Commercial Aircraft
Electrical Systems Market
Commercial Aircraft Electrical Systems Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Commercial Aircraft Electrical Systems Market Size and Growth
The Commercial Aircraft Electrical Systems market reflects robust growth, driven by increasing air travel demand and advancements in technology. As of 2023, the market is estimated to reach around $9 billion, with a projected CAGR of 5% over the next five years, emphasizing the need for efficient and sustainable aviation solutions. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Honeywell International
◍ Safran
◍ Thales
◍ UTC
◍ Zodiac Aerospace
◍ Astronics
◍ Crane Aerospace & Electronics
◍ Fokker Technologies
The Commercial Aircraft Electrical Systems Market is driven by companies like Honeywell International, Safran, Thales, UTC, Zodiac Aerospace, Astronics, Crane Aerospace & Electronics, and Fokker Technologies. These firms innovate and enhance efficiency, reliability, and safety in electrical systems, contributing to market growth.
- Honeywell: $34 billion (2022)
- Safran: €17.6 billion (2022)
- Thales: €19 billion (2022)
- UTC: $69 billion (2022)
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Market Segmentation
By Application
Narrow-body aircraft
Wide-body aircraft
Regional jet
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By Product
Market Growth
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$ X Billion USD
