Press release
Aircraft Electric Motor Global Market Insights: Growth Drivers, Size & Forecasts to 2029
Aircraft Electric Motor
What Is the Forecasted Market Growth Rate of the Aircraft Electric Motor Industry?
In recent years, the aircraft electric motor market has seen robust growth. It is projected to increase from $8.8 billion in 2024 to $9.36 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.4%. The earlier growth in this market can be traced back to factors like heightened automation, superior energy efficiency, environmental norms, the use of lightweight materials, and advancements in urban air mobility (uam).
How Will the Aircraft Electric Motor Market Size Evolve From 2025 to 2029?
The market size of the aircraft electric motor is projected to experience robust growth over the upcoming years. It is set to expand to $12.3 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 7.1%. Factors contributing to this rise during the forecast period include initiatives aimed at green aviation, governmental incentives, sustainability objectives, and the shift to urban air mobility. Leading trends forecasted for this period encompass aircraft electrification, manufacturing of lightweight motors, usage of advanced materials, the development of electric propulsion systems, and advancements in battery technology.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/aircraft-electric-motor-global-market-report
What Are the Main Growth Drivers in the Aircraft Electric Motor Market Today?
The aircraft electric motor market is expected to grow in tandem with the expansion of the aviation industry. This industry encompasses all aspects of air transport, including the support activities related to it. It extends to all sectors of airline operations, aircraft production, research entities, military aviation, and more. Electric aircraft form part of the aviation industry, serving as experiments for years, with limited payload and range. However, there has been an explosive growth in electric aircraft projects recently, indicating that commercial electric flights are imminent. As the aviation industry expands, so does the use of electric aircraft, which in turn increases the demand for aircraft electric motors. For example, the Air Transport Action Group (ATAG), a coalition of aviation industry experts based in Switzerland, focusing on sustainable development, predicted in 2022 that the demand for air travel would grow by an average of 3% per year over the next 20 years. By 2038, the aviation sector is expected to contribute to 13.7 million direct jobs and $1.7 trillion in global GDP. As a result, the growth of the aviation industry is anticipated to fuel the demand for aircraft electric motors.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7837&type=smp
Which Aircraft Electric Motor Market Segment Is Expected to Lead Through 2029?
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
Which Market Trends Are Expected to Dominate Aircraft Electric Motor Industry Growth?
The trend of technological innovation is increasingly becoming popular in the aircraft electric motor market. Aiming to bolster their market standing, numerous top-tier firms are striving to produce technologically superior products. For instance, Collins Aerospace, a US based provider of aerospace and defence products, introduced their first functional prototype of a 500-kilowatt electric motor in July 2022. This motor is suitable for the Airlander 10 aircraft. The schedule for introducing hybrid-electric operation for the Airlander 10 starts from 2026, followed by the adoption of an all-electric, zero-emission operation in 2030. To accomplish this, the 500-kilowatt electric motors developed by Collins will replace the aircraft's four fuel-burning engines, beginning with the two fore engines in 2026 and the remaining two in 2030.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=7837&type=smp
Which Companies Hold the Largest Market Share in the Aircraft Electric Motor Sector?
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.
Where Is the Aircraft Electric Motor Market Experiencing the Highest Growth?
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.
#Reach Out to Us#
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
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 Aircraft Electric Motor Global Market Insights: Growth Drivers, Size & Forecasts to 2029 here
News-ID: 4252539 • Views: …
More Releases from The Business Research Company
Rising Industry Demand Identified as a Major Catalyst Accelerating Seismic Prote …
How Big Will the Seismic Protection Device Market Grow by 2025?
The market pertaining to seismic protection devices has experienced robust expansion recently, projected to ascend from a value of $2.88 billion in 2024 to $3.07 billion the following year, reflecting a compound annual growth rate of 6.9%. This upward trajectory during the past period stems from several contributing factors, including the greater emphasis on infrastructure projects situated in earthquake-prone areas,…
Global Rugby Apparel Market Expected to Grow at 11.3% CAGR, Reaching $2.1 Billio …
What Market Value Will the Rugby Apparel Industry Achieve by 2025?
Recent escalations have characterized the expansion of the market for rugby attire, projected to elevate its value from 1.23 billion dollars in 2024 to 1.38 billion dollars the subsequent year, reflecting an average annual increase rate (CAGR) of 11.5%. This upward trajectory observed over the past period stems from several contributing factors, including greater involvement in rugby activities, the…
Future of the Request For Proposal (RFP) Response Automation Artificial Intellig …
What Market Size Is the Request For Proposal (RFP) Response Automation Artificial Intelligence Industry Projected to Reach by 2025?
The market encompassing artificial intelligence solutions for automating responses to requests for proposals has seen dramatic expansion lately; this segment is projected to escalate from a valuation of $0.90 billion in 2024 to $1.10 billion by the following year, reflecting a sustained compound annual growth rate of 22.1%. This upward trajectory during…
Booming Construction Activity Drives Growth of the Raised Floor Market by 2025
What Will the Raised Floor Market Size Reach by 2025?
The market encompassing raised floors has experienced swift expansion lately, projected to increase its valuation from $1.73 billion in the year 2024 to $1.90 billion by 2025, reflecting a compound annual growth rate (CAGR) of 10.1%. This historical upswing in the sector's performance is primarily driven by several factors, including the increasing construction of corporate office spaces, the proliferation of facilities…
More Releases for Motor
SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of…
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market.
Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market
Key Market Competitors: Global…
Electric Vehicles Market 2030 | Honda Motor Co., Ltd., Ford Motor, Toyota Motor …
A Research Report Insights (RRI) report reveals that the global market for electric vehicles is set to cross US$ 99 Billion in terms of value by 2016 end. As per the report, the market is expected to reach US$ 596.56 Billion by 2030, riding on a CAGR of 15.6%.
Increasing demand for clean and green energy and rise in global air pollution is compelling socio-economic institutions to rethink over the structures…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator.
Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market
The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in…
