Press release
Increasing Air Traffic Fueling The Growth Of The Market Due To Rising Need For Efficient And Sustainable Ground Operations: The Driving Engine Behind Electric Green Taxiing System (EGTS) Market Evolution in 2025
Electric Green Taxiing System (EGTS)
Electric Green Taxiing System (EGTS) Market Size Growth Forecast: What to Expect by 2025?
The market size for the electric green taxiing system has seen a significant enhancement in the past few years. It is predicted to escalate from $1.29 billion in 2024 up to $1.48 billion in 2025, with a compound annual growth rate (CAGR) of 14.6%. The exponential growth experienced during the historic period can be credited to multiple factors including enhanced requirements for operational efficiency, the expansion of airline fleets, the increasing implementation of sophisticated ground handling techniques, a heightened demand for reducing noise at airports, and the heightened concentration of airlines on minimizing taxiing delays.
How Will the Electric Green Taxiing System (EGTS) Market Size Evolve and Grow by 2029?
The market for electric green taxiing systems is forecasted to experience substantial expansion in the coming years, with its valuation expected to reach $2.52 billion by 2029, reflecting a compound annual growth rate (CAGR) of 14.2%. This projected surge during the forecast period can be traced back to the ongoing development of smart and digital airport infrastructure, the evolution of new-age electric taxiing technologies, increasing business partnerships between Original Equipment Manufacturers (OEMs) and airliners, amplified investments towards eco-friendly airport structures, and the escalating adoption of Artificial Intelligence (AI) and the Internet of Things (IoT) in the backdrop of aircraft taxiing solutions. The forecast period is also marked by trends such as progress in lightweight materials suitable for EGTS parts, refined integration with digital twin technology, creation of modular and scalable taxiing systems, advancements in wireless charging solutions, and augmenting partnership models between airports and tech providers.
View the full report here:
https://www.thebusinessresearchcompany.com/report/electric-green-taxiing-system-egts-global-market-report
What Drivers Are Propelling the Growth of Electric Green Taxiing System (EGTS) Market Forward?
The surge in air traffic is accelerating the market's growth due to the escalating requirement for effectual and sustainable ground operations.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=27740&type=smp
What Trends Will Shape the Electric Green Taxiing System (EGTS) Market Through 2029 and Beyond?
Leading firms in the electric green taxiing system (EGTS) market are prioritizing strategic alliances to fast-track the advancement of technology, secure regulatory approvals, broaden market acceptance, and improve operational efficiency whilst minimizing environmental footprints. For instance, in June 2025, StandardAero, an American aerospace parts manufacturing company, formed a strategic alliance with Green Taxi Solutions (GTS), also based in the US, to garner Federal Aviation Administration (FAA) supplemental type certificate (STC) endorsement for a newly developed aircraft-installed electric taxiing system aimed at reducing emissions, fuel consumption, and noise during ground operations. Backed by a $5.6 million FAA CLEEN grant, the system was tested successfully on an Airbus A320 with Airbus expressing no reservations towards its certification by the year 2027. Furthermore, the companies plan on obtaining more endorsements from EASA and Brazil's ANAC. The revamped system incorporates electric motors on the primary landing gear that are powered by the plane's APU, thus cutting down fuel consumption by a significant 85% when compared to the main engines. This results in saving up to 80,000 gallons per annum, reducing costs, brake wear, and turnaround times, all the while necessitating marginal changes to infrastructure.
What Are the Key Segments in the Electric Green Taxiing System (EGTS) Market?
The electric green taxiing system (EGTS) market covered in this report is segmented
1) By Component: Electric Motors, Power Electronics, Batteries, Other Components
2) By Type Of Aircraft: Commercial Aircraft, Private Jets, Cargo Aircraft, Military Aircraft
3) By Technology: Battery Electric Systems, Hybrid Electric Systems, Fuel Cell Technology, Integrated Automation Systems
4) By Application: Airport Operations, Airline Ground Support Equipment, Environmental Compliance, Cost-Efficiency Initiatives
5) By End User: Airlines, Airport Authorities, Ground Handling Service Providers, Government Or Military Organizations
Subsegments:
1) By Electric Motors: Wheel Hub Motors, Axial Flux Motors, Radial Flux Motors, Permanent Magnet Synchronous Motors (PMSM), Induction Motors
2) By Power Electronics: Inverters, Converters, Motor Controllers, Power Distribution Units, Thermal Management Systems
3) By Batteries: Lithium-Ion Batteries, Nickel-Metal Hydride (NiMH) Batteries, Solid-State Batteries, Battery Management Systems (BMS)
4) By Other Components: Landing Gear Actuators, Cabling And Connectors, Sensors And Control Units, Charging Interfaces, Energy Recovery Systems
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=27740&type=smp
Who Are the Key Players Shaping the Electric Green Taxiing System (EGTS) Market's Competitive Landscape?
Major companies operating in the electric green taxiing system (egts) market are Boeing Company, Airbus S.A.S., Raytheon Technologies Corporation, Honeywell International Inc., General Electric Company, BAE Systems, UTC Aerospace Systems, Collins Aerospace, Safran S.A., Rolls-Royce Holdings plc, Parker Hannifin Corporation, Liebherr Group, Lufthansa Technik, Embraer S.A., Moog Inc., Thales Group, Meggitt PLC, Crane Aerospace & Electronics, Technodinamika srl, WheelTug plc
What Geographic Markets Are Powering Growth in the Electric Green Taxiing System (EGTS) Market?
North America was the largest region in the electric green taxiing system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in electric green taxiing system (EGTS report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=27740
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increasing Air Traffic Fueling The Growth Of The Market Due To Rising Need For Efficient And Sustainable Ground Operations: The Driving Engine Behind Electric Green Taxiing System (EGTS) Market Evolution in 2025 here
News-ID: 4193868 • Views: …
More Releases from The Business Research Company
Soaring Demand Set to Propel High-Precision GNSS Receiver Market to $2.04 Billio …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
High-Precision GNSS Receiver Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over recent years, the market size of the high-precision GNSS receiver has shown impressive growth. It's anticipated to expand from $1.42 billion in 2024 to $1.53 billion in 2025, with a compound annual growth…
Hadoop Big Data Analytics Market Expansion Continues, with Forecast Valuation of …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hadoop Big Data Analytics Market Size Growth Forecast: What to Expect by 2025?
The market size for hadoop big data analytics has experienced swift expansion in the past few years. The market, which is projected to progress from $19.18 billion in 2024 to $21.98 billion in 2025, is set…
Internet Usage Penetration's Effect On Geospatial Analytics AI Market: A Key Cat …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Geospatial Analytics AI Market Size By 2025?
Recent years have witnessed an exponential surge in the scale of the geospatial analytics AI market. Projected to escalate from $0.11 billion in 2024 to $0.14 billion in 2025, the market is expected to enjoy a compound annual…
Generative Artificial Intelligence (AI) In Music Market Poised to Hit $1.12 Bill …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Generative Artificial Intelligence (AI) In Music Industry Market Size Be by 2025?
The market size for generative artificial intelligence (ai) in music has seen exponential growth in the past few years. The projection suggests an increase from $0.34 billion in 2024 to $0.44 billion in 2025,…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
