Title: Aircraft Electrical Conversion Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026
1Presents a Research Report on Aircraft
Electrical Conversion Systems Market
The report on the Aircraft Electrical Conversion
Systems Market is segmented By Component
Type (Transformers, AC-DC Converters, and DC-AC
Converters), by Aircraft Type (Commercial
Aircraft, Regional Aircraft, General Aviation,
Helicopter, Military Aircraft, and UAV), and by
Region (North America, Europe, Asia-Pacific, and
Rest of the World).
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2The Aircraft Electrical Conversion Systems Market
Highlights Drivers
- The aviation industry proved to be one of the
biggest victims of the pandemic. However, the
impact of the pandemic varied from aircraft to
aircraft. For instance commercial aircraft
recorded an irreparable loss in the year 2020,
where as, military aircraft registered a
relatively less decline. - The tremor of this had been felt across the
industry verticals including electrical
conversion systems, declined over 20 in the year
2020. Overall, in the long run, the aircraft
electrical conversion systems market is likely
to rebound at a significant CAGR of 7.7 to
reach a value of US 1.1 Billion by 2026.
- Market Insight
- By Component Type
- Based on the component type, the aircraft
electrical conversion systems market is
classified as transformers, AC-DC converters (TRU
ATRU), and DC-AC Converters (inverters). Among
these components, transformer is expected to
remain the largest segment of the market during
the forecast period. AC/DC power converters are a
type of electrical conversion device that
converts the AC to DC. - On the other hand, as a result of their
usage, AC-DC converters are likely to witness the
highest growth in the market during the forecast
period.
3Market Insight Competitive Insights
- By Region
- In terms of regions, North America is likely to
remain the largest market for aircraft electrical
conversion systems during the forecast period,
due to the increasing demand for commercial as
well as military aircraft in the region. - The region is the biggest demand generator for
general aviation, UAVs, military aircraft, and
helicopters and one of the largest generators for
commercial aircraft. This makes the region the
most preferred manufacturing/assembly destination
for aircraft. Asia-Pacific is currently a small
market but is likely to exhibit the highest
growth in the coming years, driven by China,
Japan, and India. - Key Players
- Collins Aerospace (Raytheon Technologies
Corporation) - Crane Aerospace Electronics
- Honeywell International Inc.
- GE Aviation
- Safran Group
- AMETEK.Inc.
- Astronics Corporation
- Thales Group
4Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
5Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
6About Stratview Research
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intelligence firm providing high quality
syndicated reports, custom research and
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