Global More Electric Aircraft Market 2025–2035: Technological Advancements and Market Strategies
Based on data from (MRFR), the market — valued at USD 5.742 billion in 2024 — is expected to climb to USD 22.11 billion by 2035, growing at a 13.04% CAGR over the forecast period.
The aviation industry is undergoing a dramatic transformation. With growing emphasis on sustainability and operational efficiency, electric‑based systems are replacing traditional hydraulic and pneumatic architectures. This shift has spurred remarkable growth in the More Electric Aircraft Market, capturing the attention of industry stakeholders and investors worldwide.
According to the latest analysis from (MRFR), the More Electric Aircraft Market size was estimated at USD 5.742 billion in 2024. The forecast is even more compelling: from USD 6.491 billion in 2025 to a staggering USD 22.11 billion by 2035, reflecting a compound annual growth rate (CAGR) of 13.04% over the 2025–2035 period. This projection underscores the significant momentum and potential of electric aviation systems as they gain mainstream acceptance.
Why is this market growing so rapidly? Several factors converge to drive this trend. Firstly, there is mounting pressure to reduce carbon emissions. Airlines, regulators, and passengers increasingly favor greener air travel solutions. The shift to electric systems—and eventually electric propulsion—helps meet environmental regulations, reduces fuel consumption, and lowers overall lifecycle costs.
Secondly, technological advances are accelerating the shift. High‑energy‑density batteries, more efficient electric propulsion systems, power distribution units, and modern energy‑management systems are making electric‑based aircraft systems more viable than ever before. This opens doors not only for commercial and cargo aviation but also for defense, UAVs, and emerging urban‑mobility aircraft.
Moreover, regulatory support and government incentives in several markets are encouraging manufacturers to invest heavily in electric aviation technology. These policies foster innovation, accelerate adoption, and help the industry overcome traditional cost and infrastructure barriers.
The dominance of fixed‑wing aircraft in the More Electric Aircraft Market remains notable. Fixed-wing platforms—due to their established infrastructure and long-haul capability—are currently the largest segment benefiting from electrification. However, emerging segments like unmanned aerial vehicles (UAVs) and urban air mobility solutions are capturing attention, thanks to their agility, lower operating costs, and flexibility for shorter missions.
In addition, the military segment is evolving rapidly. Regulatory push for modernization, combined with demand for efficient, reliable, and stealthier aircraft, is fueling investments in more electric military platforms.
Looking ahead, the More Electric Aircraft Market appears poised for sustained growth. As adoption broadens—from regional and commercial aircraft to cargo, defense, UAVs, and urban mobility—the total addressable market will likely expand dramatically. The 2035 forecast of USD 22.11 billion signals a promising future for electric aviation and indicates that more electric aircraft could become the backbone of next‑generation air transport.
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