Global Aircraft Electrification Market Overview

Global Aircraft Electrification Market Size Was Valued at USD 6.50 billion In 2021, And Is Projected to Reach USD 15.85 billion By 2028, Growing at A CAGR of 13.58% From 2022 To 2028.

Aircraft electrification is intriguing because it offers several benefits like as reduced emissions and noise. Also, Aircraft electrification provides a sustainable alternative for commercial air travel. To accomplish environmental goals, significant reductions in carbon emissions are required. By replacing traditional hydraulic and pneumatic systems with electric systems, airplanes can save about 3% on fuel by reducing the amount of engine bleed air necessary to operate these systems. Aviation emissions are increasing at a rate of about 5% per year, according to the EU's Flightpath 2050 program, which targets a 75% decrease in carbon emissions per passenger kilometer by 2050. The electrification of aircraft is a key step in achieving those objectives and combating climate change. Because of the growing need to cut carbon emissions and regulate pollution, the worldwide aircraft electrification industry is likely to rise significantly in the future years. Increased efforts to lessen reliance on oil are expected to increase demand for aircraft electrification. Electric motors drive propellers that produce thrust in an electric aircraft. It is equipped with a dispersed driving system. Batteries, solar cells, fuel cells, ground power connections, and other methods can all be used to provide electricity to aircraft. Therefore, Aircraft Electrification presents tremendous growth prospects during the forecasted period. 

Market Dynamics And Factors For Aircraft Electrification Market

Drivers:

Sustainability In The Aircraft Industry Boosting The Aircraft Electrification Market

Recent advancements in power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power production and conversion systems have fueled the demand for more electric aircraft. Many controls on aviation emissions have been enacted as the focus shifts to environmentally friendly aircraft. Manufacturers are shifting to more electric airplanes as emission standards become more stringent. Electric airplanes are becoming more popular as aircraft manufacturers discover the benefits of the architecture, which include higher fuel efficiency, lower maintenance costs, more reliability, and fewer hydraulic and pneumatic components in engine installation. In the coming years, more electric aircraft with short ranges are likely to become practical for regional transportation.

Restraints:

Component-Based Problems In Electrified Aircraft Are The Major Restraining Factors

Thermal management, systems design for integration into the airframe, battery management, power-to-weight ratios, testing, dependability, and certification of new aircraft technologies are all challenges in electrification. Without concurrent improvement in airport infrastructure, power supply and distribution, and assessment of aviation's environmental impact, aircraft electrification will fail.

Opportunities:

Big Investment From Aircraft Manufacturers Presents A Technological Growth Opportunity

Big manufacturers like Boeing and Airbus have dabbled with the electric plane sector. Boeing teamed with startup Zunum (more on that under Shocking Startups below), while Airbus has experimented with projects like Vahana, City Airbus, and E Fan X to assist gain exposure in the sector. In addition to Zunum, Boeing's Aurora Flight Sciences, an aviation and aeronautics research business bought in 2017, is collaborating with Uber to establish a network of flying taxis. Aurora Flight Sciences flew their all-electric autonomous passenger air vehicle for the first time in January 2019. Siemens predicts a similar timeline, with ultralights and military aircraft arriving first (due to less stringent certification rules), followed by a ramp-up for certified systems in 2022, scheduled flights based on hybrid aircraft in 2030, and finally, by 2050, electric propulsion will be the "standard solution" for all aircraft segments. In a similar hemisphere, Roland Berger's group of aerospace experts predicts that the first > 50-seat hybrid-electric aircraft will reach commercial service by 2032.

Challenges:

The Developing Stage of The Battery Technology Is A Major Challenge For Full Aircraft Electrification

The poor energy density of batteries is one of the most significant issues that electric aircraft manufacturers confront when it comes to long-distance flights. The watt-hours per kilogram (Wh/kg) unit of measurement for aircraft propulsion is commonly used. The current lithium-ion batteries have an energy density of 250 Wh/kg, which is far lower than the 12,000 Wh/kg energy density offered by conventional jet fuel or kerosene. As a result, all-electric long-haul commercial flights are still a long way off, as fossil fuels are 14 times more energy-dense than battery-powered alternatives.

Segmentation Analysis of Aircraft Electrification Market

By Technology, the Hybrid electric segment dominates the Aircraft Electrification Market. The propulsion system in hybrid electric technology is powered by both aviation fuel and electricity. For single-aisle passenger aircraft, this technique helps minimize fuel burn, energy consumption, pollutants, and noise. In hybrid propulsion, two types of power sources are available: solar-powered and fuel-powered. Noise reduction is one of the benefits of hybrid-electric aircraft.  An electric motor is quieter than a combustion engine. It still has to power a propulsor—a rotor, propeller, or fan—which makes noise during takeoff and landing. When taxiing and cruising, however, electric propulsion will be quieter. Distributed propulsion systems with several smaller, quieter rotors or fans are also possible with electric motors. Another benefit is efficiency. Electric drivetrains can be more than 90% efficient, compared to only 55% for today's huge turbofans and 35% for small turboprops. One rationale for the electrification of propulsion to begin with the retrofitting of regional aircraft powered by turboprops like the Pratt & Whitney PT6 is the efficiency gap between large and small turbines.

By Application, the Commercial segment is expected to dominate the Aircraft Electrification Market. Only a few more electric aircraft are available in this market, including the Boeing 787 and Airbus A350 XWB. Major aircraft manufacturers, including Airbus SE and The Boeing Company, have increased the use of electric architecture in their commercial aircraft over time. Airbus successfully replaced three hydraulic systems with two electric systems for its A380 and A350 models, demonstrating that the technology is safe for aircraft. On wide-body aircraft, Airbus wants to replace hydraulic power systems with electric generators. As of December 2021, Boeing had delivered a total of 1,006 Boeing 787 Dreamliner airplanes. The Boeing 787 is one of the first aircraft to use more electric architecture. Electric systems replace those previously driven by hydraulics or bleed air from engines on the aircraft. More electric architecture is being introduced into new airplane types.

Regional Analysis of Aircraft Electrification Market

North America dominates the Aircraft Electrification Market. Due to a high number of deliveries of aircraft with more electric architecture to the United States, North America is currently a big market for more electric aircraft. The essential infrastructure, as well as a strong focus on research and development in the electrification of aircraft subsystems, are projected to help the North American area build more electric aircraft markets. Lockheed Martin supplied 142 F-35 fighter jets to the US and its allies in 2021. The F-35's power-by-wire system is a significant step forward in electric aircraft technology. The principal flight surfaces are controlled by self-contained electro-hydrostatic actuators (EHAs). The domination of the more electric aircraft market in the region, on the other hand, is due to rising environmental concerns and more rigorous laws for airplane emissions. Even though deliveries of wide-body aircraft such as the Boeing 787 Dreamliner and the Airbus A350 XWB have slowed in the region, carriers still have several aircraft on order. For example, Delta Air Lines, the first North American carrier to fly the A350 XWB, operates 17 Airbus A350-900s as of September 2021. Eight of the 25 A350-900s ordered have yet to arrive at the carrier. The market in the North American region is projected to be driven by a need for newer, more electric aircraft from both the commercial and military sectors.

Europe is the fastest-growing region in the Aircraft Electrification Market. The European region is more focused on the building infrastructure related to aircraft electrification which is the major factor while operating at large. Even though the pandemic has caused significant challenges for all airports, with passenger numbers still low and movements far below 2019 norms, Europe's airports remain dedicated to rebuilding more sustainably. 235 European airports recently approved the aviation sector's goal to reach net-zero CO2 emissions by 2050 at the latest, representing 68 percent of European passenger volume in 2019. 91 of these airports are on track to meet their net-zero commitment by 2030. One of them is Amsterdam-Schiphol Airport. Royal Schiphol Group is collaborating with Smart Airport Systems (SAS), a business that provides technology solutions to airlines and airports to minimize fuel usage, pollution, and noise, and to improve airside electrification. Smart Airport Systems' electrical power and air-conditioning units, commonly known as 'APU off,' are a viable alternative to using an aircraft's auxiliary power unit (APU) on the ground for pre-flight operations, boarding, and maintenance. TaxiBot® is a sustainable taxiing system offered by Smart Airport Systems. Using this vehicle, which is controlled by the pilot when the aircraft engines are turned off, can save fuel consumption by up to 85%, CO2 and other noxious emissions by up to 85%, and noise by up to 60% during taxiing.

COVID-19 Impact Analysis on Aircraft Electrification Market

The defense sector, as well as government expenditures, are expected to protect defense industries. Some defense corporations in the United States and the United Kingdom, such as Honeywell and QinetiQ, have announced fiscal steps to preserve capital and mitigate the COVID-19 impact, such as negotiating delayed draw term loan arrangements and deferring dividend releases. Furthermore, while government contracts preserve demand for defense items, supply chain disruptions may occur as a result of financial pressures on raw material suppliers, who may be forced to slow or stop production. Companies in the defense industry implemented urgent and conditional safety measures for their staff. A prolonged economic crisis is also likely to necessitate personnel layoffs and other measures, which could lower the output rate. Furthermore, a decreased GDP in major economies such as the United States, China, the United Kingdom, France, Germany, India, Italy, Japan, Brazil, and Canada in 2020 predicts a possible decline in defense and aviation investments.

Players Covered in Aircraft Electrification Market are

  • Airbus Group
  • Bombardier Inc.
  • Honeywell International Inc.
  • Raytheon Company
  • Safran Group
  • Thales Group
  • The Boeing Company
  • TTTech Computertechnik AG
  • United Technologies Corporation (UTC)
  • Zodiac Aerospace SA and other major players.

 Key Industry Developments In Aircraft Electrification Market

February 2020, The FAA Aviation Sustainability Center, or Ascent, granted the Massachusetts Institute of Technology $300,000 for a comprehensive evaluation of electrification approaches for aviation, which examines the relative economic and environmental benefits of using electricity to power future aircraft, batteries, or liquid fuels generated from electricity.

June 2021, Vertical Aerospace Group, a small, electric-powered aircraft that could transport people from city centers to airports by taking off and landing vertically like helicopters, received a USD 25 million investment from American Airlines. The company intends to take orders for small electric aircraft worth $1 billion.

April 2021, Airbus plans to replace the mechanical rudder controls on the A320neo series of aircraft with a fully electric rudder system. The change will take place around the same time as the long-range A321XLR, which was designed with the 'E-rudder' architecture in mind.

Global Aircraft Electrification Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 6.50 Bn.

Forecast Period 2022-28 CAGR:

13.58%

Market Size in 2028:

USD 15.85 Bn.

Segments Covered:

By Technology

  • More Electric
  • Hybrid Electric
  • Fully Electric

By Application

  • Commercial
  • Military
  • General Aviation

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Sustainability in The Aircraft Industry Boosting the Aircraft Electrification Market

Key Market Restraints:

  • Component-Based Problems in Electrified Aircraft Are the Major Restraining Factors

Key Opportunities:

  • Big Investment from Aircraft Manufacturers Presents A Technological Growth Opportunity

Companies Covered in the report:

  • Airbus Group, Bombardier Inc., Honeywell International Inc., Raytheon Company, Safran Group, Thales Group, The Boeing Company, and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Technology
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Aircraft Electrification Market by Technology
 5.1 Aircraft Electrification Market Overview Snapshot and Growth Engine
 5.2 Aircraft Electrification Market Overview
 5.3 More Electric
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 More Electric: Grographic Segmentation
 5.4 Hybrid Electric
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Hybrid Electric: Grographic Segmentation
 5.5 Fully Electric
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Fully Electric: Grographic Segmentation

Chapter 6: Aircraft Electrification Market by Application
 6.1 Aircraft Electrification Market Overview Snapshot and Growth Engine
 6.2 Aircraft Electrification Market Overview
 6.3 Commercial
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Commercial: Grographic Segmentation
 6.4 Military
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Military: Grographic Segmentation
 6.5 General Aviation
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 General Aviation: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Aircraft Electrification Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Aircraft Electrification Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Aircraft Electrification Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 AIRBUS GROUP
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 BOMBARDIER INC.
 7.4 HONEYWELL INTERNATIONAL INC.
 7.5 RAYTHEON COMPANY
 7.6 SAFRAN GROUP
 7.7 THALES GROUP
 7.8 THE BOEING COMPANY
 7.9 TTTECH COMPUTERTECHNIK AG
 7.10 UNITED TECHNOLOGIES CORPORATION (UTC)
 7.11 ZODIAC AEROSPACE SA
 7.12 OTHER MAJOR PLAYERS

Chapter 8: Global Aircraft Electrification Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Technology
  8.2.1 More Electric
  8.2.2 Hybrid Electric
  8.2.3 Fully Electric
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Commercial
  8.3.2 Military
  8.3.3 General Aviation

Chapter 9: North America Aircraft Electrification Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Technology
  9.4.1 More Electric
  9.4.2 Hybrid Electric
  9.4.3 Fully Electric
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Commercial
  9.5.2 Military
  9.5.3 General Aviation
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Aircraft Electrification Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Technology
  10.4.1 More Electric
  10.4.2 Hybrid Electric
  10.4.3 Fully Electric
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Commercial
  10.5.2 Military
  10.5.3 General Aviation
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Aircraft Electrification Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Technology
  11.4.1 More Electric
  11.4.2 Hybrid Electric
  11.4.3 Fully Electric
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Commercial
  11.5.2 Military
  11.5.3 General Aviation
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Aircraft Electrification Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Technology
  12.4.1 More Electric
  12.4.2 Hybrid Electric
  12.4.3 Fully Electric
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Commercial
  12.5.2 Military
  12.5.3 General Aviation
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Aircraft Electrification Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Technology
  13.4.1 More Electric
  13.4.2 Hybrid Electric
  13.4.3 Fully Electric
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Commercial
  13.5.2 Military
  13.5.3 General Aviation
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Aircraft Electrification Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 6.50 Bn.

Forecast Period 2022-28 CAGR:

13.58%

Market Size in 2028:

USD 15.85 Bn.

Segments Covered:

By Technology

  • More Electric
  • Hybrid Electric
  • Fully Electric

By Application

  • Commercial
  • Military
  • General Aviation

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Sustainability in The Aircraft Industry Boosting the Aircraft Electrification Market

Key Market Restraints:

  • Component-Based Problems in Electrified Aircraft Are the Major Restraining Factors

Key Opportunities:

  • Big Investment from Aircraft Manufacturers Presents A Technological Growth Opportunity

Companies Covered in the report:

  • Airbus Group, Bombardier Inc., Honeywell International Inc., Raytheon Company, Safran Group, Thales Group, The Boeing Company, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. AIRCRAFT ELECTRIFICATION MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. AIRCRAFT ELECTRIFICATION MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. AIRCRAFT ELECTRIFICATION MARKET COMPETITIVE RIVALRY
TABLE 005. AIRCRAFT ELECTRIFICATION MARKET THREAT OF NEW ENTRANTS
TABLE 006. AIRCRAFT ELECTRIFICATION MARKET THREAT OF SUBSTITUTES
TABLE 007. AIRCRAFT ELECTRIFICATION MARKET BY TECHNOLOGY
TABLE 008. MORE ELECTRIC MARKET OVERVIEW (2016-2028)
TABLE 009. HYBRID ELECTRIC MARKET OVERVIEW (2016-2028)
TABLE 010. FULLY ELECTRIC MARKET OVERVIEW (2016-2028)
TABLE 011. AIRCRAFT ELECTRIFICATION MARKET BY APPLICATION
TABLE 012. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 013. MILITARY MARKET OVERVIEW (2016-2028)
TABLE 014. GENERAL AVIATION MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA AIRCRAFT ELECTRIFICATION MARKET, BY TECHNOLOGY (2016-2028)
TABLE 016. NORTH AMERICA AIRCRAFT ELECTRIFICATION MARKET, BY APPLICATION (2016-2028)
TABLE 017. N AIRCRAFT ELECTRIFICATION MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE AIRCRAFT ELECTRIFICATION MARKET, BY TECHNOLOGY (2016-2028)
TABLE 019. EUROPE AIRCRAFT ELECTRIFICATION MARKET, BY APPLICATION (2016-2028)
TABLE 020. AIRCRAFT ELECTRIFICATION MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC AIRCRAFT ELECTRIFICATION MARKET, BY TECHNOLOGY (2016-2028)
TABLE 022. ASIA PACIFIC AIRCRAFT ELECTRIFICATION MARKET, BY APPLICATION (2016-2028)
TABLE 023. AIRCRAFT ELECTRIFICATION MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA AIRCRAFT ELECTRIFICATION MARKET, BY TECHNOLOGY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA AIRCRAFT ELECTRIFICATION MARKET, BY APPLICATION (2016-2028)
TABLE 026. AIRCRAFT ELECTRIFICATION MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA AIRCRAFT ELECTRIFICATION MARKET, BY TECHNOLOGY (2016-2028)
TABLE 028. SOUTH AMERICA AIRCRAFT ELECTRIFICATION MARKET, BY APPLICATION (2016-2028)
TABLE 029. AIRCRAFT ELECTRIFICATION MARKET, BY COUNTRY (2016-2028)
TABLE 030. AIRBUS GROUP: SNAPSHOT
TABLE 031. AIRBUS GROUP: BUSINESS PERFORMANCE
TABLE 032. AIRBUS GROUP: PRODUCT PORTFOLIO
TABLE 033. AIRBUS GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. BOMBARDIER INC.: SNAPSHOT
TABLE 034. BOMBARDIER INC.: BUSINESS PERFORMANCE
TABLE 035. BOMBARDIER INC.: PRODUCT PORTFOLIO
TABLE 036. BOMBARDIER INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. HONEYWELL INTERNATIONAL INC.: SNAPSHOT
TABLE 037. HONEYWELL INTERNATIONAL INC.: BUSINESS PERFORMANCE
TABLE 038. HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 039. HONEYWELL INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. RAYTHEON COMPANY: SNAPSHOT
TABLE 040. RAYTHEON COMPANY: BUSINESS PERFORMANCE
TABLE 041. RAYTHEON COMPANY: PRODUCT PORTFOLIO
TABLE 042. RAYTHEON COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. SAFRAN GROUP: SNAPSHOT
TABLE 043. SAFRAN GROUP: BUSINESS PERFORMANCE
TABLE 044. SAFRAN GROUP: PRODUCT PORTFOLIO
TABLE 045. SAFRAN GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. THALES GROUP: SNAPSHOT
TABLE 046. THALES GROUP: BUSINESS PERFORMANCE
TABLE 047. THALES GROUP: PRODUCT PORTFOLIO
TABLE 048. THALES GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. THE BOEING COMPANY: SNAPSHOT
TABLE 049. THE BOEING COMPANY: BUSINESS PERFORMANCE
TABLE 050. THE BOEING COMPANY: PRODUCT PORTFOLIO
TABLE 051. THE BOEING COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. TTTECH COMPUTERTECHNIK AG: SNAPSHOT
TABLE 052. TTTECH COMPUTERTECHNIK AG: BUSINESS PERFORMANCE
TABLE 053. TTTECH COMPUTERTECHNIK AG: PRODUCT PORTFOLIO
TABLE 054. TTTECH COMPUTERTECHNIK AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. UNITED TECHNOLOGIES CORPORATION (UTC): SNAPSHOT
TABLE 055. UNITED TECHNOLOGIES CORPORATION (UTC): BUSINESS PERFORMANCE
TABLE 056. UNITED TECHNOLOGIES CORPORATION (UTC): PRODUCT PORTFOLIO
TABLE 057. UNITED TECHNOLOGIES CORPORATION (UTC): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. ZODIAC AEROSPACE SA: SNAPSHOT
TABLE 058. ZODIAC AEROSPACE SA: BUSINESS PERFORMANCE
TABLE 059. ZODIAC AEROSPACE SA: PRODUCT PORTFOLIO
TABLE 060. ZODIAC AEROSPACE SA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 061. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 062. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 063. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY TECHNOLOGY
FIGURE 012. MORE ELECTRIC MARKET OVERVIEW (2016-2028)
FIGURE 013. HYBRID ELECTRIC MARKET OVERVIEW (2016-2028)
FIGURE 014. FULLY ELECTRIC MARKET OVERVIEW (2016-2028)
FIGURE 015. AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY APPLICATION
FIGURE 016. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 017. MILITARY MARKET OVERVIEW (2016-2028)
FIGURE 018. GENERAL AVIATION MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA AIRCRAFT ELECTRIFICATION MARKET OVERVIEW BY COUNTRY (2016-2028)

Frequently Asked Questions :

What would be forecast period in the Aircraft electrification market research report?

The forecast period in the Aircraft Electrification Market research report is 2022-2028.

Who are the key players in Aircraft Electrification market?

Airbus Group; Bombardier, Inc.; Honeywell International, Inc.; Raytheon Company; Safran Group; Thales Group; The Boeing Company; TTTech Computertechnik AG; United Technologies Corporation (UTC); Zodiac Aerospace SA, and other major players.

What are the segments of the Aircraft Electrification Market?

The Aircraft Electrification Market is segmented into Technology, Application, and region. By Technology, the market is categorized into More Electric, Hybrid Electric, and Fully Electric. By Application, the market is categorized into Commercial, Military, and General Aviation. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Aircraft Electrification market?

Aircraft electrification is intriguing because it offers several benefits like as reduced emissions and noise. Also, Aircraft electrification provides a sustainable alternative for commercial air travel. To accomplish environmental goals, significant reductions in carbon emissions are required.

How big is the Aircraft Electrification market?

The Global Aircraft Electrification Market Size Was Valued at USD 6.50 billion In 2021, And Is Projected to Reach USD 15.85 billion By 2028, Growing at A CAGR of 13.58% From 2022 To 2028.