More Electric Aircraft Global Market Report 2022: Advancement of High-Density Battery Solutions Drives Growth - ResearchAndMarkets.com
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Wednesday, December 7, 2022
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Advancements in high-density battery solutions and the need to optimize aircraft performance are other factors fueling the market's growth.
Key Points:
- Advancements in high-density battery solutions and the need to optimize aircraft performance are other factors fueling the market's growth.
- The growth of the more electric aircraft market globally can be attributed to the increased focus on reducing operational costs, emissions, and aircraft noise.
- Based on aircraft type, the more electric aircraft market is segmented into fixed-wing and rotary-wing.
- Growing electric aircraft development programs, airline consolidation, and air traffic growth are expected to drive market growth in this region during the forecast period.