Market Overview:

The Global Aerospace Electrical Insert Market Is Expected To Be Valued At USD 12.13 Billion By 2022 And Grow At USD 18.29 Billion By 2030 With CAGR Of 5.0% During The Forecast Period 2022 To 2030.

Aerospace-grade electrical inserts are an important part of the galley equipment that is used on planes to make food and drinks for passengers and serve them. Aerospace-grade electrical inserts make it possible to use galley appliances like coffee makers, drink makers, microwaves, toasters, and hot water boilers on board. Galley equipment has to work often while in flight, so aerospace electrical inserts have to work well.

Aerospace electrical inserts make it possible to use galley equipment in a way that is safe for the cabin. This improves the experience for both airline crew and passengers. Because every airline operator wants something different, manufacturers must follow international and industry standards when it comes to flexibility and making aerospace electrical inserts that fit the needs of each customer. ATLAS or ARINC standards are usually needed for electrical inserts in aerospace all over the world. As the market gets more competitive, companies are rushing to make aerospace electrical inserts that are reliable, light, and easy to change to meet the needs of both new and old aircraft.

The galley of an airplane is the small kitchen that is on board. As galley equipment takes up the least amount of space and makes the best use of kitchen space by taking up the least amount of space, it is mostly used on airplanes. There are both electric and non-electric inserts in an airplane's galley. Electric insert has water boilers, coffee makers, drink makers, chillers, air chillers, dishwasher, food warmers, and a refrigeration system. The non-electric insert comes with a rack, pots for serving, tray, trolley, dishes, cooking tools, and a trash compactor. The galley in an airplane is where food is cooked and kitchen supplies are kept. Galleys are put on planes by companies that service or make them so that customers can get better service. Different types of aircraft, like narrow-body, wide-body, and very large body, all have this kind of kitchen equipment.

Market Dynamics:

Market Trends:

• Increasing Orders for Aircraft are Driving the Market Growth

Because there are more people flying, more planes are being ordered. A rise in tourism and a drop in the price of aviation fuel have also affected the need for new planes. Because of the rise in orders for new planes, the companies that make planes had to build a new production line to keep up with the demand. So, when the number of planes ordered goes up, more equipment, like EWIS, will be needed. The fast modernization of many industries around the world, such as aviation, defense, power generation, and petrochemicals, has made it more important to make changes and upgrades toward new technologies that are more efficient and cost-effective than old ways of doing things. Because of this, the compound annual growth rate (CAGR) of the worldwide electrical wiring interconnection system (EWIS) market is rising.

Also, lighter aircraft are being built right now to help the market grow. To make light aircraft more fuel-efficient, it may be necessary to give up cabin space, useful cargo, and a few knots of cruising speed. Cars can easily get more miles per gallon while still being able to take the whole family to faraway places in comfort. One reason for this is that they never have to leave the ground. But some planes fly in a "sweet spot" where their speed and fuel use work well together to give them a much longer range (nautical miles per gallon) than other planes of the same size and ability. We looked at the performance data of dozens of planes, from midsize jets to light sport aircraft (LSAs), and some of the differences we found were shocking. So, boosting the sales of the Electrical Wiring Interconnection System (EWIS).

Driving Factors:

• Digitalization and Electrification of Aircraft Systems

Digitalization makes operations more efficient and makes it easier for pilots to do their jobs. Strategic digital advances have led to a variety of easy-to-use software and services for airlines. It helps airlines with flight operations now and in the future by making it easier for them to do their jobs at each stage, which improves operations as a whole. Because of digitalization, every task in the cockpit is now done by a computer. Pilots are getting better access to a networked ecosystem of apps, services, and documents that will shape the future flight deck. Every part of the plane needs data and power cables to connect these digital systems.

Because fuel costs and carbon emissions are going up, we need to find other ways to get energy. So, electric planes are more efficient, quieter, and better for the environment. It also cuts down on how much fuel an airplane needs and how much it costs to run. For faster, more flexible, and more efficient transmission, wires and cables are used in electric aircraft systems.

So, both digitalizing and electrifying aircraft would raise the need for wires and cables for aircraft. W.L. Gore & Associates released the GWN3000 Series of high-performance aerospace wires in October 2020. These wires can handle higher voltages and have better mechanical strength and electrical reliability than other wires. They can also deliver enough power to replace systems that use combustion, hydraulics, and pneumatics.

• Rising Demand for Effective Fasteners  

Fasteners are hardware tools that are used to connect two or more pieces of an aircraft. Because it includes nuts, seals, rivets, bolts, screws, washers, and rings, the amount of fasteners used goes up. When putting together parts of an airplane, these parts are very important. The global aerospace and defense c-class parts market is growing because more and more people want fasteners that are resistant to corrosion and don't weigh much.

• Growing Defence Expenditures

In the last few years, the world has spent a lot more on the military. From 2017 to 2018, the world's military spending went up by about 2.6%, according to a report from the Stockholm International Peace Research Institute (SIPRI). The growth of the aerospace and defense c-class parts market is expected to be driven by the need for more technologically advanced aircraft like helicopters, fighter jets, and transport planes. This is because defense spending is going up.

Also, the aerospace industry is growing, and the product is being used more and more in aerospace applications to make them stronger and last longer, as well as in aircraft panels. This is expected to increase the demand for aerospace and defense c-class parts on the market. Also, the number of passengers is going up, and it's easy to get custom parts. These are two important factors that will likely help the aerospace and defense C class parts market grow between 2022 and 2029, when the forecast is made.

Restraints/Challenges:

• Additional Weight of Insulation and Shielding

Electric wires and cables make up the heaviest part of an airplane's electrical power system and a big chunk of the plane's total weight. So, replacing Copper (Cu) or Aluminum (Al) wires with lighter conductors that are much lighter would make an airplane use less fuel and allow it to take off with more weight. The biggest problem is how to protect sensitive electronic equipment from electromagnetic interference without making planes or spaceships much heavier. This means that the parts of wires and cables that block EMI can be improved to make aerospace systems lighter. To get around this problem, companies have made things like carbon nanotube fibers and films, metalized polymeric, carbon fibers, and fiber optics.

Companies that make aircraft wires and cables are working with airlines to make cables and wires that are lighter. For example, in January 2021, Nexans signed a contract with Airbus to provide specialized aerospace cables and wires for civilian and military aircraft and helicopters. Under the new contract, Nexans will provide high-performance, lightweight cables that are very important to the safety, comfort, and efficiency of aircraft. It would focus on finding new ways to make electric and hybrid planes. It will make most of the cables that Airbus needs for things like the cockpit, the engine, the cabin, the in-flight entertainment system, and the wings. There are hook-up cables, wire cables, power cables, data cables, avionics cables, and fire-resistant cables. In May 2020, GKN Aerospace and Eviation signed a contract with Alice All-Electric Aircraft for the advanced lightweight wing, empennage, and wiring systems. The agreement covers designing and making wings, empennage, and Electrical Wiring Interconnection Systems (EWIS). The plane is meant to make trips of up to 650 miles more environmentally friendly.

• Limited Suppliers and Long Lead Times

The market for aerospace electric inserts isn't very big, so there aren't many suppliers and some products have longer lead times. This can affect production schedules and shipping times.

• Increasing Competition from Alternative Technologies

The aerospace industry is looking into new technologies, like wireless communication and power transmission, that could replace some of the current electrical parts. This will make the market for aerospace electric inserts more competitive.

Opportunities:

• Demand for Electric Aircraft and Glass Cockpits

The military and aerospace fiber optic cables market should get a boost from the need for electric technology. Using more electric technology cuts down on fuel use and gives planes a reliable source of power. Mechanically driven engine parts, pumps, and generators can be replaced with systems that are powered by electricity. In the last few decades, there have been huge changes in how aircraft systems are built and how power is distributed. Companies like Boeing (US), Bombardier (Canada), and Airbus (France) are working on creating electrical systems to replace the old ones. This will improve the performance of aircraft and cut down on maintenance costs. Airbus started working on developing hybrid-electric propulsion systems in September 2021. The Airbus Flight lab helicopter has started testing a backup engine system that would work as an emergency electrical power system if the turbine failed.

The number of plane crashes with traditional cockpits has been going up, which has made more people want glass cockpits. In traditional cockpits, the flight instruments are shown on analog dials and gauges, but in glass cockpits, they are shown on large LCD screens. All of the displays in a glass cockpit use data bus technology, which uses fiber optic cables to move data quickly. Throughout the plane, line-replaceable units (LRUs) with sensors and fiber optic cables are used with data bus technology. This technology makes it easier for aircraft systems and the cockpit to talk to each other. So, the use of glass cockpits in planes affects the growth of the market for military and aerospace fiber optic cables. Collins Aerospace and GMF decided in November 2021 to add a digital cockpit to the Indonesian Air Force C-130H plane.

• Increasing Adoption of 3D Printing Technology

The growth of the aerospace electrical inserts market is also helped by the fact that 3D printing is becoming more popular. More and more parts and components are being made with 3D printing technology in the aerospace industry. This is likely to make people want 3D-printed parts more in the future.

Strategic Development:

• In June 2020 - Nicomatic and the CEA LIST Institute worked together to make Orthogonal Multi-tone Time Domain Reflectometry (OMTDR) technology. This makes it possible for aircraft EWIS to share network analysis and sensor intelligence without affecting network traffic.
• In May 2020 - Eviation chooses GKN Aerospace to make key parts for the Alice aircraft that is being built.
• In November 2021- Collins aerospace, which is part of Raytheon technologies, announced that it was buying Dutch Thermoplastic Components (DTC), which was a leader in developing and making structural thermoplastic composite parts. With this purchase, Collins will use more advanced thermoplastics to make planes lighter and use less fuel.
• In July 2021 - TE Connectivity started selling its Rochester Greaseless Cable Technology, which makes downhole logging in the field more efficient. In cased hole operations, this solution can be used instead of steel cables. It has a lower coefficient of friction than traditional wireline cables, which use a material that is specially made to cover the cable. It has made it easier to set up and take down the rig. It moves more quickly than traditional wireline. It is better for the environment than traditional downhole wireline cables because it is cleaner.
• In January 2021 - Carlisle announced its new UTiPHASE microwave cable assembly series. It is an innovative solution that provides excellent electrical phase stability as a function of temperature without sacrificing microwave performance. UTiPHASE is perfect for applications in defense, space, and testing.

Key Vendors:

Top market players are

• Zodiac Aerospace

Zodiac Aerospace is the world leader in aerospace equipment and systems for commercial, regional, and business aircraft, as well as for helicopters and space applications. Its main areas of expertise are passenger comfort, onboard systems, and safety, both in the air and on the ground.

• Safran

Safran is an international high-tech company that works in the aviation (propulsion, equipment, and interiors), defense, and space markets. Its main goal is to make the world safer and more sustainable by making air travel safer, more comfortable, and easier to get to.

• Ipeco Holdings Ltd.

Ipeco Holdings Limited is a company that works in aerospace engineering. The company makes aircraft interiors, aircraft upholstery products, flight decks, and galley equipment for both commercial and military aircraft. It also makes power management products and machined components for the defense electronics and engineering industries.

• Diehl Stiftung & Co. KG

Diehl Stiftung & Co. KG makes forgings and semi-finished goods. The company sells these kinds of products to the auto, electronics, and sanitation industries, as well as to European companies that make home appliances and heaters. Diehl Stiftung has customers all over the world.

• Bucher Leichtbau AG

Bucher Leichtbau AG was founded in 1953. The Company makes guided missiles and space vehicles as part of its business.

• Aerolux Ltd.

Aerolux Limited is a CAA Part 21-approved manufacturing company that was set up in 1988 to maintain and make galley equipment for airplanes. The company can make refrigerators, coffee makers, drink makers, ovens, and service carts, among other things.

• Korita Aviation (Suzhou) Co. Ltd.

Korita Aviation is known all over the world for making high-quality galley insert equipment for the airline and railroad industries. We design, build, and ship galley insert equipment all over the world to airlines, lessors, catering companies, and rail operators.

• DYNAMO Aviation

DYNAMO Aviation is a top company that makes custom-engineered products for aircraft manufacturers, airlines, aircraft operators, completion centers, and maintenance, repair, and overhaul (MRO) companies all over the world. DYNAMO has built a strong reputation in the market by helping customers solve difficult problems with innovative solutions that are made to work better, be more reliable, and offer better value.

• Loipart AB

Loipart AB began in the year 2003. The main thing the company does is sell industrial machinery and equipment at a wholesale level.

• AIM Altitude

AIM Altitude designs, builds, certifies, and takes care of the cabin interiors of Airbus, Boeing, and military aircraft for the world's largest airlines. From state-of-the-art social spaces and unique monuments to galleys and storage spaces, the ship has it all.

Segmentation Analysis:

The market is segmented on the basis of aircraft type, insert type, end-user and region.

By Aircraft Type:

There are narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets on the market. Wide-body aircraft are expected to be the ones that create the most demand for galley equipment in the near future. The galley equipment market for this segment is mostly driven by four aircraft (B787, A350XB, B777, and A330). During the pandemic, the biggest drop was in wide-body aircraft (2020 and 2021). The market situation got even worse when the B787 had to be grounded in 2021. The market for this segment has started to recover since 2022, and there will be a lot of opportunities in the near future. Also, because international air traffic is picking up faster, airframers are speeding up the rate at which they build wide-body aircraft programs.

• Narrow Body Aircraft 
• Wide Body Aircraft 
• Very Large Body Aircraft 
• Private Jet

By Insert Type:

There are electric inserts and non-electric inserts on the market. Electrical inserts include a beverage maker, a chiller, a water boiler, a coffee maker, a food warmer, and more. Serving pots, racks or trays, galley trolleys, and other inserts are the different kinds of non-electrical inserts. Due to the growing demand for water boilers, beverage makers, and chillers, the electrical insert type is expected to continue to have a larger market share over the next five years.

• Oven 
• Coffee & Beverage Maker 
• Water Boilers 
• Dishwasher 
• Refrigeration & Chilling System

By End-User:

The market is split into two parts: OE and aftermarket. During the time frame of the projection, the OE segment is expected to be the most important part of the market. The main reasons for its dominance are the huge backlogs of aircraft orders at key airframers and a market that is getting better. Boeing and Airbus have already said they want to slowly increase their production, which will have an effect on the market at the OE level. Also, COMAC's entry may show that there is a need for galley equipment at this level. When old galley equipment is replaced with new, modern solutions that are light, use less fuel, and take up less space, the aftermarket level will grow by a lot.

• OE
• Aftermarket

Regional Insights:

The global market for Aerospace Electrical Inserts has been broken down by geography into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA).

In the next 5 to 10 years, there will be a lot more demand for aerospace electrical inserts. This is because private charter jets and domestic and international airlines will need more of them. Asia-Pacific is expected to be a big market for aerospace electrical inserts because it is home to economies that are growing quickly and where both domestic and international aircraft are growing quickly. Airlines in the region are buying a lot of new planes and driving the market for aerospace electrical inserts, with a focus on high levels of customer service and a growing need for aircraft modifications. Due to stable demand and a high demand for customization, Europe and North America are becoming important markets for aerospace electrical inserts. The aerospace electrical inserts market is growing in China, India, the United States, Germany, the United Kingdom, and the United Arab Emirates, among other places.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Scope of Report:

Conclusion:

• The size of the market for aerospace electrical inserts has been looked at in all regions.
• The report talks about the current trends in the Aerospace electrical inserts market and the size of the market in the future. This helps investors figure out where the best opportunities and investment pockets are.
• Maps have been made of the major countries in the region based on how much money each of them brings into the regional market.
• In the study, the key market drivers, market restraints, market opportunities, and their effects are broken down in detail.