Asia Pacific Aircraft Electrification Market Report

Asia Pacific Aircraft Electrification Market by Technology, by Application, by System, by Component, by Platform, Region, Trends, Competitive Analysis, and Growth Opportunities, Key Insights.
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Executive Summary

Asia-Pacific Aircraft Electrification Market from Consainsights analyses the Asia-Pacific Aircraft Electrification Market in the Aerospace & Defense industry over the forecast period to 2026.

Asia-Pacific Aircraft Electrification research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Asia-Pacific Aircraft Electrification segmentation includes Technology, Application, System, Component, Platform and Geography.

Market analysis on the basis of Technology include More Electric, Hybrid Electric, Fully Electric. This segmentation encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Application, the Asia-Pacific Aircraft Electrification Market analysis covers Power Generation, Power Distribution, Power Conversion, Energy Storage.

Based on the System, the Asia-Pacific Aircraft Electrification Market analysis covers Propulsion Systems, Aircraft Systems.

Based on the Component, the Asia-Pacific Aircraft Electrification Market analysis covers Batteries, Fuel Cells, Solar Cells, Electric Actuators, Electric Pumps, Generators, Motors, Power Electronics, Distribution Devices.

Based on the Platform, the Asia-Pacific Aircraft Electrification Market analysis covers Commercial Aviation, Military Aviation, Business & General Aviation.

Key companies operating in the market include Honeywell International Inc., Safran, Thales Group, United Technologies Corporation, GE Aviation, Raytheon Company, Ametek and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Report Metric

Details

Market size available for years

2017-2026

Base year considered

2020

Forecast period

2021-2026

Forecast units

Value (USD Billion)

Segments covered

Technology, Application, System, Component, Platform

Countries covered

China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific

Companies Covered

Honeywell International Inc., Safran, Thales Group, United Technologies Corporation, GE Aviation, Raytheon Company, Ametek, Meggitt PLC., BAE Systems, Radiant Power Corporation, Eaglepicher Technologies, LLC, Astronics Corporation, Pioneer Magnetics, Esterline Technologies (Transdigm Group), Crane Aerospace & Electronics, Hartzell Engine Technologies, PBS Aerospace, Nabtesco Corporation, Avionic Instruments, LLC, Carlisle Interconnect Technologies

The Asia-Pacific Aircraft Electrification Market is segmented into the following categories:

Asia-Pacific Aircraft Electrification Market by Technology:

    Asia-Pacific Aircraft Electrification Market by Application:

    • Power Generation

    • Power Distribution

    • Power Conversion

    • Energy Storage

    Asia-Pacific Aircraft Electrification Market by System:

    • Propulsion Systems

    • Aircraft Systems

    Asia-Pacific Aircraft Electrification Market by Component:

    • Fuel Cells

    • Solar Cells

    • Electric Actuators

    • Electric Pumps

    • Generators

    • Motors

    • Power Electronics

    • Distribution Devices

    Asia-Pacific Aircraft Electrification Market by Platform:

      Table of Contents

      1. Executive Summary

      2. Asia-Pacific Aircraft Electrification Market Overview

        1. Asia-Pacific Aircraft Electrification Market Definition & Scope
        2. Currency, Year and Forecasts Overview
        3. Asia-Pacific Aircraft Electrification Market 360° Synopsis: Overview
      3. Asia-Pacific Aircraft Electrification Industry Analysis

        1. Industry Value Chain Analysis
        2. Key Companies at each phase of Value Chain
        3. Industry Trend Analysis
      4. Asia-Pacific Aircraft Electrification Market Analysis

        1. Drives, Restraints, Opportunities and Challenges Impact Analysis
        2. Porter’s Five Force Model Analysis
        3. PESTLE Analysis
        4. BPS Analysis
        5. Asia-Pacific Aircraft Electrification Market Key Innovation & Trends
        6. Pricing Patterns (Company & Product Type)
      5. Asia-Pacific Aircraft Electrification Market: Technology

        1. Introduction
        2. More Electric: Market Trends, Size, and Forecast (2017-2026)

          1. More Electric Aircraft Programs, By Category
        3. Hybrid Electric: Market Trends, Size, and Forecast (2017-2026)

          1. Solar Powered
          2. Battery Powered
          3. Fuel Cell Powered
          4. Hybrid Electric Aircraft Programs, By Category
        4. Fully Electric: Market Trends, Size, and Forecast (2017-2026)

          1. Fully Electric Aircraft Programs, By Category
      6. Asia-Pacific Aircraft Electrification Market: Application

        1. Introduction
        2. Power Generation: Market Trends, Size, and Forecast (2017-2026)
        3. Power Distribution: Market Trends, Size, and Forecast (2017-2026)
        4. Power Conversion: Market Trends, Size, and Forecast (2017-2026)
        5. Energy Storage: Market Trends, Size, and Forecast (2017-2026)
      7. Asia-Pacific Aircraft Electrification Market: System

        1. Introduction
        2. Propulsion Systems: Market Trends, Size, and Forecast (2017-2026)
        3. Aircraft Systems: Market Trends, Size, and Forecast (2017-2026)
      8. Asia-Pacific Aircraft Electrification Market: Component

        1. Introduction
        2. Batteries: Market Trends, Size, and Forecast (2017-2026)

          1. Nickel-Based
          2. Lead-Acid-Based
          3. Lithium-Based
        3. Fuel Cells: Market Trends, Size, and Forecast (2017-2026)
        4. Solar Cells: Market Trends, Size, and Forecast (2017-2026)
        5. Electric Actuators: Market Trends, Size, and Forecast (2017-2026)
        6. Electric Pumps: Market Trends, Size, and Forecast (2017-2026)
        7. Generators: Market Trends, Size, and Forecast (2017-2026)
        8. Motors: Market Trends, Size, and Forecast (2017-2026)
        9. Power Electronics: Market Trends, Size, and Forecast (2017-2026)
        10. Distribution Devices: Market Trends, Size, and Forecast (2017-2026)
      9. Asia-Pacific Aircraft Electrification Market: Platform

        1. Introduction
        2. Commercial Aviation: Market Trends, Size, and Forecast (2017-2026)

          1. Narrow Body Aircraft (RTA)
          2. Wide Body Aircraft (Wba)
          3. Regional Transport Aircraft (RTA)
        3. Military Aviation: Market Trends, Size, and Forecast (2017-2026)

          1. Fighter Jets
          2. Multi-Mission Aircraft
          3. Unmanned Aerial Vehicles
        4. Business & General Aviation: Market Trends, Size, and Forecast (2017-2026)

          1. Light Aircraft
          2. Business Jets
          3. Helicopters
          4. Passenger Aerial Vehicles (PAV)
      10. Asia-Pacific Aircraft Electrification Market: Country

        1. Introduction
        2. China: Market Trends, Size, and Forecast (2017-2026)
        3. Japan: Market Trends, Size, and Forecast (2017-2026)
        4. India: Market Trends, Size, and Forecast (2017-2026)
        5. Southeast Asia: Market Trends, Size, and Forecast (2017-2026)
        6. Australia & New Zealand: Market Trends, Size, and Forecast (2017-2026)
        7. Rest of Asia-Pacific: Market Trends, Size, and Forecast (2017-2026)
      11. Asia-Pacific Aircraft Electrification Market: Company Analysis

        1. Introduction
        2. Honeywell International Inc.

          1. Overview
          2. Business Portfolio
          3. Product Portfolio
          4. Key Brands Insights
          5. Company SWOT & Strategic Analysis
          6. Company Financials
          7. Analyst Insights
        3. Safran

        4. Thales Group

        5. United Technologies Corporation

        6. GE Aviation

        7. Raytheon Company

        8. Ametek

        9. Meggitt PLC.

        10. BAE Systems

        11. Radiant Power Corporation

        12. Eaglepicher Technologies, LLC

        13. Astronics Corporation

        14. Pioneer Magnetics

        15. Esterline Technologies (Transdigm Group)

        16. Crane Aerospace & Electronics

        17. Hartzell Engine Technologies

        18. PBS Aerospace

        19. Nabtesco Corporation

        20. Avionic Instruments, LLC

        21. Carlisle Interconnect Technologies

      12. Asia-Pacific Aircraft Electrification Market: Competitive Analysis

        1. Strategic Dashboard of Top Market Players
        2. Companies Deals (Mergers, Partnerships, Acquisitions, JVs)
        3. Expansion Areas (Based on Company Analysis)
        4. Market Share Analysis
      13. Asia-Pacific Aircraft Electrification Market: Distribution Channel Analysis

        1. Distributor Type Analysis
        2. Major Distributors (Key Countries)
        3. Future Growth Prospects
      14. Industry & Analysts Insights for Success

      15. Research Methodology

      16. Appendix

        1. List of Tables
        2. List of Figures
        3. Available Customizations
        4. Related Reports

      List of Figures

      Figure 1: Asia-Pacific Aircraft Electrification Market: Structure

      Figure 2: Asia-Pacific Aircraft Electrification Market: Value Chain Analysis

      Figure 3: Asia-Pacific Aircraft Electrification Market: Porter's Five Forces Model

      Figure 4: Asia-Pacific Aircraft Electrification Market: Market Dynamics

      Figure 5: Asia-Pacific Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Figure 6: Asia-Pacific Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Figure 7: Asia-Pacific Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Figure 8: Asia-Pacific Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Figure 9: Asia-Pacific Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Figure 10: China Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Figure 11: China Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Figure 12: China Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Figure 13: China Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Figure 14: China Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Figure 15: Japan Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Figure 16: Japan Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Figure 17: Japan Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Figure 18: Japan Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Figure 19: Japan Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Figure 20: India Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Figure 21: India Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Figure 22: India Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Figure 23: India Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Figure 24: India Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Figure 25: Southeast Asia Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Figure 26: Southeast Asia Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Figure 27: Southeast Asia Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Figure 28: Southeast Asia Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Figure 29: Southeast Asia Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Figure 30: Australia & New Zealand Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Figure 31: Australia & New Zealand Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Figure 32: Australia & New Zealand Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Figure 33: Australia & New Zealand Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Figure 34: Australia & New Zealand Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Figure 35: Rest of Asia-Pacific Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Figure 36: Rest of Asia-Pacific Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Figure 37: Rest of Asia-Pacific Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Figure 38: Rest of Asia-Pacific Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Figure 39: Rest of Asia-Pacific Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      List of Tables

      Table 1: Asia-Pacific Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Table 2: Asia-Pacific Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Table 3: Asia-Pacific Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Table 4: Asia-Pacific Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Table 5: Asia-Pacific Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Table 6: China Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Table 7: China Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Table 8: China Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Table 9: China Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Table 10: China Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Table 11: Japan Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Table 12: Japan Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Table 13: Japan Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Table 14: Japan Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Table 15: Japan Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Table 16: India Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Table 17: India Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Table 18: India Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Table 19: India Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Table 20: India Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Table 21: Southeast Asia Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Table 22: Southeast Asia Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Table 23: Southeast Asia Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Table 24: Southeast Asia Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Table 25: Southeast Asia Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Table 26: Australia & New Zealand Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Table 27: Australia & New Zealand Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Table 28: Australia & New Zealand Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Table 29: Australia & New Zealand Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Table 30: Australia & New Zealand Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Table 31: Rest of Asia-Pacific Aircraft Electrification Market, By Technology, 2017-2026 (USD Million)

      Table 32: Rest of Asia-Pacific Aircraft Electrification Market, By Application, 2017-2026 (USD Million)

      Table 33: Rest of Asia-Pacific Aircraft Electrification Market, By System, 2017-2026 (USD Million)

      Table 34: Rest of Asia-Pacific Aircraft Electrification Market, By Component, 2017-2026 (USD Million)

      Table 35: Rest of Asia-Pacific Aircraft Electrification Market, By Platform, 2017-2026 (USD Million)

      Research Methodology

      Introduction

      This research study extensively involved secondary and primary data sources. Initially, all the important terms and processes related to the Asia Pacific Aircraft Electrification market were identified. Then, each of these terms was clearly defined and relationships were established among them in the form of parent market, peer markets, and child markets. The entire value-chain was also studied to distinguish various solution and service providers that are operating in the global Asia Pacific Aircraft Electrification market and how the services are being delivered or consumed in every phase of the value chain. The overall objective of this process was to identify the important segments of the Asia Pacific Aircraft Electrification market that meet two important criteria– 1) their revenue is derivable using assumptions and expert opinions 2) their definitions are unique and non-overlapping.

      After defining the market segments, the supply side analysis was carried out where the individual players operating in various segments of the Asia Pacific Aircraft Electrification market were identified and their revenues were analyzed to derive the segmental shares. The derived shares were also validated through an extensive demand side analysis. The below figure depicts different phases of the report production process.

      Phases of the report production process

      Secondary Research

      This research study was initiated with detailed study of information available in the public domain and paid databases. Various secondary sources that were referred during this study include company websites, product descriptions, whitepapers, survey papers, annual reports, investor presentations, press releases, blogs, news, journals, magazines; audit reports, articles published by associations, and paid databases, such as Factiva, D&B Hoovers, and Bloomberg BusinessWeek. The key objective behind secondary research was to obtain information regarding the market evolution, ecosystem, value-chain, total pool of solution and service providers, market segmentation, recent developments, upcoming opportunities and challenges, and various factors that are impacting the market. These data were further validated through primary research.

      Primary Research

      In primary research, various industry experts from both supply and demand side were interviewed to obtain critical information on competitive landscape, vendor shares, value-chain, pricing strategy, and adoption trends. The primary sources include industry experts, such as CXOs, Vice Presidents, Marketing Directors, Technology Directors, and Business Development Managers of companies that are operating in the global Asia Pacific Aircraft Electrification market. Primary research was also conducted to validate the market segmentations, industry trends, market size, future prospects for market growth, and key strategies adopted by the major players to gain leading position in the market.

      Market Size Estimation And Forecasting

      This research study followed two approaches to estimate and forecast the size of global Asia Pacific Aircraft Electrification market and its sub-segments– top-down and bottom-up approach. Important data those were used during this process include list of top players operating in the market, their share in the market, and total pool of solution and service providers. This entire process includes the study of annual and financial reports and extensive interview with industry experts across the value-chain. All important factors that are impacting the market were analyzed and verified through primary research. These data were consolidated and processed through an in-house developed market intelligence engine to derive the final quantitative data.

      Top-Down Approach

      The top-down approach was employed to derive the global Asia Pacific Aircraft Electrification market size through vendor share analysis. More than 40 key players were analyzed and their total contribution in the global market size was found to be around 70%. Thus, remaining 30% was extrapolated to arrive at the global Asia Pacific Aircraft Electrification market size. The regional and country level performance of these top players was also studied to derive the market share for different regions and countries.

      Phases of the report production process

      Bottom-Up Approach

      After the top-down approach, bottom-up approach was employed to derive the share and size for other market segments. Initially, the segmental shares were estimated at the country level. Then, the country- level market numbers were added to derive the regional sizes and finally, by adding the regional sizes, global sizes of all the market segments were calculated.

      Phases of the report production process

      List of Assumptions

      • Market Estimates and Forecasting: The market is estimated and forecasted in the realistic manner, instead of optimistic/aggressive way.
      • Currency: All the revenue-related market numbers are shown in globally accepted currency, USD.
      • Exchange Rates and Currency Conversion: For conversion of other currencies to USD, the average exchange rate for that particular year was used. OANDA website was used for all currency conversions in this market study.
      • Dollar Fluctuation: Dollar fluctuations are assumed to be moderate and will not affect the market forecasts during the forecast period.
      • Global Economic Conditions: The global economic conditions are assumed to be stable enabling the market to grow with similar rate as it’s been growing from last four years.
      • Qualitative to Quantitative Data Conversion: This market study extensively covers numerous factors that are impacting the global Asia Pacific Aircraft Electrification market. In certain cases, direct quantitative data were not available to clearly indicate their influencing power on the market. To handle such cases, a rating mechanism was applied that was purely based on the understanding of the experts involved in the study.