The Aircraft Generators Market is projected to grow from USD 5.2 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 7.1% during the forecast period. The aviation industry is witnessing major transformations in terms of technological advancements in aircraft models. This has given rise to improvements in the power generation systems used in aircraft. More electric and hybrid-electric aircraft are part of the future of the aviation industry, with their adoption rate expected to significantly increase in the future.
Problems associated with conventional aircraft systems, such as cost, heating, fluid, and contamination, are eliminated in electrical solutions. Electrical systems are up to 80% more efficient than hydraulic actuators, as they come with a more efficient motor (without the issue of heating) and a lower risk of component damage. Electrical systems are also environment-friendly and safer to use than conventional systems, which consist of hydraulic fluids that can damage the skin and cause poisoning or infection due to the high temperature. Therefore, the demand for electrical solutions has been continuously increasing, which, in turn, drives the aircraft generators market.
By Platform, the fixed-wing segment is expected to grow the highest in the forecast period. The increasing air traffic is contributing to the increasing requirements for commercial aircraft across regions. Increasing border tensions across regions are also a major factor for countries investing in tactical aircraft. These factors contribute to the growth of the fixed-wing segment in the aircraft generator market.
Based on type, the VSCF generators are witnessing highest growth in the forecast period. VSCF generators can accommodate flexible electrical architectures. That is the components of the VSCF generators can be spread out across the aircraft in contrast with IDG generators where it needs to be mounted closer to the engine. This factor is driving aircraft designers to increasingly adopt the VSCF generators into their systems.
The break-up of profile of primary participants in the aircraft generator market:
This research report categorizes the aircraft generator market on the basis of Current Type (AC, DC), By Type (VSCF, IDG, APU, Starter Generator), By Power Rating, By Aircraft Technology, By Platform (Fixed-wing, Rotary-wing), By End-Use (OEM, Aftermarket). These segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East, Latin America, and Africa. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the aircraft generator market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches; mergers; and partnerships, agreements, and collaborations; and recent developments associated with sustainable aviation fuel market. In addition, the startups in the aircraft generators market ecosystem are covered in this report to provide usable insights and developments happening in the emerging market of aircraft generators.
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aircraft generator market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Problems associated with conventional aircraft systems, such as cost, heating, fluid, and contamination, are eliminated in electrical solutions. Electrical systems are up to 80% more efficient than hydraulic actuators, as they come with a more efficient motor (without the issue of heating) and a lower risk of component damage. Electrical systems are also environment-friendly and safer to use than conventional systems, which consist of hydraulic fluids that can damage the skin and cause poisoning or infection due to the high temperature. Therefore, the demand for electrical solutions has been continuously increasing, which, in turn, drives the aircraft generators market.
Fixed Wing segment to witness the highest growth in the forecast period
By Platform, the fixed-wing segment is expected to grow the highest in the forecast period. The increasing air traffic is contributing to the increasing requirements for commercial aircraft across regions. Increasing border tensions across regions are also a major factor for countries investing in tactical aircraft. These factors contribute to the growth of the fixed-wing segment in the aircraft generator market.
VSCF generator to witness the highest growth in the forecast period.
Based on type, the VSCF generators are witnessing highest growth in the forecast period. VSCF generators can accommodate flexible electrical architectures. That is the components of the VSCF generators can be spread out across the aircraft in contrast with IDG generators where it needs to be mounted closer to the engine. This factor is driving aircraft designers to increasingly adopt the VSCF generators into their systems.The break-up of profile of primary participants in the aircraft generator market:
- By Company Type: Tier 1 - 20%, Tier 2 - 55%, and Tier 3 - 25%
- By Designation: C Level - 50%, Director Level - 25%, and Others - 25%
- By Region: North America -60%, Europe - 20%, AsiaPacific - 10%,South America- 5%, and RoW - 5%
Research Coverage:
This research report categorizes the aircraft generator market on the basis of Current Type (AC, DC), By Type (VSCF, IDG, APU, Starter Generator), By Power Rating, By Aircraft Technology, By Platform (Fixed-wing, Rotary-wing), By End-Use (OEM, Aftermarket). These segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East, Latin America, and Africa. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the aircraft generator market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches; mergers; and partnerships, agreements, and collaborations; and recent developments associated with sustainable aviation fuel market. In addition, the startups in the aircraft generators market ecosystem are covered in this report to provide usable insights and developments happening in the emerging market of aircraft generators.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aircraft generator market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on aircraft generator market offered by the top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches, contracts, agreements, and expansion plans in the aircraft generator market.
- Market Development: Comprehensive information about lucrative markets - the report analyzes the aircraft generator market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aircraft generator market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the aircraft generator market.
Table of Contents
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aircraft Generators Market, by Current Type
9 Aircraft Generators Market, by Type
11 Aircraft Generators Market, by Platform
13 Regional Analysis
14 Competitive Landscape
15 Company Profiles
16 Appendix
Companies Mentioned
- Aerospace Electrical Systems
- Aerotech of Louisville, Inc.
- Ametek, Inc.
- Arc Systems, Inc.
- Astronics Corporation
- Calnetix Technologies
- Collins Aerospace
- Denis Ferranti
- Duryea Technologies
- Epropelled
- General Electric
- Heico Corporation
- Honeywell International Inc.
- Meggitt plc
- Naasco
- Pbs Aerospace
- Plane-Power
- Precision Aviation Group
- Rolls-Royce Holdings plc
- Safran
- Sinfonia Technology Co. Ltd.
- Skurka Aerospace, Inc.
- Tae Aerospace
- Thales Group
- Unison Industries
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | June 2022 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 5.2 Billion |
| Forecasted Market Value ( USD | $ 7.3 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
