Electrification Takes Flight in Aviation SectorJune 10, 2020
Electrification is more than a buzzword—it’s the future. In fact, the electrification market for aircraft is expected to grow significantly over the next decade. By 2022, the market is projected to exceed $3.4 billion, potentially growing to $8.6 billion in 2030. In other words, it’s time to head to your seat and buckle up—the electrification market is about to take flight.
Governments in the U.S., Japan, and Europe are hosting consortiums and partnering with private sector enterprises to accelerate the electrification of the aviation industry. The 2018 consortium hosted by the Japan Aerospace Exploration Agency brought together 50 key organizations and 400 participants to determine the future of electrification. Meanwhile, NASA recently inked a $12 million deal with GE through its Advanced Air Vehicles Program “to enable the future of flight for large commercial aircraft with electric propulsion.”
In the UK, Rolls Royce completed a purchase of Siemens in October “to support national and international goals of CO2 emission reductions for the benefit of society.” Driven by the desire to reduce carbon emissions and noise pollution, electrification is starting to reshape the world—and it’s happening fast.
How are you adapting? What type of tests do you need? Contact us today—and learn how we can support your push towards electric testing for the aviation sector.