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Electric Aircraft Market Analysis, Trends, Growth, Research And Forecast 2032
Electric Aircraft Market
Electric Aircraft Market Size, Growth Rate, And Forecast
The global electric aircraft market size is expected to grow from $7.94 billion in 2022 to $9.10 billion in 2023, at a compound annual growth rate (CAGR) of 14.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric aircraft market size is expected to grow to $15.16 billion in 2027 at a CAGR of 13.6%.
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Electric Aircraft Market Drivers
A surge in global air passenger volume is expected to drive the electric aircraft market. Airlines that specialize in carrying people are called passenger airlines. Air passengers are opting for air travel due to its benefits, such as speed, increased international travel, and others. The electric aircraft reduces the cost of travel for passengers and contributes to the environment by being sustainable.
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Electric Aircraft Market Segments
• By Type: Fixed Wing, Rotary Wing, or Hybrid Wing
• By Technology: CTOL, STOL, VTOL
• By System: Batteries, Electric Motors, Aerostructures, Avionics, Software, Other Systems
• By Platform: Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft
• By Application: Commercial, Military, and Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the electric aircraft market.
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Electric Aircraft Market Key Players
Major competitors in the electric aircraft market include Airbus Yuneec Holding Limited, The Boeing Company, Yuneec International, Lilium GmbH, Safran SA, Bye Aerospace, Zunum Aero, Raytheon Company.
The Business Research Company's "Global Electric Aircraft Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Electric Aircraft Market Include:
1. Executive Summary
2. Electric Aircraft Market Characteristics
3. Electric Aircraft Market Trends And Strategies
4. Electric Aircraft Market - Macro Economic Scenario
5. Electric Aircraft Market Size And Growth
……
26. Africa Electric Aircraft Market
27. Electric Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Aircraft Market
29. Electric Aircraft Market Future Outlook and Potential Analysis
30. Appendix
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