Aircraft Electrical Solid-State Power Controller Market Growth & Forecast Analysis

Q: What is a solid state power controller

Solid state power controllers SSPCs are semiconductor devices that primarily control power voltage and current supplied to a load They are an important constituent of the aircrafts electrical power distribution systems which are largely responsible for controlling switching protecting and isolating the aircrafts electrical circuits They perform supervisory and diagnostic functions in order to identify the overload conditions and prevent short circuits In recent years SSPCs have been replacing contactors and circuit breakers for circuit protection due to their faster operation and high service life expectancy

Q: Who are the key players in the aircraft solid state power controller SSPC market

Safran Group Collins Aerospace Raytheon Technologies Corporation GE Aviation TransDigm Group Leach International Corporation and AMETEK Inc are some of the key players in the market

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Report Summary

Table of contents

Market Highlights

"The aircraft electrical solid-state power controller or SSPC market was valued at US$ 263 million in 2023 and registered a healthy growth of +5.0% during 2024-2032."

Solid-state power controllers (SSPCs) are semiconductor devices that primarily control power (voltage and current) supplied to a load. They are an important constituent of the aircraft's electrical power distribution systems, which are largely responsible for controlling, switching, protecting, and isolating the aircraft's electrical circuits. They perform supervisory and diagnostic functions in order to identify overload conditions and prevent short circuits. In recent years, SSPCs have been replacing contactors and circuit breakers for circuit protection, due to their faster operation and high service life expectancy.

Recent tribulations in the industry caused a stroke of bad luck not just for the aircraft SSPCs market stakeholders, but for the entire aerospace realm. During the past few years, the industry struggled to stay afloat amid the COVID-19 thunderstorm. The existing dark clouds of the B737 MAX grounding acted as hay to the fire. The grave impact of this struggle was evident in the aircraft SSPCs market during 2020-2021. However, the last few years have been a journey toward a slow and steady recovery. This has posed 2024 as a year full of ample opportunities and growth.

Recent Product Developments: Key focus areas for leading players include lightweight and compact designs and the ability to function efficiently at high power.

Recent Market JVs and Acquisitions:

2019: TransDigm acquired Leach International Corporation
2023: Safran acquired Thales' aeronautical electrical systems business

Segment Analysis

Segmentations	List of Sub-Segments	Dominant and Fastest-Growing Segments
Aircraft-Type Analysis	Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, Helicopter, and UAV.	Commercial aircraft to maintain its indubitable lead during 2024-2032. UAV is likely to mark the highest growth during the forecast period.
Phase-Type Analysis	Single-Phase SSPCs and Three-Phase SSPCs	Three-phase SSPCs to generate higher demand during the next eight years.
Fit-Type Analysis	OE and Aftermarket	OE is estimated to remain the more attractive segment till 2032.
Regional Analysis	North America, Europe, Asia-Pacific, and Rest of the World	North America is expected to remain the largest market over the forecast period, whereas Asia-Pacific is likely to experience the highest CAGR.

Aircraft Insights

"Commercial aircraft accounted for the largest market share."

Based on the aircraft type, the market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, and UAV. Commercial aircraft are expected to remain at the forefront and grow at a healthy pace during the forecast period. Both Airbus and Boeing finished 2023 with a bang, with Airbus breaking three industry records. For the year 2023, Airbus received 2,319 gross orders and delivered 735 aircraft. Boeing on the other hand received 1,456 gross orders and delivered 528 aircraft.

Phase Insights

"Three-phase SSPC accounted for the largest market share."

Based on the phase type, the market is segmented into single-phase SSPCs and three-phase SSPCs. Between these phase types, three-phase SSPC is expected to remain the dominant phase-type in the market during the forecast period. Single-phase SSPCs are suitable for smaller aircraft or sub-systems of large aircraft. Three-phase SSPCs are designed to handle higher electrical power as compared to single-phase SSPCs; hence, they are suitable for large aircraft and crucial applications where high-power management is required.

Regional Trends

"North America accounted for the largest market share."

In terms of regions, North America is expected to remain the largest market for aircraft SSPCs during the forecast period. North America and Europe steered the market with a collective share of >75% in 2023. The favored place for aircraft manufacturing, North America grabbed the biggest chunk of the market and is likely to maintain its undeniable dominance till 2032. Airbus surpassed Boeing in terms of deliveries, winning the deliveries crown for the fifth consecutive year. This ultimately fuels the European market. Key thrust-bearer for North America: the USA, for Europe: France and Germany, and for Asia-Pacific: China and India. Emerging players in Asia-Pacific, such as Shanghai HYJAS Electronics Co. Ltd., Infineon Technologies, and YoungPoong Electronics Co., Ltd., are fueling the long-term region’s growth.

Key Players

The following are the key players in the aircraft SSPCs market:.

Safran Group
Collins Aerospace (Raytheon Technologies Corporation)
TransDigm Group (Leach International Corporation)
GE Aviation

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

What deliverables will you get in this report?

Key questions this report answers	Relevant contents in the report
How big is the sales opportunity?	In-depth analysis of the Aircraft Electrical Solid-State Power Controller (SSPC) Market
How lucrative is the future?	Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?	Global, regional and country level historical data and forecasts
Which are the most attractive market segments?	Market segment analysis and forecast
Which are the top players and their market positioning?	Competitive landscape analysis, Market share analysis
How complex is the business environment?	Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?	Drivers & challenges
Will I get the information on my specific requirement?	10% free customization

Target Audience

Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert:

Distributors
Suppliers
Manufacturers
Logistics organizations
Government bodies

The Aircraft SSPCs Market is segmented into the following categories:

By Aircraft Type

Commercial Aircraft
Regional Aircraft
General Aviation
Helicopter
Military Aircraft
UAV

By Phase Type

Single-Phase SSPCs
Three-Phase SSPCs

By Fit Type

Original Equipment
Aftermarket

By Region

North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft electrical solid-state power controller (SSPC) market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a 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. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in Europe and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)

Competitive Benchmarking

Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

Frequently Asked Questions (FAQs)

What is a solid-state power controller?

Solid-state power controllers (SSPCs) are semiconductor devices that primarily control power (voltage and current) supplied to a load. They are an important constituent of the aircraft's electrical power distribution systems, which are largely responsible for controlling, switching, protecting, and isolating the aircraft's electrical circuits. They perform supervisory and diagnostic functions in order to identify the overload conditions and prevent short circuits. In recent years, SSPCs have been replacing contactors and circuit breakers for circuit protection, due to their faster operation and high service life expectancy.

What will be the growth of the aircraft solid-state power controller (SSPC) market in the coming five years?

The aircraft SSPCs market is estimated to grow at a CAGR of 5.3 % by 2032, driven by recovering aircraft deliveries, upcoming aircraft programs, rising aircraft fleet size, growing military expenditure, ardent efforts towards electric aircraft development, increasing aircraft electrification, and growing demand for advanced avionics and connectivity.

Who are the key players in the aircraft solid-state power controller (SSPC) market?

Safran Group, Collins Aerospace (Raytheon Technologies Corporation), GE Aviation, TransDigm Group (Leach International Corporation), and AMETEK Inc. are some of the key players in the market.

Which region is estimated to be dominant in the aircraft solid-state power controller (SSPC) market in the coming years?

North America is estimated to remain dominant in the aircraft SSPCs market in the coming years driven by the aerospace hub, USA. Most of the leading players have a strong foothold in North America and are headquartered in the USA.

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Aircraft Electrical Solid-State Power Controller (SSPC) Market Analysis | 2024-2032