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More Electric Aircraft Market - Forecast and Analysis to 2014 - 2020" Browse 73 market data tables with 51 figures spread through 180 pages and in-depth TOC on "More Electric Aircraft Market by technology (Power Electronics, Thermal Management System, Safety Systems and Advanced Material) , by Platform (Commercial, Military and UAV ), by Geography - Forecast and Analysis to 2014 - 2020"
The growth in the MEA market has been propelled by the use of autonomous systems in the market. The need for optimized aircraft performance, decrease in operational and maintenance cost, reducing gas emissions and airport noise, and the tremendous increase in aircraft deliveries have been growth factors for the MEA market . The restraints identified in the market include macro-economic shocks and regulatory issues. The challenges faced by this market includethermal management in electrical systems, reliability of electrical systems in harsh environment, and the optimization of the mass of electrical systems. Inquiry @ http:// www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=138024896 Among the threetechnology types including power electronics, thermal management system, and advanced materials & safety system; the power electronics market is expected to account for the highest market share during the forecast period. The leading companies in the more electric aircraft market covered in the report include Safran S.A (France), Boeing (U.S.), Airbus (France ), Honeywell International Inc(U.S.), and Raytheon (U.S.).
The more electric aircraft market analysis exemplifies the forecast for three major types: power electronics, thermal management system, and safety system advanced management. The geographical analysis describes the more electric aircraft forecast for major regions including North America, Europe, Asia-Pacific (APAC), the Middle East, Latin America, and Africa. Currently, North America and Europe are currently dominating the market; however, the APAC region is expected to register the highest CAGR by 2020. The report offers leading competitors in the global more electric aircraft market; the general overview of companies, along with their financial position, key products, and market sizes. The key players in this market include Boeing, Airbus, Safran S.A, Honeywell International, and Raytheon. Speak with Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=138024896 Power generation system and electric power convertor are used for commercial and business aircraft. Power generation helps the aircraft in propulsion systems, braking and landing system, electric flight control actuator, and manages electrical power from transmission to wiring.
The report also delivers information about the technology roadmap that underlines the trends for the more electric technology market, and also highlights the technologies that is expected to dominate the more electric aircraft market in the future. Asia-Pacific (APAC) is expected to restore its technology platform in the future, to meet the changing demands of the stake holders in this industry. The APAC region is projected to grow significantly during the forecast period. One of the reasons for their growth is the military Keynesianism. Despite the economic downturn in the North American and European region, there is expected to be a demand for these systems, owing to the technology advancements and strong R&D initiatives by major players in this region. The APAC countries are slated to focus on growth and direct their region’s economies on a higher path for the long run. The report contains a competitive landscape for more electric systems market and gives the market share of companies based on the usage of more electric technology in aircraft industry.
The more electric aircraft market for aerospace and military is estimated to be at $17191.39 million in 2014. The market is expected to register a CAGR of 4.62% and rise to approximately $22548.59 million by 2020. Technologies are reaching maturity, development tools are up and running, and everybody has focused their energies on common goal. The next step is to integrate this innovative approach to aircraft power management in new aircraft models. The concept is too revolutionary to be adapted to current aircraft, even for upgraded versions such as the new A320neo. The more electric aircraft report carries in-depth analysis of the more electric systems market. It provides information on the various types of technology used in aerospace. The analysis has been carried out with respect to geography, technology, and the current market scenario. It throws light on current market trends, the drivers and restraints, the challenges faced, and the opportunities that will impact growth in more electric aircraft market.
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