Global and United States Aircraft Electrification of the Propulsion System Market Report & Forecast 2022-2028

The increase in carbon emissions due to the increase in passenger traffic is the main reason for the increase in demand for electric aircraft. Government agencies are ensuring transportation safety and solving various problems related to air transportation, such as carbon emissions and noise pollution. Policymakers are calling for all short-haul flights to be electrified. The electrification of the propulsion system is expected to increase take-off and climb power, thereby providing a highly efficient alternative to conventional turbofans. Increasing electric propulsion is expected to significantly reduce fuel combustion and thereby reduce atmospheric emissions.
Market Analysis and Insights: Global and United States Aircraft Electrification of the Propulsion System Market
This report focuses on global and United States Aircraft Electrification of the Propulsion System market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Aircraft Electrification of the Propulsion System market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Solar Powered accounting for % of the Aircraft Electrification of the Propulsion System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Commercial Aviation was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Aircraft Electrification of the Propulsion System market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Aircraft Electrification of the Propulsion System Scope and Market Size
Aircraft Electrification of the Propulsion System market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Aircraft Electrification of the Propulsion System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Aircraft Electrification of the Propulsion System market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Solar Powered
Battery Powered
Fuel Cell Powered
Segment by Application
Commercial Aviation
Military Aviation
Business and General Aviation
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Safran
Honeywell International
Thales Group
United Technologies Corporation
GE Aviation
Raytheon Company
AMETEK
Meggitt PLC

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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QYR-20810792

28-Apr-2022

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