The Aircraft Electrical Systems Market is projected to grow from approximately USD 23.13 billion in 2025 to around USD 32.72 billion by 2030, according to Mordor Intelligence. This reflects a compound annual growth rate (CAGR) of about 7.19% over the forecast period. The rising demand is driven by commercial aviation recovery, military modernization, increasing interest in aircraft electrification, and the shift toward more-electric architectures. The market’s expansion is expected to be strongest in Asia-Pacific, while North America remains the largest market by value.
Key Trends in Aircraft Electrical Systems Market
More-Electric Aircraft (MEA) Architectures Gaining Traction: Adoption of MEA designs is increasing as aircraft manufacturers aim to reduce dependency on hydraulics and pneumatics, lower mechanical complexity, and improve operational efficiency. These architectures are helping airlines reduce fuel burn and maintenance requirements.
Energy Storage Growth & Battery Innovations: The energy storage segment is expected to be one of the fastest-growing parts of the aircraft electrical systems market. Modular battery packs, improved battery management systems (BMS), and emerging chemistries are contributing to high growth in this area.
HVDC and Power Electronics Technologies: High-voltage direct current (HVDC) power distribution systems and silicon-carbide (SiC) power electronics are being more frequently adopted to meet demands for energy density, thermal efficiency, and weight savings.
Retrofits & Cabin Electrification: Retrofit upgrades, especially for cabin systems such as in-seat power, galley electrification, and lighting, are adding to market growth. Airlines are looking to modernize existing fleets without waiting for new aircraft deliveries.
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Market Segmentation
By System
• Power Generation
• Power Distribution (largest share by revenue in recent years)
• Power Conversion
• Energy Storage
By Platform
• Commercial Aviation (dominant by value)
• Military Aviation
• General / Business Aviation
By Application
• Power Generation Management
• Cabin Systems (electrification, in-seat power, etc.)
• Flight Control & Operation
• Air Pressurization & Conditioning
• Other system support functions
By Region/Geography:
• North America (largest share)
• Europe
• Asia-Pacific (fastest growing region)
• Rest of World (including Middle East & Africa, Latin America)
Key Players in Aircraft Electrical Systems Market
RTX Corporation
RTX Corporation, formerly Raytheon Technologies, is a major aerospace and defense company with a strong presence in electrical systems through its Collins Aerospace division. The company provides advanced avionics, power distribution units, and electric actuation systems that are widely used in commercial and defense aircraft. RTX is also investing in the development of hybrid-electric and more-electric aircraft technologies, aligning with the industry’s move toward sustainable aviation.
Honeywell International Inc.
Honeywell International is a diversified technology company with a significant aerospace division. It plays a key role in providing aircraft electrical systems such as power conversion units, power management systems, and electrical wiring solutions. Honeywell is actively involved in research for electric and hybrid aircraft, supporting the shift to more efficient and sustainable aviation platforms. The company has also collaborated on electric taxiing systems and continues to expand its footprint in electrification technologies.
General Electric Company (GE)
GE Aviation is a long-standing leader in the aerospace industry, known for its engines and electrical power systems. The company provides integrated solutions including generators, converters, and power management units for both commercial and defense aircraft. GE is actively engaged in hybrid-electric propulsion projects, leveraging its expertise in both electrical systems and propulsion technologies. Its focus on integration and efficiency makes it a key supplier in advancing next-generation aircraft systems.
Thales Group
Thales Group is a French multinational company with expertise in aerospace, defense, and security. In the aircraft electrical systems market, Thales is known for its avionics, electrical distribution solutions, and modular control systems. The company emphasizes system integration and digital technologies, offering scalable electrical solutions for different types of aircraft. Its innovation in electrical and electronic architectures has positioned it as an important contributor to the shift toward more electric aircraft designs.
Conclusion
The Aircraft Electrical Systems Market is set for robust growth through 2030, underpinned by multiple interlocking trends: the shift toward more-electric aircraft architectures, growth in energy storage technology, and pressure to reduce fuel burn, weight, and maintenance costs. Key segments such as power distribution and energy storage will drive much of the incremental value, with Asia-Pacific emerging as the fastest growing region, though North America remains the largest market overall. For stakeholders—from airframers to component suppliers—the ability to integrate new technologies like HVDC, advanced power electronics, and modular battery systems, while navigating certification and supply-chain challenges, will be essential to securing Aircraft Electrical Systems Market share.
Industry Related Reports
More Electric Aircraft Market: The More Electric Aircraft Market Report covers segmentation by Aircraft Type (Commercial Aviation, Military Aviation, and others), Platform (Fixed Wing and Rotary Wing), System (Power Generation and Management, Actuation System, Thermal Management System, and others), End-User (OEM and Aftermarket), and Geography (North America, Europe, Asia-Pacific, and others). The market forecasts are presented in terms of value (USD).
Commercial Aircraft In-seat Power System Market: The Commercial Aircraft In-Seat Power System Market Report is segmented by Seating Class (Economy, Premium Economy, Business, and First Class), Mode of Sales (OEM and Aftermarket), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The report provides five years of historical data along with five-year market forecasts.
Aircraft Battery Market: The Aircraft Battery Market Report is segmented by Battery Type (Lead Acid and others), Application (Propulsion and others), Aircraft Technology (Traditional and others), Aircraft Type (Fixed-Wing, Rotary Wing, and others), Power Density (Below 100Wh/Kg and others), End-User (Original Equipment Manufacturer (OEM) and others), and Geography (North America, Europe, and others). The market forecasts are presented in terms of value (USD).
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