Report overview
The increase in carbon emissions due to the increase in passenger traffic is the main reason for the increase in demand for electric aircraft. Government agencies are ensuring transportation safety and solving various problems related to air transportation, such as carbon emissions and noise pollution. Policymakers are calling for all short-haul flights to be electrified. The electrification of the propulsion system is expected to increase take-off and climb power, thereby providing a highly efficient alternative to conventional turbofans. Increasing electric propulsion is expected to significantly reduce fuel combustion and thereby reduce atmospheric emissions.
This report aims to provide a comprehensive presentation of the global market for Aircraft Electrification of the Propulsion System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aircraft Electrification of the Propulsion System. This report contains market size and forecasts of Aircraft Electrification of the Propulsion System in global, including the following market information:
Global Aircraft Electrification of the Propulsion System Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global top five companies in 2022 (%)
The global Aircraft Electrification of the Propulsion System market was valued at US$ million in 2022 and is projected to reach US$ million by 2035, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Solar Powered Segment to Reach $ Million by 2035, with a % CAGR in next six years.
The global key manufacturers of Aircraft Electrification of the Propulsion System include Safran, Honeywell International, Thales Group, United Technologies Corporation, GE Aviation, Raytheon Company, AMETEK and Meggitt PLC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Aircraft Electrification of the Propulsion System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aircraft Electrification of the Propulsion System Market, by Type, 2018-2023, 2024-2035 ($ millions)
Global Aircraft Electrification of the Propulsion System Market Segment Percentages, by Type, 2022 (%)
Solar Powered
Battery Powered
Fuel Cell Powered
Global Aircraft Electrification of the Propulsion System Market, by Application, 2018-2023, 2024-2035 ($ millions)
Global Aircraft Electrification of the Propulsion System Market Segment Percentages, by Application, 2022 (%)
Commercial Aviation
Military Aviation
Business and General Aviation
Global Aircraft Electrification of the Propulsion System Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions)
Global Aircraft Electrification of the Propulsion System 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 Electrification of the Propulsion System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Aircraft Electrification of the Propulsion System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Safran
Honeywell International
Thales Group
United Technologies Corporation
GE Aviation
Raytheon Company
AMETEK
Meggitt PLC
Outline of Major Chapters:
Chapter 1: Introduces the definition of Aircraft Electrification of the Propulsion System, market overview.
Chapter 2: Global Aircraft Electrification of the Propulsion System market size in revenue.
Chapter 3: Detailed analysis of Aircraft Electrification of the Propulsion System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Aircraft Electrification of the Propulsion System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.