Aircraft Electric Power System
Aircraft Electric Power System Market Size and Growth
The Aircraft Electric Power System market is experiencing robust growth, driven by increasing demand for fuel-efficient technologies. The market size is projected to reach approximately $9 billion by 2028, reflecting a compound annual growth rate of around 5%. Innovations in electric systems and regulatory support are enhancing market conditions and opportunities.
Companies Covered
(Covid 19 Impact Covered)
◍ AMETEK
◍ Safran
◍ Astronics Corporation
◍ Amphenol Corporation
◍ Esterline Technologies
◍ Honeywell
◍ Meggitt
◍ Thales Group
◍ United Technologies Corporation
The Aircraft Electric Power System Market features key players like AMETEK, Safran, Astronics Corporation, and Honeywell. These companies enhance market growth through innovations in power management, integration of advanced electronics, and compliance with aviation standards. Actual sales revenue figures include:
- Honeywell: $35 billion
- Safran: $24 billion
- Thales Group: $19 billion
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Market Segmentation
By Application
◍ Power Generation Management
◍ Flight Control and Operation
◍ Cabin System
◍ Configuration Management
◍ Air Pressurization and Conditioning
By Product
Power Generation
Power Distribution
Power Conversion
Energy Storage
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Market Growth
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$ X Billion USD
