight power modules, UAV power supply growth

Market Story
The aviation industry is undergoing a significant transformation: from conventional hydraulic and mechanical systems toward electrified, highly integrated aircraft architectures. Power supply systems are at the heart of this transition-ensuring reliable, compact and efficient electrical energy for everything from avionics to propulsion systems. As aircraft fleets expand, retrofit programmes accelerate, and next-generation propulsion emerges, demand for aviation-grade power supplies is building up.

Ground support equipment such as ground power units (GPUs), auxiliary power units (APUs) and onboard power distribution systems are all poised for upgrade-fuelled by increasing air travel, airport expansions, strict safety and certification norms, and weight-sensitive aircraft designs. Additionally, the rise of unmanned aerial vehicles (UAVs) and hybrid/electric aircraft architectures creates new growth pathways in the aviation power supply segment.
However, the market also faces challenges including high certification costs, stringent aerospace standards and the complexity of integrating new power supply systems into legacy platforms.

Market Segments
By Product Type
• Ground Power Units (GPU)
• In-Flight Power Supply Modules
• Auxiliary Power Systems (APS)
• Power Distribution & Conversion Units

By Platform/Application
• Commercial Aviation
• Military Aviation
• Business & General Aviation
• Unmanned Aerial Vehicles (UAVs)

By Region
• North America - largest share currently
• Europe - mature market with modernization focus
• Asia-Pacific - fastest growth potential due to fleet expansion
• Latin America & Middle East/Africa - emerging demand

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Recent Developments
• Aircraft manufacturers increasing use of electrified onboard architectures, boosting demand for compact, efficient power supply systems.
• Ground support power infrastructure is being upgraded globally to handle higher-capacity aircraft and electrified operations.
• UAV and cargo drone power supply systems are gaining prominence as new aviation segments scale up.
• Power electronics providers investing in lighter materials, higher efficiency converters, and aerospace-certified power supply modules.

Expert Quote
"As aviation systems evolve toward higher electrical loads and more integrated electronics, the power supply market becomes a key enabler of aircraft performance, weight savings and operational efficiency. Suppliers who innovate around compactness, certification readiness and system integration will lead this transformation."
- Irfan Tamboli, Business Development Executive, Exactitude Consultancy

Key Market Drivers
• Global airline fleet expansion and aircraft production growth.
• Shift toward "more-electric" aircraft architectures and electrified propulsion systems.
• Modernization of ground power and support systems at airports and MRO facilities.
• UAV and unmanned aircraft segment growth demanding specialized power supply solutions.

Forecast Outlook
Over the forecast horizon to 2034, the aviation power supply market is expected to maintain solid growth. North America will retain leadership, while Asia-Pacific will emerge as a high-growth region thanks to increasing air travel, production and infrastructure investment. Suppliers focusing on high-efficiency, lightweight power modules that meet aerospace certification and integration requirements will gain the greatest market share.

This report is also available in the following languages : Japanese (航空電源市場), Korean (항공 전원 공급 시장), Chinese (航空电源供应市场), French (Marché de l'alimentation électrique pour l'aviation), German (Markt für Luftfahrt-Stromversorgung), and Italian (Mercato dell'alimentazione elettrica per l'aviazione), etc.
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