Global More Electric Aircraft Market 2015-2019

DUBLIN, November 27, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/jfwq3j/global_more) has announced the addition of the "Global More Electric Aircraft Market 2015-2019" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769)

According to the report, one key driver of this market is the cost associated with ownership and operation. The use of more electric equipment in the aircraft has resulted in the replacement of the heavier and costlier mechanical and pneumatic systems. The use of electrical systems has reduced the weight of the aircraft by 3,307 lbs and led to a reduction in the overall cost of manufacturing the aircraft.

The report forecasts the global more electric aircraft market to grow at a CAGR of 3.79% over the period 2014-2019. Further, the report states that one of the major challenges is the issues with Electrical Power System. Traditional aircraft use a fluctuating wild frequency AC as the source of power generation, but MEA need a controlled frequency AC with controlled voltage as well as 270V DC power distribution architecture, including distribution topology and generation and power conversion, as they consume 10 times more electric power than traditional aircraft.

Another major trend in this market is a fuel cell transforms chemical energy from using fuel into electricity through a chemical reaction. The increased use of fuel cells in aircraft is because of their multiple uses. For instance, the use of fuel cells in combination with turbines, compressors, and other components of the APU will increase the efficiency of converting fuel into electricity by 60%. 

Market Driver:

• Decreased Cost of Ownership and Operations
• For a full, detailed list, view our report

Market Challenge: 

• Thermal Management in More Electric Aircraft
• For a full, detailed list, view our report

Market Trend: 

• Emergence of More Electric Engines
• For a full, detailed list, view our report

Key Questions Answered in this Report: 

• What will the market size be in 2019 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?

Key Topics Covered: 

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report 

04. Market Research Methodology 

05. Introduction

06. Market Landscape 

07. Market Segmentation by Application 

08. Geographical Segmentation 

09. Key Leading Countries

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape 

18. Key Vendor Analysis 

19. Other Reports in this Series

Key Vendors:

• Airbus
• Boeing
• Honeywell International
• Raytheon
• Safran

Other Prominent Vendors 

• Bombardier
• Thales Group
• United Technologies
• Zodiac Aerospace

For more information visit http://www.researchandmarkets.com/research/jfwq3j/global_more

Media Contact:
Laura Wood
+353-1-481-1716
press@researchandmarkets.net