Market Overview:
The global aircraft cabin power market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,711.5 Mn by 2030, registering a CAGR of 7.9% from 2018 to 2030. The market growth can be attributed to the increasing demand for aircraft cabin power systems from the commercial and military sectors across the globe. Based on type, the global aircraft cabin power market has been segmented into OEMs and aftermarket segments. The OEMs segment is expected to account for a larger share of the global aircraft cabin power market in terms of value during the forecast period owing to increasing demand for new-generation aircraft with advanced features such as LED lighting systems, smart glass windows, etc., which require more powerful and efficient Aircraft Cabin Power Systems (ACPS). However, with rising replacement needs among aging fleets of commercial and military airplanes worldwide, the aftermarket segment is projected to register a higher CAGR than that of OEMs during 2018-2030. On basis application type propeller airplane cabins are dominating this industry due their high number deliveries every year as compared jet airplane cabins which are expensive but offer great luxury experience along with long distance travel facilities .
Product Definition:
Aircraft cabin power is a system on an aircraft that provides power to the cabin. This system usually consists of several electrical outlets that passengers can use to charge their devices or plug in their headphones. The importance of aircraft cabin power lies in its ability to provide passengers with a way to keep themselves occupied and comfortable during a flight.
OEMs:
OEMs are the original equipment manufacturer. They are responsible for designing and manufacturing electronic devices used in aircraft. OEMs provide various electrical components such as connectors, switches, sockets, fuses and other small parts which are required to be installed in an aircraft during its manufacture.
Aftermarket:
Aftermarket is the market for replacement parts and accessories that come into contact with a product during its life cycle. The Aftermarket part is manufactured by a company other than the original manufacturer of the component. In case of aircraft, aftermarket components would include seat covers, air conditioners, in-flight entertainment systems and power generators among others.
Application Insights:
Propeller aircraft application dominated the market with a share of 33.3% in 2017. The demand for advanced aircraft is growing significantly owing to rising passenger traffic and air cargo transport across the world. As a result, manufacturers are focusing on upgrading their existing fleets by installing new engines and propellers. This will eventually drive the market over the forecast period as replacement schedules for aging propeller-driven aircraft are usually well beyond 2030, thus leading to increased sales of new generation helicopters and airplanes with improved efficiency that meets modern safety standards set by regulatory authorities worldwide.
The jet aircraft segment is expected to witness significant growth over the forecast period due to increasing demand from regional airlines as well as international carriers operating scheduled flights across various regions in Asia Pacific, North America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for new aircraft and replacement of existing fleet in countries such as India, China, Japan, and Australia. In addition, rising disposable income coupled with high passenger traffic in this region is anticipated to drive the market further.
Europe was valued at USD X billion in 2017 owing to presence of major aircraft OEMs such as Airbus S A., Leonardo Helicopters S Lp., Dassault Aviation SA., etc.; growing adoption of electric planes; and rise in fuel prices across this region are some factors that may hinder growth during the forecast period. However, introduction of favorable policies by European governments towards installation of renewable energy systems on board commercial planes is likely to boost industry expansion over next eight years or so.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in the need for more aircraft and subsequently, more cabin power systems.
- Technological advancements: Aircraft cabin power systems are becoming increasingly sophisticated with the advent of new technologies such as wireless charging and smart sensors. This is resulting in increased demand for these systems from airlines and passengers alike.
- Regulatory changes: Airlines are increasingly being mandated by regulators to install cabin power systems on their aircraft in order to improve passenger comfort and safety. For example, the European Union Aviation Safety Agency (EASA) has made it mandatory for all new aircraft types certified after January 1, 2020, to be equipped with a Cabin Electronic Power Supply (CEPS) system .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Cabin Power Market Research Report
By Type
OEMs, Aftermarket
By Application
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
By Companies
Piper Aircraft, Brown Aircraft, McFarlane, Cessna Aircraft, Janitrol Aero, Tronair, LP Aero, Hawker Beechcraft, De Havilland, Airforms Inc, Piper Aircraft
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Cabin Power Market Report Segments:
The global Aircraft Cabin Power market is segmented on the basis of:
Types
OEMs, Aftermarket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Piper Aircraft
- Brown Aircraft
- McFarlane
- Cessna Aircraft
- Janitrol Aero
- Tronair
- LP Aero
- Hawker Beechcraft
- De Havilland
- Airforms Inc
- Piper Aircraft
Highlights of The Aircraft Cabin Power Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEMs
- Aftermarket
- By Application:
- Propeller Aircraft
- Jet Aircraft
- Rotorcraft
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Cabin Power Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft cabin power is the electrical power that is used to operate various aircraft systems.
Some of the major companies in the aircraft cabin power market are Piper Aircraft, Brown Aircraft, McFarlane, Cessna Aircraft, Janitrol Aero, Tronair, LP Aero, Hawker Beechcraft, De Havilland, Airforms Inc, Piper Aircraft.
The aircraft cabin power market is expected to grow at a compound annual growth rate of 7.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Cabin Power Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Cabin Power Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Cabin Power Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Cabin Power Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Cabin Power Market Size & Forecast, 2018-2028
4.5.1 Aircraft Cabin Power Market Size and Y-o-Y Growth
4.5.2 Aircraft Cabin Power Market Absolute $ Opportunity
Chapter 5 Global Aircraft Cabin Power Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Cabin Power Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Cabin Power Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Cabin Power Market Size Forecast by Applications
6.2.1 Propeller Aircraft
6.2.2 Jet Aircraft
6.2.3 Rotorcraft
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Cabin Power Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Cabin Power Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Cabin Power Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Cabin Power Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Cabin Power Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Cabin Power Market Size Forecast by Applications
9.10.1 Propeller Aircraft
9.10.2 Jet Aircraft
9.10.3 Rotorcraft
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Cabin Power Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Cabin Power Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Cabin Power Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Cabin Power Market Size Forecast by Applications
10.10.1 Propeller Aircraft
10.10.2 Jet Aircraft
10.10.3 Rotorcraft
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Cabin Power Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Cabin Power Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Cabin Power Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Cabin Power Market Size Forecast by Applications
11.10.1 Propeller Aircraft
11.10.2 Jet Aircraft
11.10.3 Rotorcraft
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Cabin Power Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Cabin Power Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Cabin Power Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Cabin Power Market Size Forecast by Applications
12.10.1 Propeller Aircraft
12.10.2 Jet Aircraft
12.10.3 Rotorcraft
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Cabin Power Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Cabin Power Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Cabin Power Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Cabin Power Market Size Forecast by Applications
13.10.1 Propeller Aircraft
13.10.2 Jet Aircraft
13.10.3 Rotorcraft
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Cabin Power Market: Competitive Dashboard
14.2 Global Aircraft Cabin Power Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Piper Aircraft
14.3.2 Brown Aircraft
14.3.3 McFarlane
14.3.4 Cessna Aircraft
14.3.5 Janitrol Aero
14.3.6 Tronair
14.3.7 LP Aero
14.3.8 Hawker Beechcraft
14.3.9 De Havilland
14.3.10 Airforms Inc
14.3.11 Piper Aircraft
