Aircraft Electrical System Market Outlook: The Rise of More-Electric Aircraft
According to a new report by Polaris Market Research, the global aircraft electrical system market was valued at USD 19.37 billion in 2020 and is projected to reach USD 28.32 billion by 2028, expanding at a CAGR of 6.5% over the forecast period. Growth is underpinned by the industry's shift toward more electric aircraft, rising power demand from modern integrated avionics, and the...
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