The growing emphasis on reducing aircraft fuel consumption, improving operational efficiency, and lowering emissions is driving growth in the more electric aircraft market.
| Scope of the Report |
| Years Considered for the Study | 2020-2031 |
| Base Year | 2025 |
| Forecast Period | 2026-2031 |
| Units Considered | Value (USD Billion) |
| Segments | By Platform, System, Application and Region |
| Regions covered | North America, Europe, APAC, RoW |
Demand is rising due to a number of factors, including increasing aircraft production, replacement of conventional hydraulic and pneumatic systems with electrically powered systems, growing adoption of high-voltage electrical architectures, and increasing use of electrically driven actuators, pumps, environmental control systems, and power management systems. Aircraft manufacturers are also increasing electrical power requirements onboard new-generation commercial and military platforms to support avionics, cabin systems, and mission equipment.

The more electric aircraft market is projected to reach USD 5.95 billion in 2026 and USD 8.66 billion by 2031, at a CAGR of 7.8% during the forecast period. Growth is being supported by higher deliveries of new-generation aircraft, increasing electrical content per aircraft, replacement of mechanically driven accessories, adoption of starter-generators and advanced generators, and greater utilization of power electronics for conversion and distribution. Development of high-voltage DC architectures, electric actuation systems, solid-state power distribution, and improved energy-storage technologies is expected to further drive the market across commercial aviation and military aviation.
"Fixed-Wing Platform Segment to Hold Largest Market Share During Forecast Period"
Fixed-wing aircraft are projected to account for the largest share of the more electric aircraft market during the forecast period due to substantially higher commercial aircraft production volumes and greater electrical system content compared with most rotary-wing platforms. Narrow-body and wide-body aircraft increasingly incorporate electrically powered environmental control equipment, electric braking, advanced generators, electrically driven pumps, electronic power distribution, and electric actuation technologies. The continued production ramp-up of major commercial aircraft programs is expected to increase demand for generators, power conversion equipment, distribution devices, actuators, and other electrical systems. New-generation aircraft platforms also require higher levels of electrical power to support avionics, passenger systems, and aircraft functions traditionally driven through pneumatic or hydraulic architectures. These factors are expected to maintain the dominance of fixed-wing aircraft throughout the forecast period.
"Civil End User Segment to Record Significant Growth During Forecast Period"
The civil aviation segment is expected to account for a major share of incremental more electric aircraft demand due to increasing commercial aircraft production, airline fleet renewal, and rising adoption of electrically intensive aircraft architectures. Narrow-body aircraft are expected to represent a particularly important demand base due to high annual delivery volumes and large order backlogs across major aircraft OEMs. Demand is also expected to increase across wide-body aircraft, regional aircraft, and business aviation as manufacturers focus on reducing aircraft weight, fuel burn, and maintenance requirements. Electrification of secondary aircraft systems allows OEMs to reduce dependence on centralized hydraulic and pneumatic systems while enabling improved system control, monitoring, and efficiency.
"North America to Hold Substantial Share During Forecast Period"
North America is projected to remain a major more electric aircraft market supported by a mature aerospace manufacturing base, strong commercial and military aircraft production, and the presence of major aircraft electrical system suppliers. The region has significant capabilities in aircraft generators, power electronics, electric actuation, electrical distribution, environmental control systems, and aircraft power management. The region also benefits from continued investment in next-generation aircraft architectures and increasing adoption of high-voltage electrical systems. Commercial fleet renewal, defense aircraft procurement, and technology development programs are expected to support demand for advanced electrical systems during the forecast period.[AB1.1]
The breakdown of profiles for primary participants in the more electric aircraft market is provided below:
- By Company Type: Tier 1 - 45%, Tier 2 - 30%, and Tier 3 - 25%
- By Designation: Directors - 25%, C-Level Executives - 15%, and Others (Managers and Other Non-C-Level Executives) - 60%
- By Region: North America - 35%, Europe - 25%, Asia Pacific - 20%, Middle East - 10%, Latin America - 5%, and Africa - 5%
Safran SA (France), Honeywell Aerospace (US), RTX Corporation (US), GE Aerospace (US), Parker Hannifin Corporation (US), and BAE Systems (UK), among others, are the key companies considered in the more electric aircraft market assessment.
Research Coverage:
This market study evaluates the more electric aircraft market across its principal segments and subsegments and examines the potential of each market across major countries. The study includes an in-depth assessment of key participants, product portfolios, company positioning, integration programs, contract activity, technology developments, procurement trends, and the strategies adopted to strengthen market presence.
Reasons to Buy This Report:
The report is intended to help market leaders, suppliers, integrators, and new entrants develop a grounded view of the more electric aircraft revenue opportunity and the competitive environment surrounding it. It supports portfolio planning, market-entry decisions, partner identification, and go-to-market prioritization by combining demand drivers, restraints, country-level procurement signals, technology shifts, and competitive activity in a single market view.
The report provides insights into the following pointers:
- Market drivers (rising aircraft electrification, higher electrical power demand, fuel-efficiency targets and replacement of hydraulic and pneumatic systems), restraints (high certification requirements, system integration complexity, thermal-management challenges and high development costs), opportunities (high-voltage electrical architectures, advanced power electronics, electric actuation, starter-generators, solid-state power distribution and lightweight energy-storage systems), and challenges (power-density limitations, heat dissipation, weight optimization, reliability requirements and interoperability across aircraft electrical systems)
- Market Penetration: Comprehensive information on more electric aircraft systems and components offered by leading suppliers across commercial, military, and other aerospace platforms (the analysis evaluates the level of electrical system penetration across existing aircraft programs and the increasing electrical content of new-generation platforms)
- Product Development/Innovation: Detailed assessment of emerging aircraft electrical architectures, high-voltage DC systems, advanced starter-generators, permanent magnet generators, electromechanical actuators, electro-hydrostatic actuators, electric pumps, solid-state power controllers, advanced converters and inverters, and next-generation power distribution technologies
- Market Development: Comprehensive information on high-potential markets across regions including aircraft production programs, fleet modernization, military procurement, aircraft electrification initiatives, aerospace manufacturing expansion and increasing local integration of electrical systems and components
- Market Diversification: Detailed coverage of new electrical products, emerging aircraft programs, underpenetrated geographies, recent contracts, partnerships, technology development programs, investments, and new routes to market across the more electric aircraft value chain
- Competitive Assessment: In-depth evaluation of market share, growth strategies, product positioning, aircraft program participation, electrical system portfolios, integration strengths, manufacturing capabilities, and program exposure of leading participants operating in the more electric aircraft market
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 STAKEHOLDERS
- 1.6 SUMMARY OF CHANGES
2 EXECUTIVE SUMMARY
- 2.1 MARKET HIGHLIGHTS AND KEY INSIGHTS
- 2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS
- 2.3 DISRUPTIVE TRENDS IN MORE ELECTRIC AIRCRAFT MARKET
- 2.4 HIGH GROWTH SEGMENTS
- 2.5 REGIONAL SNAPSHOT: MARKET SIZE, GROWTH RATE, AND FORECAST
3 PREMIUM INSIGHTS
- 3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MORE ELECTRIC AIRCRAFT MARKET
- 3.2 MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM
- 3.3 MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM
- 3.4 MORE ELECTRIC AIRCRAFT MARKET, BY END USER
- 3.5 MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION
4 MARKET OVERVIEW
- 4.1 INTRODUCTION
- 4.2 MARKET DYNAMICS
- 4.2.1 DRIVERS
- 4.2.1.1 Increasing electrification of aircraft systems to enhance performance and efficiency
- 4.2.1.2 Growing emphasis on reducing aircraft operating and maintenance costs
- 4.2.1.3 Growing pressure to reduce aircraft fuel consumption and operational emissions
- 4.2.2 RESTRAINTS
- 4.2.2.1 High development, integration, and certification costs of more electric aircraft architectures
- 4.2.2.2 Power-density and weight limitations of high-power electrical systems
- 4.2.3 OPPORTUNITIES
- 4.2.3.1 Integration of high-voltage and high-power electrical architectures in next-generation commercial aircraft
- 4.2.3.2 Growing electrical power requirements in next-generation and modernized military aircraft
- 4.2.3.3 Growing aftermarket and MRO demand for more electric aircraft systems
- 4.2.4 CHALLENGES
- 4.2.4.1 Managing thermal loads generated by high-power electrical systems
- 4.2.4.2 Electromagnetic interference and compatibility risks in high-power electrical architectures
- 4.3 UNMET NEEDS AND WHITE SPACES IN MORE ELECTRIC AIRCRAFT MARKET
- 4.4 INTER-CONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
- 4.5 STRATEGIC MOVES BY TIER 1/2/3 PLAYERS
- 4.5.1 STRATEGIC MOVES BY TIER 1, 2, AND 3 PLAYERS
5 INDUSTRY TRENDS
- 5.1 INTRODUCTION
- 5.2 MACROECONOMIC OUTLOOK
- 5.2.1 INTRODUCTION
- 5.2.2 GDP TRENDS AND FORECAST
- 5.2.3 TRENDS IN GLOBAL MORE ELECTRIC AIRCRAFT MARKET
- 5.3 VALUE CHAIN ANALYSIS
- 5.4 ECOSYSTEM ANALYSIS
- 5.5 TRADE ANALYSIS
- 5.5.1 IMPORT SCENARIO (HS CODE 8807)
- 5.5.2 EXPORT SCENARIO (HS CODE 8807)
- 5.6 KEY CONFERENCES & EVENTS, 2026-2027
- 5.7 TRENDS & DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.8 INVESTMENT & FUNDING SCENARIO
- 5.9 PRICING ANALYSIS
- 5.9.1 AVERAGE SELLING PRICE RANGE, BY COMPONENT
- 5.9.2 INDICATIVE PRICING ANALYSIS, BY COMPONENT
- 5.9.3 AVERAGE SELLING PRICE RANGE, BY PLATFORM, 2025
- 5.10 OPERATIONAL DATA
- 5.11 CASE STUDIES
- 5.11.1 CASE STUDY 1: BOEING 787 IMPLEMENTS MORE-ELECTRIC AIRCRAFT ARCHITECTURE
- 5.11.2 CASE STUDY 2: AIRBUS A350 REDUCES HYDRAULIC DEPENDENCE THROUGH ELECTRIC ACTUATION
- 5.11.3 CASE STUDY 3: BELL SELECTS SAFRAN HIGH-VOLTAGE STARTER-GENERATION FOR FLRAA
- 5.12 TOTAL COST OF OWNERSHIP
- 5.12.1 INTEGRATION AND DEPLOYMENT COSTS
- 5.12.2 TRAINING AND SPARES COSTS
- 5.12.3 ANNUAL OPERATIONS & MAINTENANCE COSTS
- 5.12.4 MID-LIFE UPGRADE & SYSTEM REFRESH COSTS
- 5.12.5 OTHER COSTS
- 5.13 BILL OF MATERIALS
- 5.13.1 BUSINESS MODELS
- 5.13.2 DIRECT SYSTEM SALES (CAPITAL PROCUREMENT MODEL)
- 5.13.3 LONG-TERM OEM LINE-FIT SUPPLY MODEL
- 5.13.4 RETROFIT & MODERNIZATION MODEL
- 5.13.5 AFTERMARKET, SPARES, AND MRO MODEL
- 5.13.6 JOINT DEVELOPMENT/RISK-SHARING MODEL
6 STRATEGIC DISRUPTION THROUGH TECHNOLOGY, PATENTS, AND AI ADOPTION
- 6.1 KEY EMERGING TECHNOLOGIES
- 6.1.1 HIGH-VOLTAGE ELECTRICAL ARCHITECTURES AND SOLID-STATE POWER DISTRIBUTION
- 6.1.2 SILICON CARBIDE (SIC)-BASED HIGH-POWER-DENSITY POWER ELECTRONICS
- 6.1.3 ADVANCED ELECTROMECHANICAL ACTUATION AND DISTRIBUTED ELECTRIC ACTUATION
- 6.2 COMPLEMENTARY TECHNOLOGIES
- 6.2.1 INTEGRATED POWER & THERMAL MANAGEMENT SYSTEMS
- 6.2.2 DIGITAL TWINS & MODEL-BASED ELECTRICAL SYSTEM VALIDATION
- 6.3 ADJACENT TECHNOLOGIES
- 6.3.1 HYBRID-ELECTRIC PROPULSION
- 6.3.2 HYDROGEN FUEL-CELL ELECTRIC PROPULSION
- 6.4 TECHNOLOGY/PRODUCT ROADMAP
- 6.5 EMERGING TECHNOLOGY TRENDS
- 6.5.1 WIDE-BANDGAP SEMICONDUCTORS FOR AEROSPACE POWER ELECTRONICS
- 6.5.2 DISTRIBUTED AND ZONAL INTELLIGENT POWER-DISTRIBUTION ARCHITECTURES
- 6.5.3 SOLID-STATE CIRCUIT BREAKERS AND ULTRAFAST FAULT ISOLATION
- 6.5.4 HIGH-VOLTAGE ARC, PARTIAL-DISCHARGE, AND INSULATION FAULT MANAGEMENT
- 6.5.5 DIGITAL TWINS AND VIRTUAL VALIDATION OF AIRCRAFT ELECTRICAL ARCHITECTURES
- 6.5.6 PROGNOSTICS AND HEALTH MANAGEMENT OF ELECTRICAL POWER ASSETS
- 6.5.7 HIGH-DENSITY PACKAGING AND MODULAR POWER-ELECTRONICS BUILDING BLOCKS
- 6.6 PATENT ANALYSIS
- 6.7 FUTURE APPLICATIONS
- 6.8 IMPACT OF AI/GEN AI ON MORE ELECTRIC AIRCRAFT MARKET
- 6.8.1 TOP USE CASES AND MARKET POTENTIAL MORE ELECTRIC AIRCRAFT MARKET
- 6.8.2 BEST PRACTICES FOLLOWED BY MANUFACTURERS IN MORE ELECTRIC AIRCRAFT MARKET
- 6.8.3 CASE STUDIES OF AI IMPLEMENTATION IN MORE ELECTRIC AIRCRAFT MARKET
- 6.8.4 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
- 6.8.5 CLIENTS' READINESS TO ADOPT GEN AI
- 6.9 SUCCESS STORIES AND REAL-WORLD APPLICATIONS
7 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR
- 7.1 DECISION-MAKING PROCESS
- 7.2 KEY STAKEHOLDERS IN BUYING PROCESS AND THEIR EVALUATION CRITERIA
- 7.2.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 7.2.2 BUYING CRITERIA
- 7.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES
- 7.4 UNMET NEEDS OF END USERS
- 7.4.1 NEED FOR HIGH-EFFICIENCY, RELIABLE, AND LIGHTWEIGHT ELECTRICAL SYSTEMS
- 7.4.2 NEED FOR INTEROPERABLE, SCALABLE, AND FUTURE-READY ELECTRICAL ARCHITECTURES
- 7.4.3 NEED FOR FLEET-WIDE COVERAGE AND LIFECYCLE PRODUCT CONTINUITY
8 SUSTAINABILITY AND REGULATORY LANDSCAPE
- 8.1 REGIONAL REGULATIONS AND COMPLIANCE
- 8.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 8.1.2 INDUSTRY STANDARDS
- 8.2 SUSTAINABILITY INITIATIVES
- 8.3 SUSTAINABILITY IMPACT AND REGULATORY POLICY INITIATIVES
- 8.3.1 SUSTAINABILITY IMPACT ON MORE ELECTRIC AIRCRAFT MARKET
- 8.3.2 REGULATORY POLICIES GOVERNING MORE ELECTRIC AIRCRAFT CERTIFICATION, PROCUREMENT, AND DEPLOYMENT
- 8.4 CERTIFICATIONS, LABELING, AND ECO-STANDARDS
9 MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM (MARKET SIZE & FORECAST TO 2031-USD MILLION)
- 9.1 INTRODUCTION
- 9.2 FIXED-WING
- 9.2.1 INCREASING ELECTRICAL POWER REQUIREMENTS DRIVE ADOPTION IN FIXED-WING AIRCRAFT
- 9.2.2 NARROW-BODY AIRCRAFT
- 9.2.2.1 Weight optimization and operational efficiency to drive market
- 9.2.3 WIDE-BODY AIRCRAFT
- 9.2.3.1 Higher electrical power requirements and fuel efficiency targets to drive market
- 9.2.4 REGIONAL AIRCRAFT
- 9.2.4.1 High-flight cycle intensity and maintenance cost optimization to drive market
- 9.2.5 FIGHTER JETS
- 9.2.5.1 Rising mission-system electrical loads and power density requirements to drive market
- 9.3 ROTARY-WING
- 9.3.1 REDUCTION OF HYDRAULIC SYSTEM COMPLEXITY AND IMPROVEMENT IN MISSION RELIABILITY TO DRIVE MARKET
- 9.3.2 MEDIUM HELICOPTERS
- 9.3.2.1 Increasing need for efficient electrical power management to drive market
- 9.3.3 HEAVY HELICOPTERS
- 9.3.3.1 High auxiliary power demand and payload efficiency requirements to drive market
10 MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM (MARKET SIZE & FORECAST TO 2031-USD MILLION)
- 10.1 INTRODUCTION
- 10.2 PROPULSION SYSTEM
- 10.2.1 INCREASING ELECTRIFICATION OF PROPULSION-ASSOCIATED FUNCTIONS TO DRIVE MARKET
- 10.2.2 FUEL MANAGEMENT SYSTEM
- 10.2.2.1 Electrification of fuel pumping and metering to reduce parasitic power losses and optimize fuel delivery to drive market
- 10.2.3 THRUST REVERSER SYSTEM
- 10.2.3.1 Reduced hydraulic complexity and improved deployment reliability to drive market
- 10.3 AIRCRAFT SYSTEM
- 10.3.1 INCREASING ELECTRIFICATION OF ONBOARD AIRCRAFT FUNCTIONS TO DRIVE MARKET
- 10.3.2 ENVIRONMENTAL CONTROL SYSTEM
- 10.3.2.1 Elimination of engine bleed-air dependence to improve aircraft energy efficiency to drive market
- 10.3.3 ACCESSORY DRIVE SYSTEM
- 10.3.3.1 Shift from mechanically driven accessories toward independently controlled electric drives to drive market
- 10.3.4 POWER MANAGEMENT SYSTEM
- 10.3.4.1 Rising electrical loads and increasing power-network complexity to drive intelligent power management adoption
- 10.3.5 CABIN INTERIOR SYSTEM
- 10.3.5.1 Increasing electrical demand from connected and digitally equipped cabins to drive market
11 MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT (MARKET SIZE & FORECAST TO 2031-USD MILLION)
- 11.1 INTRODUCTION
- 11.2 ENGINE
- 11.2.1 INCREASING ELECTRIFICATION OF ENGINE ACCESSORIES AND POWER OFFTAKE FOR PROPULSION EFFICIENCY TO DRIVE MARKET
- 11.3 BATTERY
- 11.3.1 GROWING NEED FOR HIGH-POWER ENERGY STORAGE AND PEAK-LOAD SUPPORT TO DRIVE MARKET
- 11.4 FUEL CELLS
- 11.4.1 DEMAND FOR LOW-EMISSION ONBOARD POWER GENERATION TO DRIVE MARKET
- 11.5 SOLAR CELLS
- 11.5.1 INCREASING DEMAND FOR SUPPLEMENTAL ELECTRICAL POWER AND EXTENDED ENERGY AVAILABILITY TO DRIVE MARKET
- 11.6 GENERATORS
- 11.6.1 RISING ONBOARD ELECTRICAL LOADS AND TRANSITION TOWARD HIGHER-CAPACITY POWER GENERATION TO DRIVE MARKET
- 11.6.2 STARTER GENERATORS
- 11.6.2.1 Integration of engine starting and power generation functions for reduced weight and system complexity to drive market
- 11.6.3 AUXILIARY POWER UNITS (APU)
- 11.6.3.1 Growing demand for independent electrical power during ground and non-propulsive operations to drive market
- 11.6.4 VSCF GENERATORS
- 11.6.4.1 Need for stable electrical frequency across variable engine speeds to drive market
- 11.7 ACTUATORS
- 11.7.1 SHIFT TOWARD DISTRIBUTED ELECTRIC ACTUATION FOR REDUCED HYDRAULIC DEPENDENCE AND IMPROVED SYSTEM EFFICIENCY TO DRIVE MARKET
- 11.7.2 ELECTRIC
- 11.7.2.1 Replacement of centralized hydraulic actuation with point-of-use electrical motion control to drive market
- 11.7.3 HYBRID ELECTRIC
- 11.7.3.1 Need to combine hydraulic force density with distributed electrical control and redundancy to drive market
- 11.7.4 ELECTRO-HYDRO-STATIC ACTUATORS (EHA)
- 11.7.4.1 Increasing adoption of localized hydraulic power generation to reduce centralized hydraulic infrastructure to drive market
- 11.7.5 ELECTRO-MECHANICAL ACTUATORS (EMA)
- 11.7.5.1 Increasing replacement of fluid-based actuation with direct electrical-to-mechanical motion to drive market
- 11.7.6 ELECTRICAL BACKUP HYDRAULIC ACTUATORS (EBHA)
- 11.7.6.1 Growing requirement for independent backup actuation and enhanced fault tolerance to drive market
- 11.8 ELECTRIC PUMPS
- 11.8.1 SHIFT TOWARD DEMAND-BASED FLUID POWER GENERATION TO REDUCE MECHANICAL POWER EXTRACTION TO DRIVE MARKET
- 11.9 POWER ELECTRONICS
- 11.9.1 RISING NEED FOR HIGH-EFFICIENCY POWER CONVERSION ACROSS MULTI-VOLTAGE AIRCRAFT ELECTRICAL ARCHITECTURES TO DRIVE MARKET
- 11.9.2 RECTIFIERS
- 11.9.2.1 Growing adoption of high-voltage DC architectures to increase demand for efficient AC-to-DC conversion
- 11.9.3 INVERTERS
- 11.9.3.1 Increasing deployment of variable-speed electric motors and actuation systems to drive market
- 11.9.4 POWER CONVERTERS
- 11.9.4.1 Increasing integration of multiple voltage levels and electrical power sources to drive market
- 11.10 DISTRIBUTION DEVICES
- 11.10.1 EXPANSION OF HIGH-VOLTAGE ELECTRICAL ARCHITECTURES AND NEED FOR LIGHTWEIGHT POWER DISTRIBUTION TO DRIVE MARKET
- 11.10.2 WIRES & CABLES
- 11.10.2.1 Rising high-voltage power transmission requirements and need to reduce wiring weight to drive market
- 11.10.3 CONNECTORS & CONNECTOR ACCESSORIES
- 11.10.3.1 Increasing need for reliable high-voltage interconnections in harsh aircraft operating environments to drive market
- 11.10.4 BUSBARS
- 11.10.4.1 Growing demand for compact high-current distribution and improved power density to drive market
- 11.11 VALVES
- 11.11.1 GROWING ADOPTION OF ELECTRICALLY CONTROLLED FLUID MANAGEMENT FOR PRECISION AND REDUCED HYDRAULIC SYSTEM COMPLEXITY TO DRIVE MARKET
- 11.12 LANDING GEARS
- 11.12.1 ELECTRIFICATION OF BRAKING, STEERING, AND GEAR ACTUATION TO DRIVE MARKET
12 MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION (MARKET SIZE & FORECAST TO 2031-USD MILLION)
- 12.1 INTRODUCTION
- 12.2 POWER GENERATION
- 12.2.1 RISING ONBOARD ELECTRICAL LOADS AND NEED FOR HIGHER POWER DENSITY GENERATION TO DRIVE MARKET
- 12.3 POWER DISTRIBUTION
- 12.3.1 EXPANSION OF HIGH-VOLTAGE ELECTRICAL NETWORKS AND NEED FOR LIGHTWEIGHT, RELIABLE POWER DELIVERY TO DRIVE MARKET
- 12.4 POWER CONVERSION
- 12.4.1 INCREASING INTEGRATION OF MULTI-VOLTAGE ELECTRICAL SOURCES AND LOADS TO DRIVE MARKET
- 12.5 ENERGY STORAGE
- 12.5.1 GROWING REQUIREMENT FOR PEAK-POWER SUPPORT, BACKUP CAPABILITY, AND ELECTRICAL SYSTEM RESILIENCE TO DRIVE MARKET
13 MORE ELECTRIC AIRCRAFT MARKET, BY END USER (MARKET SIZE & FORECAST TO 2031-USD MILLION)
- 13.1 INTRODUCTION
- 13.2 CIVIL
- 13.2.1 GROWING FOCUS ON FUEL EFFICIENCY, OPERATING COST REDUCTION, AND DISPATCH RELIABILITY TO DRIVE MARKET
- 13.3 MILITARY
- 13.3.1 RISING POWER DEMAND AND NEED FOR ENHANCED MISSION AVAILABILITY TO DRIVE MARKET
14 MORE ELECTRIC AIRCRAFT MARKET, BY REGION (MARKET SIZE & FORECAST TO 2031-USD MILLION)
- 14.1 INTRODUCTION
- 14.2 NORTH AMERICA
- 14.2.1 US
- 14.2.1.1 Large aircraft fleet and increasing adoption of more-electric architectures across platforms to drive market
- 14.2.2 CANADA
- 14.2.2.1 Strong aerospace manufacturing base and increasing integration of electrical architectures to boost market
- 14.3 EUROPE
- 14.3.1 FRANCE
- 14.3.1.1 Strong aircraft manufacturing ecosystem and advanced electrical-system integration to drive market
- 14.3.2 GERMANY
- 14.3.2.1 Advancement of high-efficiency power electronics and electrical distribution technologies to drive market
- 14.3.3 UK
- 14.3.3.1 Rising military electrical loads and high-power generation requirements to drive market
- 14.3.4 ITALY
- 14.3.4.1 Increasing electrification of actuation and landing-gear functions to drive market
- 14.3.5 RUSSIA
- 14.3.5.1 Localization of electrical power generation and distribution technologies to drive market
- 14.3.6 REST OF EUROPE
- 14.3.6.1 Expansion of specialized electrical components and energy-storage technologies to drive market
- 14.4 ASIA PACIFIC
- 14.4.1 CHINA
- 14.4.1.1 Expansion of domestic aircraft programs and localization of electrical-system capabilities to drive market
- 14.4.2 INDIA
- 14.4.2.1 Expansion of local power-and-control engineering capabilities to drive market
- 14.4.3 JAPAN
- 14.4.3.1 Integrated power and thermal management technologies to drive market growth
- 14.4.4 SOUTH KOREA
- 14.4.4.1 Indigenous fighter production and rising mission-system power demand to drive market growth
- 14.4.5 AUSTRALIA
- 14.4.5.1 Advanced combat aircraft modernization and increasing power-and-thermal management requirements to drive growth
- 14.4.6 REST OF ASIA PACIFIC
- 14.4.6.1 Expansion of aircraft electrical-system manufacturing and MRO capabilities to drive market
- 14.5 LATIN AMERICA
- 14.5.1 BRAZIL
- 14.5.1.1 Embraer-led integration of advanced electrical architectures to drive market
- 14.5.2 MEXICO
- 14.5.2.1 Expansion of aircraft electrical interconnection manufacturing capacity to drive market
- 14.5.3 REST OF LATIN AMERICA
- 14.5.3.1 Defense fleet modernization and growing aerospace industrial cooperation to drive market
- 14.6 MIDDLE EAST & AFRICA
- 14.6.1 GCC COUNTRIES
- 14.6.1.1 Saudi Arabia
- 14.6.1.1.1 Large-scale adoption of more-electric widebody architectures to drive market growth
- 14.6.1.2 UAE
- 14.6.1.2.1 Large-scale adoption of more electric widebody aircraft to drive market growth
- 14.6.2 ISRAEL
- 14.6.2.1 Expansion of APU aftermarket and aircraft electrical-system engineering capabilities to drive market
- 14.6.3 SOUTH AFRICA
- 14.6.3.1 Expansion of aircraft electrical-system MRO and power generation support capabilities to drive market
- 14.6.4 REST OF MIDDLE EAST & AFRICA
- 14.6.4.1 Increasing adoption of more electric wide-body aircraft to drive market growth
15 COMPETITIVE LANDSCAPE
- 15.1 INTRODUCTION
- 15.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2026
- 15.3 REVENUE ANALYSIS, 2021-2025
- 15.4 MARKET SHARE ANALYSIS, 2025
- 15.5 BRAND/PRODUCT COMPARISON
- 15.6 COMPANY VALUATION AND FINANCIAL METRICS
- 15.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2025
- 15.7.1 STARS
- 15.7.2 EMERGING LEADERS
- 15.7.3 PERVASIVE PLAYERS
- 15.7.4 PARTICIPANTS
- 15.7.5 COMPANY FOOTPRINT, KEY PLAYERS,2025
- 15.7.5.1 Company footprint
- 15.7.5.2 Region footprint
- 15.7.5.3 Platform footprint
- 15.7.5.4 System footprint
- 15.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2025
- 15.8.1 PROGRESSIVE COMPANIES
- 15.8.2 RESPONSIVE COMPANIES
- 15.8.3 DYNAMIC COMPANIES
- 15.8.4 STARTING BLOCKS
- 15.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2025
- 15.8.5.1 List of startups/SMEs
- 15.8.5.2 Competitive benchmarking of startups/SMEs
- 15.9 COMPETITIVE SCENARIO
- 15.9.1 PRODUCT LAUNCHES/DEVELOPMENTS
- 15.9.2 DEALS
- 15.9.3 OTHER DEVELOPMENTS
16 COMPANY PROFILES
- 16.1 KEY PLAYERS
- 16.1.1 SAFRAN
- 16.1.1.1 Business overview
- 16.1.1.2 Products/Solutions/Services Offered
- 16.1.1.3 Recent developments
- 16.1.1.3.1 Product launches/developments
- 16.1.1.3.2 Deals
- 16.1.1.3.3 Other developments
- 16.1.1.4 MnM View
- 16.1.1.4.1 Right to win
- 16.1.1.4.2 Strategic choices
- 16.1.1.4.3 Weaknesses and competitive threats
- 16.1.2 HONEYWELL AEROSPACE
- 16.1.2.1 Business overview
- 16.1.2.2 Products/Solutions/Services Offered
- 16.1.2.3 Recent developments
- 16.1.2.3.1 Product launches/developments
- 16.1.2.3.2 Deals
- 16.1.2.3.3 Other developments
- 16.1.2.4 MnM View
- 16.1.2.4.1 Right to win
- 16.1.2.4.2 Strategic choices
- 16.1.2.4.3 Weaknesses and competitive threats
- 16.1.3 RTX CORPORATION
- 16.1.3.1 Business overview
- 16.1.3.2 Products/Solutions/Services Offered
- 16.1.3.3 Recent developments
- 16.1.3.3.1 Product launches/developments
- 16.1.3.3.2 Deals
- 16.1.3.3.3 Other developments
- 16.1.3.4 MnM View
- 16.1.3.4.1 Right to win
- 16.1.3.4.2 Strategic choices
- 16.1.3.4.3 Weaknesses and competitive threats
- 16.1.4 GE AEROSPACE
- 16.1.4.1 Business overview
- 16.1.4.2 Products/Solutions/Services Offered
- 16.1.4.3 Recent developments
- 16.1.4.3.1 Product launches/developments
- 16.1.4.3.2 Deals
- 16.1.4.3.3 Other developments
- 16.1.4.4 MnM View
- 16.1.4.4.1 Right to win
- 16.1.4.4.2 Strategic choices
- 16.1.4.4.3 Weaknesses and competitive threats
- 16.1.5 PARKER HANNIFIN CORP
- 16.1.5.1 Business overview
- 16.1.5.2 Products/Solutions/Services Offered
- 16.1.5.3 Recent developments
- 16.1.5.3.1 Product launches/developments
- 16.1.5.3.2 Deals
- 16.1.5.4 MnM View
- 16.1.5.4.1 Right to win
- 16.1.5.4.2 Strategic choices
- 16.1.5.4.3 Weaknesses and competitive threats
- 16.1.6 BAE SYSTEMS
- 16.1.6.1 Business overview
- 16.1.6.2 Products/Solutions/Services Offered
- 16.1.6.3 Recent developments
- 16.1.6.3.1 Product launches/developments
- 16.1.6.3.2 Deals
- 16.1.6.3.3 Other developments
- 16.1.7 LIEBHERR-AEROSPACE & TRANSPORTATION SAS
- 16.1.7.1 Business overview
- 16.1.7.2 Products/Solutions/Services Offered
- 16.1.7.3 Recent developments
- 16.1.7.3.1 Product launches/developments
- 16.1.7.3.2 Deals
- 16.1.7.3.3 Other Developments
- 16.1.8 AMETEK INC.
- 16.1.8.1 Business overview
- 16.1.8.2 Products/Solutions/Services Offered
- 16.1.8.3 Recent developments
- 16.1.8.3.1 Product launches/developments
- 16.1.8.3.2 Deals
- 16.1.8.3.3 Other developments
- 16.1.9 NABTESCO CORPORATION
- 16.1.9.1 Business overview
- 16.1.9.2 Products/Solutions/Services Offered
- 16.1.9.3 Recent developments
- 16.1.9.3.1 Product launches/developments
- 16.1.10 MOOG INC.
- 16.1.10.1 Business overview
- 16.1.10.2 Products/Solutions/Services Offered
- 16.1.10.3 Recent developments
- 16.1.10.3.1 Product launches/developments
- 16.1.10.3.2 Deals
- 16.1.11 ASTRONICS CORPORATION
- 16.1.11.1 Business overview
- 16.1.11.2 Products/Solutions/Services Offered
- 16.1.11.3 Recent developments
- 16.1.11.3.1 Product launches/developments
- 16.1.12 EATON
- 16.1.12.1 Business overview
- 16.1.12.2 Products/Solutions/Services Offered
- 16.1.12.3 Recent developments
- 16.1.12.3.1 Product launches/developments
- 16.1.12.3.2 Deals
- 16.1.13 THALES
- 16.1.13.1 Business overview
- 16.1.13.2 Products/Solutions/Services Offered
- 16.1.13.3 Recent developments
- 16.1.14 CURTISS-WRIGHT CORPORATION
- 16.1.14.1 Business overview
- 16.1.14.2 Products/Solutions/Services Offered
- 16.1.14.3 Recent developments
- 16.1.15 CRANE COMPANY
- 16.1.15.1 Business overview
- 16.1.15.2 Products/Solutions/Services Offered
- 16.1.15.3 Recent developments
- 16.2 OTHER PLAYERS
- 16.2.1 TAMAGAWA SEIKI CO., LTD.
- 16.2.2 GLENAIR
- 16.2.3 UMBRAGROUP
- 16.2.4 MAROTTA CONTROLS, INC.
- 16.2.5 H3X TECHNOLOGIES INC.
- 16.2.6 KGS ELECTRONICS
- 16.2.7 INGENIUM TECHNOLOGIES CORP.
- 16.2.8 LYNXEO
- 16.2.9 RADIALL
- 16.2.10 CROUZET
17 RESEARCH METHODOLOGY
- 17.1 RESEARCH DATA
- 17.1.1 SECONDARY DATA
- 17.1.1.1 Key data from secondary sources
- 17.1.1.2 List of key secondary sources
- 17.1.2 PRIMARY DATA
- 17.1.2.1 Key data from primary sources
- 17.1.2.2 Key primary participants
- 17.1.2.3 Breakdown of primary interviews
- 17.2 MARKET SIZE ESTIMATION
- 17.2.1 BOTTOM-UP APPROACH
- 17.2.2 TOP-DOWN APPROACH
- 17.2.3 MARKET SIZE CALCULATION FOR BASE YEAR
- 17.3 MARKET FORECAST APPROACH
- 17.3.1 SUPPLY SIDE
- 17.3.2 DEMAND SIDE
- 17.4 DATA TRIANGULATION
- 17.5 FACTOR ANALYSIS
- 17.6 RESEARCH ASSUMPTIONS
- 17.7 RESEARCH LIMITATIONS
- 17.8 RISK ASSESSMENT
18 APPENDIX
- 18.1 DISCUSSION GUIDE
- 18.2 ANNEXURE
- 18.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 18.4 CUSTOMIZATION OPTIONS
- 18.5 RELATED REPORTS
- 18.6 AUTHOR DETAILS