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More Electric Aircraft Market 11.37 CAGR Growth Outlook 2024-2030

More Electric Aircraft Market by Platform (Commercial Aircraft (Narrow Body, Wide Body, Regional Jet), by System (Aircraft Configuration, Management System, Flight Control, Mission Management System, Air Pressurization, Conditioning System, Power Generation, Management System, Others), by Forecast 2024-2032

Oct 25 2024
Base Year: 2023
150 Pages
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More Electric Aircraft Market 11.37 CAGR Growth Outlook 2024-2030

Key Insights

The More Electric Aircraft Market size was valued at USD 33.24 USD Billion in 2023 and is projected to reach USD 70.64 USD Billion by 2032, exhibiting a CAGR of 11.37 % during the forecast period. More Electric Aircraft (MEA) is a new generation of technology innovation in aviation systems with electrical systems replacing hydraulic and pneumatic ones. This change increases efficiency, decreases weight and also makes the upkeep cheaper. There are two principal classes of MEAs: hybrid electric airliner and fully electric airliner. Hybrid electric aircraft, use both conventional and electric power with electric power complemented by conventional power for electric propulsive power Aircraft that are fully electric, on the other hand, are propelled by batteries only. Some of the notable features of MEAS include complex power electronics, electric motors having high efficiency, and intricate energy control systems. These components enable the desired performance levels, enhance reliability and fuel economy, as well as minimize emissions. They are commonly used in applications such as commercial aeroplanes, military aeroplanes and unmanned aerial systems. The benefits of adopting MEA technology are significant: Less fuel consumption and greenhouse emissions, decreased operating costs, improved dependability and decreased noise pollution.

More Electric Aircraft Market Research Report - Market Size, Growth & Forecast

More Electric Aircraft Trends

  • Integration of advanced electronic systems and software
  • Implementation of composite materials to reduce weight and improve performance
  • Adoption of electric power generation and distribution systems

Driving Forces: What's Propelling the More Electric Aircraft Market

  • Rising fuel costs and the need for improved fuel efficiency: Soaring fuel prices continue to burden the aviation industry, driving the search for more fuel-efficient solutions. Electric aircraft offer significant potential for reducing fuel consumption and operating costs.
  • Concerns over environmental pollution and the push for sustainability: Aviation contributes significantly to greenhouse gas emissions, prompting governments and stakeholders to prioritize the development and adoption of sustainable technologies. More electric aircraft, powered by renewable energy sources, can help reduce carbon footprint and mitigate environmental concerns.
  • Growing demand for long-haul flights and increased payload capacity: The aviation industry is witnessing a growing demand for long-range flights, coupled with the need to increase payload capacity. Electric propulsion systems offer advantages in terms of weight reduction and energy efficiency, enabling the development of aircraft with extended ranges and enhanced payload capabilities.
  • Government initiatives and incentives to promote electric aviation: Governments around the world are recognizing the potential benefits of electric aviation and are implementing initiatives and incentives to foster innovation and support the development and deployment of electric aircraft.

Challenges and Restraints in More Electric Aircraft Market

  • High development and manufacturing costs
  • Technical limitations, such as battery weight and range constraints
  • Concerns about safety and reliability
  • Regulatory hurdles and infrastructure requirements

Emerging Trends in More Electric Aircraft

  • Development of hybrid electric aircraft
  • Integration of hydrogen fuel cells
  • Advancements in battery technology
  • Autonomous flight systems

Growth Catalysts in More Electric Aircraft Industry

  • Technological innovations and research and development: Ongoing advancements in battery technology, power electronics, and electric propulsion systems are driving the development of more efficient and reliable electric aircraft.
  • Collaborative efforts among industry stakeholders: Partnerships between aircraft manufacturers, suppliers, academia, and government agencies are fostering a collaborative approach to accelerate the development and commercialization of more electric aircraft.
  • Increasing demand from commercial airlines and aircraft manufacturers: As the benefits of electric aviation become more apparent, commercial airlines and aircraft manufacturers are expressing growing interest in incorporating electric aircraft into their fleets.
  • Government support for sustainability initiatives: Governments are supporting the development of electric aviation through funding, research grants, and policies that promote sustainable transportation solutions.

Market Segmentation: More Electric Aircraft Analysis

By Platform:

  • Commercial Aircraft
    • Narrow Body
    • Wide Body
    • Regional Jet 

By System:

  • Aircraft Configuration and Management System
  • Flight Control and Mission Management System
  • Air Pressurization and Conditioning System
  • Power Generation and Management System
  • Others

Leading Players in the More Electric Aircraft Market

  • Thales Group (France)
  • BAE Systems PLC (U.K.)
  • Bombardier Inc. (Canada)
  • Elbit Systems Ltd. (Israel)
  • GE Aviation (U.S.)
  • Safran SA (France)
  • Lockheed Martin Corporation (U.S.)
  • Airbus (Netherlands)
  • The Boeing Company (U.S.)
  • AMETEK, Inc. (U.S.)
  • Honeywell International Inc. (U.S.)
  • Raytheon Technologies Corporation (U.S.)
  • Rolls-Royce Holdings PLC (U.K.)

Significant Developments in More Electric Aircraft Sector

  • October 2023: GE Aerospace researchers plan to build and demonstrate a small engine prototype powered by fuel cells and sustainable aviation fuel (SAF) to help promote more sustainable flight.
  • September 2023: A consortium led by Honeywell International recently launched a European Clean Aviation project that will develop a new generation of hydrogen fuel cells for the aviation industry.
  • June 2023: A team of MIT engineers have unveiled the creation of a 1-megawatt motor that could be an important step toward electrifying larger airplanes.
  • June 2023: The Pentagon awarded a contract worth over USD 2 billion for the upcoming batch of F-35 engines to Pratt & Whitney.
  • May 2023: Alaska Airlines demonstrated a Bombardier Q400 regional turbojet that is equipped with a hydrogen-electric propulsion system at ZeroAvia to expand the reach and applicability of its zero-emissions flight technology.
  • April 2023: Airbus announced plans to develop a zero-emission aircraft called the ZEROe, which is targeted to enter service by 2035.
  • March 2023: Rolls-Royce launched a new hybrid-electric propulsion system for small aircraft, aiming to improve efficiency and reduce emissions.

Comprehensive Coverage More Electric Aircraft Market Report

This comprehensive More Electric Aircraft Market report provides an in-depth analysis of the global market. It includes detailed market segmentation, competitive landscape, industry trends, key driving forces, and future market projections. The report offers insights into the latest developments, challenges, and opportunities in the electric aircraft market.

Regional Insight

More Electric Aircraft Market Regional Share

The report provides a regional analysis of the more electric aircraft market, covering major markets such as North America, Europe, Asia-Pacific, and the Rest of the World. The analysis includes market size, growth rate, and competitive landscape for each region.

More Electric Aircraft Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 11.37% from 2018-2032
Segmentation
    • By Platform
      • Commercial Aircraft (Narrow Body
      • Wide Body
      • Regional Jet
    • By System
      • Aircraft Configuration
      • Management System
      • Flight Control
      • Mission Management System
      • Air Pressurization
      • Conditioning System
      • Power Generation
      • Management System
      • Others
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Replacement of Conventional Aircraft with Sustainable Aircraft to Boost Market Expansion
      • 3.3. Market Restrains
        • 3.3.1. Stringent Regulations and High Costs Restrain Market Growth
      • 3.4. Market Trends
        • 3.4.1. Growing Advancements and Integration of Emerging Technology with More Electric Aircraft to Bolster Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global More Electric Aircraft Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Platform
      • 5.1.1. Commercial Aircraft (Narrow Body
      • 5.1.2. Wide Body
      • 5.1.3. Regional Jet
    • 5.2. Market Analysis, Insights and Forecast - by System
      • 5.2.1. Aircraft Configuration
      • 5.2.2. Management System
      • 5.2.3. Flight Control
      • 5.2.4. Mission Management System
      • 5.2.5. Air Pressurization
      • 5.2.6. Conditioning System
      • 5.2.7. Power Generation
      • 5.2.8. Management System
      • 5.2.9. Others
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1.
  6. 6. North America More Electric Aircraft Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Platform
        • 6.1.1 Commercial Aircraft (Narrow Body
        • 6.1.2 Wide Body
        • 6.1.3 and Regional Jet
      • 6.2. Market Analysis, Insights and Forecast - By System
        • 6.2.1 Aircraft Configuration and Management System
        • 6.2.2 Flight Control and Mission Management System
        • 6.2.3 Air Pressurization and Conditioning System
        • 6.2.4 Power Generation and Management System
        • 6.2.5 and Others
      • 6.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 6.3.1 United States
        • 6.3.2 Canada
        • 6.3.3 Mexico
  7. 7. South America More Electric Aircraft Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Platform
        • 7.1.1 Commercial Aircraft (Narrow Body
        • 7.1.2 Wide Body
        • 7.1.3 and Regional Jet
      • 7.2. Market Analysis, Insights and Forecast - By System
        • 7.2.1 Aircraft Configuration and Management System
        • 7.2.2 Flight Control and Mission Management System
        • 7.2.3 Air Pressurization and Conditioning System
        • 7.2.4 Power Generation and Management System
        • 7.2.5 and Others
      • 7.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 7.3.1 Brazil
        • 7.3.2 Argentina
        • 7.3.3 Rest of South America
  8. 8. Europe More Electric Aircraft Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Platform
        • 8.1.1 Commercial Aircraft (Narrow Body
        • 8.1.2 Wide Body
        • 8.1.3 and Regional Jet
      • 8.2. Market Analysis, Insights and Forecast - By System
        • 8.2.1 Aircraft Configuration and Management System
        • 8.2.2 Flight Control and Mission Management System
        • 8.2.3 Air Pressurization and Conditioning System
        • 8.2.4 Power Generation and Management System
        • 8.2.5 and Others
      • 8.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 8.3.1 Germany
        • 8.3.2 France
        • 8.3.3 Italy
        • 8.3.4 United Kingdom
        • 8.3.5 Netherlands
        • 8.3.6 Rest of Europe
  9. 9. Asia Pacific More Electric Aircraft Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Platform
        • 9.1.1 Commercial Aircraft (Narrow Body
        • 9.1.2 Wide Body
        • 9.1.3 and Regional Jet
      • 9.2. Market Analysis, Insights and Forecast - By System
        • 9.2.1 Aircraft Configuration and Management System
        • 9.2.2 Flight Control and Mission Management System
        • 9.2.3 Air Pressurization and Conditioning System
        • 9.2.4 Power Generation and Management System
        • 9.2.5 and Others
      • 9.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 9.3.1 China
        • 9.3.2 Japan
        • 9.3.3 India
        • 9.3.4 South Korea
        • 9.3.5 Taiwan
        • 9.3.6 Australia
        • 9.3.7 Rest of Asia-Pacific
  10. 10. MEA More Electric Aircraft Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Platform
        • 10.1.1 Commercial Aircraft (Narrow Body
        • 10.1.2 Wide Body
        • 10.1.3 and Regional Jet
      • 10.2. Market Analysis, Insights and Forecast - By System
        • 10.2.1 Aircraft Configuration and Management System
        • 10.2.2 Flight Control and Mission Management System
        • 10.2.3 Air Pressurization and Conditioning System
        • 10.2.4 Power Generation and Management System
        • 10.2.5 and Others
      • 10.3. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.3.1 Middle East
        • 10.3.2 Africa
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Thales Group (France)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 BAE Systems PLC (U.K.)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Bombardier Inc.(Canada)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Elbit Systems Ltd. (Israel)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 GE Aviation (U.S.)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Safran Sa (France)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Lockheed Martin Corporation (U.S.)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Airbus (Netherlands)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 The Boeing Company (U.S.)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 AMETEK Inc. (U.S.)
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
        • 11.2.11 Honeywell International Inc. (U.S.)
          • 11.2.11.1. Overview
          • 11.2.11.2. Products
          • 11.2.11.3. SWOT Analysis
          • 11.2.11.4. Recent Developments
          • 11.2.11.5. Financials (Based on Availability)
        • 11.2.12 Raytheon Technologies Corporation (U.S.)
          • 11.2.12.1. Overview
          • 11.2.12.2. Products
          • 11.2.12.3. SWOT Analysis
          • 11.2.12.4. Recent Developments
          • 11.2.12.5. Financials (Based on Availability)
        • 11.2.13 Rolls-Royce Holdings PLC (U.K.)
          • 11.2.13.1. Overview
          • 11.2.13.2. Products
          • 11.2.13.3. SWOT Analysis
          • 11.2.13.4. Recent Developments
          • 11.2.13.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global More Electric Aircraft Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global More Electric Aircraft Market Volume Breakdown (K Units, %) by Region 2023 & 2031
  3. Figure 3: Global More Electric Aircraft Market Revenue (USD Billion), by Platform 2023 & 2031
  4. Figure 4: Global More Electric Aircraft Market Volume (K Units), by Platform 2023 & 2031
  5. Figure 5: Global More Electric Aircraft Market Revenue Share (%), by Platform 2023 & 2031
  6. Figure 6: Global More Electric Aircraft Market Volume Share (%), by Platform 2023 & 2031
  7. Figure 7: Global More Electric Aircraft Market Forecast (USD Billion), by Commercial Aircraft (Narrow Body 2020 & 2031
  8. Figure 8: Global More Electric Aircraft Market Forecast (K Units), by Commercial Aircraft (Narrow Body 2020 & 2031
  9. Figure 9: Global More Electric Aircraft Market Forecast (USD Billion), by Wide Body 2020 & 2031
  10. Figure 10: Global More Electric Aircraft Market Forecast (K Units), by Wide Body 2020 & 2031
  11. Figure 11: Global More Electric Aircraft Market Forecast (USD Billion), by Regional Jet 2020 & 2031
  12. Figure 12: Global More Electric Aircraft Market Forecast (K Units), by Regional Jet 2020 & 2031
  13. Figure 13: Global More Electric Aircraft Market Revenue (USD Billion), by System 2023 & 2031
  14. Figure 14: Global More Electric Aircraft Market Volume (K Units), by System 2023 & 2031
  15. Figure 15: Global More Electric Aircraft Market Revenue Share (%), by System 2023 & 2031
  16. Figure 16: Global More Electric Aircraft Market Volume Share (%), by System 2023 & 2031
  17. Figure 17: Global More Electric Aircraft Market Forecast (USD Billion), by Aircraft Configuration 2020 & 2031
  18. Figure 18: Global More Electric Aircraft Market Forecast (K Units), by Aircraft Configuration 2020 & 2031
  19. Figure 19: Global More Electric Aircraft Market Forecast (USD Billion), by Management System 2020 & 2031
  20. Figure 20: Global More Electric Aircraft Market Forecast (K Units), by Management System 2020 & 2031
  21. Figure 21: Global More Electric Aircraft Market Forecast (USD Billion), by Flight Control 2020 & 2031
  22. Figure 22: Global More Electric Aircraft Market Forecast (K Units), by Flight Control 2020 & 2031
  23. Figure 23: Global More Electric Aircraft Market Forecast (USD Billion), by Mission Management System 2020 & 2031
  24. Figure 24: Global More Electric Aircraft Market Forecast (K Units), by Mission Management System 2020 & 2031
  25. Figure 25: Global More Electric Aircraft Market Forecast (USD Billion), by Air Pressurization 2020 & 2031
  26. Figure 26: Global More Electric Aircraft Market Forecast (K Units), by Air Pressurization 2020 & 2031
  27. Figure 27: Global More Electric Aircraft Market Forecast (USD Billion), by Conditioning System 2020 & 2031
  28. Figure 28: Global More Electric Aircraft Market Forecast (K Units), by Conditioning System 2020 & 2031
  29. Figure 29: Global More Electric Aircraft Market Forecast (USD Billion), by Power Generation 2020 & 2031
  30. Figure 30: Global More Electric Aircraft Market Forecast (K Units), by Power Generation 2020 & 2031
  31. Figure 31: Global More Electric Aircraft Market Forecast (USD Billion), by Management System 2020 & 2031
  32. Figure 32: Global More Electric Aircraft Market Forecast (K Units), by Management System 2020 & 2031
  33. Figure 33: Global More Electric Aircraft Market Forecast (USD Billion), by Others 2020 & 2031
  34. Figure 34: Global More Electric Aircraft Market Forecast (K Units), by Others 2020 & 2031
  35. Figure 35: Global More Electric Aircraft Market Revenue (USD Billion), by Region 2023 & 2031
  36. Figure 36: Global More Electric Aircraft Market Volume (K Units), by Region 2023 & 2031
  37. Figure 37: Global More Electric Aircraft Market Revenue Share (%), by Region 2023 & 2031
  38. Figure 38: Global More Electric Aircraft Market Volume Share (%), by Region 2023 & 2031
  39. Figure 39: North America More Electric Aircraft Market Revenue (USD Billion), by Platform 2023 & 2031
  40. Figure 40: North America More Electric Aircraft Market Volume (K Units), by Platform 2023 & 2031
  41. Figure 41: North America More Electric Aircraft Market Revenue Share (%), by Platform 2023 & 2031
  42. Figure 42: North America More Electric Aircraft Market Volume Share (%), by Platform 2023 & 2031
  43. Figure 43: North America More Electric Aircraft Market Revenue (USD Billion), by System 2023 & 2031
  44. Figure 44: North America More Electric Aircraft Market Volume (K Units), by System 2023 & 2031
  45. Figure 45: North America More Electric Aircraft Market Revenue Share (%), by System 2023 & 2031
  46. Figure 46: North America More Electric Aircraft Market Volume Share (%), by System 2023 & 2031
  47. Figure 47: North America More Electric Aircraft Market Revenue (USD Billion), by Country 2023 & 2031
  48. Figure 48: North America More Electric Aircraft Market Volume (K Units), by Country 2023 & 2031
  49. Figure 49: North America More Electric Aircraft Market Revenue Share (%), by Country 2023 & 2031
  50. Figure 50: North America More Electric Aircraft Market Volume Share (%), by Country 2023 & 2031
  51. Figure 51: South America More Electric Aircraft Market Revenue (USD Billion), by Platform 2023 & 2031
  52. Figure 52: South America More Electric Aircraft Market Volume (K Units), by Platform 2023 & 2031
  53. Figure 53: South America More Electric Aircraft Market Revenue Share (%), by Platform 2023 & 2031
  54. Figure 54: South America More Electric Aircraft Market Volume Share (%), by Platform 2023 & 2031
  55. Figure 55: South America More Electric Aircraft Market Revenue (USD Billion), by System 2023 & 2031
  56. Figure 56: South America More Electric Aircraft Market Volume (K Units), by System 2023 & 2031
  57. Figure 57: South America More Electric Aircraft Market Revenue Share (%), by System 2023 & 2031
  58. Figure 58: South America More Electric Aircraft Market Volume Share (%), by System 2023 & 2031
  59. Figure 59: South America More Electric Aircraft Market Revenue (USD Billion), by Country 2023 & 2031
  60. Figure 60: South America More Electric Aircraft Market Volume (K Units), by Country 2023 & 2031
  61. Figure 61: South America More Electric Aircraft Market Revenue Share (%), by Country 2023 & 2031
  62. Figure 62: South America More Electric Aircraft Market Volume Share (%), by Country 2023 & 2031
  63. Figure 63: Europe More Electric Aircraft Market Revenue (USD Billion), by Platform 2023 & 2031
  64. Figure 64: Europe More Electric Aircraft Market Volume (K Units), by Platform 2023 & 2031
  65. Figure 65: Europe More Electric Aircraft Market Revenue Share (%), by Platform 2023 & 2031
  66. Figure 66: Europe More Electric Aircraft Market Volume Share (%), by Platform 2023 & 2031
  67. Figure 67: Europe More Electric Aircraft Market Revenue (USD Billion), by System 2023 & 2031
  68. Figure 68: Europe More Electric Aircraft Market Volume (K Units), by System 2023 & 2031
  69. Figure 69: Europe More Electric Aircraft Market Revenue Share (%), by System 2023 & 2031
  70. Figure 70: Europe More Electric Aircraft Market Volume Share (%), by System 2023 & 2031
  71. Figure 71: Europe More Electric Aircraft Market Revenue (USD Billion), by Country 2023 & 2031
  72. Figure 72: Europe More Electric Aircraft Market Volume (K Units), by Country 2023 & 2031
  73. Figure 73: Europe More Electric Aircraft Market Revenue Share (%), by Country 2023 & 2031
  74. Figure 74: Europe More Electric Aircraft Market Volume Share (%), by Country 2023 & 2031
  75. Figure 75: Asia Pacific More Electric Aircraft Market Revenue (USD Billion), by Platform 2023 & 2031
  76. Figure 76: Asia Pacific More Electric Aircraft Market Volume (K Units), by Platform 2023 & 2031
  77. Figure 77: Asia Pacific More Electric Aircraft Market Revenue Share (%), by Platform 2023 & 2031
  78. Figure 78: Asia Pacific More Electric Aircraft Market Volume Share (%), by Platform 2023 & 2031
  79. Figure 79: Asia Pacific More Electric Aircraft Market Revenue (USD Billion), by System 2023 & 2031
  80. Figure 80: Asia Pacific More Electric Aircraft Market Volume (K Units), by System 2023 & 2031
  81. Figure 81: Asia Pacific More Electric Aircraft Market Revenue Share (%), by System 2023 & 2031
  82. Figure 82: Asia Pacific More Electric Aircraft Market Volume Share (%), by System 2023 & 2031
  83. Figure 83: Asia Pacific More Electric Aircraft Market Revenue (USD Billion), by Country 2023 & 2031
  84. Figure 84: Asia Pacific More Electric Aircraft Market Volume (K Units), by Country 2023 & 2031
  85. Figure 85: Asia Pacific More Electric Aircraft Market Revenue Share (%), by Country 2023 & 2031
  86. Figure 86: Asia Pacific More Electric Aircraft Market Volume Share (%), by Country 2023 & 2031
  87. Figure 87: MEA More Electric Aircraft Market Revenue (USD Billion), by Platform 2023 & 2031
  88. Figure 88: MEA More Electric Aircraft Market Volume (K Units), by Platform 2023 & 2031
  89. Figure 89: MEA More Electric Aircraft Market Revenue Share (%), by Platform 2023 & 2031
  90. Figure 90: MEA More Electric Aircraft Market Volume Share (%), by Platform 2023 & 2031
  91. Figure 91: MEA More Electric Aircraft Market Revenue (USD Billion), by System 2023 & 2031
  92. Figure 92: MEA More Electric Aircraft Market Volume (K Units), by System 2023 & 2031
  93. Figure 93: MEA More Electric Aircraft Market Revenue Share (%), by System 2023 & 2031
  94. Figure 94: MEA More Electric Aircraft Market Volume Share (%), by System 2023 & 2031
  95. Figure 95: MEA More Electric Aircraft Market Revenue (USD Billion), by Country 2023 & 2031
  96. Figure 96: MEA More Electric Aircraft Market Volume (K Units), by Country 2023 & 2031
  97. Figure 97: MEA More Electric Aircraft Market Revenue Share (%), by Country 2023 & 2031
  98. Figure 98: MEA More Electric Aircraft Market Volume Share (%), by Country 2023 & 2031
  99. Figure 99: More Electric Aircraft Market Revenue (USD Billion), by Platform 2023 & 2031
  100. Figure 100: More Electric Aircraft Market Volume (K Units), by Platform 2023 & 2031
  101. Figure 101: More Electric Aircraft Market Revenue Share (%), by Platform 2023 & 2031
  102. Figure 102: More Electric Aircraft Market Volume Share (%), by Platform 2023 & 2031
  103. Figure 103: More Electric Aircraft Market Revenue (USD Billion), by System 2023 & 2031
  104. Figure 104: More Electric Aircraft Market Volume (K Units), by System 2023 & 2031
  105. Figure 105: More Electric Aircraft Market Revenue Share (%), by System 2023 & 2031
  106. Figure 106: More Electric Aircraft Market Volume Share (%), by System 2023 & 2031
  107. Figure 107: More Electric Aircraft Market Revenue (USD Billion), by Country 2023 & 2031
  108. Figure 108: More Electric Aircraft Market Volume (K Units), by Country 2023 & 2031
  109. Figure 109: More Electric Aircraft Market Revenue Share (%), by Country 2023 & 2031
  110. Figure 110: More Electric Aircraft Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  2. Table 2: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  3. Table 3: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  4. Table 4: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  5. Table 5: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Region 2018 & 2031
  6. Table 6: Global More Electric Aircraft Market Volume K Units Forecast, by Region 2018 & 2031
  7. Table 7: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  8. Table 8: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  9. Table 9: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  10. Table 10: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  11. Table 11: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Region 2018 & 2031
  12. Table 12: Global More Electric Aircraft Market Volume K Units Forecast, by Region 2018 & 2031
  13. Table 13: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  14. Table 14: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  15. Table 15: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  16. Table 16: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  17. Table 17: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Country 2018 & 2031
  18. Table 18: Global More Electric Aircraft Market Volume K Units Forecast, by Country 2018 & 2031
  19. Table 19: United States More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  20. Table 20: United States More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  21. Table 21: Canada More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  22. Table 22: Canada More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  23. Table 23: Mexico More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  24. Table 24: Mexico More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  25. Table 25: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  26. Table 26: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  27. Table 27: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  28. Table 28: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  29. Table 29: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Country 2018 & 2031
  30. Table 30: Global More Electric Aircraft Market Volume K Units Forecast, by Country 2018 & 2031
  31. Table 31: Brazil More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  32. Table 32: Brazil More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  33. Table 33: Argentina More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  34. Table 34: Argentina More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  35. Table 35: Rest of South America More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  36. Table 36: Rest of South America More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  37. Table 37: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  38. Table 38: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  39. Table 39: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  40. Table 40: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  41. Table 41: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Country 2018 & 2031
  42. Table 42: Global More Electric Aircraft Market Volume K Units Forecast, by Country 2018 & 2031
  43. Table 43: Germany More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  44. Table 44: Germany More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  45. Table 45: France More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  46. Table 46: France More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  47. Table 47: Italy More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  48. Table 48: Italy More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  49. Table 49: United Kingdom More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  50. Table 50: United Kingdom More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  51. Table 51: Netherlands More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  52. Table 52: Netherlands More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  53. Table 53: Rest of Europe More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  54. Table 54: Rest of Europe More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  55. Table 55: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  56. Table 56: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  57. Table 57: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  58. Table 58: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  59. Table 59: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Country 2018 & 2031
  60. Table 60: Global More Electric Aircraft Market Volume K Units Forecast, by Country 2018 & 2031
  61. Table 61: China More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: China More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  63. Table 63: Japan More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: Japan More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  65. Table 65: India More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  66. Table 66: India More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  67. Table 67: South Korea More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  68. Table 68: South Korea More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  69. Table 69: Taiwan More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  70. Table 70: Taiwan More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  71. Table 71: Australia More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  72. Table 72: Australia More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  73. Table 73: Rest of Asia-Pacific More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  74. Table 74: Rest of Asia-Pacific More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  75. Table 75: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  76. Table 76: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  77. Table 77: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  78. Table 78: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  79. Table 79: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Country 2018 & 2031
  80. Table 80: Global More Electric Aircraft Market Volume K Units Forecast, by Country 2018 & 2031
  81. Table 81: Middle East More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Middle East More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  83. Table 83: Africa More Electric Aircraft Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  84. Table 84: Africa More Electric Aircraft Market Volume (K Units) Forecast, by Application 2018 & 2031
  85. Table 85: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Platform 2018 & 2031
  86. Table 86: Global More Electric Aircraft Market Volume K Units Forecast, by Platform 2018 & 2031
  87. Table 87: Global More Electric Aircraft Market Revenue USD Billion Forecast, by System 2018 & 2031
  88. Table 88: Global More Electric Aircraft Market Volume K Units Forecast, by System 2018 & 2031
  89. Table 89: Global More Electric Aircraft Market Revenue USD Billion Forecast, by Country 2018 & 2031
  90. Table 90: Global More Electric Aircraft Market Volume K Units Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 11.37% from 2018-2032
Segmentation
    • By Platform
      • Commercial Aircraft (Narrow Body
      • Wide Body
      • Regional Jet
    • By System
      • Aircraft Configuration
      • Management System
      • Flight Control
      • Mission Management System
      • Air Pressurization
      • Conditioning System
      • Power Generation
      • Management System
      • Others
  • By Geography

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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