More Electric Aircraft Market Size, Share, Trends & Growth Analysis

Report Code AS 2769
Published in Nov, 2024, By MarketsandMarkets™
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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

Overview

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. 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. Airlines and manufacturers are shifting their attention to the electrification of aircraft systems as there are strict emissions regulations in place by the International Civil Aviation Organization and the European Union, among others.

Attractive Opportunities in the More Electric Aircraft Market

Asia Pacific

Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high density electric motors, power generation, and conversion systems are driving the more electric aircraft market.

The growth of this market can be attributed to the increased focus on the optimization of aircraft performance.

Contracts, agreements, and product launches are expected to offer lucrative opportunities for market players to grow in the next five years.

The airframe systems segment of the more electric aircraft by system is expected to reach USD 5,763.5 million by 2029 at a CAGR of 7.4% during the forecast period.

The market in Europe is projected to grow significantly owing to high investments in R&D activities to reduce the carbon footprint of aircraft, and technological advancements in more electric aircraft.

Global More Electric Aircraft Market Dynamics

DRIVER: Increasing use of electric technology to optimize aircraft performance

Non-electric power sources such as pneumatic, mechanical, and hydraulic power are used in conventional aircraft for warming leading-edge wings, elevators for ice protection, compressor spinning for cabin environmental control, fuel pumping into the engine combustion chamber, as well as in the hydraulic pump drive for primary flight control actuation. These aircraft are making use of conventional aviation jet fuel, and further, reducing the fuel efficiency. Electric power sources are gradually being adopted by aircraft makers as backup power sources, used to supply power to airplane's auxiliary systems that power its additional fuel economy increase. For example, incorporating electric motors into an airplane can minimize reliance on a traditional fuel-based power source for aircraft components such as landing gear, propeller fans, and cabin air-conditioning systems. More electric aircraft technology also delivers an incremental gain in aircraft performance by employing electric and hybrid-electric power sources. For example, adopting high-performance electric drives (HPED) in the design may power an aircraft's high electric loads and improve its performance. These technologies encourage the aviation sector to use this technology to meet its customers' changing requirements.

RESTRAINT: Potential for overheating of electrical systems

Transmitting large quantities of electricity around an aircraft (from batteries or generators to electric motors) is ideally done at high voltages. The operating voltage will also be significantly higher during the flight with high-power density batteries and motors in aircraft systems. This may generate hundreds of kilowatts of dissipated heat from multiple sources such as electric motors, batteries, power electronics, or cables. Overheating increases wear and tear on key components, including power electronics, electric motors, and batteries, leading to decreasing reliability. For instance, power electronic components like inverters can be negatively affected through wear and tear resulting from heat, where their performance will slowly start declining, which means higher energy consumption and a loss in performance. Without proper thermal management, overheating shortens the lifespan of such critical components. Instead, more frequent replacements or repairs are made to ensure functionality. The overheating can be mitigated with an efficient cooling system; the absence of this, however, can have a detrimental effect. The failure of the Boeing 787 lithium-ion battery in 2013 is one example of overheating in the aircraft's electrical system. Hence, a heat generation mitigation system should be in place to prevent such incidents and ensure safety. Improvements in thermal and electrical insulation materials and other changes are also required to cope with the high output power of batteries and motors.

 

OPPORTUNITY: Development of advanced power electronic components

Aircraft manufacturers are examining novel ways of power generation and distribution at various levels of the value chain. Complex embedded digital systems, distributed architectures, and power electronics (in the starter/generation system of the main engines) are some of the technologies vying for space on forthcoming aircraft.

One of the major technological advancements that has contributed to the feasibility of a non-propulsive electric power system is the development of reliable, solid-state, and high-power density power-related electronics. At present, generator power control units, inverters, converters, and motor controllers comprise state-of-the-art silicon-based semiconductor devices that include integrated gate bipolar transistors (IGBTs). The development of advanced composition and multilayer ceramic capacitors is expected to significantly improve the power density of future inverters, converters, and motor controllers.

The increasing use of programmable solid-state devices and switching power devices in place of traditional electromechanical circuit breaker technology is expected to benefit aircraft in terms of load management, fault isolation, diagnostic health monitoring, and improved flexibility to accommodate modifications and system upgrades. Traditionally, electrical power for aerospace applications has been generated using a variable ratio gearbox-mounted wound-field synchronous machine to obtain a three-phase 115 V AC system at a constant frequency of 400 Hz. This machine, known as an integrated drive generator (IDG), is still commonly used today. However, operating experiences under the new requirements for lower cost, increased reliability, easier maintenance, and higher operating temperatures have shown that replacing the gearbox with power electronics has obvious advantages. A high-quality three-phase AC-DC conversion plus subsequent DC-AC conversion is one of the steps in achieving these objectives. The resulting system is known as the variable speed constant frequency (VSCF) system.

CHALLENGES: Significant increase in maximum take-off weight

The weight of crucial components such as batteries, electric motors, and power electronics becomes a significant challenge when moving to more electric systems, especially propulsion. One of the big issues is the energy density of current battery technology. The weight of the batteries directly affects the aircraft's payload capability, range, and efficiency. Balancing the weight of batteries becomes a challenge in more electric aircraft when compared with other electrical units such as motors and transceivers. Adding electric propulsion systems and power electronics such as inverters, rectifiers, and converters also increases weight. Although electric motors are efficient, they could weigh more than their traditional mechanical counterparts when scaled to large aircraft. Structural reinforcement for heavier components can add more weight, which may jeopardize the savings in fuel and efficiency. This is considered a huge engineering issue for more electric aircraft since the payload and range are highly prioritized during long-distance flights. Lightweight materials, advanced high-energy-density batteries, and more efficient electric systems must be achieved to overcome this challenge.

Global More Electric Aircraft Market Ecosystem Analysis

In the more electric aircraft market ecosystem, key stakeholders include OEMs and solution and service providers. Influential forces shaping the industry include investors, funders, academic researchers, distributors, service providers, and defense procurement authorities. This intricate network of participants collaboratively drives market dynamics, innovation, and strategic decisions.

 

Based on system, the airframe systems segment is estimated to dominate the market

Traditional aircraft structure systems, such as landing gears, wing control surfaces, and flight control actuators, use hydraulic or pneumatic power. These are heavy and complex. Shifting these systems toward electric power reduces the overall weight of the aircraft and increases energy efficiency since electric systems require less maintenance and easy management than hydraulic ones. The more electric approach, especially in systems like electric actuators for flight controls, assists in streamlining aircraft design and thereby achieves substantial gains in both fuel efficiency and range - a crucial concern for both commercial and military aviation. Electric airframe systems improve the actuation control and response of many aircraft components that could enhance safety and stability. For example, in electric flight controls (fly-by-wire), the responses are more accurate and more redundant so that real-time adjustments can be made as per the condition of the flight. It also cuts on failure points through the replacement of mechanical linkages and complex hydraulic lines, therefore enhancing higher safety margins and decreasing the probability of system breakdown. Electrification of the airframe system reduces reliance on engine-driven power with optimal flow of energy across the aircraft.

Based on component, the generator segment is expected to lead the market

Generators are key components of more electric aircraft and provide constant, high-power output for the replacement of hydraulic and pneumatic systems typically used in flight control, landing gear, and environmental controls. Increased use of electric power will make the requirements for advanced and reliable generators stricter, capable of delivering such power continuously. This calls for high-power-density generators with increasing efficiency to provide electric systems for more electric aircraft at all stages of operation, from taxiing through take-off and into flight and landing. Permanent magnet generators and variable speed generators are examples of a new generation of products that improve power conversion efficiency and achieve high-voltage architectures for more electric aircraft to reduce energy losses in the system. The Boeing 787 was one of the first commercial aircraft to adopt the more electric approach by replacing many traditional pneumatic systems with electric ones. An electric braking system of the 787 uses high-capacity generators to generate steady power without making use of engine bleed air. The aircraft is fitted with advanced generator sets rated at 235 kVA each, helping fuel this trend by providing the kind of power needed for systems that include cabin pressurization and wing de-icing. These changes have reduced the aircraft's overall weight and increased fuel efficiency.

Based on platform, the fixed-wing aircraft segment is projected to lead the more electric aircraft market

Fixed-wing aircraft, such as commercial airliners, regional jets, business jets, and military transport planes, are the most widely used across aviation markets. Such aircraft form a significant proportion of new orders yearly, increasing demand for more electric solutions to reduce operational cost, efficiency, and regulatory requirements. With airlines and governments beginning to look at a sustainable future for aviation, there are growth opportunities for electrification technologies in the fixed-wing aircraft market. Fixed-wing platforms are much easier to develop due to simple aerodynamic and structural requirements compared to rotary-wing aircraft. This makes it easier for many electric power architectures to be accommodated in fixed-wing configurations. Such a design advantage simplifies research and development on electric technologies and facilitates the integration of new technologies into existing designs with fewer design changes. Thus, it is easier to test and implement many of the innovations included in more electric aircraft, such as electric actuators, integrated starter-generators, and electric de-icing systems, in fixed-wing aircraft. Fixed-wing, more electric aircraft are prominent not only in commercial aviation but also in military applications, where electric systems can support enhanced stealth, reduced heat signatures, and lower operational costs.

Europe is projected to grow at the highest CAGR during the 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. The European Union's Green Deal and the "Fit for 55" legislative package are contributing to the goal of greener aviation solutions. These are likely to encourage European airlines and manufacturers to adopt more electric aircraft technologies, which put emphasis on the electrification of systems to reduce emissions and decrease operational costs. Europe is also home to global aerospace leaders such as Airbus and Safran, which are focused on the development of electric and hybrid-electric aircraft technologies. Airbus has recently introduced the E-Fan X and the ZEROe project, which focuses on electric and hydrogen propulsion for sustainable aviation. Safran has developed electric power systems and equipment and contributed significantly to more electric aircraft advancements in the field of regional and short-haul aircraft.

HIGHEST CAGR MARKET IN 2024
GERMANY FASTEST GROWING MARKET IN THE REGION

Recent Developments of More Electric Aircraft Market

  • In 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. This includes modifying a Passport engine with hybrid electric components for testing through NASA’s Hybrid Thermally Efficient Core (HyTEC) project.
  • In 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. A member of Team Valor, Astronics has been working with Bell for several years, supplying electrical power and distribution systems for demonstrator aircraft. This contract will further mature the system for qualification and certification. It follows the Army’s selection of the V-280 as the winner of its FLRAA competition and the planned replacement for the UH-60 Blackhawk.
  • In June 2023, Safran Helicopter Engines (France) and AURA AERO (France) signed a partnership agreement for Electric Regional Aircraft (ERA) propulsion. The companies will work together to evaluate integration solutions for the turbogenerator developed by Safran, in line with the requirements defined for the ERA, a 19-seater regional aircraft.
  • In July 2023, Honeywell (US) signed a long-term agreement with Air India Limited, India’s leading global airline and a Tata Group enterprise, for Auxiliary Power Unit (APU) aftermarket support covering both Air India’s existing and new fleets. The agreement provides comprehensive maintenance support for Honeywell APUs, ensuring high aircraft dispatch reliability and fleet availability, and lower unplanned maintenance costs across Air India’s fleet.

Key Market Players

KEY PLAYERS IN THE MORE ELECTRIC AIRCRAFT MARKET INCLUDE

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Scope of the Report

Report Metric Details
Market size available for years 2020-2029
Base Year Considered 2023
Forecast period 2024-2029
Forecast units Value (USD Million/ Billion)
Segments covered By System, Component, Application, Platform, End User, and region
Geographies covered North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America

 

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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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
30
RESEARCH METHODOLOGY
35
EXECUTIVE SUMMARY
46
PREMIUM INSIGHTS
50
MARKET OVERVIEW
53
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Development of high-density battery solutions for more electric aircraft
    - Increasing use of electric technology to optimize aircraft performance
    - Lowering of operational and maintenance costs
    - Reduction in emissions and aircraft noise
    - Technological advancements in electric systems
    RESTRAINTS
    - High capital requirements and longer clearance periods
    - Potential for overheating of electrical systems
    OPPORTUNITIES
    - Introduction of alternative power sources for electric power generation
    - Advancements in power electronic components
    - Adoption of urban air mobility (UAM) technologies
    CHALLENGES
    - Requirement for reliable cable systems
    - Significant increase in maximum take-off weight
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    REVENUE SHIFTS AND NEW REVENUE POCKETS FOR MORE ELECTRIC AIRCRAFT MARKET
  • 5.4 VALUE CHAIN ANALYSIS
  • 5.5 ECOSYSTEM ANALYSIS
    PROMINENT COMPANIES
    PRIVATE AND SMALL ENTERPRISES
    END USERS
  • 5.6 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Turbogenerators for powering electric motors and batteries
    - Electric actuators
    ADJACENT TECHNOLOGIES
    - Fly-by-wire
  • 5.7 CASE STUDY ANALYSIS
    HONEYWELL OPTIMIZES MORE ELECTRIC ARCHITECTURE
    HONEYWELL SUCCESSFULLY DESIGNS AUXILIARY POWER UNIT FOR BOEING
    ELECTRIC TAXI SYSTEMS
  • 5.8 PRICING ANALYSIS
    AVERAGE SELLING PRICE RANGE, BY COMPONENT
    INDICATIVE PRICING ANALYSIS, BY COMPONENT
    AVERAGE SELLING PRICE RANGE, BY PLATFORM, 2023
  • 5.9 MORE ELECTRIC AIRCRAFT, BY AIRCRAFT TYPE
  • 5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.11 REGULATORY LANDSCAPE
    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
    INTRODUCTION
    ADOPTION OF AI IN AVIATION BY TOP COUNTRIES
    IMPACT OF AI ON AVIATION: USE CASES
    IMPACT OF AI ON MORE ELECTRIC AIRCRAFT MARKET
  • 5.20 MACROECONOMIC OUTLOOK
    NORTH AMERICA
    EUROPE
    ASIA PACIFIC
    MIDDLE EAST
    LATIN AMERICA
    AFRICA
INDUSTRY TRENDS
88
  • 6.1 INTRODUCTION
  • 6.2 TECHNOLOGY TRENDS
    SHIFT FROM HYDRAULIC TO ELECTRIC LANDING GEAR
    USE OF ELECTRICAL AND ELECTRONICS TECHNOLOGIES IN MORE ELECTRIC AIRCRAFT
    - Machine technologies
    - Power electronics
    - Energy management
    ADVANCED BATTERIES
    - Lithium-sulfur (Li-S)
    ELECTRIC MOTOR-DRIVEN SMART PUMPS
    HIGH-VOLTAGE POWER DISTRIBUTION
    ELECTRIC ACTUATION SYSTEMS (FLY-BY-WIRE)
    3D PRINTING
  • 6.3 SUPPLY CHAIN ANALYSIS
  • 6.4 IMPACT OF MEGATRENDS
    SUSTAINABLE AVIATION FUEL
  • 6.5 PATENT ANALYSIS
MORE ELECTRIC AIRCRAFT MARKET, BY END USER
96
  • 7.1 INTRODUCTION
  • 7.2 CIVIL
    FOCUS ON REDUCING EMISSIONS TO PROPEL MARKET
  • 7.3 MILITARY
    INCREASED DEFENSE SPENDING TO DRIVE MARKET
MORE ELECTRIC AIRCRAFT MARKET, BY APPLICATION
99
  • 8.1 INTRODUCTION
  • 8.2 POWER GENERATION
    INCREASING DEMAND FOR MORE ELECTRIC ARCHITECTURE TO FUEL MARKET
  • 8.3 POWER DISTRIBUTION
    ABILITY TO DETECT VOLTAGE AND PROVIDE PROMPT LOAD SHUT-OFF TO DRIVE DEMAND
  • 8.4 POWER CONVERSION
    NEED TO INCREASE OPERATIONAL EFFICIENCY TO GENERATE DEMAND
  • 8.5 ENERGY STORAGE
    INCREASED USE OF ADVANCED BATTERY AND FUEL CELL SYSTEMS TO BOOST MARKET
MORE ELECTRIC AIRCRAFT MARKET, BY PLATFORM
103
  • 9.1 INTRODUCTION
  • 9.2 FIXED-WING
    IMPROVED FUEL CONSUMPTION AND RELIABILITY TO DRIVE DEMAND
    NARROW-BODY AIRCRAFT (NBA)
    - Reduction in weight factor to drive market
    WIDE-BODY AIRCRAFT (WBA)
    - Need to lower carbon footprint to fuel market
    REGIONAL AIRCRAFT
    - Increase in air passenger traffic to fuel demand
    FIGHTER JETS
    - Increasing military budgets to boost market
  • 9.3 ROTARY-WING
    NEED FOR INCREASED OPERATIONAL EFFICIENCY TO DRIVE MARKET
MORE ELECTRIC AIRCRAFT MARKET, BY SYSTEM
109
  • 10.1 INTRODUCTION
  • 10.2 PROPULSION SYSTEMS
    FUEL MANAGEMENT SYSTEMS
    - Help reduce fuel usage
    THRUST REVERSER SYSTEMS
    - Facilitate reduced brake wear
  • 10.3 AIRFRAME SYSTEMS
    ENVIRONMENTAL CONTROL SYSTEMS
    - Ensure comfortable cabin environment
    ACCESSORY DRIVE SYSTEMS
    - Help increase power transmission capabilities
    POWER MANAGEMENT SYSTEMS
    - Increase energy efficiency in aircraft
    CABIN INTERIOR SYSTEMS
    - Used to enhance customer experience
    FLIGHT CONTROL SYSTEMS
    - Employed to control aircraft direction
    LANDING GEAR SYSTEMS
    - Facilitate take-off and landing
MORE ELECTRIC AIRCRAFT MARKET, BY COMPONENT
115
  • 11.1 INTRODUCTION
  • 11.2 POWER SOURCES
    BATTERIES
    - Nickel-based batteries
    - Lead-acid batteries
    - Lithium-based batteries
    FUEL CELLS
    - Increase efficiency and help to reduce fuel load
    SOLAR CELLS
    - Eliminate requirement for liquid fuel
  • 11.3 ACTUATORS
    ELECTRIC
    OFFER GREATER RELIABILITY
    HYBRID ELECTRIC
    HELP SAVE ENERGY
    - Electro-hydrostatic actuators (EHA)
    - Electro-mechanical actuators (EMA)
    - Electrical-backup hydraulic actuators
  • 11.4 ELECTRIC PUMPS
    SUITED TO NEXT-GENERATION AIRCRAFT
  • 11.5 POWER ELECTRONICS
    RECTIFIERS
    - Used for AC to DC conversion
    INVERTERS
    - Facilitate DC to AC conversion
    CONVERTERS
    - Provide high-quality DC electrical power for aerospace networks
  • 11.6 DISTRIBUTION DEVICES
    WIRES & CABLES
    - Increasing demand due to shift toward more electric aircraft
    CONNECTORS & CONNECTOR ACCESSORIES
    - Rising need for well-connected wiring systems to boost demand
    BUSBARS
    - Easy installation to increase adoption
  • 11.7 GENERATORS
    STARTER GENERATORS
    - Acts as parallel electrical power supply units
    AUXILIARY POWER UNITS (APU)
    - Provide back-up electrical supply for aircraft
    VARIABLE SPEED CONSTANT FREQUENCY (VSCF) GENERATORS
    - Offer more flexible electrical system architecture
  • 11.8 VALVES
    REGULATE GAS LEVELS IN MEA ENGINES
MORE ELECTRIC AIRCRAFT MARKET, BY REGION
126
  • 12.1 INTRODUCTION
  • 12.2 NORTH AMERICA
    NORTH AMERICA: PESTLE ANALYSIS
    US
    - Presence of leading OEMs to drive market
    CANADA
    - Increasing R&D activities to boost market
  • 12.3 EUROPE
    EUROPE: PESTLE ANALYSIS
    UK
    - Presence of prominent aircraft OEMs to fuel market
    FRANCE
    - High investments in aerospace industry to drive market
    GERMANY
    - Developments in electric propulsion technologies to drive demand
    RUSSIA
    - Growing aviation sector to boost market
    ITALY
    - Increasing demand for aircraft to fuel market
    REST OF EUROPE
  • 12.4 ASIA PACIFIC
    ASIA PACIFIC: PESTLE ANALYSIS
    CHINA
    - Growing demand for aerospace products to fuel market
    INDIA
    - Rapidly expanding aviation sector to spur market growth
    JAPAN
    - Increasing in-house development of aircraft to drive demand
    SOUTH KOREA
    - Presence of electric component manufacturers to support market
    AUSTRALIA
    - Increasing air traffic to boost demand
    REST OF ASIA PACIFIC
  • 12.5 MIDDLE EAST & AFRICA
    MIDDLE EAST & AFRICA: PESTLE ANALYSIS
    UAE
    - Presence of leading global airlines to drive market
    SAUDI ARABIA
    - Significant growth in advanced power electronics to drive market
    ISRAEL
    - Growing need to ramp up aircraft fleet to accelerate market
    SOUTH AFRICA
    - Expanding tourism sector to fuel market
    REST OF MIDDLE EAST & AFRICA
  • 12.6 LATIN AMERICA
    LATIN AMERICA: PESTLE ANALYSIS
    BRAZIL
    - Presence of leading airlines to boost market
    MEXICO
    - Government initiatives to drive market
    REST OF LATIN AMERICA
COMPETITIVE LANDSCAPE
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
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT
  • 13.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
  • 13.8 COMPANY VALUATION AND FINANCIAL METRICS
  • 13.9 BRAND/PRODUCT COMPARISON
  • 13.10 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
COMPANY PROFILES
228
  • 14.1 INTRODUCTION
  • 14.2 KEY PLAYERS
    SAFRAN S.A.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    HONEYWELL INTERNATIONAL, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    RTX
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    GENERAL ELECTRIC
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    PARKER HANNIFIN CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    BAE SYSTEMS PLC
    - Business overview
    - Products/Solutions/Services offered
    BOMBARDIER INC.
    - Business overview
    - Products/Solutions/Services offered
    EMBRAER S.A.
    - Business overview
    - Products/Solutions/Services offered
    LIEBHERR
    - Business overview
    - Products/Solutions/Services offered
    AMETEK, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    NABTESCO CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    MOOG INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    ASTRONICS CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    ROLLS-ROYCE PLC
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    EATON
    - Business overview
    - Products/Solutions/Services offered
    AMPHENOL CORPORATION
    - Business overview
    - Products/Solutions/Services offered
  • 14.3 OTHER PLAYERS
    PBS AEROSPACE
    AVIONIC INSTRUMENTS, LLC
    EAGLEPICHER TECHNOLOGIES LLC
    PIONEER MAGNETICS
    WRIGHT ELECTRIC
    MAGNIX
    RADIANT POWER CORPORATION
    AMPAIRE
    WOODWARD
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

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

Previous Versions of this Report

More Electric Aircraft Market by Aircraft Type (Fixed Wing, Rotary Wing), Application (Power Generation, Power Distribution, Power Conversion, Energy Storage), Aircraft System, Component, End User, and Region – Global Forecast to 2027

Report Code AS 2769
Published in Nov, 2024, By MarketsandMarkets™

More Electric Aircraft Market by Application (Power Generation, Power Distribution, Power Conversion, Energy Storage), Aircraft Type (Fixed Wing, Rotary Wing), Aircraft System, Component, End User and Region - Global Forecast to 2027

Report Code AS 2769
Published in Nov, 2022, By MarketsandMarkets™

More Electric Aircraft Market by End User (Civil, Military), Aircraft System, Component, Application (Power Generation, Power Distribution, Power Conversion, Energy Storage), Aircraft Type (Fixed Wing, Rotary Wing), Region - Global Forecast to 2025

Report Code AS 2769
Published in Dec, 2020, By MarketsandMarkets™

More Electric Aircraft Market by Technology (Power Electronics, Thermal Management, Energy Storage & Others), Application (Power Generation, Passenger Comfort, Air Pressurization & Others) Platform (Fixed Wing, Rotary Wing), and Region - Global Forecast to 2021

Report Code AS 2769
Published in Nov, 2016, By MarketsandMarkets™

More Electric Aircraft (MEA) Market by Technology (Power Electronics, Thermal Management, Safety Systems and Advanced Materials), Platform (Commercial, Military and UAV) & Geography – Global Forecast to 2020

Report Code AS 2769
Published in Sep, 2014, By MarketsandMarkets™

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Growth opportunities and latent adjacency in More Electric Aircraft Market

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