The aircraft electrical system market is a critical component of the aerospace industry, encompassing a wide range of electrical and electronic systems that are vital for the operation of aircraft. These systems play a pivotal role in ensuring the safety, functionality, and efficiency of modern aircraft. The global aircraft electrical system market size was USD 19.95 billion in 2019 and is projected to reach USD 27.29 billion by 2027, exhibiting a CAGR of 5.83% during the forecast period.
Informational Source:
https://www.fortunebusinessins....ights.com/aircraft-e