Aircraft Electrification Market by Platform, Technology and Geography Forecast and Analysis - 2023-2027

Published: Oct 2023 Pages: 159 SKU: IRTNTR75062

Aircraft Electrification Market Forecast 2023-2027

The aircraft electrification market size is forecast to increase by USD 6.17 billion at a CAGR of 13.94% between 2022 and 2027. The growth of the market depends on several factors, such as technological advancements, increased investment, and advancements in battery technology. The market is experiencing significant growth propelled by technological advancements, particularly within the aviation sector. The industry's embrace of cutting-edge technologies is a pivotal factor in this expansion. Breakthroughs in electric motor technology have revolutionized aircraft engines, delivering superior performance characterized by enhanced efficiency, reliability, and reduced maintenance requirements compared to conventional internal combustion engines. Simultaneously, progress in battery technology has yielded batteries boasting higher energy densities, extended lifespans, and accelerated charge times, further driving innovation within the aviation industry.

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Market Segmentation by Platform, Technology, and Geography

This report extensively covers market segmentation by platform (commercial and general, and military), technology (more electric, fully electric, and hybrid electric), and geography (Europe, North America, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

Platform Segment Analysis 

The commercial and general segment is expected to account for the largest share of the global market. The growing passenger traffic is positively impacting the development of the segment. The increasing demand for more efficient and eco-friendly ones to reduce their carbon footprint is driving the commercial segment. 

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The commercial and general segment was valued at USD 2.82 billion in 2017 and continued to grow until 2021. Electrification of commercial ones involves using electric propulsion systems such as electric motors, batteries, and power electronics to propel the aircraft. The general segment includes small ones used primarily for personal or business purposes, such as private jets, helicopters, and small regional aircraft. General aviation electrification involves using hybrid-electric or all-electric propulsion systems to replace traditional fuel-driven engines. Such factors will increase segment growth during the forecast period.

Technology Analysis

The technology segment includes more electric, fully electric, and hybrid electric aircraft. The growing demand for more efficient and environmentally friendly aircraft is expected to surge the demand for electric aircraft which is boosting the growth global market during the forecast period. The concept of more electric aircraft refers to the increased use of electrical power in place of hydraulic and pneumatic systems traditionally used in aircraft. More electric aircraft also allows for more precise control of systems, leading to better overall performance. The move to electric aircraft is driven by the need for higher efficiency and reduced emissions, as well as the desire to reduce maintenance costs and improve reliability.

Regional Analysis

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Europe is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Europe has been at the forefront of efforts to reduce carbon emissions in the aviation industry, with several initiatives aimed at promoting the development of electric and hybrid-electric aircraft. Owing to increasing demand for fuel-efficient and environmentally friendly aircraft and increasing adoption of electric and hybrid-electric propulsion systems, the market in Europe will witness high growth.

Market Dynamics and Customer Landscape

The market is experiencing rapid growth, driven by the increasing adoption of innovative technologies such as air taxis, drones, and electrically-powered aircraft systems. Aircraft electrification offers numerous benefits, including emissions reduction, fuel efficiency, and noise pollution reduction. Major players in the market are investing heavily in the development of alternating current (AC) generators, hydrogen cells, and biofuel technology to enhance aircraft range and reduce environmental impact. The use of high dielectric strength insulating materials and forced air cooling mechanisms ensures safety and reliability in electrified aircraft systems. Additionally, advancements in avionics equipment and grounding techniques contribute to the expansion of the market, paving the way toward a net zero aviation industry. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Technological advancements are propelling the growth of the market. The aviation industry's increasing adoption of advanced technologies is a crucial driver in this expansion. Breakthroughs in electric motor technology have facilitated the creation of high-performance engines for aircraft, offering enhanced efficiency, reliability, and reduced maintenance compared to traditional internal combustion engines. Concurrently, advancements in battery technology have resulted in batteries with higher energy densities, longer lifespans, and faster charge times. Additionally, the development of advanced power electronics allows efficient control and management of power flow in electric and hybrid electric aircraft. These innovations collectively enable the creation of electric and hybrid-electric aircraft capable of meeting commercial aviation's range and performance requirements, fostering more sustainable air travel. This progression is anticipated to surge demand for aircraft electrification services, driving the global aircraft electrification market's growth in the forecast period.

Significant Market Trend

Electric aircraft gaining popularity is the primary trend in the global market.  With the growing concern to reduce its carbon footprint and move towards more sustainable operations, there is robust demand for electric aircraft in the aviation industry. 

Another factor driving the demand for electric aircraft is the increasing availability of advanced battery technology essential to powering electric aircraft. In recent years, battery technology has made great strides due to advances in technology such as lithium-ion batteries and all-solid-state batteries. Increasingly energy dense, reliable, and affordable, these batteries will make electric aircraft more practical and feasible. Jet engines used in electric aircraft are gaining popularity as they are quieter than regular piston engines, which is the reason that has led to the increased use of electric aircraft by commercial airlines around the world.

Major Market Challenge

The high development cost is a major challenge to the growth of the market.  A significant amount of investment is required in manufacturing electric aircraft, which is a major challenge for the new entrants in the global market. To design and manufacture new components such as high-capacity batteries, electric motors, and power electronics, high cost is required.

The development of electric aircraft requires new infrastructure, such as charging stations, that increase development costs. These infrastructure components can be expensive to develop and build, especially if there is a lack of existing infrastructure that can be reused. The high development cost of electric aircraft poses a significant barrier to new entrants as it requires large upfront investments that may not be feasible for smaller companies or start-ups. Therefore, all these factors will adversely affect the growth of the global market during the forecast period.  

Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

 Market Customer Landscape

Who are the Major Market players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aegis Power Systems Inc: The company offers aircraft electrification products such as DC power converters. Also, the company is involved in supplying AC-DC and DC-DC power supplies for custom and particular applications.

EaglePicher Technologies LLC: The company offers aircraft electrification solutions such as lithium-ion battery systems. Also, the company offers various products such as thermal batteries, primary batteries, secondary batteries, energetic devices, custom packaging, and charging stations.

The report also includes detailed analyses of the competitive landscape of the market and information about 17 market companies, including:

  • Acme Aerospace Inc and Avionic Instruments LLC
  • AMETEK Inc.
  • Astronics Corp.
  • BAE Systems Plc
  • Carlisle Companies Inc.
  • Crane Co.
  • General Electric Co.
  • Hartzell Propeller Inc.
  • Honeywell International Inc.
  • Lee Air Inc.
  • magniX
  • Nabtesco Corp.
  • Parker Hannifin Corp.
  • PBS Aerospace Inc.
  • Raytheon Technologies Corp.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Platform Outlook 
    • Commercial and general
    • Military
  • Technology Outlook
    • More electric
    • Fully electric
    • Hybrid electric
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina
      • Chile

Market Analyst Overview

The market is rapidly advancing, driven by the need to transition from traditional fuel-based methods to alternative power sources for sustainable and eco-friendly aviation. Major aircraft manufacturers like Boeing and Lockheed Corporation are investing heavily in advanced aircraft technologies to develop fuel-efficient and environmentally friendly aircraft. The adoption of electric aircraft propulsion systems, fuel cells, and electric actuators promises fuel efficiency, emissions reduction, and pollution reduction. These innovations also offer increased aircraft range and cleaner, quieter flights, addressing concerns over greenhouse gas emissions and noise pollution. However, challenges such as high voltage and thermal issues in electrical systems necessitate thermal management solutions and high dielectric strength insulating materials like silicone rubber and polyimide. Despite capital requirements and regulatory challenges, the aircraft electrification market is poised for substantial growth as the industry moves towards net zero emissions and embraces innovative technologies for a sustainable future in aviation.

Aircraft Electrification Market Scope

Report Coverage

Details

Page number

159

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.94%

Market growth 2023-2027

USD 6.17 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

13.6

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 34%

Key countries

US, China, Germany, UK, and France

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Acme Aerospace Inc and Avionic Instruments LLC, Aegis Power Systems Inc., AMETEK Inc., Astronics Corp., BAE Systems Plc, Carlisle Companies Inc., Crane Co., EaglePicher Technologies LLC, General Electric Co., Hartzell Propeller Inc., Honeywell International Inc., Lee Air Inc., magniX, Nabtesco Corp., Parker Hannifin Corp., PBS Aerospace Inc., Raytheon Technologies Corp., Safran SA, Thales, and U.S. Technologies

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our market research report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Platform
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global aircraft electrification market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global aircraft electrification market 2017 - 2021 ($ million)
    • 4.2 Platform Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Platform Segment 2017 - 2021 ($ million)
    • 4.3 Technology Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Platform

    • 6.1 Market segments
      • Exhibit 30: Chart on Platform - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Platform - Market share 2022-2027 (%)
    • 6.2 Comparison by Platform
      • Exhibit 32: Chart on Comparison by Platform
      • Exhibit 33: Data Table on Comparison by Platform
    • 6.3 Commercial and general aircraft - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Commercial and general aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Commercial and general aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Commercial and general aircraft - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Commercial and general aircraft - Year-over-year growth 2022-2027 (%)
    • 6.4 Military aircraft - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Military aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Military aircraft - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Military aircraft - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Military aircraft - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Platform
      • Exhibit 42: Market opportunity by Platform ($ million)
      • Exhibit 43: Data Table on Market opportunity by Platform ($ million)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 44: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 46: Chart on Comparison by Technology
      • Exhibit 47: Data Table on Comparison by Technology
    • 7.3 More electric - Market size and forecast 2022-2027
      • Exhibit 48: Chart on More electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on More electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on More electric - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on More electric - Year-over-year growth 2022-2027 (%)
    • 7.4 Fully electric - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Fully electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Fully electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Fully electric - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Fully electric - Year-over-year growth 2022-2027 (%)
    • 7.5 Hybrid electric - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Hybrid electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Hybrid electric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Hybrid electric - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Hybrid electric - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Technology
      • Exhibit 60: Market opportunity by Technology ($ million)
      • Exhibit 61: Data Table on Market opportunity by Technology ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Aegis Power Systems Inc.
              • Exhibit 115: Aegis Power Systems Inc. - Overview
              • Exhibit 116: Aegis Power Systems Inc. - Product / Service
              • Exhibit 117: Aegis Power Systems Inc. - Key offerings
            • 12.4 AMETEK Inc.
              • Exhibit 118: AMETEK Inc. - Overview
              • Exhibit 119: AMETEK Inc. - Business segments
              • Exhibit 120: AMETEK Inc. - Key offerings
              • Exhibit 121: AMETEK Inc. - Segment focus
            • 12.5 Astronics Corp.
              • Exhibit 122: Astronics Corp. - Overview
              • Exhibit 123: Astronics Corp. - Business segments
              • Exhibit 124: Astronics Corp. - Key offerings
              • Exhibit 125: Astronics Corp. - Segment focus
            • 12.6 BAE Systems Plc
              • Exhibit 126: BAE Systems Plc - Overview
              • Exhibit 127: BAE Systems Plc - Business segments
              • Exhibit 128: BAE Systems Plc - Key offerings
              • Exhibit 129: BAE Systems Plc - Segment focus
            • 12.7 Crane Co.
              • Exhibit 130: Crane Co. - Overview
              • Exhibit 131: Crane Co. - Business segments
              • Exhibit 132: Crane Co. - Key offerings
              • Exhibit 133: Crane Co. - Segment focus
            • 12.8 EaglePicher Technologies LLC
              • Exhibit 134: EaglePicher Technologies LLC - Overview
              • Exhibit 135: EaglePicher Technologies LLC - Product / Service
              • Exhibit 136: EaglePicher Technologies LLC - Key offerings
            • 12.9 General Electric Co.
              • Exhibit 137: General Electric Co. - Overview
              • Exhibit 138: General Electric Co. - Business segments
              • Exhibit 139: General Electric Co. - Key news
              • Exhibit 140: General Electric Co. - Key offerings
              • Exhibit 141: General Electric Co. - Segment focus
            • 12.10 Honeywell International Inc.
              • Exhibit 142: Honeywell International Inc. - Overview
              • Exhibit 143: Honeywell International Inc. - Business segments
              • Exhibit 144: Honeywell International Inc. - Key news
              • Exhibit 145: Honeywell International Inc. - Key offerings
              • Exhibit 146: Honeywell International Inc. - Segment focus
            • 12.11 Lee Air Inc.
              • Exhibit 147: Lee Air Inc. - Overview
              • Exhibit 148: Lee Air Inc. - Product / Service
              • Exhibit 149: Lee Air Inc. - Key offerings
            • 12.12 magniX
              • Exhibit 150: magniX - Overview
              • Exhibit 151: magniX - Product / Service
              • Exhibit 152: magniX - Key offerings
            • 12.13 Parker Hannifin Corp.
              • Exhibit 153: Parker Hannifin Corp. - Overview
              • Exhibit 154: Parker Hannifin Corp. - Business segments
              • Exhibit 155: Parker Hannifin Corp. - Key news
              • Exhibit 156: Parker Hannifin Corp. - Key offerings
              • Exhibit 157: Parker Hannifin Corp. - Segment focus
            • 12.14 PBS Aerospace Inc.
              • Exhibit 158: PBS Aerospace Inc. - Overview
              • Exhibit 159: PBS Aerospace Inc. - Product / Service
              • Exhibit 160: PBS Aerospace Inc. - Key offerings
            • 12.15 Raytheon Technologies Corp.
              • Exhibit 161: Raytheon Technologies Corp. - Overview
              • Exhibit 162: Raytheon Technologies Corp. - Business segments
              • Exhibit 163: Raytheon Technologies Corp. - Key news
              • Exhibit 164: Raytheon Technologies Corp. - Key offerings
              • Exhibit 165: Raytheon Technologies Corp. - Segment focus
            • 12.16 Safran SA
              • Exhibit 166: Safran SA - Overview
              • Exhibit 167: Safran SA - Business segments
              • Exhibit 168: Safran SA - Key news
              • Exhibit 169: Safran SA - Key offerings
              • Exhibit 170: Safran SA - Segment focus
            • 12.17 Thales
              • Exhibit 171: Thales - Overview
              • Exhibit 172: Thales - Business segments
              • Exhibit 173: Thales - Key news
              • Exhibit 174: Thales - Key offerings
              • Exhibit 175: Thales - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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