全球飛機用繼電器、接觸器市場:各飛機、產品、流通、安培、地區 - 市場規模，佔有率，趨勢，預測，及競爭分析(2020年∼2025年)
Aircraft Relays & Contactors Market by Aircraft Type (Commercial Aircraft, Military Aircraft, General Aviation, & Others), Product Type, Distribution Type, Ampere Type, & Region, Size, Share, Trend, Forecast, & Competitive Analysis: 2020-2025
|出版日期||內容資訊||英文 238 Pages
|全球飛機用繼電器、接觸器市場:各飛機、產品、流通、安培、地區 - 市場規模，佔有率，趨勢，預測，及競爭分析(2020年∼2025年) Aircraft Relays & Contactors Market by Aircraft Type (Commercial Aircraft, Military Aircraft, General Aviation, & Others), Product Type, Distribution Type, Ampere Type, & Region, Size, Share, Trend, Forecast, & Competitive Analysis: 2020-2025|
|出版日期: 2019年10月30日||內容資訊: 英文 238 Pages||
Aircraft Relays & Contactors Market by Aircraft Type (Commercial Aircraft, Military Aircraft, General Aviation, Helicopter, and Regional Aircraft), by Product Type (Relays and Contactors), by Distribution Type (Primary Distribution System and Secondary Distribution System), by Ampere Type (0-5 Amp, 5-25 Amp, and more than 25 Amp), and by Region (North America, Europe, Asia-Pacific, and Rest of The World): Size, Share, Trend, Forecast, & Competitive Analysis: 2020-2025.
Aircraft Relays & Contactors Market Insights
In the aircraft industry, electrical systems play the most critical role as these systems ensure the smooth supply of power to the necessary aircraft systems. Electrical systems are broadly classified into power generation, power distribution, power conversion, and energy storage. Power generation and power distribution are the pith elements in aircraft electrical systems in which power generation system comprises main generators, auxiliary power unit generators, and emergency power unit generators, whereas power distribution system mainly comprises relays, contactors, circuit breakers, fuses, and solid-state power controllers (SSPCs). The power distribution system is further classified as primary and secondary power distribution. Relays are generally a part of secondary power distribution, whereas contactors are generally a part of primary power distribution.
Relays & contactors are electromechanical switches that help in operating contact terminals and are used to channel the power from one electrical device to another. They control one electrical circuit by opening and closing contacts in other circuits and are useful in protecting the electrical system from arc faults and overloads. Both relays and contactors can be purely electromechanical or can incorporate circuitry for time delay as well as circuit protection. There is a growing interest in integrating sensors into relays and contactors used in the aircraft industry for the enhancement of their overall efficiency.
Aircraft relays & contactors market is extrapolated to grow at an impressive rate over the next five years to reach an estimated value of US$ 625.7 million in 2025. Increasing aircraft deliveries fuelled by rising passenger traffic, increasing aircraft fleet size, and the growing trend towards more electric aircraft driven by a shift from hydraulic and pneumatic systems to electrical systems in modern aircraft programs are the major factors escalating the growth of aircraft relays & contactors market.
A noteworthy trend creating a disrupting environment in the market is that the industry is moving away from conventional 28 Vdc to 270 or 540 Vdc systems. Such dynamics in the electrical systems are in the wake of the ever-increasing electrical demand while meeting the SWaP requirements of the industry. Such trend has created ample challenges as well as opportunities for relay and contactor manufacturers in suitably designing the product to meet industry demands efficaciously.
In recent years, the market has witnessed gradual consolidation as major players are acquiring other players to strengthen their product portfolio and expand their geographical reach. Some of the foremost mergers & acquisitions that took place in the market include the acquisition of Zodiac Aerospace by Safran S.A in 2018 and the acquisition of aerospace power distribution system and cockpit division of Eaton Corporation by Safran S.A. in 2014. More recently in 2019, TE Connectivity, leading connectivity and sensor solution provider, acquired Kissling Group, which is a German high-power and high-voltage relays supplier for various industries including aerospace.
Aircraft Relays & Contactors Market Share Analysis
Aircraft Relays & Contactors Market Share by Aircraft Type
The market is segmented based on the aircraft type as commercial aircraft, military aircraft, general aviation, helicopter, and regional aircraft. Commercial aircraft are expected to remain the largest segment of the market during the forecast period. Increasing deliveries of commercial owing to rising air passenger traffic, growing demand for more electric aircraft, and increasing aircraft fleet size are the key growth drivers of the segment's market.
Aircraft Relays & Contactors Market Share by Product Type
Based on the product type, the market is segmented into relays and contactors. Contactors are likely to remain the larger segment of the aircraft relays & contactors market during the forecast period. They are generally of high power and are very high-value products as compared to relays. Dramatic design changes, especially in developing high-performance contactors with lower dissipation, are leading to the development of smart contactors, addressing additional market requirements of weight and size.
Aircraft Relays & Contactors Market Share by Delivery Type
Relays and contactors used in the aircraft industry come in a wide range of ampere ratings, ranging from small ampere ratings to hundreds of amperes. The market is segmented based on ampere type as 0-5 Amp, 5-25 Amp, and more than 25 Amp. Contactors are generally rated to switch higher loads and come in high-ampere rating range, whereas relays are generally having low-ampere rating range. The rating has been designed to meet the application requirements. More than 25 Amp is likely to remain the largest segment in the foreseen future.
In terms of region, North America is projected to remain the largest market for aircraft relays & contactors during the forecast period. The USA is the growth engine of the region's market and has the largest fleet of military aircraft and one of the largest fleets of commercial aircraft in the world. The presence of all major aircraft OEMs, tier players, relays & contactors suppliers, and component manufacturers are primarily driving the aircraft relays & contactors market in the country.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, and upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ).
The supply chain of this market comprises of raw material suppliers, relays & contactors manufacturers, distributors/part brokers, tier players, aircraft OEMs, MRO companies, and aircraft leasing companies. The key players in the aircraft relays & contactors market are Esterline Technologies Corporation, Safran S.A., Collins Aerospace, Amtek Inc., FIRST SwitchTech, Teledyne Technologies, and TE Connectivity. The formation of long-term contracts, the development of highly efficient and lightweight components, and strategic alliances are the key strategies adopted by major players to gain a competitive edge in the market.
For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research's internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.
The market is segmented in the following ways:
Aircraft Relays & Contactors Market Size, Share & Forecast by Aircraft Type:
Aircraft Relays & Contactors Market Size, Share & Forecast by Product Type:
Aircraft Relays & Contactors Market Size, Share & Forecast by Distribution Type:
Aircraft Relays & Contactors Market Size, Share & Forecast by Ampere Type:
Aircraft Relays & Contactors Market Size, Share & Forecast by Region: