Global Commercial Aircraft Electrical and Environmental Systems Market 2015-2019
About Aircraft Electrical and Environmental Systems
Aircraft electrical systems generate, regulate, and distribute power throughout the aircraft. The system consists of power sources (batteries and generators), components (control devices, conversion devices, and protection devices), and power distribution systems (busbar systems, and wires and cables). Motors, lighting systems, heating systems, and avionics are the primary electrical loads in an aircraft. Meanwhile, ECS is vital for maintaining a safe and comfortable environment in the cabin of an aircraft. The main functions of ECS are maintaining optimal cabin pressure, supplying oxygen, and maintaining a comfortable level of humidity and temperature. It also maintains the circulation of air in cabins, replacing it every two to three minutes.
Technavio's analysts forecast the global commercial aircraft electrical and environmental systems market to grow at a CAGR of 6.43% over the period 2014-2019.
Covered in this Report
This report covers the current scenario and growth prospects of the global commercial aircraft electrical and environmental systems market for the period 2015-2019. It provides a global overview and growth prospects by regions (the Americas, EMEA, and APAC). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. Also, it discusses the major drivers influencing the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Technavio's report, Global Commercial Aircraft Electrical and Environmental Systems Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC. The report also includes a discussion of the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global Commercial Aircraft Electrical and Environmental Systems Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Commercial Aircraft Electrical and Environmental Systems Market 2015-2019: Fairchild Controls, Honeywell International, Liebherr Group, Thales and United Technologies
Other Prominent Vendors in the market are: Aero Space Controls, Hartzell Aerospace, Hutchinson, Kapco Global, Nord Micro and Senior Aerospace
Commenting on the report, an analyst from Technavio’s team said: “The growing availability of e-platforms for aftermarket parts has somewhat eased the availability of aircraft parts and systems. The e-platform also benefits suppliers as it serves as a way to extend market reach and boost sales.”
According to the report, the shift toward the concept of the More Electric Aircraft is one of the major drivers of the market. 'More Electric Aircraft' aims to increase the use of electrical systems and components while reducing reliance on mechanical, hydraulic, and pneumatic systems.
Further, the report states that the imposition of high customs and taxes on aircraft spare parts is a hindrance to market growth.
Fairchild Controls, Honeywell International, Liebherr Group, Thales, United Technologies, Aero Space Controls, Hartzell Aerospace, Hutchinson, Kapco Global, Nord Micro, Senior Aerospace
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