More Electric Aircraft Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     Global More Electric 
Aircraft Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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are at  the top of  the company’s  exper t ise.
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las t ing resul ts .
Acco r d ing  t o  t he  l a t es t  r e po r t  by  I M ARC  G r oup ,  t i t l e d  " M or e  E l ec t r i c  A i rc r a f t  
M ar ke t :  G l ob a l  I ndu st ry  T rend s ,  Shar e ,  S i ze ,  G row t h ,  O pp or t u n i t y  and  Fo rec as t  
2024 - 203 2 , "  t he  g lob a l  m or e  e lec t r i c  a i r c r a f t  m ar k e t  s i ze  r eac hed  U S$  2 . 2  B i l l i on  i n  
2023 .
Report M or e  e le c t r i c  a i r c r a f t  ( M E A) inv o l ves  t he  g r adua l  r ep la cem en t  o f  t r ad i t i ona l  hyd r a u l i c  and  p neum at i c  p ower  w i t h  adv anced  e lec t r i ca l  sy s t em s .  Th is  a ids  i n  t he  r e duc t io n  o f  
f ue l  consu m pt io n ,  a i r c r a f t  m a ss ,  assem b l i ng  cos t s ,  m a in t e nance  cos t s  a nd  
Highlight and g r ee nhou se  g as  em iss ions .  The  eng in es  o f  t h ese  sys t e m s  a l so  p r ov id e  po wer  t o  
sha f t - d r i ven  g ene r a t o r s  t o  power  t he  r equ i r em en t s  o f  a n  a i r p lane  sys t em .  
Num er ous  f un c t i on s ,  i n c lud ing  de - i c i ng ,  eng ine  s t a r t i n g ,  p r ess u r i za t i on ,  f l i gh t  
Description con t r o l s  and  ac t ua t i on  o f  t he  l and i ng  g ea r ,  a r e  w ide l y  e l ec t r i f i ed  t o  m ak e  t h em  
ene r gy  e f f i c i en t .  Th ese  sys t em s  a r e  ex t e ns i ve l y  u t i l i zed  b y  end  us e r s  as  t hey  a r e  
no t  o n l y  su s t a ina b le  i n  n a t u r e  bu t  a l so  r esu l t  i n  m in im a l  no i s e  po l l u t io n  and  ca r bon  
em i ss ions .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / m o r e - e l ec t r i c - a i r c r a f t - m ar ke t / r eques t sa m p le
Report Description
G l ob a l  M ore  E l ec t r i c  A i rc ra f t  M ar ke t  T rend s :
The  g lob a l  m ar ke t  i s  p r im ar i l y  d r i ve n  by  cons ide r a b le  g r o w t h  i n  t h e  av ia t i on  sec t o r .  The r e  has  b een  a  r i s i ng  need  f o r  
op t im iza t i on  t o  im p r o ve  a i r c r a f t  p e r f o r m ance  t ha t  has  l ed  t o  t he  i nc r e as ing  ado p t i on  o f  M EA  ac r oss  t he  g lobe .  I t s  
u t i l i za t i on  a ids  i n  im p r ov in g  t he  r e l i ab i l i t y  o f  t he  s ys t em s  wh i l e  m in i m iz in g  op e r a t in g  an d  m a in t e nanc e  cos t s .  Add i t i ona l l y ,  
t he r e  ha s  b ee n  a  s ign i f i can t  r i se  i n  t h e  em p loym en t  o f  t ech no lo g i ca l l y  advan ced  power  e lec t r on i c s ,  i n c lud ing  f au l t -
t o le r an t  equ ip m en t ,  e lec t r o - hyd r os t a t i c  ac t u a t o r s  a nd  f l i gh t  con t r o l  sys t e m s  i n  M EA s ,  w h ich  i s  exp ec t e d  t o  p r ov i de  a n  
im pe t us  t o  t he  m a r ke t  g r ow t h .  
The  m a r ke t  i s  f u r t he r  d r i v en  by  t he  r i s i ng  i n t e g r a t i on  o f  M EA w i t h  adva nced  t e chno lo g ies  t o  enhan ce  f ue l  e f f i c i ency  an d  
a i r c r a f t  r e l i ab i l i t y  wh i l e  ensu r ing  m in im a l  depe nden cy  on  f os s i l  f ue l s .  S om e o f  t he  o t he r  f a c t o r s  c on t r i bu t i ng  t o  t he  m ar ke t  
g r ow t h  i nc lu de  t h e  g r o w ing  d em a nd  f o r  t he se  a i r c r a f t  f r om  t he  com m er c ia l  sec t o r ,  i nc r e as in g  adop t i on  o f  un m ann ed  ae r ia l  
veh i c les  ( UAV)  in  t he  de f ense  sec t o r ,  a nd  c on t i nu a l  r e sea r ch  an d  de ve lopm en t  ( R& D)  ac t i v i t i e s  con duc t ed  b y  key  p laye r s .
Look i ng  f o rw ard ,  t he  mark e t  i s  exp ec t ed  t o  g row  a t  a  CA G R o f  14 . 2% d ur i n g  20 24 - 20 32 .
V i ew  Repo r t  T O C,  F i g ures  and  T ab l e s :  h t t ps : / / w w w . i mar cgrou p . com / m ore - e l ec t r i c - a i rc r a f t - m ark e t
Application Insights:
• Air  Pressurizat ion and Condit ioning
• Confi gurat ion Management
• Fl ight Control  Operat ions Management
• Power Generat ion Management
• Power Distr ibut ion Management
Report • Others
Segmentation Technology Insights:
• Safety Systems and Advanced Mater ials
• Power Electronics
• Energy Storage Devices
• Thermal Management Systems
• Others
Aircraft Type Insights:
• Fixed Wing (Narrow Body/Wide Body/Very 
Large Body) Aircraft
• Rotary Wing Aircraft
• Unmanned Aerial  Vehicles
• Others
Report 
Segmentation Regional Insights:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Airbus SE
• Bombardier Inc.
• Honeywel l  International  Inc.
Competitive • Lockheed Martin Corporation
Landscape • Raytheon Technologies Corporation
• Rol ls-Royce Holdings Plc
with Key • Safran S.A.
Players • Thales Group
• The Boeing Company
• TTTech Computertechnik AG
• United Technologies Corporation
How has the global more electric aircraft market 
performed so far and how will it perform in the 
coming years?
What are the drivers, restraints, and opportunities 
in the global more electric aircraft market?
Key What is the impact of each driver, restraint, and opportunity on the global more electric aircraft 
market?
Questions 
Answered in What are the key regional markets?
the Report
Which countries represent the most attractive 
more electric aircraft markets?
What is the breakup of the market based on the 
application?
Which is the most attractive application in the 
more electric aircraft market?
What is the breakup of the market based on 
technology?
Which is the most attractive technology in the more 
electric aircraft market?
What is the breakup of the market based on the 
Key aircraft type?
Questions Which is the most attractive aircraft type in the more electric aircraft market?
Answered in What is the competitive structure of the global 
more electric aircraft market?
the Report
Who are the key players/companies in the global 
more electric aircraft market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  M o r e  E l e c t r i c  A i r c r a f t  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    6 . 1     A i r  P r e s s u r i z a t i o n  a n d  C o n d i t i o n i n g
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     C o n f i g u r a t i o n  M a n a g e m e n t
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     F l i g h t  C o n t r o l  O p e r a t i o n s  M a n a g e m e n t
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
      6 . 4       Po w e r  G e n e r a t i o n  M a n a g em en t
            6 . 4 .1  M a r ke t  Tren d s
            6 . 4 .2  M a r ke t  Fo rec a s t
      6 .5       Po w e r  D i s t r i b u t i o n  M a n a g em en t
            6 . 5 .1  M a r ke t  Tren d s
            6 . 5 .2  M a r ke t  Fo rec a s t
      6 .6       O t h e r s
            6 . 6 .1  M a r ke t  Tren d s
            6 . 6 .2  M a r ke t  Fo rec a s t
7     Market  B reakup  by  Tec hno logy
      7 .1       Sa fe t y  S y s t em s  a n d  Ad v a n ced  M a t e r i a l s
Table of             7 . 1 .1  M a r ke t  Tren d s            7 . 1 .2  M a r ke t  Fo rec a s t
      7 .2       Po w e r  E l e c t ro n i c s
            7 . 2 .1  M a r ke t  Tren d s
Contents             7 . 2 .2  M a r ke t  Fo rec a s t      7 .3       E n e rg y  S t o r a ge  De v i c es
            7 . 3 .1  M a r ke t  Tren d s
            7 . 3 .2  M a r ke t  Fo rec a s t
      7 .4       T h e rm a l  M a n a g em en t  S y s t e m s
            7 . 4 .1  M a r ke t  Tren d s
            7 . 4 .2  M a r ke t  Fo rec a s t
      7 .5       O t h e r s
            7 . 5 .1  M a r ke t  Tren d s
            7 . 5 .2  M a r ke t  Fo rec a s t
8     Market  B reakup  by  A i rc ra f t  Type
      8 .1       Fi xe d  Win g  ( N a r ro w  B o d y / Wid e  B o d y / Ve r y  L a rg e  B o d y )  
A i rc r a f t
            8 . 1 .1  M a r ke t  Tren d s
            8 . 1 .2  M a r ke t  Fo rec a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / m o re - e l e c t r i c - a i rc r a f t - m a r ke t / t o c
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