The global demand for Aircraft Generators Market is presumed to reach the market size of nearly USD 17.6 BN by 2030 from USD 7.96 BN in 2022 with a CAGR of 9.22% under the study period 2023 - 2030.
Aircraft generators are sophisticated systems of components that are used to generate, transmit, distribute, use, and store electrical energy. This energy is supplied to various features and functions such as avionics, communication, heating or cooling, and primary & secondary flight controls. Aircraft generators are used to produce electricity driven by an engine, auxiliary power unit (APU) or a ram air turbine (RAT).
Market Dynamics
The increase in demand for new aircraft globally and the rise in demand for electric aircraft for commercial aviation are key factors fuelling the market growth. Moreover, there is increased collaboration between electrical and aircraft manufacturers to invest in electric power systems. Such collaborative projects are expected to offer lucrative market opportunities to the aircraft generators' market growth. Electrical systems are also more environment friendly and safe to use than traditional systems, which use hydraulic fluids that can cause skin damage, poisoning or infection due to the high temperature. As a result, the demand for electrical solutions has continuously grown, driving the aircraft generators market. However, high voltage and thermal issues may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of aircraft generators. The growth and trends of aircraft generators industry provide a holistic approach to this study.
Market Segmentation
This section of the aircraft generators market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End Use
By Current Type
By Platform
By Type
- Variable Speed Constant Frequency
- Auxiliary Power Unit
- Starter Generator
- Integrated Drive Generator
- Alternator
By Aircraft Technology
- Conventional Aircraft
- Hybrid Electric Aircraft
By Power Rating
- Less Than 100 KW
- 100- 500 KW
- More Than 500 KW
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Aircraft Generators market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Aircraft Generators Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the aircraft generators market include Honeywell (US), General Electric (US), Collins Aerospace (US), Safran (France), Thales Group (France). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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