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Aircraft Electrification Market to Grow at 12.2% CAGR to 2030

Latest research report on “Aircraft Electrification Market Research Report” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

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Key Players- Honeywell International Inc. (US), Safran (France), Thales Group (France), United Technologies Corporation (US), GE Aviation (US), Raytheon Company (US), AMETEK (US), Meggitt PLC (UK), BAE Systems (UK), Radiant Power Corporation (US), EaglePicher Technologies LLC (Canada), Astronics Corporation (US), Pioneer Magnetics (US), Esterline Technologies (US), Crane Aerospace & Electronics (US), Hartzell Engine Technologies (US), PBS AEROSPACE (US), Nabtesco Corporation (Japan), Avionic Instruments, LLC (US), and Carlisle Interconnect Technologies (US).

 

The Aircraft Electrification Market is projected to grow from US$ 3.4 Billion in 2022 to US$ 8.6 Billion by 2030, at a CAGR of 12.2% during the forecast period. This report spread across 177 Pages, Profiling 20 Companies and Supported with 121 Tables and 46 figures is now available in this research.

 

Based on system, the propulsion systems segment is projected to lead the aircraft electrification market by 2030. Penetration of electric components in propulsion systems is projected to enhance the power for take-off, thereby enabling the replacement of turbofans with liquid-cooled electric motors.

 

The business & general aviation segment is expected to witness higher growth compared to other segments in the aircraft electrification market. The significant market growth of the segment is attributedto increasing aircraft electrification projects for domestic air transport. The increasing focus of governing bodies on the reduction of emissions in domestic air transport is driving the market for the business & general segment.

 

Competitive Landscape of Aircraft Electrification Market:

1 Introduction

2 Competitive Leadership Mapping

2.1 Visionary Leaders

2.2 Innovators

2.3 Dynamic Differentiators

2.4 Emerging Companies

3 Ranking of Key Players, 2019

4 Competitive Scenario

4.1 New Product Launches

4.2 Contracts

4.3 Other Strategies

 

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Reason to access this report:

This report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aircraft electrification market and its sub segments. The report covers the entire ecosystem of aircraft electrification in the aviation industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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