Aircraft electric motors refer to the segment of the aviation industry that focuses on the development, manufacturing, and sale of electric motors specifically designed for use in aircraft. These electric motors are crucial components of electric propulsion systems, which are alternative propulsion solutions to traditional combustion engines in aircraft. The aircraft electric motor market is projected to witness a high growth rate, owing to the Increase in awareness related to the need for a decrease in carbon emissions generated by the aviation industry. Aircraft electrification reduces harmful emissions and offers users a lesser operational cost.
Aircraft electric motors are designed to convert electrical energy into mechanical energy to drive various aircraft systems, Including propulsion, flight controls, environmental control systems, and auxiliary power units. They play a key role in powering electric and hybrid-electric aircraft, enabling them to generate thrust and propel the aircraft through the air.
Batteries, fuel cells, solar cells, electric actuators, electric pumps, generators, motors, power electronics, and distribution devices are the primary components of aircraft electrification. Batteries are devices that convert chemical energy into electrical energy and are utilized in aircraft. Ground power, emergency power, enhancing DC bus stability, and fault clearing are all applications for aircraft batteries. Technologies used in aircraft electrification are more electric, hybrid electric, and fully electric. Fixed wing, rotary wing, unmanned aerial vehicles (UAVs), and advanced air mobility are further subdivided by platform. In addition, electrification technology is implemented in progressive stages, from more electric to fully electric aircraft. Aircraft electrification is one such change that is expected to lead to a reduction in carbon footprint.
The aircraft electric motor market is segmented into type, output, application, and region. By type, the market is bifurcated into AC motors and DC motors. By output, the market is classified into Up to 10 kW and 10-200 kW. By application, the market is categorized into propulsion system, flight control system, engine control system, environmental control system, and others.
By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, the Netherlands, France, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Aircraft electric motors are designed to convert electrical energy into mechanical energy to drive various aircraft systems, Including propulsion, flight controls, environmental control systems, and auxiliary power units. They play a key role in powering electric and hybrid-electric aircraft, enabling them to generate thrust and propel the aircraft through the air.
Batteries, fuel cells, solar cells, electric actuators, electric pumps, generators, motors, power electronics, and distribution devices are the primary components of aircraft electrification. Batteries are devices that convert chemical energy into electrical energy and are utilized in aircraft. Ground power, emergency power, enhancing DC bus stability, and fault clearing are all applications for aircraft batteries. Technologies used in aircraft electrification are more electric, hybrid electric, and fully electric. Fixed wing, rotary wing, unmanned aerial vehicles (UAVs), and advanced air mobility are further subdivided by platform. In addition, electrification technology is implemented in progressive stages, from more electric to fully electric aircraft. Aircraft electrification is one such change that is expected to lead to a reduction in carbon footprint.
The aircraft electric motor market is segmented into type, output, application, and region. By type, the market is bifurcated into AC motors and DC motors. By output, the market is classified into Up to 10 kW and 10-200 kW. By application, the market is categorized into propulsion system, flight control system, engine control system, environmental control system, and others.
By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, the Netherlands, France, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
KEY BENEFITS FOR STAKEHOLDERS
- This study presents the analytical depiction of the global aircraft electric motor market analysis along with the current trends and future estimations to depict imminent investment pockets.
- The overall aircraft electric motor market opportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities of the global aircraft electric motor market with a detailed impact analysis.
- The current aircraft electric motor market is quantitatively analyzed from 2022 to 2032 to benchmark financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the aircraft electric motor market analysis from 2022 to 2032 to identify the prevailing aircraft electric motor market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the aircraft electric motor market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global aircraft electric motor market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- AC Motor
- DC Motor
By Application
- Propulsion System
- Flight Control System
- Engine Control System
- Environmental Control System
- Others
By Output
- Up to 10 kW
- 10-200 kW
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Ametek, Inc.
- EMRAX d.o.o.
- H3X Technologies Inc.
- MagniX Corporation
- Maxon
- MGM COMPRO
- Moog Inc.
- SAFRAN
- Woodward, Inc.
- Wright Electric
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: AIRCRAFT ELECTRIC MOTOR MARKET, BY TYPE
CHAPTER 5: AIRCRAFT ELECTRIC MOTOR MARKET, BY APPLICATION
CHAPTER 6: AIRCRAFT ELECTRIC MOTOR MARKET, BY OUTPUT
CHAPTER 7: AIRCRAFT ELECTRIC MOTOR MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
The Aircraft Electric Motor Market is expected to experience a significant growth rate of 8.5% from 2023-2032 owing to the increasing demand for more sustainable and efficient aviation solutions.Electric motors used in aircraft are designed to meet the unique requirements of aviation, including high power-to-weight ratios, reliability, and the ability to operate at high altitudes and varying speeds. They are engineered to provide efficient and reliable propulsion while maintaining safety standards. In addition to propulsion, electric motors are also used in various aircraft systems, such as flight control surfaces, landing gear, air conditioning, and auxiliary power units. These motors can provide precise control and actuation for critical functions, enhancing the safety and performance of the aircraft.
Electric motors are playing an increasingly significant role in aircraft, and their market growth is expected to have a substantial impact on the future of aviation. Several factors contribute to the expanding use of electric motors in aircraft, with supportive instances highlighting this trend. With growing concerns about carbon emissions and environmental impact, electric motors offer a promising solution. The adoption of electric propulsion systems can significantly reduce greenhouse gas emissions and contribute to greener aviation industry. For instance, the aviation startup MagniX has developed electric motors for retrofitting existing aircraft, such as the de Havilland Canada DHC-2 Beaver, resulting in zero-emission flights.
In addition, advancements in electric motor technology have also propelled their use in aircraft. These advancements include improved power-to-weight ratios, increased efficiency, and enhanced reliability. Electric motors are now capable of delivering the necessary power for various aircraft applications. For instance, Ampaire, an electric aviation company, has successfully conducted test flights using their electric motor system in small aircraft, demonstrating the feasibility and performance of electric propulsion. Moreover, government support and regulatory initiatives have further accelerated the adoption of aircraft electric motors. Governments around the world are introducing policies and providing financial incentives to encourage the development and utilization of electric aircraft. In the United States, NASA has been actively involved in supporting electric propulsion research, partnering with companies like Joby Aviation to advance electric motor technology and flight testing.
Furthermore, industry collaborations and partnerships have contributed to the market growth of aircraft electric motors. Major companies are teaming up to combine their expertise and resources, accelerating the development and integration of electric propulsion systems into aircraft designs. For instance, United Airlines has partnered with several companies, including Archer Aviation and Heart Aerospace, to advance electric aircraft development and deployment. In addition, growing public interest and demand for sustainable transportation solutions, including in the aviation sector, are contributing to the growth of the electric motor market for aircraft. Consumers are increasingly looking for greener travel options, which is putting pressure on the industry to explore and adopt electric propulsion systems. The growing interest and demand for urban air mobility solutions stem from consumers' desire for faster, more efficient, and environmentally friendly modes of transportation. With the potential to bypass ground congestion and reduce travel times, electric air taxis have the potential to revolutionize urban transportation. Consumers are excited about the prospect of electric air taxis offering convenient, on-demand travel while significantly reducing carbon emissions compared to traditional ground transportation methods.
The aircraft electric motors market is segmented into type, output, application, and region. By type, the market is bifurcated into AC motors and DC motors. By output, the market is classified into Up to 10 kW and 10-200 kW. By application, the market is categorized into the propulsion system, flight control system, engine control system, environmental control system, and others.
- By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Key Market Insights
- By type, the DC motor segment was the highest revenue contributor to the market and is estimated to dominate the market during the forecast period.
- By application, the others segment was the highest revenue contributor to the market in 2021 and is estimated to capture the highest revenue during the forecast period.
- By output, the up to 10 kW segment dominated the global market in 2021, and distributed area network is estimated to capture the highest market share during the forecast period.
- By region, LAMEA was the highest revenue contributor, accounting for the largest market share in 2021, and is estimated to grow with a significant CAGR during the forecast period.
Companies Mentioned
- Ametek, Inc.
- EMRAX d.o.o.
- H3X Technologies Inc.
- MagniX Corporation
- Maxon
- MGM COMPRO
- Moog Inc.
- SAFRAN
- Woodward, Inc.
- Wright Electric
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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