More Electric Aircraft Market is estimated to reach $22548.59 Million by 2020 - New Report by MarketsandMarkets
(PRWEB) October 31, 2014 -- The report offers an in-depth analysis of the "More Electric Aircraft Market by technology (Power Electronics, Thermal Management System, Safety Systems and Advanced Material), by Platform (Commercial, Military and UAV ), by Geography - Forecast and Analysis to 2014 - 2020", defines and segments More Electric Aircraft Market on the basis of various types, applications, sources, functions, and regions with analyses and projections of the market size of each of these segments in terms of value and volume. It also identifies the driving and restraining factors for the hydrocolloids market with analyses of the trends, opportunities, and burning issues. In aircraft movements as well as passenger traffic.
Technologies are reaching maturity, development tools are up and running, and everybody has focused their energies on common goal. The next step is to integrate this innovative approach to aircraft power management in new aircraft models. The concept is too revolutionary to be adapted to current aircraft, even for upgraded versions such as the new A320neo.
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The more electric aircraft report carries in-depth analysis of the more electric systems market. It provides information on the various types of technology used in aerospace. The analysis has been carried out with respect to geography, technology, and the current market scenario.
It throws light on current market trends, the drivers and restraints, the challenges faced, and the opportunities that will impact growth in more electric aircraft market.
Browse 73 market data tables with 51 figures spread through 180 pages and in-depth TOC on "More Electric Aircraft Market"
The report also delivers information about the technology roadmap that underlines the trends for the more electric technology market, and also highlights the technologies that is expected to dominate the more electric aircraft market in the future.
Asia-Pacific (APAC) is expected to restore its technology platform in the future, to meet the changing demands of the stake holders in this industry. The APAC region is projected to grow significantly during the forecast period. One of the reasons for their growth is the military Keynesianism.
The more electric aircraft market analysis exemplifies the forecast for three major types: power electronics, thermal management system, and safety system advanced management. The geographical analysis describes the more electric aircraft forecast for major regions including North America, Europe, Asia-Pacific (APAC), the Middle East, Latin America, and Africa. Currently, North America and Europe are currently dominating the market; however, the APAC region is expected to register the highest CAGR by 2020.
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The report offers leading competitors in the global more electric aircraft market; the general overview of companies, along with their financial position, key products, and market sizes. The key players in this market include Boeing, Airbus, Safran S.A, Honeywell International, and Raytheon.
Power generation system and electric power convertor are used for commercial and business aircraft. Power generation helps the aircraft in propulsion systems, braking and landing system, electric flight control actuator, and manages electrical power from transmission to wiring.
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