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Aircraft DC-DC Converter Market worth $1 7 billion by 2030 - Exclusive Report by MarketsandMarkets
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Global commercial aviation industry looks to more electric aircraft
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NEW YORK, April 1, 2021 /PRNewswire/
The sound navigation and ranging (SONAR) system market is expected to grow by USD 1.14 billion with a CAGR of almost 7% during 2021-2025, according to a new research report by Technavio. The report also highlights the COVID-19 pandemic impact on the market along with detailed insights on the upcoming growth opportunities and challenges for the market players.
Technavio has announced its latest market research report titled Sound Navigation and Ranging (SONAR) System Market by Type, Application, and Geography - Forecast and Analysis 2021-2025
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Sound navigation and ranging (SONAR) system market: Growing preference for deploying integrated SONAR system.
th Annual Electric Vertical Takeoff and Landing (eVTOL) Symposium and 9
th Annual Autonomous VTOL Technical Meeting taking place Jan. 26-28, 2021.
In addition to sponsoring the virtual event, CarlisleIT will showcase its high-voltage expertise and product offerings for advanced air mobility applications.
Technical experts from industry, academia and government will gather at the eVTOL Symposium and Technical Meeting to share knowledge and collaborate on how to bring the next generation of air mobility to market. Tom Turner, Product Manager, Power and Grounding for CarlisleIT, will participate in a sponsored Technical Talk on Thursday, January 28 at 12:00 p.m. MST in which attendees will learn how the Partial Discharge Phenomenon can stall an eVTOL project as well as how to address this challenge in the manufacturing process. This session is one of several discussions and presentations focused on electric and hybrid electric VTOL aircraft for urban air mobility.
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The global more electric aircraft market is estimated to be USD 1,504 million in 2020 and is projected to reach USD 3,359 million by 2025, at a CAGR of 17.4% during the forecast period.
Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power generation and conversion systems have fueled the adoption of MEA.
The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic as well as international flights across countries, resulting in the sudden decrease in the air traffic. This is expected to negatively impact the more electric aircraft market in the short term; slow recovery is expected in Q1 of 2021. The aviation industry could take 2-3 years to recover from the financial effects of COVID-19, leading to lower air travels and p
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