The Global Aerospace Power Converters size market was valued at USD 8.6 billion in 2017 and is projected to grow at a CAGR of 6.8% from 2021 to 2028. The growth can be attributed to the increasing demand for aircraft, spacecraft, and electric vehicles globally. In addition, technological advancements such as the rise of hybrid-electric aircraft are also driving this market's growth.
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Aerospace Power Converters Market Report | Global Forecast To 2028
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Home »Reports »Machinery &Equipment»Global AerospacePower Converters Market by Type(AC/DC Power Converter,
DC/DC Power Converter),ByApplication(Aircraft, Spacecraft)And ByRegion (North America,LatinAmerica,Europe,AsiaPacific
and Middle East&Africa), ForecastTo2028
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GlobalAerospacePowerConverters Market by Type(AC/DC Power Converter,
DC/DC PowerConverter), ByApplication(Aircraft,Spacecraft)And ByRegion(North
America,LatinAmerica,Europe, AsiaPacificand Middle East&Africa),ForecastTo
2028
Report ID: 912 4200 Machinery &Equipment Dataintelo 115 Pages 4.2 (44)
Report Details Tableof Content RequestFree Sample
The Global Aerospace Power Converters size market was valued at USD 8.6 billion in 2017 and is projected to grow
at a CAGR of 6.8% from 2021 to 2028. The growth can be attributed to the increasing demand for aircraft,
spacecraft, and electric vehicles globally. In addition, technological advancements such as the rise of hybrid-electric
aircraft are also driving this market's growth.
Aerospace power converters are an essential part of aircraft and spacecraft. They provide the necessary voltage,
current, or frequency depending on the requirements for today's technologically advanced aerospace vehicles. The
demand for these products has increased as their use in commercial aircraft is widespread due to various reasons
suchasgrowth in passenger traffic and are aneed for more spacein the cabin.
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2. They are used for providing power to both aircraft and spacecraft systems, with an increase seen in their use by
commercial airlines due to growth in passenger traffic and a need for more space onboard flights. The demand has
increased as fuel efficiency is becoming increasingly important while new technologies such as electric propulsion
find their wayinto the aerospace industry.
On the basisof Type,the market issegmented into, AC/DC Power Converter and DC/DC Power Converter. The
AC/DC power converters are the largest segment of this market, whichisexpectedto grow atahigh pace.
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AC/DC Power Converter:
AC/DC power converters are a type of electrical conversion device that converts the ACcurrent to DC. The converter
consists of two sections, an ACsection, and a DC section. It has one output terminal for each input voltage level;the
ungrounded end is called plus (+) or positive (+), while the grounded end is called minus. The AC section is made up
of a transformer and rectifier circuit, which converts the alternating current from the power grid or generator into
direct current. The DC section uses an inductor to create voltage spikes that smooth out the waveform produced
by this process. The use of AC/DC converters in aerospace applications has been growing rapidly because they are
more energy-efficient and help reduce the overall weight of an aircraft.
DC/DC Power Converter:
A DC-to-DC power converter is a type of switching power supply that converts one form of direct current (a lower
voltage) to another form of direct current, typically by changing its polarity. In most applications, the less powerful
DC output maintains an appropriate level for driving low-voltage circuits such as microprocessor logic and data.
DC/DC Power Converter is used to convert high voltage DC input into low voltage DC output in spaceflight
applications suchassatellitesand payloads whichrequire regulated voltagesfor optimal performance type of
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3. DC/DC converter. Itisused mainly at remote locations where an ACpower supply or battery charging electricityis
not available.
On the basisof Application, the market issegmented into Aircraft and Spacecraft.
Aircraft:
Aircraft are one of the biggest consumers in this field. With more and more commercial flights being operated,
there is a need for power converters to be used on them. Power converters provide an uninterrupted supply of
electric current by converting alternating currents into a direct voltage which can then be used as per the
requirements of di"erent aircraft models. It also provides power to all the systemsonboard an aircraft.
Spacecraft:
A spacecraft power converter is responsible for providing the proper voltage and current to all onboard systems.
The design of a satellite power system depends on its location in orbit, orientation relative to Earth’s surface, solar
cell efficiency, and other factors. Power converters are used extensively throughout satellites but they often need
replacements at regular intervalsdue to extreme conditions.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and
Middle East & Africa.North America dominates the Aerospace Power Converters Market in 2018 and is expected to
be the largest market for power converters in 2021, whereas Europe will register strong growth during the forecast
period.
Dataintelo published anewreport titled “AerospacePower Converters Market research report whichissegmented
by Types(AC/DC Power Converter, DC/DC Power Converter), ByApplications (Aircraft, Spacecraft),By
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4. Players/Companies Meggitt, Champion Aerospace, AvionicsInstruments, CollinsAerospace, Crane Aerospace &
Electronics,Eaton, GaiaConverter, Honeywell Aerospace, Astronics, Georator”.
Report Scope
Report Attributes Report Details
Report Title Aerospace Power Converters Market Research Report
ByType AC/DC Power Converter, DC/DC Power Converter
ByApplication Aircraft, Spacecraft
ByCompanies
Meggitt, Champion Aerospace, AvionicsInstruments,
Collins Aerospace,Crane Aerospace & Electronics,
Eaton, Gaia Converter, Honeywell Aerospace, Astronics,
Georator
Regions Covered North America, Europe, APAC,Latin America, MEA
Countries Covered
North America: U.Sand Canada
Europe : Germany, France, Italy,U.K,Spain, Russia,Rest
of Europe
APAC: China, Japan,South Korea,India, Australia,
South EastAsia,Restof Asia Pacific
Latin America: Brazil, Mexico
Middle EastAnd Africa : Saudi Arab, South Africa, UAE
BaseYear 2020
Historical Year
2018 to 2019 (Data from 2010 canbe provided asper
availability)
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5. Forecast Year 2028
Number of Pages 115
Number of Tables&Figures 81
Customization Available Yes,the report canbe customized asper your need.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints
that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments
whichinclude products, applications,and competitor analysis.
Aerospace Power Converters
Market
Global Outlook
Fig XX: Global Aerospace Power Converters Market Size, Forecast and Y-o-Y Growth, 2018-2028
XX XX
XX XX
XX
XX
XX
XX XX XX
XX
XX XX XX
XX
XX
XX
XX
XX
XX
XX
XX
2018H 2019H 2020A 2021E 2022P 2023P 2024P 2025P 2026P 2027P 2028P
Market Size (US$ Mn) Y-o-Y Growth (%)
Source: DataIntelo
Analysis
• AC/DC Power
Converter
• DC/DC Power
Converter
• Type 3
• Type 4
• Aircrah
• Spacecrah
• Applicafion
3
• Applicafion
4
Segments By Applicafion
Segments By Type
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6. GetFreeSample Report
Global AerospacePowerConverters Market Report Segments:
Themarket issegmented by TypeAC/DC Power Converter, DC/DC Power Converter and ByApplication Aircraft,
Spacecraft.
Some of the companies that are profiled in this report are:
1. Meggitt
2. ChampionAerospace
3. AvionicsInstruments
4. Collins Aerospace
5. Crane Aerospace &Electronics
6. Eaton
7. Gaia Converter
8. Honeywell Aerospace
9. Astronics
10. Georator
Aerospace Power Converters Market research report delivers a close watch on leading competitors with strategic
analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market
situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary
drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations,
merger &acquisitions along with trending innovation and business policiesare reviewed in the report.
KeyBenefits for Industry Participants &Stakeholders:
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7. Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recentindustry trends and developments
Competitive landscape &strategies of keyplayers
Potential &niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size,in terms of value
In-depth analysisof the Aerospace Power Converters Market
Overview of the regional outlook of the Aerospace Power Converters
Market:
Based on region, the market issegmented into North America, Europe, Asia Pacific,Latin America and Middle East &
Africa (MEA). North America region is further bifurcated into countries such asU.S., and Canada. The Europe region
is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further
segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America
region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided
into GCC,Turkey,South Africa, and Restof MEA.
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8. Aerospace Power Converters Market
Taxonomy
By Key Players
• Meggit
• Champion Aerospace
• Avionics Instruments
• Collins Aerospace
• Crane Aerospace &
Electronics
• Eaton
By Type
• AC/DC Power
Converter
• DC/DC Power
Converter
• Type 3
• Type 4
By
Applicafion
• Aircrah
• Spacecrah
• Applicafion 3
• Applicafion 4
By Region
• North America
• Europe
• Asia Pacific
• Lafin America
• Middle East &
Africa
Source: DataIntelo Analysis,
2021
Email: sales@dataintelo.com |Tel: +1 909 545 6473 |
www.dataintelo.com
Aerospace Power Converters
Market
GetFreeSample Report
Highlights of TheAerospacePowerConverters Market Report:
1. Themarket structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Aerospace Power Converters Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
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9. 5. Developments and trends in the market.
6. ByType:
1. AC/DC PowerConverter
2. DC/DC PowerConverter
7. ByApplication:
1. Aircraft
2. Spacecraft
8. Market scenario by region, sub-region, and country.
9. Market share of the market players, companyprofiles, product specifications, SWOTanalysis,and
competitive landscape.
10. Analysisregarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies,Macro &Micro economic factors are also included in the report.
We have studied the Aerospace Power Converters 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 2028.
Howyou may use our products:
Correctly Positioning NewProducts
Market Entry Strategies
BusinessExpansion Strategies
Consumer Insights
Understanding CompetitionScenario
Product &BrandManagement
Channel &CustomerManagement
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10. Identifying Appropriate Advertising Appeals
Fig. 04: Basis Point Share (BPS) Analysis, by Types, 2020 vs 2028
Source: DataIntelo
Analysis
Fig. 05: Market Atracfiveness Analysis by Types, 2020-2028
Source: DataIntelo
Analysis
XX
%
XX
%
XX
%
XX
%
XX
%
XX
%
0
%
20
%
10
%
40
%
30
%
50
%
60
%
70
%
80
%
90
%
100
%
202
0
202
8
Type
4
Type
3
DC/DC Power
Converter
AC/DC Power
Converter
CAGR
2020
-
27
-
XX%
+XX
%
+XX
%
Type 3, XX
Type 4, XX
DC/DC Power Converter, XX
AC/DC Power Converter, XX
Growth Potenfial
Global Aerospace Power Converters Market
Basis Point Share (BPS) & Market Atracfiveness
Analysis
Reasonsto Purchase the Aerospace Power Converters Market Report:
Thereport includes aplethora of information suchasmarket dynamicsscenario and opportunities during
the forecast period
Segmentsand sub-segments include quantitative, qualitative, value (USDMillion,) and volume (Units Million)
data.
Regional, sub-regional, and country level data includes the demand and supply forces along with their
influence on the market.
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11. Thecompetitive landscape comprises share of keyplayers, newdevelopments, and strategies in the last
three years.
Comprehensive companies o"ering products, relevant financial information, recent developments, SWOT
analysis,and strategies by these players.
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