Commercial Aircraft Electrical & Environmental Systems Market - Global Industry Analysis

Commercial Aircraft Electrical & Environmental Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Category: Semiconductor & Electronics Report Format : PDF Report Code: ZMR-1123 Status : Upcoming

Description

Global Commercial Aircraft Electrical & Environmental Systems Market: Overview

Aircraft electrical systems are useful for generation, distribution, and regulation of the power supply throughout the aircraft. The system includes power sources such as generators and batteries, various components such as conversion devices, protection devices, and control devices and power distribution systems that comprise wires, cables, and busbar systems. The primary electrical loads in an aircraft include motors, avionics, heating systems, and lighting systems. Environmental control system (ECS) is used in aircraft to maintain the comfortable environment in the cabin of an aircraft. It maintains the optimal level of oxygen, cabin pressure, humidity, and temperature. ECS also circulates air in the cabins by replacing it every two or three minutes.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Commercial Aircraft Electrical & Environmental Systems Market: Growth Factors

One of the key drivers of the global commercial aircraft electrical & environmental systems market is the increase in a number of electric aircraft. Some of the new trends utilized in the aviation industries are the utilization of new materials, which in turn fosters the global market growth. Aviation industries are looking for efficient aircraft, which will increase their net profit owing to increasing economic status; this is expected to boost the global commercial aircraft electrical & environmental systems market growth. Exponential growth in fuel prices is forcing aircraft manufacturers to adopt enhanced fuel-efficient and electric aircraft. The primary function of the aircraft is to power electrical systems and it is able to achieve higher reliability, reduce fuel burn, dispatch availability, and reduction in maintenance cost; owing to all these advantages, the global market projected to boost in future. Conversely, failures in electrical systems and occurrence of the thermal challenges in the commercial aircraft may hinder the global commercial aircraft electrical & environmental systems market growth to some extent.

Global Commercial Aircraft Electrical & Environmental Systems Market: Segmentation

The global commercial aircraft electrical & environmental systems market is fragmented based on product type as power distribution, generators, environmental control systems, auxiliary power unit, motors, power conversion, and other supplementary ancillary systems. Based on aircraft types, the global market is classified as narrowbody aircraft market, very large aircraft market, and wide-body aircraft market.

Global Commercial Aircraft Electrical & Environmental Systems Market: Regional Analysis

The geographical segmentation of the global commercial aircraft electrical & environmental systems market is given by North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is the dominating region in the global market due to rise in the number of aircraft. In addition, North America is emerging as the major market for the commercial aircraft electrical & environmental systems where aviation industries are giving more preference to the electrical & environmental systems in the aircraft. Asia Pacific is also following the same trend due to growth in the aviation sector and pressure from the government to reduce consumption of the fuel owing to depletion of the sources.

Global Commercial Aircraft Electrical & Environmental Systems Market: Competitive Players

The key players that dominate the global commercial aircraft electrical & environmental systems market include Aero Space Controls, Honeywell International, Hartzell Aerospace, Liebherr Group, and Fairchild Controls. Other major players in the market are Nord Micro, Kapco Global, Hutchinson, Thales, Senior Aerospace, and United Technologies.

Global Commercial Aircraft Electrical & Environmental Systems Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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