The market for electric aircraft is expanding rapidly and will continue to do so over the next years. Electric motors, which are used to power electric aircraft, can be powered by a variety of sources, including batteries, solar cells, fuel cells, power beaming, and ground power lines. Additionally, electric aeroplanes hold great promise for reducing problems with pollution of the air, noise, and toxic emissions. Electric motors also offer reduced operating and maintenance costs. These potential advantages of electric aircraft increase their adoption over those powered by fuel. Additionally, electric aircraft use cleaner, battery-powered electricity instead of petrochemicals.
Fuel may be saved by converting aeroplanes to electric propulsion utilising fuel cells by producing energy with efficiency. The aircraft's braking, landing, and ground taxiing may all be done using electric propulsion from fuel cells when the main engines are not functioning. Electric and hybrid-electric aircraft propulsion are quickly revolutionising mobility technology. The issue of reducing greenhouse gas emissions from aviation has received a lot of attention.
Segmental Analysis of Global Aircraft Electrification Market:
Based on Component
- Batteries
- Power Electronics
- Electric Pumps
- Generators
- Fuel Cells
- Solar Cells
- Electric Actuators
- Motors
- Distribution Devices
Based on Technology
- Fully Electric
- More Electric
- Hybrid Electric
Based on Application
- Power Generation
- Energy Store
- Power Distribution
- Power Conservation
Based on Platform
- Fixed Wing
- Advanced Air Mobility
- Unmanned Aerial Vehicles
- Rotary Wing
Based on System
- Landing Gear System
- Propulsion System
- Environmental Control System
- Flight Control System
- Thrust Reverser System
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Top Key Players:-
- Safran
- Ampaire
- Thales Group
- Raytheon Technologies
- GE Aviation
- Zunum Aero
- Bye Aerospace
- Eviation
- Electroflight
- Radiant Power Corporation
- Meggitt PLC
- Equator Aircraft
- H3X Technologies
- MagniX
- AMETEK Inc.
- Joby Aviation
- Rolls-Royce
- Pipistrel
- BAE Systems
- Beta Technologies
- Heart Aerospace
- Airbus
- Siemens
- Hartzell Engine Technologies LLC
- PBS AEROSPACE
- EaglePicher Technologies
- Nabtesco Corporation
- Wright Electric
- ZeroAvia
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