According to Stratistics MRC, the Global Aviation High Speed Motor Market is accounted for $2.14 billion in 2020 and is expected to reach $3.74 billion by 2028 growing at a CAGR of 7.2% during the forecast period. Increasing deployment of unmanned aerial vehicles (UAV) for military operations and rising procurement of new aircrafts are the major factors propelling the market growth. However, fluctuating raw material price is hampering the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the rising investments in the aviation sector by countries such as India, China, Japan, and others. The increasing procurement of new aircraft to expand fleets to meet the growing air passenger traffic is expected to drive the growth of the regional market.
Some of the key players profiled in the Aviation High Speed Motor Market include Allied Motion Technologies, ARC Systems Inc, EMRAX d.o.o, H3X Technologies Inc, MagniX, Meggitt PLC, MGM COMPRO, NEMA Ltd, Pipistrel, Safran Electrical & Power, Siemens, Windings Inc, and Xoar International LLC.
Types Covered:
• Alternating Current (AC) Motor
• Direct Current (DC) Motor
Platforms Covered:
• Business Aircraft
• Commercial Aircraft
• Electric Aircraft
• General Aviation Aircraft
• Helicopters
• Unmanned Aerial Vehicles
Applications Covered:
• Flight Control
• Fuel Management System
• Propulsion System
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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