Aircraft Electric Motors Market Analysis and Global Forecast to 2026 - PowerPoint PPT Presentation

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Aircraft Electric Motors Market Analysis and Global Forecast to 2026

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The global aircraft electric motors market size is projected to grow from USD 8.4 billion in 2021 to USD 12.1 billion by 2026, at a CAGR of 7.4% from 2021 to 2026. – PowerPoint PPT presentation

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Title: Aircraft Electric Motors Market Analysis and Global Forecast to 2026


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The report on the Aircraft Electric Motors Market
provides a detailed trend analysis from 2017 to
2026. It discusses industry and technology trends
currently prevailing in the market, along with
drivers, restraints, challenges, and
opportunities that influence the growth of the
market. The global Aircraft Electric Motors
Market size is projected to grow from USD 8.4
billion in 2021 to USD 12.1 billion by 2026, at
a CAGR of 7.4 from 2021 to 2026. The market is
driven by various factors, such as increase in
aircraft renewals and rise in development of
UAvs and hybrid VTOLs. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id3248447 Based on application, the engine
control system segment is expected to be the
largest market by value. The growth of the engine
control system segment of the aircraft electric
motors market can be attributed to the increase
in the complexity of engines increasing with
more control signals and greater demand for
performance and functionality. In addition,
small electric aircraft usually have an electric
starting system during which an electrical motor
is employed along with a battery, which is the
source of electricity, wiring, switches, and
solenoids to operate the starter. Electric
motors are also used to drive the lubrication and
scavenge pumps in aircraft for oil lubrication
and fuel or coolant systems. Based on type, the
AC motor segment is projected to be the highest
CAGR rate for the aircraft electric motors
market during the forecast period. The growth of
the AC motor segment of the aircraft electric
motors market can be attributed to the
applications with varied power requirements.
These are used in actuation systems in aircraft
fans and hydraulic pumps. Based on output power,
the above 200 kW segment is projected to be the
highest CAGR rate for the aircraft electric
motors market during the forecast period. This
growth can be attributed to their ideal usage for
the propulsion of mid-sized aircraft covering
short-range flights. These motors are well-suited
to power smaller aircraft as a standalone
system or as part of a distributed system on
larger aircraft like the Eviation Alice
9-passenger aircraft. They typically have higher
torque and lesser RPM compared to smaller
motors. Based on torque, the above 200 Nm segment
is projected to be the highest CAGR rate for
the aircraft electric motors market during the
forecast period. This growth
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can be attributed to large or heavy applications
by providing high torque at a slower
speed. Based on power density, the above 10 kW/kg
segment is projected to be the highest CAGR rate
for the aircraft electric motors market during
the forecast period. This growth can be
attributed to heavy aircraft applications like
propulsion. Based on the aircraft type, the
unmanned aerial vehicles segment is projected to
grow at the highest CAGR rate for the aircraft
electric motors market during the forecast
period. UAVs are commonly termed drones and are
mostly known for their wide usage in various
military missions such as border surveillance.
They are also used for mapping, surveying, and
determining weather conditions of a specific
area. Certain remotely piloted UAVs are designed
to operate as loitering munition for defense
forces. Based on the end use, the OEM segment is
projected to grow at the highest CAGR rate for
the aircraft electric motors market during the
forecast period. OEMs are responsible for the
installation of electric motors in an aircraft
during the assembly stage and are then made
available for delivery to aircraft manufacturers.
Over the years, there has been a significant
rise in the demand for different aircraft types
across regions. According to Airbus, it delivered
863 commercial aircraft to 99 customers in
2019. North America is projected to be the
largest regional share of the aircraft electric
motors market during the forecast period. The key
factor responsible for North America, leading
the aircraft electric motors market owing to the
rapid growth of the technologically advanced
electric motors in the region. In North America,
the rise in aircraft orders and supplies is
encouraging manufacturers of aircraft electric
motors to increase their sales year on year. The
increasing demand for commercial aircraft and
the presence of some of the leading players
operating in the market, such as MagniX, H3X,
Kollmorgen, Windings Inc., Honeywell
International, Inc, are expected to drive the
aircraft electric motors market in North America.
These players are focusing on RD to increase
their product lines and using technologically
advanced systems, subsystems, and other
components for manufacturing aircraft electric
motors. Ask for Sample Report _at_ https//www.market
sandmarkets.com/requestsampleNew.asp?id3248447
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3
for deeper understanding of the unmet insights
along with market sizing and forecasts of niche
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
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