The global electric aircraft market size is expected to reach around US$ 39.61 billion by 2030 from US$ 10.93 billion in 2021 and is expected to grow at an impressive double-digit rate of 15.4% from 2022 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global electric aircraft market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
Report Highlights
- The business jets, regional transport aircrafts, and light and ultralight aircraft are the different types of electric aircraft. Among all these segments, the light and ultralight aircraft is the dominating segment. This is due to the growing need of ultralight and light vehicles for transport.
- On the basis of system, electric motors dominate the electric aircraft market. This is owing to the benefits provided by electric motors such as cost effectiveness and efficiency as compared to traditional motors.
- By technology, the VTOL holds the largest market share in the global electric aircraft market. The VTOL based electric aircrafts are hugely utilized for regional transport as air taxis. In addition, this aircraft helps for the passenger transportation and medical assistance.
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Recent Developments
- DHL Express bought 12 electric cargo planes from startup aviation in August 2021 for delivery by 2024, with plans to create the world’s first electric air transport network.
- CUSTOMCELLS, a German manufacturer of custom lithium-ion battery cells in July 2021 teamed with Lilium GmbH. CUSTOMCELLS, which provides major aviation, military, and automotive customers such as Porsche AG will be one of Lilium’s primary suppliers, producing lithium-ion batteries on a large scale for the all-electric Lilium Jet.
- American Airlines invested around USD 25 million in Vertical Aerospace Group in June 2021, which is developing a small and electric powered aircraft that could transport people from cities to airports by taking off and landing vertically, similar to helicopters. The corporation intends to place a $1 billion purchase for small electric aircrafts.
Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global electric aircraft market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global electric aircraft market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Why should you invest in this report?
If you are aiming to enter the global electric aircraft market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric aircraft are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global electric aircraft market include:
- Pipistrel Group
- Airbus
- Bye Aerospace
- Aerospace Limited
- Yuneec Holding Limited
- Leonardo S.p.A.
- Faradair Aerospace Limited
- Boeing
- Digisky S.R.L.
- Groupe Gorge
Market Segmentation:
By Platform
- Regional Transport Aircraft
- Business Jets
- Light and Ultralight Aircraft
By System
- Batteries
- Electric Motors
- Aerostructures
- Avionics
- Software
- Others
By Type
- Fixed Wing
- Rotary Wing
- Hybrid Wing
By Technology
- CTOL
- STOL
- VTOL
By Application
- Civil
- Military
- Others
By Range
- Less than 500 KM
- More than 500 KM
Regional Analysis:
The geographical analysis of the global electric aircraft market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global electric aircraft Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global electric aircraft market in 2030?
- What is the expected CAGR for the electric aircraft market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global electric aircraft market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Range Procurement Analysis
4.3.2. Sales and Application Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Electric Aircraft Market
5.1. COVID-19 Landscape: Electric Aircraft Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Electric Aircraft Market, By Platform Type
8.1. Electric Aircraft Market, by Platform Type, 2022-2030
8.1.1. Regional Transport Aircraft
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Business Jets
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Light and Ultralight Aircraft
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Electric Aircraft Market, By System Type
9.1. Electric Aircraft Market, by System Type, 2022-2030
9.1.1. Batteries
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Electric Motors
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Aerostructures
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Avionics
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Software
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Others
9.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Electric Aircraft Market, By Technology Type
10.1. Electric Aircraft Market, by Technology Type, 2022-2030
10.1.1. CTOL
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. STOL
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. VTOL
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Electric Aircraft Market, By Type
11.1. Electric Aircraft Market, by Type, 2022-2030
11.1.1. Fixed Wing
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Rotary Wing
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Hybrid Wing
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Electric Aircraft Market, By Application
12.1. Electric Aircraft Market, by Application, 2022-2030
12.1.1. Civil
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Military
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Others
12.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Electric Aircraft Market, By Range
13.1. Electric Aircraft Market, by System Type, 2022-2030
13.1.1. Less than 500 KM
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. More than 500 KM
13.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global Electric Aircraft Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Platform (2017-2030)
14.1.2. Market Revenue and Forecast, by System (2017-2030)
14.1.3. Market Revenue and Forecast, by Technology (2017-2030)
14.1.4. Market Revenue and Forecast, by Type (2017-2030)
14.1.5. Market Revenue and Forecast, by Application (2017-2030)
14.1.6. Market Revenue and Forecast, by Range (2017-2030)
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Platform (2017-2030)
14.1.7.2. Market Revenue and Forecast, by System (2017-2030)
14.1.7.3. Market Revenue and Forecast, by Technology (2017-2030)
14.1.7.4. Market Revenue and Forecast, by Type (2017-2030)
14.1.8. Market Revenue and Forecast, by Application (2017-2030)
14.1.8.1. Market Revenue and Forecast, by Range (2017-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Platform (2017-2030)
14.1.9.2. Market Revenue and Forecast, by System (2017-2030)
14.1.9.3. Market Revenue and Forecast, by Technology (2017-2030)
14.1.9.4. Market Revenue and Forecast, by Type (2017-2030)
14.1.10. Market Revenue and Forecast, by Application (2017-2030)
14.1.11. Market Revenue and Forecast, by Range (2017-2030)
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Platform (2017-2030)
14.2.2. Market Revenue and Forecast, by System (2017-2030)
14.2.3. Market Revenue and Forecast, by Technology (2017-2030)
14.2.4. Market Revenue and Forecast, by Type (2017-2030)
14.2.5. Market Revenue and Forecast, by Application (2017-2030)
14.2.6. Market Revenue and Forecast, by Range (2017-2030)
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Platform (2017-2030)
14.2.8.2. Market Revenue and Forecast, by System (2017-2030)
14.2.8.3. Market Revenue and Forecast, by Technology (2017-2030)
14.2.9. Market Revenue and Forecast, by Type (2017-2030)
14.2.10. Market Revenue and Forecast, by Application (2017-2030)
14.2.10.1. Market Revenue and Forecast, by Range (2017-2030)
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Platform (2017-2030)
14.2.11.2. Market Revenue and Forecast, by System (2017-2030)
14.2.11.3. Market Revenue and Forecast, by Technology (2017-2030)
14.2.12. Market Revenue and Forecast, by Type (2017-2030)
14.2.13. Market Revenue and Forecast, by Application (2017-2030)
14.2.14. Market Revenue and Forecast, by Range (2017-2030)
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Platform (2017-2030)
14.2.15.2. Market Revenue and Forecast, by System (2017-2030)
14.2.15.3. Market Revenue and Forecast, by Technology (2017-2030)
14.2.15.4. Market Revenue and Forecast, by Type (2017-2030)
14.2.16. Market Revenue and Forecast, by Application (2017-2030)
14.2.16.1. Market Revenue and Forecast, by Range (2017-2030)
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Platform (2017-2030)
14.2.17.2. Market Revenue and Forecast, by System (2017-2030)
14.2.17.3. Market Revenue and Forecast, by Technology (2017-2030)
14.2.17.4. Market Revenue and Forecast, by Type (2017-2030)
14.2.18. Market Revenue and Forecast, by Application (2017-2030)
14.2.18.1. Market Revenue and Forecast, by Range (2017-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Platform (2017-2030)
14.3.2. Market Revenue and Forecast, by System (2017-2030)
14.3.3. Market Revenue and Forecast, by Technology (2017-2030)
14.3.4. Market Revenue and Forecast, by Type (2017-2030)
14.3.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.6. Market Revenue and Forecast, by Range (2017-2030)
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Platform (2017-2030)
14.3.7.2. Market Revenue and Forecast, by System (2017-2030)
14.3.7.3. Market Revenue and Forecast, by Technology (2017-2030)
14.3.7.4. Market Revenue and Forecast, by Type (2017-2030)
14.3.8. Market Revenue and Forecast, by Application (2017-2030)
14.3.9. Market Revenue and Forecast, by Range (2017-2030)
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Platform (2017-2030)
14.3.10.2. Market Revenue and Forecast, by System (2017-2030)
14.3.10.3. Market Revenue and Forecast, by Technology (2017-2030)
14.3.10.4. Market Revenue and Forecast, by Type (2017-2030)
14.3.11. Market Revenue and Forecast, by Application (2017-2030)
14.3.11.1. Market Revenue and Forecast, by Range (2017-2030)
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Platform (2017-2030)
14.3.12.2. Market Revenue and Forecast, by System (2017-2030)
14.3.12.3. Market Revenue and Forecast, by Technology (2017-2030)
14.3.12.4. Market Revenue and Forecast, by Type (2017-2030)
14.3.12.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.12.6. Market Revenue and Forecast, by Range (2017-2030)
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Platform (2017-2030)
14.3.13.2. Market Revenue and Forecast, by System (2017-2030)
14.3.13.3. Market Revenue and Forecast, by Technology (2017-2030)
14.3.13.4. Market Revenue and Forecast, by Type (2017-2030)
14.3.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.13.6. Market Revenue and Forecast, by Range (2017-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Platform (2017-2030)
14.4.2. Market Revenue and Forecast, by System (2017-2030)
14.4.3. Market Revenue and Forecast, by Technology (2017-2030)
14.4.4. Market Revenue and Forecast, by Type (2017-2030)
14.4.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.6. Market Revenue and Forecast, by Range (2017-2030)
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Platform (2017-2030)
14.4.7.2. Market Revenue and Forecast, by System (2017-2030)
14.4.7.3. Market Revenue and Forecast, by Technology (2017-2030)
14.4.7.4. Market Revenue and Forecast, by Type (2017-2030)
14.4.8. Market Revenue and Forecast, by Application (2017-2030)
14.4.9. Market Revenue and Forecast, by Range (2017-2030)
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Platform (2017-2030)
14.4.10.2. Market Revenue and Forecast, by System (2017-2030)
14.4.10.3. Market Revenue and Forecast, by Technology (2017-2030)
14.4.10.4. Market Revenue and Forecast, by Type (2017-2030)
14.4.11. Market Revenue and Forecast, by Application (2017-2030)
14.4.12. Market Revenue and Forecast, by Range (2017-2030)
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Platform (2017-2030)
14.4.13.2. Market Revenue and Forecast, by System (2017-2030)
14.4.13.3. Market Revenue and Forecast, by Technology (2017-2030)
14.4.13.4. Market Revenue and Forecast, by Type (2017-2030)
14.4.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.13.6. Market Revenue and Forecast, by Range (2017-2030)
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Platform (2017-2030)
14.4.14.2. Market Revenue and Forecast, by System (2017-2030)
14.4.14.3. Market Revenue and Forecast, by Technology (2017-2030)
14.4.14.4. Market Revenue and Forecast, by Type (2017-2030)
14.4.14.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.14.6. Market Revenue and Forecast, by Range (2017-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Platform (2017-2030)
14.5.2. Market Revenue and Forecast, by System (2017-2030)
14.5.3. Market Revenue and Forecast, by Technology (2017-2030)
14.5.4. Market Revenue and Forecast, by Type (2017-2030)
14.5.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.6. Market Revenue and Forecast, by Range (2017-2030)
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Platform (2017-2030)
14.5.7.2. Market Revenue and Forecast, by System (2017-2030)
14.5.7.3. Market Revenue and Forecast, by Technology (2017-2030)
14.5.7.4. Market Revenue and Forecast, by Type (2017-2030)
14.5.8. Market Revenue and Forecast, by Application (2017-2030)
14.5.8.1. Market Revenue and Forecast, by Range (2017-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Platform (2017-2030)
14.5.9.2. Market Revenue and Forecast, by System (2017-2030)
14.5.9.3. Market Revenue and Forecast, by Technology (2017-2030)
14.5.9.4. Market Revenue and Forecast, by Type (2017-2030)
14.5.9.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.9.6. Market Revenue and Forecast, by Range (2017-2030)
Chapter 15. Company Profiles
15.1. Pipistrel Group
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Airbus
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Bye Aerospace
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Aerospace Limited
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Yuneec Holding Limited
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. Leonardo S.p.A.
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Faradair Aerospace Limited
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Boeing
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Digisky S.R.L.
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. Groupe Gorge
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
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