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Aircraft Generators Market
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Aircraft Generators Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS2301042, Published - January 2025

Segmented in Generator Type (Rotary, Static), Aircraft Type (Commercial Aircraft, Military Aircraft, Cargo Aircrafts, Private Jets), Power Capacity, Technology and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Aircraft Generators Market Outlook

The emergence of Aircraft Generators is transforming the aviation sector. The market, for Aircraft generators was estimated at $6.2 billion in 2024. It is anticipated to increase to $8.9 billion by 2030 with projections indicating a growth to around $12.0 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 6.2% over the forecast period. Influencing the landscape of contemporary transportation methods significantly.


Aircraft generators play a role in supporting the electrical systems on board aircraft and ensuring the smooth operation of aviation activities. They are known for their durability and dependability, with maintenance requirements to meet the high standards of the aviation industry.


Market Size Forecast & Key Insights

2019
$6.2B2024
2029
$11.3B2034

Absolute Growth Opportunity = $5.1B

The Aircraft Generators market is projected to grow from $6.2 billion in 2024 to $11.3 billion in 2034. This represents a CAGR of 6.2%, reflecting rising demand across Main Power Source, Ground Power Units (GPU) and Auxilliary Power Units (APU).

The Aircraft Generators market is set to add $5.1 billion between 2024 and 2034, with manufacturer targeting Military Aircraft & Cargo Aircrafts Aircraft Type projected to gain a larger market share.

With Rising aircraft fleet expansion, and Technological advancements in electric systems, Aircraft Generators market to expand 82% between 2024 and 2034.

Opportunities in the Aircraft Generators Market

Emerging Markets and Economic Development

The aviation industry can experience expansion opportunities in developing regions like Southeast Asia ​‌​​​‌​​​‌​‌​​ and Latin America due to their impressive economic progress ‌​​​‌​‌​​ and the resulting surge, in commercial air travel demands and need for additional aircrafts and their parts‍‍‍‌​​​ ​ ​​ ‌​​ ​ ‍.

Expansion in Electric Aircraft Market and Untapped Military Applications

The rising concerns about sustainability are leading to a significant growth, in the electric aircraft industry as it expands rapidly. Generator manufacturers have an opportunity to innovate and cater to the increasing electrical demands of this market segment. By offering dependable and eco friendly generator solutions that are also efficient they could potentially transform the market landscape and drive business growth.

Military planes require performing generator systems that are durable and flexible to function smoothly in tough situations. The integration of cutting edge technologies like intelligence and predictive maintenance into generator development might open up fresh opportunities for military usage. These efforts could potentially enhance the quality of power solutions, in the industry and promote market expansion.

Growth Opportunities in North America and Europe

Europe Outlook

In Europe's aerospace and defense sector that closely mirrors North America's focus on the industry giants like Airbus and Rolls Royce lay a strong foundation for the regions market growth and innovation drive supported by favorable regulations and substantial investments in green technology initiatives while also creating opportunities for smaller players, with unique and budget friendly solutions to thrive in the expanding market landscape.

North America Outlook

North America plays a role in the Aircraft Generators Market as it is home to major aviation leaders like Boeing and Lockheed Martin. With investments in defense and commercial airlines driving growth. The market dynamics are influenced by progress in aircraft generators and ongoing changes in the aviation sector. Yet it faces competition from developing countries, with lower manufacturing expenses.

North America Outlook

North America plays a role in the Aircraft Generators Market as it is home to major aviation leaders like Boeing and Lockheed Martin. With investments in defense and commercial airlines driving growth. The market dynamics are influenced by progress in aircraft generators and ongoing changes in the aviation sector. Yet it faces competition from developing countries, with lower manufacturing expenses.

Europe Outlook

In Europe's aerospace and defense sector that closely mirrors North America's focus on the industry giants like Airbus and Rolls Royce lay a strong foundation for the regions market growth and innovation drive supported by favorable regulations and substantial investments in green technology initiatives while also creating opportunities for smaller players, with unique and budget friendly solutions to thrive in the expanding market landscape.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, Germany, China, United Kingdom, France are expected to grow at 4.0% to 6.0% CAGR

2

Emerging Markets : India, Brazil, Indonesia are expected to grow at 7.1% to 8.6% CAGR

Market Analysis Chart

Airplane generators play a role in the aerospace sector by providing power to different systems onboard like navigation tools and cabin lighting among others shared experts in the field of aviation technology.They highlighted that several factors such as advancements in aircraft technology and a focus on fuel efficiency are shaping the demand for aircraft generators, in the market.

Recent Developments and Technological Advancement

December 2024

Electrical Aerospace Applications introduced its compact and highly efficient aircraft power generators that are changing the landscape of aviation power supply.

October 2024

GE Aviation Systems secured a contract worth billions to supply advanced electrical generators for commercial airplanes. This achievement further solidifies their standing in the market.

July 2024

Honeywell Aerospace unveiled their state of the art lightweight aircraft generators with the goal of cutting down on aircraft weight and enhancing fuel efficiency.

Advancements in the Aircraft Generators market in years have largely been fueled by the rising need for fuel efficient aircraft and compliance with greenhouse gas emission regulations. A notable trend is the incorporation of an electric architecture, in upcoming generations of aircraft.

Impact of Industry Transitions on the Aircraft Generators Market

As a core segment of the Aerospace & Defense industry, the Aircraft Generators market develops in line with broader industry shifts. Over recent years, transitions such as Shift Towards More Electric Aircraft and Increase in Demand for Hybrid-Electric Propulsion Systems have redefined priorities across the Aerospace & Defense sector, influencing how the Aircraft Generators market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Shift Towards More Electric Aircraft :

The market for aircraft generators is undergoing a shift towards More Electric Aircraft . MEAs are replacing pneumatics and hydraulics systems with electrically powered parts to meet the growing need, for more efficient aircraft generators. This change is driven by the goal of enhancing fuel efficiency and reducing emissions while also improving the reliability and lifespan of aircraft.

2

Increase in Demand for Hybrid-Electric Propulsion Systems:

A significant shift that stands out is the increasing favor towards electric propulsion systems in airplanes driven by the aim for enhanced energy efficiency and quieter operations while focusing on decarbonization goals. These hybrid setups necessitate generators to meet their electrical demands leading to the advancement and broadening of the market, for aircraft generators.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Aerospace & Defense industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Aerospace & Defense industry cascade into the Aircraft Generators market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Rising Aircraft Fleet Expansion, and Increase in Demand for More Fuel-Efficient Aircraft

The aviation sector is also rapidly expanding as airlines continue to grow their fleets which boosts the need, for aircraft generators to power onboard systems and also drives the market for aircraft generators up.
There is also an increasing focus on improving fuel efficiency and decreasing carbon emissions in the aviation industry as of late. Given the role that aircraft generators play in energy conservation their popularity is also, on the rise resulting in significant market expansion.
The demand for efficient and dependable generators in aircraft has also grown alongside the increasing use of sophisticated electronic systems for navigation and control purposes, in the aviation industry.

Restraint: High Manufacturing and Maintenance Costs

One significant challenge that could slow down the expansion of the Aircraft Generators industry is the manufacturing and upkeep costs linked to these devices. To ensure durability during flight conditions harshness high quality materials are essential for constructing these generators. Its important to mention that keeping these generators operating effectively requires detailed maintenance checks. Meeting all these criteria involves financial investments that may not be feasible for every airline or aircraft operator. This situation could restrict the adoption of generators, in the market and ultimately impede market growth.

Challenge: Strict Regulatory Environment

One major challenge hindering the expansion of the Aircraft Generators industry is the regulations governing aviation equipment.

Supply Chain Landscape

Raw Material Providers

Alcoa Corporation

Carpenter Technology Corporation

Component Manufacturers

Safran

Honeywell Aerospace

Assembly & Integration
Hamilton Sundstrand / Thales SA
End User Industries
Civil Aviation / Military Aviation
Raw Material Providers

Alcoa Corporation

Carpenter Technology Corporation

Component Manufacturers

Safran

Honeywell Aerospace

Assembly & Integration

Hamilton Sundstrand

Thales SA

End User Industries

Civil Aviation

Military Aviation

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Commercial Aviation
Aviation
Honeywell International, Inc.
Emphasizing durable designs to deliver reliable power and promote safety
Military Aviation
Defense
AeroVironment, Inc.
Focusing on robust, battle-tested generators for various military-grade crafts
Cargo Aircrafts
Logistics
Safran Power Units
Developing versatile systems for airplanes of all sizes, ensuring sustained power during long hauls
Private Jets
Luxury Travel
Thales Group
Designing tailor-made compact yet powerful generators for private and business jets

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Aircraft Generators market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Aircraft Generators in Ground Power Units (GPU), Main Power Source and Auxilliary Power Units (APU)

Ground Power Units (GPU)

Airplane generators are used as Ground Power Units providing power to aircraft while they are parked at the airport for inspections and upkeep tasks instead of using onboard APUs to save fuel costs and lower carbon emissions; Hobart Ground Power stands out as a prominent player, in this sector.

Main Power Source

Airplane generators are commonly used as the power sources aboard planes. They transform energy into electrical power to support various electrical systems necessary for flight activities and onboard services as well as managing avionics systems. One key benefit is their dependability since many aircraft are equipped with generators to guarantee an uninterrupted power supply in case of a malfunction. Safran is a player, in this industry.

Auxilliary Power Units (APU)

An important but lesser known use of aircraft generators is in Auxiliary Power Units . These units are usually situated at the back of an aircraft. Are powered by a generator to supply electricity when the main engines are shut down during key moments, like take off or landing. This helps conserve fuel and lessen noise and emissions which in turn supports effective and environmentally friendly operations. Honeywell International Inc plays a role in this sector.

Aircraft Generators vs. Substitutes:
Performance and Positioning Analysis

Airplane generators offer power supply with a great power to weight ratio; however they may be more expensive compared to options such as ram air turbines and batteries They hold a unique position with promising growth opportunities due to the rising trend, in aircraft production.

Aircraft Generators
  • Auxiliary Power Units /
  • Ram Air Turbines /
  • Ground Power Units
    High efficiency, durable and reliable
    High maintenance costs, Noise pollution
    Cost-effectiveness, lower maintenance requirement
    Limited power output, not suitable for larger aircrafts

Aircraft Generators vs. Substitutes:
Performance and Positioning Analysis

Aircraft Generators

  • High efficiency, durable and reliable
  • High maintenance costs, Noise pollution

Auxiliary Power Units / Ram Air Turbines / Ground Power Units

  • Cost-effectiveness, lower maintenance requirement
  • Limited power output, not suitable for larger aircrafts

Airplane generators offer power supply with a great power to weight ratio; however they may be more expensive compared to options such as ram air turbines and batteries They hold a unique position with promising growth opportunities due to the rising trend, in aircraft production.

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Research Methodology

This market research methodology defines the Aircraft Generators market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Aerospace & Defense ecosystem, we analyze Aircraft Generators across Rotary and Static Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

International Air Traffic Association (IATA)

EDA - Europe / NATO Publications

Aerospace Industries Association (AIA)

SIPRI / World Bank Database

CFR - Conflict Tracker

Annual Reports / Industry Magazines / Country Level Ministerial Sources

• NAICS - Economic Statistics (US, Canada)

We benchmark competitors such as Honeywell International Inc, Safran SA, and MarathonNorco Aerospace Inc by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Providers, Component Manufacturers, and Assembly & Integration. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Aerospace & Defense revenues to estimate the Aircraft Generators segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Providers (Alcoa Corporation, Carpenter Technology Corporation), Component Manufacturers (Safran, Honeywell Aerospace), and Assembly & Integration. Our parallel substitute analysis examines Auxiliary Power Units, Ram Air Turbines, and Ground Power Units, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Honeywell International Inc, Safran SA, and MarathonNorco Aerospace Inc, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Aircraft Generators market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Aircraft Generators Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 6.6 billion
Revenue Forecast in 2034USD 11.3 billion
Growth RateCAGR of 6.2% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 20246.2 billion
Growth OpportunityUSD 5.1 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20246.2 billion USD
Market Size 20277.4 billion USD
Market Size 20298.4 billion USD
Market Size 20308.9 billion USD
Market Size 203411.3 billion USD
Market Size 203512.0 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredGenerator Type, Aircraft Type, Power Capacity, Technology
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledHoneywell International Inc, Safran SA, MarathonNorco Aerospace Inc, Thales Group, UTC Aerospace Systems, Aerospace Systems & Components Inc, Skurka Aerospace Inc, Eaton Corporation PLC, Allied Technologies, Avionic Instruments LLC, Astronics Corporation and GE Aviation
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Aircraft Generators Market Size, Opportunities & Strategic Insights, by Generator Type

4.1Rotary
4.2Static
Chapter 5

Aircraft Generators Market Size, Opportunities & Strategic Insights, by Aircraft Type

5.1Commercial Aircraft
5.2Military Aircraft
5.3Cargo Aircrafts
5.4Private Jets
Chapter 6

Aircraft Generators Market Size, Opportunities & Strategic Insights, by Power Capacity

6.1Low Power
6.2High Power
Chapter 7

Aircraft Generators Market Size, Opportunities & Strategic Insights, by Technology

7.1Traditional
7.2Advanced
Chapter 8

Aircraft Generators Market, by Region

8.1North America Aircraft Generators Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Aircraft Generators Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Aircraft Generators Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Aircraft Generators Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Aircraft Generators Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Aircraft Generators Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Honeywell International Inc
9.2.2Safran SA
9.2.3MarathonNorco Aerospace Inc
9.2.4Thales Group
9.2.5UTC Aerospace Systems
9.2.6Aerospace Systems & Components Inc
9.2.7Skurka Aerospace Inc
9.2.8Eaton Corporation PLC
9.2.9Allied Technologies
9.2.10Avionic Instruments LLC
9.2.11Astronics Corporation
9.2.12GE Aviation