Global Aircraft Generators Market Size study, By Type (Variable Speed Constant Frequency, Auxiliary Power Unit, Starter Generator, Integrated Drive Generator, Alternator), By Aircraft Technology (Conventional Aircraft, Hybrid Electric Aircraft), By Platform (Fixed-wing, Rotary-wing), By Power Rating (Less than 100 kW, 100- 500 kW, More than 500 kW), and Regional Forecasts 2022-2028
Global Aircraft Generators Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Aircraft Generators are used to convert mechanical energy to electrical energy through applications of electromagnetics. These generators produce electrical power when the aircraft battery is completely discharged. Factors such as surging demand for new commercial aircraft, increasing advancements in power generation technology of hybrid electric platforms and light aircraft, and rising strategic actions such as mergers & acquisitions, product launches, etc. are fostering the global market demand. For instance, In April 2022, A variety of Honeywell engine and power systems technology has been selected by Lockheed Martin Sikorsky-Boeing for its DEFIANT X helicopter, which is currently a contender to win the US Army's Future Long-Range Assault Aircraft (FLRAA) competition. Team DEFIANT selected Honeywell's main engine generator and APU generator and Honeywell's GTCP 36-150 auxiliary power units (APUs) series. Consequentially, the rising adoption of advanced generators in aircraft is bolstering the market growth across the globe. However, high voltage and thermal issues and stringent regulatory frameworks impede the growth of the market over the forecast period of 2022-2028. Also, the rising development of advanced power electronics and growing expenditure on R&D activities are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Aircraft Generators Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing investments in technological advancements in aircraft electrical systems and the presence of various prominent market players such as Honeywell, General Electric and Collins Aerospace, and many others. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the surge in demand for new aircraft, and the growth of various emerging markets such as South Korea, India, Japan, and China would create lucrative growth prospects for the Aircraft Generators Market across the Asia-Pacific region.
Major market players included in this report are:
Honeywell International Inc.
General Electric
Collins Aerospace
Safran
Thales Group
General Electric
Ametek, Inc.
Meggitt Plc
Rolls-Royce Holdings Plc
Astronics Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Variable Speed Constant Frequency
Auxiliary Power Unit
Starter Generator
Integrated Drive Generator
Alternator
By Aircraft Technology:
Conventional Aircraft
Hybrid Electric Aircraft
By Platform:
Fixed-wing
Rotary-wing
By Power Rating:
Less than 100 kW
100- 500 kW
More than 500 kW
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Aircraft Generators Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Honeywell International Inc.
General Electric
Collins Aerospace
Safran
Thales Group
General Electric
Ametek, Inc.
Meggitt Plc
Rolls-Royce Holdings Plc
Astronics Corporation
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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