Aircraft Electrical Systems Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to aircraft electrical systems market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Aircraft Electrical Systems Market News

in Aircraft Electrical Systems Market
  • In May 2025, Honeywell and Vertical Aerospace deepened their collaboration to certify critical systems for the VX4 eVTOL aircraft. The partnership focuses on Honeywell’s compact fly-by-wire technology and flight control systems, aiming for UK Civil Aviation Authority certification by 2028. This move accelerates the development of sustainable urban air mobility solutions.
  • In December 2024, Safran concluded its EcoPulse hybrid-electric aircraft test campaign, accumulating 100 flight hours. The program demonstrated a 350 kW distributed propulsion system with 800V DC voltage, showcasing significant advancements in electric propulsion. The project identified key challenges in decarbonizing aviation, laying the groundwork for future certification and regulatory advancements.
  • In October 2024, Collins Aerospace completed prototype development of high-voltage power distribution components for the EU-funded SWITCH project. The solid-state power controller and distribution panel, developed in Nördlingen, Germany, are designed to manage megawatt-class electric loads in hybrid-electric aircraft. These components are set for integration testing in the U.S., marking a significant step toward sustainable aviation technologies.
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Global Aircraft Electrical Systems Market size was valued at USD 20.38 Billion in 2023 poised to grow from USD 22 Billion in 2024 to USD 20.51 Billion by 2032, growing at a CAGR of 7.93% in the forecast period (2025-2032).

The global aircraft electrical systems market outlook is highly competitive, with key players like Honeywell International, Safran, Collins Aerospace, and Thales Group driving innovation. Companies focus on strategic partnerships, mergers, and extensive R&D to enhance product portfolios and develop more electric and hybrid propulsion systems. For example, Honeywell invests heavily in smart electrical power management, while Safran emphasizes sustainable aviation solutions through collaborative aerospace ventures, strengthening their market positions worldwide. 'Honeywell International (USA)', 'Safran (France)', 'Collins Aerospace (USA)', 'Thales Group (France)', 'Rockwell Collins (USA)', 'GE Aviation (USA)', 'Moog Inc. (USA)', 'Eaton Corporation (USA)', 'Liebherr Aerospace (Germany)', 'Meggitt PLC (United Kingdom)', 'Parker Hannifin Corporation (USA)', 'Zodiac Aerospace (France)', 'BAE Systems (United Kingdom)', 'UTC Aerospace Systems (USA)', 'Leonardo S.p.A. (Italy)'

The aviation industry's transition to More Electric Aircraft increases demand for advanced electrical systems. MEA technology replaces traditional hydraulic and pneumatic systems with electrical ones, enhancing fuel efficiency, reducing maintenance, and lowering emissions. This shift drives growth in electrical power generation, distribution, and management components.

Electrification Driving Aircraft Modernization: The shift towards More Electric Aircraft (MEA) is a major trend, with airlines and manufacturers adopting advanced electrical systems to replace hydraulic and pneumatic components. This transition enhances fuel efficiency, reduces emissions, and lowers maintenance costs, accelerating the demand for innovative aircraft electrical solutions.

Why is North America Considered a Hub for Advanced Aircraft Electrical Systems?

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Global Aircraft Electrical Systems Market
Aircraft Electrical Systems Market

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