Page 33 - Power Conversion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this article Share this article ResearchAndMarkets.com's offering. The global more electric aircraft market is estimated to be USD 1,504 million in 2020 and is projected to reach USD 3,359 million by 2025, at a CAGR of 17.4% during the forecast period. Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power generation and conversion systems have fueled the adoption of MEA. The COVID-19 outbreak has impacted the aviation industry adversely due to air tr...

Share: ResearchAndMarkets.com's offering. The global more electric aircraft market is estimated to be USD 1,504 million in 2020 and is projected to reach USD 3,359 million by 2025, at a CAGR of 17.4% during the forecast period. Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power generation and conversion systems have fueled the adoption of MEA. The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic a...