Report Description Table of Contents The aircraft electric motors market was worth USD 9.3 billion in 2023 and will be worth USD 16.58 billion by 2030, growing at a CAGR of 7.5% during the forecast period. The Aircraft Electric Motors market is expected to surge due to the increasing demand for electric motors to propel aircraft since the aviation sector is under pressure to decrease the quantity of CO2 emissions. Electric propulsion systems are being seen in the light as the aviation industry worldwide seeks to embrace net-zero carbon emissions by 2050. The demand for electric aircraft is forecasted to rise because the global deliveries of electric aircraft are expected to rise roughly by 35% annually up to 2030. For instance, in 2023, Rolls-Royce passed tests on its all-electric motor for the “Spirit of Innovation” aircraft that recorded a speed of 300 mph and above to become the first-ever electric aircraft to make a record electric flight. As governments are encouraging the utilization of green technologies and hybrid electric systems in aviation industries, especially in commercial aviation, there is a need for enhanced electric motors. This development is a step towards a more sustainable type of aviation propulsion. The Aircraft Electric Motors market remains promising as the aerospace industry targets optimization of energy consumption and, thus, the reduction of emissions. The global electric aircraft market is projected to generate more than 15% CAGR in the coming years up to 2030 due to the increasing hybrid-electric and all-electric propulsion systems. For instance, in 2023, magniX, an electric propulsion system company, achieved a historic electric aircraft test flight where a 750-horsepower electric motor was used on one aircraft. Also, governments globally are funding green aviation endeavors that include the European Union’s Clean Aviation plan that fast forwards the adoption of electric motors in commercial and regional aircraft, thereby setting up a profitable market for electric propulsion. Market Segmentation By Motor Type: Brushless DC Motors (BLDC) Brushed DC Motors Induction Motors Stepper Motors Synchronous Motors Others (Switched Reluctance Motors) By Power Rating: Below 10 kW 10-200 kW Above 200 kW By Application: Propulsion Systems Flight Control Systems Landing Gear Systems Cabin Interiors (Seats, Windows) Environmental Control Systems Auxiliary Power Units (APUs) UAV Propulsion By Aircraft Type: Fixed-Wing Aircraft Rotary-Wing Aircraft (Helicopters) Unmanned Aerial Vehicles (UAVs) Urban Air Mobility (UAM) Aircraft By End-User: Commercial Aviation Military Aviation General Aviation Cargo/Transport Aircraft By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA North America is the largest market in the Aircraft Electric Motors industry due to the industry’s focus on manufacturing aerospace equipment and the technological advancement in electric motors. The USA has giant aerospace firms such as Boeing, Raytheon Technologies, and Honeywell, already committing large sums of money to develop electric propulsion systems to match the emergent green aviation market. Another important event in 2023 involved NASA’s all-electric X-57 Maxwell going through the final form of a test flight for electric aviation in the region. Besides, the US government's stringent regulation on emission reduction has benefited the electric propulsion system by spurring its growth in aviation industries. These advancements and great research and development investments made North America the leading aircraft electric motors market. Key Players Rolls-Royce Holdings Safran Electrical & Power GE Aviation Honeywell Aerospace Thales Group Collins Aerospace (Raytheon Technologies) Meggitt PLC Siemens AG MagniX Liebherr Group Frequently Asked Question About This Report . Table of Contents 1. AIRCRAFT ELECTRIC MOTORS MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. AIRCRAFT ELECTRIC MOTORS MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – AIRCRAFT ELECTRIC MOTORS MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Motor Type of AIRCRAFT ELECTRIC MOTORS and End-Use Outlook Analysis 4. HISTORIC TRENDS IN AIRCRAFT ELECTRIC MOTORS MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA AIRCRAFT ELECTRIC MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America AIRCRAFT ELECTRIC MOTORS Historical Market ($MILLION), (2017 – 2023) 6.2. North America AIRCRAFT ELECTRIC MOTORS Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Motor Type 6.3.1. Brushless DC Motors (BLDC) 6.3.2. Brushed DC Motors 6.3.3. Induction Motors 6.3.4. Stepper Motors 6.3.5. Synchronous Motors 6.3.6. Others (Switched Reluctance Motors) 6.4. North America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Aircraft Type 6.4.1. Fixed-Wing Aircraft 6.4.2. Rotary-Wing Aircraft (Helicopters) 6.4.3. Unmanned Aerial Vehicles (UAVs) 6.4.4. Urban Air Mobility (UAM) Aircraft 6.5. North America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.5.1. Propulsion Systems 6.5.2. Flight Control Systems 6.5.3. Landing Gear Systems 6.5.4. Cabin Interiors (Seats, Windows) 6.5.5. Environmental Control Systems 6.5.6. Auxiliary Power Units (APUs) 6.5.7. UAV Propulsion 6.6. North America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 6.6.1. Commercial Aviation 6.6.2. Military Aviation 6.6.3. General Aviation 6.6.4. Cargo/Transport Aircraft 6.7. North America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA AIRCRAFT ELECTRIC MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE AIRCRAFT ELECTRIC MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe AIRCRAFT ELECTRIC MOTORS Historical Market ($MILLION), (2017 – 2023) 8.2. Europe AIRCRAFT ELECTRIC MOTORS Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Motor Type 8.4. Europe AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Aircraft Type 8.5. Europe AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.6. Europe AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 8.7. Europe AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC AIRCRAFT ELECTRIC MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC AIRCRAFT ELECTRIC MOTORS Historical Market ($MILLION), (2017 – 2023) 9.2. APAC AIRCRAFT ELECTRIC MOTORS Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Motor Type 9.4. APAC AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Aircraft Type 9.5. APAC AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.6. APAC AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 9.7. APAC AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA AIRCRAFT ELECTRIC MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America AIRCRAFT ELECTRIC MOTORS Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America AIRCRAFT ELECTRIC MOTORS Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Motor Type 10.4. Latin America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Aircraft Type 10.5. Latin America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.6. Latin America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 10.7. Latin America AIRCRAFT ELECTRIC MOTORS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. Rolls-Royce Holdings 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Safran Electrical & Power 11.3. GE Aviation 11.4. Honeywell Aerospace 11.5. Thales Group 11.6. Collins Aerospace (Raytheon Technologies) 11.7. Meggitt PLC 11.8. Siemens AG 11.9. OTHER MARKET PLAYERS