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Thursday, May 19, 2022

Global Aviation High Speed Motor Market To be Driven by The Burgeoning Air Taxi Business In the Forecast Period Of 2022-2027 

The new report by Expert Market Research titled, ‘Global
 Aviation High Speed Motor Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global aviation high speed motor market, assessing the market based on its segments such as types, platforms, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

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Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 5.5%

The aviation industry’s quest for cleaner modes of transportation with greater environmental performance is projected to drive the market. With the surge in demand for electric aircraft and unmanned aerial vehicles, the use of high-speed electric motors to propel aircraft is projected to expand (UAVs). The growing need for low-carbon aircraft engines has prompted aviation engine manufacturers to create and develop electric engines, which is expected to propel the market forward. Other major factors driving the growth of the aviation high speed motor market include increased procurement of new aircraft high speed motors to meet the rising demand for air travel, development of electric motors for commercial electric aircraft, and increased use of Unmanned Aerial Vehicles (UAVs) for military applications.

Industry Definition and Major Segments

The high-speed motor in an aircraft is utilised for a variety of flying purposes, including propulsion, flight control, transmission, and more. When compared to medium speed motors, these motors have a higher power density and lower power voltage. They are employed in aircraft systems.

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By type, the market is segmented into:

• Direct Current (DC) Motor
• Alternating Current (AC) Motor

Based on platform, the market is divided into:

• Helicopter
• Electric Aircraft
• Commercial aircraft
• Business Aircraft
• General Aviation aircraft
• Others

By application, the market is classified into:

• Flight Control
• Propulsion System
• Fuel Management System
• Others

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific 
• Latin America 
• Middle East and Africa

Market Trends

The increase in demand for Unmanned Aerial Vehicles (UAVs) & electric Vertical Takeoff and Landing (eVTOL) aircraft in the commercial aviation industry and the development of electrically powered aeroplanes are the major drivers of the aviation high speed motor market growth. The robust presence of large aircraft manufacturers, such as The Boeing Company and Bombardier, are driving the market growth. Various companies have been making enormous investments in developing next-generation aircraft engines. Aviation high-speed motor systems are expected to play a central role in providing the necessary propulsion power to these electric-based aeroplanes due to their reliability and ability to work in conjunction with electrical units, thereby propelling the market growth.

Key Market Players

The major players in the market are Xoar International LLC, EMRAX d.o.o., Windings, Inc., Meggitt PLC, H3X Technologies Inc., and MGM COMPRO, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1,000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Media Contact

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Contact Person:- Irene Garcia, Business Consultant
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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