The aviation industry is embracing a paradigm shift toward electrification, with the More Electric Aircraft Market taking center stage. This market growth is driven by increasing demand for energy-efficient, environmentally friendly aircraft systems that replace conventional hydraulic and pneumatic systems.
Market Research Future (MRFR) reports that the More Electric Aircraft Market size is...
The electric aircraft market is gaining significant attention as airlines and manufacturers focus on reducing carbon emissions and operational costs. MRFR estimates that the market will expand from USD 19.62 billion in 2024 to USD 94.82 billion by 2035, registering a CAGR of 15.4%. The surge is fueled by government initiatives promoting green aviation, rising fuel costs, and increasing adoption...
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