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Stock impact report

Aircraft Electrification Market Forecast by Component, Technology, Application, and Region; 2030 - Featuring BAE Systems, Astronics, Honeywell International, Thales, Rolls-Royce, and More ...

Astronics Corporation (ATRO) 
Last astronics corporation earnings: 2/26 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.astronics.com
Company Research Source: Yahoo! Finance
The global aircraft electrification market is expected to reach an estimated $18.4 billion by 2030 with a CAGR of 15.5% from 2024 to 2030. The future of the market looks promising with opportunities in the power generation, power distribution, power conversion, and energy storage applications. The major drivers for this market are growing demand for environmentally friendly and less noisy airplanes, escalating request for electrical components in aviation, and continuous progress in the development of electric propulsion systems for aircraft. The study includes a forecast for the global aircraft electrification by component, technology, application, and region. Aircraft Electrification Market by Component [Shipment Analysis by Value from 2018 to 2030]: Batteries Fuel Cells Electric Actuators Generators Motors Power Electronics Distribution Devices Others Batteries will remain the largest segment over the forecast period due to its various advancement, such as Show less Read more
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