Aircraft Electrification Market worth $8.6 billion by 2030 | Top Companies & Regional Outlook

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• Aircraft Electrification Market worth 8.6
  billion by 2030 Top Companies Regional Outlook

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• Scope of The Report

• Research report categorizes the Aircraft
  Electrification Market based on Technology,
  Application, System, Component, Platform by
  region.

• By Technology
• More Electric
• Hybrid Electric
• Fully Electric

• By Component
• Batteries
• Fuel Cells
• Actuators
• Generators
• Power Electronics
• Distribution Devices

• By Region
• North America
• Europe
• Asia Pacific
• Middle East
• Latin America

And More
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• Recent Developments In The Aircraft
  Electrification Market

• In June 2019, Honeywell International Inc. (US)
  and DENSO Corporation (Japan) collaborated for
  the development of the electric propulsion system
  for urban air mobility. This is expected to offer
  several market opportunities in electric aircraft
  technology.
• In June 2019, Daher (France), Safran (France),
  and Airbus (France) announced a joint venture for
  the development of EcoPulseTM, a distributed
  hybrid propulsion aircraft demonstrator. This is
  expected to accelerate the evolution of
  conventional aircraft towards hybrid electric
  aircraft.
• In September 2019, Safran (France) and Boeing
  (US) announced joint investment in electric power
  systems (EPS) that are expected to help develop
  batteries for the urban air mobility and electric
  aircraft projects.

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Key Segments
The aircraft electrification market is estimated
to be USD 3.4 billion in 2022 and is projected to
reach USD 8.6 billion by 2030, at a CAGR of 12.2
from 2022 to 2030.
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Increasing focus on reducing carbon emissions and
aircraft noise are major factors expected to
drive the market in the coming years.
Browse 121 market data Tables and 46 Figures
spread through 177 Pages and in-depth TOC on
"Aircraft Electrification Market - Global
Forecast to 2030"
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Increasing awareness on emission-less flying and
government regulations in several countries
pertaining to reduction in noise and emissions
for the aviation industry, the aircraft
electrification market is expected to witness
significant growth during the forecast period.
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The Asia Pacific aircraft electrification market
is projected to grow at the highest CAGR from
2022 to 2030
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• Aircraft Electrification Market Growth Rate

2030
2022
CAGR of 12.2 
Market Size of 3.4 Billion
Market Size of 8.6 Billion
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• Key Vendors

Vendors

• Honeywell International Inc. (US)
• Safran (France)
• Thales Group (France)
• United Technologies Corporation (US)
• GE Aviation (US)
• Raytheon Company (US)
• AMETEK (US)
• Meggitt PLC (UK)
• BAE Systems (UK)
• Radiant Power Corporation (US)

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om/Market-Reports/aircraft-electrification-market-
31650461.html
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• Top Region..

• North America
• Asia Pacific
• Europe
• Middle East
• Latin America

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/aircraft-electrification-market-
31650461.html
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• Key Questions Answered in Our Report

• 1. How has the market shaped up? Historic trends,
  early adopters, regulation, tipping point etc.

2. What are the burning issues? How can they be
addressed?
3. What will your New Revenue Sources be?
4. Which regions will offer the most promising
opportunities?
5. Who are the leading players in this market?
What strategies are they adopting to stay ahead
of competition?
6. How will the market shape up in next five
years? competition?
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  identification of opportunities

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