Electric Motors Market for Aircraft Propulsion System is Forecasted to Reach US$145.3 million in 2028, Says Stratview Research

The global Electric Motors Market for Aircraft Propulsion System is projected to reach US$145.3 million by 2028, witnessing a market growth CAGR of 96.0% from 2025 to 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Electric Motors Market for Aircraft Propulsion System which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics

Segment Insights & Market Share Analysis of the Electric Motors Market for Aircraft Propulsion System:

The global Electric Motors Market for Aircraft Propulsion System is segmented based on Aircraft type, Product type, and region.

Based on Aircraft type –

“Advanced Air Mobility is anticipated to become the major demand generator and the fastest-growing segment by aircraft type over the next five years”.

• The electric motors market for aircraft propulsion systems is classified as commercial aircraft, regional aircraft, general aviation, unmanned aerial vehicle, and advanced air mobility. Among all the aircraft types, advanced air mobility is likely to hold the largest share of the market during the forecast period and is also anticipated to witness the fastest growth over the same period. 
• This is majorly owing to an increase in the demand for eVTOLS across regions. In addition, there have been multiple pre-orders of such aircraft, which is projected to propel the market growth in the coming years.

Based on the Product type –

“DC Motor is expected to maintain its market dominance and is likely to grow at a faster rate by product-type, during the forecast period”.

• The market is segmented into AC motors and DC motors. Between product types, the DC motor is expected to remain the dominant as well as the fastest-growing market segment during the forecast period.
• With the use of these motors, there has been a substantial increase in the use of simple and lightweight electric aircraft models. Depending on the application's load, different DC motors have different torque and speeds, which is driving the market for DC motors.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

“Europe is expected to remain the largest market over the next five years, whereas Asia-Pacific is likely to grow at the highest rate during the forecast period”.

• Europe is expected to remain the largest demand generator for the electric motors market for aircraft propulsion systems during the forecast period.
• This region is home to Pipistrel d.o.o., which is one of the leading electric aircraft OEMs.
• Also, the presence of key electric motor manufacturers, such as Safran, Rolls-Royce plc, and MGM COMPRO, is driving the growth of the regional market.

Electric Motors Market for Aircraft Propulsion System Drivers:

Some of the key drivers listed in the report are given below.

• The increasing push for sustainable mobility and stringent emissions regulations. Governments worldwide are promoting hydrogen fuel cell vehicles The need for new technology in the aviation sector is driven by rising environmental awareness and anticipated increases in air traffic in the coming decades.
• The use of electric propulsion in electric aircraft may reduce carbon emissions, but only if new technologies can offer the appropriate power, weight, and reliability, required for a successful aircraft fleet.
• The rising demand for more electric aircraft and unmanned aerial vehicles (UAVs) is expected to increase the employment of high-speed electric motors to power airplanes.
• Although the market is still at the nascent stage, it is anticipated that there will be further development in the market competition with the rise in the demand for electric motors for propulsion systems.
• This is owing to several benefits of electric motors over ICE engines, such as lighter weight, lesser noise, compactness, mechanical simplicity, provision of higher efficiency, and lower energy cost.

Competitive Landscape: Top Companies in the Electric Motors Market for Aircraft Propulsion System:

High market consolidation as major players has a vast product portfolio, excellent product development capability, wide geographical reach, an excellent distribution network, and long-term customer relationships. The players hold distinct capabilities in manufacturing electric motors using a multitude of power ranges.  They have been increasing their R&D investments to cope with the high demand from aerospace platforms.

The following are the key players in the Electric Motors Market for Aircraft Propulsion System (arranged alphabetically)

• EMRAX d.o.o.
• H3X Technologies Inc.
• Honeywell Aerospace
• MAGicALL, Inc.
• magniX
• MGM COMPRO
• Plettenberg Elektromotoren GmbH & Co. KG
• Rolls-Royce plc
• Safran
• YASA Limited

Note: The above list does not necessarily include all the top players in the market.

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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