Aircraft Electric Motors Market Value Reach $12.1 billion by 2026

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Aircraft Electric Motors Market Value Reach
12.1 billion by 2026
The report "Aircraft Electric Motors Market by
Type (AC motor, DC motor), Application, Output
Power, Torque, Power Density, End User, Aircraft
Type (Fixed Wing, Rotary Wing, Unmanned Aerial
Vehicles, Mobility), Forecast projected
Advanced Air
and Region - to 2026", size is
to grow from USD USD at a
8.4 billion in 2021 to 12.1 billion by 2026,
CAGR of 7.4 from 2021 to 2026. The market is
driven by various factors, such as as increase
in aircraft renewals and rise in development of

• UAvs and hybrid VTOLs.
• Ask for PDF Brochure _at_ https//www.marketsandmark
  ets.com/pdfdownloadNew.asp?id3248447 Key Market
  Players
• The aircraft electric motors market includes
  major players Moog Inc. (US), Meggitt PLC (UK),
  Altra Industrial Motion Corporation (US),
  Woodward, Inc. (US), and Rolls-Royce PLC (UK).
  These players have spread their business across
  various countries includes North America,
  Europe, Asia Pacific, Middle East, Africa, and
  Latin America. COVID- 19 has impacted their
  businesses as well. Industry experts believe that
  COVID-19 has affected aircraft electric motors
  production and services by 710 globally in
  2020.
• Demand for maximum efficiency during engine
  operation will drive the demand for engine
  control system segment
• The engine control system segment is expected to
  be the largest market by value. The growth of
  the engine control system segment of the aircraft
  electric motors market can be attributed to the
  increase in the complexity of engines increasing
  with more control signals and greater demand for
  performance and functionality. In addition, small
  electric aircraft usually have an electric
  starting system during which an electrical motor
  is employed along with a battery, which is the
  source of electricity, wiring, switches, and
  solenoids to operate the starter. Electric motors
  are also used to drive

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the lubrication and scavenge pumps in aircraft
for oil lubrication and fuel or coolant
systems. The AC motor segment is projected to
witness a higher CAGR during the forecast
period. Based on type, the AC motor segment is
projected to be the highest CAGR rate for the
aircraft electric motors market during the
forecast period. The growth of the AC motor
segment of the aircraft electric motors market
can be attributed to the applications with
varied power requirements. These are used in
actuation systems in aircraft fans and hydraulic
pumps. The above 200 kW segment is projected to
witness a higher CAGR during the forecast
period Based on output power, the above 200 kW
segment is projected to be the highest CAGR rate
for the aircraft electric motors market during
the forecast period. This growth can be
attributed to their ideal usage for the
propulsion of mid-sized aircraft covering
short-range flights. These motors are well-suited
to power smaller aircraft as a standalone system
or as part of a distributed system on larger
aircraft like the Eviation Alice 9-passenger
aircraft. They typically have higher torque and
lesser RPM compared to smaller motors. The above
200 Nm segment is projected to witness a higher
CAGR during the forecast period Based on torque,
the above 200 Nm segment is projected to be the
highest CAGR rate for the aircraft electric
motors market during the forecast period. This
growth can be attributed to large or heavy
applications by providing high torque at a slower
speed. The above 10 kW/kg segment is projected to
witness a higher CAGR during the forecast
period Based on power density, the above 10 kW/kg
segment is projected to be the highest CAGR rate
for the aircraft electric motors market during
the forecast period. This growth can be
attributed to heavy aircraft applications like
propulsion. The Unmanned Aerial Vehicles segment
is projected to witness the highest CAGR during
the forecast period Based on the aircraft type,
the unmanned aerial vehicles segment is projected
to grow at the highest CAGR rate for the
aircraft electric motors market during the
forecast period. UAVs are commonly termed drones
and are mostly known for their wide usage in
various military missions such as border
surveillance. They are also used for mapping,
surveying, and determining weather conditions of
a specific area. Certain remotely piloted UAVs
are designed to operate as loitering munition for
defense forces.
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The OEM segment is projected to witness the
highest CAGR during the forecast period Based on
the end use, the OEM segment is projected to grow
at the highest CAGR rate for the aircraft
electric motors market during the forecast
period. OEMs are responsible for the
installation of electric motors in an aircraft
during the assembly stage and are then made
available for delivery to aircraft manufacturers.
Over the years, there has been a significant
rise in the demand for different aircraft types
across regions. According to Airbus, it delivered
863 commercial aircraft to 99 customers in
2019. The North America market is projected to
contribute the largest share from 2021 to
2026 North America is projected to be the largest
regional share of the aircraft electric motors
market during the forecast period. The key factor
responsible for North America, leading the
aircraft electric motors market owing to the
rapid growth of the technologically advanced
electric motors in the region. In North America,
the rise in aircraft orders and supplies is
encouraging manufacturers of aircraft electric
motors to increase their sales year on year. The
increasing demand for commercial aircraft and
the presence of some of the leading players
operating in the market, such as MagniX, H3X,
Kollmorgen, Windings Inc., Honeywell
International, Inc, are expected to drive the
aircraft electric motors market in North America.
These players are focusing on RD to increase
their product lines and using technologically
advanced systems, subsystems, and other
components for manufacturing aircraft electric
motors. Request for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id3248447
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