Aircraft Electric Taxiing Systems Market Scope
An electric taxiing system of an aircraft consist of a wheel of an aircraft; a taxiing motor which is rotated together with the wheel in landing of the aircraft to apply breaking force to the wheel and to generate regenerative power according to the breaking force. It rotates the wheel in taxiing of the aircraft and a power supply control unit which supplies the regenerative power to an electric element of the aircraft. Further, the electric element being driven in order for the aircraft to perform landing or re-takeoff after cancelling landing.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Safran Landing Systems (France), Technodinamika (Russia), WheelTug (United Kingdom), Lilium (Germany), Lufthansa Technik (Germany), L3 Technologies (United States) and Honeywell Aerospace (United States) |
CAGR | % |
Some of the companies' favored market-exploration techniques include mergers and acquisitions, expansions, investments, new service launches, and collaborations. The company is giving its fair share of the company's expansion. The major key players are contributing their share to increasing the market growth. An increase in fuel pricing and awareness among people about CO2 emission is the major factor considered by key players for investing in this market. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Aircraft Electric Taxiing Systems market throughout the predicted period.
Safran Landing Systems (France), Technodinamika (Russia), WheelTug (United Kingdom), Lilium (Germany), Lufthansa Technik (Germany), L3 Technologies (United States) and Honeywell Aerospace (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Aircraft Electric Taxiing Systems market by Type , by Application (Military and Civilian) and Region with country level break-up. On the basis of Type, Non-Vehicular Aircraft ETS are dominating the market in the year 2022 where as Vehicular Aircraft ETS stood as second largest market share.
On the basis of application, Military segment is dominating the market in the year 2022 where as Civilian segment stood as second largest market.
On the basis of geography, the market of Aircraft Electric Taxiing Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
On November 7, 2018 - Safran Landing Systems, the Civil Aviation University of China (CAUC) and the French national civil aviation school ENAC signed a Memorandum of Understanding (MoU) to study the potential of electric taxiing systems in major international airports.
Influencing Trend:
Advent of Zero-Emissions Hydrogen Fuel Cell Technology and Technological Advancements in Aerospace Industry
Market Growth Drivers:
Increasing Demand for eTaxi Solutions and Growing Demand of Electric Hybrid Planes
Challenges:
Challenges Due To Upsurge in Overall Weight
Restraints:
High Cost Related To Products and Lack of Skilled Manpower to Handle the System
Opportunities:
Evolution of MEA Model and Related Inventions
Key Target Audience
Aircraft Electric Taxiing Systems Providers, Suppliers of Aircraft Electric Taxiing Parts, Aerospace Industry, Governmental Bodies and Research Firms