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 energonsumption 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. Aircraft Electric Motors 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 Aircraft Electric Motors Market: Segment Analysis By Motor Type: Leading Segment: Brushless DC Motors (BLDC) BLDC motors dominate the aircraft electric motors market, holding an estimated 45% market share due to their high efficiency, low maintenance & superior power-to-weight ratio. These motors are extensively used in propulsion systems, flight control surfaces & UAVs. NASA’s X-57 Maxwell electric aircraft utilizes BLDC motors for propulsion, highlighting their significance in electrified aviation. The segment is projected to grow at a steady CAGR of 9.5% during the forecast period. Fastest-Growing Segment: Synchronous Motors Synchronous motors are witnessing rapid growth, with a CAGR of 12%, driven by their adoption in hybrid & fully electric propulsion systems. They offer high power density and precise speed control, making them ideal for applications such as Urban Air Mobility (UAM) and electric vertical takeoff & landing (eVTOL) aircraft. Companies like Joby Aviation and Archer Aviation are integrating synchronous motors into their eVTOL designs to improve efficiency and range. By Power Rating: Leading Segment: 10-200 kW The 10-200 kW power range accounts for around 50% of the market, primarily due to its application in propulsion systems & auxiliary power units (APUs). Mid-sized electric aircraft, such as the Alice by Eviation, utilize motors within this power range to achieve commercial viability. The increasing shift towards hybrid-electric propulsion is expected to sustain demand in this segment. Fastest-Growing Segment: Above 200 kW Motors with a power rating above 200 kW are growing at a CAGR of 14%, driven by the development of high-power electric propulsion for regional & long-haul electric aircraft. Rolls-Royce's Spirit of Innovation, which holds the record for the fastest electric aircraft, employs motors in this category, showcasing the segment’s potential in next-generation electric aviation. By Application: Leading Segment: Propulsion Systems Aircraft electric motors used in propulsion systems hold the largest market share approximately 40%, as the industry moves towards hybrid & fully electric aircraft. Companies like Airbus, Boeing & Rolls-Royce are investing heavily in electric propulsion systems for commercial & & military aviation, ensuring sustained growth in this segment. Fastest-Growing Segment: UAV Propulsion The UAV propulsion segment is experiencing the fastest growth, with a CAGR of 15%, propelled by increased demand for military & commercial drones. Electric UAVs such as the MQ-9B SkyGuardian & the EHang 216 eVTOL are revolutionizing aerial operations, emphasizing the role of efficient electric motors in unmanned aircraft. By Aircraft Type: Leading Segment: Fixed-Wing Aircraft Fixed-wing aircraft account for 55% of the market share, as major commercial and military aircraft manufacturers increasingly adopt electric and hybrid-electric propulsion systems. Regional aircraft such as the Heart Aerospace ES-30 and hybrid-electric variants of existing platforms drive demand in this segment. Fastest-Growing Segment: Urban Air Mobility (UAM) Aircraft The Urban Air Mobility (UAM) sector is expanding rapidly, with a growth rate of 18% each year. This is driven by investments in electric Vertical Take-Off and Landing (eVTOL) aircraft for city transportation. Companies like Lilium, Volocopter & Joby Aviation are creating air taxis with efficient electric motors to meet the growing need for sustainable city travel. By End-User: Leading Segment: Commercial Aviation Commercial aviation remains the largest end-user, holding a market share of over 50%, driven by regulatory mandates for carbon reduction & the shift towards electric & hybrid-electric regional jets. Major airlines & OEMs are partnering with electric motor manufacturers to explore feasible solutions for short-haul air travel. Fastest-Growing Segment: Military Aviation Military aviation is growing at a rate of 13% each year as defense agencies look into electric & hybrid-electric aircraft for tasks like surveillance, combat, and reconnaissance. The U.S. Air Force, for example, is investigating the use of electric-powered drones and fighter jets to support its sustainability goals. This has increased the demand for high-performance electric motors. By Region: Leading Region: North America North America leads the aircraft electric motors market, holding 42% of the share. This is mainly because of significant investments in research and development by NASA, Boeing, and various startups. The U.S. government's focus on sustainable aviation and the presence of major electric aircraft developers keeps the region at the cutting edge of innovation. Fastest-Growing Region: Asia Pacific Asia Pacific is experiencing the fastest growth at a CAGR of 14%, driven by rising investments in electric aviation infrastructure and UAV technology in China, Japan, and India. Companies like EHang are leading the electric air mobility sector in the region, while China’s growing military drone fleet further accelerates market expansion. 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 Aircraft Electric Motors Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 9.3 billion Revenue Forecast in 2030 USD 16.58 billion Overall Growth Rate CAGR of 7.5% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2023 - 2030) Segmentation By Motor Type, By Power Rating, By Application, By Aircraft Type, By End-User, By Region 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, Europe, Asia-Pacific, LAMEA Country Scope US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report How big is the Aircraft Electric Motors Market? The aircraft electric motors market was valued at USD 9.1 billion in 2023 and is projected to reach USD 14.6 billion by 2030, growing at a CAGR of 6.8% during the forecast period. What are the key factors driving the growth of the Aircraft Electric Motors Market? The market is fueled by the growing adoption of electric propulsion systems, advancements in hybrid-electric aircraft, and the need for reduced carbon emissions in aviation. Who are the major players in the Aircraft Electric Motors Market? Major players include Rolls-Royce Holdings plc, GE Aviation, Honeywell International Inc., and Siemens AG. Which region held the largest Aircraft Electric Motors Market share? Europe leads the market, supported by significant investments in electric and hybrid-electric aircraft projects. Which application had the largest Aircraft Electric Motors Market share? The propulsion systems segment dominates the market, reflecting the extensive use of electric motors in hybrid-electric and electric aircraft propulsion. Source- https://www.nasa.gov/aeronautics/x-57-maxwell/ 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