Report overview
Increased demand for the use of low-cost technology by the aviation industry has resulted in a rise in the research and development on the alternatives for components, fuel source, and design of the aircraft. This has resulted in a rising preference for the use of renewable energy sources, biofuels, and other alternatives to make aircraft more convenient, environmentally friendly, and efficient. The use of Electric Motors in Aircraft holds an ample amount of opportunities as it helps in reduced sound pollution, low operating costs, and improved productivity for the aviation industry. An increase in the number of nations targeting to reach zero carbon emission by 2050 has resulted in a growth in the Global Aircraft Electric Motors Market.
This report contains market size and forecasts of Aircraft Electric Motor in global, including the following market information:
Global Aircraft Electric Motor Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Aircraft Electric Motor Market Sales, 2018-2023, 2023-2030, (K Units)
Global top five Aircraft Electric Motor companies in 2022 (%)
The global Aircraft Electric Motor market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Less than 5 kw Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Aircraft Electric Motor include Altra Industrial Motion Corporation, Moog Inc., Woodward Inc., Meggitt PLC, Rolls Royce PLC, Allied Motion, Inc., Ametek, Inc., Arc Systems Inc. and Magneto Aero Dynamics, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Aircraft Electric Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aircraft Electric Motor Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Aircraft Electric Motor Market Segment Percentages, by Type, 2022 (%)
Less than 5 kw
5 kw-10 kw
More than 10 kw
Global Aircraft Electric Motor Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Aircraft Electric Motor Market Segment Percentages, by Application, 2022 (%)
OEM
AfterSales
Global Aircraft Electric Motor Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Aircraft Electric Motor Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aircraft Electric Motor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Aircraft Electric Motor revenues share in global market, 2022 (%)
Key companies Aircraft Electric Motor sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Aircraft Electric Motor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Altra Industrial Motion Corporation
Moog Inc.
Woodward Inc.
Meggitt PLC
Rolls Royce PLC
Allied Motion, Inc.
Ametek, Inc.
Arc Systems Inc.
Magneto Aero Dynamics
MagniX
H3X Technologies Inc.
Emrax D.O.O.
Pipistrel D.O.O.
Windings Inc.
Xoar International LLC
Yasa Ltd.
