Market Research Report
More Electric Aircraft Market by Aircraft System, Application, and Aircraft Type, and End User : Global Opportunity Analysis and Industry Forecast, 2020-2027
|More Electric Aircraft Market by Aircraft System, Application, and Aircraft Type, and End User : Global Opportunity Analysis and Industry Forecast, 2020-2027|
Published: April 1, 2021
Allied Market Research
Content info: 306 Pages
Delivery time: 2-3 business days
More electric aircraft (MEA) is a concept of maximizing the use of electrical power in the onboard functions of an aircraft. The researches and trials being conducted on the application of more electric aircraft technology have led to the inference that more electric aircraft technology can offer multiple advantages for an aircraft namely weight reduction and lower environmental impact.
Enhanced aircraft performance and increase in demand for environment-friendly aircraft are expected to drive the global more electric aircraft market growth during the forecast period. However, high capital requirements and reliability of aircraft electrical systems are anticipated to hamper the growth of the market during the forecast period. Moreover, advancements in battery solutions and electronic components and the development of alternative power sources are expected to offer lucrative opportunities for the market in the future.
The more electric aircraft market is segmented on the basis of aircraft systems, application, aircraft type, end user, and region. Based on the aircraft system, it is further divided into the propulsion system and airframe system. Depending on the application, it is fragmented into power generation, power distribution, power conversion, and energy storage. Based on aircraft type, the market is classified into fixed-wing and rotary-wing. Based on end user, the market is distributed into civil and military. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Aircraft System
By Aircraft Type