More Electric Aircraft Market value $3.3 billion by 2025
According to the latest market research report the “More Electric Aircraft Market by End User (Civil, Military), Aircraft System, Component, Application (Power Generation, Power Distribution, Power Conversion, Energy Storage), Aircraft Type (Fixed Wing, Rotary Wing), Region – Global Forecast to 2025″, is estimated to be USD 1.5 billion in 2020 and is projected to reach USD 3.3...
More Electric Aircraft Market Statistics, Opportunities and Forecast to 2025
More electric aircraft (MEA) is a concept that involves the use of electric power (as opposed to pneumatic and hydraulic sources of power) for all non-propulsive systems in an aircraft. The use of electric power helps reduces the overall weight, fuel consumption, and greenhouse emissions of an aircraft. Electrical systems also help cut down the assembly and maintenance costs of aircraft and facilitate...