General aviation

Aircraft Battery Market Worth $723 million by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, November 17, 2022

CHICAGO, Nov. 17, 2022 /PRNewswire/ -- Aircraft Battery Market size is estimated to be USD 381 Million in 2022 and is projected to reach USD 723 Million by 2027, at a CAGR of 13.7%according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Nov. 17, 2022 /PRNewswire/ -- Aircraft Battery Market size is estimated to be USD 381 Million in 2022 and is projected to reach USD 723 Million by 2027, at a CAGR of 13.7%according to a new report by MarketsandMarkets.
  • The need for advanced battery technologies to meet the demanding requirements of customers and future platforms is driving the demand for the market.
  • Based on aircraft type, the AAM segment of the aircraft battery market is accounted for the highest growth during the forecast period.
  • These platforms require a network of advanced battery solutions as most AAM platforms are predominantly fully electric and require to handle heavy electric loads.

Aircraft Battery Market Worth $723 million by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, November 17, 2022

CHICAGO, Nov. 17, 2022 /PRNewswire/ -- Aircraft Battery Market size is estimated to be USD 381 Million in 2022 and is projected to reach USD 723 Million by 2027, at a CAGR of 13.7%according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Nov. 17, 2022 /PRNewswire/ -- Aircraft Battery Market size is estimated to be USD 381 Million in 2022 and is projected to reach USD 723 Million by 2027, at a CAGR of 13.7%according to a new report by MarketsandMarkets.
  • The need for advanced battery technologies to meet the demanding requirements of customers and future platforms is driving the demand for the market.
  • Based on aircraft type, the AAM segment of the aircraft battery market is accounted for the highest growth during the forecast period.
  • These platforms require a network of advanced battery solutions as most AAM platforms are predominantly fully electric and require to handle heavy electric loads.

More Electric Aircraft Market Worth $7.3 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 9, 2022

CHICAGO, Nov. 9, 2022 /PRNewswire/ -- More electric aircraft market is projected to grow from USD 4.1 Billion in 2022 and reach USD 7.3 Billion by 2027, at a CAGR of 12.6% during the forecast periodaccording to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Nov. 9, 2022 /PRNewswire/ -- More electric aircraft market is projected to grow from USD 4.1 Billion in 2022 and reach USD 7.3 Billion by 2027, at a CAGR of 12.6% during the forecast periodaccording to a new report by MarketsandMarkets.
  • Major factors projected to drive the more electric aircraft market growth during the forecast period are improved aircraft performance, lower operational and maintenance costs, and lower emissions and noise pollution.
  • On the other hand, a rise in investments and a longer clearance period are two factors impeding the growth of the electric aircraft market in the next years.
  • The more electric aircraft market is further segmented into fixed-wing and rotary-wing aircraft based on aircraft type.

More Electric Aircraft Market Worth $7.3 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, November 9, 2022

CHICAGO, Nov. 9, 2022 /PRNewswire/ -- More electric aircraft market is projected to grow from USD 4.1 Billion in 2022 and reach USD 7.3 Billion by 2027, at a CAGR of 12.6% during the forecast periodaccording to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Nov. 9, 2022 /PRNewswire/ -- More electric aircraft market is projected to grow from USD 4.1 Billion in 2022 and reach USD 7.3 Billion by 2027, at a CAGR of 12.6% during the forecast periodaccording to a new report by MarketsandMarkets.
  • Major factors projected to drive the more electric aircraft market growth during the forecast period are improved aircraft performance, lower operational and maintenance costs, and lower emissions and noise pollution.
  • On the other hand, a rise in investments and a longer clearance period are two factors impeding the growth of the electric aircraft market in the next years.
  • The more electric aircraft market is further segmented into fixed-wing and rotary-wing aircraft based on aircraft type.

Aircraft Flight Control Systems Market Worth $21.5 Billion USD by 2027 - Exclusive Report by MarketsandMarkets™

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Friday, October 21, 2022

CHICAGO, Oct. 21, 2022 /PRNewswire/ -- Aircraft flight control systems market size is projected to grow from USD 14.5 Billion in 2022 to USD 21.5 Billion by 2027, at a CAGR of 8.2 % from 2022 to 2027according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Oct. 21, 2022 /PRNewswire/ -- Aircraft flight control systems market size is projected to grow from USD 14.5 Billion in 2022 to USD 21.5 Billion by 2027, at a CAGR of 8.2 % from 2022 to 2027according to a new report by MarketsandMarkets.
  • Based on Component, flight control computers segment is projected to lead the aircraft flight control systems market during the forecast period.
  • Manufacturers of aircraft flight control systems are developing advanced components that will lower an aircrafts total weight while enhancing its overall efficiency, influencing the growth of the aircraft flight control computers market.
  • Based on Aircraft Type, the fixed-wing aircraft segment is projected to lead the aircraft flight control systems market during the forecast period.

Aircraft Flight Control Systems Market Worth $21.5 Billion USD by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 21, 2022

CHICAGO, Oct. 21, 2022 /PRNewswire/ -- Aircraft flight control systems market size is projected to grow from USD 14.5 Billion in 2022 to USD 21.5 Billion by 2027, at a CAGR of 8.2 % from 2022 to 2027according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Oct. 21, 2022 /PRNewswire/ -- Aircraft flight control systems market size is projected to grow from USD 14.5 Billion in 2022 to USD 21.5 Billion by 2027, at a CAGR of 8.2 % from 2022 to 2027according to a new report by MarketsandMarkets.
  • Based on Component, flight control computers segment is projected to lead the aircraft flight control systems market during the forecast period.
  • Manufacturers of aircraft flight control systems are developing advanced components that will lower an aircrafts total weight while enhancing its overall efficiency, influencing the growth of the aircraft flight control computers market.
  • Based on Aircraft Type, the fixed-wing aircraft segment is projected to lead the aircraft flight control systems market during the forecast period.

Avionics Market worth $66.3 Billion by 2027 - Exclusive Report by MarketsandMarkets™

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Monday, September 26, 2022

CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Avionics Market size is projected to grow from USD 46.7 Billion in 2022 to USD 66.3 Billion by 2027, at a CAGR of 7.3% from 2022 to 2027, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Avionics Market size is projected to grow from USD 46.7 Billion in 2022 to USD 66.3 Billion by 2027, at a CAGR of 7.3% from 2022 to 2027, according to a new report by MarketsandMarkets.
  • Based on system, the navigation segment is projected to lead the market during the forecast period.
  • It is projected that demand for components like air data computers and altimeters would increase at the rapid pace.
  • Based on Fit, the line fit segment is projected to lead the avionics market during the forecast period.

Avionics Market worth $66.3 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, September 26, 2022

CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Avionics Market size is projected to grow from USD 46.7 Billion in 2022 to USD 66.3 Billion by 2027, at a CAGR of 7.3% from 2022 to 2027, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 26, 2022 /PRNewswire/ -- Avionics Market size is projected to grow from USD 46.7 Billion in 2022 to USD 66.3 Billion by 2027, at a CAGR of 7.3% from 2022 to 2027, according to a new report by MarketsandMarkets.
  • Based on system, the navigation segment is projected to lead the market during the forecast period.
  • It is projected that demand for components like air data computers and altimeters would increase at the rapid pace.
  • Based on Fit, the line fit segment is projected to lead the avionics market during the forecast period.

Aerospace Materials Market Size Hit USD 69.37 billion by 2029, High demand for aircrafts from emerging economies and low-cost carriers is driving the market growth, Exclusive Report by Exactitude Consultancy

Retrieved on: 
Wednesday, September 21, 2022

PUNE, India, Sept. 21, 2022 /PRNewswire/ -- The global resin aerospace materials market trends are expected to gain momentum by reaching USD 69.37 billion by 2029, while exhibiting a CAGR of 8.1% between 2022 and 2029, Exactitude Consultancy mentions that the market stood at USD 34.41 billion in 2021.

Key Points: 
  • The global aerospace materials market is expected to increase at a significant pace due to increasing demand for properties such as high fuel efficiency and high temperature resistance.
  • Moreover, the global aerospace materials market is anticipated to increase due to the implementation of stringent regulations over carbon emissions across the globe.
  • Composite materials-based aerospace materials accounted for the largest share, in terms of value, of the overall aerospace materials market
    In terms of value, the composite materials-based aerospace materials segment accounted for the largest share of 72.3% of the overall aerospace materials market in 2020.
  • Aircraft manufacturers use a high percentage of composite materials in the new generation aircrafts instead of metals and its alloys used previously.

Aircraft Sensors Market worth $7.0 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 21, 2022

CHICAGO, Sept. 21, 2022 /PRNewswire/ -- Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period, according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Sept. 21, 2022 /PRNewswire/ -- Aircraft Sensors Market is projected to grow from USD 4.7 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 8.3% during the forecast period, according to a new report by MarketsandMarkets.
  • The AAM Segment is estimated to lead the aircraft sensors market in forecast period.
  • Based on aircraft type, the AAM segment of the aircraft sensors market is accounted for the largest share during the forecast period.
  • These platforms require a network of sensors that will cater to autonomous flight, flight stability, battery system management, etc.