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Aircraft Electric Motor Global Market Report 2022: Ukraine-Russia War Impact

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    Report

  • 175 Pages
  • December 2022
  • Region: Global
  • The Business Research Company
  • ID: 5709783
Major players in the aircraft electric motor market are ltra Industrial Motion Corporation, Moog Inc., Meggitt PLC, Allied Motion Inc., Ametek Inc., Arc Systems Inc., Magneto Aero Dynamics, MagniX, H3X Technologies Inc., Emrax d.o.o, Woodward Inc., Windings Inc., Xoar International LLC, Yasa Ltd., Rolls-Royce PLC.

The global aircraft electric motor market is expected to grow from $6.92 billion in 2021 to $7.65 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The aircraft electric motor market is expected to grow to $10.35 billion in 2026 at a CAGR of 7.8%.

The aircraft electric motors market consists of sales of coils, magnetic flux, cobalt steel alloy stator, ball bearings, carbon fibre plates. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Aircraft electric motors is motor powered by electricity through a battery. Electric motors use electromagnetic forces to move. The magnetic forces cause the electromagnet inside an electric motor to spin. The battery that powers an aircraft motor includes stacks of thin lithium-polymer cells.

North America was the largest region in the aircraft electric motor market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft electric motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The main types of aircraft electric motor are AC motor and DC motor. An AC motor is an electric motor driven by an alternating current. It consists of two basic parts, an outside stator having coils supplied with alternating current to produce a rotating magnetic field, and an inside rotor attached to the output shaft producing a second rotating magnetic field. The various types of aircraft involved are fixed wing, rotary wing, unmanned aerial vehicles, and advanced air mobility. The various torque involved are up to 1 nm, 1-50 nm, 50-200 nm, and above 200 nm with the output power of up to 10 kW, 10-200 kW, and above 200 kW. The several applications include propulsion system, flight control system, environmental control system, engine control system, avionics system, door actuation system, landing, and braking system, cabin interior system, and others.

Expansion of the aviation industry is expected to propel the growth of the aircraft electric motor market going forward. The aviation industry includes virtually all facets of air transport as well as the activities that support it. It covers the entire airline sector as well as the manufacture of aircraft, research organizations, military aviation, and much more. Electric aircraft are being used in the aviation industry. These aircraft served as test beds for years with minimal payload and scant range. The number of electric aircraft projects has skyrocketed recently and commercial electric flights seem to be just around the corner. Therefore, the expansion of the aviation industry would also expand the electric aircraft which would lead to an increase in the demand for aircraft electric motors. For instance, in 2022, according to Air Transport Action Group (ATAG), a Switzerland-based coalition of aviation industry experts focusing on sustainable development issues, over the next 20 years the demand for air travel is anticipated to grow by an average of 3% year and by 2038 the aviation sector would support 13.7 million direct jobs and $1.7 trillion in global GDP. Therefore, the expansion of the aviation industry is expected to drive the demand in the aircraft electric motor market.

Technological advancement is the key trend gaining popularity in the aircraft electric motor market. Major companies operating in the aircraft electric motor market are focused on developing technologically advanced products to strengthen their market position. For instance, in July 2022, Collins Aerospace, a US-based supplier of aerospace and defense products developed the first functional prototype of its 500-kilowatt electric motor that is appropriate for the Airlander 10 aircraft. Hybrid-electric operation for Airlander 10 is expected to start in 2026, followed by an all-electric, zero-emission operation in 2030. In order to do this, Collins' 500-kilowatt electric motors will be installed in place of the aircraft's four fuel-burning engines, starting with the two forward engines in 2026 and the two rear engines in 2030.

In March 2022, Textron Inc, a US-based industrial conglomerate acquired Pipistrel for a deal amount of $242 million. With this acquisition, Textron is expected to acquire 90% of Pipistrel's ownership and would significantly speed up the development of the fixed wing and VTOL (vertical take-off and landing) portions of electric aircraft. Pipistrel is a Europe-based company that manufactures light aircrafts.

The countries covered in the aircraft electric motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The aircraft electric motor market research report is one of a series of new reports that provides Aircraft electric motor market statistics, including aircraft electric motor industry global market size, regional shares, competitors with aircraft electric motor market share, detailed Aircraft electric motor market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft electric motor industry. This aircraft electric motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry



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Frequently Asked Questions about the Global Aircraft Electric Motor Market

What is the estimated value of the Global Aircraft Electric Motor Market?

The Global Aircraft Electric Motor Market was estimated to be valued at $7.65 billion in 2022.

What is the growth rate of the Global Aircraft Electric Motor Market?

The growth rate of the Global Aircraft Electric Motor Market is 7.8%, with an estimated value of $10.35 billion by 2026.

What is the forecasted size of the Global Aircraft Electric Motor Market?

The Global Aircraft Electric Motor Market is estimated to be worth $10.35 billion by 2026.

Who are the key companies in the Global Aircraft Electric Motor Market?

Key companies in the Global Aircraft Electric Motor Market include ltra Industrial Motion Corporation, Moog Inc., Meggitt PLC, Allied Motion Inc., Ametek Inc., Arc Systems Inc., Magneto Aero Dynamics, MagniX and Emrax d.o.o.

Table of Contents

1. Executive Summary2. Aircraft Electric Motor Market Characteristics3. Aircraft Electric Motor Market Trends And Strategies
4. Aircraft Electric Motor Market - Macro Economic Scenario
4.1. COVID-19 Impact On Aircraft Electric Motor Market
4.2. Ukraine-Russia War Impact On Aircraft Electric Motor Market
4.3. Impact Of High Inflation On Aircraft Electric Motor Market
5. Aircraft Electric Motor Market Size And Growth
5.1. Global Aircraft Electric Motor Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Aircraft Electric Motor Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Aircraft Electric Motor Market Segmentation
6.1. Global Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • AC Motor
  • DC Motor
6.2. Global Aircraft Electric Motor Market, Segmentation By Aircraft Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Fixed Wing
  • Rotary Wing
  • Unmanned Aerial Vehicles
  • Advanced Air Mobility
6.3. Global Aircraft Electric Motor Market, Segmentation By Torque, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Up to 1 Nm
1-50 Nm
50-200 Nm
  • Above 200 Nm
6.4. Global Aircraft Electric Motor Market, Segmentation By Output Power, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Up to 10 kW
10-200 kW
  • Above 200 kW
6.5. Global Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Propulsion System
  • Flight Control System
  • Environmental Control System
  • Engine Control System
  • Avionics System
  • Door Actuation System
  • Landing and Braking System
  • Cabin Interior System
  • Other Applications
7. Aircraft Electric Motor Market Regional And Country Analysis
7.1. Global Aircraft Electric Motor Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Aircraft Electric Motor Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Aircraft Electric Motor Market
8.1. Asia-Pacific Aircraft Electric Motor Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Aircraft Electric Motor Market
9.1. China Aircraft Electric Motor Market Overview
9.2. China Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Aircraft Electric Motor Market
10.1. India Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Aircraft Electric Motor Market
11.1. Japan Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Aircraft Electric Motor Market
12.1. Australia Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Aircraft Electric Motor Market
13.1. Indonesia Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Aircraft Electric Motor Market
14.1. South Korea Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Aircraft Electric Motor Market
15.1. Western Europe Aircraft Electric Motor Market Overview
15.2. Western Europe Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Aircraft Electric Motor Market
16.1. UK Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Aircraft Electric Motor Market
17.1. Germany Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Aircraft Electric Motor Market
18.1. France Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Aircraft Electric Motor Market
19.1. Eastern Europe Aircraft Electric Motor Market Overview
19.2. Eastern Europe Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Aircraft Electric Motor Market
20.1. Russia Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Aircraft Electric Motor Market
21.1. North America Aircraft Electric Motor Market Overview
21.2. North America Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Aircraft Electric Motor Market
22.1. USA Aircraft Electric Motor Market Overview
22.2. USA Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Aircraft Electric Motor Market
23.1. South America Aircraft Electric Motor Market Overview
23.2. South America Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Aircraft Electric Motor Market
24.1. Brazil Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Aircraft Electric Motor Market
25.1. Middle East Aircraft Electric Motor Market Overview
25.2. Middle East Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Aircraft Electric Motor Market
26.1. Africa Aircraft Electric Motor Market Overview
26.2. Africa Aircraft Electric Motor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Aircraft Electric Motor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Aircraft Electric Motor Market Competitive Landscape And Company Profiles
27.1. Aircraft Electric Motor Market Competitive Landscape
27.2. Aircraft Electric Motor Market Company Profiles
27.2.1. ltra Industrial Motion Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Moog Inc.
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Meggitt PLC
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Allied Motion Inc.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Ametek Inc.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Aircraft Electric Motor Market29. Aircraft Electric Motor Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer

Executive Summary

Aircraft Electric Motor Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global aircraft electric motor market.

This report focuses on aircraft electric motor market which is experiencing strong growth. The report gives a guide to the aircraft electric motor market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
  • Impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the aircraft electric motor? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Aircraft Electric Motor market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider aircraft electric motor market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Our forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of covid 19 on supply chains and consumption patterns.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The aircraft electric motor market section of the report gives context. It compares the aircraft electric motor market with other segments of the aircraft electric motor market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, aircraft electric motor indicators comparison.

Scope

Markets Covered:

1) By Type: AC Motor; DC Motor
2) By Aircraft Type: Fixed Wing; Rotary Wing; Unmanned Aerial Vehicles; Advanced Air Mobility
3) By Torque: Up to 1 Nm; 1-50 Nm; 50-200 Nm; Above 200 Nm
4) By Output Power: Up to 10 kW; 10-200 kW; Above 200 kW
5) By Application: Propulsion System; Flight Control System; Environmental Control System; Engine Control System; Avionics System; Door Actuation System; Landing and Braking System; Cabin Interior System; Other Applications

Companies Mentioned: ltra Industrial Motion Corporation; Moog Inc., Woodward Inc.; Meggitt PLC, Rolls Royce PLC; Allied Motion, Inc.; Ametek Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ltra Industrial Motion Corporation
  • Moog Inc.
  • Meggitt PLC
  • Allied Motion Inc.
  • Ametek Inc.
  • Arc Systems Inc.
  • Magneto Aero Dynamics
  • MagniX
  • H3X Technologies Inc.
  • Emrax d.o.o
  • Woodward Inc.
  • Windings Inc.
  • Xoar International LLC
  • Yasa Ltd.
  • Rolls-Royce PLC.

Methodology

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