Market Overview:

The global aircraft electrical system market is projected to grow to USD 27.29 billion by 2027, with a steady compound annual growth rate (CAGR) of 5.83%. This growth is driven by increasing defense budgets among major economies, according to a report by Fortune Business Insights™ titled “Aircraft Electrical System Market Size, Share & Industry Analysis, By Platform (Fixed-Wing and Rotary Wing), By Component (Generators, Conversion Devices, Distribution Devices, Battery Management Systems, and Others), By Application (Power Generation Management, Flight Control & Operation, Cabin System, Configuration Management, and Air Pressurization & Conditioning), By Technology (Conventional, Electric, and Others), By End User (OEM and Aftermarket) and Regional Forecast, 2020-2027”.

Informational Source:

https://www.fortunebusinessinsights.com/aircraft-electrical-system-market-104822

Key Companies: