Dublin, November 23, 2020 (GLOBE NEWSWIRE) – The report “The More Electric Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2020-2025” has been added ResearchAndMarkets.com Offer.
The global market for more electric aircraft grew at a CAGR of 6.5% in 2014-2019 and is expected to continue its moderate growth over the next five years.
More electric aircraft (MEA) involve the use of advanced electrical systems to replace the pneumatic equipment commonly used. In these aircraft, non-propulsive functions such as pressurization, de-icing, engine start, flight control and actuation of the landing gear are electrified, making them very energy efficient.
They also use power electronics, energy storage, and thermal management, safety, battery and fuel cell systems. Compared to the traditionally used aircraft, MEAs are safer, more environmentally friendly, cause minimal noise pollution and cause lower CO2 emissions.
Significant growth in the aerospace industry, as well as a growing need to optimize aircraft performance, are among the key factors driving the market. Accordingly, the widespread adoption of MEA is contributing to market growth due to the benefits associated with it such as reduced operating and maintenance costs and increased reliability.
This has further enabled the use of technologically advanced power electronics, fault tolerant devices, electrohydrostatic actuators, and flight control systems. In addition, various high-density electric motors, power conversion and generation systems are used in the MEA.
In addition, the increasing acceptance of these aircraft in the commercial sector is fueling market growth. New aircraft are increasingly being integrated into a more electric architecture that offers potential benefits such as improved fuel efficiency, aircraft reliability, and minimal dependence on fossil fuels.
Other factors, including the increasing adoption of unmanned aerial vehicles (UAVs) in the defense sector, as well as the implementation of favorable government measures to ensure continuous research and development (R&D) and the introduction of effective and advanced product variants, are expected to propel the market further.
Key questions answered in this report:
- How has the global market for electric aircraft developed so far and how will it develop in the coming years?
- What are the main regional markets?
- What is the division of the market based on application?
- What is the division of the market based on technology?
- How is the market divided by aircraft type?
- What are the different phases in the industry value chain?
- What are the main driving factors and challenges in the industry?
- What is the structure of the global electric aircraft market and who are the main players?
- How strong is the competition in the industry?
Main topics covered:
1 Introduction
2 Scope and methodology
2.1 Aims of the study
2.2 stakeholders
2.3 data sources
2.4 Market estimate
2.5 Forecast method
3 Summary
4 Introduction
4.1 Overview
4.2 Major industry trends
5 Global market for more electric aircraft
5.1 Market overview
5.2 Market performance
5.3 Market forecast
6 Market division by application
6.1 Air pressurization and air conditioning
6.1.1 Market trends
6.1.2 Market forecast
6.2 Configuration management
6.3 Flight control operations management
6.4 Power generation management
6.5 Power distribution management
6.6 Others
7 Market division by technology
7.1 Security systems and advanced materials
7.1.1 Market Trends
7.1.2 Market forecast
7.2 Power electronics
7.3 Energy storage
7.4 Thermal management systems
7.5 Others
8 Market breakdown by aircraft type
8.1 Fixed wing aircraft (narrow body / wide body / very large body)
8.1.1 Market trends
8.1.2 Market forecast
8.2 Rotary wing aircraft
8.3 Unmanned aerial vehicles
8.4 Others
9 Market breakdown by region
10 SWOT analysis
10.1 Overview
10.2 strengths
10.3 weaknesses
10.4 possibilities
10.5 Threats
11 Value chain analysis
12 Porter’s Five Forces Analysis
13 price indicators
14 Competitive Landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of the main actors
- Airbus SE
- Bombardier Inc.
- Honeywell International Inc.
- Lockheed Martin
- Raytheon Company
- Rolls-Royce Holdings Plc.
- Safran SA
- Thales group
- The Boeing Company
- TTTech Computertechnik AG
- United Technologies Corporation
Please visit https://www.researchandmarkets.com/r/qgbge0 for more information on this report
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