Market Overview:
The global aircraft voltage regulator market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,521.4 Mn by 2030, registering a CAGR of 6.9% from 2018 to 2030. The market growth can be attributed to the increasing demand for aircraft voltage regulators from the commercial and military sectors across the globe. Based on type, the global aircraft voltage regulator market has been segmented into OEMs and aftermarket. The OEMs segment is expected to account for a larger share of the global aircraft voltage regulator market in 2018 as compared to the aftermarket segment owing to increased demand for new aircraft from commercial and military sectors across the globe. However, over time, with increase in number of aging fleets globally, replacement parts including Aircraft Voltage Regulators are expected witness higher demand from aftermarket players as well resulting in higher CAGR during forecast period (2018-2030). On basis of application type; propeller Aircrafts are anticipated witness highest growth rate during forecast period due high adoption rates across various regions followed by Jet Aircrafts & Rotorcraft segments respectively .However , other application types such as Unmanned Aerial Vehicles (UAV) & General Aviation are also witnessing significant traction owing growing popularity among consumers which would fuel overall growth of Global Aircraft Voltage Regulator Market over next 10 years .
Product Definition:
An aircraft voltage regulator is a device used in an aircraft to maintain a constant voltage level. It is important because it helps to keep the electrical systems in the plane running properly.
OEMs:
OEMs are the original equipment manufacturers. They are responsible for designing and manufacturing electronic components used in aircraft such as voltage regulators, power modules, and other electrical components. OEMs provide integrated solutions to Avionics Systems Manufacturers (ASMs), which include complete sets of flight control electronics along with all necessary support services required for the installation of these systems in an aircraft.
Aftermarket:
Aftermarket is the second hand market of the original equipment. In other words, it's a secondary source for any type of equipment or product which is produced initially by a company and then later on when the demand arises for that particular product; it gets re-used/recycled by another company.
Application Insights:
The propeller aircraft application segment accounted for the largest revenue share of over 40% in 2017. The demand is majorly driven by the light commercial aircraft (LCA) market, which is expected to witness significant growth over the forecast period. The LCA segment has been witnessing a rapid rise in demand owing to its low cost and easy maintenance compared to other types of aircraft. Moreover, increasing use of electric motors for providing additional thrust from propellers also boosts product demand in this application segment.
The jet aircraft application segment is expected to witness considerable growth over the forecast period on account of rising fuel prices and environmental concerns regarding CO2 emissions produced by conventional engines used on these types of planes. Changing trends towards using environmentally friendly products such as electric regulators for engine control purposes will further boost industry growth during future years according to aviation experts interviewed by Aircraft Spruce & Specialty Industry Association (ASIA).
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from general aviation and rotorcraft aircraft owners. Moreover, growing adoption of electric aircraft as a result of rising environmental concerns is anticipated to drive regional growth. Europe also held a significant market share in 2017 owing to high demand from manufacturers and OEMs for aftermarket products such as replacement parts, accessories, and maintenance kits.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to rapid economic development coupled with increased government spending on civil aerospace projects such as new airport construction in India, China, Malaysia etc., which will lead towards an increase in passenger traffic across these countries eventually driving up product demand across all categories including voltage regulators for commercial aircraft applications at both OEMs and aftermarket levels.
Growth Factors:
- Increasing demand for aircrafts from the commercial and defense sectors is expected to drive the growth of the aircraft voltage regulator market during the forecast period.
- The increasing adoption of digital technologies in aircrafts is projected to fuel the demand for aircraft voltage regulators in the coming years.
- The growing number of air passengers across different geographies is anticipated to boost the growth of this market in near future.
- The increasing focus on reducing weight and improving fuel efficiency in aircrafts is projected to create new opportunities for players operating in this market during forecast period. 5) Technological advancements are expected to play a key role in propellingthegrowthofthismarketduringtheforecastperiod
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Voltage Regulator Market Research Report
By Type
OEMs, Aftermarket
By Application
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
By Companies
Jasco, Interav, Lamar, Plane Power, Bendix, Piper Aircraft, Cessna Aircraft, Miscellaneous Items, Hawker Beechcraft, Honeywell
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Voltage Regulator Market Report Segments:
The global Aircraft Voltage Regulator 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:
- Jasco
- Interav
- Lamar
- Plane Power
- Bendix
- Piper Aircraft
- Cessna Aircraft
- Miscellaneous Items
- Hawker Beechcraft
- Honeywell
Highlights of The Aircraft Voltage Regulator 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 Voltage Regulator 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?
An aircraft voltage regulator is a device that regulates the voltage supplied to an electrical system in an aircraft. Voltage regulators are used to maintain a consistent and safe operating voltage for various electrical systems in the aircraft, such as avionics, lighting, and power distribution.
Some of the major companies in the aircraft voltage regulator market are Jasco, Interav, Lamar, Plane Power, Bendix, Piper Aircraft, Cessna Aircraft, Miscellaneous Items, Hawker Beechcraft, Honeywell.
The aircraft voltage regulator market is expected to grow at a compound annual growth rate of 6.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Voltage Regulator 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 Voltage Regulator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator Market Size & Forecast, 2018-2028
4.5.1 Aircraft Voltage Regulator Market Size and Y-o-Y Growth
4.5.2 Aircraft Voltage Regulator Market Absolute $ Opportunity
Chapter 5 Global Aircraft Voltage Regulator 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 Voltage Regulator Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator 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 Voltage Regulator Market: Competitive Dashboard
14.2 Global Aircraft Voltage Regulator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jasco
14.3.2 Interav
14.3.3 Lamar
14.3.4 Plane Power
14.3.5 Bendix
14.3.6 Piper Aircraft
14.3.7 Cessna Aircraft
14.3.8 Miscellaneous Items
14.3.9 Hawker Beechcraft
14.3.10 Honeywell
