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BANGALORE, India, May 7, 2021 /PRNewswire/
More Electric Aircraft Market by Aircraft System (Propulsion System and Airframe System), Application (Power Generation, Power Distribution, Power Conversion, and Energy Storage), and Aircraft Type (Fixed-wing and Rotary-wing), and End User (Civil and Military). This report is published on
Valuates Reports in the
Autos & Vehicles Category.
The global More Electric Aircraft Market valued USD 1,809.20 million in 2019 and is projected to reach USD 4,612.69 million in 2027, registering a CAGR of 15.5%.
Major factors driving the growth of more electric aircraft market are:
Growing demand for high-performance fuel-efficient aircraft and an increase in demand for less polluting aircraft
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 sy ....

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