Nanotech-enabled Aircraft Power Solutions Market – Trends and Forecasts by Technavio

LONDON–(BUSINESS WIRE)–#AerospaceComponents–Technavio’s latest report on the global
nanotech-enabled aircraft power solutions market
provides an
analysis of the most important trends expected to impact the market
outlook from 2017-2021. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

The growing demand for lightweight aircraft, aircraft performance
optimization, and reduction in operating costs have led to increased
dispatch of reliable aircraft and rapid technological advances in engine
parts and batteries. Over the last two decades, nanotechnology
components have emerged as a practical alternative to conventionally
manufactured parts.

Avimanyu Basu, a lead analyst from Technavio, specializing in research
on aerospace
sector, says, “Growing efforts to improve the
sustainability of the existing combat aircraft designs, along with the
growing procurements of advanced next-generation combat aircraft, has
propelled the market. These projects have influenced original equipment
manufacturers and component manufacturing stakeholders to invest
significantly in the development of facilities that can support the
nanotechnology-based manufacturing process.”

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The top three emerging trends driving the global
nanotech-enabled aircraft power solutions market
according to
Technavio research analysts are:

  • Emergence of zero-fuel aircraft
  • Adoption of ULM batteries
  • Evolution of MEA

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Emergence of zero-fuel aircraft

Zero-fuel aircraft use photovoltaic panels that absorb energy from the
sun and convert them into energy to thrust the engines. Of late, there
has been an increasing interest in the commercial and civil sectors for
using such aircraft in applications, including agriculture, aerial
photography, 3D mapping, wildlife protection, and provision of internet
access in remote places.

“The Solar Impulse 2 completed its first trip of 16 hours in May
2016. The primary objective of the project is to generate awareness and
raise support from the governments to promote renewable technologies
that can help in diminishing harmful effects of using fossils fuels,”
to Avimanyu.

Adoption of ULM batteries

A team of researchers from the University of Michigan developed a new
battery technology that features an innovative barrier between the
electrodes in a Li-ion battery. This barrier has been fabricated out of
nanofibers extracted from Kevlar. This barrier has been found to prevent
the growth of metal tendrils, which bridges the gap between two
electrodes resulting in short circuits.

Apart from the nanotechnology-enabled membrane, the safety feature can
be further enhanced with the aid of Kevlar’s heat resistance property.
With this, the membrane can withstand higher temperatures and project a
better chance of surviving a fire.

Evolution of MEA

The growing demand for MEA is having a positive impact on the changing
overall military airborne platform market. The changing industry
dynamics toward fuel-efficient aircraft is one of the major factors
driving the need for MEA. The first phase of this trend is expected to
extend till 2023 and will focus on leveraging the current technologies
and their enhancements in both engines and systems in aircraft.

This will be followed by the second phase that will continue till 2030
and will be directed toward the implementation of disruptive
technologies in engines and systems. Though a significant number of MEA
programs are expected to take place during this period, there will be a
considerable amount of reservations and restrictions, which will
necessitate carefully tailored strategies.

The key vendors are as follows:

  • Airbus
  • NASA
  • Sila Nanotechnologies
  • Cella Energy

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