The Aircraft Electrical Solid-State Power Controller (SSPC) Market is segmented by Phase Type (Single Phase and Three Phase), Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft, and UAV), Fit Type (Original Equipment and Aftermarket), and Region (North America, Europe, Asia-Pacific, and the Rest of the World).
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.
Regional Analysis
North America is expected to remain the largest market for aircraft electrical SSPCs during the forecast period. This is primarily due to the large usage of aircraft for regional, commercial, as well as military applications in the region. Moreover, the regional investments in military aircraft (fighter aircraft and helicopters) are the largest across the globe. Concurrently, Asia-Pacific is also likely to create significant market opportunities in the upcoming years, driven by the expected rebound in air passenger traffic paired with the opening of assembly plants in the region, mainly in China, Japan, and India.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
COVID-19 Impact
With the emergence of the COVID-19 pandemic, the aviation industry has been witnessing significant losses. Due to the lockdown measures implemented by several countries around the world, there was a large decline in the total passenger count opting for air transport along with a significant drop in aircraft production. The impact of it was felt across the supply chain of the aviation industry including electrical components, such as SSPCs and circuit breakers. The market declined over 20% in the year 2020, mainly due to the COVID-19 paired with delays in the approval of the B737Max.
The emergence of COVID variants is affecting the recovery trajectory of the aviation industry including its parts and systems. It is estimated that the air passenger volume will not be at par with the volume level of the pre-COVID period any time before 2024, leaving a reciprocal impact across the supply chain. The market for aircraft electrical SSPCs is likely to follow a faster recovery trajectory than the entire electrical systems in the wake of a paradigm shift from contractors to SSPCs.
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