Aircraft Electric Motor Market Size Projected To Reach $12.57 Billion By 2034 With A Cagr Of 7.4%

The Aircraft Electric Motor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Aircraft Electric Motor Market?
In the past few years, the market size for aircraft electric motors has seen impressive growth. It is projected to rise from a total of $8.8 billion in 2024 to $9.43 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.2%. The notable growth during the precedent period is primarily due to heightened automation, energy efficacy, environmental regulatory measures, usage of lighter materials, and the concept of urban air mobility (uam).

In the future, the market for aircraft electric motors is anticipated to exhibit robust growth. Predictions indicate that the market will expand to a value of $12.57 billion by 2029, with a compound annual growth rate (CAGR) of 7.4%. The projected growth throughout this period can be credited to factors such as green aviation schemes, government incentives, objectives for sustainability, as well as advancements in urban air mobility. Key trends expected to emerge during this forecast period encompass electrification of aeroplanes, the introduction of lightweight motors, the use of advanced materials, developments in electric propulsion systems, and breakthroughs in battery technology.

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What Are the Different Aircraft Electric Motor Market Segments?
The aircraft electric motor market covered in this report is segmented -

1) By Type: AC Motor, DC Motor
2) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Advanced Air Mobility
3) By Torque: Up to 1 Nm, 1-50 Nm, 50-200 Nm, Above 200 Nm
4) By Output Power: Up to 10 kW, 10-200 kW, Above 200 kW
5) By Application: Propulsion System, Flight Control System, Environmental Control System, Engine Control System, Avionics System, Door Actuation System, Landing and Braking System, Cabin Interior System, Other Applications

Subsegments:
1) By AC Motor: Synchronous AC Motors, Asynchronous AC Motors (Induction Motors), Permanent Magnet AC Motors, Brushless AC Motors
2) By DC Motor: Brushed DC Motors, Brushless DC Motors, Stepper Motors, Servo Motors

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What Are the Primary Drivers Shaping the Aircraft Electric Motor Market?
The anticipated growth of the aircraft electric motor industry is predicted to be fueled by the expansion of the aviation industry. The aviation sector encompasses every element of air travel and relevant supportive measures, including aircraft manufacturing, investigation bodies, military aircraft, and much more. Within the industry, electric aircraft have begun to make a significant appearance, serving for years in experimental capacities with only minor payload and limited range. Recently, however, there has been a dramatic increase in electric aircraft projects, suggesting commercial electric flights could soon become commonplace. Consequently, the growth of the aviation industry could also mean growth for the electric aircraft sector, stimulating demand for aircraft electric motors. For example, the Air Transport Action Group (ATAG), a Switzerland-based aviation industry specialist group concentrating on sustainable growth matters, forecasted in 2022 that over the coming two decades, air travel demand could rise by an average of 3% per year. By 2038, they expect the aviation industry to sustain 13.7 million direct jobs and contribute $1.7 trillion to the global GDP. For these reasons, the growth of the aviation sector is predicted to ignite an increase in demand within the aircraft electric motor market.

Which Companies Are Leading in the Aircraft Electric Motor Market?
Major companies operating in the aircraft electric motor market include Altra Industrial Motion Corporation, Moog Inc., Meggitt plc, Allied Motion Inc., Ametek Inc., Arc Systems Inc., Magneto Aero Dynamics, MagniX USA Inc., H3X Technologies Inc., Emrax d.o.o, Woodward Inc., Windings Inc., Xoar International LLC, Yasa Ltd., Rolls-Royce plc, Siemens AG, Honeywell International Inc., Parker Hannifin Corporation, Safran SA, General Electric Company, Nidec Corporation, ABB Ltd., Bühler Motor GmbH, CEF Industries LLC, Esterline Technologies Corporation, TQ Systems GmbH, Trust Automation Inc., Ultra Electronics Holdings plc, WEG S.A., Zunum Aero Inc., Maxon Motor AG, Nanotec Electronic GmbH & Co. KG, NovaTorque Inc., Parker Hannifin Corp., Pittman Motors, Portescap India Private Limited, Rotor Clip Company Inc., Shinano Kenshi Co. Ltd., ThinGap Inc.

What Are the Major Trends Shaping the Aircraft Electric Motor Market?
The main trend gaining traction in the aircraft electric motor market is technological advancement. In a bid to solidify their market stance, major companies involved in this market are concentrating on the production of technologically advanced products. For example, Collins Aerospace, an American based organization that supplies aerospace and defense products, unveiled the first functional prototype of its 500-kilowatt electric motor in July 2022. This motor is suitable for the Airlander 10 aircraft. It is anticipated that the Airlander 10 will start hybrid-electric operation from 2026, with complete electric, zero-emission operations set to commence from 2030. To enable this, the 500-kilowatt electric motors from Collins will replace the vehicle's four fuel-burning motors, initiating with the two forward engines in 2026, then the two rear ones in 2030.

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What Are the Top Revenue-Generating Geographies in the Aircraft Electric Motor Market?
North America was the largest region in the aircraft electric motor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft electric motor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aircraft Electric Motor Market?
2. What is the CAGR expected in the Aircraft Electric Motor Market?
3. What Are the Key Innovations Transforming the Aircraft Electric Motor Industry?
4. Which Region Is Leading the Aircraft Electric Motor Market?

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