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The aircraft electrification market is forecasted to grow by USD 10.19 billion during 2023-2028, accelerating at a CAGR of 18.52% during the forecast period. The report on the aircraft electrification market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in technological advancements, electric and hybrid-electric aircraft have lower operating costs, and government incentives for the development of electric and hybrid-electric aircraft.
The aircraft electrification market is segmented as below:
By Platform
- Commercial and general aircraft
- Military aircraft
By Technology
- More electric
- Fully electric
- Hybrid electric
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the aircraft electrification market covers the following areas:
- Aircraft electrification market sizing
- Aircraft electrification market forecast
- Aircraft electrification market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Platform
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aircraft electrification market: Acme Aerospace Inc and Avionic Instruments LLC, Aegis Power Systems Inc., AMETEK Inc., Astronics Corp., BAE Systems Plc, Carlisle Companies Inc., Crane Holdings Co., EaglePicher Technologies LLC, General Electric Co., Hartzell Propeller Inc., Honeywell International Inc., Lee Air Inc., magniX, Nabtesco Corp., Parker Hannifin Corp., PBS Aerospace Inc., RTX Corp., Safran SA, Thales Group, and U.S. Technologies.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased demand for electric aircraft."
According to the report, one of the major drivers for this market is the increase in technological advancements.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acme Aerospace Inc and Avionic Instruments LLC
- Aegis Power Systems Inc.
- AMETEK Inc.
- Astronics Corp.
- BAE Systems Plc
- Carlisle Companies Inc.
- Crane Holdings Co.
- EaglePicher Technologies LLC
- General Electric Co.
- Hartzell Propeller Inc.
- Honeywell International Inc.
- Lee Air Inc.
- magniX
- Nabtesco Corp.
- Parker Hannifin Corp.
- PBS Aerospace Inc.
- RTX Corp.
- Safran SA
- Thales Group
- U.S. Technologies
