Global Aircraft Electric Motors Market Growth, Trends, Scope, Competitor Analysis and Forecast 2029

The goal to achieve carbon neutrality by 2050 has resulted in a 4.1% increase in demand for Aircraft Electric Motors from 2018 through 2022 by the Aviation industry present in Europe.

Global Aircraft Electric Motors Market Growth, Trends, Scope, Competitor Analysis and Forecast 2029

Aircraft Electric Motors Market Overviews

Maximize Market Research is an Aircraft Electric Motors Market research firm that has published a detailed analysis of the “Aircraft Electric Motors Market”. MMR in-depth market assessments in research reports consider significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Aircraft Electric Motors market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.

Aircraft Electric Motors Market Scope and Methodology:

The analysis presented in the report delves deep into the Aircraft Electric Motors Market, offering a thorough examination of its various facets. It begins with an overview of the market, followed by an exploration of its dynamics, segmentation based on nature and application, and regional perspectives. Past performance and current status are assessed, alongside a forecasted market size and identification of emerging trends, all conveyed in accessible language. Furthermore, the report scrutinizes key market players, both internally and externally, considering a range of factors influencing the Aircraft Electric Motors industry. Employing a rigorous research methodology, the report incorporates PORTER and PESTEL analyses, dissecting micro-economic influences on the Aircraft Electric Motors market. Drawing from surveys, observations, and meticulous research, these reports serve as indispensable resources for stakeholders, facilitating strategic planning and organizational success. Detailed insights into industry leaders are provided, encompassing company profiles, revenue streams, product specifications, production capacities/sales, pricing structures, and gross margins. Additionally, competitive landscape analysis furnishes precise merchant data, shedding light on potential growth impediments for leading players in the Aircraft Electric Motors market.

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Aircraft Electric Motors Market Regional Insights

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Aircraft Electric Motors market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Aircraft Electric Motors market status of the various countries featured in the research is provided by the Regional Analysis.

Aircraft Electric Motors Market Segmentation

By Type

AC Motor
DC Motor

The Global Aircraft Electric Motors Market's Motor Type segment is expected to be dominated by AC Motor in the next years due to rising desire for convenient motor assemblies. AC Motors are expected to increase at a CAGR of 6.6% over the projected period due to a variety of applications with varying power requirements, such as hydraulic pumps and aircraft fans.

By Torque

Up to 1 Nm
1-50 Nm
50-200 Nm
Above 200 Nm

Through Torque, The global market for aircraft electric motors is expected to be dominated in the near future by motors with torque more than 200 Nm due to an increase in demand for heavy-lifting aircraft. This category is expected to increase at a CAGR of 4.8% over the projected period due to the growing preference for aircraft motors that give high torque at a slower speed. Demand for aircraft electric motors with torque capacities between 50 and 200 nm increased by 2.1% in 2022 compared to the same period in 2018. This growth was attributed to an increase in the use of aircraft that can accommodate fewer than 20 people or less than 1000 kg of weight.

By Output Power

Less than 5 kW
5-10 kW
More than 10 kW

Through Output Power Aircraft electric motors with an output power of more than 10 kW are expected to dominate the output power segment of the global aircraft electric motors market over the forecast period due to an increase in demand for big carrier aircraft for both domestic and international trade. The market for motors larger than 10 kW is expected to develop at a compound annual growth rate (CAGR) of 3.5% in the upcoming years due to the growing need for motors that can power heavy aircraft.

By Aircraft Type

Fixed Wing
Rotary Wing
Advanced Air Mobility
UAV

The UAV segment is expected to dominate the Aircraft Type segment of the Global Aircraft Electric Motors Market in the next years due to a rise in demand for remotely operated machinery from the military and commercial sector. UAV manufacturers' demand for aircraft electric motors increased by 8.1% in 2022 compared to the same period in 2018. This growth can be attributed to the growing inclination towards more affordable drones that operate on alternative energy sources.

By Application

Avionics System
Flight Control System
Engine Control System
Cabin Interior System
Landing & Braking System
Propulsion System
Environmental Control System
Others

Propulsion systems are expected to dominate the Application sector of the global aircraft electric motors market in the upcoming years due to rising demand for reasonably priced machinery that can operate and fly airplanes. In this decade, the aviation industry has seen a 1.8% increase in demand for avionics and flight control systems due to the growing need for self-operating mechanisms that offer pilots relief during long flights.

By End Use

OEM
Aftersales

By Use at End In the upcoming years, OEM is expected to dominate the End User segment of the global aircraft electric motor market due to the demand for fully assembled and operational air carriers. According to a July 13, 2021, Reuters story, United Airlines has signed an order with Heart Aerospace for 100 electric aircraft with a 20 passenger capacity. According to many large orders that Boeing and Airbus have received, the availability of assembly lines and the market demand for fully operational aircraft have led to a 7.3% increase in the demand for aircraft electric motors by Original Equipment Manufacturers in 2022 compared to the same period in 2018.

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Aircraft Electric Motors Market Key Players

1.Altra Industrial Motion Corporation
2.Moog Inc.
3.Woodward Inc.
4.Meggitt PLC
5.Rolls Royce PLC
6.Allied Motion, Inc.
7.Ametek, Inc.
8.Arc Systems Inc.
9.Magneto Aero Dynamics
10.MagniX
11.H3X Technologies Inc.
12.Emrax D.O.O.
13.Pipistrel D.O.O.
14.Windings Inc.
15.Xoar International LLC
16.Yasa Ltd.

Want to understand the market better? Check out the summary of the research report for key insights:https://www.maximizemarketresearch.com/request-sample/114684 

Key questions answered in the Aircraft Electric Motors Market are:

  • What is Aircraft Electric Motors?
  • What was the Aircraft Electric Motors market size in 2023?
  • What is the growth rate of the Aircraft Electric Motors Market?
  • Which are the factors expected to drive the Aircraft Electric Motors market growth?
  • What are the different segments of the Aircraft Electric Motors Market?
  • What growth strategies are the players considering to increase their presence in Aircraft Electric Motors?
  • What are the upcoming industry applications and trends for the Aircraft Electric Motors Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Aircraft Electric Motors Market?
  • Who are the leading companies and what are their portfolios in Aircraft Electric Motors Market?
  • What segments are covered in the Aircraft Electric Motors Market?
  • Who are the key players in the Aircraft Electric Motors market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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