Home Press Release Aircraft Electric Motors Market Size Projected to Reach $20.5 billion by 2034 | 9.1%

Aircraft Electric Motors Market Size Projected to Reach $20.5 billion by 2034 | 9.1%

23 Jul, 2026

According to Straits Research, the global aircraft electric motors market size was valued at $9.2 billion in 2025 and is projected to reach $20.5 billion by 2034, growing at a CAGR of 9.1% during the forecast period 2026–2034.

Market Dynamics

Aircraft Electric Motors Market is being driven by increasing adoption of electric propulsion in regional aircraft, UAVs, and Advanced Air Mobility (AAM) platforms, increasing efforts towards low-emission and sustainable aviation. Demand for the market is being driven by increasing investment in hybrid-electric and all-electric aircraft programs, government-led urban air mobility schemes, and electrification mandates, across civil, commercial, and defense areas.

Encouraging government support for e Aviation, infrastructure development for eVTOL corridors, and R&D activities in the United States, Europe, China, and Japan is a growth driver. Investments in high-efficiency electric motors, use of advanced motor control systems, and implementation of digital flight management platforms are creating new opportunities for aircraft original equipment manufacturers, component suppliers, and propulsion system manufacturers.

Market Highlights

  • Segmental Leadership: AC Motor segment holds the largest share of 67%, while DC Motor segment records the fastest CAGR specifically 10.8%.
  • Aircraft Type Outlook: Advanced Air Mobility (AAM) is estimated to register the fastest CAGR growth of 11.2%, driven by increasing urban air mobility initiatives and electrification mandates.
  • Output Power Insights: The 10–200 kW segment held the highest market share of 46.15% in 2025, reflecting the widespread adoption of medium-power motors for regional and urban air mobility aircraft.
  • Application Outlook: The propulsion systems application segment is expected to expand at the highest pace of 10.9% due to growing adoption of electric propulsion in regional aircraft, UAVs, and AAM platforms.
  • Regional Insights: North America leads with over 36.42% share, supported by strong regulatory frameworks, advanced aerospace infrastructure, and growing investments in electric propulsion technologies.

Market Segments

  1. By Type (2022-2034)
    1. AC Motor
    2. DC Motor
  2. By Aircraft Type (2022-2034)
    1. Fixed Wing
    2. Rotary Wing
    3. Unmanned Aerial Vehicles (UAVs)
    4. Advanced Air Mobility (AAM)
  3. By Output Power (2022-2034)
    1. Up to 10 kW
    2. 10–200 kW
    3. Above 200 kW
  4. By Application (2022-2034)
    1. Propulsion Systems
    2. Flight Control Systems
    3. Environmental Control Systems
    4. Actuation Systems
    5. Cabin Interior Systems
    6. Others
  5. By Region (2022-2034)
    1. North America
    2. Europe
    3. APAC
    4. Latin America
    5. Middle East and Africa