Hybrid Electric Jet Market is Boosted by Decrease in the Green Gas Emission

The hybrid electric jets are the aircrafts powered with the electric motors. The electricity is supplied through several methods such as batteries, solar cells, ultra capacitors, fuel cells, and power beaming. Electrified hybrid aircrafts are cleaner as compared to conventional models. The aviation industry is focused in reducing the fuel use and carbon emissions by manufacturing lightweight plane, efficient engines, and airlines using the biofuel blends for better traffic flow management. 

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Hybrid Electric Jet Market Key Driving Factor
Decrease in the green gas emissions is the major factor driving growth of the global hybrid electric jet market

Decreasing the green gas emissions such as carbon dioxide, methane, nitrous oxide and among others is the major factor driving growth of the global hybrid electric jet market. The jets using conventional motors results in green gas emissions, which is the major environmental concerns. 
Global Hybrid Electric Jet Market: Regional Insights

Europe is expected to exhibit the highest growth in the market during the forecast period, owing to the presence of large number of manufacturers such as Airbus SE, Rolls Royce, Siemens AG, Boeing, and EasyJet. Europe is projected to retain its dominance in market over the forecast period, owing to increasing number of manufactures, collaboration, and partnerships.

Key companies

The major players operating in the hybrid electric jet market include Zunum Aero, Boeing HorizonX, Uber Technologies Inc, JetBlue Technology, Siemens AG, Airbus SE, Rolls Royce, Lilium, EasyJet Ltd., and Wright Electric.

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Detailed Segmentation:

• Global Hybrid Electric Jet Market, By Electric Motor Type:
◦ Batteries
◦ Solar Cells
◦ Gas-powered
◦ Ultra Capacitors
◦ Power Cables
• Global Hybrid Electric Jet Market, By End-User:
◦ Industrial
◦ Commercial

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This release was published on openPR.