More Electric Aircraft Market by System (Propulsion, Airframe), Component (Power Source, Actuators, Electric Pump, Power Electronics, Generator, Valves), Platform (Narrow Body, Wide Body, Regional Jet, Fighter Jet), Application, End Use - Forecast to 2029

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USD 8.01 BN
MARKET SIZE, 2029
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CAGR 7.6%
(2024-2029)
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283
REPORT PAGES
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338
MARKET TABLES

OVERVIEW

More Electric Aircraft Market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The more electric aircraft market is projected to grow from USD 5.56 Billion in 2024 and reach USD 8.01 Billion by 2029, at a CAGR of 7.6% during the forecast period.The More Electric Aircraft (MEA) market is experiencing robust growth driven by increasing environmental regulations, technological advancements, and the need for operational efficiency.

KEY TAKEAWAYS

  • By Region
    The European market accounted for a 38.5% revenue share in 2024.
  • By End User
    By end user, the Civil segment is expected to dominate the market.
  • By Application
    By application, the Power Conversion segment is projected to grow at the fastest rate from 2024 to 2029, registering the highest CAGR of 8.3%.
  • By Platform
    By platform, the Rotary Wing segment is projected to grow at the fastest rate from 2024 to 2029, registering the highest CAGR of 12.8%.
  • COMPETITIVE LANDSCAPE- Key Players
    SAFRAN S.A., Honeywell International Inc., and RTX were identified as some of the star players in the more electric aircraft market (global), given their strong market share and product footprint.
  • COMPETITIVE LANDSCAPE- Startups
    PBS AEROSPACE, AVIONIC INSTRUMENTS, LLC,and EAGLEPICHER TECHNOLOGIES LLC among others, have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging market leaders

More electric aircraft involve using electric power for all non-propulsive systems in an aircraft instead of pneumatic and hydraulic power sources. The market is witnessing rapid growth due to environmental, regulatory, operational, and technological factors. An important reason for the growth of the market is the aviation industry's focus on carbon emission reduction and fuel consumption reduction.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The impact on customers' customers in the more electric aircraft market stems from evolving use cases, new technologies, and a rapidly shifting ecosystem. Airlines, commercial operators, military aviation, and government bodies are adopting electric and hybrid-electric platforms, with energy management and power electronics becoming core focus areas. These shifts toward advanced batteries, electric motor systems, and immersive technologies directly influence client operations and revenue models, driving the market's transition toward high-energy density and next-generation aircraft.

More Electric Aircraft Market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Development of high-density battery solutions for more electric aircraft
  • Increasing use of electric technology to optimize aircraft performance
RESTRAINTS
Impact
Level
  • High capital requirements and longer clearance periods
  • Potential for overheating of electrical systems
OPPORTUNITIES
Impact
Level
  • Introduction of alternative power sources for electric power generation
  • Advancements in power electronic components
CHALLENGES
Impact
Level
  • Requirement for reliable cable systems
  • Significant increase in maximum take-off weight

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Development of high-density battery solutions for more electric aircraft

The market is gaining momentum as OEMs invest in high-density battery systems that enhance energy efficiency and support longer mission profiles. These advancements enable higher power availability for electric subsystems, accelerating adoption across commercial and military platforms.

Restraint: High capital requirements and longer clearance periods

High upfront investment for electrification technologies, coupled with lengthy certification and regulatory approval cycles, slows program timelines. These constraints make it challenging for OEMs and suppliers to scale deployment at the pace required by the market.

Opportunity: Introduction of alternative power sources for electric power generation

The emergence of fuel cells, hybrid-electric architectures, and next-generation power electronics presents new pathways for improving aircraft efficiency. These technologies expand the addressable market and enable OEMs to diversify propulsion strategies beyond conventional electrical systems.

Challenge: Requirement for reliable cable systems

As aircraft subsystems become increasingly electrified, the demand for high-integrity, lightweight, and heat-resistant cable systems grows significantly. Ensuring reliability under high loads and harsh operating conditions remains a critical engineering challenge for suppliers.

MORE ELECTRIC AIRCRAFT MARKET SIZE, SHARE & GROWTH: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Optimization of more electric aircraft architecture to shift systems from hydraulic to electric for improved operational efficiency. Reduces aircraft weight, lowers per-passenger operating costs, enhances maneuverability, and improves survivability due to fewer failure-prone components.
Development of the 131-9D auxiliary power unit (APU) and high-efficiency mode (HEM) upgrade for single-aisle aircraft. Provides faster engine starts, higher power output, improved fuel efficiency, and lower environmental footprint, backed by over 100 million in-service hours.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The more electric aircraft ecosystem consists of OEM manufacturers (Safran, AMETEK, BAE Systems, Parker, Honeywell, RTX) and service and solution providers (Woodward, Moog, Pioneer Magnetics, magniX). OEMs develop advanced electric systems, power electronics, and actuation technologies that form the core of next-generation aircraft architectures. Service providers supply specialized components such as electric drives, converters, and power management units that enable efficient and reliable system integration.

More Electric Aircraft Market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

More Electric Aircraft Market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

More Electric Aircraft Market, By End User

As of 2024, the civil segment held the largest share of the more electric aircraft market and is expected to maintain its lead through 2025, driven by rising commercial air travel and stronger sustainability mandates. Airlines are increasingly adopting electric subsystems to reduce fuel consumption, improve operational efficiency, and meet emission regulations. This sustained investment in fleet modernization reinforces the dominance of civil aviation in the market.

More Electric Aircraft Market, By Application

As of 2024, power distribution systems accounted for the largest share of the more electric aircraft market owing to their critical role in managing electrical loads across the aircraft architecture. These systems support the transition from pneumatic and hydraulic mechanisms to electric alternatives, enhancing efficiency and reliability. Growing adoption of high-voltage systems further strengthens the leadership of the power distribution segment.

More Electric Aircraft Market, By Platform

As of 2024, fixed-wing aircraft led the more electric aircraft market and will continue dominating through 2025 due to extensive electrification initiatives across both commercial and military platforms. New-generation aircraft and long-term fleet replacement programs rely heavily on electric actuation, power electronics, and advanced energy systems. The scale of global fixed-wing operations firmly positions this platform at the forefront of market demand.

More Electric Aircraft Market, By System

As of 2024, aircraft systems held the largest market share, driven by increased adoption of electric propulsion support units, environmental control systems, and advanced actuation technologies. OEMs are prioritizing the electrification of core aircraft functions to improve performance, reduce weight, and enhance energy efficiency. This focus ensures the aircraft system segment remains central to the industry’s electrification roadmap.

More Electric Aircraft Market, By Component

As of 2024, generators represented the largest share of the component segment due to growing demand for high-output, lightweight electrical generation units. These systems provide the necessary power to support electric flight controls, avionics, and environmental systems. Advancements in high-efficiency generators strengthen their role as a critical enabling technology in next-generation electric aircraft architectures.

REGION

Europe to be fastest-growing region in global more electric aircraft market during forecast period

Europe is expected to lead in the more electric aircraft market, driven by strong regulatory pressures, substantial investment in sustainable aviation, and a well-established aerospace industry dedicated to electric and hybrid-electric innovations. The region is aiming at net-zero carbon emissions by 2050, with specific mandates for reducing aviation emissions.

More Electric Aircraft Market Region

MORE ELECTRIC AIRCRAFT MARKET SIZE, SHARE & GROWTH: COMPANY EVALUATION MATRIX

In the more electric aircraft market matrix, Honeywell (Star) leads with a strong market share and extensive product footprint, driven by its advanced power electronics, electric actuation systems, and high-efficiency generators widely adopted across commercial and defense aviation. BAE Systems (Emerging Leader) is gaining visibility with its expanding electric propulsion support technologies and tailored solutions for aircraft electrification, strengthening its position through innovation and niche subsystem offerings. While Honeywell dominates through scale and a diverse portfolio, BAE Systems shows significant potential to move toward the leaders’ quadrant as demand for next-generation electric aircraft systems continues to rise.

More Electric Aircraft Market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 5.56 Billion
Market Forecast in 2030 (Value) USD 8.01 Billion
Growth Rate CAGR of 7.6% from 2024-2029
Years Considered 2020-2029
Base Year 2023
Forecast Period 2024-2029
Units Considered Value (USD Million/Billion)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • By End User: Civil and Military
  • By Application:
    • Power Generation
    • Power Distribution
    • Power Conversion
    • and Energy Storage
  • By Platform: Fixed-Wing and Rotary-Wing
  • By System: Propulsion Systems and Airframe Systems
  • By Component:
    • Power Sources
    • Actuators
    • Electric Pumps
    • Power Electronics
    • Distribution Devices
    • Generators
    • and Valves
Regions Covered North America, Asia Pacific, Europe, Middle East & Africa, Latin America

WHAT IS IN IT FOR YOU: MORE ELECTRIC AIRCRAFT MARKET SIZE, SHARE & GROWTH REPORT CONTENT GUIDE

More Electric Aircraft Market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Leading Manufacturer Additional segment breakdown for countries Additional country-level market sizing tables for segments/sub-segments covered at the regional/global level to gain an understanding of market potential by each country
Emerging Leader Additional company profiles Competitive information on targeted players to gain granular insights on direct competition
Regional Market Leader Additional country market estimates Additional country-level deep dive for a more targeted understanding of the total addressable market

RECENT DEVELOPMENTS

  • June 2024 : GE Aerospace (US) partnered with NASA to develop a hybrid electric demonstrator engine that will embed electric motors/generators in a high-bypass commercial turbofan to supplement power during different phases of operation.
  • August 2023 : Astronics Corporation (US) won a contract from Bell Textron Inc (US) to support the development of the V-280 Valor for the US Army Future Long Range Assault Aircraft (FLRAA) program.
  • June 2023 : Safran Helicopter Engines (France) and AURA AERO (France) signed a partnership agreement for Electric Regional Aircraft (ERA) propulsion.

Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
1
INTRODUCTION
 
 
 
 
 
30
2
RESEARCH METHODOLOGY
 
 
 
 
 
35
3
EXECUTIVE SUMMARY
 
 
 
 
 
46
4
PREMIUM INSIGHTS
 
 
 
 
 
50
5
MARKET OVERVIEW
Explore how electric advancements are revolutionizing aircraft efficiency, cost, and environmental impact.
 
 
 
 
 
53
 
5.1
INTRODUCTION
 
 
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
 
 
5.2.1.1
DEVELOPMENT OF HIGH-DENSITY BATTERY SOLUTIONS FOR MORE ELECTRIC AIRCRAFT
 
 
 
 
 
 
5.2.1.2
INCREASING USE OF ELECTRIC TECHNOLOGY TO OPTIMIZE AIRCRAFT PERFORMANCE
 
 
 
 
 
 
5.2.1.3
LOWERING OF OPERATIONAL AND MAINTENANCE COSTS
 
 
 
 
 
 
5.2.1.4
REDUCTION IN EMISSIONS AND AIRCRAFT NOISE
 
 
 
 
 
 
5.2.1.5
TECHNOLOGICAL ADVANCEMENTS IN ELECTRIC SYSTEMS
 
 
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
 
 
5.2.2.1
HIGH CAPITAL REQUIREMENTS AND LONGER CLEARANCE PERIODS
 
 
 
 
 
 
5.2.2.2
POTENTIAL FOR OVERHEATING OF ELECTRICAL SYSTEMS
 
 
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
 
 
5.2.3.1
INTRODUCTION OF ALTERNATIVE POWER SOURCES FOR ELECTRIC POWER GENERATION
 
 
 
 
 
 
5.2.3.2
ADVANCEMENTS IN POWER ELECTRONIC COMPONENTS
 
 
 
 
 
 
5.2.3.3
ADOPTION OF URBAN AIR MOBILITY (UAM) TECHNOLOGIES
 
 
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
 
 
5.2.4.1
REQUIREMENT FOR RELIABLE CABLE SYSTEMS
 
 
 
 
 
 
5.2.4.2
SIGNIFICANT INCREASE IN MAXIMUM TAKE-OFF WEIGHT
 
 
 
 
5.3
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
 
 
 
5.3.1
REVENUE SHIFTS AND NEW REVENUE POCKETS FOR MORE ELECTRIC AIRCRAFT MARKET
 
 
 
 
 
5.4
VALUE CHAIN ANALYSIS
 
 
 
 
 
 
 
5.5
ECOSYSTEM ANALYSIS
 
 
 
 
 
 
 
 
5.5.1
PROMINENT COMPANIES
 
 
 
 
 
 
5.5.2
PRIVATE AND SMALL ENTERPRISES
 
 
 
 
 
 
5.5.3
END USERS
 
 
 
 
 
5.6
TECHNOLOGY ANALYSIS
 
 
 
 
 
 
 
5.6.1
KEY TECHNOLOGIES
 
 
 
 
 
 
 
5.6.1.1
TURBOGENERATORS FOR POWERING ELECTRIC MOTORS AND BATTERIES
 
 
 
 
 
 
5.6.1.2
ELECTRIC ACTUATORS
 
 
 
 
 
5.6.2
ADJACENT TECHNOLOGIES
 
 
 
 
 
 
 
5.6.2.1
FLY-BY-WIRE
 
 
 
 
5.7
CASE STUDY ANALYSIS
 
 
 
 
 
 
 
5.7.1
HONEYWELL OPTIMIZES MORE ELECTRIC ARCHITECTURE
 
 
 
 
 
 
5.7.2
HONEYWELL SUCCESSFULLY DESIGNS AUXILIARY POWER UNIT FOR BOEING
 
 
 
 
 
 
5.7.3
ELECTRIC TAXI SYSTEMS
 
 
 
 
 
5.8
PRICING ANALYSIS
 
 
 
 
 
 
 
 
5.8.1
AVERAGE SELLING PRICE RANGE, BY COMPONENT
 
 
 
 
 
 
5.8.2
INDICATIVE PRICING ANALYSIS, BY COMPONENT
 
 
 
 
 
 
5.8.3
AVERAGE SELLING PRICE RANGE, BY PLATFORM, 2023
 
 
 
 
 
5.9
MORE ELECTRIC AIRCRAFT, BY AIRCRAFT TYPE
 
 
 
 
 
 
5.10
KEY STAKEHOLDERS AND BUYING CRITERIA
 
 
 
 
 
 
 
 
5.10.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
 
 
5.10.2
BUYING CRITERIA
 
 
 
 
 
5.11
REGULATORY LANDSCAPE
 
 
 
 
 
 
 
5.11.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
5.12
TRADE ANALYSIS
 
 
 
 
 
 
 
5.13
KEY CONFERENCES AND EVENTS, 2024–2025
 
 
 
 
 
 
5.14
BUSINESS MODEL
 
 
 
 
 
 
5.15
TOTAL COST OF OWNERSHIP
 
 
 
 
 
 
5.16
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
 
 
5.17
BILL OF MATERIALS
 
 
 
 
 
 
5.18
TECHNOLOGY ROADMAP
 
 
 
 
 
 
5.19
IMPACT OF GENERATIVE AI
 
 
 
 
 
 
 
5.19.1
INTRODUCTION
 
 
 
 
 
 
5.19.2
ADOPTION OF AI IN AVIATION BY TOP COUNTRIES
 
 
 
 
 
 
5.19.3
IMPACT OF AI ON AVIATION: USE CASES
 
 
 
 
 
 
5.19.4
IMPACT OF AI ON MORE ELECTRIC AIRCRAFT MARKET
 
 
 
 
 
5.20
MACROECONOMIC OUTLOOK
 
 
 
 
 
 
 
5.20.1
NORTH AMERICA
 
 
 
 
 
 
5.20.2
EUROPE
 
 
 
 
 
 
5.20.3
ASIA PACIFIC
 
 
 
 
 
 
5.20.4
MIDDLE EAST
 
 
 
 
 
 
5.20.5
LATIN AMERICA
 
 
 
 
 
 
5.20.6
AFRICA
 
 
 
 
6
INDUSTRY TRENDS
Electric aviation advances with smart systems, sustainable fuels, and cutting-edge battery innovations.
 
 
 
 
 
88
 
6.1
INTRODUCTION
 
 
 
 
 
 
6.2
TECHNOLOGY TRENDS
 
 
 
 
 
 
 
6.2.1
SHIFT FROM HYDRAULIC TO ELECTRIC LANDING GEAR
 
 
 
 
 
 
6.2.2
USE OF ELECTRICAL AND ELECTRONICS TECHNOLOGIES IN MORE ELECTRIC AIRCRAFT
 
 
 
 
 
 
 
6.2.2.1
MACHINE TECHNOLOGIES
 
 
 
 
 
 
6.2.2.2
POWER ELECTRONICS
 
 
 
 
 
 
6.2.2.3
ENERGY MANAGEMENT
 
 
 
 
 
6.2.3
ADVANCED BATTERIES
 
 
 
 
 
 
 
6.2.3.1
LITHIUM-SULFUR (LI-S)
 
 
 
 
 
6.2.4
ELECTRIC MOTOR-DRIVEN SMART PUMPS
 
 
 
 
 
 
6.2.5
HIGH-VOLTAGE POWER DISTRIBUTION
 
 
 
 
 
 
6.2.6
ELECTRIC ACTUATION SYSTEMS (FLY-BY-WIRE)
 
 
 
 
 
 
6.2.7
3D PRINTING
 
 
 
 
 
6.3
SUPPLY CHAIN ANALYSIS
 
 
 
 
 
 
 
6.4
IMPACT OF MEGATRENDS
 
 
 
 
 
 
 
6.4.1
SUSTAINABLE AVIATION FUEL
 
 
 
 
 
6.5
PATENT ANALYSIS
 
 
 
 
 
 
7
MORE ELECTRIC AIRCRAFT MARKET, BY END USER
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 2 Data Tables
 
 
 
 
 
96
 
7.1
INTRODUCTION
 
 
 
 
 
 
7.2
CIVIL
 
 
 
 
 
 
 
7.2.1
FOCUS ON REDUCING EMISSIONS TO PROPEL MARKET
 
 
 
 
 
7.3
MILITARY
 
 
 
 
 
 
 
7.3.1
INCREASED DEFENSE SPENDING TO DRIVE MARKET
 
 
 
 
8
MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 2 Data Tables
 
 
 
 
 
99
 
8.1
INTRODUCTION
 
 
 
 
 
 
8.2
POWER GENERATION
 
 
 
 
 
 
 
8.2.1
INCREASING DEMAND FOR MORE ELECTRIC ARCHITECTURE TO FUEL MARKET
 
 
 
 
 
8.3
POWER DISTRIBUTION
 
 
 
 
 
 
 
8.3.1
ABILITY TO DETECT VOLTAGE AND PROVIDE PROMPT LOAD SHUT-OFF TO DRIVE DEMAND
 
 
 
 
 
8.4
POWER CONVERSION
 
 
 
 
 
 
 
8.4.1
NEED TO INCREASE OPERATIONAL EFFICIENCY TO GENERATE DEMAND
 
 
 
 
 
8.5
ENERGY STORAGE
 
 
 
 
 
 
 
8.5.1
INCREASED USE OF ADVANCED BATTERY AND FUEL CELL SYSTEMS TO BOOST MARKET
 
 
 
 
9
MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 4 Data Tables
 
 
 
 
 
103
 
9.1
INTRODUCTION
 
 
 
 
 
 
9.2
FIXED-WING
 
 
 
 
 
 
 
9.2.1
IMPROVED FUEL CONSUMPTION AND RELIABILITY TO DRIVE DEMAND
 
 
 
 
 
 
9.2.2
NARROW-BODY AIRCRAFT (NBA)
 
 
 
 
 
 
 
9.2.2.1
REDUCTION IN WEIGHT FACTOR TO DRIVE MARKET
 
 
 
 
 
9.2.3
WIDE-BODY AIRCRAFT (WBA)
 
 
 
 
 
 
 
9.2.3.1
NEED TO LOWER CARBON FOOTPRINT TO FUEL MARKET
 
 
 
 
 
9.2.4
REGIONAL AIRCRAFT
 
 
 
 
 
 
 
9.2.4.1
INCREASE IN AIR PASSENGER TRAFFIC TO FUEL DEMAND
 
 
 
 
 
9.2.5
FIGHTER JETS
 
 
 
 
 
 
 
9.2.5.1
INCREASING MILITARY BUDGETS TO BOOST MARKET
 
 
 
 
9.3
ROTARY-WING
 
 
 
 
 
 
 
9.3.1
NEED FOR INCREASED OPERATIONAL EFFICIENCY TO DRIVE MARKET
 
 
 
 
10
MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 6 Data Tables
 
 
 
 
 
109
 
10.1
INTRODUCTION
 
 
 
 
 
 
10.2
PROPULSION SYSTEMS
 
 
 
 
 
 
 
10.2.1
FUEL MANAGEMENT SYSTEMS
 
 
 
 
 
 
 
10.2.1.1
HELP REDUCE FUEL USAGE
 
 
 
 
 
10.2.2
THRUST REVERSER SYSTEMS
 
 
 
 
 
 
 
10.2.2.1
FACILITATE REDUCED BRAKE WEAR
 
 
 
 
10.3
AIRFRAME SYSTEMS
 
 
 
 
 
 
 
10.3.1
ENVIRONMENTAL CONTROL SYSTEMS
 
 
 
 
 
 
 
10.3.1.1
ENSURE COMFORTABLE CABIN ENVIRONMENT
 
 
 
 
 
10.3.2
ACCESSORY DRIVE SYSTEMS
 
 
 
 
 
 
 
10.3.2.1
HELP INCREASE POWER TRANSMISSION CAPABILITIES
 
 
 
 
 
10.3.3
POWER MANAGEMENT SYSTEMS
 
 
 
 
 
 
 
10.3.3.1
INCREASE ENERGY EFFICIENCY IN AIRCRAFT
 
 
 
 
 
10.3.4
CABIN INTERIOR SYSTEMS
 
 
 
 
 
 
 
10.3.4.1
USED TO ENHANCE CUSTOMER EXPERIENCE
 
 
 
 
 
10.3.5
FLIGHT CONTROL SYSTEMS
 
 
 
 
 
 
 
10.3.5.1
EMPLOYED TO CONTROL AIRCRAFT DIRECTION
 
 
 
 
 
10.3.6
LANDING GEAR SYSTEMS
 
 
 
 
 
 
 
10.3.6.1
FACILITATE TAKE-OFF AND LANDING
 
 
 
11
MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 12 Data Tables
 
 
 
 
 
115
 
11.1
INTRODUCTION
 
 
 
 
 
 
11.2
POWER SOURCES
 
 
 
 
 
 
 
11.2.1
BATTERIES
 
 
 
 
 
 
 
11.2.1.1
NICKEL-BASED BATTERIES
 
 
 
 
 
 
 
 
11.2.1.1.1
HIGH CAPACITY AND QUICK-CHARGING CAPABILITIES
 
 
 
 
11.2.1.2
LEAD-ACID BATTERIES
 
 
 
 
 
 
 
 
11.2.1.2.1
INCREASING USE DUE TO LOW COST AND LIMITED MAINTENANCE
 
 
 
 
11.2.1.3
LITHIUM-BASED BATTERIES
 
 
 
 
 
 
 
 
11.2.1.3.1
WIDE ADOPTION IN FUTURISTIC APPLICATIONS REQUIRING HIGH ENERGY DENSITY AND LOW WEIGHT
 
 
 
11.2.2
FUEL CELLS
 
 
 
 
 
 
 
11.2.2.1
INCREASE EFFICIENCY AND HELP TO REDUCE FUEL LOAD
 
 
 
 
 
11.2.3
SOLAR CELLS
 
 
 
 
 
 
 
11.2.3.1
ELIMINATE REQUIREMENT FOR LIQUID FUEL
 
 
 
 
11.3
ACTUATORS
 
 
 
 
 
 
 
11.3.1
ELECTRIC
 
 
 
 
 
 
11.3.2
OFFER GREATER RELIABILITY
 
 
 
 
 
 
11.3.3
HYBRID ELECTRIC
 
 
 
 
 
 
11.3.4
HELP SAVE ENERGY
 
 
 
 
 
 
 
11.3.4.1
ELECTRO-HYDROSTATIC ACTUATORS (EHA)
 
 
 
 
 
 
11.3.4.2
ELECTRO-MECHANICAL ACTUATORS (EMA)
 
 
 
 
 
 
11.3.4.3
ELECTRICAL-BACKUP HYDRAULIC ACTUATORS
 
 
 
 
11.4
ELECTRIC PUMPS
 
 
 
 
 
 
 
11.4.1
SUITED TO NEXT-GENERATION AIRCRAFT
 
 
 
 
 
11.5
POWER ELECTRONICS
 
 
 
 
 
 
 
11.5.1
RECTIFIERS
 
 
 
 
 
 
 
11.5.1.1
USED FOR AC TO DC CONVERSION
 
 
 
 
 
11.5.2
INVERTERS
 
 
 
 
 
 
 
11.5.2.1
FACILITATE DC TO AC CONVERSION
 
 
 
 
 
11.5.3
CONVERTERS
 
 
 
 
 
 
 
11.5.3.1
PROVIDE HIGH-QUALITY DC ELECTRICAL POWER FOR AEROSPACE NETWORKS
 
 
 
 
11.6
DISTRIBUTION DEVICES
 
 
 
 
 
 
 
11.6.1
WIRES & CABLES
 
 
 
 
 
 
 
11.6.1.1
INCREASING DEMAND DUE TO SHIFT TOWARD MORE ELECTRIC AIRCRAFT
 
 
 
 
 
11.6.2
CONNECTORS & CONNECTOR ACCESSORIES
 
 
 
 
 
 
 
11.6.2.1
RISING NEED FOR WELL-CONNECTED WIRING SYSTEMS TO BOOST DEMAND
 
 
 
 
 
11.6.3
BUSBARS
 
 
 
 
 
 
 
11.6.3.1
EASY INSTALLATION TO INCREASE ADOPTION
 
 
 
 
11.7
GENERATORS
 
 
 
 
 
 
 
11.7.1
STARTER GENERATORS
 
 
 
 
 
 
 
11.7.1.1
ACTS AS PARALLEL ELECTRICAL POWER SUPPLY UNITS
 
 
 
 
 
11.7.2
AUXILIARY POWER UNITS (APU)
 
 
 
 
 
 
 
11.7.2.1
PROVIDE BACK-UP ELECTRICAL SUPPLY FOR AIRCRAFT
 
 
 
 
 
11.7.3
VARIABLE SPEED CONSTANT FREQUENCY (VSCF) GENERATORS
 
 
 
 
 
 
 
11.7.3.1
OFFER MORE FLEXIBLE ELECTRICAL SYSTEM ARCHITECTURE
 
 
 
 
11.8
VALVES
 
 
 
 
 
 
 
11.8.1
REGULATE GAS LEVELS IN MEA ENGINES
 
 
 
 
12
MORE ELECTRIC AIRCRAFT MARKET, BY REGION
Comprehensive coverage of 7 Regions with country-level deep-dive of 17 Countries | 228 Data Tables.
 
 
 
 
 
126
 
12.1
INTRODUCTION
 
 
 
 
 
 
12.2
NORTH AMERICA
 
 
 
 
 
 
 
12.2.1
NORTH AMERICA: PESTLE ANALYSIS
 
 
 
 
 
 
12.2.2
US
 
 
 
 
 
 
 
12.2.2.1
PRESENCE OF LEADING OEMS TO DRIVE MARKET
 
 
 
 
 
12.2.3
CANADA
 
 
 
 
 
 
 
12.2.3.1
INCREASING R&D ACTIVITIES TO BOOST MARKET
 
 
 
 
12.3
EUROPE
 
 
 
 
 
 
 
12.3.1
EUROPE: PESTLE ANALYSIS
 
 
 
 
 
 
12.3.2
UK
 
 
 
 
 
 
 
12.3.2.1
PRESENCE OF PROMINENT AIRCRAFT OEMS TO FUEL MARKET
 
 
 
 
 
12.3.3
FRANCE
 
 
 
 
 
 
 
12.3.3.1
HIGH INVESTMENTS IN AEROSPACE INDUSTRY TO DRIVE MARKET
 
 
 
 
 
12.3.4
GERMANY
 
 
 
 
 
 
 
12.3.4.1
DEVELOPMENTS IN ELECTRIC PROPULSION TECHNOLOGIES TO DRIVE DEMAND
 
 
 
 
 
12.3.5
RUSSIA
 
 
 
 
 
 
 
12.3.5.1
GROWING AVIATION SECTOR TO BOOST MARKET
 
 
 
 
 
12.3.6
ITALY
 
 
 
 
 
 
 
12.3.6.1
INCREASING DEMAND FOR AIRCRAFT TO FUEL MARKET
 
 
 
 
 
12.3.7
REST OF EUROPE
 
 
 
 
 
12.4
ASIA PACIFIC
 
 
 
 
 
 
 
12.4.1
ASIA PACIFIC: PESTLE ANALYSIS
 
 
 
 
 
 
12.4.2
CHINA
 
 
 
 
 
 
 
12.4.2.1
GROWING DEMAND FOR AEROSPACE PRODUCTS TO FUEL MARKET
 
 
 
 
 
12.4.3
INDIA
 
 
 
 
 
 
 
12.4.3.1
RAPIDLY EXPANDING AVIATION SECTOR TO SPUR MARKET GROWTH
 
 
 
 
 
12.4.4
JAPAN
 
 
 
 
 
 
 
12.4.4.1
INCREASING IN-HOUSE DEVELOPMENT OF AIRCRAFT TO DRIVE DEMAND
 
 
 
 
 
12.4.5
SOUTH KOREA
 
 
 
 
 
 
 
12.4.5.1
PRESENCE OF ELECTRIC COMPONENT MANUFACTURERS TO SUPPORT MARKET
 
 
 
 
 
12.4.6
AUSTRALIA
 
 
 
 
 
 
 
12.4.6.1
INCREASING AIR TRAFFIC TO BOOST DEMAND
 
 
 
 
 
12.4.7
REST OF ASIA PACIFIC
 
 
 
 
 
12.5
MIDDLE EAST & AFRICA
 
 
 
 
 
 
 
12.5.1
MIDDLE EAST & AFRICA: PESTLE ANALYSIS
 
 
 
 
 
 
12.5.2
UAE
 
 
 
 
 
 
 
12.5.2.1
PRESENCE OF LEADING GLOBAL AIRLINES TO DRIVE MARKET
 
 
 
 
 
12.5.3
SAUDI ARABIA
 
 
 
 
 
 
 
12.5.3.1
SIGNIFICANT GROWTH IN ADVANCED POWER ELECTRONICS TO DRIVE MARKET
 
 
 
 
 
12.5.4
ISRAEL
 
 
 
 
 
 
 
12.5.4.1
GROWING NEED TO RAMP UP AIRCRAFT FLEET TO ACCELERATE MARKET
 
 
 
 
 
12.5.5
SOUTH AFRICA
 
 
 
 
 
 
 
12.5.5.1
EXPANDING TOURISM SECTOR TO FUEL MARKET
 
 
 
 
 
12.5.6
REST OF MIDDLE EAST & AFRICA
 
 
 
 
 
12.6
LATIN AMERICA
 
 
 
 
 
 
 
12.6.1
LATIN AMERICA: PESTLE ANALYSIS
 
 
 
 
 
 
12.6.2
BRAZIL
 
 
 
 
 
 
 
12.6.2.1
PRESENCE OF LEADING AIRLINES TO BOOST MARKET
 
 
 
 
 
12.6.3
MEXICO
 
 
 
 
 
 
 
12.6.3.1
GOVERNMENT INITIATIVES TO DRIVE MARKET
 
 
 
 
 
12.6.4
REST OF LATIN AMERICA
 
 
 
 
13
COMPETITIVE LANDSCAPE
Uncover top strategies and market dominance of key players and startups in electric aircraft.
 
 
 
 
 
204
 
13.1
INTRODUCTION
 
 
 
 
 
 
13.2
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
 
 
 
 
 
 
13.3
RANKING ANALYSIS
 
 
 
 
 
 
13.4
REVENUE ANALYSIS OF TOP 5 PLAYERS, 2020–2023
 
 
 
 
 
 
 
13.5
MARKET SHARE ANALYSIS, 2023
 
 
 
 
 
 
 
13.6
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
 
 
 
 
 
 
 
 
13.6.1
STARS
 
 
 
 
 
 
13.6.2
EMERGING LEADERS
 
 
 
 
 
 
13.6.3
PERVASIVE PLAYERS
 
 
 
 
 
 
13.6.4
PARTICIPANTS
 
 
 
 
 
 
13.6.5
COMPANY FOOTPRINT
 
 
 
 
 
13.7
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
 
 
 
 
 
 
 
 
13.7.1
PROGRESSIVE COMPANIES
 
 
 
 
 
 
13.7.2
RESPONSIVE COMPANIES
 
 
 
 
 
 
13.7.3
DYNAMIC COMPANIES
 
 
 
 
 
 
13.7.4
STARTING BLOCKS
 
 
 
 
 
 
13.7.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
 
 
 
 
 
13.8
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
 
 
13.9
BRAND/PRODUCT COMPARISON
 
 
 
 
 
 
 
13.10
COMPETITIVE SCENARIO
 
 
 
 
 
 
 
13.10.1
PRODUCT LAUNCHES
 
 
 
 
 
 
13.10.2
DEALS
 
 
 
 
14
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
 
 
228
 
14.1
INTRODUCTION
 
 
 
 
 
 
14.2
KEY PLAYERS
 
 
 
 
 
 
 
14.2.1
SAFRAN S.A.
 
 
 
 
 
 
 
14.2.1.1
BUSINESS OVERVIEW
 
 
 
 
 
 
14.2.1.2
PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
14.2.1.3
RECENT DEVELOPMENTS
 
 
 
 
 
 
 
 
14.2.1.3.1
DEALS
 
 
 
 
14.2.1.4
MNM VIEW
 
 
 
 
 
 
 
 
14.2.1.4.1
KEY STRENGTHS
 
 
 
 
 
 
14.2.1.4.2
STRATEGIC CHOICES
 
 
 
 
 
 
14.2.1.4.3
WEAKNESSES AND COMPETITIVE THREATS
 
 
 
14.2.2
HONEYWELL INTERNATIONAL, INC.
 
 
 
 
 
 
14.2.3
RTX
 
 
 
 
 
 
14.2.4
GENERAL ELECTRIC
 
 
 
 
 
 
14.2.5
PARKER HANNIFIN CORPORATION
 
 
 
 
 
 
14.2.6
BAE SYSTEMS PLC
 
 
 
 
 
 
14.2.7
BOMBARDIER INC.
 
 
 
 
 
 
14.2.8
EMBRAER S.A.
 
 
 
 
 
 
14.2.9
LIEBHERR
 
 
 
 
 
 
14.2.10
AMETEK, INC.
 
 
 
 
 
 
14.2.11
NABTESCO CORPORATION
 
 
 
 
 
 
14.2.12
MOOG INC.
 
 
 
 
 
 
14.2.13
ASTRONICS CORPORATION
 
 
 
 
 
 
14.2.14
ROLLS-ROYCE PLC
 
 
 
 
 
 
14.2.15
EATON
 
 
 
 
 
 
14.2.16
AMPHENOL CORPORATION
 
 
 
 
 
14.3
OTHER PLAYERS
 
 
 
 
 
 
 
14.3.1
PBS AEROSPACE
 
 
 
 
 
 
14.3.2
AVIONIC INSTRUMENTS, LLC
 
 
 
 
 
 
14.3.3
EAGLEPICHER TECHNOLOGIES LLC
 
 
 
 
 
 
14.3.4
PIONEER MAGNETICS
 
 
 
 
 
 
14.3.5
WRIGHT ELECTRIC
 
 
 
 
 
 
14.3.6
MAGNIX
 
 
 
 
 
 
14.3.7
RADIANT POWER CORPORATION
 
 
 
 
 
 
14.3.8
AMPAIRE
 
 
 
 
 
 
14.3.9
WOODWARD
 
 
 
 
15
APPENDIX
 
 
 
 
 
281
 
15.1
DISCUSSION GUIDE
 
 
 
 
 
 
15.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
 
 
15.3
CUSTOMIZATION OPTIONS
 
 
 
 
 
 
15.4
RELATED REPORTS
 
 
 
 
 
 
15.5
AUTHOR DETAILS
 
 
 
 
 
LIST OF TABLES
 
 
 
 
 
 
 
TABLE 1
MORE ELECTRIC AIRCRAFT MARKET: INCLUSIONS AND EXCLUSIONS
 
 
 
 
 
 
TABLE 2
USD EXCHANGE RATES
 
 
 
 
 
 
TABLE 3
KEY PRIMARY SOURCES
 
 
 
 
 
 
TABLE 4
MORE ELECTRIC AIRCRAFT MARKET: ROLE OF COMPANIES IN ECOSYSTEM
 
 
 
 
 
 
TABLE 5
AVERAGE SELLING PRICING RANGE FOR HYBRID ACTUATORS, 2023 (USD)
 
 
 
 
 
 
TABLE 6
AVERAGE SELLING PRICE RANGE, BY PLATFORM (USD MILLION), 2023
 
 
 
 
 
 
TABLE 7
MORE ELECTRIC AIRCRAFT: VOLUME DATA, BY AIRCRAFT TYPE
 
 
 
 
 
 
TABLE 8
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF END USERS (%)
 
 
 
 
 
 
TABLE 9
KEY BUYING CRITERIA FOR END USERS
 
 
 
 
 
 
TABLE 10
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 11
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 12
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 13
MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 14
LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
 
 
TABLE 15
MORE ELECTRIC MARKET: CONFERENCES AND EVENTS, 2024–2025
 
 
 
 
 
 
TABLE 16
MORE ELECTRIC AIRCRAFT MARKET: TOTAL COST OF OWNERSHIP
 
 
 
 
 
 
TABLE 17
PENETRATION OF ELECTRICAL SYSTEMS, BY AIRCRAFT TYPE
 
 
 
 
 
 
TABLE 18
TYPES OF ADVANCED AIRCRAFT BATTERIES: COMPARATIVE STUDY
 
 
 
 
 
 
TABLE 19
MORE ELECTRIC AIRCRAFT MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2020–2023
 
 
 
 
 
 
TABLE 20
MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 21
MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 22
MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 23
MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 24
MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 25
MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 26
FIXED-WING: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 27
FIXED-WING: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 28
MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 29
MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 30
PROPULSION SYSTEMS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 31
PROPULSION SYSTEMS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 32
AIRFRAME SYSTEMS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 33
AIRFRAME SYSTEMS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 34
MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 35
MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 36
ACTUATORS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 37
ACTUATORS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 38
HYBRID ELECTRIC: MORE ELECTRIC AIRCRAFT MARKET FOR ACTUATORS, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 39
HYBRID ELECTRIC: MORE ELECTRIC AIRCRAFT MARKET FOR ACTUATORS, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 40
POWER ELECTRONICS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2020–2023(USD MILLION)
 
 
 
 
 
 
TABLE 41
POWER ELECTRONICS: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2024–2029(USD MILLION)
 
 
 
 
 
 
TABLE 42
DISTRIBUTION DEVICES: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 43
DISTRIBUTION DEVICES: MORE ELECTRIC AIRCRAFT MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 44
GENERATORS: MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 45
GENERATORS: MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 46
MORE ELECTRIC AIRCRAFT MARKET, BY REGION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 47
MORE ELECTRIC AIRCRAFT MARKET, BY REGION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 48
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 49
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 50
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 51
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 52
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 53
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 54
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 55
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 56
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 57
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 58
US: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 59
US: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 60
US: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 61
US: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 62
US: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 63
US: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 64
US: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 65
US: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 66
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 67
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 68
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 69
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 70
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 71
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 72
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 73
CANADA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 74
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 75
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 76
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 77
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 78
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 79
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 80
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 81
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 82
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 83
EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 84
UK: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 85
UK: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 86
UK: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 87
UK: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 88
UK: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 89
UK: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 90
UK: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 91
UK: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 92
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 93
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 94
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 95
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 96
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 97
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 98
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 99
FRANCE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 100
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 101
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 102
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 103
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 104
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 105
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 106
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 107
GERMANY: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 108
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 109
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 110
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 111
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 112
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 113
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 114
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 115
RUSSIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 116
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 117
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 118
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 119
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 120
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 121
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 122
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 123
ITALY: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 124
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 125
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 126
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 127
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 128
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 129
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 130
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 131
REST OF EUROPE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 132
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 133
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 134
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 135
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 136
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 137
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 138
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 139
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 140
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 141
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 142
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 143
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 144
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 145
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 146
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 147
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 148
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 149
CHINA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 150
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 151
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 152
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 153
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 154
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 155
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 156
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 157
INDIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 158
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 159
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 160
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 161
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 162
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 163
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 164
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 165
JAPAN: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 166
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 167
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 168
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 169
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 170
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 171
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 172
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 173
SOUTH KOREA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 174
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 175
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 176
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 177
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 178
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 179
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 180
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 181
AUSTRALIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 182
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 183
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 184
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 185
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 186
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 187
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 188
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 189
REST OF ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 190
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 191
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 192
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 193
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 194
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 195
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 196
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 197
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 198
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 199
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 200
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 201
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 202
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 203
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 204
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 205
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 206
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 207
UAE: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 208
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 209
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 210
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 211
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 212
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 213
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 214
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 215
SAUDI ARABIA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 216
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 217
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 218
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 219
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 220
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 221
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 222
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 223
ISRAEL: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 224
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 225
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 226
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 227
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 228
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 229
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 230
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 231
SOUTH AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 232
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 233
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 234
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 235
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 236
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 237
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 238
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 239
REST OF MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 240
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 241
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 242
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 243
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 244
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 245
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 246
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 247
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 248
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 249
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 250
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 251
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 252
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 253
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 254
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 255
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 256
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 257
BRAZIL: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 258
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 259
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 260
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 261
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 262
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 263
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 264
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 265
MEXICO: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 266
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 267
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 268
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 269
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 270
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 271
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 272
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2020–2023 (USD MILLION)
 
 
 
 
 
 
TABLE 273
REST OF LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
TABLE 274
KEY DEVELOPMENTS BY LEADING MARKET PLAYERS, JANUARY 2020–SEPTEMBER 2024
 
 
 
 
 
 
TABLE 275
MORE ELECTRIC AIRCRAFT MARKET: DEGREE OF COMPETITION
 
 
 
 
 
 
TABLE 276
END USER FOOTPRINT
 
 
 
 
 
 
TABLE 277
SYSTEM FOOTPRINT
 
 
 
 
 
 
TABLE 278
REGION FOOTPRINT
 
 
 
 
 
 
TABLE 279
MORE ELECTRIC AIRCRAFT MARKET: DETAILED LIST OF KEY STARTUPS/SMES
 
 
 
 
 
 
TABLE 280
MORE ELECTRIC AIRCRAFT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
 
 
 
 
TABLE 281
MORE ELECTRIC AIRCRAFT MARKET: PRODUCT LAUNCHES, JANUARY 2020–SEPTEMBER 2024
 
 
 
 
 
 
TABLE 282
MORE ELECTRIC AIRCRAFT MARKET: DEALS, JANUARY 2020–SEPTEMBER 2024
 
 
 
 
 
 
TABLE 283
MORE ELECTRIC AIRCRAFT: OTHER DEVELOPMENTS, JANUARY 2020–SEPTEMBER 2024
 
 
 
 
 
 
TABLE 284
SAFRAN S.A.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 285
SAFRAN S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 286
SAFRAN S.A.: DEALS
 
 
 
 
 
 
TABLE 287
HONEYWELL INTERNATIONAL, INC.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 288
HONEYWELL INTERNATIONAL, INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 289
HONEYWELL INTERNATIONAL, INC.: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 290
HONEYWELL INTERNATIONAL, INC.: DEALS
 
 
 
 
 
 
TABLE 291
HONEYWELL INTERNATIONAL, INC.: OTHER DEVELOPMENTS
 
 
 
 
 
 
TABLE 292
RTX: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 293
RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 294
RTX: DEALS
 
 
 
 
 
 
TABLE 295
RTX: OTHER DEVELOPMENTS
 
 
 
 
 
 
TABLE 296
GENERAL ELECTRIC: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 297
GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 298
GENERAL ELECTRIC: DEALS
 
 
 
 
 
 
TABLE 299
GENERAL ELECTRIC: OTHER DEVELOPMENTS
 
 
 
 
 
 
TABLE 300
PARKER HANNIFIN CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 301
PARKER HANNIFIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 302
PARKER HANNIFIN CORPORATION: DEALS
 
 
 
 
 
 
TABLE 303
BAE SYSTEMS PLC: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 304
BAE SYSTEMS PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 305
BAE SYSTEMS PLC: OTHER DEVELOPMENTS
 
 
 
 
 
 
TABLE 306
BOMBARDIER INC.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 307
BOMBARDIER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 308
EMBRAER S.A.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 309
EMBRAER S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 310
LIEBHERR: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 311
LIEBHERR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 312
AMETEK, INC.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 313
AMETEK, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 314
AMETEK, INC.: DEALS
 
 
 
 
 
 
TABLE 315
NABTESCO CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 316
NABTESCO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 317
MOOG INC.: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 318
MOOG INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 319
MOOG INC.: DEALS
 
 
 
 
 
 
TABLE 320
ASTRONICS CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 321
ASTRONICS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 322
ASTRONICS CORPORATION: OTHER DEVELOPMENTS
 
 
 
 
 
 
TABLE 323
ROLLS-ROYCE PLC: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 324
ROLLS-ROYCE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 325
ROLLS-ROYCE PLC: PRODUCT LAUNCHES
 
 
 
 
 
 
TABLE 326
EATON: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 327
EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 328
AMPHENOL CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 329
AMPHENOL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
 
 
TABLE 330
PBS AEROSPACE: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 331
AVIONIC INSTRUMENTS, LLC: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 332
EAGLEPICHER TECHNOLOGIES LLC: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 333
PIONEER MAGNETICS: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 334
WRIGHT ELECTRIC: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 335
MAGNIX: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 336
RADIANT POWER CORPORATION: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 337
AMPAIRE: COMPANY OVERVIEW
 
 
 
 
 
 
TABLE 338
WOODWARD: COMPANY OVERVIEW
 
 
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
 
 
FIGURE 1
YEARS CONSIDERED
 
 
 
 
 
 
FIGURE 2
MORE ELECTRIC AIRCRAFT MARKET: RESEARCH PROCESS FLOW
 
 
 
 
 
 
FIGURE 3
MORE ELECTRIC AIRCRAFT MARKET: RESEARCH DESIGN
 
 
 
 
 
 
FIGURE 4
BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
 
 
 
 
 
 
FIGURE 5
RESEARCH METHODOLOGY
 
 
 
 
 
 
FIGURE 6
MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
 
 
 
 
 
 
FIGURE 7
MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
 
 
 
 
 
 
FIGURE 8
DATA TRIANGULATION
 
 
 
 
 
 
FIGURE 9
ASSUMPTIONS FOR RESEARCH STUDY
 
 
 
 
 
 
FIGURE 10
AUXILIARY POWER UNITS (APU) SEGMENT TO DOMINATE MORE ELECTRIC AIRCRAFT MARKET FOR GENERATORS DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 11
RECTIFIERS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
 
 
 
 
 
 
FIGURE 12
HYBRID ELECTRIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 13
EUROPE TO ACCOUNT FOR LARGEST SHARE OF MORE ELECTRIC AIRCRAFT MARKET IN 2024
 
 
 
 
 
 
FIGURE 14
TECHNOLOGICAL ADVANCEMENTS IN POWER ELECTRONICS TO DRIVE MARKET
 
 
 
 
 
 
FIGURE 15
POWER DISTRIBUTION SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 16
CIVIL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 17
PROPULSION SYSTEMS SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 18
SOUTH KOREA, RUSSIA, AND GERMANY TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
 
 
FIGURE 19
MORE ELECTRIC AIRCRAFT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
 
 
 
 
 
 
FIGURE 20
REVENUE SHIFTS IN MORE ELECTRIC AIRCRAFT MARKET
 
 
 
 
 
 
FIGURE 21
MORE ELECTRIC AIRCRAFT MARKET: VALUE CHAIN ANALYSIS
 
 
 
 
 
 
FIGURE 22
MORE ELECTRIC AIRCRAFT MARKET: ECOSYSTEM MAP
 
 
 
 
 
 
FIGURE 23
AVERAGE SELLING PRICE RANGE, BY COMPONENT
 
 
 
 
 
 
FIGURE 24
AVERAGE SELLING PRICE RANGE FOR HYBRID ACTUATORS, 2023
 
 
 
 
 
 
FIGURE 25
MORE ELECTRIC AIRCRAFT MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF END USERS
 
 
 
 
 
 
FIGURE 26
MORE ELECTRIC AIRCRAFT MARKET: KEY BUYING CRITERIA FOR END USERS
 
 
 
 
 
 
FIGURE 27
IMPORT DATA OF HS CODE 8802, BY COUNTRY, 2020–2023 (USD THOUSAND)
 
 
 
 
 
 
FIGURE 28
EXPORT DATA OF HS CODE 8802, BY COUNTRY, 2020–2023 (USD THOUSAND)
 
 
 
 
 
 
FIGURE 29
MORE ELECTRIC AIRCRAFT MARKET: TOTAL COST OF OWNERSHIP
 
 
 
 
 
 
FIGURE 30
INVESTMENT AND FUNDING SCENARIO, 2020–2024
 
 
 
 
 
 
FIGURE 31
EVOLUTION OF MORE ELECTRIC TECHNOLOGIES
 
 
 
 
 
 
FIGURE 32
ADOPTION OF MORE ELECTRIC TECHNOLOGIES
 
 
 
 
 
 
FIGURE 33
AI IN AVIATION
 
 
 
 
 
 
FIGURE 34
ADOPTION OF AI IN AVIATION BY TOP COUNTRIES
 
 
 
 
 
 
FIGURE 35
IMPACT OF AI ON MORE ELECTRIC AIRCRAFT COMPONENTS
 
 
 
 
 
 
FIGURE 36
IMPACT OF AI ON MORE ELECTRIC AIRCRAFT MARKET
 
 
 
 
 
 
FIGURE 37
MORE ELECTRIC AIRCRAFT MARKET: SUPPLY CHAIN ANALYSIS
 
 
 
 
 
 
FIGURE 38
PATENT ANALYSIS, 2013–2023
 
 
 
 
 
 
FIGURE 39
MORE ELECTRIC AIRCRAFT MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
 
 
FIGURE 40
MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
 
 
 
 
 
 
FIGURE 41
MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
FIGURE 42
MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2024–2029 (USD MILLION)
 
 
 
 
 
 
FIGURE 43
MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2024–2029 (USD MILLION)
 
 
 
 
 
 
FIGURE 44
EUROPE TO ACCOUNT FOR LARGEST SHARE OF MORE ELECTRIC AIRCRAFT MARKET IN 2024
 
 
 
 
 
 
FIGURE 45
NORTH AMERICA: MORE ELECTRIC AIRCRAFT MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 46
EUROPE: MORE ELECTRIC AIRCRAFT MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 47
ASIA PACIFIC: MORE ELECTRIC AIRCRAFT MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 48
MIDDLE EAST & AFRICA: MORE ELECTRIC AIRCRAFT MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 49
LATIN AMERICA: MORE ELECTRIC AIRCRAFT MARKET SNAPSHOT
 
 
 
 
 
 
FIGURE 50
MARKET RANKING OF KEY PLAYERS, 2023
 
 
 
 
 
 
FIGURE 51
REVENUE ANALYSIS OF TOP 5 PLAYERS, 2020–2023
 
 
 
 
 
 
FIGURE 52
MARKET SHARE ANALYSIS OF MORE ELECTRIC AIRCRAFT MARKET, 2023
 
 
 
 
 
 
FIGURE 53
MORE ELECTRIC AIRCRAFT MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
 
 
 
 
 
 
FIGURE 54
COMPANY FOOTPRINT
 
 
 
 
 
 
FIGURE 55
MORE ELECTRIC AIRCRAFT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
 
 
 
 
 
 
FIGURE 56
MORE ELECTRIC AIRCRAFT MARKET: COMPANY VALUATION, 2023
 
 
 
 
 
 
FIGURE 57
MORE ELECTRIC AIRCRAFT MARKET: FINANCIAL METRICS, 2023
 
 
 
 
 
 
FIGURE 58
MORE ELECTRIC AIRCRAFT MARKET: PRODUCT COMPARISON OF KEY PLAYERS
 
 
 
 
 
 
FIGURE 59
SAFRAN S.A.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 60
HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 61
RTX: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 62
GENERAL ELECTRIC: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 63
PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 64
BAE SYTEMS PLC: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 65
BOMBARDIER INC: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 66
EMBRAER S.A.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 67
LIEBHERR: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 68
AMETEK, INC.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 69
MOOG INC.: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 70
ASTRONICS CORPORATION: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 71
ROLLS-ROYCE PLC: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 72
EATON: COMPANY SNAPSHOT
 
 
 
 
 
 
FIGURE 73
AMPHENOL CORPORATION: COMPANY SNAPSHOT
 
 
 
 
 
 

Methodology

This research study on the more electric aircraft market involved the extensive use of secondary sources, directories, and databases such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information relevant to the market. Primary sources considered included industry experts, service providers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of this industry's value chain. In-depth interviews with various primary respondents, including key industry participants, subject matter experts (SMEs), industry consultants, and C-level executives, were conducted to obtain and verify critical qualitative and quantitative information about the market and assess its growth prospects.

Secondary Research

The ranking analysis of companies in the more electric aircraft market was determined using secondary data from paid and unpaid sources and analyzing the product portfolios and service offerings of major companies operating in the market. These companies were rated based on the performance and quality of their products. Primary sources further validated these data points.

Secondary sources for this research study included financial statements of companies offering aircraft electric components for all technology stages, such as more electric aircraft, hybrid electric aircraft, and fully electric aircraft, along with various trade, business, and professional associations. The secondary data was collected and analyzed to determine the market's overall size, which primary respondents validated.

Primary Research

Through secondary research, extensive primary research was conducted after obtaining information about the more electric aircraft market's current scenario. Several primary interviews were conducted with market experts from both the demand and supply sides across five regions: North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. This primary data was collected through questionnaires, emails, and telephonic interviews.

Note: C-level Executives include the CEO, COO, and CTO, among others.

*Others include Sales Managers, Marketing Managers, and Product Managers.

The tiers of the companies have been defined based on their total revenue as of 2022.

Tier 1 = > USD 1 billion, Tier 2 = USD 100 million to USD 1 billion, and Tier 3 = < USD 100 million.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches have been used to estimate and validate the more electric aircraft market size. The following figure in this subsection represents the overall market size estimation process employed for this study.

The research methodology used to estimate the market size also includes the following details:

  • Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. This included a study of annual and financial reports of the top market players and extensive interviews with leaders, including CEOs, directors, and marketing executives.
  • All percentage shares split and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

This data has been consolidated, added with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

In the top-down approach, the overall market size has been used to estimate the size of individual subsegments (mentioned in the market segmentation) through percentage splits acquired from secondary and primary research. For the calculation of specific market segments, the most appropriate immediate parent market size has been used to implement the top-down approach. The bottom-up approach has been implemented to validate the market segment revenues obtained.

Market shares have been estimated for each company to verify the revenue shares used earlier in the bottom-up approach. With data triangulation and validation of data through primaries, the overall parent market size and each market size have been determined and confirmed in this study. The data triangulation used for this study is explained in the next section.

Data Triangulation

After arriving at the overall market size from the market size estimation process, the total market has been split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics for market segments and subsegments, data triangulation and market breakdown procedures explained below have been implemented, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Additionally, the market size has been validated using both top-down and bottom-up approaches.

Market Definition

More electric aircraft (MEA) is a concept that involves the use of electric power (as opposed to pneumatic and hydraulic sources of power) for all non-propulsive systems in an aircraft. The use of electric power helps reduce the overall weight, fuel consumption, and greenhouse emissions of an aircraft. Electrical systems also help cut down the assembly and maintenance costs of aircraft and facilitate faster manufacturing.

Stakeholders

  • Airport developers
  • Software developers
  • Research bodies.
  • Governmental bodies
  • More electric aircraft system manufacturers
  • More electric aircraft regulators
  • Investors and financial community professionals
  • Ministry of Defense of relevant nations
  • Technology support providers
  • Software/hardware/service and solution providers

Report Objectives

  • To define, describe, segment, and forecast the size of the more electric aircraft market based on system, component,  application, platform, end user, and region.
  • To forecast the size of various segments of the market with respect to five major regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and Latin America, along with major countries in each of these regions.
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market across the globe.
  • To identify industry trends, market trends, and technology trends currently prevailing in the market.
  • To provide an overview of the regulatory landscape with respect to more electric aircraft regulations across regions
  • To analyze micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
  • To analyze opportunities in the market for stakeholders by identifying key market trends
  • To profile key market players and comprehensively analyze their market share and core competencies2.
  • To analyze the degree of competition in the market by identifying key growth strategies, such as, agreements, acquisitions, contracts, and partnerships, adopted by leading market players.
  • To identify detailed financial positions, key products, and unique selling points of leading companies in the market
  • To provide a detailed competitive landscape of the market, along with market ranking analysis, market share analysis, and revenue analysis of key players

Key Questions Addressed by the Report

What is the current size of the more electric aircraft market?
The more electric aircraft market is projected to grow from USD 5.56 Billion in 2024 and reach USD 8.01 Billion by 2029 at a CAGR of 7.6% during the forecast period.
Who are the key players in the more electric aircraft market?
Safran S.A ( France), Honeywell International Inc. (US), RTX (US), General Electric (US), Parker Hannifin Corporation (US), Bae Systems plc (UK), Bomardier Inc. (Canada), Embraer S.A (Brazil), Liebherr (Switzerland), Ametek Inc. (US), Astronics Corporation (US), Moog inc. (US), Rolls-Royce Plc (UK), Amphenol Corporation (US), and Eaton (Ireland) are among the key market players.
What are some of the technological advancements in the market?
Liquid cooling systems are increasingly popular in more electric aircraft as they can absorb and transfer heat more effectively than air cooling. Liquid cooling can offer cooling even for high-heat loads, especially in tightly confined areas. It has been commonly applied in high-power electric actuators and inverters where liquid cooling enables the necessary temperature regulation, hence giving reliability to its parts. The electric taxi system (ETS) enables aircraft to taxi around the ground without relying on their main jet engines and using electric motors. Normally, taxis with jet engines consume much fuel even when proceeding at low speeds between a gate and the runway. ETS replaces this function with electrically powered systems, which are usually situated in the wheels of the landing gear, allowing the aircraft to move around with no external tugs or even jet engines.
What are the disruptive trends in the more electric aircraft market?
The more electric aircraft market is witnessing many disruptive trends that are transforming the future of aviation. High-voltage power systems are developing at a breakneck speed, and the transition to 270V and higher voltage architectures is making power distribution much more efficient for aircraft systems. This trend will continue to support the electrification of traditional hydraulic and pneumatic systems, such as flight control, landing gear, and environmental control, to achieve greater efficiency and weight savings. The emergence of advanced battery and energy storage solutions - such as solid-state batteries with significantly higher energy densities and improvements in safety over traditional lithium-ion batteries - is another disrupting trend.

 

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