Aerospace Power Converters Market Report 2025 (Global Edition)

Global Aerospace Power Converters Market Report 2024 Market Size Split by Type (AC/DC Power Converter, DC/DC Power Converter), by Application (Aircraft, Spacecraft, Unmanned Aerial Vehicles, Satellite...

Aerospace Power Converters Market Report Description

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Aerospace Power Converters Market Insights Video

Competitive Landscape of the Aerospace Power Converters Market

The major players focus on innovation, strategic collaborations, and product enhancements to gain a competitive edge. Advancements in power conversion technologies, compliance with stringent aerospace standards, and a strong emphasis on reliability contribute to the competitive landscape as players strive to meet the demands of the aerospace industry.

Aerospace Power Converters Industry News

• January 2023: Micross Components, Inc. ("Micross") agreed to purchase Infineon's HiRel DC-DC converter business, including hybrid and bespoke board-based power products, according to Infineon Technologies AG. This sale will allow Infineon to focus more on core semiconductor advancements for the high-reliability market while deemphasizing businesses that require more tailored product offerings for the high-reliability industry. The transaction is expected to finalize in the first quarter of 2023.

(Source: www.infineon.com/cms/en/about-infineon/press/press-releases/2023/INFXX202301-048.html)

Top Companies Market Share in Aerospace Power Converters Industry: (In no particular order of Rank)

• Meggitt
• Champion Aerospace
• Avionics
• Instruments
• Collins Aerospace
• Crane Aerospace & Electronics
• Eaton
• Gaia Converter
• Honeywell Aerospace
• Astronics
• Generator
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, the North America Aerospace Power Converters Market share was 40% of the total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue, owing to the region's technological advancements and a thriving aerospace industry. The region's key players focus on innovation, ensuring a competitive edge. With a strong presence of major aerospace companies and increasing investments in research and development, North America continues to be a significant contributor to the global aerospace power converters market. The region's strategic initiatives and commitment to cutting-edge technology position it as a key player in shaping the future of aerospace power conversion systems.

Europe is the fastest-growing category due to its thriving aerospace industry and technological advancements. Key European countries, such as the United Kingdom, Germany, and France, play pivotal roles in shaping the market landscape. Growing demand for fuel-efficient and lightweight aircraft and a focus on renewable energy sources propel the adoption of advanced power converter technologies. Moreover, stringent regulations emphasizing energy efficiency and environmental sustainability contribute to market expansion. Collaborations between aerospace companies and technological innovators further stimulate the development of cutting-edge power converter solutions. Europe is a dynamic hub for aerospace power converters, fostering innovation and sustainable aviation practices.

The current report Scope analyzes Aerospace Power Converters Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Aerospace Power Converters Market

As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Aerospace Power Converters industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.

According to Cognitive Market Research, the global Aerospace Power Converters market size was projected at USD XX billion, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX billion in 2023 and will extend at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030, owing to the region’s increasing demand for advanced avionics and electronic systems in modern aircraft. The rising focus on fuel efficiency, lightweight components, and integrating renewable energy sources contribute to the market's growth. As the aerospace industry continues to evolve, power converters play a crucial role in ensuring the efficient and reliable operation of electronic systems, driving innovation and enhancing aircraft's overall performance in the North American region. The North American segment of this market is characterized by robust technological advancements, stringent safety regulations, and a strong presence of key aerospace industry players, contributing to the overall growth and innovation in aerospace power converter technologies.

Europe Aerospace Power Converters Market

As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Aerospace Power Converters industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.

According to Cognitive Market Research, the global Aerospace Power Converters market size was projected at USD XX billion, out of which Europe held the major market of more than 30% of the global revenue with a market size of USD XX billion in 2023 and will extend at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030, owing to the technological advancements and increasing demand for efficient and lightweight power systems in the aviation sector. Europe's focus on sustainability, stringent regulations, and the need for innovative solutions are key drivers fostering the growth of power converter technologies. This market expansion is further fueled by collaborations between aerospace companies and research institutions, emphasizing the region's commitment to advancing aerospace power conversion technologies for enhanced efficiency and performance. With its prominent aerospace industry players and technological advancements, Europe contributes substantially to the market's expansion. The region's commitment to innovation and sustainability further propels the adoption of aerospace power converters, ensuring a dynamic and competitive market landscape.

Asia Pacific Aerospace Power Converters Market

As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Aerospace Power Converters industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.

According to Cognitive Market Research, the global Aerospace Power Converters market size was estimated at USD XX billion, out of which Asia Pacific held the major market of more than 22% of the global revenue with market size of USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 12.6% from 2023 to 2030 due to the region's expanding aviation sector, increasing defence expenditures, and growing demand for commercial aircraft are fueling the demand for advanced power converters. As Asia-Pacific continues to strengthen its aerospace capabilities, the market for power converters is expected to thrive, driven by the region's dynamic aviation industry and a surge in technological advancements in power conversion systems. Asia-Pacific's robust aviation sector, increasing defense budgets, and technological advancements contribute to the region's prominence in this market. As the aerospace industry evolves, the power converters market is poised for continued development, offering innovative solutions to meet the sector's evolving needs.

South America Aerospace Power Converters Market

As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Aerospace Power Converters industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.

According to Cognitive Market Research, the global Aerospace Power Converters market size was evaluated at USD XX billion, out of which Latin America held the major market of more than 5% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 10.6% from 2023 to 2030 due to the region's increasing demand for advanced avionics and electrical systems in modern aircraft. Key drivers include the growing emphasis on fuel efficiency, lightweight components, and the integration of advanced power management solutions to enhance overall aircraft performance. The Latin American region contributes to this trend as it seeks to modernize its aerospace capabilities, creating opportunities for power converter technologies to play a crucial role in aviation advancements. This market segment focuses on developing and supplying power converters tailored for aerospace needs, ensuring efficient and reliable power management in aircraft. Latin America's aerospace sector contributes to this market trend, reflecting the region's growing significance in the global aerospace industry.

Middle East and Africa Aerospace Power Converters Market

As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Aerospace Power Converters industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.

According to Cognitive Market Research, the global Aerospace Power Converters market size was projected at USD XX billion, out of which MEA held the major market of more than 3% of the global revenue with a market size of USD XX billion in 2023 and will raise at a compound annual growth rate (CAGR) of 10.7% from 2023 to 2030 due to the region's increasing demand for advanced avionics and electronic systems in the aviation industry. The growing emphasis on fuel efficiency, lightweight components, and the integration of power electronics in aircraft contribute to market expansion. The rapid growth of the Middle East and Africa's aerospace sector, coupled with a focus on technological advancements, fuels the demand for power converters, supporting the overall market growth in the region. Advanced technologies and the rising number of regional aircraft contribute to the market expansion. As aviation continues to evolve, power converters play a crucial role in enhancing overall system performance and efficiency in aerospace applications across the Middle East and Africa.

Aerospace Power Converters Market Analysis

Aerospace Power Converters Type Segment Analysis

According to Cognitive Market Research, AC/DC power converters held a prominent market share over the forecasted period. They are crucial components that convert alternating current (AC) to direct current (DC) in aerospace systems, ensuring efficient power distribution.

DC/DC Power converters are the fastest-growing category over the projected period. They play a vital role in transforming and regulating aircraft voltage levels, contributing to electronic systems' reliability and stability. These converter types cater to distinct power conversion needs in aerospace applications, reflecting the diverse requirements of modern aircraft systems for optimal performance, safety, and functionality.

• AC/DC Power Converter
• DC/DC Power Converter

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aerospace Power Converters Industry. Request a Free Sample PDF!

Aerospace Power Converters Application Segment Analysis

According to Cognitive Market Research, aircraft hold a prominent market share. They are crucial in converting and managing electrical power for various onboard systems, ensuring efficient and reliable operation.

Unmanned aerial vehicles are the fastest-growing category. They are essential for managing electrical power to support the diverse electronic systems.

• Aircraft
• Spacecraft
• Unmanned Aerial Vehicles
• Satellites

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Aerospace Power Converters Sub Type Segment Analysis

According to Cognitive Market Research, buck converters hold a prominent market share. They efficiently step down voltage levels, ensuring reliable power supply to aircraft systems. This sub-type is crucial for managing power in aerospace applications.

Boost converter is the fastest-growing category over the forecast period. They are pivotal in elevating voltage levels and enhancing overall power efficiency. Both buck and boost converters cater to specific needs within the aerospace industry, contributing to the seamless operation of electronic systems on aircraft.

• Buck Converter
• Boost Converter
• Buck-Boost Converter

Aerospace Power Converters End-User Segment Analysis

According to Cognitive Market Research, commercials hold a prominent market share. In this sector, the demand for power converters is driven by the aviation industry's need for efficient and reliable power management solutions in commercial aircraft.

The military is the fastest-growing category. In this sector, the demand for power converters is critical and plays a role in various defence applications, supporting communication systems, radar systems, and electronic warfare equipment. Stringent performance and reliability requirements characterize the military segment.

• Commercial
• Military
• Government

Aerospace Power Converters Platform Segment Analysis

According to Cognitive Market Research, the fixed wing holds a prominent market share. Commercial and military aircraft are anticipated to dominate the market due to increased air travel demand and defense spending. The need for efficient power management and advanced avionics systems drives the demand for power converters in fixed-wing platforms.

The rotary wing is the fastest-growing category. It includes helicopters, which are expected to witness steady growth, driven by the expanding roles of helicopters in both civilian and military applications. The versatility of power converters in enhancing electrical system performance contributes to their significance across diverse aerospace platforms.

• Fixed-Wing
• Rotary-Wing

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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