Aircraft Electric Motors Market Size, Share, Trends and Report | 2034

Automobile Jan 31, 2025 10 Add to Reading List

Aircraft Electric Motors Market Outlook

According to the latest report by Expert Market Research (EMR), the global aircraft electric motors market size reached a value of USD 9.44 billion in 2024. Driven by the rapid advancements in aviation technology and the increasing demand for eco-friendly and energy-efficient aircraft systems, the market is projected to grow at a compound annual growth rate (CAGR) of 8.5% between 2025 and 2034, reaching a market value of USD 19.68 billion by 2034.

Aircraft electric motors are integral components in modern aviation, serving diverse roles, from driving electric propulsion systems to powering auxiliary systems in aircraft. The growing trend towards reducing carbon emissions and improving fuel efficiency, alongside rising investments in sustainable aviation technologies, is accelerating the adoption of electric motors in both commercial and military aircraft. With the aviation industry seeking alternatives to traditional combustion engines, electric motors are playing a pivotal role in shaping the future of aviation.

Technological Advancements and Innovation

Technological innovation has been a major driving force behind the growth of the global aircraft electric motors market. The development of more efficient and lightweight electric motors is essential to meeting the demanding requirements of aviation applications. As aviation companies seek to reduce fuel consumption and lower emissions, electric propulsion systems are becoming increasingly viable.

Recent advancements in battery technology, including the development of high-energy density lithium-ion batteries, are also contributing to the growth of the market. These battery systems, combined with lighter and more powerful electric motors, enable the development of electric-powered aircraft that are capable of shorter flight distances, making them an ideal solution for regional flights and short-haul travel.

In addition to reducing operational costs and carbon footprints, electric aircraft systems offer enhanced reliability and reduced maintenance requirements compared to traditional combustion engines. As the aviation industry continues to embrace these technologies, there is an increasing demand for electric motors to support both the main propulsion and auxiliary functions of the aircraft.

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Environmental and Regulatory Pressures

Environmental concerns and government regulations aimed at reducing greenhouse gas emissions have played a crucial role in driving the growth of the aircraft electric motors market. Governments across the globe are implementing stringent regulations to limit the carbon footprint of the aviation industry, leading to a shift towards sustainable technologies.

The International Air Transport Association (IATA) has set ambitious targets for the aviation industry, aiming for net-zero emissions by 2050. To meet these targets, electric motors are expected to play a central role in the transition towards greener aviation technologies. Many commercial aircraft manufacturers and airlines are already exploring the integration of electric propulsion systems in their fleets to comply with these regulatory pressures and to attract environmentally conscious passengers.

At the same time, national and international aviation bodies are providing incentives and subsidies for the development of electric propulsion technologies. These incentives are helping to accelerate the research and development (R&D) of electric motors that meet the safety, reliability, and performance standards of the aviation industry.

Key Drivers of Market Growth

Several key factors are driving the expansion of the aircraft electric motors market. These include:

Sustainability and Carbon Reduction: The growing emphasis on reducing aviation’s environmental impact is one of the primary drivers of the market. Electric motors, particularly when coupled with renewable energy sources, offer a promising solution to reduce carbon emissions in aviation.
Technological Developments in Electric Motors: Advances in electric motor technology, including improvements in power-to-weight ratios, efficiency, and durability, are contributing to the increased adoption of electric motors in aircraft. Moreover, innovations in power electronics, such as inverters and controllers, are making electric systems more viable for aviation applications.
Rising Fuel Costs: Fuel costs in the aviation industry continue to rise, prompting airlines and aircraft manufacturers to seek alternative solutions that offer cost savings. Electric motors, with their lower operating costs and minimal maintenance requirements, are becoming an attractive alternative to traditional jet engines.
Government Initiatives and Investments: Governments worldwide are investing heavily in the development of electric aircraft technologies, including electric motors. These investments aim to foster sustainable aviation solutions and encourage the adoption of electric propulsion systems in both commercial and military aircraft.
Growing Interest in Urban Air Mobility: The emergence of urban air mobility (UAM) concepts, such as electric vertical take-off and landing (eVTOL) aircraft, is fueling demand for electric motors. These aircraft, which are designed to operate in urban environments, rely on electric motors for their propulsion systems. The growing interest in UAM is expected to create new opportunities for the aircraft electric motors market.

Aircraft Electric Motors Market Segmentation

The market can be divided based on type, output power, aircraft type, application, sales channel, and region.

Market Breakup by Type

AC Motors
DC Motors

Market Breakup by Output Power

Less than 10 kW
10 to 200 kW
More than 200 kW

Market Breakup by Aircraft Type

Fixed Wing
Rotary Wing
Unmanned Aerial Vehicle
Advanced Air Mobility

Market Breakup by Application

Propulsion Systems
Flight Control Systems
Environmental Control System
Engine Control Systems
Avionics Systems
Door Actuation Systems
Landing and Braking Systems
Cabin Interior Systems
Other Systems

Market Breakup by Sales Channel

OEM
Aftermarket

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global aircraft electric motors companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Regal Rexnord Corporation
Allied Motion, Inc.
Rolls-Royce Holdings plc
Moog Inc.
Meggitt PLC.
Woodward Inc
Electromech Technologies
Mgm Compro
ARC Systems Inc.
Integral Powertrain Limited
Others

Challenges in the Market

Despite the significant growth potential, there are challenges that could hinder the widespread adoption of aircraft electric motors market. One of the primary concerns is the energy density of current battery technology. While electric motors themselves are efficient, the energy storage systems required to power them in commercial aircraft are still limited in terms of capacity and weight. This limitation restricts the range of electric aircraft and poses a challenge for long-haul flights.

Another challenge is the need for infrastructure development. Electric aircraft require specialized charging infrastructure at airports, which represents a significant investment for both public and private stakeholders. Additionally, the industry must address issues related to battery recycling and disposal to ensure the environmental sustainability of electric aircraft systems.

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