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Electrification to Spark Growth of Global Aircraft Electric Power Systems Market
SANTA CLARA, Calif., Dec. 17, 2020 /PRNewswire/ Frost & Sullivan s recent analysis,
Industry Convergence Boosting the Global Aircraft Electric Power Systems Market, finds that increasing demand for electric aircraft, changes in global fleet composition, and surging demand for new aircraft from emerging economies are prominent factors driving the global aircraft electric power systems (EPS) market. EPS ensure power generation, conversion, and distribution of electricity throughout the aircraft, as well as energy storage and motorization. The market is estimated to return to its pre-pandemic size and stability after 2024 when it is expected to reach