Aircraft Electric Motors Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The global aircraft electric motor market is experiencing significant growth and will grow considerably in the next few years. Electric aircraft are powered by electric motors, in which the electricity is supplied via multiple methods including batteries, solar cells, fuel cells, power beaming, and ground power cables. Moreover, aircraft electric motor promise huge advantages in regards to degrade the issues of air and noise pollutions and harmful emissions. In addition, electric motors have low maintenance and operational costs. These potential benefits of electric aircraft make them more adoptable over fuel-based aircraft. Moreover, electric aircraft replace petrochemical consumption with cleaner, battery-powered electricity.

MARKET SCOPE

The

"Global Aircraft Electric Motors Market Analysis to 2031"

is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the aircraft electric motors market with detailed market segmentation by type, application, aircraft type, output power and geography. The report provides key statistics on the market status of the leading aircraft electric motors market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global aircraft electric motors market is segmented into AC motor, DC motor
  
•   On the basis of application, the market is segmented propulsion system, flight control system, environmental control system, engine control system, avionics system, door actuation system, landing and braking system, cabin interior system, other systems
  
•   On the basis of aircraft type, the market is segmented fixed wing, rotary wing, unmanned aerial vehicles, advanced air mobility
  
•   On the basis of output power, the market is segmented up to 10 KW, 10-200 KW, Above 200 KW
  

MARKET DYNAMICS

Drivers

•   Increasing demand for electrical systems in aircraft.
  
•   Rise in aircraft renewals and deliveries.
  
•   Increase in use of UAVs and Hybrid VTOLs
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The aircraft electric motors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aircraft electric motors market in these regions.

IMPACT OF COVID-19 ON AIRCRAFT ELECTRIC MOTORS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the aircraft electric motors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from aircraft electric motors market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft electric motors in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aircraft electric motors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Allied Motion Technologies Inc
  
•   Moog Inc.
  
•   Meggitt plc
  
•   Altra Industrial Motion
  
•   Woodward, Inc
  
•   Rolls-Royce Holdings plc
  
•   AMETEK, Inc.
  
•   MGM COMPRO
  
•   Emrax d.o.o
  
•   Thin Gap.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aircraft Electric Motors Report Scope