The Business Research Company’s report on the Commercial Aircraft Emergency Generators Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the commercial aircraft emergency generators market in recent years?
The increasing demand for air travel is expected to propel the growth of the commercial aircraft emergency generators market going forward. Air travel refers to transporting passengers or cargo via aircraft, typically between airports, for domestic and international destinations. The increasing demand for air travel is due to rising global income levels, greater connectivity between regions, and the growth of the global tourism and business sectors. Commercial aircraft emergency generators play a crucial role in supporting the increasing demand for air travel by ensuring the safety and reliability of aircraft operations, which boosts passenger confidence and enables airlines to meet higher operational standards in response to growing air traffic. For instance, in May 2024, according to the Welsh Government, a UK-based government agency, the UK airports saw a significant increase in passenger traffic, recording 272.8 million journeys in 2023, compared to 221.8 million in 2022. Therefore, the increasing demand for air travel is driving the growth of the commercial aircraft emergency generators market.
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What is the projected market size of the commercial aircraft emergency generators industry, and how is it expected to grow?
The commercial aircraft emergency generators market size has grown strongly in recent years. It will grow from $1.53 billion in 2024 to $1.63 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to a growing need for compliance, increasing investment in advanced aerospace technologies, growing adoption of emergency oxygen systems, rising passenger expectations for enhanced in-flight safety, and rising demand for retrofit solutions.
The commercial aircraft emergency generators market size is expected to see strong growth in the next few years. It will grow to $2.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to the rise in passenger air traffic and air travel, the increasing need for reliable backup power systems, the increasing focus on improving aircraft operational efficiency, the increasing frequency of aircraft fleet upgrades, and the rise in demand for eco-friendly and sustainable aviation technologies. Major trends in the forecast period include technological advancements, hybrid-electric propulsion, advanced energy storage, AI-driven maintenance, and digital twin technology.
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Who are the key players driving competition in the commercial aircraft emergency generators market?
Major companies operating in the commercial aircraft emergency generators market are RTX Corporation, The Boeing Company, Honeywell International Inc., GE Aerospace, Safran S.A., Eaton Corporation PLC, AMETEK Inc., Elbit Systems Ltd., KongsBerg, Curtiss-Wright Corporation, Meggitt PLC, Astronics Corporation, PowerVamp, MTU Aero Engines AG, Aeolus Aero Tech Pvt. Ltd., TLD Group, Hamilton Sundstrand Corporation, Moog Inc., Lear Siegler, Jack & Heintz
What key trends are expected to drive the coarse calcite market during the forecast period?
Major companies operating in the commercial aircraft emergency generators market are focusing on developing advanced gas turbine generator products to reduce weight and improve efficiency, contributing to longer flight ranges and more reliable emergency power systems. Gas turbine generator products are power systems that use a gas turbine engine to convert fuel into mechanical energy, driving a generator to produce electricity. They are valued for their high efficiency, rapid start-up, and reliability in emergency backup and industrial applications. For instance, in April 2024, NSK Ltd., a Japan-based industrial equipment company, launched a new gas turbine generator bearing specifically designed for eVTOLs and large drones. This bearing incorporates an innovative lubrication mechanism that reduces the required lubricating oil by nearly 80%, leading to lighter-weight components and increased efficiency, ultimately contributing to longer flight durations and more reliable emergency power systems.
Which key geographies are driving the growth of the commercial aircraft emergency generators market?
North America was the largest region in the commercial aircraft emergency generators market in 2024. Asia-Pacific region is expected to be the fastest growing region in the forecast period. The regions covered in the commercial aircraft emergency generators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the commercial aircraft emergency generators market?
The commercial aircraft emergency generators market covered in this report is segmented –
1) By Type Of Generator: Alternating Current Generators, Direct Current Generators, Hybrid Generators
2) By Power Output Capacity: Below 50 Kilowatt (KW), 50 Kilowatt (KW) To 100 Kilowatt (KW), 100 Kilowatt (KW) To 200 Kilowatt (KW), Above 200 Kilowatt (KW)
3) By Application: Narrow Body Aircraft, Wide-Body Aircraft, Regional Aircraft
4) By End-User: Commercial Airlines, Cargo Airlines, Charter Airlines, Government And Defense
Subsegments:
1) By Alternating Current (AC) Generators: Permanent Magnet AC Generators (PMAC), Brushless AC Generators, Synchronous AC Generators
2) By Direct Current (DC) Generators: Brushed DC Generators, Brushless DC Generators, Series Wound DC Generators
3) By Hybrid Generators: AC-DC Hybrid Generators, Integrated Starter-Generator (ISG) Systems, Variable Frequency Hybrid Generators
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How is the commercial aircraft emergency generators market defined, and what are its core characteristics?
Commercial aircraft emergency generators are backup power systems installed on aircraft to ensure a reliable supply of electricity in the event of a main engine or electrical system failure. These generators are crucial for maintaining the operation of essential systems and ensuring the safety of passengers and crew during an emergency. Commercial aircraft emergency generators provide power to critical systems such as lighting, communication, navigation, and flight control systems when the primary power source is unavailable.
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