Report overview
Electric power and propulsion systems enable new ways of air transport. All-electric and hybrid-electric drive systems allow aircraft to fly with power from renewable resources or e.g. fuel cell instead of only fossil fuels, and make new aircraft designs possible. For replacing fossil fuel energy, airplanes can use an electric and hydro-electric drive system. As soon as this technology is improved, this would lead to reducing pollution and fuel consumption. Light Sport and the training aircraft are already powered by electricity which makes them extremely quiet. There are several electric power and thermal management systems developed for making electrified aircraft efficient and for commercial uses. New rules for the new technology with new platforms and aviation systems need to be set up for realizing the full potential of electric propulsion aircraft. In recent years, there has been a significant increase in electric propulsion research and investments in electric aircraft and electric aviation systems. This technology of electrification will lead to a rise in the possibility of more electrified aircraft.The transportation Industry has improved a lot and has made many efforts for reducing the environmental effects. The Aircrafts traveling between European Economic Area are impacted by the European Union?s 2003 scheme ?Greenhouse Gas Emission Allowance Trading??. This scheme talks about reducing and offsetting carbon for International Aviation, which has begun its trial phase in 2021.
This report aims to provide a comprehensive presentation of the global market for Electrified Aircraft Propulsion, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrified Aircraft Propulsion. This report contains market size and forecasts of Electrified Aircraft Propulsion in global, including the following market information:
Global Electrified Aircraft Propulsion Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electrified Aircraft Propulsion Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Electrified Aircraft Propulsion companies in 2022 (%)
The global Electrified Aircraft Propulsion market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Hybrid Power Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Electrified Aircraft Propulsion include Honeywell International Inc., Safran, Thales Group, Raytheon Technologies, GE Aviation, Ametek Inc., Meggitt PLC, BAE Systems, Eaglepicher Technologies LLC and Astronics Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electrified Aircraft Propulsion manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrified Aircraft Propulsion Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electrified Aircraft Propulsion Market Segment Percentages, by Type, 2022 (%)
Hybrid Power
Fully Electric
Global Electrified Aircraft Propulsion Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electrified Aircraft Propulsion Market Segment Percentages, by Application, 2022 (%)
Online Sales
Offline Sales
Global Electrified Aircraft Propulsion Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electrified Aircraft Propulsion Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrified Aircraft Propulsion revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electrified Aircraft Propulsion revenues share in global market, 2022 (%)
Key companies Electrified Aircraft Propulsion sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electrified Aircraft Propulsion sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Honeywell International Inc.
Safran, Thales Group
Raytheon Technologies
GE Aviation
Ametek Inc.
Meggitt PLC
BAE Systems
Eaglepicher Technologies LLC
Astronics Corporation
Crane Aerospace & Electronics
Magnix
PBS Aerospace
ACME Aerospace Inc. & Avionic Instruments LLC
Nabtesco Corporation
Carlisle Interconnect Technologies
H3X Systems and Motors
Rolls Royce Industries
Pipistrel
Ampaire
Bye Aerospace
Eviation
Collins Aerospace
Parker Hannfinn Corporation
Eaton Technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electrified Aircraft Propulsion, market overview.
Chapter 2: Global Electrified Aircraft Propulsion market size in revenue and volume.
Chapter 3: Detailed analysis of Electrified Aircraft Propulsion manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electrified Aircraft Propulsion in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electrified Aircraft Propulsion capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
