Aircraft Electrical Generation Systems Market Analysis (2025-2032)

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Aircraft Electrical Generation Systems Market

• The annual demand for aircraft electrical generation systems was USD 885.2 million in 2024 and is expected to reach USD 975.8 million in 2025, up 8.3% than the value in 2024.
• During the forecast period (2025 to 2032), the aircraft electrical generation systems market is expected to grow at a CAGR of 2.6%. The annual demand will reach of USD 1,169.0 million in 2032.
• During 2025-2032, the aircraft electrical generation systems industry is expected to generate a cumulative sales opportunity of USD 8896.20 million.

High-Growth Market Segments:

• North America is expected to remain the largest market for aircraft electrical generation systems. 
• By System type, Main Generator is anticipated to remain the dominant segment of the market.
• By Aircraft type, Commercial Aircraft is expected to be the fastest-growing segment of the market during the forecast period.
• By Fit type, Original Equipment is expected to remain at the forefront throughout the study period.

Market Statistics

Have a look at the sales opportunities presented by the aircraft electrical generation systems market in terms of growth and market forecast.

Market Dynamics

Introduction:

What are the aircraft electrical generation systems?

Aircraft electrical generation systems are responsible for producing the electrical power required to operate an aircraft’s onboard systems, including avionics, lighting, navigation, communication, and environmental controls. These systems ensure a continuous and reliable supply of electricity throughout the flight, regardless of engine speed or operating conditions.

In most modern aircraft, electrical power is generated by engine-driven generators or alternators, which convert mechanical energy from the aircraft’s engines into electrical energy. The main types of generators used are AC (alternating current) and DC (direct current) generators. Large commercial and military aircraft generally rely on AC systems, as they can efficiently handle high power demands, while smaller aircraft often use DC systems. To ensure redundancy and safety, multiple generators are installed so that if one fails, others can supply power.

Market Drivers:

Growth in the Narrow-Body Aircraft Segment
The rising production and deliveries of narrow-body aircraft are significantly driving the demand for aircraft electrical generation systems. Leading aircraft manufacturers such as Airbus and Boeing are ramping up the production of models like the A320neo and B737 MAX to meet the growing demand for fuel-efficient short- to medium-haul aircraft. These aircraft are increasingly adopting advanced electrical systems to enhance operational efficiency, reduce maintenance costs, and support more electric architectures. As airlines continue to modernize their fleets and expand low-cost carrier networks, the demand for efficient electrical generation systems capable of powering sophisticated avionics, cabin systems, and flight control electronics is expected to surge.

Developments of Advanced Battery Systems
Technological advancements in electric power generation, particularly in advanced battery and hybrid-electric systems, are reshaping the aircraft electrical generation landscape. The aviation industry’s shift toward sustainable operations and the “More Electric Aircraft” (MEA) concept is encouraging the integration of next-generation power sources that offer higher energy density, lower emissions, and improved reliability. Advanced battery systems are being developed to support auxiliary and emergency power functions, while also enabling electric taxiing and partial propulsion in hybrid-electric aircraft. These innovations are driving OEMs and system suppliers to design more efficient and lightweight electrical generation systems, thereby accelerating market growth.

Segment Analysis

By System Type

• The aircraft electrical generation systems market is segmented into main generators, auxiliary power unit generators, and emergency power unit generators. The main power generator is the principal electrical power source in an aircraft during normal flight conditions. It is expected to remain the dominant segment of the market, and it held a revenue share of more than 60% in 2021.
• The main power generator can be based on either AC or DC, with AC likely to remain dominant throughout the forecast period, as it is easier to maintain for power distribution and transmission purposes. In addition, AC power transmission is quite economical compared to DC transmission.

By Fit Type

• The market is segmented into original equipment and aftermarket. Original equipment occupied a major market share of more than 70% in 2021 and is expected to maintain its leading position during the forecast period as well.

By Aircraft Type

• The market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, and UAV. Among these aircraft types, commercial aircraft is expected to be the fastest-growing segment of the market, and it held a revenue share of more than 50% in 2021. Commercial aircraft registered an enormous decline in the year 2020, factored by the struggling industry paired with the pandemic’s impact.
• Now, it is anticipated that the aircraft type will mark excellent growth to heal up the losses endured during 2020, leading to extraordinary growth in the near future. Upcoming aircraft programs, such as C919 and MC-21, are likely to give additional impetus to the demand for electrical generation systems in the coming years.

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Regional Analysis

• North America is expected to remain the largest market for aircraft electrical generation systems, and it held a revenue share of more than 45% in 2021. This region is home to a large number of aircraft industry stakeholders. Most of the major players are either headquartered in the region or have a manufacturing base in the region to serve the huge demand.
• Europe, on the other hand, is the second-largest market after North America. The region is the home of Airbus stakeholders. Airbus has already revealed its plans for rapidly increasing the production rates of its key aircraft programs in the near future, asserting the entire region’s recovery trajectory in the near future.
• Asia-Pacific remains the hotspot of the aerospace industry for all the systems/components. All the leading OEMs and tier players have already moved into some of the preferred locations, especially in China, India, and Japan, for the manufacturing/assembly of parts/systems/aircraft. Furthermore, huge efforts exerted by Chinese, Indian, and Japanese conglomerates in the development of aircraft indigenously further boost the demand for electrical generation systems in the coming years.
   

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Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the aircraft electrical generation systems market -  

• Collins Aerospace (Raytheon Technologies Corporation)
• Safran Group
• Honeywell International Inc.
• GE Aviation
• Thales Group
• Skurka Aerospace, Inc
• AMETEK.Inc.
• Meggitt PLC
• Astronics Corporation

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for 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, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The aircraft electrical generation systems market is segmented into the following categories. 

By System Type

• Main Generators
• Auxiliary Power Generators
• Emergency Power Unit Generators

By Fit Type

• Original Equipment
• Aftermarket

By Aircraft Type

• Commercial Aircraft
• Regional Aircraft
• General Aviation
• Helicopter
• Military Aircraft
• UAV

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, Italy, and Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

Research Methodology

• This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Aircraft Electrical Generation Systems market realities and future market possibilities for the forecast period. 
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

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