The increase in carbon emissions due to the increase in passenger traffic is the main reason for the increase in demand for electric aircraft. Government agencies are ensuring transportation safety and solving various problems related to air transportation, such as carbon emissions and noise pollution. Policymakers are calling for all short-haul flights to be electrified. The electrification of the propulsion system is expected to increase take-off and climb power, thereby providing a highly efficient alternative to conventional turbofans. Increasing electric propulsion is expected to significantly reduce fuel combustion and thereby reduce atmospheric emissions.

Market Analysis and Insights: Global Aircraft Electrification of the Propulsion System Market
The global Aircraft Electrification of the Propulsion System market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Aircraft Electrification of the Propulsion System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Aircraft Electrification of the Propulsion System market in terms of revenue.
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Global Aircraft Electrification of the Propulsion System Scope and Market Size
Aircraft Electrification of the Propulsion System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Aircraft Electrification of the Propulsion System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Solar Powered
Battery Powered
Fuel Cell Powered

Segment by Application
Commercial Aviation
Military Aviation
Business and General Aviation

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Safran
Honeywell International
Thales Group
United Technologies Corporation
GE Aviation
Raytheon Company
AMETEK
Meggitt PLC