| |
The replacement of existing systems with electric equivalents has, and will continue to significantly increase the electrical power requirement.
New analysis from Frost & Sullivan (aerospace.frost.com), Global Commercial Aviation Electrical Power Systems and Infrastructure Market Assessment, estimates the market to reach more than $24.0 billion by 2017.
If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the global commercial aviation electrical power systems and infrastructure market, then send an email to Anna Anlauft, Corporate Communications, at anna.anlauft[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.
“The use of More Electric architecture on aircraft offers significant cost benefits with lower recurring costs, due to fewer parts, integration of key sub-systems and multi-use of components,” observes Frost & Sullivan Consulting Analyst Balaji Srimoolanathan. “It also reduces the overall cost of operation and ownership, because its architecture helps contain fuel consumption and increase overall aircraft performance and energy usage. Reduced maintenance and ground support also help lower the cost of ownership and operation.”
Conventional aircraft employ a number of systems dependent on hydraulic, mechanical, pneumatic and electrical sources. Due to the ineffectiveness of these systems and their weight contribution, novel technologies have to evolve to generate, distribute and utilise electrical power as an alternative to conventional systems to drive components.
“Regulations urging manufacturers to develop more environmentally friendly and greener aircraft has led to the increased use of electric systems that reduce fuel consumptions and lower emission levels,” states Srimoolanathan. “Addressing eco-friendly, emission-free and highly efficient systems development to reduce carbon emissions remains a key challenge for the industry in its bid to achieve sustainable growth.”
Competition exists within the market for aircraft electrical power systems at sub-system levels. With the design and manufacturing capacity limited to sub-systems between a few tier-two suppliers, others compete on all the sub-systems and associated products. The overall market is consolidated to the extent of 70 per cent, which makes it a very niche market with a few dominant participants. With increasing applications, this market is set to expand significantly over the next decade.
Global Commercial Aviation Electrical Power Systems and Infrastructure Market Assessment is part of the Aerospace Growth Partnership Services programme, which also includes research in the following markets: European Software Defined Radio Markets, Indian Defence Supplier Market, European Land Based ISTAR - Vehicle Electronics Markets, Global Commercial Aviation Electrical Power Systems and Infrastructure Market Assessment, Border & Maritime Security Market Assessment - EU Accession States and European Air C2, Radar & Sensors (EO/IR) Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.
Global Commercial Aviation Electrical Power Systems and Infrastructure Market Assessment - M268
|
anna.anlauft[.]frost.com 
