Market Overview

The global more electric aircraft market revenue was valued at USD 5.35 billion in 2024, which is anticipated to reach from USD 6.20 billion in 2025 to USD 20.03 billion by 2033 with a CAGR of 15.8% during the forecast period (2025-2033).

The global More Electric Aircraft market continues to evolve rapidly, driven by shifting consumer trends, rising investments, and technological progress. This section provides a detailed snapshot of the current landscape, highlighting major developments, emerging opportunities, and competitive movements that are shaping the industry’s growth trajectory.

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Market Report Scope and Research Methodology

This report offers a balanced combination of qualitative and quantitative analysis to ensure accurate, transparent, and comprehensive insights. The scope defines the parameters and key categories of the market, helping readers clearly understand its framework and underlying dynamics.

The study examines market size, forecasts, and growth potential by analyzing crucial segments and sub-segments. It delves into the factors influencing the market—such as cost efficiency, regulatory initiatives, sustainability goals, and continuous innovation. In addition, it evaluates competitive landscapes, investment flows, and the policy environment impacting overall industry development.

Market Regional Insights

The regional analysis spans North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is assessed based on market share, growth prospects, trade movements, and investment attractiveness. By studying regional demand trends, industrial performance, and government support measures, the report delivers a holistic understanding of how the market is evolving across different geographies.

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Market Segmentation

1. By Aircraft System
   1. Propulsion Systems
   2. Airframe Systems
2. By Application
   1. Power Generation
   2. Power Distribution
   3. Power Conversion
   4. Energy Storage
3. By Aircraft Type
   1. Fixed Wing
   2. Rotary Wing
4. By End-User
   1. Civil
   2. Military

Market Key Players

1. AMETEK, Inc.
2. BAE Systems PLC
3. Bombardier Inc.
4. Elbit Systems Ltd.
5. G.E. Aviation
6. Honeywell International Inc.
7. Raytheon Technologies Corporation
8. Rolls-Royce Holdings PLC
9. Safran
10. Thales Group

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Key Questions Answered in the More Electric Aircraft Market Report:

• How large is the More Electric Aircraft market currently?

• What is the projected size of the More Electric Aircraft market in the coming years?

• What is the estimated global value of the More Electric Aircraft market?

• How fast is the More Electric Aircraft market growing?

• Which segment accounts for the highest share in the More Electric Aircraft market?

• What are the major More Electric Aircraft market segments?

• What was the market value of More Electric Aircraft in North America in 2024?

• Which region currently dominates the market landscape?

• What factors are driving the growth of the More Electric Aircraft market?

• Who are the prominent players in the More Electric Aircraft market?

• Which companies are leading in the More Electric Aircraft industry?

About Straits Research

Straits Research provides comprehensive market intelligence and actionable insights across a wide range of industries. Our reports are designed to empower decision-makers, investors, and organizations to uncover growth opportunities, overcome challenges, and build strategies that ensure long-term success in a rapidly changing business environment.

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