Hybrid Aircraft Market Size, Share, By Aircraft Type, Component, Power Source, Mode of Operation, Lift Technology, and Region - Trends, Analysis, and Forecast till 2035
Description
Hybrid Aircraft Market Size, Share, By Aircraft Type, Component, Power Source, Mode of Operation, Lift Technology, and Region - Trends, Analysis, and Forecast till 2035
Hybrid aircraft represents a significant innovation in aviation technology, integrating both conventional and electric propulsion systems to enhance efficiency and sustainability. By leveraging electric power alongside traditional duel sources, hybrid aircraft can reduce fuel consumption and emissions while maintaining operational capabilities. The focused market is witnessing rapid advancements in hybrid electric propulsion technologies, lightweight materials, and also autonomous flight systems.
Hybrid Aircraft Market Report Highlights:
By 2035, the target market is expected to increase at a rate of USD 16.1 Billion.
In 2024, the hybrid aircraft market size was estimated to be worth USD 3.2 Billion.
The market's CAGR rate is 19.4%.
North America is anticipated to lead the target market during the forecast period.
Europe is the second-leading region in the market globally.
By aircraft type, the market is dominated by the business jets segment.
Based on component, the electric motors segment is leading the market.
The fuel hybrid power source segment is expected to hold the largest market share during the forecast period.
On the basis of mode of operation, the market is led by the piloted segment.
The hybrid aircraft market is dominated by the conventional takeoff and landing (CTOL) lift technology segment.
Key Benefits of Purchasing This Report
Gain valuable insights into revenue projections for the overall market and its sub-segments, benefiting industry leaders and new entrants.
Enhance your understanding of the competitive landscape to refine business positioning and optimize go-to-market strategies.
Stay informed on the latest trends in the Hybrid Aircraft Market, including key drivers, challenges, opportunities, and barriers.
Hybrid Aircraft Market Key Highlights:
In September 2024, Heart Aerospace, a hybrid-electric aircraft manufacturer and Loganair a U.K. regional airline, have announced an exclusive partnership aimed at decarbonizing regional air travel across the U.K. Under this agreement, Loganair and Heart Aerospace will work together to explore and develop use-cases for hybrid-electric aircraft within Loganair's extensive network in Scotland and the rest of the U.K.Headquartered at Glasgow Airport, Loganair is the U.K.'s largest regional airline by passenger numbers and fleet size, primarily operating domestic flights.
In September 2024, according to AeroTime research article, within the world of aviation, the launch of commercial eVTOL (electric Vertical Take-off/Landing) flights is starting to loom large on the radar screen. As it does, one aircraft is seeking to capture a particular slice of the advanced air mobility market, one that none of its rivals can challenge – that is, and the provision of electric flights for seven people flying at up to 250 knots (450kph) and with a stage length of around 500 miles (800km). That aircraft is the Horizon Aircraft Cavorite X7.
Hybrid Aircraft Market Report Analysis:
Collaboration & Partnership Scenarios-
In January 2025, Capgemini and Ascendance, a leading manufacturer of aircraft and hybrid electric propulsion systems, are extending their strategic partnership. This collaboration marks a new phase in their journey towards revolutionising the aviation industry, driven by an ambition to develop sustainable aviation powered by hybrid electric propulsion technology. Together, with Ascendance’s hybrid modular propulsion system and Capgemini’s end-to-end capabilities in critical engineering disciplines, digital and business transformation, companies are ready to accelerate and soon deploy decarbonised solutions at scale for the aviation industry.
In September 2024, Swedish company Heart Aerospace and Loganair are to develop potential use cases for the use of hybrid-electric aircraft in the UK. The two companies are to collaborate on establishing the use of the hybrid-electric regional aircraft within Loganair’s network. Heart and Loganair will also engage with the Scottish and UK Governments and airports to promote and highlight the benefits of hybrid-electric aircraft as part of the partnership. Loganair will also join Heart Aerospace’s Industry Advisory Board, which consists of airlines, governments, leasing companies, and airports from all over the world, committed to support the electrification of air travel.
Segmentation:
By Aircraft Type:
Airbus SE
Boeing
Embraer S.A.
General Electric (GE) Aviation
Rolls-Royce Holdings
Textron Inc.
ZeroAvia
Ampaire Inc.
Karem Aircraft
Safran S.A.
Wisk Aero
Pipistrel Aircraft
VoltAero
BAE Systems
Skyplan Logistics Limited
Key Questions Answered in This Report
1. What was the size of the Hybrid Aircraft Market in 2024?
2. What is the expected growth rate of the Hybrid Aircraft Market during 2025-2035?
3. What are the key factors driving the Hybrid Aircraft Market?
4. What is the breakup of the Hybrid Aircraft Market based on the distribution channel?
5. What are the key regions in the Hybrid Aircraft Market?
6. Who are the key players/companies in the Hybrid Aircraft Market?
7. What are the drivers, restraints, and opportunities in the Hybrid Aircraft Market?
Hybrid aircraft represents a significant innovation in aviation technology, integrating both conventional and electric propulsion systems to enhance efficiency and sustainability. By leveraging electric power alongside traditional duel sources, hybrid aircraft can reduce fuel consumption and emissions while maintaining operational capabilities. The focused market is witnessing rapid advancements in hybrid electric propulsion technologies, lightweight materials, and also autonomous flight systems.
Hybrid Aircraft Market Report Highlights:
By 2035, the target market is expected to increase at a rate of USD 16.1 Billion.
In 2024, the hybrid aircraft market size was estimated to be worth USD 3.2 Billion.
The market's CAGR rate is 19.4%.
North America is anticipated to lead the target market during the forecast period.
Europe is the second-leading region in the market globally.
By aircraft type, the market is dominated by the business jets segment.
Based on component, the electric motors segment is leading the market.
The fuel hybrid power source segment is expected to hold the largest market share during the forecast period.
On the basis of mode of operation, the market is led by the piloted segment.
The hybrid aircraft market is dominated by the conventional takeoff and landing (CTOL) lift technology segment.
Key Benefits of Purchasing This Report
Gain valuable insights into revenue projections for the overall market and its sub-segments, benefiting industry leaders and new entrants.
Enhance your understanding of the competitive landscape to refine business positioning and optimize go-to-market strategies.
Stay informed on the latest trends in the Hybrid Aircraft Market, including key drivers, challenges, opportunities, and barriers.
Hybrid Aircraft Market Key Highlights:
In September 2024, Heart Aerospace, a hybrid-electric aircraft manufacturer and Loganair a U.K. regional airline, have announced an exclusive partnership aimed at decarbonizing regional air travel across the U.K. Under this agreement, Loganair and Heart Aerospace will work together to explore and develop use-cases for hybrid-electric aircraft within Loganair's extensive network in Scotland and the rest of the U.K.Headquartered at Glasgow Airport, Loganair is the U.K.'s largest regional airline by passenger numbers and fleet size, primarily operating domestic flights.
In September 2024, according to AeroTime research article, within the world of aviation, the launch of commercial eVTOL (electric Vertical Take-off/Landing) flights is starting to loom large on the radar screen. As it does, one aircraft is seeking to capture a particular slice of the advanced air mobility market, one that none of its rivals can challenge – that is, and the provision of electric flights for seven people flying at up to 250 knots (450kph) and with a stage length of around 500 miles (800km). That aircraft is the Horizon Aircraft Cavorite X7.
Hybrid Aircraft Market Report Analysis:
Collaboration & Partnership Scenarios-
In January 2025, Capgemini and Ascendance, a leading manufacturer of aircraft and hybrid electric propulsion systems, are extending their strategic partnership. This collaboration marks a new phase in their journey towards revolutionising the aviation industry, driven by an ambition to develop sustainable aviation powered by hybrid electric propulsion technology. Together, with Ascendance’s hybrid modular propulsion system and Capgemini’s end-to-end capabilities in critical engineering disciplines, digital and business transformation, companies are ready to accelerate and soon deploy decarbonised solutions at scale for the aviation industry.
In September 2024, Swedish company Heart Aerospace and Loganair are to develop potential use cases for the use of hybrid-electric aircraft in the UK. The two companies are to collaborate on establishing the use of the hybrid-electric regional aircraft within Loganair’s network. Heart and Loganair will also engage with the Scottish and UK Governments and airports to promote and highlight the benefits of hybrid-electric aircraft as part of the partnership. Loganair will also join Heart Aerospace’s Industry Advisory Board, which consists of airlines, governments, leasing companies, and airports from all over the world, committed to support the electrification of air travel.
Segmentation:
By Aircraft Type:
- Unmanned Aerial Vehicles
- Advanced Air Mobility
- Regional Transport Aircraft
- Business Jets
- Light and Ultralight Aircraft
- Others
- Batteries & Fuel Cells
- Electric Motors
- Generators/Engines
- Aerostructures
- Avionics
- Software
- Others
- Fuel Hybrid
- Hydrogen Hybrid
- Electric Hybrid
- Piloted
- Autonomous
- Conventional Takeoff and Landing (CTOL)
- Short Takeoff and Landing (STOL)
- Vertical Takeoff and Landing (VTOL)
- Others
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Airbus SE
Boeing
Embraer S.A.
General Electric (GE) Aviation
Rolls-Royce Holdings
Textron Inc.
ZeroAvia
Ampaire Inc.
Karem Aircraft
Safran S.A.
Wisk Aero
Pipistrel Aircraft
VoltAero
BAE Systems
Skyplan Logistics Limited
Key Questions Answered in This Report
1. What was the size of the Hybrid Aircraft Market in 2024?
2. What is the expected growth rate of the Hybrid Aircraft Market during 2025-2035?
3. What are the key factors driving the Hybrid Aircraft Market?
4. What is the breakup of the Hybrid Aircraft Market based on the distribution channel?
5. What are the key regions in the Hybrid Aircraft Market?
6. Who are the key players/companies in the Hybrid Aircraft Market?
7. What are the drivers, restraints, and opportunities in the Hybrid Aircraft Market?
Table of Contents
169 Pages
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Aircraft Type
- Market Snippet, By Component
- Market Snippet, By Power Source
- Market Snippet, By Mode of Operation
- Market Snippet, By Lift Technology
- Market Snippet, By Region
- Opportunity Map Analysis
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Type Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Initial Sizing For Hybrid-Electric General Aviation Aircraft
- Report Analysis On Hybrid-Electric Aircraft Designs Enabled By An Enhanced SUAVE Version
- Hybrid Electric Aircraft Propulsion Case Study For Skydiving Mission
- Market Segmentation, By Aircraft Type, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Unmanned Aerial Vehicles
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Advanced Air Mobility
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Regional Transport Aircraft
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Business Jets
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Light and Ultralight Aircraft
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Component, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Batteries & Fuel Cells
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Electric Motors
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Generators/Engines
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Aerostructures
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Avionics
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Software
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Power source, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Fuel Hybrid
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Hydrogen Hybrid
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Electric Hybrid
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Mode of Operation, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Piloted
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Autonomous
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Lift Technology, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Conventional Takeoff and Landing (CTOL)
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Short Takeoff and Landing (STOL)
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Vertical Takeoff and Landing (VTOL)
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (USD Bn), By Aircraft Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Power Source, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Mode of Operation, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Lift Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Asia Pacific
- Market Size and Forecast (USD Bn), By Aircraft Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Power Source, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Mode of Operation, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Lift Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Europe
- Market Size and Forecast (USD Bn), By Aircraft Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Power Source, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Mode of Operation, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Lift Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Latin America
- Market Size and Forecast (USD Bn), By Aircraft Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Power Source, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Mode of Operation, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Lift Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Market Size and Forecast (USD Bn), By Aircraft Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Component, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Power Source, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Mode of Operation, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Lift Technology, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East and Africa
Pricing
Currency Rates
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