Aircraft Electrical Systems
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Aircraft Electrical Systems Market by System (Power Generation,
Conversion, Distribution, Energy Storage), Component, Technology,
Platform (Commercial Aviation, Military Aviation, Business & General
Aviation), End-User, Application & Region - Global Forecast to 2030
[287 Pages Report] The aircraft electrical systems market is projected to grow from USD 19,344
million in 2020 to USD 37,265 million by 2030, at a CAGR of 6.8% during the forecast period.
Optimized aircraft performance through the use of more electric technology is a major factor driving
the growth of the aircraft electrical systems market.
COVID-19 Impact on the Global Aircraft Electrical Systems Market
The COVID-19 impacted all the regions across the globe. The overall demand for electrical systems
of aircraft from each region in the globe majorly dependent on the aircraft deliveries. Due to COVID-
19 outbreak there has been reduction passenger travel demand across region, which has negatively
impacted he aviation industry across the globe.
According to the latest estimates, passenger demand have been dropped from 187 million baseline
for 2020 by 2,291 to 3,061 million (international by 1,105 to 1,437 million and domestic by 1,186 to
1,623 million). This demand level would be 2,104 to 2,874 million (international by 1,033 to 1,366
million and domestic by 1,071 to 1,508 million) below the 2019 level. The most substantial demand
reduction (in total number) is expected to be in Asia/Pacific, followed by Europe, hitting its summer
travel peak season.
Aircraft Electrical Systems Market Dynamics
Driver: Optimized aircraft performance through the use of more electric technology
In a conventional aircraft, most non-propulsive systems are driven by a combination of pneumatic,
hydraulic, mechanical, and electric