Mar 25, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Aircraft Relays And Contactors Market.

It was estimated prior to this unanticipated outbreak that the Aircraft Relays And Contactors Market will reach US$ 481.3 million in 2026. In the aircraft industry, electrical systems play the most critical role as these systems ensure the smooth supply of power to the necessary aircraft systems. Electrical systems are broadly classified into power generation, power distribution, power conversion, and energy storage. Power generation and power distribution are the pith elements in aircraft electrical systems in which power generation system comprises main generators, auxiliary power unit generators, and emergency power unit generators, whereas power distribution system mainly comprises relays, contactors, circuit breakers, fuses, and solid-state power controllers (SSPCs). The power distribution system is further classified as primary and secondary power distribution. Relays are generally a part of secondary power distribution, whereas contactors are generally a part of primary power distribution.

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Relays & contactors are electromechanical switches that help in operating contact terminals and are used to channel the power from one electrical device to another. They control the electrical circuit by opening and closing contacts in other circuits and are useful in protecting the electrical system from arc faults and overloads. Both relays and contactors can purely be electromechanical or can incorporate circuitry for time delay as well as circuit protection. There is a growing interest in integrating sensors into relays and contactors used for the aircraft industry for the enhancement of their overall efficiency.

Covid-19 Impact Analysis

The aircraft relays & contactors market is subjected to the organic growth of aircraft production and is also dependent upon several other factors such as aircraft fleet size and penetration of relays and contactors. In the pre-COVID scenario, the market was likely to exhibit impressive growth in 2020 attributed to various growth factors such as an expected increase in aircraft production/deliveries and return to service of B737Max. However, the outbreak of COVID-19 has devastated the growth trajectory of the entire aerospace industry, ruining the industry stakeholders’ 16-years boon. Relays & contactors, one of the major segments of the aircraft electrical distribution system, could not escape themselves from such trends and are estimated to experience a significant decline in 2020.

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Segments’ Analysis

By Aircraft Type

Stratview has firstly segmented the aircraft relays & contactors market based on the aircraft type commercial aircraft, regional aircraft, general aviation, military aircraft, and helicopter. It is estimated that commercial aircraft, regional aircraft, and general aviation are proving to the biggest prey of the pandemic. Despite a huge decline in the demand for relays & contactors, commercial aircraft are likely to remain the most dominant aircraft type during the forecast period. B737 including Max, B787, A320 including neo, and A350XWB are the commercial aircraft’s top brass, capturing the lion’s share. The upcoming aircraft programs, such as C919, B777x, and MC-21, are estimated to be the biggest contributors to the demand for relays & contractors in the commercial aircraft segment.

By Product Type

Our analysis based on the market segment of the product type suggests that contactors are expected to remain the dominant product type between relays and contactors. Contactors are generally of high power and are high-value products as compared to relays. A paradigm shift in design, especially in developing high-performance contactors with lower dissipation, is leading to the development of smart contactors, addressing additional market requirements of weight and size.

By Ampere Type

Relays and contactors used in the aircraft industry come in a wide range of ampere ratings, ranging from small ampere ratings to hundreds of amperes. The market is segmented based on ampere type as 0-5 Amp, 5-25 Amp, and 25+ Amp. Contactors are generally rated to switch higher loads and come in a high-ampere rating range, whereas relays are generally having a low-ampere rating range. The rating has been designed to meet the application requirements. 25+ amp is likely to remain the largest segment in the foreseen future.

In terms of region, North America is projected to remain the largest market for aircraft relays & contactors during the forecast period. The USA is the world’s largest hub of the aircraft industry with the presence of various tier players as well as OEMs in the region. Asia-Pacific is likely to experience the least decline among the pandemic among all regions and is also likely to exhibit the highest long-term growth in the post-pandemic market developments. Opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial aircraft COMAC C919, rising aircraft fleet size, and increasing military spending by China and India, is likely to rejuvenate the region’s demand for relays & contactors in the aircraft industry in the long-term.

Key Players:

Key players operating in the global Aircraft Relays And Contactors market are-

  • Esterline Technologies Corporation
  • Safran S.A.
  • Collins Aerospace
  • Amtek Inc.
  • FIRST SwitchTech
  • Teledyne Technologies
  • TE Connectivity.

Features of the Report

This report offers high-quality insights and is the outcome of 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.

The Aircraft Relays And Contactors analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

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