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Electric Aircraft Market by Aircraft Type (Ultralight Aircraft, Light Jet), Component (Battery, Electric Motor), Technology (Hybrid and All Electric), Range (Less than 500 Km and More than 500 Km), and Region - Global Forecast to 2023

Electric Aircraft Market by Aircraft Type (Ultralight Aircraft, Light Jet), Component (Battery, Electric Motor), Technology (Hybrid and All Electric), Range (Less than 500 Km and More than 500 Km), and Region - Global Forecast to 2023

The electric aircraft market is projected to grow at a CAGR of 4.17% from 2018 to 2023
The electric aircraft market is projected to grow from an estimated USD 99.3 million in 2018 to USD 121.8 million by 2023, at a CAGR of 4.17% from 2018 to 2023. Lower cost of ownership of electric aircraft and advantages of electric aircraft over traditional aircraft are key factors driving the growth of the electric aircraft market.

Based on component, the others segment is estimated to account for the largest share of the electric aircraft market in 2018
Based on the component, the others segment is estimated to account for the largest share of the electric aircraft market in 2018. The others segment include electric ducted fans and power electronics. The others segment include electric ducted fans and power electronics. Power electronics are used to power all crucial aircraft components, including flight control actuation, environmental control systems, utility functions, and cabin pressurization, which were conventionally controlled by hydraulic and pneumatic means. Electric ducted fans use multiple propeller blades attached to a single electric motor in an aircraft.

The Europe region is estimated to account for the largest share of the electric aircraft market in 2018
The Europe region is estimated to account for the largest share of the electric aircraft market in 2018. This region is highly fragmented with a large number of electric aircraft manufacturers, namely, PC Aero (Germany), Pipistrel (Italy), Lilium (Germany), Alisport SRL (Italy), and Schempp-Hirth (Germany). The aircraft and its component industry in Europe is aiming to use new advanced materials, such as gamma-titanium aluminides and single crystals, with improved mechanical properties, these advanced engines help aircraft reduce its fuel consumption, carbon emissions, and noise pollution.

The breakup of the profiles of the primary participants in this report on the electric aircraft market has been given below:
By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C Level - 35%, Director Level - 25%, and Others - 40%
By Region: North America - 30%, Europe - 20%, Asia Pacific - 30%, Middle East- 10% and RoW - 10%

Key players profiled in this report on the electric aircraft market are Zunum Aero (US), Yuneec International (China), PC Aero (Germany), Pipistrel (Italy), Eviation Aircraft (Israel) Lilium (Germany), Schempp-Hirth (Germany), Volta-Volaré (US), Bye Aerospace (US) and Electric Aircraft Corporation (US). Some of the innovators of different types of electric aircraft are DeLorean Aerospace (US), Joby Aviation (US), Siemens (Germany), and Evektor (Czech Republic).

Research Coverage:
The market study segments the electric aircraft market based on the aircraft type (ultralight aircraft, light jet), component (battery, electric motor, and others), technology (hybrid and all electric), range (less than 500 km, and more than 500 km) and maps these segments and subsegments across 5 major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW). The report provides in-depth market intelligence regarding market dynamics and major factors, such as drivers, opportunities, and industry-specific challenges that influence the growth of the electric aircraft market, along with an analysis of micro markets with respect to individual growth trends, prospects, and their contribution to the electric aircraft market.

Reasons to Buy This Report:
From an insight perspective, this research report focuses on various levels of analyses, which include industry analysis (industry trends), market share analysis of the top players, supply chain analysis, and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high growth segments of the electric aircraft market, high growth regions, and drivers, opportunities, and challenges for the electric aircraft market.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on different types of electric aircraft offered by the top players operating in the electric aircraft market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new product launches in the electric aircraft market.

Market Development: Comprehensive information about emerging markets as the report analyzes the markets for electric aircraft across varied regions.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the electric aircraft market.

Competitive Assessment: In-depth assessment of the market shares, strategies, products, and manufacturing capabilities of the leading players operating in the electric aircraft market.


  • INTRODUCTION
  • OBJECTIVE OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN ELECTRIC AIRCRAFT MARKET, 2018-2023
    • ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE
    • ELECTRIC AIRCRAFT MARKET, BY RANGE
    • ELECTRIC AIRCRAFT MARKET, BY COMPONENT
    • EUROPE ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY AND BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRIAL TRENDS
    • INTRODUCTION
    • UPCOMING TECHNOLOGIES IN ELECTRIC AIRCRAFT MARKET
      • FUEL CELL TECHNOLOGY
      • ADVANCED BATTERY MATERIALS FOR ELECTRIC AIRCRAFT
        • Table TYPES OF ADVANCED AIRCRAFT BATTERIES
      • LEADING EDGE ASYNCHRONOUS PROPELLER TECHNOLOGY (LEAPTECH)
      • AIR TAXIS FOR SUSTAINABLE TRANSPORTATION
    • INFRASTRUCTURE SOLUTIONS
      • WIRELESS POWER TRANSMISSION
      • BACK-UP BATTERY SYSTEM
    • ELECTRICAL PROPULSION AIRCRAFT DESIGN
      • HYBRID ELECTRIC PROPULSION SYSTEM DESIGN
      • ALL ELECTRIC PROPULSION SYSTEM DESIGN
    • ADOPTION OF ELECTRICAL SYSTEMS BY VARIED AIRCRAFT TYPE
    • NEW ELECTRICAL AIRCRAFT PLATFORMS
  • ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE
    • INTRODUCTION
      • Table ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
    • ULTRALIGHT AIRCRAFT
      • Table ULTRALIGHT ELECTRIC AIRCRAFT MARKET, BY REGION, 2016-2023 (USD MILLION)
    • LIGHT JET
      • Table LIGHT JET ELECTRIC AIRCRAFT MARKET, BY REGION, 2016-2023 (USD MILLION)
  • ELECTRIC AIRCRAFT MARKET, BY COMPONENT
    • INTRODUCTION
      • Table ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
    • AIRCRAFT BATTERY
      • Table ELECTRIC AIRCRAFT BATTERY MARKET, BY REGION, 2016–2023 (USD MILLION)
      • Table ELECTRIC AIRCRAFT BATTERY MARKET, BY POWER DENSITY, 2016-2023 (USD MILLION)
    • AIRCRAFT ELECTRIC MOTOR
      • Table ELECTRIC AIRCRAFT ELECTRIC MOTOR MARKET, BY REGION, 2016–2023 (USD MILLION)
      • Table ELECTRIC AIRCRAFT ELECTRIC MOTOR MARKET, BY POWER DENSITY, 2016–2023 (USD MILLION)
    • OTHERS
      • Table ELECTRIC AIRCRAFT OTHERS MARKET, BY REGION, 2016-2023 (USD MILLION)
  • ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
    • HYBRID AIRCRAFT
      • Table HYBRID ELECTRIC AIRCRAFT MARKET, BY REGION, 2016-2023 (USD MILLION)
      • Table HYBRID ELECTRIC AIRCRAFT MARKET, BY POWER SOURCE, 2016-2023 (USD MILLION)
      • SOLAR-POWERED AIRCRAFT
      • FUEL-POWERED AIRCRAFT
    • ALL ELECTRIC AIRCRAFT
      • Table ALL ELECTRIC AIRCRAFT MARKET, BY REGION, 2016-2023 (USD MILLION)
  • ELECTRIC AIRCRAFT MARKET, BY RANGE
    • INTRODUCTION
      • Table ELECTRIC AIRCRAFT MARKET, BY RANGE, 2016-2023 (USD MILLION)
    • LESS THAN 500 KM
      • Table LESS THAN 500 KM ELECTRIC AIRCRAFT MARKET, BY REGION, 2016–2023 (USD MILLION)
    • MORE THAN 500 KM
      • Table MORE THAN 500 KM ELECTRIC AIRCRAFT MARKET, BY REGION, 2016–2023 (USD MILLION)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table ELECTRIC AIRCRAFT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA ELECTRIC AIRCRAFT MARKET SIZE, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA ELECTRIC AIRCRAFT MARKET, BY RANGE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: ELECTRIC AIRCRAFT MARKET, BY COUNTRY, 2015-2022 (USD MILLION)
      • US
        • Table US ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table US ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table CANADA ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table EUROPE ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • Table EUROPE ELECTRIC AIRCRAFT MARKET, BY RANGE, 2016-2023 (USD MILLION)
      • Table EUROPE ELECTRIC AIRCRAFT, BY COUNTRY, 2016-2023 (USD MILLION)
      • UK
        • Table UK ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table UK ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table FRANCE ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • NORWAY
        • Table NORWAY ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table NORWAY ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC ELECTRIC AIRCRAFT MARKET, BY RANGE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC ELECTRIC AIRCRAFT, BY COUNTRY, 2016-2023 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table AUSTRALIA ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table CHINA ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • NEW ZEALAND
        • Table NEW ZEALAND ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table NEW ZEALAND ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016-2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016–2023 (USD MILLION)
    • REST OF THE WORLD
      • Table REST OF THE WORLD ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016–2023 (USD MILLION)
      • Table REST OF THE WORLD ELECTRIC AIRCRAFT MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table REST OF THE WORLD ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016–2023 (USD MILLION)
      • Table REST OF THE WORLD ELECTRIC AIRCRAFT MARKET, BY RANGE, 2016–2023 (USD MILLION)
      • Table REST OF THE WORLD ELECTRIC AIRCRAFT, BY REGION, 2016–2023 (USD MILLION)
      • MIDDLE EAST
        • Table MIDDLE EAST ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016–2023 (USD MILLION)
        • Table MIDDLE EAST ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016–2023 (USD MILLION)
      • LATIN AMERICA
        • Table LATIN AMERICA ELECTRIC AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2016–2023 (USD MILLION)
        • Table LATIN AMERICA ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS
      • Table RANKING OF PLAYERS IN THE ELECTRIC AIRCRAFT MARKET
    • COMPETITIVE SCENARIO
      • CONTRACTS
        • Table CONTRACTS, 2010-2018
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2011–2018
      • AGREEMENTS & COLLABORATIONS
        • Table AGREEMENTS & COLLABORATIONS, 2016–2017
  • COMPANY PROFILE
    • ZUNUM AERO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • YUNEEC INTERNATIONAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PC AERO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • PIPISTREL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EVIATION AIRCRAFT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LILIUM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ALISPORT SRL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • SCHEMPP-HIRTH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BYE AEROSPACE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DIGISKY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • ELECTRIC AIRCRAFT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • VOLTA VOLARE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • HAMILTON AERO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ELECTRAVIA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • WRIGHT ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • AURORA (A BOEING COMPANY)
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • MNM VIEW
    • INNOVATORS
      • DELOREAN AEROSPACE
      • JOBY AVIATION
      • POWEROASIS
      • SYNERGY AIRCRAFT
      • ZEE AERO
      • AIRBUS
      • EMBRAER
      • CESSNA AIRCRAFT (TEXTRON AVIATION)
      • AIRSPACEX (DETROIT AIRCRAFT CORPORATION)
      • EVEKTOR
      • SIEMENS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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