The Aircraft Electric Motor Global Market Report 2023, provides comprehensive information on the aircraft electric motor market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Aircraft Electric Motor Global Market Report 2023, the global aircraft electric motor market size grew from $7.79 billion in 2022 to $8.62 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft electric motor market size is expected to grow to $12.02 billion in 2027 at a CAGR of 8.7%.
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The aircraft electric motor market is segmented:
1) By Type: AC Motor, DC Moto
2) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Advanced Air Mobility
3) By Torque: Up to 1 Nm, 1-50 Nm, 50-200 Nm, Above 200 Nm
4) By Output Power: Up to 10 kW, 10-200 kW, Above 200 kW
5) By Application: Propulsion System, Flight Control System, Environmental Control System, Engine Control System, Avionics System, Door Actuation System, Landing and Braking System, Cabin Interior System, Other Applications
North America was the largest region in the aircraft electric motor market in 2022.
The table of contents in TBRC’s aircraft electric motor market report includes:
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Top 5 Major Key Players Are:
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