Stratview Research has published a new report on the Aircraft Electrical Distribution Systems Market, segmented by Product Type (Solid State Power Controllers, Relays, Contactors, Circuit Breakers, and Others), by System Type (Primary Power Distribution System and Secondary Power Distribution System), by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, and UAV), by Fit Type (Original Equipment and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). This report provides critical insights on the market dynamics and enables strategic decision making for the existing and new market players.
Market Highlights
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, whereas, military aircraft registered a relatively less decline. The tremor of this had been felt across the industry verticals including electrical distribution systems, declined over 20% in the year 2020. Overall, in the long run, the aircraft electrical distribution systems market is likely to rebound at a significant CAGR of 8.3% to reach a value of US$ 1.7 Billion by 2026.
Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
To know more about the covid impact on the market, click here:
Segmentation –
This report studies the Aircraft Electrical Distribution Systems Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Aircraft Electrical Distribution Systems Market, by Product Type
Aircraft Electrical Distribution Systems Market, by System Type
Aircraft Electrical Distribution Systems Market, by Aircraft Type
Aircraft Electrical Distribution Systems Market, by Fit Type
Aircraft Electrical Distribution Systems Market, by Region
Key Players:
Following are the key players in the Aircraft Electrical Distribution Systems Market:
About Stratview Research-
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The aircraft electrical distribution systems market is estimated to grow at a healthy CAGR of 8.3%, in the coming five years.