Press release distribution to media in EMEA
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
MENA NEWS | Press release distribution to media in UAE and MENA regions
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
PR distribution to media in EMEA
Submit PR
Home Press

North America Region Witnessing the Highest Growth in Aircraft Electric Motors Market by 2026

admin by admin
February 14, 2022
in Press
North America Region Witnessing the Highest Growth in Aircraft Electric Motors Market by 2026
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, February 14, 2022 ) The report “Aircraft Electric Motors Market by Type (AC motor, DC motor), Application, Output Power, Torque, Power Density, End User, Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Advanced Air Mobility), and Region – Forecast to 2026″, 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 as increase in aircraft renewals and rise in development of UAVs and hybrid VTOLs.

Browse 586 market data Tables and 48 Figures spread through 354 Pages and in-depth TOC on “Aircraft Electric Motors Market – Global Forecast to 2026”

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3248447

The aircraft electric motors market includes major players Moog Inc. (US), Meggitt PLC (UK), Altra Industrial Motion Corporation (US), Woodward, Inc. (US), and Rolls-Royce PLC (UK). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected aircraft electric motors production and services by 7–10% globally in 2020.

Demand for maximum efficiency during engine operation will drive the demand for engine control system segment

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.

The AC motor segment is projected to witness a higher CAGR during the forecast period

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.

The above 200 kW segment is projected to witness a higher CAGR during the forecast period

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.

The above 200 Nm segment is projected to witness a higher CAGR during the forecast period

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 can be attributed to large or heavy applications by providing high torque at a slower speed.

The above 10 kW/kg segment is projected to witness a higher CAGR during the forecast period

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.

The Unmanned Aerial Vehicles segment is projected to witness the highest CAGR during the forecast period

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.

The OEM segment is projected to witness the highest CAGR during the forecast period

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.

The North America market is projected to contribute the largest share from 2021 to 2026

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 R&D to increase their product lines and using technologically advanced systems, subsystems, and other components for manufacturing aircraft electric motors.

Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=3248447

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Source link

Previous Post

When the Russian Revolution Repudiated the Debt That Tsarism Had Contracted against the People

Next Post

Aditya Birla Sun Life AMC Limited’s offshore appoints Sarath Sathkumara

RelatedPosts

Press

Live Streaming Market Fueled by Rising Consumer Demand and Technological Advancements as per Maximize Research

(EMAILWIRE.COM, May 18, 2025 ) Live Streaming Market to Hit USD 320.98 Bn by 2030Live Streaming Market size...

by admin
May 18, 2025
Press

ERP Software Market Accelerates with Cloud Adoption and Demand for Integrated Business Solutions as per Maximize Research

(EMAILWIRE.COM, May 18, 2025 ) ERP Software Market to Hit USD 113.08 Bn by 2030ERP Software Market was...

by admin
May 18, 2025
Press

Precious Metals Market Surges with Growing Demand in Jewelry and Industrial Applications as per Maximize Research

(EMAILWIRE.COM, May 18, 2025 ) Precious Metals Market to Hit USD 564.96 Bn by 2032Precious Metals Market size...

by admin
May 18, 2025
Press

Expansion of Global Private Tutoring Market Driven by Technological Advancements and Academic Competition as per Maximize Research

(EMAILWIRE.COM, May 17, 2025 ) Private Tutoring Market to Hit USD 152.91 Bn by 2030Private Tutoring Market was...

by admin
May 17, 2025
Load More

Advertize

Latest Post

Xronos World Premieres Azan Word Clock at 2025 INDEX Dubai

Xronos World Premieres Azan Word Clock at 2025 INDEX Dubai

by admin
May 20, 2025

Xronos تكشف عن العرض العالمي الأول لساعة الأذان بالكلمات خلال معرض INDEX دبي 2025

Xronos تكشف عن العرض العالمي الأول لساعة الأذان بالكلمات خلال معرض INDEX دبي 2025

by admin
May 20, 2025

تعيين نضال عبد الهادي رئيساً تنفيذياً لمجموعة CMS لقيادة استراتيجية التوسع العالمي – 20 مايو 2025

تعيين نضال عبد الهادي رئيساً تنفيذياً لمجموعة CMS لقيادة استراتيجية التوسع العالمي – 20 مايو 2025

by admin
May 20, 2025

Precious Metals Market Surges with Growing Demand in Jewelry and Industrial Applications as per Maximize Research

by admin
May 18, 2025

ERP Software Market Accelerates with Cloud Adoption and Demand for Integrated Business Solutions as per Maximize Research

by admin
May 18, 2025

Live Streaming Market Fueled by Rising Consumer Demand and Technological Advancements as per Maximize Research

by admin
May 18, 2025

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share Us

CATEGORIES

MIDDLE EAST
NORTH AFRICA
GLOBAL
BUSINESS
FINANCE
TECHNOLOGY
PRESS

Subscribe To Our Newslatter

    © 2025 Copyright MENANEWS.CLUB
    No Result
    View All Result
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    © Copyright MenaNews.club™