MEA are advanced aircraft that use a large number of electrical components to reduce the non-propulsive power systems such as mechanical, hydraulic, and pneumatic systems, all of which derive its power from the aircraft engine. This, conceptually, reduces the weight of aircraft, leading to a low cost of ownership, use of less fuel, reduction in emissions, increased reliability, and several other addedbenefits.
Technavio’s analysts forecast the global more electric aircraft market to grow at a CAGR of 4.09% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global more electric aircraft market for 2017-2021. To calculate the market size, the report considers the funding by each of the three regions (Americas, EMEA, and APAC) into manufacturing these electric aircraft for reduced fuel consumption and enhanced performance.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global More Electric Aircraft Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Airbus - Boeing - Bombardier - Embraer - Honeywell International
Other prominent vendors - Raytheon - Safran - Siemens - Thales Group - United Technologies - Zodiac Aerospace
Market driver - Combined expertise expected to generate quicker results - For a full, detailed list, view our report
Market challenge - Relatively immature technologies - For a full, detailed list, view our report
Market trend - Meeting power demand through no-bleed concept - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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