Aircraft Electrification Market Size, Share & Forecast by 2034

Aircraft Electrification Market Overview for 2024 to 2034

The aircraft electrification market is estimated to be valued at US$ 9.3 billion in 2024. During the period from 2024 to 2034, the market is expected to progress at an astounding CAGR of 14.9%. By 2034, the market is anticipated to reach a value of US$ 37.2 billion.

Aircraft Electrification Market Analysis

Aircraft come under scrutiny for the impact they have on the environment due to fuel transmissions, and thus, aircraft carriers are moving towards electrification at a rapid rate.
Electrification is replacing costly equipment in aircraft with cost-effective electrical components, thus enabling aircraft companies to save on installation and maintenance costs.
Noise pollution is a customary complaint with aircraft, due to which the demand for electrification is rising.
While certain aircraft have embraced electrification by becoming fully electrified, others are using hybrids of electric and traditional mechanical systems.
With increasing regulatory pressure, electrification is coming on board as a way to meet sustainability standards laid out by various governments.

Attributes	Details
Aircraft Electrification Market Value, 2024	US$ 9.3 billion
Projected Market Value, 2034	US$ 37.2 billion
Value-based CAGR, 2024 to 2034	14.9%

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Aircraft Electrification Market Trends

Lithium-ion batteries are helping the electrification process in aircraft, proving more efficient to them. Research is being conducted to improve the performance of batteries even further.
Aircraft are being deployed to aid in humanitarian needs, and electrified aircraft with their smaller sizes and low operational costs are becoming a popular choice for that purpose.
Electrification is extending to aircraft used by militaries, with an increasing number of army tests for the viability of electrified military aircraft.
Electric systems in aircraft are the subject of constant innovation, with equipment like electrical actuators and flight control systems undergoing regular upgrades. Thus, the demand in the aircraft electrification market is dynamic.
Electrification of aircraft is becoming popular as an option for short-distance flights, saving fuel and mechanical system operation costs for airlines.
Commercial aircraft models with electrical systems are also moving toward electrification as a way to save costs and minimize environmental impact.
Improper airport infrastructure also affects the smooth operation of aircraft electrification. Issues such as a lack of charging points can adversely affect the market’s growth. The risk of electrical systems failing mid-flight is also expected to restrain the market.
Startups and small-scale companies, along with publicly-funded research, are making giant strides in the electrification process of aircraft.

Comparative View of Adjacent Markets

Apart from the aircraft electrification market, an in-depth analysis has been done on two other related markets. These markets are the aircraft generator market and the aircraft exterior lighting market.

The acceptance of electric systems into aircraft is clearing the runway for the adaption of generators into aircraft. The drive to lessen the carbon footprint of aircraft is also aiding the purpose of aircraft generators.

The essentialness of exterior aircraft lighting ensures the demand in the market is ever-growing. Manufacturers’ drive to increase the safety as well as the functional capabilities of lights is also leading the expansion of the aircraft exterior lighting market.

Aircraft Electrification Market:

Attributes	Aircraft Electrification Market
Value-based CAGR (2024 to 2034)	14.9%
Projected Market Value (2034)	US$ 37.2 billion
Market Trends	Use of lithium-ion batteries Use of electrified aircraft for short ranges
Restraint	Lack of infrastructure for successful operation of electrical flights
Growth Factors	Aversion toward harmful environmental impacts of traditional flights Electrified aircraft’s quiet properties make them attractive to people

Aircraft Generator Market:

Attributes	Aircraft Generator Market
Value-based CAGR (2024 to 2034)	7.5%
Market Trend	Use of turbo generators in aircraft is increasing
Restraint	Generators weighing more than alternators cutting demand
Growth Factor	Adoption of generators into defense industry aircraft

Aircraft Exterior Lighting Market:

Attributes	Aircraft Exterior Lighting Market
Value-based CAGR (2024 to 2034)	6.6%
Market Trend	Lighting strike sensors as part of aircraft exterior lighting
Restraint	High repairing costs
Growth Factor	Fitting of exterior lights into existing fleets

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Category-wise Outlook

Batteries are the predominant product in demand when it comes to the adoption of electrification on-board aircraft. Power generation is the foremost purpose of electrification in aircraft.

All-around Function of Batteries Make Them Essential in Aircraft

Attributes	Details
Top Component	Batteries
CAGR (2024 to 2034)	14.7%

Sales of batteries for aircraft electrification are expected to advance at a CAGR of 14.7% over the forecast period. Some of the factors influencing the progress of the segment in the market are:

Batteries play a key role in important aircraft functions like emergency power and fault clearing. Thus, batteries are essential to the working of aircraft and are the most in-demand among electrical components.
Manufacturers of batteries are improving the capability of the product to aid their further integration into aircraft. Lithium-ion batteries are one such example of batteries that are providing even more effectiveness to aircraft.

Aircraft Electrification for Power Generation

Attributes	Details
Top Application	Power Generation
CAGR (2024 to 2034)	14.5%

The power generation segment is expected to progress at a CAGR of 14.5% over the forecast period. Some of the reasons for the progress of the power generation use of electrification are:

With increasing concerns about the fuel used in aircraft for power generation, electric generators and alternators are increasingly being used for power generation.
Increasing efficiency of generators and alternators is endearing electrification as a source of power generation to aircraft companies.

Country-Wise Analysis

Asia Pacific has emerged as a lucrative region in the market. With the increasing number of airlines popping up in the region, the need for cargo is rising, driving the growth of the market.

Technological advancements, both in general and in aircraft, are helping the adoption of electrical systems in aircraft in Europe and North America. The economically-developed regions have a prominent presence of market giants who invest heavily in research and testing.

Countries	CAGR (2024 to 2034)
United States	15.2%
United Kingdom	16.0%
China	15.6%
Japan	16.5%
South Korea	17.0%

Companies Focusing on Providing Fully Electric Flights in South Korea

The CAGR of the market in South Korea is anticipated to be 17.0% over the forecast period. Some of the factors influencing the extraordinary growth are:

Companies in South Korea have taken the electrification route to heart and have grand plans for wholly electric aircraft. For example, South Korean startup Toff Mobility has set a goal of running wholly electrical flights for both passengers and cargo.
Looking to curb greenhouse emissions, the government in South Korea has encouraged alternatives to traditional fuel in aircraft. Thus, the electrification of aircraft is being boosted in the country.

Private and Public Investments Aiding the Cause of Aircraft Electrification in Japan

The market in Japan is expected to register a CAGR of 16.5% over the forecast period. Some of the factors leading to the growth of the market in Japan are:

Both private and public players are making heavy investments in the aircraft electrification market in Japan, allowing for more research projects. For example, in October 2023, the Japanese government made plans to donate US$ 205 million for research in aircraft electrification.
The feasibility of hybrid electric aircraft is being investigated in Japan. For example, Japan Airlines is doing a study of hydrogen-electric aviation.

Chinese Enterprises Focusing on the Development of Battery-Operated Aircraft

The market in China is expected to grow at a CAGR of 15.6% through 2034. Some of the factors responsible for the growth of the market are:

Enterprises in the country are planning to launch even more successful aircraft with electrification.
Electric aircraft are being developed in China to deal with the increasing passenger load of airlines. With the rise in the number of middle-class people in the country, more people are able to afford airline travel, and thus, the passenger load in China is increasing.

Research from All Corners Helping the Market in the United Kingdom

The market in the United Kingdom is expected to progress at a CAGR of 16.0% through 2034. Some factors influencing the market’s progress are:

In the United Kingdom, in addition to airline carriers themselves, research is also being undertaken from the ground level. For example, Cranfield University tested and successfully implemented an all-electric flight in the country.
Electrification of aircraft is an objective of several companies and collaborators operating in the United Kingdom. For example, 2ZERO (Towards Zero Emission In Regional Aircraft Operations), a project to develop short-range electric aircraft, includes collaborators like Rolls-Royce Electrical, Nottingham University, and Cornwall Airport.

Electric Passenger Aircraft Becoming Closer to Reality in the United States

The market is expected to register a CAGR of 15.2% in the United States. Some factors influencing the growth of the market are:

Electric passenger flights are no longer a pipedream for aircraft carriers in the United States. For example, United Airlines aims to make electric passenger flights available by 2028.
Startup culture for airline electrification is prevalent in the United States. These startups, like ZeroAvia, are shocking the aircraft electrification market, bringing fresh ideas to the table.

Competitive Landscape in the Aircraft Electrification Market

The airline electrification industry is fairly fragmented. Multinational giants with the capability to operate a large fleet compete with startups and small-scale airlines focused on innovation. Public aviation enterprises also have a vested interest in the market.

Research and development remain a prime concern for market players. Collaborative strategies are being practiced by enterprises in the market in a bid to combine the prowess of two entities and accelerate the development process.

Recent Developments in the Aircraft Electrification Market

In January 2024, it was announced that Joby Aviation had entered into a partnership agreement with Atlantic Aviation to electrify the aviation structure of the former.
In January 2024, Surf Air Mobility agreed on a deal with two Kenyan enterprises, Safarilink and Yellow Wings, to outfit their Cessna Grand Caravans with electric powertrains.
In November 2022, United Airlines announced an investment in Natron Energy, a battery manufacturer for aircraft.
In June 2019, it was announced that Rolls-Royce finalized an agreement to acquire the electric and hybrid-electric operations of Siemens. Using the acquisition, Rolls-Royce accelerated its grand plans for cleaner electric power generation.

Key Companies in the Aircraft Electrification Market

Honeywell International Inc.
Astronics Corporation
Meggitt plc
BAE Systems
Collins Aerospace
Rolls-Royce plc
Ametek, Inc.

Market Segmentation

By Component:

Batteries
Fuel Cells
Electric Actuators
Generators
Motors
Power Electronics
Distribution Devices
Others

By Application:

Power Generation
Power Distribution
Power Conversion
Energy Storage

By Phase:

More Electric
Hybrid Electric
Fully Electric

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)

Frequently Asked Questions

How Big is the Aircraft Electrification Market in 2024?

The size of the aircraft electrification market is estimated to be US$ 9.3 billion in 2024.

At What Rate is the Aircraft Electrification Market Expected to Grow?

The market is expected to increase at a CAGR of 14.9% over the forecast period.

What is the Scope of Aircraft Electrification in the United States?

The market in the United States is expected to register a CAGR of 15.2% from 2024 to 2034.

What is the Expected Valuation of the Aircraft Electrification Market?

The aircraft electrification market is forecasted to reach a value of US$ 37.2 billion by 2034.

What are the Key Trends in the Aircraft Electrification Industry?

Lithium-ion batteries and electrified aircraft developed for short distances are two of the key trends in the aircraft electrification industry.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Component

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Component, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Component, 2024 to 2034

        5.3.1. Batteries

        5.3.2. Fuel Cells

        5.3.3. Electric Actuators

        5.3.4. Generators

        5.3.5. Motors

        5.3.6. Power Electronics

        5.3.7. Distribution Devices

        5.3.8. Others

    5.4. Y-o-Y Growth Trend Analysis By Component, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Component, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2024 to 2034

        6.3.1. Power Generation

        6.3.2. Power Distribution

        6.3.3. Power Conversion

        6.3.4. Energy Storage

    6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2019 to 2023

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2024 to 2034

        7.3.1. More Electric

        7.3.2. Hybrid Electric

        7.3.3. Fully Electric

    7.4. Y-o-Y Growth Trend Analysis By Technology, 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By Technology, 2024 to 2034

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023

    8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Western Europe

        8.3.4. Eastern Europe

        8.3.5. South Asia and Pacific

        8.3.6. East Asia

        8.3.7. Middle East and Africa

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        9.2.1. By Country

            9.2.1.1. USA

            9.2.1.2. Canada

        9.2.2. By Component

        9.2.3. By Application

        9.2.4. By Technology

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Component

        9.3.3. By Application

        9.3.4. By Technology

    9.4. Key Takeaways

10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Component

        10.2.3. By Application

        10.2.4. By Technology

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Component

        10.3.3. By Application

        10.3.4. By Technology

    10.4. Key Takeaways

11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. UK

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Western Europe

        11.2.2. By Component

        11.2.3. By Application

        11.2.4. By Technology

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Component

        11.3.3. By Application

        11.3.4. By Technology

    11.4. Key Takeaways

12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Country

            12.2.1.1. Poland

            12.2.1.2. Russia

            12.2.1.3. Czech Republic

            12.2.1.4. Romania

            12.2.1.5. Rest of Eastern Europe

        12.2.2. By Component

        12.2.3. By Application

        12.2.4. By Technology

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Component

        12.3.3. By Application

        12.3.4. By Technology

    12.4. Key Takeaways

13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Country

            13.2.1.1. India

            13.2.1.2. Bangladesh

            13.2.1.3. Australia

            13.2.1.4. New Zealand

            13.2.1.5. Rest of South Asia and Pacific

        13.2.2. By Component

        13.2.3. By Application

        13.2.4. By Technology

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Component

        13.3.3. By Application

        13.3.4. By Technology

    13.4. Key Takeaways

14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Country

            14.2.1.1. China

            14.2.1.2. Japan

            14.2.1.3. South Korea

        14.2.2. By Component

        14.2.3. By Application

        14.2.4. By Technology

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Component

        14.3.3. By Application

        14.3.4. By Technology

    14.4. Key Takeaways

15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023

    15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034

        15.2.1. By Country

            15.2.1.1. GCC Countries

            15.2.1.2. South Africa

            15.2.1.3. Israel

            15.2.1.4. Rest of MEA

        15.2.2. By Component

        15.2.3. By Application

        15.2.4. By Technology

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Component

        15.3.3. By Application

        15.3.4. By Technology

    15.4. Key Takeaways

16. Key Countries Market Analysis

    16.1. USA

        16.1.1. Pricing Analysis

        16.1.2. Market Share Analysis, 2023

            16.1.2.1. By Component

            16.1.2.2. By Application

            16.1.2.3. By Technology

    16.2. Canada

        16.2.1. Pricing Analysis

        16.2.2. Market Share Analysis, 2023

            16.2.2.1. By Component

            16.2.2.2. By Application

            16.2.2.3. By Technology

    16.3. Brazil

        16.3.1. Pricing Analysis

        16.3.2. Market Share Analysis, 2023

            16.3.2.1. By Component

            16.3.2.2. By Application

            16.3.2.3. By Technology

    16.4. Mexico

        16.4.1. Pricing Analysis

        16.4.2. Market Share Analysis, 2023

            16.4.2.1. By Component

            16.4.2.2. By Application

            16.4.2.3. By Technology

    16.5. Germany

        16.5.1. Pricing Analysis

        16.5.2. Market Share Analysis, 2023

            16.5.2.1. By Component

            16.5.2.2. By Application

            16.5.2.3. By Technology

    16.6. UK

        16.6.1. Pricing Analysis

        16.6.2. Market Share Analysis, 2023

            16.6.2.1. By Component

            16.6.2.2. By Application

            16.6.2.3. By Technology

    16.7. France

        16.7.1. Pricing Analysis

        16.7.2. Market Share Analysis, 2023

            16.7.2.1. By Component

            16.7.2.2. By Application

            16.7.2.3. By Technology

    16.8. Spain

        16.8.1. Pricing Analysis

        16.8.2. Market Share Analysis, 2023

            16.8.2.1. By Component

            16.8.2.2. By Application

            16.8.2.3. By Technology

    16.9. Italy

        16.9.1. Pricing Analysis

        16.9.2. Market Share Analysis, 2023

            16.9.2.1. By Component

            16.9.2.2. By Application

            16.9.2.3. By Technology

    16.10. Poland

        16.10.1. Pricing Analysis

        16.10.2. Market Share Analysis, 2023

            16.10.2.1. By Component

            16.10.2.2. By Application

            16.10.2.3. By Technology

    16.11. Russia

        16.11.1. Pricing Analysis

        16.11.2. Market Share Analysis, 2023

            16.11.2.1. By Component

            16.11.2.2. By Application

            16.11.2.3. By Technology

    16.12. Czech Republic

        16.12.1. Pricing Analysis

        16.12.2. Market Share Analysis, 2023

            16.12.2.1. By Component

            16.12.2.2. By Application

            16.12.2.3. By Technology

    16.13. Romania

        16.13.1. Pricing Analysis

        16.13.2. Market Share Analysis, 2023

            16.13.2.1. By Component

            16.13.2.2. By Application

            16.13.2.3. By Technology

    16.14. India

        16.14.1. Pricing Analysis

        16.14.2. Market Share Analysis, 2023

            16.14.2.1. By Component

            16.14.2.2. By Application

            16.14.2.3. By Technology

    16.15. Bangladesh

        16.15.1. Pricing Analysis

        16.15.2. Market Share Analysis, 2023

            16.15.2.1. By Component

            16.15.2.2. By Application

            16.15.2.3. By Technology

    16.16. Australia

        16.16.1. Pricing Analysis

        16.16.2. Market Share Analysis, 2023

            16.16.2.1. By Component

            16.16.2.2. By Application

            16.16.2.3. By Technology

    16.17. New Zealand

        16.17.1. Pricing Analysis

        16.17.2. Market Share Analysis, 2023

            16.17.2.1. By Component

            16.17.2.2. By Application

            16.17.2.3. By Technology

    16.18. China

        16.18.1. Pricing Analysis

        16.18.2. Market Share Analysis, 2023

            16.18.2.1. By Component

            16.18.2.2. By Application

            16.18.2.3. By Technology

    16.19. Japan

        16.19.1. Pricing Analysis

        16.19.2. Market Share Analysis, 2023

            16.19.2.1. By Component

            16.19.2.2. By Application

            16.19.2.3. By Technology

    16.20. South Korea

        16.20.1. Pricing Analysis

        16.20.2. Market Share Analysis, 2023

            16.20.2.1. By Component

            16.20.2.2. By Application

            16.20.2.3. By Technology

    16.21. GCC Countries

        16.21.1. Pricing Analysis

        16.21.2. Market Share Analysis, 2023

            16.21.2.1. By Component

            16.21.2.2. By Application

            16.21.2.3. By Technology

    16.22. South Africa

        16.22.1. Pricing Analysis

        16.22.2. Market Share Analysis, 2023

            16.22.2.1. By Component

            16.22.2.2. By Application

            16.22.2.3. By Technology

    16.23. Israel

        16.23.1. Pricing Analysis

        16.23.2. Market Share Analysis, 2023

            16.23.2.1. By Component

            16.23.2.2. By Application

            16.23.2.3. By Technology

17. Market Structure Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Market Share Analysis of Top Players

        17.3.1. By Regional

        17.3.2. By Component

        17.3.3. By Application

        17.3.4. By Technology

18. Competition Analysis

    18.1. Competition Deep Dive

        18.1.1. Honeywell International Inc

            18.1.1.1. Overview

            18.1.1.2. Product Portfolio

            18.1.1.3. Profitability by Market Segments

            18.1.1.4. Sales Footprint

            18.1.1.5. Strategy Overview

                18.1.1.5.1. Marketing Strategy

                18.1.1.5.2. Product Strategy

                18.1.1.5.3. Channel Strategy

        18.1.2. Astronics Corporation

            18.1.2.1. Overview

            18.1.2.2. Product Portfolio

            18.1.2.3. Profitability by Market Segments

            18.1.2.4. Sales Footprint

            18.1.2.5. Strategy Overview

                18.1.2.5.1. Marketing Strategy

                18.1.2.5.2. Product Strategy

                18.1.2.5.3. Channel Strategy

        18.1.3. Meggitt plc

            18.1.3.1. Overview

            18.1.3.2. Product Portfolio

            18.1.3.3. Profitability by Market Segments

            18.1.3.4. Sales Footprint

            18.1.3.5. Strategy Overview

                18.1.3.5.1. Marketing Strategy

                18.1.3.5.2. Product Strategy

                18.1.3.5.3. Channel Strategy

        18.1.4. BAE Systems

            18.1.4.1. Overview

            18.1.4.2. Product Portfolio

            18.1.4.3. Profitability by Market Segments

            18.1.4.4. Sales Footprint

            18.1.4.5. Strategy Overview

                18.1.4.5.1. Marketing Strategy

                18.1.4.5.2. Product Strategy

                18.1.4.5.3. Channel Strategy

        18.1.5. Collins Aerospace

            18.1.5.1. Overview

            18.1.5.2. Product Portfolio

            18.1.5.3. Profitability by Market Segments

            18.1.5.4. Sales Footprint

            18.1.5.5. Strategy Overview

                18.1.5.5.1. Marketing Strategy

                18.1.5.5.2. Product Strategy

                18.1.5.5.3. Channel Strategy

        18.1.6. Rolls-Royce plc

            18.1.6.1. Overview

            18.1.6.2. Product Portfolio

            18.1.6.3. Profitability by Market Segments

            18.1.6.4. Sales Footprint

            18.1.6.5. Strategy Overview

                18.1.6.5.1. Marketing Strategy

                18.1.6.5.2. Product Strategy

                18.1.6.5.3. Channel Strategy

        18.1.7. Ametek.Inc

            18.1.7.1. Overview

            18.1.7.2. Product Portfolio

            18.1.7.3. Profitability by Market Segments

            18.1.7.4. Sales Footprint

            18.1.7.5. Strategy Overview

                18.1.7.5.1. Marketing Strategy

                18.1.7.5.2. Product Strategy

                18.1.7.5.3. Channel Strategy

        18.1.8. Thales Group

            18.1.8.1. Overview

            18.1.8.2. Product Portfolio

            18.1.8.3. Profitability by Market Segments

            18.1.8.4. Sales Footprint

            18.1.8.5. Strategy Overview

                18.1.8.5.1. Marketing Strategy

                18.1.8.5.2. Product Strategy

                18.1.8.5.3. Channel Strategy

        18.1.9. Safran S.A

            18.1.9.1. Overview

            18.1.9.2. Product Portfolio

            18.1.9.3. Profitability by Market Segments

            18.1.9.4. Sales Footprint

            18.1.9.5. Strategy Overview

                18.1.9.5.1. Marketing Strategy

                18.1.9.5.2. Product Strategy

                18.1.9.5.3. Channel Strategy

        18.1.10. MagniX

            18.1.10.1. Overview

            18.1.10.2. Product Portfolio

            18.1.10.3. Profitability by Market Segments

            18.1.10.4. Sales Footprint

            18.1.10.5. Strategy Overview

                18.1.10.5.1. Marketing Strategy

                18.1.10.5.2. Product Strategy

                18.1.10.5.3. Channel Strategy

19. Assumptions & Acronyms Used

20. Research Methodology

Aircraft Electrification Market

Aircraft Electrification Market Forecast by Batteries and Fuel Cells from 2024 to 2034