GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Aircraft Electric Motors Market Worth $12.9 Billion by 2027 at a CAGR of 9.4%

admin by admin
February 24, 2023
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, February 24, 2023 ) The Aircraft Electric Motors Market is projected to grow from USD 8.2 Billion in 2022 to USD 12.9 Billion by 2027, at a CAGR of 9.4% from 2022 to 2027. The demand for improved aircraft electric motors onboard new aircraft is boosting the adoption of aircraft electric motors, which reduces weight and decreases operating and maintenance costs for end users.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3248447

Based on Type, AC Motors are expected to dominate market share during the forecast period. The market for aircraft electric motors has grown significantly in the AC Motor sector, which might be attributable to applications with varying power requirements. They are employed in hydraulic pump and aircraft fan actuation systems.

Based on Output Power, the above 200 kW is anticipated to show the highest growth rate for aircraft electric motor market. Their optimal applicability for mid-sized aircraft flying short-distance journeys is attributed to the segment’s rise. These motors are ideally adapted to power smaller aircraft either as a distributed system on bigger aircraft like the Eviation Alice 9-passenger aircraft or as a standalone system on smaller aircraft. They frequently have higher torque and lower RPM than smaller motors.

Based on aircraft type, fixed-wing aircraft is expected to account for the largest market share during the forecast period. Both in the commercial and general aviation sectors, the demand for fixed-wing aircraft is anticipated to grow rapidly, necessitating the concurrent usage of aircraft electric motors for cutting-edge aircraft. Secondly, manufacturers are developing advanced aircraft electric motors to replace the bulky traditional aircraft components.

Based on End Use, the OEM segment is projected to lead the aircraft electric motors market during the forecast period. The demand for different types of aircraft has significantly increased throughout the areas over the years. Electric motors are installed by OEM during the aircraft assembly process and then made accessible for supply to aircraft manufacturers. Consequently, the OEM segment market will be driven.

Based on Region, North America accounted for the largest market share in 2022, and Asia Pacific is projected to witness the highest CAGR during the forecast period. Existence of key players, OEMs, and component makers are some of the factors anticipated to drive the North American aviation electric motors market. Additionally, the rising demand for contemporary aircraft for commercial and civic uses is having an impact on market growth in North America.

Key Market Players:

Major players operating in the aircraft electric motors market include Moog Inc. (US), Meggitt PLC (UK), Altra Industrial Motion Corporation (US), Woodward, Inc. (US), Allied Motion Inc. (US), Arkwin Industries Inc. (US) and Rolls-Royce PLC (UK). These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, Middle East and Asia Pacific.

News Also Covered: https://www.prnewswire.com/news-releases/aircraft-electric-motors-market-worth-12-9-billion-by-2027—exclusive-report-by-marketsandmarkets-301750621.html

Related Reports:

Aircraft Fuel Systems Market by Application (Commercial, Military and UAV), Engine Type (Jet engine, Turboprop engine, Helicopter engine and UAV engine), Component, Technology & Region – Global Forecasts to 2020

Electric Aircraft Market by Platform (Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft), Type, System (Batteries, Electric Motors, Aerostructures, Avionics, Software), Technology, Application, and Region (2021-2030)

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Source link

Previous Post

What is the expected addressable market value of global particle size analysis market over a 5-year period?

Next Post

Genius hacks for multi-tasking mothers I Times of Oman – Times of Oman

RelatedPosts

Press Releases

Electric Aircraft Market Worth $37.2 billion in 2030 at a CAGR of 19.8%

(EMAILWIRE.COM, March 20, 2023 ) The Electric Aircraft Market report provides an analysis of the market from 2022...

by admin
March 20, 2023
Award Ceremony Celebrates Best in LGBTQ Culture and Media!
Press Releases

Award Ceremony Celebrates Best in LGBTQ Culture and Media!

   (EMAILWIRE.COM, March 20, 2023 ) LOS ANGELES - The top LGBTQ performers, celebrities and influentials turned out for...

by admin
March 20, 2023
Network Transformation Market expected to grow at a CAGR of 41.7 percent during the forecast period
Press Releases

Network Transformation Market expected to grow at a CAGR of 41.7 percent during the forecast period

 (EMAILWIRE.COM, March 20, 2023 ) Pune 8 Mar 2023: As per the Maximize Market research, a global business...

by admin
March 20, 2023
Air Motor Market expected to hit USD 1.08 Bn by 2029 during the forecast period
Press Releases

Air Motor Market expected to hit USD 1.08 Bn by 2029 during the forecast period

 (EMAILWIRE.COM, March 20, 2023 ) Pune 7 Mar 2023: As per the Maximize Market research, a global business...

by admin
March 20, 2023
Load More

POPULAR POSTS

  • Exoskeleton Market worth $3.7 billion by 2028 at a CAGR of 38.6%

    0 shares
    Share 0 Tweet 0
  • UHT Processing Market Statistics, Growth, Trends & Forecasts

    0 shares
    Share 0 Tweet 0
  • Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • Man United sale: Jim Ratcliffe says he's submitted 2nd bid – Yahoo Finance
  • Half off premium economy flights to the Maldives – The Points Guy
  • RAKTDA and FTI Group strike landmark agreement – Travel Daily
  • Byju's likely to close $250 million equity fund raise in April – The Economic Times

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC