Aerospace Motor Market size was valued at USD 25.4 Billion in 2024 and is forecasted to grow at a CAGR of 5.2% from 2026 to 2033, reaching USD 39.1 Billion by 2033.
In 2022, the global aerospace motor market was valued at approximately $5.4 billion and is projected to reach $8.3 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. North America held the largest market share, contributing around 35% of the total revenue, equating to approximately $1.89 billion. Asia Pacific followed with a 30% share, about $1.62 billion, while Europe accounted for 25%, approximately $1.35 billion. Latin America and the Middle East & Africa each contributed 5%, around $270 million respectively.The Asia Pacific region is anticipated to experience the fastest growth in the aerospace motor market, driven by increasing investments in aviation infrastructure and rising air travel demand. The global aerospace parts manufacturing market, which includes aerospace motors, is expected to grow from $899.48 billion in 2022 to $1,233.24 billion by 2030, at a CAGR of 4%. This growth presents significant opportunities for aerospace motor manufacturers to expand their presence and cater to the evolving needs of the aviation industry.
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Columbus McKinnon Corp
Honeywell
Epropelled
Duff-Norton
NMB Technologies Corporation
Transicoil LLC
EMRAX
Aero Space Controls
Parker
Celera Motion
ASG
Division of Jergens
Inc
Windtech
Inc
Reuland Electric Co
McMillan Electric Co
Hurst Mfg.
Div. of Emerson Electric Co
Composite Motors
Inc
Wisconsin Oven Corp
Integrated Magnetics
Harmonic Drive LLC
Catalus Corporation
LIN Engineering
Hannon Hydraulics
ORMEC Systems Corp
Ramco Electric Motors
Inc
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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 Aerospace Motor Market
Electric Motors
Magnetic Motors
Thermal Motors
Hybrid Motors
Aircraft Propulsion Systems
Aircraft Actuators
Unmanned Aerial Vehicles (UAVs)
Spacecraft Propulsion
Commercial Aviation
Defense & Military
Aerospace Manufacturers
Space Agencies
Battery-powered Motors
Fuel-powered Motors
Hybrid-powered Motors
Brushless DC Motors
Brushed DC Motors
AC Motors
Step 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 Aerospace 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 Aerospace Motor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aerospace Motor Market, By Type
6. Global Aerospace Motor Market, By Application
7. Global Aerospace Motor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Aerospace Motor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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