Based on the aircraft type, the electric aircraft market has been segmented into ultralight aircraft and light jet. The ultralight aircraft segment is expected to lead the electric aircraft market in 2018. The ownership of ultralight aircraft is cost-effective due to the simplistic design and construction of these aircraft. With the increase in fuel prices, the demand for ultralight aircraft is expected to increase for training purposes.
Low cost of ownership of electric aircraft and advantages of electric aircraft traditional aircraft are driving the electric aircraft market. The electric aircraft market has been segmented based on aircraft type, component, technology, range, and region.
Based on the component, the electric aircraft market has been segmented into battery, electric motor, and others. 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.
Global Electric Aircraft market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of 4.9% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Electric Aircraft.
This industry study presents the global Electric Aircraft market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Electric Aircraft production, revenue and market share by manufacturers, key regions and type;
The consumption of Electric Aircraft in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Zunum Aero , Yuneec International , etc.
The following manufacturers are covered in this report:
Aurora (A Boeing Company)
Electric Aircraft Breakdown Data by Type
Electric Aircraft Breakdown Data by Application
Electric Aircraft Production by Region
Electric Aircraft Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Electric Aircraft status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Electric Aircraft manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electric Aircraft :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Aircraft market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.