Aircraft Electrification Market: Transforming the Future of Aviation
The Global Aircraft Electrification Market is witnessing transformative growth, driven by the aviation industry’s shift toward cleaner, more efficient, and sustainable solutions. Valued at USD 6.0 billion in 2021, the market is projected to reach an impressive USD 20.0 billion by 2030, growing at a CAGR of 14.3% during the forecast period. This growth underscores the increasing demand for innovative...
The Transition to More Electric Aircrafts and Its Market Impact (2022-2027)
The Global More Electric Aircraft Market is set to witness remarkable expansion, with a projected growth from USD 4.1 billion in 2022 to USD 7.3 billion by 2027, reflecting a robust Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. The report, titled “More Electric Aircraft Market by Application (Power Generation, Power Distribution, Power Conversion, Energy Storage),...