1 / 3

More Electric Aircraft Market by Technology, Application, Platform and Region - Global Forecast to 2021

<br>More Electric Aircraft Market by Technology (Power Electronics, Thermal Management, Energy Storage & Others), Application (Power Generation, Passenger Comfort, Air Pressurization & Others) Platform (Fixed Wing, Rotary Wing), and Region - Global Forecast to 2021

sandeeproy
Download Presentation

More Electric Aircraft Market by Technology, Application, Platform and Region - Global Forecast to 2021

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. More Electric Aircraft Market by Technology, Application, and Region - Global Forecast to 2021 Platform The report "More Electric Aircraft Market by Technology (Power Electronics, Thermal Management, Energy Storage & Others), Application (Power Generation, Passenger Comfort, Air Pressurization & Others) Platform (Fixed Wing, Rotary Wing), and Region - Global Forecast to 2021", published by MarketsandMarkets, the more market is projected to grow from USD 7.68 Billion in 2016 to USD 10.94 Billion by 2021, at a CAGR of 7.33% from 2016 to 2021. Decrease in aircraft operating and maintenance cost, reduction in carbon emission and airport noise, and the need for optimized aircraft performance are the major factors driving the more electric aircraft market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=138024896 The use of electric power in airframe systems saves fuel and helps in cost reduction. The more electric aircraft architecture also helps in reducing maintenance costs as it requires fewer moving or non-moving parts, as compared to the conventional aircraft systems. These factors have led to the manufacturing of aircraft engines and architecture with improved electric components. Power electronics segment projected to lead the more electric aircraft market during the forecast period Based on technology, the power electronics segment is expected to account for the largest market share during the forecast period. The more electric aircraft uses electrical energy instead of hydraulic, pneumatic, and mechanical means to power virtually all its subsystems, including flight control actuation, environmental control system, and utility function. Power electronics help improve both the generator's (mechanical to electric) and actuator's (electric to mechanical) energy conversions and also enable

  2. better energy regeneration. Power electronics also helps in reducing weight, is easier to maintain, and provides more controllability and intelligence which includes fault detection and diagnosis. Power generation management segment expected to grow at the fastest rate during the forecast period Power generation and management plays an important role in the more electric aircraft architecture. With the growing aircraft electrical system power levels, the diversity of the power generation types is increasing as well. Upcoming advanced technologies and increasing application of more electric architecture for different functions by various OEMs in their aircraft are expected to propel the demand for power generation management systems during the forecast period. North America estimated to be the largest market for more electric aircraft North America is estimated to lead the More Electric Aircraft Market, owing to technological advancements in more electric aircraft and presence of key players, such as General Electric Co. (U.S.) and United Technologies Corporation (U.S.) in the region. Economic growth, expansion of commercial & military aviation, and space missions by various space agencies are factors driving the North American more electric aircraft market. Growth of the North American more electric aircraft market in military aviation application can be attributed to the growing military modernization programs, which include increased procurement of spacecraft, manned & unmanned aircraft, and helicopters, among others. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=138024896 Key Market Players General Electric Co. (U.S.), United Technologies Corporation (U.S.), Rolls-Royce Holdings plc. (U.K.), and Honeywell International, Inc. (U.S.), are the key players operating in the more electric aircraft market. A market share analysis has been carried out by tracking all products of key market players, their geographical presence, and recent developments. Don’t miss out on business opportunities in More Electric Aircraft Market. Speak to our analyst and gain crucial industry insights that will help your business grow. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

  3. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: Newsletter@marketsandmarkets.com

More Related