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Global More Electric Aircraft Market 2015-2019DUBLIN, November 27, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/jfwq3j/global_more) has announced the addition of the "Global More Electric Aircraft Market 2015-2019" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769) According to the report, one key driver of this market is the cost associated with ownership and operation. The use of more electric equipment in the aircraft has resulted in the replacement of the heavier and costlier mechanical and pneumatic systems. The use of electrical systems has reduced the weight of the aircraft by 3,307 lbs and led to a reduction in the overall cost of manufacturing the aircraft. The report forecasts the global more electric aircraft market to grow at a CAGR of 3.79% over the period 2014-2019. Further, the report states that one of the major challenges is the issues with Electrical Power System. Traditional aircraft use a fluctuating wild frequency AC as the source of power generation, but MEA need a controlled frequency AC with controlled voltage as well as 270V DC power distribution architecture, including distribution topology and generation and power conversion, as they consume 10 times more electric power thn traditional aircraft. Another major trend in this market is a fuel cell transforms chemical energy from using fuel into electricity through a chemical reaction. The increased use of fuel cells in aircraft is because of their multiple uses. For instance, the use of fuel cells in combination with turbines, compressors, and other components of the APU will increase the efficiency of converting fuel into electricity by 60%.
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Key Topics Covered: 02. List of Abbreviations 03. Scope of the Report 06. Market Landscape 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Trends and their Impact 17. Vendor Landscape
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