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The Growth of the Aircraft Electrical Systems Market

The Aircraft Electrical Systems Market is on the rise, poised to reach a remarkable valuation of $110.40 billion by the year 2030. This data comes from a comprehensive analysis conducted by MarketsandMarkets™, showcasing a significant shift in the aviation industry toward more efficient electrical solutions. The market, which stood at $94.06 billion in 2025, is expected to register a CAGR of 3.3% during the forecast period.

Driving Forces Behind Market Growth

The demand for aircraft electrical systems is primarily driven by a noticeable transition towards More Electric Aircraft (MEA), hybrid-electric solutions, and fully electric aircraft designs. Innovations in high-voltage distribution units, advanced converters, batteries, and power management systems are central to this shift. In particular, the power drives segment is anticipated to achieve the highest CAGR, estimated at 9.8% moving forward.

Moreover, the propulsion powertrain sector is projected to witness the most significant growth in applications from 2025 to 2030, revealing the increasing dependence on sophisticated electrical solutions for aircraft propulsion.

Market Trends and Insights

One of the key trends shaping the market is the rapid development of urban air mobility (UAM) platforms and hybrid-electric propulsion systems. This is anticipated to redefine demand patterns, as advancements in technology enable intelligent and digitally monitored electrical systems.

Future demands will heavily rely on AI-enabled diagnostics, enhancing the sustainability and efficiency of operations. Major industry players, including Safran, Honeywell, GE Aerospace, RTX, Thales, and Airbus, are proactively investing in electrification technologies to meet growing market needs and improve system reliability.

The Aftermarket Advantage

Interestingly, the aftermarket segment is predicted to dominate with an 83% market share compared to the Original Equipment Manufacturer (OEM) segment throughout the forecast duration. This trend stems from the ongoing needs for maintenance, repairs, and timely upgrades to ensure compliance and safety across aviation standards.

Operators are increasingly focused on transitioning legacy systems to more advanced, energy-efficient options, bolstered by the rise of predictive maintenance practices. Furthermore, the expansion of global aviation fleets and extended aircraft lifespans contribute to sustained aftermarket service requirements, reinforcing this segment’s market stability.

Prospects for Advanced Air Mobility

The advanced air mobility (AAM) segment stands out as a promising category, projected to experience the highest growth during the 2025-2030 period. This segment is largely associated with the swift commercialization of electric vertical take-off and landing (eVTOL) aircraft, which are pivotal in reshaping transportation dynamics.

The influx of investments in electric aviation initiatives and regulatory support for this burgeoning sector are paving the way for large-scale adoption. Importantly, manufacturers are focusing on developing efficient cooling architectures tailored for eVTOLs and regional AAM applications, solidifying this segment’s emergence as a critical growth driver in the aircraft electrical systems market.

Regional Insights

On a global scale, North America is estimated to lead the aircraft electrical systems market with a projected share of 38.2% by 2025. Conversely, Europe is anticipated to follow closely, capturing the second largest share, thanks to a robust aerospace manufacturing industry and growing investments in sustainable aviation technologies across nations like France, Germany, and the UK.

Conclusion

The aircraft electrical systems market is at the cusp of substantial growth, driven by technological advancements, increased demand for electric aircraft, and regulatory investments in sustainability. With key players actively focused on developing next-generation systems, the aviation landscape is expected to transform, ushering in a new era of electrified air travel that prioritizes efficiency and eco-friendliness.

In conclusion, the impending rise in the aircraft electrical systems marks a pivotal moment in aviation, where innovation and sustainability will reforge the industry’s future.