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New report shares details about the more electric aircraft market forecasts 2018-2023

New report shares details about the more electric aircraft market forecasts 2018-2023

This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the More Electric Aircraft Market.

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The More Electric Aircraft is a new segment in the eco-friendly transportation systems, which is widely used in military and next generation commercial aircraft for better operational efficiencies and a quieter operational environment. After the successful launch and operation of electric motors, their application in the transportation for commercial purpose has seen significant acceptance by consumers.

Moreover, the reduced emission of the electric motors has pushed lawmakers and FAA to approve latest technologies, change in laws, and the intricacies of the pollution control law, which has allowed the electric motor industry to shift its focus from motors to transportation in all areas.

GAMA (in Feb 2017) released the first global standard for measuring hybrid and electric propulsion in general aviation aircraft.

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As per GAMA, fuel reserves for flight needs to last 30 minutes, which includes a journey between two points, takeoff, flying pattern, and return. GAMA also released standards for vertical flight pattern for rotorcraft and new generation aircraft, which may have vertical takeoff capacity.

The more electric aircraft move is turning towards propulsion system for aircraft and on complete electrical projections throughout the aircraft body.

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Airbus and Boeing have introduced a more electric architecture on aircraft: the A380 and 350 that replaced three hydraulic systems, with two electric systems, successfully, proving the technology to be safe. Airbus further plans to replace hydraulic power systems with electric generators on wide body aircraft.

The aircraft APU is considered to be a dead-weight in-flight used in rare cases when both engines fail, to act as an emergency power generator. Improvement in battery capacity density is expected to act as a major influencing factor for the future growth of more electric aircraft.

Reduction in carbon emission and airport noise

The electric aircraft industry is expected to reduce loss in propulsion thrust by 59% by converting pneumatic/hydraulic/mechanical actuator systems into power electronics. The Environmental Protection Agency had declared that jet engine exhaust endangers public health to a significant extent, by contributing to the climate change.

The agency is in the process to develop regulations, which are meant to reduce carbon emissions from commercial aircraft.

Large commercial jets usually account for 11% of all emissions from the global transportation sector. Aircraft emissions are usually expected to increase by 50% by 2050, with the growth in the demand for air travel.

 

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A New all Electric Aircraft

At the 52nd International Paris Air Show, Aviation Aircraft uncovered the first prototype of a new all-electric aircraft concept which can cover up to 965 kilometer. A number of efforts are witnessed to deliver electric aircraft, especially small vertical take-off and landing (VTOL) aircraft, like Lilium’s that made its first maiden flight earlier this year, however, Aviation has the most aggressive timeline for a plane that could fly 6-9 passengers, along with two crew on long distances.

Air transport has been restricted by the energy density of batteries but several new companies are witnessing modern advancements, and are getting ready to act on it.

Comparison- Aircraft Electric Power Vs. Aircraft Weight

The Clean Sky initiative launched in a public-private partnership, between the European Commission and the European aeronautics industry, had announced plans to improve the MEA performance to reach 20-30% lesser fuel consumption and related CO2 emissions. Airbus and Boeing are the two aircraft dealers operating more electric aircraft, where Boeing’s B787 is the only aircraft in the MEA segment that has balanced fuel consumption and weight to deliver power equal to the fully ATF powered aircraft engine.

Although the range of flight is slightly less compared to other aircraft in the same engine power segment, the cost of operation has reduced by few dollars per person, per mile. Geographically, the MEA systems are expected to make sales in the European Union and the countries like the United States, where push for pollution-free vehicles is strong.

 

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Pipistrel is a leading innovator in MEA systems that use alternative fuels and supports fully-electric engines. The latest model of the company, Pipistrel Tauras G4 is the best in class fully-electric engine aircraft.

Pipistrel’s Tauras G2 model available for private aviation has received great accolades and interest from industries, developers, and consumers. With the launch of Tauras G4, the MEA market is expected to witness new competition in the small aircraft segment, as this aircraft is claimed to be a one-time investment, with minimal expense on fuel and a lifetime of free flights.

Boeing, Airbus, and Pipistrel are some of the key leading vendors in the MEA market.

Questions Answered in the Report:

  • What are the new technological advancements in more electric aircraft market incorporated by key vendors and how will it affect the market growth?
  • What are the factors driving the growth of North America as a leading market?
  • Types of restraints affecting the market growth rate.
  • Revenue and growth rate of the market in different product segments.

Companies Mentioned:

  • Airbus
  • Boeing
  • Pipistrel
  • Solar Impulse
  • Sun Flyer
  • Electravia
  • PC -Aero
  • NASA
  • Lange Aviation

Table of Content:         

  1. INTRODUCTION

1.1 Research Methodology

1.2 Key Findings of the Study

  1. EXECUTIVE SUMMARY
  1. MARKET OVERVIEW AND TRENDS

3.1 Introduction

3.2 Market Trends

3.3 Porters Five Force Framework

  1. MARKET DYNAMICS

4.1 Drivers

4.2 Restraints

4.3 Opportunities

  1. GLOBAL MORE ELECTRIC AIRCRAFT MARKET, SEGMENTED BY PLATFORM

5.1 Commercial

5.2 Military

5.3 UAV

  1. GLOBAL MORE ELECTRIC AIRCRAFT MARKET,SEGMENTED BY TECHNOLOGY

6.1 POWER ELECTRONICS

6.2 THERMAL MANAGEMENT

6.3 SAFETY SYSTEMS

6.4 ADVANCED MATERIALS

 

  1. GLOBAL MORE ELECTRIC AIRCRAFT MARKET, SEGMENTED BY GEOGRAPHY

7.1 North America

7.2 South America

7.3 Asia Pacific

7.4 Europe

7.5 Africa and Middle East

  1. COMPETITIVE LANDSCAPE

8.1 Introduction

8.2 Market Share Analysis

8.3 Developments of Key Players

  1. KEY VENDOR ANALYSIS (Overview, Products & Services, Strategies)

9.1 Airbus

9.2 Boeing

9.3 Pipistrel

9.4 Solar Impulse

9.5 Sun Flyer

9.6 Electravia

9.7 PC -Aero

9.8 NASA

9.9 Lange Aviation

  1. DISCLAIMER

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