Global Aircraft Electric Taxiing System
Market Report
2024
The Global Aircraft Electric Taxiing System market size will expand at a CAGR of 7.20% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Aircraft Electric Taxiing System market size is USD XX billion in 2023 and will expand at a CAGR of 7.20% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Aircraft Electric Taxiing System Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.2% |
North America Aircraft Electric Taxiing System Market Sales Revenue 2023 | $ 0.1 Billion |
North America Aircraft Electric Taxiing System Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6% |
Europe Aircraft Electric Taxiing System Market Sales Revenue 2023 | $ 0.08 Billion |
Europe Aircraft Electric Taxiing System Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.2% |
Asia Pacific Aircraft Electric Taxiing System Market Sales Revenue 2023 | $ 0.06 Billion |
Asia Pacific Aircraft Electric Taxiing System Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9% |
South America Aircraft Electric Taxiing System Market Sales Revenue 2023 | $ 0.01 Billion |
South America Aircraft Electric Taxiing System Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
Middle East and Africa Aircraft Electric Taxiing System Market Sales Revenue 2023 | $ 0.01 Billion |
Middle East and Africa Aircraft Electric Taxiing System Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.1% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Aircraft Electric Taxiing System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The creation and application of cutting-edge technologies that allow aeroplanes to taxi on the ground without utilizing their primary engines are what the aircraft electric taxiing systems market entails. These technologies, which enable autonomous or semi-autonomous taxiing, usually rely on electric motors built into the landing gear. The objectives are reducing fuel consumption, improving operational efficiency, and lessening the environmental effect of ground movements. Electric taxiing systems reduce pollutants and maximize fuel efficiency, benefiting aviation sustainability. The aircraft electric taxiing systems market is essential to promoting sustainable ground operations for both commercial and military aircraft as the aviation industry continues to prioritize environmental concerns and operational efficiency.
Electric taxiing systems provide a sustainable alternative that significantly lowers carbon dioxide, nitrogen oxide, and hydrocarbon emissions by removing the need to idle jet engines while performing ground manoeuvres. This is consistent with the aviation sector's growing dedication to environmental responsibility and sustainability. Electric taxiing systems help the industry achieve its objectives of reducing greenhouse gas emissions and supporting environmentally friendly practices by reducing the impact of ground operations on the environment. This innovation contributes to worldwide efforts to solve climate-related concerns by improving operational efficiency while advancing the general goal of developing a more responsible and environmentally conscious aviation sector.
Compared to conventional jet engines, electric motors—used in electric taxiing systems—run much quieter. Passengers and the surrounding community will benefit from a significant reduction in noise pollution in and around airports as a result of this. The quieter operations improve the quality of life for those living close to the airport by creating a more tranquil environment. This noise reduction promotes good relations between airports and their communities, in line with the aviation industry's commitment to sustainable and responsible operations. Electric taxi technologies help make flying more peaceful and environmentally friendly.
Due to the increasing need for electricity, airport infrastructure must be significantly invested to support the widespread use of electric taxiing systems and offer sufficient charging capacity. This project involves updating electricity distribution infrastructure, charging stations, and related facilities. It is complicated, time-consuming, and expensive. Airports have to deal with issues including grid capacity, integrating with the current infrastructure, and budgetary constraints. Comprehensive adoption of electric taxiing systems throughout the aviation sector needs to be improved by the initial investment and infrastructure development, even with the possible long-term benefits of sustainability and operating efficiency.
The aviation sector faced unprecedented hurdles due to the COVID-19 epidemic, which substantially impacted the market for aircraft electric taxiing systems. Adopting novel technologies was impacted by the postponement or cancellation of aircraft orders due to travel restrictions, reduced aviation traffic, and budgetary restraints. Airlines postponed investing in electric taxiing systems in favour of cost-cutting initiatives. After recovery, though, interest was resurgent in environmentally responsible solutions as the pandemic highlighted the industry's emphasis on sustainability. Due to the aviation industry's dedication to environmental sustainability and the demand for fuel-efficient ground operations in the changing post-pandemic aviation scene, the aircraft electric taxiing systems market is anticipated to gain traction as the aviation sector recovers.
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The major competitors adapt quickly and adopt new tactics to gain a competitive advantage and seize a substantial portion of the market. The main players in the aircraft electric taxiing systems market strongly emphasise growing their innovative product lines to attract a wide customer base and obtain a competitive edge.
Top Companies Market Share in Aircraft Electric Taxiing System Industry: (In no particular order of Rank)
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As per Cognitive Market Research, North America dominated the market in 2023 and accounted for around 40% of the global revenue. The area is seeing a notable increase in the use of electric taxiing systems due to its dedication to sustainability and aviation technology improvements. With a focus on cutting emissions and operating costs, North America is positioned to play a major role in driving the market's growth and innovation.
Europe is the fastest-growing category Wi.th an emphasis on environmentally friendly practices and cutting-edge aviation technology, the area is seeing a significant increase in the use of electric taxiing systems. Europe is a major force in influencing the market environment and promoting advances in more environmentally friendly and productive ground operations. This is largely due to its strict emissions restrictions and dedication to eco-friendly methods.
The current report Scope analyzes Aircraft Electric Taxiing System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Aircraft electric taxiing systems market size was estimated at USD XX Billion, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 0.10 billion in 2023 and will grow at a CAGR of 6.0% from 2023 to 2030. The aircraft electric taxiing systems market is expanding, with North America as a major contributor. The overview highlights the area's strong dedication to aviation innovation and sustainability. In particular, the commercial aviation sector in North America is seeing a sharp increase in the use of electric taxiing systems due to a concerted industry effort to lower operating expenses and carbon footprints. Regional airlines are widely integrating these systems into their fleets due to their growing recognition of the system's economic and environmental advantages. In summary, North America plays a major role in determining the direction of the aircraft electric taxiing systems market, helping to create a more technologically sophisticated and sustainable future for ground operations in the aviation industry.
According to Cognitive Market Research, the global Aircraft electric taxiing systems market size was estimated at USD XX Billion, out of which Europe has a market value of USD 0.08 billion in 2023 and is projected to expand at a CAGR of 6.2% from 2023 to 2030, Europe accounted for the majority of global revenue, accounting for over 30% of the total, Europe is a key player in driving the market for aircraft electric taxiing systems. The region's overview demonstrates a proactive stance towards adopting innovative aviation technologies and a strong commitment to environmental sustainability. The commercial aviation sector in Europe is experiencing a notable surge in the implementation of electric taxiing systems, mostly due to strict environmental restrictions and a shared industry emphasis on emission reduction. European airlines are realizing the long-term advantages of incorporating these systems into their fleets to promote environmental responsibility and operational efficiency. In summary, Europe is emerging as a major force behind the market's trajectory for aircraft electric taxiing systems, promoting an environmentally friendly and technologically sophisticated environment for ground operations in the aviation sector.
According to Cognitive Market Research, the global Aircraft electric taxiing systems market size was estimated at USD XX Billion, out of which Asia Pacific held a considerable market share in 2023, accounting for more than 22% of the global revenue with a market size of USD 0.06 billion in 2023 and will grow at a CAGR of 9.0% from 2023 to 2030. Asia Pacific is becoming a prominent player in the aircraft electric taxiing systems market, thanks to a dynamic overview that highlights the region's expanding aviation industry and growing emphasis on environmentally friendly practices. Specifically, the Asia Pacific commercial aviation market is seeing a sharp increase in the use of electric taxiing systems, indicative of a larger industry commitment to operational effectiveness and environmental responsibility. Regional airlines are adopting these systems widely into their fleets due to their recognition of the systems' benefits to the economy and environment. In summary, Asia Pacific is expected to significantly influence the market for aircraft electric taxiing systems, helping the aviation sector transition to more sophisticated and environmentally friendly ground operations.
According to Cognitive Market Research, the global Aircraft electric taxiing systems market size was estimated at USD XX Billion, out of which Latin America accounted for more than 5% of the global aircraft electric taxiing systems revenue in 2023, with a market size of USD 0.01 billion in 2023 and will grow at a CAGR of 7.0% from 2023 to 2030. An analysis showcasing the region's growing interest in environmentally friendly aviation practices indicates that Latin America is emerging as a major participant in the aircraft electric taxiing systems market. The Latin American commercial aviation market is observing a significant surge in the implementation of electric taxiing systems, mostly due to a shared industry emphasis on reducing environmental footprints and operating expenses. The region's airlines see the tactical benefits of combining these technologies, promoting financial effectiveness and environmental responsibility. In conclusion, Latin America is positioned to influence the aircraft electric taxiing systems market, demonstrating a dedication to more environmentally friendly and cutting-edge aviation ground operations solutions. The region's involvement highlights the worldwide trend in aviation toward sustainability.
According to Cognitive Market Research, the global Aircraft electric taxiing systems market size was estimated at USD XX Billion, out of which the Middle East and Africa accounted for more than 3% of the global revenue in 2023, with a market size of USD 0.01 billion in 2023 and will grow at a CAGR of 7.1% from 2023 to 2030 due The Middle East and Africa are becoming more and more significant in the aircraft electric taxiing systems market. This can be seen in an overview highlighting the region's rising aviation industry and increasing focus on environmentally friendly practices. The use of the electric taxiing system in commercial aviation is increasing, demonstrating the industry's dedication to minimizing environmental effects and maximizing operational effectiveness. Airlines in the area realise the financial and environmental advantages of combining these systems to provide a sustainable and cutting-edge approach to ground operations. In summary, the Middle East and Africa are poised to significantly impact the direction that the aircraft electric taxiing systems market takes, demonstrating a dedication to sustainability and innovation in the aviation sector that is in line with international environmental standards.
Global Aircraft Electric Taxiing System Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Aircraft Electric Taxiing System Industry growth. Aircraft Electric Taxiing System market has been segmented with the help of its Type, Application , and others. Aircraft Electric Taxiing System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, vehicular aircraft EGTS held the major market share over the forecast period. EGTS reduces noise and pollutants associated with ground movements by using electric motors instead of conventional jet engines. The aviation sector is emphasizing sustainability more, and EGTS is essential in improving operational effectiveness and meeting environmental targets. This helps to drive market growth and the development of environmentally friendly ground operations in the aviation industry.
Non-vehicular aircraft EGTS is the fastest-growing category over the forecast period. These systems use electric motors instead of conventional jet engine power to minimize noise and emissions during land operations. Non-Vehicular EGTS emerges as a major force in promoting environmentally friendly ground movements, propelling the market's expansion, and influencing the direction of environmentally aware aviation activities as the aviation sector sharpens its focus on sustainability.
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According to Cognitive Market Research, civilians hold a prominent market share. As environmental sustainability and operational efficiency become more important, electric taxiing technologies are being used by civilian aviation at an increasing rate. During ground operations, these systems are driven by electric motors, lower pollution, noise levels, and fuel usage. The future of sustainable air travel is being shaped by the civilian segment, which is crucial in driving the market's progress and meeting the growing need for environmentally friendly solutions.
The military is the fastest-growing category over the forecast period as Military aviation is implementing electric taxiing technologies to reduce its environmental effect and improve operational efficiency. By using electric motors, these devices help reduce emissions and noise pollution when there are ground movements. The prioritization of sustainability by armed forces facilitates the growth of eco-friendly aviation technologies and opens up new markets.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Aircraft Electric Taxiing System market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Aircraft Electric Taxiing System Market is witnessing significant growth in the near future.
In 2023, the Non-Vehicular Aircraft EGTS segment accounted for noticeable share of global Aircraft Electric Taxiing System Market and is projected to experience significant growth in the near future.
The Military segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Safran Landing Systems , WheelTug and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Non-Vehicular Aircraft EGTS, Vehicular Aircraft EGTS, Aircraft Electric Taxiing Systems |
Application | Military, Civilian |
List of Competitors | Safran Landing Systems, Technodinamika, WheelTug, Delos Aerospace, Honeywell |
This chapter will help you gain GLOBAL Market Analysis of Aircraft Electric Taxiing System. Further deep in this chapter, you will be able to review Global Aircraft Electric Taxiing System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Aircraft Electric Taxiing System Market Trends North America Aircraft Electric Taxiing System Technological Road Map North America Aircraft Electric Taxiing System Market Drivers North America Aircraft Electric Taxiing System Market Restraints North America Aircraft Electric Taxiing System Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Aircraft Electric Taxiing System market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Non-Vehicular Aircraft EGTS have a significant impact on Aircraft Electric Taxiing System market? |
What are the key factors affecting the Non-Vehicular Aircraft EGTS and Vehicular Aircraft EGTS of Aircraft Electric Taxiing System Market? |
What is the CAGR/Growth Rate of Military during the forecast period? |
By type, which segment accounted for largest share of the global Aircraft Electric Taxiing System Market? |
Which region is expected to dominate the global Aircraft Electric Taxiing System Market within the forecast period? |
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