Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 8.7 Billion

CAGR (2024-2029)

8.84%

Fastest Growing Segment

AC Motor

Largest Market

North America

Market Size (2029)

USD 14.39 Billion





Market Overview

Global Aircraft Electric Motor Market was valued at USD 8.7 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 8.84% through 2029. The global aircraft electric motor market is experiencing significant growth driven by the aviation industry's increasing emphasis on electrification and sustainability. Electric motors are becoming integral components in modern aircraft, replacing traditional hydraulic and pneumatic systems to improve efficiency, reduce emissions, and enhance reliability. The adoption of electric motors in aircraft helps in reducing fuel consumption and operational costs while offering quieter operation and lower maintenance requirements. This shift is particularly pronounced in electric propulsion systems for small to medium-sized aircraft, where electric motors power propulsion systems or act as generators to charge batteries, enabling hybrid-electric and all-electric aircraft concepts to gain traction.

Technological advancements in materials, power electronics, and electric motor design are crucial enablers of the market's growth. High-efficiency electric motors, often utilizing lightweight materials like carbon fiber composites and advanced magnetic materials, contribute to the overall weight reduction of aircraft, improving performance and range. Moreover, developments in power electronics allow for more efficient management and distribution of electric power onboard aircraft, enhancing the reliability and safety of electric motor systems. The integration of these technologies supports the trend towards electrification in aviation, aligning with industry efforts to meet stringent environmental regulations and sustainability goals.

The aircraft electric motor market is being driven by significant investments in research and development from government bodies and private sector entities. These investments are aimed at advancing electric propulsion systems and developing next-generation electric motors that offer higher power density and improved efficiency. There is also exploration into innovative applications such as electric vertical take-off and landing (eVTOL) aircraft and urban air mobility (UAM) solutions. As electric propulsion technology matures and gains wider acceptance, it is poised to transform the aerospace industry by ushering in greener and more sustainable air transportation solutions.

ICRA's December 19, 2023 report highlights a promising outlook for the Indian aviation sector, projecting robust year-on-year revenue growth of 15-20% in FY24, with an expected growth of 10-15% in FY25. This growth trajectory is set to bolster demand for Electric Motor Aircraft in the region, aligning with global trends towards cleaner aviation technologies driven by advancements in electric propulsion systems.


Market Drivers

Sustainability Imperative and Environmental Regulations

A paramount driver propelling the Global Aircraft Electric Motor Market is the overarching sustainability imperative within the aviation industry. In response to escalating environmental concerns and increasingly stringent emissions regulations, there is a pronounced shift toward sustainable aviation solutions. Electric propulsion, enabled by advanced electric motors, stands out as a key enabler to meet these environmental challenges. Electric aircraft are inherently cleaner, emitting significantly lower levels of greenhouse gases and pollutants compared to traditional combustion engine aircraft. The drive for sustainability extends beyond operational considerations to align with global efforts to mitigate climate change and reduce the aviation industry's ecological footprint.

Governments and regulatory bodies worldwide are intensifying their focus on aviation emissions, enforcing stringent environmental standards. This regulatory landscape acts as a powerful catalyst for the adoption of electric motors in aircraft, encouraging manufacturers to invest in electrified propulsion technologies. As the aviation industry strives to achieve ambitious emissions reduction targets, the demand for aircraft electric motors becomes pivotal, driving innovation and investments in sustainable aviation solutions.

Technological Advancements and Electric Motor Efficiency

The Global Aircraft Electric Motor Market is primarily driven by continuous advancements in electric motor technologies, which enhance efficiency, performance, and reliability. As research and development in electric propulsion intensifies, manufacturers are innovating motor designs to achieve higher power densities, reduced weight, and improved energy efficiency. These technological strides are essential for integrating electric motors into aircraft, meeting stringent aviation standards. The air transport sector significantly bolsters the global economy, contributing USD 3.1 trillion to economic activity and adding USD 961.3 billion to global GDP. Post-Covid, the industry is expanding rapidly, with anticipated average annual growth of 4.3% in air travel demand over the next two decades. While this growth enhances globalization and connectivity, it also underscores concerns about environmental impact and necessitates enhanced energy efficiency measures across the industry, further driving demand for advanced Aircraft Electric Motors.

The development of high-efficiency electric motors addresses the key challenges of aviation, where power-to-weight ratios and overall system efficiency are paramount. Manufacturers are exploring innovative materials, advanced manufacturing techniques, and novel motor configurations to achieve optimal performance. These technological breakthroughs not only enhance the overall efficiency of electric propulsion systems but also contribute to the viability and competitiveness of electric aircraft in comparison to traditional counterparts. The relentless pursuit of technological excellence in electric motor design serves as a driving force propelling the adoption of electric propulsion in the aviation sector.

Economic Benefits and Total Cost of Ownership Considerations

Economic considerations, including operational cost savings and the total cost of ownership, serve as compelling drivers for the Global Aircraft Electric Motor Market. Electric propulsion systems offer the potential for significant cost reductions over the operational life of an aircraft. Electric motors have fewer moving parts compared to traditional engines, resulting in lower maintenance requirements and decreased operational downtime. The simplicity of electric motor design contributes to higher reliability, reducing the frequency of inspections and overhauls.

Moreover, the energy efficiency inherent in electric propulsion systems can lead to substantial fuel savings, especially in short-haul and regional flight operations. The economic benefits associated with reduced fuel consumption, lower maintenance costs, and extended operational life contribute to the attractiveness of electric aircraft for airlines and operators. As the aviation industry places an increasing emphasis on operational efficiency and cost-effectiveness, the economic advantages of electric propulsion become pivotal drivers influencing the adoption of electric motors in aircraft.

Growing Interest in Urban Air Mobility and Electric Vertical Takeoff and Landing (eVTOL) Aircraft

The rise of Urban Air Mobility (UAM) and Electric Vertical Takeoff and Landing (eVTOL) aircraft represents a transformative driver for the Global Aircraft Electric Motor Market. These innovative air transportation concepts, characterized by electric propulsion systems, have gained significant traction as potential solutions to urban congestion and evolving transportation needs. UAM and eVTOL aircraft leverage electric motors for vertical takeoff and landing, making them ideal for urban environments with limited space for traditional runways.

The interest in UAM and eVTOL aircraft has spurred investments and collaborations among aerospace companies, startups, and technology firms. Electric motors play a central role in enabling the vertical flight capabilities and efficient, quiet operations required for these urban air mobility solutions. As the industry envisions the deployment of electric-powered air taxis and on-demand aerial transportation, the demand for advanced electric motors tailored for these applications becomes a driving force in shaping the global market.

Energy Storage Advancements and Electric Propulsion Range Extension

Advancements in energy storage technologies, particularly in the development of high-energy-density batteries, play a pivotal role as drivers in the Global Aircraft Electric Motor Market. The limited energy density of batteries has historically been a challenge for electric aviation, impacting the range and endurance of electric aircraft. However, ongoing breakthroughs in battery technologies are addressing these limitations, enabling electric aircraft to achieve competitive ranges and operational capabilities.

Improved battery energy density directly contributes to extending the range of electric aircraft, making them viable for a broader range of applications, including regional and short-haul flights. The synergy between advanced electric motors and energy-dense batteries is a key driver fostering the feasibility and acceptance of electric propulsion in the aviation sector. As energy storage technologies continue to evolve, offering higher energy densities and improved safety profiles, the market for aircraft electric motors is poised to benefit from expanded applications and increased market penetration.

                                                                                                                                    

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Key Market Challenges

Energy Density and Range Limitations of Batteries

One of the foremost challenges confronting the Global Aircraft Electric Motor Market is the energy density and range limitations of current battery technologies. While electric motors offer a sustainable alternative for aircraft propulsion, the energy storage systems, mainly lithium-ion batteries, present constraints in terms of the amount of energy they can store per unit of weight. This limitation directly impacts the range and endurance of electric aircraft, making them less viable for long-haul flights compared to traditional fuel-powered counterparts.

Addressing this challenge requires breakthroughs in battery technology to enhance energy density and storage capacity. Researchers and manufacturers are exploring advanced battery chemistries, materials, and designs to overcome these limitations. Innovations in energy storage, such as solid-state batteries and next-generation lithium-based technologies, are actively pursued to unlock greater energy density, enabling electric aircraft to achieve competitive ranges and meet the diverse operational needs of the aviation industry.

Weight and Power Density Optimization

The stringent weight constraints in aviation pose a significant challenge for the Global Aircraft Electric Motor Market. Electric motors must be designed with a delicate balance between achieving high power density, which is crucial for aircraft propulsion, and minimizing weight to ensure overall efficiency and performance. Traditional combustion engines benefit from decades of optimization in terms of power-to-weight ratios, and replicating or surpassing these ratios with electric motors remains a formidable challenge.

Electric motors must provide sufficient thrust while adhering to strict weight limitations imposed by aircraft design considerations. Achieving high power density without compromising the structural integrity and weight distribution of the aircraft is a delicate engineering challenge. Manufacturers are investing in advanced materials, such as lightweight alloys and composites, and employing innovative motor designs to strike the right balance between power density and weight, but this remains a critical challenge in the quest for efficient electric propulsion in aviation.

Infrastructure Limitations for Electric Aircraft

The successful integration of electric aircraft into the broader aviation ecosystem is hampered by infrastructure limitations. Unlike traditional airports that are well-equipped with facilities for refueling traditional aircraft, the infrastructure required to support electric aircraft is in its nascent stages. Charging infrastructure, suitable for the rapid charging of aircraft batteries, is limited, and airports need to undergo significant upgrades to accommodate the unique requirements of electric aviation.

The challenge extends beyond airports to include charging infrastructure at remote locations and within urban environments for urban air mobility applications. Developing a robust and standardized charging infrastructure that can support various types and sizes of electric aircraft is a complex task. Collaboration between aviation stakeholders, governments, and infrastructure developers is essential to overcome this challenge and establish a comprehensive and scalable infrastructure that can sustain the growth of the electric aviation sector.

Certification and Regulatory Compliance

The certification process and regulatory compliance represent formidable challenges for the Global Aircraft Electric Motor Market. Traditional certification standards have been primarily designed for combustion engine aircraft, and adapting these standards to accommodate the unique characteristics of electric propulsion systems requires a thorough and rigorous approach. Regulatory bodies, such as the Federal Aviation Administration (FAA) in the United States and the European Union Aviation Safety Agency (EASA) in Europe, must establish and refine certification criteria specific to electric aircraft.

Certification processes involve comprehensive testing and validation to ensure the safety, reliability, and performance of electric propulsion systems. The industry faces the challenge of navigating through evolving regulatory landscapes and aligning certification requirements with the rapid pace of technological advancements in electric aviation. Standardization and harmonization of certification processes globally are essential to facilitate the market entry of electric aircraft and provide the necessary assurance to operators, airlines, and passengers regarding the safety and airworthiness of electric propulsion systems.

Economic Viability and Initial Costs

While the economic benefits of electric propulsion systems are substantial over the operational life of an aircraft, the initial costs pose a significant challenge for the Global Aircraft Electric Motor Market. The development, manufacturing, and integration of electric motors, along with the associated electric propulsion systems and energy storage solutions, often entail higher upfront costs compared to traditional aircraft components. Airlines and operators, driven by economic considerations, are hesitant to invest in electric aircraft without a clear and compelling business case.

Overcoming this challenge requires a transition from the current cost-centric mindset to a long-term perspective that considers the total cost of ownership. Manufacturers need to demonstrate the economic viability of electric aircraft by showcasing the potential savings in operational and maintenance costs over the aircraft's lifespan. Additionally, advancements in manufacturing processes, economies of scale, and government incentives can contribute to lowering initial costs, making electric aircraft more attractive to the aviation industry.

Key Market Trends

Electrification of Aircraft Propulsion Systems

A significant trend in the Global Aircraft Electric Motor Market is the accelerated electrification of aircraft propulsion systems. Traditional aircraft predominantly rely on conventional combustion engines, but the industry is witnessing a paradigm shift towards electric propulsion. Electric motors, powered by advanced battery technologies or hybrid-electric systems, are becoming integral components of aircraft propulsion. This trend aligns with the aviation industry's commitment to sustainability, aiming to reduce carbon emissions and fuel consumption. The adoption of electric propulsion systems represents a transformative shift, with manufacturers and operators exploring innovative ways to implement electric motors across various aircraft types, from small regional planes to large commercial jets.

Development of High-Power Electric Motors

As the demand for electric propulsion grows, a notable trend is the development of high-power electric motors tailored for aviation applications. High-power electric motors are essential for providing the necessary thrust and efficiency required in aircraft propulsion. Manufacturers are investing in research and development to design electric motors with increased power density, allowing for more compact and lightweight solutions. These motors must deliver optimal performance while meeting stringent safety and reliability standards. The trend towards high-power electric motors reflects the industry's pursuit of cutting-edge technologies that balance power output, weight considerations, and operational efficiency, addressing the unique requirements of aircraft applications.

Integration of More Electric Aircraft (MEA) Systems

The Global Aircraft Electric Motor Market is witnessing a trend towards the broader integration of More Electric Aircraft (MEA) systems. MEA involves replacing traditional hydraulic and pneumatic systems with electrically powered alternatives, leveraging electric motors for various aircraft functions. This trend extends beyond propulsion to include electrically powered systems for functions such as flight control, landing gear, and environmental control systems. MEA offers benefits such as weight savings, enhanced reliability, and improved fuel efficiency. The integration of MEA systems underscores the aviation industry's commitment to transitioning towards fully electric or hybrid-electric aircraft, contributing to overall operational efficiency and sustainability.

Focus on Lightweight and Efficient Motor Designs

Efforts to enhance aircraft efficiency and performance are driving a trend towards lightweight and efficient electric motor designs. The aviation industry places a premium on weight reduction to optimize fuel efficiency and extend the range of electric aircraft. Motor manufacturers are investing in advanced materials, such as lightweight alloys and composites, to design motors that strike a balance between power, weight, and energy efficiency. The trend towards lightweight designs is particularly crucial for electric aircraft, where every kilogram saved directly contributes to increased flight endurance and overall operational efficiency. This focus on efficiency aligns with the broader industry goal of creating more sustainable and economically viable electric propulsion solutions.

Segmental Insights

Type Analysis

The AC motor segment has emerged as the fastest-growing component within the global aircraft electric motor market, driven by several key factors. Primarily, advancements in technology have enhanced the efficiency, reliability, and performance of AC motors, making them increasingly attractive for aerospace applications. AC motors offer significant benefits such as higher power density, improved torque characteristics, and better thermal management compared to traditional DC motors.

Moreover, the shift towards more electric aircraft (MEA) concepts has accelerated the adoption of AC motors. MEA designs aim to replace pneumatic and hydraulic systems with electric alternatives to reduce weight, enhance fuel efficiency, and simplify maintenance. AC motors play a pivotal role in these initiatives by powering various critical systems such as flight control actuators, landing gear mechanisms, and cabin air systems.

Market dynamics also contribute to the growth of AC motors in aviation. Increasing air passenger traffic and the rising demand for more fuel-efficient aircraft are compelling manufacturers to integrate advanced electric motor technologies. Companies are investing heavily in research and development to innovate AC motor designs that meet stringent aerospace standards for reliability, safety, and performance.

                                                                                                                                     

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Regional Insights

North America stands out as the dominant region in the global aircraft electric motor market, supported by a robust aerospace industry, technological innovation, and substantial investments in research and development. The region's leadership is underpinned by key factors such as the presence of major aircraft manufacturers, advanced technological infrastructure, and a strong network of suppliers and service providers.

The United States, in particular, hosts leading aerospace companies like Boeing and Lockheed Martin, which drive significant demand for advanced electric motor technologies in their aircraft manufacturing processes. These companies prioritize efficiency gains, operational reliability, and compliance with stringent safety standards, all of which are facilitated by cutting-edge electric motor solutions.

Furthermore, North America benefits from extensive collaborations between industry players, research institutions, and government agencies, fostering continuous advancements in electric motor technology. These collaborations aim to address evolving market demands, including the shift towards more electric aircraft (MEA) and sustainable aviation initiatives.

Regulatory frameworks and initiatives promoting aerospace innovation also contribute to North America's dominance. These include investments in electric propulsion systems, hybrid-electric aircraft concepts, and sustainable aviation fuels, all of which rely heavily on advanced electric motor technologies.

North America's leading position in the global aircraft electric motor market is characterized by its technological prowess, industry collaboration, and a commitment to advancing aerospace innovation to meet current and future market demands effectively.

Recent Development

  • In 2024, Rolls-Royce has commenced testing a powerful 320-kilowatt electric motor, marking a significant step in their electrification efforts. The motor is designed to propel next-generation aircraft with enhanced efficiency and reduced emissions. Initial tests have shown promising results in terms of performance and reliability, aligning with Rolls-Royce's commitment to sustainable aviation solutions. The development underscores their strategic pivot towards electric propulsion systems amid global environmental regulations and rising fuel costs. Industry experts anticipate this innovation to pave the way for greener air travel and further advancements in electric aviation technology.
  • In March 2023, An Australian startup Kite Magnetics has introduced a lightweight electric motor designed specifically for electric aircraft. This innovation aims to enhance efficiency and performance while reducing weight, supporting the development of sustainable aviation solutions. The motor's launch marks a significant advancement in Australia's contribution to the global electric aviation industry.
  • In April 2024, ZeroAvia has launched a comprehensive lineup of electric and hydrogen aviation components, signaling a major stride in sustainable flight technology. This initiative includes detailed manufacturing plans aimed at scaling production of zero-emission powertrain systems, reinforcing ZeroAvia's commitment to advancing clean aviation solutions globally.

Key Market Players

  • Allied Motion Technologies, Inc.
  • Meggitt plc
  • Altra Industrial Motion Corp.
  • Woodward, Inc.
  • Rolls-Royce plc
  • Ametek, Inc.
  • MGM COMPRO International s. r. o.
  • Emrax d.o.o
  • ThinGap, Inc.
  • Safran S.A.

By Type

By Applications

By Region

  • AC Motor
  • DC Motor
  • Propulsion System
  • Flight Control System
  • Environmental Control System
  • Engine Control System
  • Avionics System
  • Door Actuation System
  • Landing and Braking System
  • Cabin Interior System
  • Others
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa


Report Scope:

In this report, the Global Aircraft Electric Motor Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Aircraft Electric Motor Market, By Type:

o   AC Motor

o   DC Motor

  • Aircraft Electric Motor Market, By Applications:

o   Propulsion System

o   Flight Control System

o   Environmental Control System

o   Engine Control System

o   Avionics System

o   Door Actuation System

o   Landing and Braking System

o   Cabin Interior System

o   Others

  • Aircraft Electric Motor Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Aircraft Electric Motor Market.

Available Customizations:

Global Aircraft Electric Motor Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Aircraft Electric Motor Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Aircraft Electric Motor Market

5.    Global Aircraft Electric Motor Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type Market Share Analysis (AC Motor, DC Motor)

5.2.2.     By Applications Market Share Analysis (Propulsion System, Flight Control System, Environmental Control System, Engine Control System, Avionics System, Door Actuation System, Landing and Braking System, Cabin Interior System, Others)

5.2.3.     By Regional Market Share Analysis

5.2.3.1.         Asia-Pacific Market Share Analysis

5.2.3.2.         Europe & CIS Market Share Analysis

5.2.3.3.         North America Market Share Analysis

5.2.3.4.         South America Market Share Analysis

5.2.3.5.         Middle East & Africa Market Share Analysis

5.2.4.     By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Aircraft Electric Motor Market Mapping & Opportunity Assessment

5.3.1.     By Type Market Mapping & Opportunity Assessment

5.3.2.     By Applications Market Mapping & Opportunity Assessment

5.3.3.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Aircraft Electric Motor Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value  

6.2.  Market Share & Forecast

6.2.1.     By Type Market Share Analysis

6.2.2.     By Applications Market Share Analysis

6.2.3.     By Country Market Share Analysis

6.2.3.1.         China Market Share Analysis

6.2.3.2.         India Market Share Analysis

6.2.3.3.         Japan Market Share Analysis

6.2.3.4.         Indonesia Market Share Analysis

6.2.3.5.         Thailand Market Share Analysis

6.2.3.6.         South Korea Market Share Analysis

6.2.3.7.         Australia Market Share Analysis

6.2.3.8.         Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Aircraft Electric Motor Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value  

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type Market Share Analysis

6.3.1.2.2.             By Applications Market Share Analysis

6.3.2.     India Aircraft Electric Motor Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value  

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type Market Share Analysis

6.3.2.2.2.             By Applications Market Share Analysis

6.3.3.     Japan Aircraft Electric Motor Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value  

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type Market Share Analysis

6.3.3.2.2.             By Applications Market Share Analysis

6.3.4.     Indonesia Aircraft Electric Motor Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value  

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Type Market Share Analysis

6.3.4.2.2.             By Applications Market Share Analysis

6.3.5.     Thailand Aircraft Electric Motor Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value  

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Type Market Share Analysis

6.3.5.2.2.             By Applications Market Share Analysis

6.3.6.     South Korea Aircraft Electric Motor Market Outlook

6.3.6.1.         Market Size & Forecast

6.3.6.1.1.             By Value  

6.3.6.2.         Market Share & Forecast

6.3.6.2.1.             By Type Market Share Analysis

6.3.6.2.2.             By Applications Market Share Analysis

6.3.7.     Australia Aircraft Electric Motor Market Outlook

6.3.7.1.         Market Size & Forecast

6.3.7.1.1.             By Value  

6.3.7.2.         Market Share & Forecast

6.3.7.2.1.             By Type Market Share Analysis

6.3.7.2.2.             By Applications Market Share Analysis

7.    Europe & CIS Aircraft Electric Motor Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value  

7.2.  Market Share & Forecast

7.2.1.     By Type Market Share Analysis

7.2.2.     By Applications Market Share Analysis

7.2.3.     By Country Market Share Analysis

7.2.3.1.         Germany Market Share Analysis

7.2.3.2.         Spain Market Share Analysis

7.2.3.3.         France Market Share Analysis

7.2.3.4.         Russia Market Share Analysis

7.2.3.5.         Italy Market Share Analysis

7.2.3.6.         United Kingdom Market Share Analysis

7.2.3.7.         Belgium Market Share Analysis

7.2.3.8.         Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.     Germany Aircraft Electric Motor Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value  

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type Market Share Analysis

7.3.1.2.2.             By Applications Market Share Analysis

7.3.2.     Spain Aircraft Electric Motor Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value  

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type Market Share Analysis

7.3.2.2.2.             By Applications Market Share Analysis

7.3.3.     France Aircraft Electric Motor Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value  

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type Market Share Analysis

7.3.3.2.2.             By Applications Market Share Analysis

7.3.4.     Russia Aircraft Electric Motor Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value  

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type Market Share Analysis

7.3.4.2.2.             By Applications Market Share Analysis

7.3.5.     Italy Aircraft Electric Motor Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value  

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type Market Share Analysis

7.3.5.2.2.             By Applications Market Share Analysis

7.3.6.     United Kingdom Aircraft Electric Motor Market Outlook

7.3.6.1.         Market Size & Forecast

7.3.6.1.1.             By Value  

7.3.6.2.         Market Share & Forecast

7.3.6.2.1.             By Type Market Share Analysis

7.3.6.2.2.             By Applications Market Share Analysis

7.3.7.     Belgium Aircraft Electric Motor Market Outlook

7.3.7.1.         Market Size & Forecast

7.3.7.1.1.             By Value  

7.3.7.2.         Market Share & Forecast

7.3.7.2.1.             By Type Market Share Analysis

7.3.7.2.2.             By Applications Market Share Analysis

8.    North America Aircraft Electric Motor Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value  

8.2.  Market Share & Forecast

8.2.1.     By Type Market Share Analysis

8.2.2.     By Applications Market Share Analysis

8.2.3.     By Country Market Share Analysis

8.2.3.1.         United States Market Share Analysis

8.2.3.2.         Mexico Market Share Analysis

8.2.3.3.         Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.     United States Aircraft Electric Motor Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value  

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type Market Share Analysis

8.3.1.2.2.             By Applications Market Share Analysis

8.3.2.     Mexico Aircraft Electric Motor Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value  

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type Market Share Analysis

8.3.2.2.2.             By Applications Market Share Analysis

8.3.3.     Canada Aircraft Electric Motor Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value  

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type Market Share Analysis

8.3.3.2.2.             By Applications Market Share Analysis

9.    South America Aircraft Electric Motor Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value  

9.2.  Market Share & Forecast

9.2.1.     By Type Market Share Analysis

9.2.2.     By Applications Market Share Analysis

9.2.3.     By Country Market Share Analysis

9.2.3.1.         Brazil Market Share Analysis

9.2.3.2.         Argentina Market Share Analysis

9.2.3.3.         Colombia Market Share Analysis

9.2.3.4.         Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.     Brazil Aircraft Electric Motor Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value  

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type Market Share Analysis

9.3.1.2.2.             By Applications Market Share Analysis

9.3.2.     Colombia Aircraft Electric Motor Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value  

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type Market Share Analysis

9.3.2.2.2.             By Applications Market Share Analysis

9.3.3.     Argentina Aircraft Electric Motor Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value  

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type Market Share Analysis

9.3.3.2.2.             By Applications Market Share Analysis

10.  Middle East & Africa Aircraft Electric Motor Market Outlook

10.1.             Market Size & Forecast

10.1.1.  By Value   

10.2.             Market Share & Forecast

10.2.1.  By Type Market Share Analysis

10.2.2.  By Applications Market Share Analysis

10.2.3.  By Country Market Share Analysis

10.2.3.1.      South Africa Market Share Analysis

10.2.3.2.      Turkey Market Share Analysis

10.2.3.3.      Saudi Arabia Market Share Analysis

10.2.3.4.      UAE Market Share Analysis

10.2.3.5.      Rest of Middle East & Africa Market Share Analysis

10.3.             Middle East & Africa: Country Analysis

10.3.1.  South Africa Aircraft Electric Motor Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value  

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type Market Share Analysis

10.3.1.2.2.           By Applications Market Share Analysis

10.3.2.  Turkey Aircraft Electric Motor Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value  

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type Market Share Analysis

10.3.2.2.2.           By Applications Market Share Analysis

10.3.3.  Saudi Arabia Aircraft Electric Motor Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value  

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type Market Share Analysis

10.3.3.2.2.           By Applications Market Share Analysis

10.3.4.  UAE Aircraft Electric Motor Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value  

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type Market Share Analysis

10.3.4.2.2.           By Applications Market Share Analysis

11.  SWOT Analysis

11.1.             Strength

11.2.             Weakness

11.3.             Opportunities

11.4.             Threats

12.  Market Dynamics

12.1.             Market Drivers

12.2.             Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.             Company Profiles (Up to 10 Major Companies)

14.1.1.  Allied Motion Technologies, Inc.

14.1.1.1.      Company Details

14.1.1.2.      Key Product Offered

14.1.1.3.      Financials (As Per Availability)

14.1.1.4.      Recent Developments

14.1.1.5.      Key Management Personnel

14.1.2.  Meggitt plc

14.1.2.1.      Company Details

14.1.2.2.      Key Product Offered

14.1.2.3.      Financials (As Per Availability)

14.1.2.4.      Recent Developments

14.1.2.5.      Key Management Personnel

14.1.3.  Altra Industrial Motion Corp.

14.1.3.1.      Company Details

14.1.3.2.      Key Product Offered

14.1.3.3.      Financials (As Per Availability)

14.1.3.4.      Recent Developments

14.1.3.5.      Key Management Personnel

14.1.4.  Woodward, Inc.

14.1.4.1.      Company Details

14.1.4.2.      Key Product Offered

14.1.4.3.      Financials (As Per Availability)

14.1.4.4.      Recent Developments

14.1.4.5.      Key Management Personnel

14.1.5.  Rolls-Royce plc

14.1.5.1.      Company Details

14.1.5.2.      Key Product Offered

14.1.5.3.      Financials (As Per Availability)

14.1.5.4.      Recent Developments

14.1.5.5.      Key Management Personnel

14.1.6.  Ametek, Inc.

14.1.6.1.      Company Details

14.1.6.2.      Key Product Offered

14.1.6.3.      Financials (As Per Availability)

14.1.6.4.      Recent Developments

14.1.6.5.      Key Management Personnel

14.1.7.  MGM COMPRO International s. r. o.

14.1.7.1.      Company Details

14.1.7.2.      Key Product Offered

14.1.7.3.      Financials (As Per Availability)

14.1.7.4.      Recent Developments

14.1.7.5.      Key Management Personnel

14.1.8.  Emrax d.o.o

14.1.8.1.      Company Details

14.1.8.2.      Key Product Offered

14.1.8.3.      Financials (As Per Availability)

14.1.8.4.      Recent Developments

14.1.8.5.      Key Management Personnel

14.1.9.  ThinGap, Inc.

14.1.9.1.      Company Details

14.1.9.2.      Key Product Offered

14.1.9.3.      Financials (As Per Availability)

14.1.9.4.      Recent Developments

14.1.9.5.      Key Management Personnel

14.1.10.  Safran S.A.

14.1.10.1.      Company Details

14.1.10.2.      Key Product Offered

14.1.10.3.      Financials (As Per Availability)

14.1.10.4.      Recent Developments

14.1.10.5.      Key Management Personnel

15.  Strategic Recommendations

15.1.             Key Focus Areas

15.1.1.  Target Regions

15.1.2.  Target By Type

15.1.3.  Target By Applications

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Aircraft Electric Motor Market was estimated to be USD 8.7 Billion in 2023.

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Major trends in the Global Aircraft Electric Motor Market include the shift towards more electric aircraft, growth in electric propulsion systems, increasing demand for efficiency, and advancements in lightweight motor technologies.

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North America dominates the Global Aircraft Electric Motor Market, driven by technological advancements and the presence of major market players in the region.

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The Global Aircraft Electric Motor Market is primarily driven by the increasing demand for fuel-efficient and environmentally friendly aviation solutions, promoting the adoption of electric propulsion systems in aircraft for enhanced efficiency and reduced emissions. Technological advancements in electric motor design and the growing emphasis on electric aviation contribute to the market's expansion.

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Srishti Verma

Business Consultant
Press Release

Aircraft Electric Motor Market to Grow 8.84% CAGR through 2029

Jul, 2024

The Global Aircraft Electric Motor Market is primarily driven by the increasing demand for fuel-efficient and environmentally friendly aviation solutions, promoting the adoption of electric propulsio