Aircraft Electrical Systems Market Size and Share

Aircraft Electrical Systems Market (2026 - 2031)
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Aircraft Electrical Systems Market Analysis by Mordor Intelligence

The aircraft electrical systems market size reached USD 26.09 billion in 2026 and is projected to climb to USD 37.07 billion by 2031, advancing at a 7.28% CAGR during the forecast period. This growth stems from airline and OEM preferences for More-Electric Aircraft (MEA) designs, which replace pneumatic and hydraulic subsystems with electrically powered equivalents, thereby lowering fuel burn and maintenance demands. Robust commercial backlogs at Airbus SE, The Boeing Company, and COMAC, accompanied by rising widebody retrofits for higher cabin power budgets, secure steady demand across power-generation, distribution, conversion, and energy storage hardware. The continued adoption of 270-volt-plus direct current distribution reduces copper weight by up to 40% while encouraging suppliers to shift toward silicon-carbide (SiC) semiconductors, which are rated for junction temperatures exceeding 200 °C. Hybrid-electric propulsion demonstrators validate high-power starter-generators, and rapid eVTOL prototyping accelerates certification activity for next-generation batteries, converters, and power-distribution software. Collectively, these trends ensure that the aircraft electrical systems market maintains a balanced mix of OEM linefit and aftermarket retrofit opportunities through the early 2030s.

Key Report Takeaways

  • By system, power distribution led with a 34.41% revenue share in 2025, while energy storage is forecasted to post a 9.44% CAGR through 2031.
  • By component, generators and starter-generators held a 23.22% share in 2025, whereas battery packs and battery management systems are projected to expand at an 8.24% CAGR through 2031.
  • By platform, commercial aviation accounted for a 63.87% share in 2025, and general aviation is expected to grow at a 9.12% CAGR through 2031.
  • By application, power generation management captured a 29.12% share in 2025, while cabin system electrification is expected to increase at an 8.56% CAGR through 2031.
  • By geography, North America commanded a 42.22% share in 2025, and the Asia-Pacific region is projected to register the fastest CAGR of 8.01% from 2025 to 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By System: Energy Storage Drives Electrification Transition

Energy storage systems are expected to grow at a 9.44% CAGR through 2031, the fastest rate among system categories in the aircraft electrical systems market. The acceleration comes from eVTOL entrants such as Joby’s air taxi and Lilium’s electric jet, both of which are transitioning from prototype to production with large Li-ion packs that comply with AC 20-184 containment rules. Power distribution retained a 34.41% share in 2025, reflecting an installed base of fault-tolerant buses on narrowbody and widebody fleets. Growth moderates as retrofit opportunities on legacy aircraft taper, yet the aircraft electrical systems market size attached to power distribution remains significant for spares and upgrades.

Power generation modules, including constant-frequency and variable-frequency generators, continue to serve baseline loads but face displacement by hybrid architectures that leverage battery packs during taxi. Power conversion units enable voltage translation between HVDC primary buses and 28-volt secondary avionics rails, with aerospace-qualified converters now achieving 95% efficiency at a power density of 1 kW/in³.[4]Vicor, “High-Density DC-DC Converters,” vicorpower.com Bidirectional converters that recuperate energy during descent support distributed-propulsion concepts being tested on NASA’s X-57 and Airbus’s E-Fan X. As certification frameworks under SAE ARP4754B mature, energy storage and power conversion segments look set for sustained share gains within the aircraft electrical systems market.

Aircraft Electrical Systems Market: Market Share by System
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By Component: Battery Management Systems Lead Innovation

Battery packs and BMS are forecasted to expand at an 8.24% CAGR, capturing momentum from eVTOL certification milestones and hybrid-electric demonstrators that demand high-reliability energy storage. Generators and starter-generators maintained a 23.22% share in 2025, underpinned by replacement demand in aging turbofan fleets. Yet growth plateaus as airlines favor auxiliary battery units that power ground operations and reduce fuel burn.

Power distribution units, including SiC solid-state contactors, integrate prognostic health monitoring that predicts wear 500 hours ahead of failure. Converters provide the bidirectional power flow required for regenerative modes, and aluminum wiring reduces harness mass by 30% while maintaining conductivity through copper-clad terminations. Connectors rated for 50,000 mating cycles ensure reliability on high-frequency test vehicles, and DO-326A cyber-secure firmware is standard in power-distribution software. Together, these trends reinforce component diversification inside the aircraft electrical systems market.

By Platform: General Aviation Embraces Electrification

Commercial aviation commanded a 63.87% share in 2025 as narrowbody production volumes stayed robust at Airbus and Boeing. Widebody programs contribute significantly to the electrical content per airframe, with each B777X set to consume USD 4-6 million in electrical systems. General aviation, encompassing business jets, turboprops, and the rapidly emerging eVTOL cohort, is forecasted to grow at a 9.12% CAGR through 2031, the fastest among platforms within the aircraft electrical systems market.

Business jet retrofits include in-seat power, high-speed connectivity, and induction-heat galleys, with each package costing USD 0.5-1.2 million and increasing cabin electrical loads. Helicopter conversions to electromechanical tail-rotor control reduce hydraulic maintenance and align with the safety expectations of urban air mobility. Military platforms utilize 270-volt DC buses for radar and electronic warfare payloads, transferring technology expertise back to civil programs. The rising demand for advanced power electronics across various platforms is expected to enlarge the aircraft electrical systems market size over the forecast period.

Aircraft Electrical Systems Market: Market Share by Platform
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By Application: Cabin Electrification Accelerates Growth

Power generation management held a 29.12% revenue share in 2025, covering generator-control units and load-sharing logic that balance the output of multiple generators. Cabin system electrification, however, is expected to achieve the highest application-level growth at an 8.56% CAGR as airlines update their cabins with USB-C charging, 4K displays, and induction-heated galleys. Each narrowbody retrofit can add 10-15 kW of continuous cabin load, driving demand for upgraded generators and power-distribution modules.

Flight control and operation systems are shifting toward electromechanical actuators that halve maintenance intervals by eliminating the need for hydraulic fluids. Electrically driven compressors in environmental control systems reduce fuel burn by up to 5% on long-haul aircraft, although a higher capital cost remains a hurdle. Cargo-handling upgrades in freighters include the addition of 50 kW generators to power conveyors and hoists, thereby expanding the aircraft electrical systems market share for supplemental power packages. Across various applications, software-mediated load shedding helps manage escalating peak loads without oversizing the generator, thereby reducing costs.

Geography Analysis

Asia-Pacific is poised to post an 8.01% CAGR through 2031, the highest regional rate in the aircraft electrical systems market, supported by COMAC’s C919 ramp, Airbus’s Tianjin A320 line, and India’s Tata-Airbus C295 program. North America retained a 42.22% share in 2025, leveraging Boeing’s Everett and Renton centers, Lockheed Martin’s F-35 facility, and a dense Tier-1 ecosystem across Seattle, Wichita, and Phoenix. Europe benefits from Airbus hubs in Hamburg and Toulouse, and sees consistent demand for retrofits of its widebody fleets.

Middle East carriers operate young, widebody heavy fleets, purchasing high-power cabin connectivity upgrades that boost regional electrical system revenues. South America remains modest, anchored by Embraer’s E2 line, but aftermarket retrofits on older ERJ-145 fleets add steady pull. Africa’s market is small yet growing, as Ethiopian Airlines modernizes its mixed fleets to comply with ICAO Annex 6 electrical safety mandates. As OEM offsets and localized manufacturing spread across Asia and the Middle East, geographic diversification strengthens global supply chain resilience within the aircraft electrical systems market.

Aircraft Electrical Systems Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The aircraft electrical systems market exhibits moderate consolidation, with the top five suppliers accounting for over 50% of the global revenue. Honeywell International Inc., RTX Corporation, Safran SA, General Electric Company, and Thales Group actively engage in mergers and acquisitions (M&A) to address capability gaps. Honeywell’s CAES takeover extends its RF-shielding and electromagnetic compatibility expertise, while Thales Group absorbs Cobham Aerospace Communications to expand its cockpit connectivity capabilities.

Technology differentiation orbits around power density, HVDC integration, and cyber-resilience. Major players channel R&D dollars into silicon-carbide devices that sustain 200 °C junctions, thus reducing cooling mass. Smaller firms position themselves in niche eVTOL subsystems, often partnering with incumbents to navigate the complexity of certification. The regulatory environment reinforces incumbency, as extensive compliance track records are prerequisites for type certificate amendments.

Technological differentiation centers on silicon-carbide power electronics, where Wolfspeed and Infineon supply MOSFETs that raise operating temperature limits and cut heat-sink mass 30%. Patent filings for solid-state circuit breakers and bidirectional converters increased by 35% between 2023 and 2025, indicating supplier confidence in HVDC adoption for the next commercial single-aisle. Consolidation continues, as illustrated by Parker-Hannifin’s 2022 acquisition of Meggitt, which merges hydraulic and electrical actuation. Meanwhile, Tier-2 suppliers in the Asia-Pacific region are expanding their wiring-harness capacities, although AS9100 audits are extending qualification cycles, thereby maintaining their incumbent advantage within the aircraft electrical systems market.

Aircraft Electrical Systems Industry Leaders

  1. RTX Corporation

  2. Honeywell International Inc.

  3. General Electric Company

  4. Thales Group

  5. Safran SA

  6. *Disclaimer: Major Players sorted in no particular order
Aircraft Electrical Systems Market
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Recent Industry Developments

  • June 2025: Safran Electrical & Power (Safran SA) and Saft (TotalEnergies) introduced a modular high-voltage Li-ion battery for next-generation electric aviation, supporting flexible installation and longer endurance.
  • May 2025: Vertical Aerospace and Honeywell International Inc. deepened cooperation on the VX4 eVTOL, integrating Anthem Flight Deck and compact fly-by-wire controls to deliver at least 150 aircraft by 2030.
  • April 2025: RTX’s Collins Aerospace signed a four-year extension of its cabin interior parts distribution agreement with Satair, which covers the global distribution of cabin interior electrical parts.

Table of Contents for Aircraft Electrical Systems Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing adoption of More-Electric Aircraft (MEA) architectures to reduce mechanical complexity and improve efficiency
    • 4.2.2 Rising aircraft production volumes and sustained order backlogs driving demand for advanced electrical systems
    • 4.2.3 Implementation of high-voltage direct current (HVDC) distribution systems to support next-generation power architectures
    • 4.2.4 Growing need for lightweight and compact electrical systems tailored to unmanned aerial platforms
    • 4.2.5 Silicon-carbide (SiC) power electronics enable higher temperature limits
    • 4.2.6 Retrofit-driven upgrades focused on cabin electrification, including in-seat power and galley modernization
  • 4.3 Market Restraints
    • 4.3.1 Challenges in managing heat and wiring complexity as system voltage levels increase
    • 4.3.2 High certification costs associated with advanced aerospace battery technologies
    • 4.3.3 Limited availability of qualified semiconductors meeting aerospace-grade performance and reliability standards
    • 4.3.4 Delays in regulatory approvals for software-driven power distribution units due to cybersecurity concerns
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape and Technological Outlook
  • 4.6 Porter's Five Forces Analysis
    • 4.6.1 Bargaining Power of Suppliers
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Threat of New Entrants
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By System
    • 5.1.1 Power Generation
    • 5.1.2 Power Distribution
    • 5.1.3 Power Conversion
    • 5.1.4 Energy Storage
  • 5.2 By Component
    • 5.2.1 Generators and Starter-Generators
    • 5.2.2 Power Distribution Units
    • 5.2.3 Converters
    • 5.2.4 Battery Packs and Battery Management System (BMS)
    • 5.2.5 Wiring and Cables
    • 5.2.6 Connectors and Contactors
    • 5.2.7 Power-distribution Software
  • 5.3 By Platform
    • 5.3.1 Commercial Aviation
    • 5.3.1.1 Narrowbody
    • 5.3.1.2 Widebody
    • 5.3.1.3 Regional Jets
    • 5.3.1.4 Freighters
    • 5.3.2 Military Aviation
    • 5.3.2.1 Combat Aircraft
    • 5.3.2.2 Transport Aircraft
    • 5.3.2.3 Unmanned Aerial Vehicles (UAVs)
    • 5.3.2.4 Trainer Aircraft
    • 5.3.3 General Aviation
    • 5.3.3.1 Business Jets
    • 5.3.3.2 Helicopters
    • 5.3.3.3 Electric Vertical Take-Off and Landing (eVTOL)/Advanced Air Mobility (AAM)
  • 5.4 By Application
    • 5.4.1 Power Generation Management
    • 5.4.2 Flight Control and Operation
    • 5.4.3 Cabin System
    • 5.4.4 Configuration Management
    • 5.4.5 Air Pressurization and Conditioning
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 United Kingdom
    • 5.5.2.2 France
    • 5.5.2.3 Germany
    • 5.5.2.4 Italy
    • 5.5.2.5 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, and Recent Developments)
    • 6.4.1 RTX Corporation
    • 6.4.2 Honeywell International Inc.
    • 6.4.3 General Electric Company
    • 6.4.4 Safran S.A.
    • 6.4.5 Thales Group
    • 6.4.6 Amphenol Aerospace
    • 6.4.7 Astronics
    • 6.4.8 Crane Aerospace and Electronics
    • 6.4.9 AMETEK Inc.
    • 6.4.10 Nabtesco Corporation
    • 6.4.11 Hartzell Engine Tech LLC
    • 6.4.12 PBS AEROSPACE Inc.
    • 6.4.13 Acme Aerospace Inc. & Avionic Instruments, LLC
    • 6.4.14 BAE Systems plc
    • 6.4.15 Moog Inc.
    • 6.4.16 Parker-Hannifin Corporation
    • 6.4.17 Rolls-Royce plc
    • 6.4.18 Vicor Corporation

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the aircraft electrical systems market as the value of on-board networks that generate, distribute, convert, and store electrical power on fixed-wing and rotary platforms across commercial, military, and general aviation fleets. The model covers original equipment and retrofit hardware, together with software that manages these subsystems.

Scope exclusion: standalone avionics, cabin entertainment boxes, and ground power units are excluded to avoid double counting.

Segmentation Overview

  • By System
    • Power Generation
    • Power Distribution
    • Power Conversion
    • Energy Storage
  • By Component
    • Generators and Starter-Generators
    • Power Distribution Units
    • Converters
    • Battery Packs and Battery Management System (BMS)
    • Wiring and Cables
    • Connectors and Contactors
    • Power-distribution Software
  • By Platform
    • Commercial Aviation
      • Narrowbody
      • Widebody
      • Regional Jets
      • Freighters
    • Military Aviation
      • Combat Aircraft
      • Transport Aircraft
      • Unmanned Aerial Vehicles (UAVs)
      • Trainer Aircraft
    • General Aviation
      • Business Jets
      • Helicopters
      • Electric Vertical Take-Off and Landing (eVTOL)/Advanced Air Mobility (AAM)
  • By Application
    • Power Generation Management
    • Flight Control and Operation
    • Cabin System
    • Configuration Management
    • Air Pressurization and Conditioning
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • United Kingdom
      • France
      • Germany
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • South America
      • Brazil
      • Rest of South America
    • Middle East and Africa
      • Middle East
        • Saudi Arabia
        • United Arab Emirates
        • Rest of Middle East
      • Africa
        • South Africa
        • Rest of Africa

Detailed Research Methodology and Data Validation

Primary Research

We interviewed airline engineering managers, military program officers, maintenance providers, and tier-one system integrators across North America, Europe, and Asia-Pacific. Their insights clarified typical replacement cycles, battery adoption hurdles, and average selling price progressions, which we then reconciled with desk findings.

Desk Research

We began with open datasets issued by air-safety regulators such as the FAA, EASA, and ICAO, which offer production, fleet, and flight-hour statistics across aircraft categories. Trade groups like IATA and the Aerospace Industries Association publish annual aircraft delivery guides that help us profile platform mix. Patent abstracts accessed through Questel reveal technology migration toward more-electric architectures, while customs dashboards from Volza trace import values for generators, distribution panels, and lithium batteries. Company 10-Ks and investor decks supplement pricing and share shifts. This list is illustrative, and numerous additional sources fed our evidence base.

Mordor analysts also tapped paid repositories, D&B Hoovers for OEM revenue splits and Aviation Week for program backlogs, providing granular cross-checks on unit shipments and retrofit demand.

Market-Sizing & Forecasting

A single top-down build draws on fleet counts, flight hours, and rated electrical content per platform, then reconciles with selective bottom-up supplier roll-ups to adjust anomalies. Key variables include average kVA installed per new aircraft, retrofit penetration rates, lithium-ion pack cost curves, regulatory mandates on bleed-less systems, and platform production schedules. We forecast through 2030 using multivariate regression tied to deliveries, fuel-price trends, and defense procurement plans. Gaps in bottom-up inputs are bridged by channel checks and normalized against historical price erosion curves.

Data Validation & Update Cycle

Outputs pass a two-step analyst peer review, variance thresholds trigger re-runs, and modeled totals are benchmarked against independent traffic and procurement indicators before sign-off. Reports refresh every year, with interim revisions when material events emerge, so clients receive an up-to-date baseline.

Why Mordor's Aircraft Electrical Systems Baseline Inspires Confidence

Published market figures often differ because studies frame system boundaries, inflation treatments, and forecast cadences in distinct ways.

Key gap drivers include whether energy-storage software is counted, the year in which lithium battery cost parity is assumed, and how retrofit activity is allocated between platforms. Mordor's scope aligns with OEM bill-of-materials and uses 2024 constant dollars, while some publishers mix current and nominal values or apply aggressive electrification take-up curves.

Benchmark comparison

Market SizeAnonymized sourcePrimary gap driver
USD 23.13 B (2025) Mordor Intelligence-
USD 22.00 B (2024) Global Consultancy AExcludes aftermarket retrofits and applies older ASPs
USD 26.60 B (2024) Regional Consultancy BCounts wiring harnesses and cabin infotainment power units
USD 41.70 B (2025) Trade Journal CUses aggressive more-electric adoption rate and nominal dollars

The comparison shows that when scope creep or optimistic uptake is removed, Mordor's balanced approach, anchored to verified fleet data and moderated adoption curves, offers executives a dependable decision baseline.

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Key Questions Answered in the Report

What is the projected value of the aircraft electrical systems market in 2031?

The aircraft electrical systems market is forecasted to reach USD 37.07 billion by 2031, growing at a 7.28% CAGR.

Which geographic region is expected to grow fastest through 2031?

Asia-Pacific is projected to post an 8.01% CAGR, the highest among all regions.

Which system segment shows the highest growth potential?

Energy storage systems are expected to expand at a 9.44% CAGR as eVTOL and hybrid-electric programs mature.

How dominant are incumbents in the competitive landscape?

The top five suppliers hold about more than 50% share, reflecting moderate concentration but ongoing space for new entrants.

What certification challenge most affects battery adoption?

Compliance with FAA AC 20-184 thermal-runaway containment tests adds USD 2-4 million per battery design and can delay programs 12-18 months.

Which application area is projected to grow quickest?

Cabin system electrification leads with an 8.56% CAGR, driven by in-seat power, high-definition IFE, and induction-galley retrofits.

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