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The aircraft electrical conversion systems market is likely to rebound at a significant CAGR of 7.7 % to reach a value of US$ 1.1 Billion by 2026.
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Presents a Research Report on Aircraft Electrical Conversion Systems Market The report on the Aircraft Electrical Conversion Systems Market is segmented By Component Type (Transformers, AC-DC Converters, and DC-AC Converters), by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, and UAV), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
The Aircraft Electrical Conversion Systems Market Highlights& Drivers • The aviation industry proved to be one of the biggest victims of the pandemic. However, the impact of the pandemic varied from aircraft to aircraft. For instance; commercial aircraft recorded an irreparable loss in the year 2020, where as, military aircraft registered a relatively less decline. • The tremor of this had been felt across the industry verticals including electrical conversion systems, declined over 20% in the year 2020. Overall, in the long run, the aircraft electrical conversion systems market is likely to rebound at a significant CAGR of 7.7 % to reach a value of US$ 1.1 Billion by 2026. • MarketInsight • By Component Type: • Based on the component type, the aircraft electrical conversion systems market is classified as transformers, AC-DC converters (TRU & ATRU), and DC-AC Converters (inverters). Among these components, transformer is expected to remain the largest segment of the market during the forecast period. AC/DC power converters are a type of electrical conversion device that converts the AC to DC. • On the other hand, as a result of their usage, AC-DC converters are likely to witness the highest growth in the market during the forecast period.
Market Insight & Competitive Insights • By Region: • In terms of regions, North America is likely to remain the largest market for aircraft electrical conversion systems during the forecast period, due to the increasing demand for commercial as well as military aircraft in the region. • The region is the biggest demand generator for general aviation, UAVs, military aircraft, and helicopters and one of the largest generators for commercial aircraft. This makes the region the most preferred manufacturing/assembly destination for aircraft. Asia-Pacific is currently a small market but is likely to exhibit the highest growth in the coming years, driven by China, Japan, and India. • Key Players • Collins Aerospace (Raytheon Technologies Corporation) • Crane Aerospace & Electronics • Honeywell International Inc. • GE Aviation • Safran Group • AMETEK.Inc. • Astronics Corporation • Thales Group
Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others
Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.
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