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    US More Electric Aircraft Market

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

    The US More Electric Aircraft market is poised for substantial growth, expanding from 1.5 USD Billion in 2024 to 4.5 USD Billion by 2035.

    Key Market Trends & Highlights

    US More Electric Aircraft Key Trends and Highlights

    • The US More Electric Aircraft market is projected to grow at a CAGR of 10.5% from 2025 to 2035.
    • By 2035, the market is expected to reach a valuation of 4.5 USD Billion, indicating robust demand for innovative aircraft technologies.
    • In 2024, the market valuation stands at 1.5 USD Billion, reflecting the initial stages of growth in this sector.
    • Growing adoption of electric propulsion systems due to environmental sustainability concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.5 (USD Billion)
    2035 Market Size 4.5 (USD Billion)
    CAGR (2025-2035) 10.5%

    Major Players

    Northrop Grumman, Raytheon Technologies, Spirit AeroSystems, Boeing, Lockheed Martin, Rolls Royce, Honeywell, General Electric, Textron, United Technologies, Safran, Moog, Ball Aerospace, Airbus

    US More Electric Aircraft Market Trends

    The US More Electric Aircraft Market is witnessing significant trends driven by advancements in technology and environmental regulations. The push for sustainable aviation has become a key market driver in the US, with both the federal government and leading aerospace companies focusing on reducing carbon emissions. Initiatives such as the Sustainable Aviation Fuel (SAF) initiative and support for electric propulsion systems from agencies like NASA and the FAA underscore the commitment to greener flight options. The advancement of battery technology and electric propulsion systems is opening new avenues for aircraft manufacturers to innovate.

    Opportunities to be explored include the development of hybrid-electric systems which can decrease fuel consumption while maintaining performance.Moreover, the potential for regional and smaller aircraft to utilize electric technology presents new market segments for exploration. In recent times, the US has observed an increase in collaborations between major aerospace companies and technology startups, aimed at accelerating the adoption of electric and hybrid-electric aircraft. This collaboration is essential in pushing the envelope on developing more efficient systems. The US government's focus on infrastructure developments, including charging stations for electric aircraft, also sets a foundation for growth in this market.

    Furthermore, there is a noticeable trend towards training programs aimed at equipping pilots and engineers with the necessary skills required for operating more electric aircraft, ensuring a workforce prepared for the future of aviation.The increasing interest from investors in eco-friendly aviation solutions is further solidifying the momentum of this market in the US, signaling a strong shift towards electrification in the aviation industry.

    Market Segment Insights

    US More Electric Aircraft Market Segment Insights:

    US More Electric Aircraft Market Segment Insights:

    More Electric Aircraft Market Application Insights

    More Electric Aircraft Market Application Insights

    The US More Electric Aircraft Market is witnessing a transformative evolution in its Application segment, which encompasses both Commercial and Military aircraft. The market is characterized by a strong shift towards more electric systems, aiming to enhance fuel efficiency and reduce emissions, which is in line with the United States' strategic initiatives to promote sustainable aviation. As the need for environmentally friendly options grows, the Commercial segment benefits significantly from advancements in technology and increasing consumer demand for reduced carbon footprints from airlines.

    Meanwhile, the Military segment plays a crucial role in national defense, focusing on innovative technologies that enhance mission capabilities, reduce maintenance costs, and increase operational efficiency. With the projected growth of the US More Electric Aircraft Market revenue, the Application segment underlines a strategic opportunity for manufacturers to leverage new technologies and address government requirements for performance, safety, and sustainability. The Commercial sector is largely driven by the emergence of more electric regional jets and larger aircraft that integrate lighter materials and electric components while maintaining safety and operational reliability.

    In terms of trends, advancements in battery technology and electric propulsion systems are paving the way for new aircraft designs that promise lower operating costs over time.On the Military side, the push for advanced capabilities translates into a focus on electric systems that not only enhance aircraft performance but also support tactical advantages in various scenarios. The Department of Defense is actively exploring electric and hybrid-electric propulsion systems to improve stealth capabilities and overall effectiveness in missions.

    As a result, investments in Research and Development (R&D) within this segment are significant, aligning with broader defense spending initiatives to modernize fleets and achieve greater operational readiness.With ongoing developments in regulatory frameworks and technological partnerships, the Application segment of the US More Electric Aircraft Market indicates a robust landscape for innovation and investment. Overall, both Commercial and Military sectors are poised to contribute substantially to the growth and evolution of the broader market, acting as catalysts for further advancements in more electric aircraft technologies.

    More Electric Aircraft Market Platform Insights

    More Electric Aircraft Market Platform Insights

    The US More Electric Aircraft Market, particularly within the Platform segment, showcases a robust landscape driven by the growing demand for advanced aviation technologies and environmental sustainability. This segment is composed of various types of aircraft, with Fixed Wing Aircraft, Rotary Wing Aircraft, and Unmanned Aerial Vehicles (UAV) each playing significant roles. Fixed Wing Aircraft are crucial due to their efficiency in long-range travel and cargo transport, appealing to both commercial and military operations.

    Rotary Wing Aircraft provide enhanced versatility and maneuverability, making them essential for search and rescue operations and urban air mobility solutions.Meanwhile, UAVs are gaining traction for their applications in surveillance, agriculture, and logistics, significantly contributing to operational efficiency and cost reduction. The increasing focus on reducing aviation emissions and enhancing fuel efficiency drives innovation and market growth within this segment. Moreover, advances in battery technology and electrical systems pave the way for more sustainable and economically viable aircraft solutions.

    As the US government emphasizes electrification in aviation, these platforms are expected to lead the transformation towards a greener aerospace industry, reflecting robust trends and fostering opportunities across various applications in the aviation sector.

    Get more detailed insights about US More Electric Aircraft Market

    Key Players and Competitive Insights

    The US More Electric Aircraft Market is rapidly evolving, driven by innovations in technology, environmental concerns, and regulatory policies aimed at reducing emissions. A significant focus is placed on developing aircraft powered by electric systems that enhance efficiency and operational performance. Electric systems are becoming integral to the aerospace sector, allowing for reduced weight, improved reliability, and greater energy management. This market is characterized by an increasing number of players, both established aerospace giants and emerging startups, each bringing distinct technologies and approaches to the advancement of more electric aircraft.

    Competitive dynamics are influenced by intense research and development efforts, partnerships among key stakeholders, and a heightened emphasis on sustainability within the aviation sector. The continuous push towards electrification further intensifies competition, particularly as companies strive to offer innovative solutions and navigational systems that comply with stringent regulations and customer demands.Northrop Grumman positions itself as a formidable player in the US More Electric Aircraft Market, leveraging its extensive experience in defense and aerospace. The company capitalizes on its strong technical capabilities, especially in developing advanced avionics and electric propulsion systems, allowing it to create more efficient and versatile aircraft.

    With a well-established presence in the defense sector, Northrop Grumman has a solid foundation that provides them with a strategic advantage in the development of more electric systems. Its commitment to innovation and quality engineering has resulted in successful projects and technologies that align with the growing trend towards electrification in aviation.

    The synergies from its established defense contracts and the innovative research efforts in electric and hybrid designs add to its strengths, distinguishing Northrop Grumman in a competitive landscape focused on more electric aircraft.Raytheon Technologies plays a significant role in the US More Electric Aircraft Market by offering cutting-edge solutions and technologies that enhance aircraft performance and operational efficiency. The company is engaged in developing advanced systems including electrical power generation and distribution systems which are vital for electrifying modern aircraft.

    Raytheon Technologies' strong market presence is reinforced by its commitment to innovation, notable investments in R&D, and strategic partnerships aimed at creating integrated solutions for the aerospace industry. The company has also capitalized on mergers and acquisitions, combining its expertise with that of other industry leaders to bolster its capabilities in more electric aircraft technologies. Its robust portfolio of services includes flight controls, avionics, and propulsion systems that are essential for the advancement of electric aircraft, positioning Raytheon Technologies as a leader in transforming the aviation landscape in the US.

    These strengths, coupled with a proactive approach in addressing market demands, solidify its competitive edge in the growing market for more electric aircraft.

    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.

    Market Segmentation

    Outlook

    • Fixed Wing Aircraft
    • Rotary Wing Aircraft
    • UAV

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 1.26(USD Billion)
    MARKET SIZE 2024 1.5(USD Billion)
    MARKET SIZE 2035 4.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.503% (2025 - 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 Billion
    KEY COMPANIES PROFILED Northrop Grumman, Raytheon Technologies, Spirit AeroSystems, Boeing, Lockheed Martin, RollsRoyce, Honeywell, General Electric, Textron, United Technologies, Safran, Moog, Ball Aerospace, Airbus
    SEGMENTS COVERED Application, Platform
    KEY MARKET OPPORTUNITIES Advanced battery technology integration, Sustainable aviation power systems, Electric propulsion system development, Retrofitting legacy aircraft, Regulatory support for electric aviation
    KEY MARKET DYNAMICS shift towards sustainability, advancements in battery technology, regulatory support for electrification, rising fuel costs, increasing demand for eco-friendly transportation
    COUNTRIES COVERED US

    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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