Leading Companies Reinforcing Their Presence in the Aircraft Electric Motor Market

The aircraft electric motor sector is gaining considerable attention as the aviation industry moves toward greener and more efficient technologies. With a focus on sustainability and advanced propulsion methods, this market is set to experience significant expansion in the coming years. Here, we explore its projected growth, leading companies, technological trends, and market segmentation.

Projected Growth and Market Size of the Aircraft Electric Motor Industry
The aircraft electric motor market is poised for substantial expansion, expected to reach a valuation of $12.3 billion by 2029. This growth reflects a compound annual growth rate (CAGR) of 7.1% during the forecast period. Key factors driving this increase include initiatives promoting green aviation, government incentives, sustainability commitments, and the rise of urban air mobility solutions. Notable trends shaping the market involve the electrification of aircraft, development of lightweight motors, use of advanced materials, progress in electric propulsion systems, and breakthroughs in battery technologies.

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Leading Corporations Driving the Aircraft Electric Motor Market
Several prominent players dominate the aircraft electric motor landscape. These 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., and ThinGap Inc. Together, these companies are shaping the future of electric propulsion in aviation through innovation and strategic development.

Recent Acquisition Accelerating Electric Aircraft Development
In March 2022, Textron Inc., a US-based industrial conglomerate, acquired a 90% stake in Pipistrel for $242 million. Pipistrel is a European manufacturer specialized in light aircraft. This acquisition is expected to significantly boost the progress of electric aircraft, particularly in the fixed wing and vertical take-off and landing (VTOL) segments. Textron's expanded ownership aims to expedite advancements in these emerging aviation technologies.

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Technological Innovation as a Core Trend in Aircraft Electric Motors
Advances in technology remain a central theme propelling the aircraft electric motor industry forward. Leading companies are prioritizing the development of high-tech products to enhance their competitive edge. For example, Collins Aerospace, an American aerospace and defense supplier, unveiled a prototype of a 500-kilowatt electric motor in July 2022 suitable for the Airlander 10 aircraft. The plan is to implement hybrid-electric propulsion by 2026, replacing the aircraft's two forward fuel engines with electric motors, followed by a fully electric, zero-emission setup by 2030 with the replacement of the rear engines. This project highlights the commitment to cleaner and more efficient aviation solutions.

Detailed Segmentation of the Aircraft Electric Motor Market
The global aircraft electric motor market is divided into several key segments:
1) By Type: AC Motor and DC Motor
2) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles (UAVs), and Advanced Air Mobility (AAM)
3) By Torque Range: Up to 1 Nm, 1 to 50 Nm, 50 to 200 Nm, and Above 200 Nm
4) By Output Power: Up to 10 kW, 10 to 200 kW, and Above 200 kW
5) By Application: Propulsion Systems, Flight Control Systems, Environmental Control Systems, Engine Control Systems, Avionics Systems, Door Actuation Systems, Landing and Braking Systems, Cabin Interior Systems, and Other Applications

Further subcategories break down motor types as follows:
- AC Motors include Synchronous AC Motors, Asynchronous AC Motors (Induction Motors), Permanent Magnet AC Motors, and Brushless AC Motors.
- DC Motors encompass Brushed DC Motors, Brushless DC Motors, Stepper Motors, and Servo Motors.

This detailed segmentation offers insight into the diverse components and uses of electric motors within the aviation industry, reflecting the complexity and dynamic nature of the market.

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