More Electric Aircraft Market to Grow at 4.09% CAGR to 2021 February 2017

ReportsnReports . com adds new research report Global More Electric Aircraft Market 2017-2021 . This report covers the present scenario and the growth prospects of the global more electric aircraft market for 2017-2021 . To calculate the market size , the report considers the funding by each of the three regions ( Americas , EMEA , and APAC ) into manufacturing these electric aircraft for reduced fuel consumption and enhanced performance .
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The following companies are the key players in the global more electric aircraft market : Airbus , Boeing , Bombardier , Embraer , and Honeywell International .
Other Prominent Vendors in the market are : Raytheon , Safran , Siemens , Thales Group , United Technologies , and Zodiac Aerospace .
Global More Electric Aircraft Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts . This report covers the market landscape and its growth prospects over the coming years . The report also includes a discussion of the key vendors operating in this market .
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The latest trend gaining momentum in the market is meeting power demand through no-bleed concept . In a traditional commercial jet , the environmental control system and wing ice protection system use the hot air generated from the engine to energize the systems . On an MEA platform , this bleed air is superfluous because the systems are electrically powered . Since MEA models generate more electric power demand as compared to traditional designs , the implementation of no-bleed systems is practical .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry . The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors .
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According to the report , one of the major drivers for this market is combined expertise expected to generate quicker results . From an engine manufacturer perspective , the quantity of bleed air that the airframe requires from an engine is comparable to the level of electrical power extracted via generators and is the basic difference between a conventional aircraft and a more electric design . Parameters such as engine size , engine design , as well as the aircraft design dictate whether a more electric engine needs to be implemented in an MEA or not .
Further , the report states that one of the major factors hindering the growth of this market is relatively immature technologies . The concept of MEA focuses on the replacement of pneumatic and hydraulic systems with electricity-driven alternatives . This makes the electric power demand higher than that generated from traditional approaches .
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