Aviation High Speed Motor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Aviation High Speed Motor Market
The global aviation high speed motor market size was valued at USD 2.33 billion in 2020 and is projected to grow from USD 2.55 billion in 2021 to USD 3.74 billion by 2028, exhibiting a CAGR of 5.62% during the forecast period of 2021-2028.
The pandemic slowed the Aviation High-Speed Motor Market as decreased air journeys and manufacturing cuts reduced demand. Recovery is underway, supported via renewed air journey, protection call for, and a focal point on electricity-efficient motor technology, impeding the aviation high speed motor market growth.
Key elements of the Aviation High-Speed Motor Market include increasing demand for gasoline-green aircraft, advancements in electric-powered propulsion structures, and growing investments in aerospace innovation. The rush for sustainable aviation and adopting lightweight, high-overall performance motor technology further propels the market boom.
Using light-weight and sturdy materials is an essential trend in the aviation excessive-velocity motor market. Materials like carbon fiber composites extensively lessen the burden of cars, enhancing ordinary aircraft efficiency and expanding the aviation high speed motor market share globally. Additionally, effective warmness dissipation technology is vital to ensure the reliability and longevity of high-velocity cars in stressful aviation environments. Producers can enhance those critical components' overall performance and lifespan by optimizing fabric selection and thermal management.
Comprehensive Analysis of Aviation High Speed Motor Market
The aviation high-speed motor market is segmented by kind, platform, and application. The marketplace is divided into AC and DC cars for motor kind, with AC vehicles dominating due to their extensive applications in plane structures like pumps and compressors. However, DC cars are predicted to grow quicker due to their efficiency in electric planes, which rely upon DC motors for propulsion. In platform phrases, segments consist of commercial, popular aviation, enterprise, electric planes, UAVs, and helicopters. Commercial aircraft maintain the most significant proportion. However, UAVs and electric aircraft are predicted to develop rapidly because of army applications and a shift in the direction of 0-emission technology. The propulsion phase leads the market by application, pushed by the call for all-electric powered aircraft. In contrast, the fuel control device phase shows outstanding boom capacity, supported by the want for stepped-forward gas efficiency.
The North America region led the aviation high speed motor market by benefitting a size of USD 0.61 billion in 2020 due to the presence of foremost plane producers such as the Boeing Company. The market boom in North America is being appreciably boosted.
The leading players in the aviation high-speed motor market play a crucial role in shaping its growth and setting industry standards. Key companies such as MagniX (U.S.), Pipistrel (Slovenia), Safran Electrical & Power (France), Meggitt PLC (U.K.), Siemens (Germany), Allied Motion Technologies (U.S.), ARC Systems Inc. (U.S.), NEMA Ltd. (U.K.), Windings Inc. (U.S.), H3X Technologies Inc. (U.S.), EMRAX d.o.o. (Slovenia), MGM COMPRO (Czechia), and Xoar International LLC (U.S.) contribute to a competitive landscape, driving innovation and advancement within the market.
In December 2020, MagniX entered into a settlement with Faradair to deliver electric cars for a fleet of three hundred aircraft, which was predicted to be finished by 2030.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD Billion)
Segmentation
Type; Platform; Application and Geography
By Type
AC Motor
DC Motor
By Platform
Commercial Aircraft
General Aviation Aircraft
Business Aircraft
Electric Aircraft
Unmanned Aerial Vehicles
Helicopters
By Application
Propulsion System
Flight Control
Fuel Management System
By Geography
North America (By Type, Platform, Application, and Country)
- The U.S. (By Platform)
- Canada (By Platform)
- The U.K. (By Platform)
- Germany (By Platform)
- France (By Platform)
- Russia (By Platform)
- Rest of Europe (By Platform)
- China (By Platform)
- India (By Platform)
- Japan (By Platform)
- South Korea (By Platform)
- Rest of Asia Pacific (By Platform)
- The Middle East & Africa (By Platform)
- Latin America (By Platform)
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 5. Quantitative Insights-Impact of COVID-19 Pandemic on Global Aviation High Speed Motor Market
- 5.1. Impact of COVID-19 Pandemic on Global Aviation High Speed Motor Market
- 5.2. Steps Taken by Industry/Companies/Government to Overcome the Impact
- 5.3. Key Development in the industry in Response to COVID-19 Pandemic
- 6. Global Aviation High Speed Motor Market Analysis, Insights and Forecast, 2017-2028
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. AC Motor
- 6.2.2. DC Motor
- 6.3. Market Analysis, Insights and Forecast – By Platform
- 6.3.1. Commercial Aircraft
- 6.3.2. General Aviation Aircraft
- 6.3.3. Business Aircraft
- 6.3.4. Electric Aircraft
- 6.3.5. Unmanned Aerial Vehicles
- 6.3.6. Helicopters
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Propulsion System
- 6.4.2. Flight Control System
- 6.4.3. Fuel Management System
- 6.5. Market Analysis, Insights and Forecast – By Region
- 6.5.1. North America
- 6.5.2. Europe
- 6.5.3. Asia-pacific
- 6.5.4. Rest of the world
- 7. North America Aviation High Speed Motor Market Analysis, Insights and Forecast, 2017-2028
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. AC Motor
- 7.2.2. DC Motor
- 7.3. Market Analysis, Insights and Forecast – By Platform
- 7.3.1. Commercial Aircraft
- 7.3.2. General Aviation Aircraft
- 7.3.3. Business Aircraft
- 7.3.4. Electric Aircraft
- 7.3.5. Unmanned Aerial Vehicles
- 7.3.6. Helicopters
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Propulsion System
- 7.4.2. Flight Control System
- 7.4.3. Fuel Management System
- 7.5. Market Analysis – By Country
- 7.5.1. The U.S.
- 7.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.1.1.1. Commercial Aircraft
- 7.5.1.1.2. General Aviation Aircraft
- 7.5.1.1.3. Business Aircraft
- 7.5.1.1.4. Electric Aircraft
- 7.5.1.1.5. Unmanned Aerial Vehicles
- 7.5.1.1.6. Helicopters
- 7.5.2. Canada
- 7.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 7.5.2.1.1. Commercial Aircraft
- 7.5.2.1.2. General Aviation Aircraft
- 7.5.2.1.3. Business Aircraft
- 7.5.2.1.4. Electric Aircraft
- 7.5.2.1.5. Unmanned Aerial Vehicles
- 7.5.2.1.6. Helicopters
- 8. Europe Aviation High Speed Motor Market Analysis, Insights and Forecast, 2017-2028
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. AC Motor
- 8.2.2. DC Motor
- 8.3. Market Analysis, Insights and Forecast – By Platform
- 8.3.1. Commercial Aircraft
- 8.3.2. General Aviation Aircraft
- 8.3.3. Business Aircraft
- 8.3.4. Electric Aircraft
- 8.3.5. Unmanned Aerial Vehicles
- 8.3.6. Helicopters
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Propulsion System
- 8.4.2. Flight Control System
- 8.4.3. Fuel Management System
- 8.5. Market Analysis – By Country
- 8.5.1. The U.K.
- 8.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.1.1.1. Commercial Aircraft
- 8.5.1.1.2. General Aviation Aircraft
- 8.5.1.1.3. Business Aircraft
- 8.5.1.1.4. Electric Aircraft
- 8.5.1.1.5. Unmanned Aerial Vehicles
- 8.5.1.1.6. Helicopters
- 8.5.2. Germany
- 8.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.2.1.1. Commercial Aircraft
- 8.5.2.1.2. General Aviation Aircraft
- 8.5.2.1.3. Business Aircraft
- 8.5.2.1.4. Electric Aircraft
- 8.5.2.1.5. Unmanned Aerial Vehicles
- 8.5.2.1.6. Helicopters
- 8.5.3. France
- 8.5.3.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.3.1.1. Commercial Aircraft
- 8.5.3.1.2. General Aviation Aircraft
- 8.5.3.1.3. Business Aircraft
- 8.5.3.1.4. Electric Aircraft
- 8.5.3.1.5. Unmanned Aerial Vehicles
- 8.5.3.1.6. Helicopters
- 8.5.4. Russia
- 8.5.4.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.4.1.1. Commercial Aircraft
- 8.5.4.1.2. General Aviation Aircraft
- 8.5.4.1.3. Business Aircraft
- 8.5.4.1.4. Electric Aircraft
- 8.5.4.1.5. Unmanned Aerial Vehicles
- 8.5.4.1.6. Helicopters
- 8.5.5. Rest of Europe
- 8.5.5.1. Market Analysis, Insights and Forecast – By Platform
- 8.5.5.1.1. Commercial Aircraft
- 8.5.5.1.2. General Aviation Aircraft
- 8.5.5.1.3. Business Aircraft
- 8.5.5.1.4. Electric Aircraft
- 8.5.5.1.5. Unmanned Aerial Vehicles
- 8.5.5.1.6. Helicopters
- 9. Asia pacific Aviation High Speed Motor Market Analysis, Insights and Forecast, 2017-2028
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. AC Motor
- 9.2.2. DC Motor
- 9.3. Market Analysis, Insights and Forecast – By Platform
- 9.3.1. Commercial Aircraft
- 9.3.2. General Aviation Aircraft
- 9.3.3. Business Aircraft
- 9.3.4. Electric Aircraft
- 9.3.5. Unmanned Aerial Vehicles
- 9.3.6. Helicopters
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Propulsion System
- 9.4.2. Flight Control System
- 9.4.3. Fuel Management System
- 9.5. Market Analysis – By Country
- 9.5.1. China
- 9.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.1.1.1. Commercial Aircraft
- 9.5.1.1.2. General Aviation Aircraft
- 9.5.1.1.3. Business Aircraft
- 9.5.1.1.4. Electric Aircraft
- 9.5.1.1.5. Unmanned Aerial Vehicles
- 9.5.1.1.6. Helicopters
- 9.5.2. India
- 9.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.2.1.1. Commercial Aircraft
- 9.5.2.1.2. General Aviation Aircraft
- 9.5.2.1.3. Business Aircraft
- 9.5.2.1.4. Electric Aircraft
- 9.5.2.1.5. Unmanned Aerial Vehicles
- 9.5.2.1.6. Helicopters
- 9.5.3. Japan
- 9.5.3.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.3.1.1. Commercial Aircraft
- 9.5.3.1.2. General Aviation Aircraft
- 9.5.3.1.3. Business Aircraft
- 9.5.3.1.4. Electric Aircraft
- 9.5.3.1.5. Unmanned Aerial Vehicles
- 9.5.3.1.6. Helicopters
- 9.5.4. South Korea
- 9.5.4.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.4.1.1. Commercial Aircraft
- 9.5.4.1.2. General Aviation Aircraft
- 9.5.4.1.3. Business Aircraft
- 9.5.4.1.4. Electric Aircraft
- 9.5.4.1.5. Unmanned Aerial Vehicles
- 9.5.4.1.6. Helicopters
- 9.5.5. Rest of Asia Pacific
- 9.5.5.1. Market Analysis, Insights and Forecast – By Platform
- 9.5.5.1.1. Commercial Aircraft
- 9.5.5.1.2. General Aviation Aircraft
- 9.5.5.1.3. Business Aircraft
- 9.5.5.1.4. Electric Aircraft
- 9.5.5.1.5. Unmanned Aerial Vehicles
- 9.5.5.1.6. Helicopters
- 10. Rest of the World Aviation High Speed Motor Market Analysis, Insights and Forecast, 2017-2028
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. AC Motor
- 10.2.2. DC Motor
- 10.3. Market Analysis, Insights and Forecast – By Platform
- 10.3.1. Commercial Aircraft
- 10.3.2. General Aviation Aircraft
- 10.3.3. Business Aircraft
- 10.3.4. Electric Aircraft
- 10.3.5. Unmanned Aerial Vehicles
- 10.3.6. Helicopters
- 10.4. Market Analysis, Insights and Forecast – By Application
- 10.4.1. Propulsion System
- 10.4.2. Flight Control System
- 10.4.3. Fuel Management System
- 10.5. Market Analysis – By Region
- 10.5.1. The Middle East and Africa
- 10.5.1.1. Market Analysis, Insights and Forecast – By Platform
- 10.5.1.1.1. Commercial Aircraft
- 10.5.1.1.2. General Aviation Aircraft
- 10.5.1.1.3. Business Aircraft
- 10.5.1.1.4. Electric Aircraft
- 10.5.1.1.5. Unmanned Aerial Vehicles
- 10.5.1.1.6. Helicopters
- 10.5.2. Latin America
- 10.5.2.1. Market Analysis, Insights and Forecast – By Platform
- 10.5.2.1.1. Commercial Aircraft
- 10.5.2.1.2. General Aviation Aircraft
- 10.5.2.1.3. Business Aircraft
- 10.5.2.1.4. Electric Aircraft
- 10.5.2.1.5. Unmanned Aerial Vehicles
- 10.5.2.1.6. Helicopters
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis (2020)
- 11.2. Competition Dashboard
- 11.3. Comparative Analysis – Major Players
- 11.4. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 11.4.1. MagniX (The U.S.)
- 11.4.1.1. Overview,
- 11.4.1.2. Products & services,
- 11.4.1.3. SWOT analysis,
- 11.4.1.4. Recent developments,
- 11.4.1.5. strategies,
- 11.4.1.6. financials (based on availability)
- 11.4.2. Pipistrel (Slovenia)
- 11.4.2.1. Overview,
- 11.4.2.2. Products & services,
- 11.4.2.3. SWOT analysis,
- 11.4.2.4. Recent developments,
- 11.4.2.5. strategies,
- 11.4.2.6. financials (based on availability)
- 11.4.3. Safran Electrical & Power (France)
- 11.4.3.1. Overview,
- 11.4.3.2. Products & services,
- 11.4.3.3. SWOT analysis,
- 11.4.3.4. Recent developments,
- 11.4.3.5. strategies,
- 11.4.3.6. financials (based on availability)
- 11.4.4. Meggit PLC (The U.K.)
- 11.4.4.1. Overview,
- 11.4.4.2. Products & services,
- 11.4.4.3. SWOT analysis,
- 11.4.4.4. Recent developments,
- 11.4.4.5. strategies,
- 11.4.4.6. financials (based on availability)
- 11.4.5. Siemens (Germany)
- 11.4.5.1. Overview,
- 11.4.5.2. Products & services,
- 11.4.5.3. SWOT analysis,
- 11.4.5.4. Recent developments,
- 11.4.5.5. strategies,
- 11.4.5.6. financials (based on availability)
- 11.4.6. Allied Motion Technologies (The U.S.)
- 11.4.6.1. Overview,
- 11.4.6.2. Products & services,
- 11.4.6.3. SWOT analysis,
- 11.4.6.4. Recent developments,
- 11.4.6.5. strategies,
- 11.4.6.6. financials (based on availability)
- 11.4.7. ARC Systems Inc. (The U.S.)
- 11.4.7.1. Overview,
- 11.4.7.2. Products & services,
- 11.4.7.3. SWOT analysis,
- 11.4.7.4. Recent developments,
- 11.4.7.5. strategies,
- 11.4.7.6. financials (based on availability)
- 11.4.8. NEMA Ltd. (The U.K.)
- 11.4.8.1. Overview,
- 11.4.8.2. Products & services,
- 11.4.8.3. SWOT analysis,
- 11.4.8.4. Recent developments,
- 11.4.8.5. strategies,
- 11.4.8.6. financials (based on availability)
- 11.4.9. Windings Inc. (The U.S.)
- 11.4.9.1. Overview,
- 11.4.9.2. Products & services,
- 11.4.9.3. SWOT analysis,
- 11.4.9.4. Recent developments,
- 11.4.9.5. strategies,
- 11.4.9.6. financials (based on availability)
- 11.4.10. H3X Technologies Inc. (The U.S.)
- 11.4.10.1. Overview,
- 11.4.10.2. Products & services,
- 11.4.10.3. SWOT analysis,
- 11.4.10.4. Recent developments,
- 11.4.10.5. strategies,
- 11.4.10.6. financials (based on availability)
- 11.4.11. EMRAX d.o.o. (Slovenia)
- 11.4.11.1. Overview,
- 11.4.11.2. Products & services,
- 11.4.11.3. SWOT analysis,
- 11.4.11.4. Recent developments,
- 11.4.11.5. strategies,
- 11.4.11.6. financials (based on availability)
- 11.4.12. MGM COMPRO (Czechia)
- 11.4.12.1. Overview,
- 11.4.12.2. Products & services,
- 11.4.12.3. SWOT analysis,
- 11.4.12.4. Recent developments,
- 11.4.12.5. strategies,
- 11.4.12.6. financials (based on availability)
- 11.4.13. Xoar International LLC (The U.S.)
- 11.4.13.1. Overview,
- 11.4.13.2. Products & services,
- 11.4.13.3. SWOT analysis,
- 11.4.13.4. Recent developments,
- 11.4.13.5. strategies,
- 11.4.13.6. financials (based on availability)
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