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Aviation High-Speed Motor Market Landscape 2025: Forecast Data and Growth Strategy Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Aviation High-Speed Motor Market Through 2025?
The market size for high-speed aviation motors has seen significant growth recently. Its growth will progress from $2.8 billion in 2024 up to $2.97 billion by 2025, showcasing a compound annual growth rate (CAGR) of 6.3%. The growth observed in the historical period is likely due to factors such as improved crop yield, enlarged arable land, labor savings, betterment in fertilizer utility, overcoming geographical obstacles, and solving topographical issues.
What's the Projected Size of the Global Aviation High-Speed Motor Market by 2029?
The high-velocity motor market in the aviation sector is anticipated to witness robust growth in the forthcoming years, likely swelling to $3.89 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.0%. Factors such as the effects of climate change, the concern over water shortages, an expanding worldwide population, regulatory policies by governments regarding water consumption, and incorporation of renewable energy are driving this growth. The prediction period also indicates significant trends, such as inclusion of drip irrigation, utilizing data analytics for decision-making, remote supervision and management, incorporating the Internet of Things and sensors, and bespoke solutions for various crops.
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Top Growth Drivers in the Aviation High-Speed Motor Industry: What's Accelerating the Market?
The aviation high-speed motor market is projected to grow due to heightened acquisition of new aircraft. Aircraft can be any means of transportation designed to navigate the air, using static or dynamic lift from an airfoil or getting a direct downward thrust from its engines. They cover a wide range such as airplanes, helicopters, airships, gliders, paramotors, and hot air balloons. These high-speed motors find use in different flight applications like propulsion, flight control, and transmission. For example, in March 2023, Airbus, an aviation and aerospace component manufacturer based in France, announced that they secured 99 aircraft orders in February and delivered around 66 planes to 42 customers. In addition, projections for the next two decades suggest a need for 2,440 freighter planes, with around 900 of them being newly built. This increased acquisition of new aircraft is, therefore, propelling the growth of the aviation high-speed motor market.
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What Trends Will Shape the Aviation High-Speed Motor Market Through 2029 and Beyond?
The emergence of product innovation as a pivotal trend within the aviation high-speed motor market is becoming increasingly prevalent. To enhance their market stance and salvage a competitive edge, major corporations are focusing on pioneering innovative products. For example, Kite Magnetics, a startup from Australia specializing in aviation electric motors, unveiled its inaugural aircraft electric motor, the KM-120, in March 2023. This 120-kW electric propulsion unit is designed to supersede piston engines in light aircraft with 2-4 seats.
What Are the Main Segments in the Aviation High-Speed Motor Market?
The aviation high-speed motor market covered in this report is segmented -
1) By Type: Direct Current (DC) Motor, Alternating Current (AC) Motor
2) By Application: Flight Control, Propulsion System, Fuel Management System, Other Applications
3) By End-Use: Commercial Aviation, General Aviation, Other End-Uses
Subsegments:
1) By Direct Current (DC) Motor: Brushed DC Motor, Brushless DC Motor
2) By Alternating Current (AC) Motor: Synchronous AC Motor, Asynchronous AC Motor
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Which Top Companies are Driving Growth in the Aviation High-Speed Motor Market?
Major companies operating in the aviation high-speed motor market include Xoar International LLC, Emrax d.o.o., Windings Inc., ARC Systems Inc., Safran Electrical & Power, MagniX, MGM COMPRO, H3X Technologies Inc., NEMA Ltd., Allied Motion Technologies, Meggitt PLC, Pipistrel d.o.o., Honeywell International, Herkimer Tool & Machining Corp., 3A Composites, Kampi Components Co. Inc., Yaskawa Electric Corporation, Oriental Motor Co. Ltd., Regal Rexnord Corporation, Meidensha Corporation, Nidec Corporation, Maxon Motor AG, H2W Technologies Inc., Kollmorgen Corporation, Aerotech Inc., Parker Hannifin Corporation, Thomson Industries Inc., Dunkermotoren GmbH, Moog Inc.
Which Regions Will Dominate the Aviation High-Speed Motor Market Through 2029?
North America was the largest region in the aviation high-speed motor market in 2024. The regions covered in the aviation high-speed motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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