Aircraft Electrification Market Becoming a Catalyst for Technological Progress Market Overview
The global aircraft electrification market was valued at USD 8.32 billion in 2023 and is expected to grow at a CAGR of 13.3% during the forecast period.
Aircraft electrification encompasses hybrid-electric and fully electric propulsion systems, as well as electrified components and onboard systems. These innovations aim to reduce fuel consumption, decrease greenhouse gas...