According to a new market research report published by Global Insight Services” Aircraft Electric Motors Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An aircraft electric motor is a type of electric motor that is used to power an aircraft. These motors are typically used to power the propellers or turbines of an aircraft and can be either piston-driven or turbine-driven. Aircraft electric motors are highly efficient and typically have a much higher power-to-weight ratio than internal combustion engines.
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Key Players
The aircraft electric motors market report includes players such as ABB, Siemens, WEG, Toshiba Corporation, Johnson Electric, Wolong, NEMA Ltd, Moog Inc., Woodward Inc., and Pipistrel.
Key Trends
The key trends in aircraft electric motors technology are:
1. Increasing use of electric propulsion: Electric propulsion is becoming increasingly popular for aircraft, as it offers a number of advantages over traditional fuel-powered engines. Electric motors are more efficient than gasoline engines, and they produce zero emissions. Additionally, electric motors are quieter than gasoline engines, which is important for reducing noise pollution.
2. Development of more powerful electric motors: As electric propulsion becomes more popular, there is a need for more powerful electric motors that can provide the power necessary to propel an aircraft. This has led to the development of more powerful electric motors, which are able to provide the necessary power while still being lightweight and efficient.
Key Drivers
The key drivers of the aircraft electric motors market are the increased demand for fuel-efficient aircraft, the need for environmental-friendly technologies, and the stringent emission norms. The increased demand for fuel-efficient aircraft is due to the rising fuel prices and the need to reduce operating costs. The need for environmental-friendly technologies is driven by the need to reduce carbon emissions and noise pollution. The stringent emission norms are set by the International Civil Aviation Organization (ICAO) and are implemented by the member states. The emission norms are designed to reduce the impact of aircraft on the environment.
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Market Segments
The aircraft electric motors market bifurcated on the basis of type, output power, rotor type, application and region. On the basis of type, it is segmented into AC and DC. By output power it is categorized into <1 HP and >1 HP. By rotor type, it is divided into inner rotor and outer rotor. By application, it is spread across engine control system, avionics system, door actuation system, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy Aircraft Electric Motors Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
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