The global demand for Electric Aircraft Market is presumed to reach the market size of nearly USD 15202.55 Billion by 2032 from USD 418.97 Billion in 2023 with a CAGR of 43.21% under the study period 2024 - 2032.
Electric aircraft, also known as electric-powered aircraft or electric planes, are aircraft that utilise electric propulsion systems for generating thrust and powering their flight. It can take different forms, including electric-powered gliders, small electric general aviation aircraft, and even electric commercial passenger planes. They are designed to reduce or eliminate the use of fossil fuels, decrease emissions, and provide a sustainable and environmentally friendly mode of air transportation.
The growing environmental concerns and the need to reduce carbon emissions from the aviation sector are major drivers. Electric aircraft offer a more sustainable and eco-friendly mode of transportation, aligning with the increasing demand for greener alternatives in the aviation industry. Continuous progress in electric propulsion technologies, battery technology, and lightweight materials enables the development of more efficient and capable electric aircraft. Improvements in electric motors, energy storage systems, and power electronics enhance flight range, battery efficiency, and charging times, making them more practical and commercially viable. Supportive government policies, regulations, and financial incentives drive this market. Governments worldwide are implementing initiatives to promote the development and adoption of electric aviation, encouraging investment in technology and infrastructure. The economic viability of electric aircraft is improving, with long-term cost savings in fuel and maintenance expenses. As battery technology advances and costs decrease, these aircraft become more competitive with conventional aircraft in terms of operational costs. Growing demand for sustainable transportation solutions, increasing consumer awareness of environmental issues, and preferences for greener alternatives drive this market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric aircraft. The growth and trends of electric aircraft industry provide a holistic approach to this study.
This section of the electric aircraft market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By System
By Technology
By Platform
By Application
This section covers the regional outlook, which accentuates current and future demand for the Electric Aircraft market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electric aircraft market include Airbus SE, Eve Air Mobility, Pipistrel, Volocopter, MagniX, Wisk Aero, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ELECTRIC AIRCRAFT – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By System
3.7.3 Market Attractiveness Analysis By Technology
3.7.4 Market Attractiveness Analysis By Platform
3.7.5 Market Attractiveness Analysis By Application
3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL ELECTRIC AIRCRAFT MARKET ANALYSIS BY TYPE
5.1 Overview by Type
5.2 Historical and Forecast Data
5.3 Analysis by Type
5.4 Fixed Wing Historic and Forecast Sales by Regions
5.5 Rotary Wing Historic and Forecast Sales by Regions
5.6 Hybrid Wing Historic and Forecast Sales by Regions
6 . GLOBAL ELECTRIC AIRCRAFT MARKET ANALYSIS BY SYSTEM
6.1 Overview by System
6.2 Historical and Forecast Data
6.3 Analysis by System
6.4 Batteries Historic and Forecast Sales by Regions
6.5 Electric Motors Historic and Forecast Sale...
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