Electric Aircraft Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025

Global Electric Aircraft Market size is projected to be valued $149 Million by 2025; with a CAGR of 7.5% from 2017 to 2025. An electric aircraft is such an aircraft which is powered by electric motors through electricity supplied by a variety of energy sources such as batteries, fuel cells, solar cells, ultracapacitors, and power beaming. Batteries are the most common energy carriers used by electric aircraft due to its relatively high capacity. It also helps to protect the environment by eliminating the need for the use of fossils fuels to run the engine of the aircraft.

Key factors driving the growth of the global electric aircraft market include advantages of electric aircraft compared to traditional aircraft, and lower cost of ownership of electric aircraft. But, the necessity for development of high-density battery solutions for electric aircraft may limit the growth of the electric aircraft market. Additionally, electrification of large commercial jets would provide new opportunities for players in this market.

The electric aircraft market has been categorized on the basis of aircraft type, component, technology, power density, and geography. By aircraft type, the market is further classified into light jet, and ultra-light aircraft. By component, the market is categorized into the electric motor, battery, and other components. Technology includes hybrid, and all electric. By power density, the market is separated into More than 500 km, and Less than 500 km.

Global electric aircraft market, on the basis of geography, is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into the U.S., Canada, and Mexico whereas Europe segment consists of UK, Russia, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

Major companies operating in the global electric aircraft market areZunum Aero, Bye Aerospace, Lilium, PC Aero, Eviation Aircraft, Schempp-Hirth, Yuneec International, Volta-Volaré, Electric Aircraft Corporation, and Pipistrel, among others.

The key takeaways from the report

  • The detailed analysis of the global electric aircraft market with respect to key segments such as aircraft type, component, technology, power density, and geography has been included in the report
  • The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
  • Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report
  • An exhaustive regional and country wise analysis of global electric aircraft market has been covered in the report
  • Profile of the major key players operating in the global electric aircraft market will be provided, with a detailed study on their key financials, product & services, new developments, and business strategies

Scope of the Global Electric Aircraft Market

Aircraft Type Segments

  • Light Jet
  • Ultra-light Aircraft

Component Segments

  • Electric Motor
  • Battery
  • Other Components

Technology Segments

  • Hybrid
  • All Electric

Power Density Segments

  • More than 500 KM
  • Less than 500 KM

Geographical Segments

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Russia
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • RoW
    • South America
    • Middle East
    • Africa
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