More Electric Aircraft Market Size, Share, and Growth Analysis, By Aircraft System (Propulsion Systems, Airframe Systems), By Application (Power Generation, Power Distribution), By Aircraft Type, By Region -Industry Forecast 2026-2033

Global More Electric Aircraft Market size was valued at USD 5.12 Billion in 2024 and is poised to grow from USD 5.7 Billion in 2025 to USD 13.53 Billion by 2033, growing at a CAGR of 11.4% during the forecast period (2026-2033).

The demand for electric aircraft is rising as industries like tourism, logistics, and defense seek more efficient transportation solutions, driven by the high maintenance and operational costs associated with traditional aircraft. The More Electric Aircraft (MEA) approach maximizes electrical energy usage in onboard systems, offering advantages over conventional planes, such as reduced weight and lower environmental impact. The aviation sector is increasingly adopting this trend to address challenges posed by fossil fuel-powered aircraft, ensuring compliance with global aviation regulations. By replacing hydraulic and pneumatic systems with electric alternatives, these aircraft are not only cutting down on assembly and maintenance costs but also minimizing fuel consumption and greenhouse gas emissions, positioning the global more electric aircraft market for significant growth fueled by enhanced performance and a demand for sustainable aviation.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global More Electric Aircraft market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global More Electric Aircraft Market Segments Analysis

Global More Electric Aircraft Market is segmented by Aircraft Type, Platform, System, Aircraft System, Application, End-user and region. Based on Aircraft Type, the market is segmented into Fixed Wing and Rotary Wing. Based on Platform, the market is segmented into Commercial Aircraft and Military Aircraft. Based on System, the market is segmented into Aircraft Configuration and Management System, Flight Control and Mission Management System, Air Pressurization and Conditioning System, Power Generation and Management System and Others. Based on Aircraft System, the market is segmented into Propulsion System and Airframe System. Based on Application, the market is segmented into Power Generation, Power Distribution, Power Conversion and Energy Storage. Based on End-user, the market is segmented into Civil and Military. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global More Electric Aircraft Market

One key market driver for the Global More Electric Aircraft Market is the growing emphasis on sustainability and the reduction of carbon emissions in the aviation sector. As regulatory bodies and consumers increasingly prioritize environmental responsibility, aircraft manufacturers are compelled to innovate and adopt more electric systems. These systems enable greater fuel efficiency, lower operational costs, and reduced noise pollution compared to conventional engines. The shift towards electrification aligns with global initiatives to combat climate change, driving investment in advanced technologies such as electric propulsion, battery systems, and hybrid solutions, ultimately enhancing the appeal of more electric aircraft in the aerospace industry.

Restraints in the Global More Electric Aircraft Market

One significant market restraint for the Global More Electric Aircraft Market is the high cost of development and integration of advanced electric systems into existing aircraft platforms. The transition from conventional to more electric designs entails substantial investment in research and development, as well as the need for specialized engineering and maintenance expertise. Additionally, regulatory barriers and safety certification processes can complicate and prolong market entry for new technologies, deterring manufacturers from adopting more electric architectures. These financial and technical challenges may slow the pace of innovation and limit the widespread adoption of more electric aircraft solutions in the aviation industry.

Market Trends of the Global More Electric Aircraft Market

A significant trend shaping the global more electric aircraft market is the increasing adoption of hybrid-electric propulsion systems, which combine conventional jet engines with electric motors. This innovative approach optimizes performance by leveraging the advantages of both technologies-merging the efficiency and range of traditional engines with the reduced emissions and operational costs associated with electric motors. As this hybrid model evolves, it enables greater operational flexibility and efficiency for long-distance flights, ultimately paving the way for a gradual transition towards fully electric aircraft. The shift not only addresses environmental concerns but also enhances the overall economic viability of air travel.