The Global Electric Aircraft Market Report is a comprehensive report on the Electric Aircraft Market, offering key insights on business strategies, current trends, and presenting qualitative and quantitative analysis of the Electric Aircraft Market. This report offers in-depth research insights on key and significant aspects of the Electric Aircraft Market, providing an in-depth analysis of key drivers, restraints, restraints, growth prospects, threats, and risks. The report also includes an in-depth analysis of the competitive landscape and regional scope of the Electric Aircraft Market. Additionally, the report will be updated in line with changes in market dynamics and economic scenarios due to the COVID-19 pandemic.
The global electric aircraft market size was USD 7.80 Billion in 2021 and is expected to register a revenue CAGR of 15.5% during the forecast period. Advancements in power electronics and batteries is a key factor driving market revenue growth.
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The logistics industry has been working to achieve zero-emission logistics because it is concerned about emissions produced by cargo flights. Logistics industry stakeholders are investing in electric means of transportation to lower their carbon impact. As a result, use of all-electric aircraft as a means of transportation in logistics creates new opportunities for electric aircraft producers. Logistics are transported by cargo or freight aircraft, which can be flown by commercial passengers, cargo airlines, private citizens, or national armed forces.
However, insufficient energy density of batteries is one of the main hurdles flight manufacturers of electric aircraft must overcome. Watt-hours per kilogram (Wh/kg) are commonly used to express energy density for propulsion in airplanes.
Research Report on the Electric Aircraft Market Addresses the Following Key Questions:
Who are the dominant players of the Electric Aircraft market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Electric Aircraft market?
What are the key growth drivers and restraining factors of the Electric Aircraft market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Electric Aircraft market and its key segments?
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Electric Aircraft market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Major Companies in the Market Include:
Eviation Aircraft, Airbus SE, Pipistrel, Lilium GmbH, Elbit Systems Ltd., Israel Aerospace Industries, Aerovironment Inc., Joby Aviation Inc., Vertical Aerospace Group Ltd., and Ehang Holdings Ltd.
The report bifurcates the Electric Aircraft market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Key Parameters Analyzed in This Section:
Product sales trends
Sales & distribution channels
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Emergen Research has segmented the electric aircraft market based on type, system, application, and region:
Type Outlook (Revenue, USD Billion; 2019–2030)
- Hybrid Wing
- Fixed Wing
- Rotary Wing
System Outlook (Revenue, USD Billion; 2019–2030)
- Electric Motors
Application Outlook (Revenue, USD Billion; 2019–2030)
Regional Landscape section of the Electric Aircraft report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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