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More Electric Aircraft Market Share

ID: MRFR//0737-CR | 110 Pages | Author: Swapnil Palwe| March 2018

Introduction: Navigating the Future of More Electric Aircraft

The competitive landscape for more electric aircraft is rapidly evolving, driven by technological advancements, regulatory imperatives, and shifting passenger expectations for sustainable travel. Original Equipment Manufacturers (OEMs) are racing to innovate with electric propulsion systems, while IT integrators are enhancing operational efficiencies through AI-based analytics and IoT connectivity. Infrastructure providers are investing in green charging solutions to support the electrification of aviation, and emerging AI startups are disrupting traditional paradigms with automation and biometrics that enhance passenger experience. As these players vie for market leadership, technology-driven differentiators such as real-time data analytics and sustainable practices are becoming critical in shaping competitive positioning. Furthermore, regional growth opportunities are emerging, particularly in Asia-Pacific and Europe, where regulatory frameworks are increasingly supportive of electric aviation initiatives. Strategic deployment trends for 2024โ€“2025 will focus on collaborative ecosystems that leverage these innovations to meet the demands of a more environmentally conscious market.

Competitive Positioning

Full-Suite Integrators

These vendors provide comprehensive solutions across multiple technology segments, enabling seamless integration for more electric aircraft.

VendorCompetitive EdgeSolution FocusRegional Focus
GE Aviation Leading in advanced propulsion systems Electric and hybrid propulsion systems Global
Honeywell International Inc. Diverse aerospace technology portfolio Avionics and power management systems North America, Europe, Asia
Raytheon Technologies Corporation Strong focus on innovative aerospace solutions Integrated aircraft systems Global
Rolls-Royce Holdings plc Expertise in sustainable aviation technologies Electric and hybrid propulsion Global

Specialized Technology Vendors

These vendors focus on niche technologies that enhance the performance and efficiency of more electric aircraft.

VendorCompetitive EdgeSolution FocusRegional Focus
BAE Systems plc Innovative energy storage solutions Electric power systems Europe, North America
Elbit Systems Ltd. Advanced avionics and control systems Flight control and management systems Global
Thales Group Strong capabilities in avionics and connectivity Avionics and electrical systems Europe, Asia, North America

Infrastructure & Equipment Providers

These vendors supply the necessary infrastructure and equipment to support the development and operation of more electric aircraft.

VendorCompetitive EdgeSolution FocusRegional Focus
AMETEK Inc. Precision measurement and control technologies Power management and monitoring systems North America, Europe
Bombardier Inc. Expertise in aircraft design and manufacturing Aircraft systems and components North America, Europe
Safran Leading in aircraft equipment and systems Electrical systems and components Global

Emerging Players & Regional Champions

  • Ampaire (USA): Focuses on hybrid-electric propulsion systems for regional aircraft, recently partnered with the U.S. Air Force for a demonstration project, challenging traditional aircraft manufacturers by offering innovative retrofitting solutions.
  • MagniX (USA): Specializes in electric propulsion systems, recently secured a contract with Harbour Air to convert seaplanes to electric, complementing established vendors by providing a viable alternative to conventional engines.
  • Pipistrel (Slovenia): Develops electric aircraft and has received multiple orders for its Alpha Electro model from flight schools, positioning itself as a challenger to traditional flight training aircraft manufacturers.
  • Eviation Aircraft (Israel): Creator of Alice, an all-electric commuter aircraft, recently completed successful test flights, aiming to disrupt the regional air travel market and challenge established players with its innovative design.
  • VoltAero (France): Focuses on hybrid-electric aircraft with its Cassio series, recently announced partnerships with regional airlines for pilot projects, complementing existing aviation solutions with its unique hybrid approach.

Regional Trends: In 2024, there is a notable increase in regional adoption of more electric aircraft, particularly in North America and Europe, driven by government incentives and environmental regulations. Technology specialization is shifting towards hybrid-electric systems, with a focus on retrofitting existing aircraft to reduce emissions and operational costs. Additionally, partnerships between emerging players and established manufacturers are becoming more common, facilitating knowledge transfer and accelerating the development of electric aviation technologies.

Collaborations & M&A Movements

  • Airbus and Rolls-Royce entered a partnership to develop hybrid-electric propulsion systems aimed at reducing emissions in commercial aviation, enhancing their competitive positioning in the sustainable aviation sector.
  • Boeing acquired a minority stake in Ampaire, a leader in electric aircraft technology, to accelerate the development of more electric aircraft solutions and strengthen its market share in the growing eco-friendly aviation segment.
  • Honeywell and Safran announced a collaboration to create advanced electric power systems for next-generation aircraft, aiming to leverage their combined expertise to lead in the electrification of aviation.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Biometric Self-Boarding Thales, SITA Thales has implemented biometric systems in several airports, enhancing passenger flow and reducing boarding times. SITA's Smart Path technology has been adopted in multiple international airports, showcasing its effectiveness in improving the boarding experience.
AI-Powered Ops Mgmt Honeywell, GE Aviation Honeywell's AI-driven solutions optimize flight operations and maintenance schedules, leading to increased efficiency. GE Aviation's digital twin technology allows for predictive maintenance, significantly reducing downtime and operational costs.
Border Control Gemalto, Vision-Box Gemalto's border control solutions utilize advanced biometric verification, streamlining the immigration process. Vision-Box has implemented automated border control systems in various countries, improving security and passenger throughput.
Sustainability Airbus, Boeing Airbus is leading initiatives in sustainable aviation fuel (SAF) and electric propulsion systems, with successful test flights demonstrating their commitment. Boeing's ecoDemonstrator program showcases innovative technologies aimed at reducing environmental impact.
Passenger Experience Delta Air Lines, Emirates Delta has invested in in-flight connectivity and personalized services, enhancing overall passenger satisfaction. Emirates is known for its luxurious cabin experience and innovative entertainment systems, setting a high standard in passenger experience.

Conclusion: Navigating the More Electric Aircraft Landscape

The More Electric Aircraft market is characterized by intense competitive dynamics and significant fragmentation, with both legacy players and emerging entrants vying for market share. Regional trends indicate a growing emphasis on sustainability and regulatory compliance, particularly in Europe and North America, where environmental concerns are driving innovation. Legacy manufacturers are leveraging their established expertise and infrastructure, while new entrants are focusing on cutting-edge technologies such as AI and automation to differentiate themselves. As the market evolves, capabilities in sustainability, operational flexibility, and technological integration will be critical for vendors aiming to secure leadership positions. Decision-makers must prioritize strategic partnerships and investments in these areas to navigate the complexities of this rapidly changing landscape.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2019- 2021
Forecast Period 2023-2030
Growth Rate 13.04% (2023-2030)
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