Future Growth Opportunities and Challenges for Aircraft Electric Motors Market (2022-2027)

1. Future Growth Opportunities and Challenges for Aircraft Electric Motors Market(2022-2027) TheAircraftElectricMotorsMarketisprojectedtogrowfromUSD8.2Billionin2022 to USD 12.9 Billion by 2027, at a CAGR of 9.4% from 2022 to 2027. The demand for improved aircraft electric motors onboard new aircraft is boosting the adoption of aircraft electric motors, which reduces weight and decreases operating and maintenance costs for endusers. Key MarketPlayers: Major players operating in the aircraft electricmotors market include Moog Inc. (US), Meggitt PLC(UK), Altra Industrial Corporation Woodward,Inc. Motion (US), (US), Allied Motion Inc. ArkwinIndustries (US), Inc. (US) and Rolls-Royce PLC (UK).Thesecompanies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, Middle East and AsiaPacific. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3248447 BasedonType,ACMotorsareexpectedtodominatemarketshareduringtheforecast period.ThemarketforaircraftelectricmotorshasgrownsignificantlyintheACMotor sector,whichmightbeattributabletoapplicationswithvaryingpowerrequirements. They are employed in hydraulic pump and aircraft fan actuation systems. BasedonOutputPower,theabove200kWisanticipatedtoshowthehighestgrowth rate for aircraft electric motor market. Their optimal applicability for mid-sized aircraft flying short-distance journeys is attributed to the segment's rise. These motors are ideally adapted to power smaller aircraft either as a distributed system on bigger aircraft like the Eviation Alice 9-passenger aircraft or as a standalone system on smaller aircraft. They frequently have higher torque and lower RPM than smallermotors. Based on aircraft type, fixed-wing aircraft is expected to account for the largest marketshareduringtheforecastperiod.Bothinthecommercialandgeneralaviation sectors, the demand for fixed-wing aircraft is anticipated to grow rapidly, necessitating the concurrent usage of aircraft electric motors for cutting-edge aircraft.Secondly,manufacturersaredevelopingadvancedaircraftelectricmotorsto replace the bulky traditional aircraft components. Based on End Use, the OEM segment is projected to lead the aircraft electric motors market during the forecast period. The demand for different types of aircrafthas

2. significantly increased throughout the areas over the years. Electric motors are installed by OEM during the aircraft assembly process and then made accessible for supply to aircraft manufacturers. Consequently, the OEM segment market will be driven. BasedonRegion,NorthAmericaaccountedforthelargestmarketsharein2022,and Asia Pacific is projected to witness the highest CAGR during the forecast period. Existence of key players, OEMs, and component makers are some of the factors anticipatedtodrivetheNorthAmericanaviationelectricmotorsmarket.Additionally, the rising demand for contemporary aircraft for commercial and civic uses is having an impact on market growth in NorthAmerica. News Also Covered: https://www.prnewswire.com/news-releases/aircraft-electric- motors-market-worth-12-9-billion-by-2027---exclusive-report-by- marketsandmarkets-301750621.html AboutMarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth forclients. TheB2Beconomyiswitnessingtheemergenceof$25trillionofnewrevenuestreams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062 USA:1-888-600-6441