- More electric aircraft refers to the integration of electric power systems to replace traditional hydraulic, pneumatic, and mechanical systems in aircraft, aiming to enhance fuel efficiency, reduce emissions, lower maintenance costs, and improve overall aircraft performance. This shift supports advancements in both commercial and military aviation sectors
- Market growth is being driven by increasing demand for fuel-efficient and environmentally sustainable aircraft, rising pressure to comply with stringent emission regulations, and a growing focus on reducing the operational and lifecycle costs of aircraft
- The market is evolving with ongoing innovations in electric propulsion, energy storage systems, power electronics, and smart power distribution technologies that enhance the reliability, efficiency, and performance of aircraft electrical systems
- For instance, companies such as Airbus and Rolls-Royce are actively developing hybrid-electric propulsion systems and electric power distribution architectures for next-generation aircraft
- The more electric aircraft market is expected to witness consistent growth, supported by increasing investments in aerospace electrification, the rise of urban air mobility solutions, advancements in battery and energy management technologies, and government initiatives promoting greener aviation alternatives
