Market Overview

Global More-Electric Aircraft (MEA) Market Outlook to 2023: Immense Opportunities in Military Applications - Features Boeing, Airbus, and Many More - ResearchAndMarkets.com

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The "Global
More-Electric Aircraft Market - Segmented by Product Type, Application,
and Geography - Growth, Trends and Forecasts (2018 - 2023)"

report has been added to ResearchAndMarkets.com's offering.

The Opportunities for These Systems are Immense in Military
Applications

MEAs find major acceptance and application from the military, due to the
inherent nature of silent electric engine operation. The military needs
aircraft that can fly low and not be detected during ISR, and hence MEAs
are widely used for small electric aircraft and UAVs.

Some militaries use small electric aircrafts and UAVs to train their
pilots in air-to-air combat. The MEA brings in the integration of
systems for control and intelligence of operating in-flight systems.

The more-electric approach has allowed aircraft industry to reduce loss
in propulsion thrust by 59% just by converting
pneumatic/hydraulic/mechanical actuator systems into power electronics.

The Need to Minimize Greenhouse Gas Emissions Will Drive the Market

The Environmental Protection Agency (EPA) had declared that jet engine
exhaust endangers public health to a significant extent by contributing
to climate change. The agency is in the process of developing
regulations which are meant to reduce carbon emissions from commercial
aircrafts. It is reported that large commercial jets usually account for
11 percent of all emissions from the global transportation sector.
Aircraft emissions are usually expected to grow by 50 percent by 2050
with the increase in the demand for air travel.

The Clean Sky initiative launched in 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 two
aircraft dealers operating MEA, and Boeing's B787 is the only aircraft
in the MEA segment which has successfully balanced fuel consumption and
weight to deliver power equal to that of a 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 MEAs are expected
to make sales in the EU and US region where the push for pollution-free
vehicles is strong.

Key Market Developments

  • Oct, 2017: Zunum Aero has revealed its plans to fly a hybrid electric
    aircraft 2020. The aircraft would have a range of around 700 miles at
    launch which indicates that the aircraft will be suitable for regional
    air transport, and the plan is to extend the flying range to 1,000
    miles by 2030 which will make these aircraft commercially viable
    across the world.

Companies Featured

  • Airbus
  • Boeing
  • Rolls Royce
  • Raytheon Company
  • United Technologies Corporation
  • Thales Group
  • Honeywell International Inc.
  • Safran SA
  • Lockheed Martin Corporation
  • Zodiac Aerospace SA
  • Bombardier Inc.
  • Rockwell Collins

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Global More-Electric Aircraft Market, Segmented By Platform

6. Global More-Electric Aircraft Market, Segmented By Technology

7. Global More-Electric Aircraft Market, Segmented By Geography

8. Competitive Landscape

9. Key Vendor Analysis

10. Future Market Outlook

For more information about this report visit https://www.researchandmarkets.com/research/8rrm77/global?w=4

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