Global Aircraft Electric Motors
Market Report
2024
Aircraft electric motors market size is USD 12.9 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Aircraft Electric Motors Market Report 2024.
According to Cognitive Market Research, the global aircraft electric motors market size is USD 12.9 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Aircraft Electric Motors Market Sales Revenue 2024 | $ 12.9 Billion |
Global Aircraft Electric Motors Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.4% |
Market Split by Application |
|
Market Split by Type |
|
Market Split by Output Power |
|
Market Split by Torque |
|
Market Split by Power Density |
|
Market Split by Aircraft Type |
|
Market Split by End Use |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Aircraft Electric Motors industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Aircraft Electric Motors Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Aircraft electric motors are a subset of electric motors designed for use in aircraft rotor systems. The aircraft's propellers or rotors are powered by this system, which converts electrical power into mechanical power. Electric propulsion systems, of which electric motors are a crucial component, will allow airplanes to move away from using traditional combustion engines and toward cleaner, more environmentally friendly aircraft technology. The market for electric motors in airplanes is being propelled by a number of factors, including stricter rules regarding carbon emissions and environmental sustainability, innovations in electric motor technology, and various government programs and policies aimed at servicing and replacing aircraft.
Increasing Awareness about the Environment - The primary driver propelling the worldwide market for electric motors for aircraft is the increasing concern for environmental preservation and the imperative to lessen the aviation industry's contribution to greenhouse gas emissions. More and more, authorities, airline officials, and airlines are demanding environmentally friendly and greener aircraft solutions in response to growing climate change concerns. As a result of rising concerns for the environment, electric propulsion systems are becoming more popular, which is fueling the expansion of the electric motors market for aircraft. The aerospace electric motors market is expected to experience expansion due to the rising demand for greener, rechargeable electricity as a substitute for industrial utilization.
One of the biggest obstacles to the rapid expansion of the electric motor business for aircraft is the poor power-to-weight ratio of electric aircraft batteries. The electric motors market for airplanes will also be constrained by factors such as the high initial investment required to purchase an electric aircraft and the unpredictable cost of raw materials.
We have various report editions of Aircraft Electric Motors Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In April 2024, Rolls-Royce has been awarded a $1 million contract by the Arctic Research Facility in Cleveland, Ohio, USA, to construct an Improved Closed Brayton Cycle converter. Rolls-Royce LibertyWorks will offer the initial design for a space-based nuclear microreactor that use closed-cycle Brayton energy conversion technology as per the conditions of the 12-month agreement.
Top Companies Market Share in Aircraft Electric Motors Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the aircraft electric motors market because electric aircraft are becoming increasingly popular across the world. The increasing demand for contemporary aircraft for both civil and commercial uses, together with the presence of major companies, original equipment manufacturers, and component makers, is shaping the growth of the North American market.
Asia-Pacific stands out as the fastest-growing region in the aircraft electric motors market because developing nations' massive investments in aviation and related industries have led to their rapid growth and expansion. Additionally, the fast-growing market for electric motors in aviation is being driven by favorable government policies and the arrival of new electric aircraft manufacturers in the Asia Pacific area.
The current report Scope analyzes Aircraft Electric Motors Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Aircraft Electric Motors Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aircraft Electric Motors Industry growth. Aircraft Electric Motors market has been segmented with the help of its Application, Type Output Power, and others. Aircraft Electric Motors market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Aircraft Electric Motors market.
Application of Aircraft Electric Motors analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aircraft Electric Motors Industry. Request a Free Sample PDF!
According to cognitive market research, AC motors are the dominant category. Their extensive integration with actuation systems is fueling rising demand for AC Motors. Due to its extensive use in numerous applications, including pumps and compressors in airplanes, the AC motor sector is expected to constitute the greatest portion of the market.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Research Associate at Cognitive Market Research
Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.
Anjali is a results-driven research analyst with a passion for transforming complex information into strategic insights. Grounded in a solid expertise in research and analysis in aerospace and defence category. She thrive on the challenges of data exploration and analysis.Her goal is to provide organizations with the actionable intelligence they need to navigate an ever-evolving business landscape and succeed in their business goals.
In her current role, Anjali manages research for aerospace and defence category, leading pivotal research initiatives, delving into market trends, consumer behavior, and competitive landscapes. She possess a proven ability to decipher intricate datasets, employing statistical models and visualization tools to deliver strategic insights. Collaborating seamlessly with cross-functional teams.She played a key role in shaping successful business strategies grounded in robust research.She dedicated to staying at the forefront of research methodologies and industry advancements. Anjali remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aircraft Electric Motors Market is witnessing significant growth in the near future.
In 2023, the Propulsion Systems segment accounted for noticeable share of global Aircraft Electric Motors Market and is projected to experience significant growth in the near future.
The AC Motors segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Moog Inc. (US) , Altra Industrial Motion Corporation (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Application | Propulsion Systems, Flight Control Systems, Environmental Control Systems, Engine Control Systems, Avionics Systems, Door Actuation Systems, Landing and Braking Systems, Cabin Interior Systems |
Type | AC Motors, DC Motors |
Output Power | Up to 10 kW, 10–200 kW, Above 200 kW |
Torque | Up to 1 Nm, 1–50 Nm, 50–200 Nm, Above 200 Nm |
Power Density | Up to 5 kW/kg, 5–10 kW/kg, Above 10 kW/kg |
Aircraft Type | Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Advanced Air Mobility |
End Use | OEM, Aftermarket |
List of Competitors | Moog Inc. (US), Meggitt plc (UK), Altra Industrial Motion Corporation (US), Woodward Inc. (US), Rolls-Royce PLC (UK) |
This chapter will help you gain GLOBAL Market Analysis of Aircraft Electric Motors. Further deep in this chapter, you will be able to review Global Aircraft Electric Motors Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Output Power Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Torque Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Power Density Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 15 Market Split by Aircraft Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 16 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aircraft Electric Motors market
Chapter 17 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Propulsion Systems have a significant impact on Aircraft Electric Motors market? |
What are the key factors affecting the Propulsion Systems and Flight Control Systems of Aircraft Electric Motors Market? |
What is the CAGR/Growth Rate of AC Motors during the forecast period? |
By type, which segment accounted for largest share of the global Aircraft Electric Motors Market? |
Which region is expected to dominate the global Aircraft Electric Motors Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Aircraft Electric Motors Market
Request Sample