What is the Historical Analysis of the Aviation High-Speed Motor Market Size?
The aviation high-speed motor market has seen considerable growth due to a variety of factors.
•The high-speed aviation motor market has seen a robust expansion in recent times. With a compound annual growth rate (CAGR) of 6.3%.
its value will increase from $2.8 billion in 2024 to approximately $2.97 billion in 2025. The historic period growth was driven by factors such as enhanced crop yield, extension of cultivable land, labor efficiency, optimal use of fertilizers, and overcoming geographical hurdles.
What is the Forecasted Growth of the Aviation High-Speed Motor Market Size?
The aviation high-speed motor market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipations are high for the aviation high-speed motor market to experience significant expansion in the coming years. In fact, by 2029, its value is projected to reach "$3.89 billion, fueled by a compound annual growth rate (CAGR) of 7.0%.
The surge within the predicted period can be ascribed to multiple factors such as the repercussions of climate change, water shortage issues, increasing global population, governmental legislation on water consumption, and incorporation of renewable energy. Notable trends expected to shape the timeframe include the integration of drip irrigation, decision-oriented data analysis, tele-monitoring and control, incorporation of IoT and sensors, and tailoring to varied crops.
What Key Factors and Trends are Driving the Growth of the Aviation High-Speed Motor Market?
The aviation high-speed motor market is predicted to grow due to the heightened purchases of new aircraft. The term 'aircraft' pertains to any vehicle engineered for flight via static or dynamic lift of an airfoil, or by the direct downward thrust of its engines. Examples include airplanes, helicopters, airships, gliders, paramotors, and hot air balloons. A wide range of flight applications make use of aviation high-speed motors, including propulsion, flight control, and transmission. For instance, the France-based aviation and aerospace component manufacturing company Airbus reported acquiring about 99 aircraft orders in February of 2023 and further delivered around 66 crafts to 42 customers. Looking forward, projections indicate a demand for approximately 2,440 freight planes in the next two decades, close to 900 of which will be brand new. Consequently, the rise in new aircraft purchases is fuelling the expansion of the aviation high-speed motor market.
What are the Market Segments in the Aviation High-Speed Motor Market?
The aviation high-speed motor market covered in this report is segmented –
1) By Type: Direct Current (DC) Motor, Alternating Current (AC) Motor
2) By Application: Flight Control, Propulsion System, Fuel Management System, Other Applications
3) By End-Use: Commercial Aviation, General Aviation, Other End-Uses
Subsegments:
1) By Direct Current (DC) Motor: Brushed DC Motor, Brushless DC Motor
2) By Alternating Current (AC) Motor: Synchronous AC Motor, Asynchronous AC Motor
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What Trends are Shaping the Aviation High-Speed Motor Market?
The aviation high-speed motor market is seeing a rise in the trend of product innovation. Major companies in the sector, in their bid to reinforce their status and secure competitive edges, are engaged in product improvements and enhancements. To cite an example, Kite Magnetics, a start-up focused on aviation electric motors founded in Australia, launched its inaugural aircraft electric motor, KM-120, in March 2023. This 120-kW electric propulsion unit is formulated to supersede piston engines in 2-4-seat light aircraft.
Who Are the Key Players in the Aviation High-Speed Motor Market?
Major companies operating in the aviation high-speed motor market include:
• Xoar International LLC
• Emrax d.o.o.
• Windings Inc.
• ARC Systems Inc.
• Safran Electrical & Power
• MagniX
• MGM COMPRO
• H3X Technologies Inc.
• NEMA Ltd.
• Allied Motion Technologies
• Meggitt PLC
• Pipistrel d.o.o.
• Honeywell International
• Herkimer Tool & Machining Corp.
• 3A Composites
• Kampi Components Co. Inc.
• Yaskawa Electric Corporation
• Oriental Motor Co. Ltd.
• Regal Rexnord Corporation
• Meidensha Corporation
• Nidec Corporation
• Maxon Motor AG
• H2W Technologies Inc.
• Kollmorgen Corporation
• Aerotech Inc.
• Parker Hannifin Corporation
• Thomson Industries Inc.
• Dunkermotoren GmbH
• Moog Inc.
What are the Regional Insights into the Aviation High-Speed Motor Market?
North America was the largest region in the aviation high-speed motor market in 2024. The regions covered in the aviation high-speed motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
