Aircraft Electrical Systems Market Global Report 2026

The aircraft electrical systems market size has grown strongly in recent years. It will grow from $28.5 billion in 2025 to $30.73 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%.The growth in the historic period can be attributed to increasing aircraft fleet modernization, rising demand for reliable onboard electrical power, growing adoption of electronic flight systems, increasing aircraft production volumes, and rising replacement demand for aging electrical components.

The aircraft electrical systems market size is expected to see strong growth in the next few years. It will grow to $41.91 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing adoption of more electric aircraft, growing demand for higher onboard electrical power capacity, rising electrification of aircraft systems, increasing demand for lightweight and energy-efficient electrical components, and growing deployment of advanced aircraft power management systems. Major trends in the forecast period include increasing adoption of more electric aircraft architectures, growing demand for higher power-density electrical systems, rising integration of lightweight electrical components, increasing adoption of high-voltage aircraft electrical architectures, and growing emphasis on electrical system redundancy and fault tolerance.

The increasing aircraft production and deliveries are expected to propel the growth of the aircraft electrical systems market going forward. Aircraft production and deliveries refer to the manufacturing, assembly, certification, and transfer of completed aircraft from manufacturers to customers for commercial, military, or private operational use. Aircraft production and deliveries are increasing due to rising demand for air travel, as growing passenger traffic encourages airlines to expand and modernize their fleets, prompting manufacturers to increase production and deliver more aircraft to meet customer requirements. Increasing aircraft production and deliveries support aircraft electrical systems by driving demand for advanced electrical components, power distribution systems, and avionics systems required to improve aircraft performance, safety, and operational efficiency. For instance, in January 2024, according to Airbus SE, a Netherlands-based manufacturer and developer of aerospace services, solutions, and products, the company delivered 735 commercial aircraft to 87 customers worldwide in 2023, representing an 11% increase compared with 2022. Therefore, increasing aircraft production and deliveries are driving the growth of the aircraft electrical systems market.

Major companies operating in the aircraft electrical systems market are concentrating on expanding advanced maintenance, repair, and overhaul (MRO) facilities to increase service capacity, reduce turnaround times, and meet the growing demand for reliable aircraft electrical systems. Maintenance, repair, and overhaul (MRO) facilities are specialized service centers that inspect, repair, refurbish, test, and certify aircraft electrical components to maintain their safety, reliability, and regulatory compliance. For instance, in March 2026, Safran Electrical & Power, a France-based aerospace and defense company, inaugurated an expanded 140,000-square-foot facility in Sarasota, Florida. The expanded facility is designed to provide maintenance, repair, and overhaul services for aircraft electrical systems and equipment. It provides benefits including increased repair capacity, faster turnaround times, and enhanced support for a broader range of aircraft platforms. The expansion is intended to help airlines and aircraft operators improve fleet availability while meeting the growing demand for efficient aftermarket services and supporting the modernization of aviation infrastructure.

In January 2026, SkyDrive Inc., a Japan-based eVTOL aircraft manufacturer, partnered with SASMOS HET Technologies Ltd. to develop the electrical wiring interconnection system (EWIS) for SkyDrive's SD-05 eVTOL aircraft. Through this partnership, the companies aimed to enhance aircraft electrical systems by developing reliable, lightweight, and certification-compliant electrical wiring solutions for the SD-05 aircraft. The partnership also supports efficient manufacturing, large-scale production, and commercial deployment of next-generation eVTOL aircraft. SASMOS HET Technologies Ltd. is an India-based aerospace engineering and manufacturing company specializing in advanced electrical wiring interconnection systems for aerospace.

Major companies operating in the aircraft electrical systems market are RTX Corporation, General Electric Company, Honeywell International Inc., BAE Systems plc, Safran SA, Rolls-Royce Holdings plc, Parker-Hannifin Corporation, Amphenol Corporation, AMETEK Inc., Moog Inc., Nabtesco Corporation, Liebherr-International AG, Astronics Corporation, Ducommun Incorporated, Crane Co., Latécoère S.A., PBS Group a.s.

North America was the dominant region in the aircraft electrical systems market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the aircraft electrical systems market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the aircraft electrical systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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