Commercial Aircraft Emergency Generators Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Germany, France - Size and Forecast 2024-2028

Commercial Aircraft Emergency Generators Market Forecast 2024-2028

The commercial aircraft emergency generators market size is forecast to increase by USD 105.07 million, at a CAGR of 7.43% between 2023 and 2028. The growth rate of the market depends on several factors, such as the growing demand for new-generation aircraft, the advancements in electric architecture in modern aircraft, and the enhanced aircraft safety due to RAT. Our market growth analysis report examines historical data from 2018-2022, besides analyzing the current and forecasted market scenario.

The North American commercial aircraft industry, largely sustained by the robust aviation sector in the US, is mature and well-established. Additionally, General Electric Co. provides commercial aircraft emergency generators like GE Aerospace's power generation systems, covering a broad spectrum of applications ranging from 115VAC, 230VAC to 270VDC, including variable frequency generators. Honeywell International Inc. offers starter generators for commercial aircraft, delivering dependable electric power ranging from 5 to 200kVA, available in constant speed, variable frequency, and direct current configurations.

Market Forecasting and Size

Market Forecast 2024-2028

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Market Dynamics

Our researchers studied the market research and growth data for years, with 2023 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Driver- Advancements in electric architecture in modern aircraft

Modern aircraft are becoming increasingly electric amid growing demand for efficiency and performance among industry stakeholders. A significant effort in R&D has been dedicated to making power generation and distribution systems more electric in aircraft. In commercial , developments toward electrification are led by the Boeing 787, which became the first commercial to go electric in terms of system actuation and control. Advances in making aircraft more electric are also paying dividends in terms of reduced wiring.

For instance, the Boeing 787, successfully cut down approx. 20 miles of wiring. Developments in electric aircraft systems are showing significant improvements in RATs deployed. The Boeing 787 is fitted with RAT as an integral component for emergency power generation, despite being the first generation electric aircraft. Consequently, developments in electric aircraft systems are making RATs more effective, which will drive market growth during the forecast period.

Trends- The adoption of 3D printing to manufacture complex aircraft structures

Three-dimensional (3D) printing involves the synthesis of successive layers of materials through an electron beam or laser to manufacture small- and micro-sized components as per specifications provided in the associated computer-aided design file. This advanced printing method ensures lower manufacturing time and reduces material wastage while allowing quick design alterations in the internal features of components. In the aviation sector, manufacturers are highly dependent on 3D printing to alleviate supply chain constraints, limit warehouse space, and reduce wastage of materials, unlike traditional manufacturing processes.

Moreover, the adoption of 3D printing for quickly producing aircraft parts will help save substantial amounts of time, space, and money. Hence, major OEMs and Tier-1 suppliers are working to develop 3D printing technology for manufacturing and their parts. The adoption of honeycomb cores on RAT blades enabled significant mass reduction, and this complex design in RAT blades was made possible through 3D printing. Thus, such innovative designs hold significant potential to enhance the performance of the RAT and other components, thereby driving market growth during the forecast period.

Challenge- Design constraints and complexities with RAT

With emergency power systems being integral to electrical systems, RAT remains a critical subsystem of a modern aircraft. Designing and developing RAT creates many challenges and complexities, given the need to constantly focus on reducing weight, enhancing performance, lowering lifecycle costs, increasing reliability, and saving space. For instance, the RAT has to be overhauled every time upon deployment, which is an operational challenge in terms of both cost and maintenance. Thus, such factors pose serious challenges to market players operating in the market.

Furthermore, the challenge lies in creating a robust design that ensures the RAT functions seamlessly across a wide range of environmental variables, from desert heat to arctic cold. Meeting requirements demands meticulous engineering to guarantee the RAT's durability and effectiveness in various operational environments. Therefore, design constraints and complexities with RAT can pose a major challenge to the growth of the market during the forecast period.

Market Segmentation by Application, Channel, and Geography

Application Segment Analysis: 

The narrow-body aircraft segment will account for a major share of the market's growth during the forecast period.?Narrow-body aircraft are single-aisle aircraft that enable up to 6-abreast seating in the cabin. Narrow-body have a twin-engine setup integrated at the wings to provide thrust. Demand for narrow-body aircraft is being fueled by the efficiency-focused operations carriers in both emerging and developed economies, where average load factors and seasonality play vital roles in determining profit margins. Of late, aircraft original equipment manufacturers (OEMs) have delivered several upgraded versions of narrow-body aircraft. Low-cost carriers (LCCs) are making efforts to modernize their existing fleets to stay abreast with the competencies of the successive versions.

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The narrow-body aircraft segment was valued at USD 82.06 million in 2018. Furthermore, OEMs are investing significantly in developing new narrow-body aircraft instead of just updating their existing variants. The decision of prominent OEMs to develop new narrow-body aircraft will be crucial for the prospects of RATs during the forecast period. Aircraft manufacturing companies such as Airbus SE and Boeing Co. are also focusing on enhancing their annual production volumes to cater to the growing demand for narrow-body aircraft. Such strategies will generate a parallel demand for emergency generators and fuel the growth of the market by the narrow-body aircraft segment during the forecast period.

Channel Segment Analysis

Based on channel, the market has been segmented into OEM, and aftermarket. The OEM?segment will account for the largest share of this segment. OEMs manufacture parts such as emergency generators by the same company that makes commercial aircraft. The RAT shall be triggered either automatically or by pilot actions in the event of an electrical emergency on a flight due to normal sources of electricity that are not available and malfunctioning. Additionally, the OEMs manufacture emergency generators on their own, owing to performance and reliability issues. In addition, the growing demand for commercial aircraft owing to the growing global connectivity and rising investments by governments is expected to fuel market growth during the forecast period.

Regional Analysis

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Europe is estimated to contribute 36% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The North American commercial aircraft market, led by Boeing Co. and Bombardier Inc., competes globally. The resurging US economy fuels domestic air travel, driving demand. Tier-1 and Tier-2 suppliers upgrade manufacturing to align with OEMs, crucial for Regional Auxiliary Tanks (RAT) integration. Component manufacturers invest heavily in production capacity enhancement to address increasing aircraft orders and meet OEM backlogs. Thus, such factors will support the growth of the market in the region during the forecast period.

Who are the Major Market Companies?

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.

• ATGI, General Electric Co.: The company offers commercial aircraft emergency generators such as High Powered Ram Air Turbine capable of producing over 60kw of power at an air speed of 250 knots which is developed by Advanced Technologies Group Inc.

We also have detailed analyses of the market’s competitive landscape and offer information on 4 market companies, including:

Honeywell International Inc., RTX Corp., and Safran SA

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analyst Overview

The market is a crucial component of the aviation industry, ensuring the reliable supply of electricity to various systems onboard aircraft. With advancements in integrated circuitry and modern light-aircraft avionics, pilots can access real-time weather forecasts and navigate through turbulent activity more effectively, utilizing satellite signals and engine operating information. There's a notable technological revolution underway, fostering the development of electric and hybrid-electric aircraft to reduce the carbon footprint. Collaboration between electrical and aviation companies has led to innovations like turbo generators, alternators, and high-density battery technologies. These advancements, coupled with polished power electronic components and hybrid-based technology, offer viable alternative power sources such as fossil fuel substitutes, including biofuels, aligning with pollution standards set by organizations like the International Civil Aviation Organization (ICAO) and mitigating greenhouse gas emissions

 

In the dynamic realm of the market, ensuring a dependable electrical supply is paramount. These generators operate seamlessly, adapting to varying engine rpm and providing high voltages essential for operations. Advancements in technology have led to the integration of high-power density batteries, enhancing onboard power backup capabilities. With the expertise of Principal Consultants, manufacturers navigate complexities to deliver reliable solutions. Moreover, these generators play a critical role in powering systems vital for transporting perishable commodities and meeting the stringent requirements of defense industries.

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

• Application Outlook 
  • Narrow-body 
  • Wide-body 
  • Regional 

• Channel Outlook
  • OEM
  • Aftermarket

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • South America
    • Chile
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Aircraft Generators Market Scope
Report Coverage	Details
Page number	150
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 7.43%
Market Growth 2024-2028	USD 105.07 million
Market structure	Concentrated
YoY growth 2023-2024(%)	7.05
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	Europe at 36%
Key countries	US, Canada, China, Germany, and France
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	ATGI, General Electric Co., Honeywell International Inc., RTX Corp., and Safran SA
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our 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 Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the  market report between 2024 and 2028
• Precise estimation of the size of the market growth and trends and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Market growth and forecasting across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market  companies

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