Global More Electric Aircraft
Market Report
2025
The global Electric Aircraft market size will be USD 5.08 billion in 2024. The Electric Aircraft market will show the strongest growth with a compound annual growth rate (CAGR) of 13.03% from 2024 to 2031. This growth can be attributed to More electric aircraft reducing fuel consumption through advanced electrical systems.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2024 | 2025 | 2032 | 2033 | CAGR | |
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Global More Electric Aircraft Market Sales Revenue | $ 5.08 Billion | 121212 | 121212 | 121212 | 13.03% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Application |
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Market Split by Platform |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:Compliance with stricter environmental standards drives the adoption of electric aircraft technologies and is anticipated to drive the More Electric Aircraft market's expansion in the years ahead. | |
Market Restrains:
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More Electric Aircraft Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
More electric aircraft is driven by the need for fuel efficiency and reduced emissions, pushing aircraft manufacturers to replace traditional hydraulic and pneumatic systems with electric alternatives, which are lighter and more energy-efficient. This shift aligns with global environmental regulations and industry goals for sustainability. Second, advancements in power electronics and battery technology enable the electrification of more aircraft systems, including flight controls, landing gear, and environmental control systems, enhancing reliability and reducing maintenance costs. Third, the demand for improved passenger comfort and safety features, facilitated by electric systems, drives adoption among airlines aiming to differentiate their offerings and enhance operational efficiency. These drivers collectively propel the MEA market forward, shaping the future of aviation towards greener and more efficient air travel.
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In April 2022, Safran Electrical & Power, a division of Safran SA, and AURA AERO (France), a manufacturer of digital and eco-friendly aircraft, signed a collaboration agreement to collaborate on two distinct aircraft models' electric propulsion systems: the ERA (Electric Regional Aircraft) and the INTEGRAL E training aircraft. It is already projected that sixty orders will be placed with INTEGRAL E. It is projected that the first flight will occur in 2022, and deliveries will begin in 2023. (Source https://www.safran-group.com/pressroom/safran-has-signed-agreement-work-aura-aero-architecture-and-electric-propulsion-systems-integral-and-2022-04-07 )
Top Companies Market Share in More Electric Aircraft Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue through extensive research and development efforts, substantial investments in aerospace technology, and collaborations between industry leaders and government agencies to advance electric propulsion systems and reduce environmental impact in aviation.
Asia-Pacific stands out as the fastest-growing region in the More Electric Aircraft market due to the increasing investments in sustainable aviation technologies and government initiatives promoting electrification in aerospace. The region's strong manufacturing base and strategic partnerships with global aerospace players contribute to a high compound annual growth rate (CAGR) for MEA adoption.
The current report Scope analyzes More Electric Aircraft 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
The above graph is for illustrative purposes only.
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Global More Electric Aircraft Market Report 2025 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 More Electric Aircraft Industry growth. More Electric Aircraft market has been segmented with the help of its Application, Platform , and others. More Electric Aircraft 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, commercial is the dominant category that provides efficiency, reduce fuel consumption, and lower maintenance costs. This shift replaces traditional hydraulic and pneumatic systems with electrically powered alternatives for functions like landing gear, cabin pressurization, and flight control systems. MEA also supports the integration of advanced technologies like electric propulsion and power distribution systems, meeting stringent environmental regulations and operational demands. Airlines and aircraft manufacturers drive growth by prioritizing sustainability, operational efficiency, and passenger comfort.
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Market segmentation based on Platform explains not only the historical market size/share data of Fixed Wing Aircraft, Rotary Wing Aircraft, UAV but also the forecasted revenue growth. This will also help to analyze the demand for More Electric Aircraft across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Platform of More Electric Aircraft are:
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
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 More Electric Aircraft Market is witnessing significant growth in the near future.
In 2023, the Commercial segment accounted for noticeable share of global More Electric Aircraft Market and is projected to experience significant growth in the near future.
The Fixed Wing Aircraft segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies AMETEK Inc. , Bombardier Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Application | Commercial, Military |
Platform | Fixed Wing Aircraft, Rotary Wing Aircraft, UAV |
List of Competitors | AMETEK Inc., BAE Systems plc, Bombardier Inc., Elbit Systems Ltd., GE Aviation |
This chapter will help you gain GLOBAL Market Analysis of More Electric Aircraft. Further deep in this chapter, you will be able to review Global More Electric Aircraft 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.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of More Electric Aircraft. Further deep in this chapter, you will be able to review North America More Electric Aircraft Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of More Electric Aircraft. Further deep in this chapter, you will be able to review Europe More Electric Aircraft Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of More Electric Aircraft. Further deep in this chapter, you will be able to review Asia Pacific More Electric Aircraft Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of More Electric Aircraft. Further deep in this chapter, you will be able to review South America More Electric Aircraft Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of More Electric Aircraft. Further deep in this chapter, you will be able to review Middle East More Electric Aircraft Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of More Electric Aircraft. Further deep in this chapter, you will be able to review Middle East More Electric Aircraft Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of More Electric Aircraft. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging 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.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. 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 Application Analysis 2021 - 2033
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 11 Market Split by Platform Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global More Electric Aircraft 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.
Chapter 13 Research Methodology and Sources
Why Commercial have a significant impact on More Electric Aircraft market? |
What are the key factors affecting the Commercial and Military of More Electric Aircraft Market? |
What is the CAGR/Growth Rate of Fixed Wing Aircraft during the forecast period? |
By type, which segment accounted for largest share of the global More Electric Aircraft Market? |
Which region is expected to dominate the global More Electric Aircraft Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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