Electrification to Spark Growth of Global Aircraft Electric Power Systems Market

Photo - https://mma.prnewswire.com/media/1388382/aircraft_technology.jpg Photo -https://mma.prnewswire.com/media/1388382/aircraft_technology.jpg For further information on this analysis, please visit:http://frost.ly/4zp "Emergence of new technologies will help drive market recovery after the crisis, with several variables and goals set by original equipment manufacturers (OEMs) and operators, such as fuel and power efficiency, maintenance costs reduction, and new mobility...

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For further information on this analysis, please visit: http://frost.ly/4zp

"Emergence of new technologies will help drive market recovery after the crisis, with several variables and goals set by original equipment manufacturers (OEMs) and operators, such as fuel and power efficiency, maintenance costs reduction, and new mobility patterns," said Alejandro Gonzalez, Aerospace & Defense Research Analyst at Frost & Sullivan. "The move toward electrification of aircraft has benefited the engine segment with significant research and development (R&D) investments. This trend will continue and expand to other segments, such as motorization, as alternatives are sought to replace hydraulic and pneumatic systems in next-generation aircraft."

Gonzalez added: "With the development of advanced materials, there is significant growth potential in distribution and storage systems. New technologies are expected to reduce the size and weight of components while increasing their efficiency and autonomy. Additionally, the need to meet the demand for new, lighter, and denser batteries will further boost the aircraft EPS market."

The rise of new types of aircraft will boost the entire aircraft EPS segments—power generation systems, power conversion systems, power distribution systems, motorization systems, and electric storage systems—presenting lucrative growth prospects for market participants.

Industry Convergence Boosting the Global Aircraft Electric Power Systems Market is the latest addition to Frost & Sullivan's Aerospace & Defense research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

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Industry Convergence Boosting the Global Aircraft Electric Power Systems Market

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