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Contactors often belong to primary power distribution, whereas relays typically belong to secondary power distribution. Relays and contactors are electromechanical switches used to transfer power from one electrical device to another and to operate contact terminals.
They are helpful in safeguarding the electrical system from arc faults and overloads by opening and closing contacts in other circuits to control the electrical circuit.
Relays and contactors both come in pure electromechanical and hybrid varieties that include circuitry for both time delay and circuit protection. In order to increase the efficiency of relays and contactors used in the aircraft industry, there is growing interest in integrating sensors into these devices.
The global aircraft relay and contractor market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
The market for aviation relays and contactors is influenced by various additional variables, including the size of the aircraft fleet and the penetration of relays and contactors, in addition to the organic expansion of aircraft production.
In the pre-COVID scenario, the market was predicted to grow significantly due to a variety of variables, including an anticipated rise in aircraft production and deliveries and the B737Max’s return to service. However, the COVID-19 epidemic has completely destroyed the aerospace industry’s growth trajectory, undoing the windfall enjoyed by its stakeholders.
One of the key components of the aviation electrical distribution system, relays and contactors, could not evade these trends and is predicted to undergo a considerable reduction. Despite these concerning circumstances, the market is likely to make a strong recovery in the post-pandemic market developments.
This is due to the industry’s solid fundamentals, which include a sizable backlog of orders for commercial and regional aircraft, a sizable fleet size, and rising defense spending by major governments. Other significant variables that are anticipated to support the market demand in the long run include the trend toward more electric aircraft and the industry’s goal to reduce SWaP.
