Aircraft Electric Motors Market Introduction and Overview
According to SPER Market Research, the Global Aircraft Electric Motors Market is estimated to reach USD 22.38 billion by 2033 with a CAGR of 9.62%.
The report includes an in-depth analysis of the Global Aircraft Electric Motors Market, including market size and trends, product mix, distribution channels, and supplier analysis. Electric motors for aircraft are specialised motors created for use in aviation systems. They are an essential part of the propulsion, control surfaces, landing gear, and auxiliary power units of an aircraft. These motors typically operate with dependability in the demanding aerospace environment because they are lightweight, small, and efficient. Depending on the needs and design of the aircraft, different energy sources, such as electric batteries or on-board generators, can be used to power the electric motors. They are essential for improving the effectiveness, safety, and general performance of aircraft systems.
- Increasing aircraft electrification: An important factor driving the market for aircraft electric motors is the growing trend towards aircraft electrification, which is motivated by the need for increased fuel efficiency and lower emissions. Electric motor demand is rising as more systems switch from conventional mechanical and hydraulic to electrical power.
- High voltage and thermal issues of aircraft electrical systems: When transmitting a large amount of electricity from batteries or generators to electric motors, aircraft use high voltages. Due to high-power density batteries and motors, the operating voltage rises during flight. Significant heat is produced as a result from a variety of sources, including electric motors, batteries, power electronics, and cabling. To avoid overheating and guarantee the best performance and safety of the aircraft, it is essential to implement an efficient cooling system.
Market Opportunities and Challenges
- Increasing Demand for Electric Aircraft: -A growing demand for electric aircraft has resulted from the emphasis on sustainability and environmental issues, creating significant opportunities for aircraft electric motors. These motors are crucial to the growth and development of the electric aviation industry because they are crucial parts of electric propulsion systems.
- Advancements in Electric Motor Technologies: The market for aircraft electric motors is able to benefit from ongoing improvements in electric motor technologies, such as increases in power density, efficiency, and reliability. These developments make it possible to create electric motors for aircraft applications that are more effective and capable.
- Limited Energy Storage and Range: Electric aircraft face limitations in terms of energy storage and range compared to traditional fuel-powered aircraft. These limitations may hinder the widespread adoption of electric propulsion systems and subsequently impact the demand for aircraft electric motors. The constrained energy storage capacity of electric aircraft poses challenges in achieving long-range flights and may require advancements in battery technology.
Market Competitive Landscape
There are several significant players present in the aircraft electric motors market, which defines its competitive landscape. Market participants include Rolls-Royce PLC (UK), Altra Industrial Motion Corporation (US), Meggitt PLC (UK), Woodward, Inc. (US), Moog Inc. (US).These competitors compete on the basis of elements like new product development, technological advancements, pricing policies, and market penetration. For a competitive advantage, they also work to forge strategic alliances, alliances, and acquisitions.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Output Power, By Torque, By Power Density, By Aircraft Type, By End Use, By Application
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Altra Industrial Motion Corporation (US), Meggitt PLC (UK), Moog Inc. (US), Rolls-Royce PLC (UK), Woodward, Inc. (US) |
COVID-19 Impact on Global Aircraft Electric Motors Market
The COVID-19 pandemic has had a significant effect on the global market for aircraft electric motors. The outbreak has severely reduced demand for air travel and reduced aircraft production in the aviation sector. The demand for aircraft electric motors has been impacted as a result of the decreased need for new aircraft and the retrofitting of existing aircraft. COVID-19 also resulting in reduced capital expenditure and a focus on cost-saving measures. As a result, there have been fewer investments made in modernising and upgrading aircraft, which has had an effect on the demand for aircraft electric motors.
Key Target Audience
- Aircraft Manufacturers
- Component Suppliers
- Aviation Authorities and Regulatory Bodies
- Airlines and Operators
- Others
Our in-depth analysis of the Aircraft Electric Motors Market includes the following segments:
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By Type:
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AC Motors
DC Motors
Others
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By Output Power:
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10-200KW
Above 200KW
Up to 10KW
Others
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By Torque:
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1-50Nm
50-200Nm
Above 200Nm
Up to 1Nm
Others
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By Power Density:
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5–10 kW/kg
Above 10 kW/kg
Up to 5 kW/kg
Others
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By Aircraft Type:
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Advanced Air Mobility
Fixed Wing
Rotary Wing
Unmanned Aerial Vehicles
Others
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Key Topics Covered in the Report
- Global Aircraft Electric Motors Market Size (FY’2023-FY’2033)
- Overview of Global Aircraft Electric Motors Market
- Segmentation of Global Aircraft Electric Motors Market By Type (AC Motors, DC Motors)
- Segmentation of Global Aircraft Electric Motors Market By Output Power (10-200KW, Above 200KW, Up to 10KW)
- Segmentation of Global Aircraft Electric Motors Market By Torque (1-50Nm, 50-200Nm, Above 200Nm, Up to 1Nm)
- Segmentation of Global Aircraft Electric Motors Market By Power Density (5–10 kW/kg, Above 10 kW/kg, Up to 5 kW/kg)
- Segmentation of Global Aircraft Electric Motors Market By Aircraft Type (Advanced Air Mobility, Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles)
- Segmentation of Global Aircraft Electric Motors Market By End Use (Aftermarket, OEM)
- Segmentation of Global Aircraft Electric Motors Market By Application (Avionics Systems, Cabin Interior Systems, Door Actuation Systems, Engine Control Systems, Environmental Control Systems, Flight Control Systems, Landing and Braking Systems, Propulsion Systems)
- Statistical Snap of Global Aircraft Electric Motors Market
- Expansion Analysis of Global Aircraft Electric Motors Market
- Problems and Obstacles in Global Aircraft Electric Motors Market
- Competitive Landscape in the Global Aircraft Electric Motors Market
- Impact of COVID-19 and Demonetization on Global Aircraft Electric Motors Market
- Details on Current Investment in Global Aircraft Electric Motors Market
- Competitive Analysis of Global Aircraft Electric Motors Market
- Prominent Players in the Global Aircraft Electric Motors Market
- SWOT Analysis of Global Aircraft Electric Motors Market
- Global Aircraft Electric Motors Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analys
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Aircraft Electric Motors Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Aircraft Electric Motors Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aircraft Electric Motors Market
7. Global Aircraft Electric Motors Market, By Type (USD Million)
7.1. Global Aircraft Electric Motors Market Value Share and Forecast, By Type, 2023-2033
7.2. AC Motors
7.3. DC Motors
7.4. Others
8. Global Aircraft Electric Motors Market, By Output Power (USD Million)
8.1. Global Aircraft Electric Motors Market Value Share and Forecast, By Output Power, 2023-2033
8.2. 10-200KW
8.3. Above 200KW
8.4. Up to 10KW
8.5. Others
9. Global Aircraft Electric Motors Market, By Torque (USD Million)
9.1. Global Aircraft Electric Motors Market Value Share and Forecast, By Torque, 2023-2033
9.2. 1-50Nm
9.3. 50-200Nm
9.4. Above 200Nm
9.5. Up to 1Nm
9.6. Others
10. Global Aircraft Electric Motors Market, By Power Density (USD Million)
10.1. Global Aircraft Electric Motors Market Value Share and Forecast, ByPower Density, 2023-2033
10.2. 5–10 kW/kg
10.3. Above 10 kW/kg
10.4. Up to 5 kW/kg
10.5. Others
11. Global Aircraft Electric Motors Market, By Aircraft Type (USD Million)
11.1. Global Aircraft Electric Motors Market Value Share and Forecast, By Aircraft Type, 2023-2033
11.2. Advanced Air Mobility
11.3. Fixed Wing
11.4. Rotary Wing
11.5. Unmanned Aerial Vehicles
11.6. Others
12. Global Aircraft Electric Motors Market, By End Use (USD Million)
12.1. Global Aircraft Electric Motors Market Value Share and Forecast, By End Use, 2023-2033
12.2. Aftermarket
12.3. OEM
12.4. Others
13. Global Aircraft Electric Motors Market, By Application (USD Million)
13.1. Global Aircraft Electric Motors Market Value Share and Forecast, By Application, 2023-2033
13.2. Avionics Systems
13.3. Cabin Interior Systems
13.4. Door Actuation Systems
13.5. Engine Control Systems
13.6. Environmental Control Systems
13.7. Flight Control Systems
13.8. Landing and Braking Systems
13.9. Propulsion Systems
13.10. Others
14. Global Aircraft Electric Motors Market Forecast, 2019-2033 (USD Million)
14.1. Global Aircraft Electric Motors Market Size and Market Share
15. Global Aircraft Electric Motors Market, By Type, 2019-2033 (USD Million)
15.1. Global Aircraft Electric Motors Market Size and Market Share By Type (2019-2026)
15.2. Global Aircraft Electric Motors Market Size and Market Share By Type(2027-2033)
16. Global Aircraft Electric Motors Market, By Output Power, 2019-2033 (USD Million)
16.1. Global Aircraft Electric Motors Market Size and Market Share By Output Power (2019-2026)
16.2. Global Aircraft Electric Motors Market Size and Market Share By Output Power(2027-2033)
17. Global Aircraft Electric Motors Market, By Torque, 2019-2033 (USD Million)
17.1. Global Aircraft Electric Motors Market Size and Market Share By Torque Power (2019-2026)
Global Aircraft Electric Motors Market Size and Market Share By Torque (2027-2033)
18. Global Aircraft Electric Motors Market, By Power Density, 2019-2033 (USD Million)
18.1. Global Aircraft Electric Motors Market Size and Market Share By Power Density (2019-2026)
Global Aircraft Electric Motors Market Size and Market Share By Power Density (2027-2033)
19. Global Aircraft Electric Motors Market, By Aircraft Type, 2019-2033 (USD Million)
19.1. Global Aircraft Electric Motors Market Size and Market Share By Aircraft Type (2019-2026)
Global Aircraft Electric Motors Market Size and Market Share By Aircraft Type (2027-2033)
20. Global Aircraft Electric Motors Market, By End Use, 2019-2033 (USD Million)
20.1. Global Aircraft Electric Motors Market Size and Market Share By End Use (2019-2026)
Global Aircraft Electric Motors Market Size and Market Share By End Use (2027-2033)
21. Global Aircraft Electric Motors Market, By Application, 2019-2033 (USD Million)
21.1. Global Aircraft Electric Motors Market Size and Market Share By Application (2019-2026)
21.2. Global Aircraft Electric Motors Market Size and Market Share By Application (2027-2033)
22. Global Aircraft Electric Motors Market, By Region, 2019-2033 (USD Million)
22.1. Global Aircraft Electric Motors Market Size and Market Share By Region (2019-2026)
22.2. Global Aircraft Electric Motors Market Size and Market Share By Region (2027-2033)
22.3. Asia-Pacific
22.3.1. Australia
22.3.2. China
22.3.3. India
22.3.4. Japan
22.3.5. South Korea
22.3.6. Rest of Asia-Pacific
22.4. Europe
22.4.1. France
22.4.2. Germany
22.4.3. Italy
22.4.4. Spain
22.4.5. United Kingdom
22.4.6. Rest of Europe
22.5. Middle East and Africa
22.5.1. Kingdom of Saudi Arabia
22.5.2. United Arab Emirates
22.5.3. Rest of Middle East & Africa
22.6. North America
22.6.1. Canada
22.6.2. Mexico
22.6.3. United States
22.7. Latin America
22.7.1. Argentina
22.7.2. Brazil
22.7.3. Rest of Latin America
23. Company Profile
23.1. Altra Industrial Motion Corporation(US)
23.1.1. Company details
23.1.2. Financial outlook
23.1.3. Product summary
23.1.4. Recent developments
23.2. Meggitt PLC(UK)
23.2.1. Company details
23.2.2. Financial outlook
23.2.3. Product summary
23.2.4. Recent developments
23.3. Moog Inc. (US)
23.3.1. Company details
23.3.2. Financial outlook
23.3.3. Product summary
23.3.4. Recent developments
23.4. Rolls-Royce PLC (UK)
23.4.1. Company details
23.4.2. Financial outlook
23.4.3. Product summary
23.4.4. Recent developments
23.5. Woodward, Inc. (US)
23.5.1. Company details
23.5.2. Financial outlook
23.5.3. Product summary
23.5.4. Recent developments
24. List of Abbreviations
25. Reference Links
26. Conclusion
27. Research Scope