Future Growth Opportunities and Challenges for Aircraft Electric Motors Market (2022-2027)

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Future Growth Opportunities and Challenges for
Aircraft Electric Motors Market (2022-2027)
The Aircraft Electric Motors Market is projected
to grow from USD 8.2 Billion in 2022 to USD 12.9
Billion by 2027, at a CAGR of 9.4 from 2022 to
2027. The demand for improved aircraft electric
motors onboard new aircraft is boosting the
adoption of aircraft electric motors, which
reduces weight and decreases operating and
maintenance costs for end users. Key Market
Players Major players operating in the aircraft
electric motors market include Moog Inc. (US),
Meggitt PLC (UK),
Altra Industrial Corporation Woodward, Inc.
Motion (US), (US),
Allied Motion Inc. Arkwin Industries
(US), Inc.

• (US) and Rolls-Royce PLC (UK). These companies
• have reliable manufacturing facilities as well as
  strong distribution networks across key regions,
  such as North America, Europe, Middle East and
  Asia Pacific.
• Download PDF Brochure _at_
• https//www.marketsandmarkets.com/pdfdownloadNew.a
  sp?id3248447
• Based on Type, AC Motors are expected to dominate
  market share during the forecast period. The
  market for aircraft electric motors has grown
  significantly in the AC Motor sector, which
  might be attributable to applications with
  varying power requirements. They are employed in
  hydraulic pump and aircraft fan actuation
  systems.
• Based on Output Power, the above 200 kW is
  anticipated to show the highest growth rate for
  aircraft electric motor market. Their optimal
  applicability for mid-sized aircraft flying
  short-distance journeys is attributed to the
  segment's rise. These motors are ideally adapted
  to power smaller aircraft either as a distributed
  system on bigger aircraft like the Eviation
  Alice 9-passenger aircraft or as a standalone
  system on smaller aircraft. They frequently have
  higher torque and lower RPM than smaller motors.
• Based on aircraft type, fixed-wing aircraft is
  expected to account for the largest market share
  during the forecast period. Both in the
  commercial and general aviation sectors, the
  demand for fixed-wing aircraft is anticipated to
  grow rapidly, necessitating the concurrent usage
  of aircraft electric motors for cutting-edge
  aircraft. Secondly, manufacturers are developing
  advanced aircraft electric motors to replace the
  bulky traditional aircraft components.
• Based on End Use, the OEM segment is projected to
  lead the aircraft electric motors market during
  the forecast period. The demand for different
  types of aircraft has

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significantly increased throughout the areas over
the years. Electric motors are installed by OEM
during the aircraft assembly process and then
made accessible for supply to aircraft
manufacturers. Consequently, the OEM segment
market will be driven. Based on Region, North
America accounted for the largest market share in
2022, and Asia Pacific is projected to witness
the highest CAGR during the forecast period.
Existence of key players, OEMs, and component
makers are some of the factors anticipated to
drive the North American aviation electric motors
market. Additionally, the rising demand for
contemporary aircraft for commercial and civic
uses is having an impact on market growth in
North America. News Also Covered
https//www.prnewswire.com/news-releases/aircraft-
electric- motors-market-worth-12-9-billion-by-202
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