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    US More Electric Aircraft Market

    ID: MRFR/A&D/12694-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US More Electric Aircraft Market Research Report: By Application (Commercial, Military) and By Platform (Fixed Wing Aircraft, Rotary Wing Aircraft, UAV) - Forecast to 2035

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    US More Electric Aircraft Market Infographic
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    US More Electric Aircraft Market Summary

    As per MRFR analysis, the more electric-aircraft market size was estimated at 1950.6 USD Million in 2024. The US more electric-aircraft market is projected to grow from 2204.18 USD Million in 2025 to 7481.4 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 13.0% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US more electric-aircraft market is poised for substantial growth driven by technological advancements and regulatory support.

    • Technological advancements in battery efficiency and electric propulsion systems are reshaping the aircraft industry.
    • The largest segment in the US market is regional aircraft, while the fastest-growing segment is urban air mobility solutions.
    • Regulatory support is increasingly facilitating the adoption of more electric aircraft, enhancing market viability.
    • Key market drivers include environmental sustainability initiatives and advancements in battery technology, which are propelling industry growth.

    Market Size & Forecast

    2024 Market Size 1950.6 (USD Million)
    2035 Market Size 7481.4 (USD Million)

    Major Players

    Airbus (FR), Boeing (US), Rolls-Royce (GB), Honeywell (US), Safran (FR), General Electric (US), Thales (FR), MagniX (US), Pipistrel (SI)

    US More Electric Aircraft Market Trends

    is currently experiencing a transformative phase, driven by advancements in technology and a growing emphasis on sustainability. The integration of electric systems into aircraft design is becoming increasingly prevalent, as manufacturers seek to reduce emissions and enhance fuel efficiency. This shift is not merely a trend but appears to be a fundamental change in how aviation operates. Regulatory bodies are also playing a crucial role, establishing guidelines that encourage the adoption of electric technologies. As a result, the market is witnessing a surge in research and development activities aimed at creating innovative solutions that align with environmental goals. In addition to technological advancements, the more electric-aircraft market is influenced by changing consumer preferences and the need for cost-effective operations. Airlines are increasingly looking for ways to lower operational costs while meeting stricter environmental regulations. This has led to a heightened interest in electric propulsion systems, which promise to deliver significant savings over traditional fuel-based systems. Furthermore, partnerships between aerospace companies and technology firms are becoming more common, fostering collaboration that could accelerate the development of electric aircraft. Overall, the market is poised for substantial growth as stakeholders recognize the potential benefits of electrification in aviation.

    Technological Advancements

    The more electric-aircraft market is witnessing rapid technological innovations, particularly in battery technology and electric propulsion systems. These advancements are crucial for enhancing aircraft performance and efficiency, enabling longer flight ranges and reduced charging times. As manufacturers invest in research and development, the potential for breakthroughs in energy storage and management systems is likely to reshape the industry.

    Regulatory Support

    Government regulations are increasingly favoring the adoption of electric technologies in aviation. Policies aimed at reducing carbon emissions and promoting sustainable practices are encouraging manufacturers to explore electric solutions. This regulatory environment is expected to drive investments in the more electric-aircraft market, as companies align their strategies with national and international sustainability goals.

    Cost Efficiency

    The pursuit of cost-effective operations is a significant driver in the more electric-aircraft market. Airlines are under pressure to reduce operational expenses while adhering to environmental standards. Electric aircraft offer the potential for lower fuel costs and maintenance expenses, making them an attractive option for operators seeking to enhance profitability in a competitive landscape.

    US More Electric Aircraft Market Drivers

    Advancements in Battery Technology

    Battery technology advancements are pivotal for the more electric-aircraft market. The development of high-capacity, lightweight batteries is crucial for enhancing the range and efficiency of electric aircraft. Recent innovations, such as solid-state batteries, promise to increase energy density while reducing weight, which is essential for aviation applications. The U.S. Department of Energy has reported that improvements in battery performance could lead to a 30% increase in range for electric aircraft by 2027. This technological progress not only enhances operational capabilities but also reduces operational costs, making electric aircraft more competitive. As battery technology continues to evolve, is likely to experience accelerated growth and adoption.

    Environmental Sustainability Initiatives

    is increasingly driven by the growing emphasis on environmental sustainability. As climate change concerns escalate, the aviation industry faces mounting pressure to reduce its carbon footprint. The U.S. government has set ambitious targets to cut greenhouse gas emissions by 50% by 2030, which has led to increased investments in electric aircraft technologies. This shift is not only a response to regulatory demands but also aligns with consumer preferences for greener travel options. is expected to benefit from these initiatives, as airlines and manufacturers seek to innovate and adopt cleaner technologies. Furthermore, the market could see a potential growth rate of 15% annually as stakeholders prioritize sustainable practices.

    Investment in Infrastructure Development

    Infrastructure development is a critical driver for the more electric-aircraft market. The establishment of charging stations and maintenance facilities tailored for electric aircraft is essential for their widespread adoption. The U.S. government has initiated funding programs aimed at enhancing aviation infrastructure, with a focus on integrating electric aircraft into existing systems. For instance, the Federal Aviation Administration (FAA) has allocated $200 million for projects that support electric aviation infrastructure. This investment is expected to facilitate the transition to electric aircraft, as it addresses logistical challenges and enhances operational efficiency. Consequently, the more electric-aircraft market is poised for growth as infrastructure improvements pave the way for increased adoption.

    Government Incentives and Funding Programs

    Government incentives and funding programs play a significant role in propelling the more electric-aircraft market. The U.S. government has introduced various initiatives aimed at promoting the development and adoption of electric aviation technologies. For example, the Sustainable Aviation Fuel Grand Challenge aims to accelerate the commercialization of sustainable aviation fuels, which complements electric aircraft initiatives. Furthermore, grants and tax incentives for research and development in electric aircraft technologies are becoming more prevalent. These financial supports not only lower the barriers to entry for manufacturers but also stimulate innovation within the industry. As a result, the more electric-aircraft market is likely to experience robust growth driven by these supportive government measures.

    Consumer Demand for Innovative Travel Solutions

    Consumer demand for innovative travel solutions is reshaping the more electric-aircraft market. As travelers become more environmentally conscious, there is a growing preference for sustainable travel options. Surveys indicate that over 60% of U.S. travelers are willing to pay a premium for eco-friendly flights. This shift in consumer behavior is prompting airlines to explore electric aircraft as a viable alternative to traditional jets. The more electric-aircraft market stands to gain from this trend, as airlines seek to differentiate themselves by offering greener travel experiences. Additionally, the potential for reduced noise pollution and lower operating costs further enhances the appeal of electric aircraft, aligning with consumer expectations for modern air travel.

    Market Segment Insights

    By Application: Commercial (Largest) vs. Military (Fastest-Growing)

    In the US more electric-aircraft market, the application segment is primarily divided into Commercial and Military sectors. The Commercial sector holds a significant portion of the market share, driven by the increasing demand for sustainable and efficient air transport solutions. As airlines seek to reduce operational costs and environmental impact, the adoption of electric aircraft in commercial aviation is gaining momentum. On the other hand, the Military sector is emerging as the fastest-growing segment. This growth is propelled by advancements in technology and increased investments in sustainable aviation solutions for defense purposes. The need for advanced aircraft that cater to operational requirements while being environmentally conscious is driving the military applications of electric aircraft, paving the way for innovation and enhanced performance capabilities.

    Application: Commercial (Dominant) vs. Military (Emerging)

    The Commercial application segment is characterized by its extensive use in passenger and cargo transportation, aiming to innovate flight technology to improve efficiency while addressing ecological concerns. Major airlines are exploring electric aircraft options to enhance fleet sustainability, thus solidifying this segment as a dominant force within the market. Conversely, the Military segment, while currently smaller, shows great promise as it focuses on developing advanced electric aircraft for various defense operations. This segment is rapidly gaining traction due to the military's commitment to reducing its carbon footprint and the necessity for innovative solutions in surveillance, transport, and logistics missions. As technology evolves, both segments are expected to experience transformative growth.

    By Platform: Fixed Wing Aircraft (Largest) vs. UAV (Fastest-Growing)

    In the US more electric-aircraft market, Fixed Wing Aircraft dominate the market, accounting for the largest share among the different platform segments. This segment benefits from its established presence in the aviation sector and versatility in various applications, making it a preferred choice for many operators. In contrast, UAVs, while currently smaller in market share, have emerged rapidly due to advancements in technology and their ability to fulfill diverse roles in both commercial and civilian operations. The growth trends indicate a significant shift towards UAVs, which are becoming increasingly popular due to their operational efficiency and lower costs. Market drivers for this transition include innovations in battery technologies, regulatory support, and rising demand for aerial data collection and logistics solutions. These factors are propelling UAVs to the forefront of the market, making them a key focus for future investments and developments.

    Fixed Wing Aircraft (Dominant) vs. UAV (Emerging)

    Fixed Wing Aircraft are characterized by their ability to cover large distances efficiently and are widely used in commercial aviation, cargo transport, and surveillance. Their reliability and performance make them a staple in the aviation industry, securing substantial market presence. On the other hand, UAVs represent an emerging segment, known for their adaptability and advanced technologies. They are increasingly utilized in applications such as agricultural monitoring, infrastructure inspection, and delivery services. The UAV market is notable for its rapid innovation and scalability, positioning it as a compelling alternative to traditional aircraft, reflecting changing needs in the aviation landscape.

    Get more detailed insights about US More Electric Aircraft Market

    Key Players and Competitive Insights

    The more electric-aircraft market is currently characterized by a dynamic competitive landscape, driven by technological advancements and a growing emphasis on sustainability. Major players such as Boeing (US), Airbus (FR), and General Electric (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Boeing (US) focuses on integrating advanced electric propulsion systems into its aircraft designs, while Airbus (FR) emphasizes partnerships with technology firms to accelerate innovation in electric aircraft technologies. General Electric (US) is investing heavily in research and development to optimize electric power systems, indicating a collective shift towards more sustainable aviation solutions that could reshape the competitive environment.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The competitive structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to emerge, potentially disrupting traditional market dynamics. The collective influence of these major companies, however, remains significant, as they set industry standards and drive technological advancements.

    In October 2025, Boeing (US) announced a strategic partnership with a leading battery technology firm to develop next-generation energy storage solutions for electric aircraft. This move is likely to enhance Boeing's capabilities in electric propulsion, positioning the company to better compete in a market increasingly focused on energy efficiency and reduced emissions. The partnership underscores Boeing's commitment to innovation and its proactive approach to addressing the challenges of electric aviation.

    In September 2025, Airbus (FR) unveiled its latest electric aircraft prototype, which features a hybrid propulsion system designed to reduce fuel consumption by up to 30%. This development not only showcases Airbus's engineering prowess but also reflects its strategic focus on sustainability. By prioritizing eco-friendly technologies, Airbus is likely to attract environmentally conscious consumers and regulatory support, further solidifying its market position.

    In August 2025, General Electric (US) launched a new electric power management system aimed at optimizing energy distribution in electric aircraft. This system is expected to enhance operational efficiency and reliability, which are critical factors for airlines considering the transition to electric fleets. General Electric's initiative indicates a broader trend towards integrating advanced technologies that improve the overall performance of electric aircraft.

    As of November 2025, the competitive trends in the more electric-aircraft market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are shaping the landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to evolving market demands.

    Key Companies in the US More Electric Aircraft Market market include

    Industry Developments

    The US More Electric Aircraft Market is witnessing significant developments, particularly in relation to advancements in electric propulsion technologies. Companies like General Electric and Honeywell are leading innovations aimed at improving aircraft fuel efficiency and reducing emissions. In September 2023, Lockheed Martin announced a partnership with Boeing to co-develop next-generation electric propulsion systems, enhancing operational capabilities in the defense sector.

    Meanwhile, Raytheon Technologies has been investing in Research and Development to enhance their avionics systems, making them increasingly compatible with electric aircraft technologies.Recent updates on mergers and acquisitions include Spirit AeroSystems’ acquisition of certain assets from a smaller tech company in August 2023, enhancing their capabilities in electric aircraft components. Concurrently, the market has also seen fluctuating valuations as the demand for sustainable aviation solutions grows, leading to a surge in investment from companies like Textron and Rolls Royce.

    Over the past two to three years, the market has rapidly evolved, shifting focus due to increasing regulatory pressures for lower emissions, with the Biden administration promoting electric aircraft initiatives with supportive policies since early 2021.

    Future Outlook

    US More Electric Aircraft Market Future Outlook

    The more electric-aircraft market is projected to grow at a 13.0% CAGR from 2024 to 2035, driven by technological advancements, regulatory support, and increasing demand for sustainable aviation solutions.

    New opportunities lie in:

    • Development of advanced battery management systems for enhanced energy efficiency.
    • Integration of hybrid-electric propulsion systems to reduce operational costs.
    • Establishment of strategic partnerships for R&D in electric aircraft technologies.

    By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in sustainable aviation.

    Market Segmentation

    US More Electric Aircraft Market Platform Outlook

    • Fixed Wing Aircraft
    • Rotary Wing Aircraft
    • UAV

    US More Electric Aircraft Market Application Outlook

    • Commercial
    • Military

    Report Scope

    MARKET SIZE 2024 1950.6(USD Million)
    MARKET SIZE 2025 2204.18(USD Million)
    MARKET SIZE 2035 7481.4(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.0% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Airbus (FR), Boeing (US), Rolls-Royce (GB), Honeywell (US), Safran (FR), General Electric (US), Thales (FR), MagniX (US), Pipistrel (SI)
    Segments Covered Application, Platform
    Key Market Opportunities Advancements in battery technology enhance efficiency and sustainability in the more electric-aircraft market.
    Key Market Dynamics Technological advancements drive competitive forces in the more electric-aircraft market, reshaping regulatory frameworks and consumer preferences.
    Countries Covered US

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    FAQs

    What is the expected market size of the US More Electric Aircraft Market in 2024?

    The US More Electric Aircraft Market is expected to be valued at 1.5 billion USD in 2024.

    What will be the market size of the US More Electric Aircraft Market by 2035?

    By 2035, the market size is projected to reach 4.5 billion USD.

    What is the expected CAGR for the US More Electric Aircraft Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 10.503% from 2025 to 2035.

    What is the market size for the Commercial segment of the US More Electric Aircraft Market in 2024?

    The Commercial segment of the market is valued at 0.9 billion USD in 2024.

    How much is the Military segment of the US More Electric Aircraft Market projected to be worth in 2035?

    The Military segment is anticipated to reach 1.8 billion USD by 2035.

    Who are some of the key players in the US More Electric Aircraft Market?

    Major players include Northrop Grumman, Raytheon Technologies, Boeing, and Rolls Royce.

    What is the projected growth rate for the Commercial segment from 2025 to 2035?

    The Commercial segment is expected to have significant growth, reaching 2.7 billion USD by 2035.

    What challenges could the US More Electric Aircraft Market face in the coming years?

    Potential challenges include regulatory hurdles and the need for technological advancements.

    What opportunities exist in the US More Electric Aircraft Market?

    There are numerous opportunities in innovation and sustainability within the sector.

    How does the military application of electric aircraft influence the market growth?

    The Military application is crucial as it contributes to the overall growth and value of the market.

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