Press release
Aviation High Speed Motor Market | Price, Size, Share, Cost Module and Forecast during 2022-2027
Aviation High Speed Motor Market
The aviation industry's quest for cleaner modes of transportation with excellent environmental performance is projected to drive the market. Aviation High-speed motors are used for aircraft applications, such as propulsion, flight control, transmission, and others. It has a high power density and less power voltage than medium-speed motors. These motors have a higher power density and lower power voltage than medium-speed motors. They are extensively employed in aircraft systems.
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Aviation High Speed Motor Market Growth and Demand:
The global market is majorly driven by increasing demand for electric aircraft and unmanned aerial vehicles (UAVs). In line with this, the rising emphasis on reducing the carbon footprint has pushed aircraft engine manufacturers to design and develop electric engines, significantly contributing to market growth. Furthermore, the development of electric motors with high-power density and rotational speed is expected to positively influence market growth. Apart from this, the growing procurement of new aircraft to meet the escalating demand for air travel is catalyzing market expansion. Moreover, increasing demand for UAVs for various applications such as surveying, mapping, monitoring, and others is propelling the product demand. Besides, continuous development in brushless motors to increase the overall efficiency of large UAVs is expected to strengthen the market growth. Additionally, rising demand for eVTOL air taxis is favoring the market's growth. Other factors, including the development of electrically powered airplanes, growing air passenger traffic, and significant growth in the aviation industry, are providing a boost to the market growth.
Competitive Landscape with Key Players:
• Allied Motion Technologies Inc
• ARC Systems Inc
• EMRAX d.o.o
• H3x Technologies Inc
• MagniX
• Meggitt PLC
• NEMA Ltd
• Pipistrel d.o.o
• Safran S.A
• Siemens AG
• Windings Inc
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Key Market Segmentation:
Breakup by Type:
• AC Motor
• DC Motor
Breakup by Application:
• Propulsion System
• Flight Control System
• Fuel Management System
• Others
Breakup by End Use:
• Commercial Aviation
• General Aviation
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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