PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1525306
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1525306
Global Aviation High Speed Motor Market Size Study, by Type, by Platform, by Application and Regional Forecasts 2022-2032
The Global Aviation High Speed Motor Market was valued at approximately USD 2.85 billion in 2023 and is expected to grow with a healthy growth rate of 5.72% over the forecast period 2024-2032. Aviation high speed motors are pivotal for various flight applications, such as propulsion, flight control, and transmission, due to their high-power density and lower power voltage compared to medium speed motors. The increasing demand for electric aircraft and unmanned aerial vehicles (UAVs) is driving the adoption of high-speed electric motors in aviation, as these motors are essential for powering advanced aircraft systems. Additionally, the growing emphasis on reducing the carbon footprint has propelled aircraft engine manufacturers to innovate and develop electric engines, significantly contributing to market growth.
The growing demand for unmanned aerial vehicles (UAVs) and electric vertical takeoff and landing (eVTOL) aircraft is significantly driving the aviation high-speed motor market. UAVs are increasingly utilized in diverse applications such as surveillance, agriculture, and logistics, necessitating advanced, reliable high-speed motors to enhance performance and efficiency. Simultaneously, the burgeoning eVTOL aircraft sector, poised to revolutionize urban air mobility with its promise of efficient, eco-friendly transport, relies heavily on high-speed motors for propulsion systems. These motors are critical for achieving the speed, maneuverability, and energy efficiency required in eVTOL operations. Innovations in electric propulsion technologies, coupled with significant investments in the aerospace sector, are further propelling the demand for high-speed motors. The push for greener, more efficient aviation solutions underscores the essential role of high-speed motors in meeting the evolving needs of modern aerial transportation.
The key region in the Global Aviation High Speed Motor Market includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2023, North America dominates the aviation high-speed motor market, driven by its advanced aerospace industry and robust research and development capabilities. The region's strong presence of leading aircraft manufacturers and technology innovators fuels the demand for high-speed motors in both commercial and defense applications. The increasing adoption of unmanned aerial vehicles (UAVs) and the development of electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility further bolster market growth. Additionally, significant investments in green aviation technologies and supportive government policies enhance the region's market leadership. North America's focus on enhancing aircraft performance, efficiency, and sustainability ensures its dominant position in the global aviation high-speed motor market. Furthermore, the Asia Pacific region expected to witness the fastest CAGR during the forecast period 2024-2032.
Major market players included in this report are:
- MagniX (The U.S.)
- Pipistrel (Slovenia)
- Safran Electrical & Power (France)
- Meggitt PLC (The U.K.)
- Siemens (Germany)
- Allied Motion Technologies (The U.S.)
- ARC Systems Inc. (The U.S.)
- NEMA Ltd. (The U.K.)
- Windings Inc. (The U.S.)
- H3X Technologies Inc. (The U.S.)
- EMRAX d.o.o. (Slovenia)
- MGM COMPRO (Czechia)
- Xoar International LLC (The U.S.)
The detailed segments and sub-segment of the market are explained below:
By Type
- AC Motor
- DC Motor
By Platform
- Commercial Aircraft
- General Aviation Aircraft
- Business Aircraft
- Electric Aircraft
- Unmanned Aerial Vehicles
- Helicopters
By Application
- Propulsion System
- Flight Control
- Fuel Management System
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Aviation High Speed Motor Market Executive Summary
- 1.1. Global Aviation High Speed Motor Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Platform
- 1.3.3. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Aviation High Speed Motor Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Aviation High Speed Motor Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increasing Procurement of New Aircraft
- 3.1.2. Growing Demand for UAVs and eVTOL Aircraft
- 3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices from China
- 3.2.2. Impact of COVID-19 Pandemic
- 3.3. Market Opportunities
- 3.3.1. Development of Electric Motors for Commercial Aircraft
- 3.3.2. Technological Advancements and R&D Investments
Chapter 4. Global Aviation High Speed Motor Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Aviation High Speed Motor Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Aviation High Speed Motor Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. AC Motor
- 5.2.2. DC Motor
Chapter 6. Global Aviation High Speed Motor Market Size & Forecasts by Platform 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Aviation High Speed Motor Market: Platform Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Commercial Aircraft
- 6.2.2. General Aviation Aircraft
- 6.2.3. Business Aircraft
- 6.2.4. Electric Aircraft
- 6.2.5. Unmanned Aerial Vehicles
- 6.2.6. Helicopters
Chapter 7. Global Aviation High Speed Motor Market Size & Forecasts by Application 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Aviation High Speed Motor Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Propulsion System
- 7.2.2. Flight Control
- 7.2.3. Fuel Management System
Chapter 8. Global Aviation High Speed Motor Market Size & Forecasts by Region 2022-2032
- 8.1. North America Aviation High Speed Motor Market
- 8.1.1. U.S. Aviation High Speed Motor Market
- 8.1.1.1. Type breakdown size & forecasts, 2022-2032
- 8.1.1.2. Platform breakdown size & forecasts, 2022-2032
- 8.1.1.3. Application breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Aviation High Speed Motor Market
- 8.1.1. U.S. Aviation High Speed Motor Market
- 8.2. Europe Aviation High Speed Motor Market
- 8.2.1. U.K. Aviation High Speed Motor Market
- 8.2.2. Germany Aviation High Speed Motor Market
- 8.2.3. France Aviation High Speed Motor Market
- 8.2.4. Spain Aviation High Speed Motor Market
- 8.2.5. Italy Aviation High Speed Motor Market
- 8.2.6. Rest of Europe Aviation High Speed Motor Market
- 8.3. Asia-Pacific Aviation High Speed Motor Market
- 8.3.1. China Aviation High Speed Motor Market
- 8.3.2. India Aviation High Speed Motor Market
- 8.3.3. Japan Aviation High Speed Motor Market
- 8.3.4. Australia Aviation High Speed Motor Market
- 8.3.5. South Korea Aviation High Speed Motor Market
- 8.3.6. Rest of Asia Pacific Aviation High Speed Motor Market
- 8.4. Latin America Aviation High Speed Motor Market
- 8.4.1. Brazil Aviation High Speed Motor Market
- 8.4.2. Mexico Aviation High Speed Motor Market
- 8.4.3. Rest of Latin America Aviation High Speed Motor Market
- 8.5. Middle East & Africa Aviation High Speed Motor Market
- 8.5.1. Saudi Arabia Aviation High Speed Motor Market
- 8.5.2. South Africa Aviation High Speed Motor Market
- 8.5.3. Rest of Middle East & Africa Aviation High Speed Motor Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Meggitt PLC
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Siemens
- 9.3.3. Allied Motion Technologies
- 9.3.4. ARC Systems Inc.
- 9.3.5. NEMA Ltd.
- 9.3.6. Windings Inc.
- 9.3.7. H3X Technologies Inc.
- 9.3.8. EMRAX d.o.o.
- 9.3.9. MGM COMPRO
- 9.3.10. Xoar International LLC
- 9.3.11. MagniX
- 9.3.12. Pipistrel
- 9.3.13. Safran Electrical & Power
- 9.3.1. Meggitt PLC
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
