DUBLIN, Oct. 21, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "More Electric Aircraft Market by Technology, Platform & by Geography -Forecasts & Analysis 2014-2020" report to their offering.
The more electric aircraft market is estimated to be at $17191.39 million in 2014 and expected to register a CAGR of 4.62% to reach $22548.59 million by 2020.
The aviation industry has a need for aircraft that are more fuel efficient than the current fleet. Super conducting machine offers the only viable path to reach the power densities needed in airborne applications; the main issue involved in using superconductors for aero propulsion is to investigate the feasibility of superconducting electric propulsion and to integrate in aircraft. Superconductivity enables technology for more efficient turbo-electric aircraft of the future.
This report describes the analysis and forecast of the more electric aircraft market. It is segmented on the basis of types, regions, and countries. The report highlights factors driving the market, along with its restraints. It also contains a brief about the recent technologies, market, and industry trends.
The more electric aircraft market analysis exemplifies the forecast for three major types: power electronics, thermal management system, and safety system advanced management. The geographical analysis describes the more electric aircraft forecast for major regions including North America, Europe, Asia-Pacific (APAC), the Middle East, Latin America, and Africa. Currently, North America and Europe are currently dominating the market; however, the APAC region is expected to register the highest CAGR by 2020.
The report offers leading competitors in the global more electric aircraft market; the general overview of companies, along with their financial position, key products, and market sizes. The key players in this market include Boeing, Airbus, Safran S.A, Honeywell International, and Raytheon.
Power generation system and electric power convertor are used for commercial and business aircraft. Power generation helps the aircraft in propulsion systems, braking and landing system, electric flight control actuator, and manages electrical power from transmission to wiring.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Industry Trends
7 More Electric Aircraft Market, By Type
8 More Electric Aircraft, By Platform
9 Geography Analysis
10 Competitive Landscape
11 Company Profiles
- Airbus Group
- Bombardier, Inc.
- Honeywell International, Inc.
- Raytheon Company
- Safran SA
- Thales Group
- The Boeing Company
- Tttech Computertechnik Ag
- United Technologies Corporation
- Zodiac Aerospace SA
For more information visit http://www.researchandmarkets.com/research/qb7wtm/more_electric
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SOURCE Research and Markets