Aeroplane Electric Motor Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 5.4 Billion by 2033, growing at a CAGR of 18.5% from 2026 to 2033.
The global aeroplane electric motor market was valued at approximately $8.08 billion in 2023, with a compound annual growth rate (CAGR) of 4.59% since 2018. Projections indicate that the market will reach $11.76 billion by 2028, growing at a CAGR of 7.77% during this period. This growth is driven by the aviation industrys shift towards electrification, aiming to enhance efficiency and reduce emissions. The AC motor segment dominated the market in 2023, accounting for 73.22% of the total share, due to its widespread application in various aircraft systems. Looking ahead, the DC motor segment is expected to experience the fastest growth, with a projected CAGR of 8.24% from 2023 to 2028. Regionally, North America led the market in 2023, representing 44.42% of the global share, valued at $3.59 billion. This leadership is attributed to the presence of major aviation companies and increased aircraft demand in the region. The Asia Pacific region is anticipated to be the fastest growing market, with a CAGR of 8.57% from 2023 to 2028, driven by increased aviation investments and rising air passenger traffic in countries like China, Japan, and India. Europe also holds a significant market share, with countries such as Germany, France, and the UK contributing to the regions growth through advancements in electric propulsion technologies and sustainable aviation initiatives.
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DR. FRITZ FAULHABE
LaunchPoint Technologies
MGM COMPRO
NEUMOTORS
Pegasus Aeronautics
RAZEEBUSS
T-MOTOR
WOODWARD
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aeroplane Electric Motor Market
Brushless DC Motors (BLDC)
Stepper Motors
AC Induction Motors
Switched Reluctance Motors
Propulsion System
Actuation Systems
Auxiliary Power Units (APUs)
Landing Gear Mechanisms
Flight Control Surfaces
Low Voltage Motors (up to 48V)
Medium Voltage Motors (48V - 480V)
High Voltage Motors (above 480V)
Small Power Motors (up to 100 kW)
Medium Power Motors (100 kW - 500 kW)
High Power Motors (above 500 kW)
Conventional Electric Motors
Advanced Electric Motors (with integrated controllers)
Hybrid Electric Propulsion Systems
Emerging Technologies (e.g., superconducting motors)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aeroplane Electric Motor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aeroplane Electric Motor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aeroplane Electric Motor Market, By Type
6. Global Aeroplane Electric Motor Market, By Application
7. Global Aeroplane Electric Motor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Aeroplane Electric Motor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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