The Global Electric Aircraft Market is expected to grow from USD 8.8 billion in 2022 to USD 37.2 billion in 2030, at a CAGR of 19.8% during the forecast period. The integration of technologies such as IoT, artificial intelligence, and machine learning has helped increase the efficiency of electric aircraft.
With advancements in chemical technologies in the form of lithium/fluorinated carbon (Li/CFx) batteries, manufacturers and innovators have been successful in developing high energy-to-weight ratio aircraft batteries that increase the range of electric aircraft and allow more MTOW. Manufacturers are focusing their R&D efforts on developing electrodes and cell separators that increase the reliability and safety of battery systems for prolonged service life in rigorous environments. The development of integrated battery monitoring systems is a prime example of the advancements and measures undertaken by the aircraft battery industry to ensure the optimal performance of batteries and associated products. These technological advancements will reduce restrictions and challenges related to the adoption of electric aircraft in the future.
Light and Ultralight segment expected to have a larger market share during the forecast period
By platform, light and ultralight segment is expected to have a larger market share during the forecast period. Electric Regional transport aircraft and business jet aircraft are expected to have witness introduction into the market in late 2026 early 2027. Until this period the light and ultralight aircraft like UAVs, General Aircraft, Trainer Aircraft will contribute more to the market. Due to these factors light and ultralight segment would have larger market share during this period.
Rotary Wing segment to dominate the market during the forecast period
Based on type, rotary wing segment is witnessing largest market share across the forecast period. Major developments are being made in the Rotary wing segment mainly eVTOL aircraft. Rotary wing UAVs are majorly electric in nature and are widely used across many applications in commercial, government and military. With the advent of Urban air travel due to the ease of operation and maneuverability, eVTOLs are the choice of technology that is witnessing larger adoption.
Break-up of profiles of primary participants in the market:
- By Company Type: Tier 1 - 20%, Tier 2 - 55%, and Tier 3 - 25%
- By Designation: C Level - 50%, Director Level - 25%, and Others - 25%
- By Region: North America - 60%, Europe - 20%, Asia-Pacific - 10%, South America - 5%, and RoW - 5%
Major players operating in the electric aircraft market include Airbus SE (France), Eve Air Mobility (Brazil), Joby Aviation (US), Vertical Aerospace (UK), and Lilium N.V. (Germany) among others. These key players offer electric aircraft solutions and services to different key stakeholders.
Research Coverage
This research report categorizes the Electric Aircraft market on the basis of Electric Aircraft market by platform (Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft), Type, System (Batteries, Electric Motors, Aerostructures, Avionics, Software, and Others) Technology, Application, and Region. These segments have been mapped across major regions, namely, North America, Europe, Asia-Pacific, Middle East, Latin America, and Africa. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Electric Aircraft market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; new product launches; mergers; and partnerships, agreements, and collaborations; and recent developments associated with the Electric Aircraft market. In addition, the startups in Electric Aircraft market ecosystem are covered in this report to provide usable insights and developments happening in the emerging market of Electric Aircraft.
Reasons to Buy this Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Electric Aircraft market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on Electric Aircraft market offered by the top players in the market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches, contracts, agreements, and expansion plans in the Electric Aircraft market.
- Market Development: Comprehensive information about lucrative markets - the report analyzes the Electric Aircraft market 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 market shares, growth strategies, products, and manufacturing capabilities of leading players in the Electric Aircraft market.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
Figure 1 Electric Aircraft Market Segmentation and Regional Scope
1.3.2 Years Considered
1.4 Inclusions and Exclusions
Table 1 Inclusions and Exclusions in Electric Aircraft Market
1.5 Currency Considered
1.6 Limitations
1.7 Market Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Report Process Flow
Figure 3 Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Primary Sources
2.2 Market Size Estimation
2.2.1 Segments and Subsegments
2.3 Demand- and Supply-Side Analysis
2.3.1 Introduction
2.3.2 Demand-Side Indicators
2.3.2.1 Growing Trend of More Electric Technology
2.3.2.2 Increasing Demand for New Commercial Aircraft
2.3.3 Supply-Side Indicators
2.3.3.1 Environmental and Social Pressure from Governments to Create Disruptions in Battery Supply Chains
2.4 Recession Impact Analysis
2.4.1 Demand-Side Analysis
Figure 4 Quarterly Revenue of Major Electric Aircraft Manufacturers, 2022-2023
2.4.2 Supply-Side Analysis
2.5 Research Approach and Methodology
2.5.1 Bottom-Up Approach (Demand Side)
2.5.2 Electric Aircraft Market: Bottom-Up Approach
Figure 5 Market Size Calculation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach (Demand-Side)
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach (Supply-Side)
2.5.3 Top-Down Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
2.6 Triangulation and Validation
Figure 9 Data Triangulation
2.6.1 Triangulation Through Primary and Secondary Research
2.7 Growth Rate Factors
2.8 Assumptions
2.9 Risks
3 Executive Summary
Figure 10 Aerostructures Segment Estimated to Account for Largest Market Share in 2022
Figure 11 Rotary Wing Segment Estimated to Dominate Market in 2022
Figure 12 Military Segment Estimated to Account for Larger Market Share Than Civil Segment in 2022
Figure 13 North America Estimated to Account for Largest Market Share in 2022
4 Premium Insights
4.1 Attractive Growth Opportunities for Players in Electric Aircraft Market
Figure 14 Growing Need for Cleaner and Quieter Aircraft to Drive Market from 2022 to 2030
4.2 Electric Aircraft Market, by Platform
Figure 15 Light & Ultralight Aircraft Segment to Lead Market from 2022 to 2030
4.3 Electric Aircraft Market, by Technology
Figure 16 VTOL Segment to Lead Market from 2022 to 2030
4.4 Electric Aircraft Market, by Country
Figure 17 Electric Aircraft Market in UK to Register Highest CAGR from 2022 to 2030
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 18 Electric Aircraft Market: Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Need for Cleaner and Quieter Aircraft
5.2.1.2 Advances in Batteries, Electric Motors, and Power Electronics
5.2.1.3 Rise in Demand for Unmanned Aerial Vehicles
5.2.2 Restraints
5.2.2.1 Increased Aircraft Weight due to Heavy Batteries
5.2.2.2 High Voltage and Thermal Issues
5.2.3 Opportunities
5.2.3.1 Emergence of Advanced Air Mobility
5.2.3.2 Use of All-Electric Aircraft for Logistics
5.2.4 Challenges
5.2.4.1 Development of High Energy Density Batteries
5.2.4.2 Battery Recharging Infrastructure at Airports
5.2.4.3 Designing All-Electric Manned Aircraft
5.2.4.4 Ensuring Airworthiness of Electric Aircraft
5.3 Recession Impact Analysis
Figure 19 Recession Impact Analysis
5.4 Porter's Five Forces Analysis
Table 2 Porter's Five Forces Analysis
Figure 20 Porter's Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Threat of Substitutes
5.4.3 Bargaining Power of Suppliers
5.4.4 Bargaining Power of Buyers
5.4.5 Intensity of Competitive Rivalry
5.5 Value Chain Analysis
Figure 21 Value Chain Analysis: Electric Aircraft Market
5.5.1 Raw Materials
5.5.2 R&D
5.5.3 Component Manufacturing
5.5.4 OEMs
5.5.5 End-users
5.5.6 After-Sales Services
5.6 Market Ecosystem Map
Figure 22 Electric Aircraft Market: Market Ecosystem
5.6.1 Prominent Companies
5.6.2 Private and Small Enterprises
5.6.3 End-users
Table 3 Electric Aircraft Market Ecosystem
5.7 Trends and Disruptions Impacting Customer Business
Figure 23 Trends and Disruptions Impacting Electric Aircraft Market
5.8 Trade Data Analysis
Table 4 Trade Data Table for Electric Aircraft Market
5.9 Technology Analysis
5.9.1 Lithium-Sulfur Batteries
5.9.2 Hydrogen Fuel Cells
5.9.3 High Energy Density Electrochemical Storage for Large Aircraft
5.9.4 Reduced Charging Time of Aircraft Batteries
5.10 Tariff and Regulatory Landscape for Aerospace Industry
Table 5 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 6 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
5.11 Average Selling Price Analysis
Figure 24 Average Selling Price of Electric Aircraft Across Different Platforms
Table 9 Average Selling Price: Electric Aircraft Market, by Type (USD Million)
5.12 Volume Data
Table 10 Electric Aircraft Deliveries, by Type, 2018-2021 (Units)
Table 11 Electric Aircraft Deliveries, by Type, 2022-2030 (Units)
5.13 Key Stakeholders and Buying Criteria
5.13.1 Key Stakeholders in Buying Process
Figure 25 Influence of Stakeholders on Buying Process of Electric Aircraft
Table 12 Influence of Stakeholders on Buying Process of Electric Aircraft Products and Systems (%)
5.13.2 Buying Criteria
Figure 26 Key Buying Criteria for Electric Aircraft Products and Systems
Table 13 Key Buying Criteria for Electric Aircraft
5.14 Key Conferences and Events in 2022-2023
Table 14 Electric Aircraft Market: Conferences and Events, 2022-2023
6 Industry Trends
6.1 Introduction
6.2 Technology Advancements in Electric Aircraft Market
Figure 27 Technology Advancements Impacting Electric Aircraft Market
6.2.1 Urban Air Mobility
6.2.2 Energy Harvesting
6.2.3 High-Power Batteries and Motors
6.3 Emerging Trends in Electric Aircraft Manufacturing
6.3.1 3D Printing
6.3.2 Artificial Intelligence
6.3.3 Predictive Maintenance
6.4 Supply Chain Analysis
Figure 28 Supply Chain Analysis
6.5 Use Cases
6.5.1 Joby Aerospace Completes All-Electric Flight with Electric Vertical Take-Off Air Taxi
6.5.2 Eviation Offers Alice, a 9-Passenger Electric Propeller-Powered Airplane
6.5.3 Extra Aircraft's Extra 330LE Electric Plane Powered by Siemens Electric Drive System
6.5.4 Rolls Royce's First All-Electric Aircraft Completes Maiden Flight
6.6 Patent Analysis
Table 15 Electric Aircraft Market: Key Patents
7 Electric Aircraft Market, by Platform
7.1 Introduction
Figure 29 Light & Ultralight Segment to Lead Market During Forecast Period
Table 16 Electric Aircraft Market, by Platform, 2018-2021 (USD Million)
Table 17 Electric Aircraft Market, by Platform, 2022-2030 (USD Million)
7.2 Regional Transport Aircraft
7.2.1 Increasing Need for Cost-Effective Short-Haul Airliners Expected to Drive Segment
7.3 Business Jets
7.3.1 Increased Corporate Activities and Need for Aircraft with Low Carbon Footprint to Drive Demand
7.4 Light & Ultralight Aircraft
Table 18 Light & Ultralight Aircraft Market, by Type, 2018-2021 (USD Million)
Table 19 Light & Ultralight Electric Aircraft Market, by Type, 2022-2030 (USD Million)
7.4.1 General Aircraft
7.4.1.1 Developments in Electric Propulsion of General Aircraft Expected to Drive Segment
7.4.2 Trainer Aircraft
7.4.2.1 Short Take-Off and Landing Capability to Drive Segment
7.4.3 UAVs
7.4.3.1 Low Noise Footprint of Electric UAVs to Fuel Their Adoption in Civil and Military Applications
7.4.4 Advanced Air Mobility
7.4.4.1 Most EVTOL Aircraft Used in AAM Applications
8 Electric Aircraft Market, by Type
8.1 Introduction
Figure 30 Hybrid Wing Segment to Lead Market During Forecast Period
Table 20 Electric Aircraft Market, by Type, 2018-2021 (USD Million)
Table 21 Electric Aircraft Market, by Type, 2022-2030 (USD Million)
8.2 Fixed Wing
8.2.1 Fixed Wing Electric Aircraft Witnessing Adoption for Commercial Passenger Transportation
8.3 Rotary Wing
8.3.1 Rotary Wing Electric Aircraft Adopted for Urban Air Mobility
8.4 Hybrid Wing
8.4.1 Mission Complexity and Congested Air Traffic to Fuel Demand for Hybrid Wing Aircraft
9 Electric Aircraft Market, by System
9.1 Introduction
Figure 31 Batteries Segment to Lead Market During Forecast Period
Table 22 Electric Aircraft Market, by System, 2018-2021 (USD Million)
Table 23 Electric Aircraft Market, by System, 2022-2030 (USD Million)
9.2 Batteries
9.2.1 Advancements in Battery Power Density to Drive Segment
9.3 Electric Motors
9.3.1 Electric Motors Provide Better Power-To-Weight Ratio in Aircraft
9.4 Aerostructures
9.4.1 Advanced Aerostructures Help Enhance Aircraft Performance, Conserve Energy, and Lower Costs
9.5 Avionics
9.5.1 Development of Urban Air Mobility Aircraft to Encourage Advancements in Avionics Systems
9.6 Software
9.6.1 Advanced Software Systems Required to Run Complicated Systems of Urban Air Mobility Aircraft
9.7 Others
10 Electric Aircraft Market, by Technology
10.1 Introduction
Figure 32 VTOL Segment to Account for Largest Market Share During Forecast Period
Table 24 Electric Aircraft Market, by Technology, 2018-2021 (USD Million)
Table 25 Electric Aircraft Market, by Technology, 2022-2030 (USD Million)
10.2 CTOL
10.2.1 Increasing Need for Long-Range Aircraft to Drive Demand for Business Jets and Regional Transport Aircraft
10.3 STOL
10.3.1 Increasing Developments in Hybrid Wing Aircraft to Drive Segment
10.4 VTOL
10.4.1 Large Deployment of VTOL Aircraft for Air Taxi and EMS Services to Drive Segment
11 Electric Aircraft Market, by Application
11.1 Introduction
Figure 33 Civil Segment to Lead Market During Forecast Period
Table 26 Electric Aircraft Market, by Application, 2018-2021 (USD Million)
Table 27 Electric Aircraft Market, by Application, 2022-2030 (USD Million)
11.2 Civil
11.2.1 Increasing Developments in Urban Mobility Applications to Drive Segment
11.3 Military
11.3.1 Need for Low-Noise Aircraft in ISR Missions to Boost Segment
12 Electric Aircraft Market, by Region
12.1 Introduction
Figure 34 Electric Aircraft Market: Regional Snapshot
12.2 Regional Recession Impact Analysis
Table 28 Regional Recession Impact Analysis
Table 29 Electric Aircraft Market, by Region, 2018-2021 (USD Million)
Table 30 Electric Aircraft Market, by Region, 2022-2030 (USD Million)
12.3 North America
Figure 35 North America Electric Aircraft Market Snapshot
12.3.1 PESTLE Analysis: North America
Table 31 North America: Electric UAV Market, by Country, 2018-2021 (USD Million)
Table 32 North America: Electric UAV Market, by Country, 2022-2030 (USD Million)
Table 33 North America: Electric Aircraft Market, by Platform, 2018-2021 (USD Million)
Table 34 North America: Electric Aircraft Market, by Platform, 2022-2030 (USD Million)
Table 35 North America: Light & Ultralight Aircraft Market, by Type, 2018-2021 (USD Million)
Table 36 North America: Light & Ultralight Aircraft Market, by Type, 2022-2030 (USD Million)
12.3.2 US
12.3.2.1 Presence of Leading OEMs to Drive Market
Table 37 US: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 38 US: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.3.3 Canada
12.3.3.1 Aircraft Modernization Programs to Drive Market
Table 39 Canada: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 40 Canada: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.4 Asia-Pacific
Figure 36 Asia-Pacific Electric Aircraft Market Snapshot
12.4.1 PESTLE Analysis: Asia-Pacific
Table 41 Asia-Pacific: Electric UAV Market, by Country, 2018-2021 (USD Million)
Table 42 Asia-Pacific: Electric UAV Market, by Country, 2021-2030 (USD Million)
Table 43 Asia-Pacific: Electric Aircraft Market, by Platform, 2018-2021 (USD Million)
Table 44 Asia-Pacific: Electric Aircraft Market, by Platform, 2021-2030 (USD Million)
Table 45 Asia-Pacific: Light & Ultralight Aircraft Market, by Type, 2018-2021 (USD Million)
Table 46 Asia-Pacific: Light & Ultralight Aircraft Market, by Type, 2022-2030 (USD Million)
12.4.2 China
12.4.2.1 Increasing Demand for Eco-Friendly Commercial Aircraft to Drive Market
Table 47 China: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 48 China: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.4.3 India
12.4.3.1 Increased Spending on Armed Forces Modernization to Drive Market
Table 49 India: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 50 India: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.4.4 Japan
12.4.4.1 Increasing In-House Development of Aircraft to Drive Market
Table 51 Japan: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 52 Japan: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.4.5 Australia
12.4.5.1 Increase in Usage of Military and Commercial Drones to Drive Market
Table 53 Australia: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 54 Australia: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.4.6 South Korea
12.4.6.1 Modernization Programs in Aviation Industry to Drive Market
Table 55 South Korea: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 56 South Korea: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.4.7 Rest of Asia-Pacific
Table 57 Rest of APAC: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 58 Rest of APAC: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.5 Europe
Figure 37 Europe Electric Aircraft Market Snapshot
12.5.1 PESTLE Analysis: Europe
Table 59 Europe: Electric UAV Market, by Country, 2018-2021 (USD Million)
Table 60 Europe: Electric UAV Market, by Country, 2022-2030 (USD Million)
Table 61 Europe: Electric Aircraft Market, by Platform, 2018-2021 (USD Million)
Table 62 Europe: Electric Aircraft Market, by Platform, 2022-2030 (USD Million)
Table 63 Europe: Electric Aircraft Market, by Type, 2018-2021 (USD Million)
Table 64 Europe: Light & Ultralight Aircraft Market, by Type, 2022-2030 (USD Million)
12.5.2 UK
12.5.2.1 Technological Advancements in Air Travel to Drive Market
Table 65 UK: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 66 UK: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.5.3 France
12.5.3.1 Significant Investments in Aerospace to Drive Market
Table 67 France: Electric UAVs Market, by Type, 2018-2021 (USD Million)
Table 68 France: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.5.4 Germany
12.5.4.1 Rising Investments in Air Travel and Connectivity to Drive Market
Table 69 Germany: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 70 Germany: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.5.5 Italy
12.5.5.1 Projects Related to Energy-Efficient Air Freight and Passenger Transportation to Boost Market
Table 71 Italy: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 72 Italy: Electric UAVs Market, Subtype, 2022-2030 (USD Million)
12.5.6 Rest of Europe
Table 73 Rest of Europe: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 74 Rest of Europe: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.6 Middle East
Figure 38 Middle East Electric Aircraft Market Snapshot
12.6.1 PESTLE Analysis: Middle East
Table 75 Middle East: Electric UAV Market, by Country, 2018-2021 (USD Million)
Table 76 Middle East: Electric UAV Market, by Country, 2022-2030 (USD Million)
Table 77 Middle East: Electric Aircraft Market, by Platform, 2018-2021 (USD Million)
Table 78 Middle East: Electric Aircraft Market, by Platform, 2022-2030 (USD Million)
Table 79 Middle East: Electric Aircraft Market, by Type, 2018-2021 (USD Million)
Table 80 Middle East: Light & Ultralight Aircraft Market, Type, 2022-2030 (USD Million)
12.6.2 Israel
12.6.2.1 Increased R&D Spending on UAVs for Military and Commercial Applications to Drive Market
Table 81 Israel: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 82 Israel: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.6.3 UAE
12.6.3.1 Increasing Commercial Electric Air Taxi Initiatives to Drive Market
Table 83 UAE: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 84 UAE: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.6.4 Saudi Arabia
12.6.4.1 High Military Expenditure to Drive Market
Table 85 Saudi Arabia: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 86 Saudi Arabia: Electric Aircraft Market, Light & Ultralight Aircraft, by UAVs, 2022-2030 (USD Million)
12.6.5 Turkey
12.6.5.1 Increasing Investments in UAM Ecosystem to Drive Market
Table 87 Turkey: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 88 Turkey: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.6.6 Rest of Middle East
Table 89 Rest of Middle East: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 90 Rest of Middle East: Electric UAVs Market, Subtype, 2022-2030 (USD Million)
12.7 Latin America
Figure 39 Latin America Electric Aircraft Market Snapshot
12.7.1 PESTLE Analysis: Latin America
Table 91 Latin America: Electric UAVs Market, by Country, 2018-2021 (USD Million)
Table 92 Latin America: Electric UAVs Market, by Country, 2022-2030 (USD Million)
Table 93 Latin America: Electric Aircraft Market, by Platform, 2018-2021 (USD Million)
Table 94 Latin America: Electric Aircraft Market, by Platform, 2022-2030 (USD Million)
Table 95 Latin America: Electric Aircraft Market, by Type, 2018-2021 (USD Million)
Table 96 Latin America: Light & Ultralight Aircraft Market, by Type, 2022-2030 (USD Million)
12.7.2 Brazil
12.7.2.1 Introduction of Air Taxi Services by Airbus for Intercity and Intracity Travel to Drive Market
Table 97 Brazil: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 98 Brazil: Electric UAVs Market, by Subtype, 2022-2030 (USD Million)
12.7.3 Mexico
12.7.3.1 Presence of Renowned OEMs to Result in More Efficient and Sustainable City Travel
Table 99 Mexico: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 100 Mexico: Electric UAVs Market, Subtype, 2022-2030 (USD Million)
12.7.4 Rest of Latin America
Table 101 Rest of Latin America: Electric UAVs Market, by Subtype, 2018-2021 (USD Million)
Table 102 Rest of Latin America: Electric UAVs Market, 2022-2030 (USD Million)
12.8 Africa
Figure 40 Africa Electric Aircraft Market Snapshot
Table 103 Africa: Electric Aircraft Market, by Platform, 2018-2021 (USD Million)
Table 104 Africa: Electric Aircraft Market, by Platform, 2022-2030 (USD Million)
Table 105 Africa: Light & Ultralight Aircraft Market, by Type, 2018-2021 (USD Million)
Table 106 Africa: Light & Ultralight Aircraft Market, by Type, 2022-2030 (USD Million)
13 Competitive Landscape
13.1 Introduction
13.2 Competitive Overview
Table 107 Key Developments by Leading Market Players Between 2018 and 2023
13.3 Market Share Analysis, 2021
Figure 41 Market Share of Top Players in Electric Aircraft Market, 2021 (%)
13.4 Revenue Analysis
Figure 42 Revenue Analysis of Top 5 Market Players
13.5 Company Evaluation Quadrant
13.5.1 Stars
13.5.2 Emerging Leaders
13.5.3 Pervasive Players
13.5.4 Participants
Figure 43 Electric Aircraft Market Competitive Leadership Mapping, 2021
Table 108 Company Product Footprint
Table 109 Company Application Footprint
Table 110 Company Range Footprint
Table 111 Company System Footprint
Table 112 Company Region Footprint
13.6 Start-Ups/SME Evaluation Quadrant
13.6.1 Progressive Companies
13.6.2 Responsive Companies
13.6.3 Dynamic Companies
13.6.4 Starting Blocks
Figure 44 Aircraft Electric Market Start-Ups/SMEs Competitive Leadership Mapping, 2021
Table 113 Electric Aircraft Market: Detailed List of Key Start-Ups/SMEs
13.7 Competitive Scenario
13.7.1 Deals
Table 114 Deals, 2019-2023
14 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats)*
14.1 Key Players
14.1.1 Airbus SE
Table 115 Airbus SE: Business Overview
Figure 45 Airbus SE.: Company Snapshot
Table 116 Airbus SE: Products/Solutions/Services Offered
Table 117 Airbus SE.: Deals
14.1.2 Elbit Systems Ltd.
Table 118 Elbit Systems Ltd.: Business Overview
Figure 46 Elbit Systems Ltd.: Company Snapshot
Table 119 Elbit Systems Ltd.: Products/Solutions/Services Offered
Table 120 Elbit Systems Ltd.: Deals
14.1.3 AeroVironment, Inc.
Table 121 AeroVironment, Inc.: Business Overview
Figure 47 AeroVironment, Inc.: Company Snapshot
Table 122 AeroVironment, Inc.: Products/Solutions/Services Offered
Table 123 AeroVironment, Inc.: Deals
14.1.4 Eve Air Mobility
Table 124 Eve Air Mobility: Business Overview
Figure 48 Eve Air Mobility: Company Snapshot
Table 125 Eve Air Mobility: Products/Solutions/Services Offered
Table 126 Eve Air Mobility: Deals
14.1.5 EHang Holdings Ltd.
Table 127 EHang Holdings Ltd.: Business Overview
Figure 49 EHang Holdings Ltd.: Company Snapshot
Table 128 EHang Holdings Ltd. Products/Solutions/Services Offered
Table 129 EHang Holdings Ltd.: Deals
14.1.6 Israel Aerospace Industries
Table 130 Israel Aerospace Industries: Business Overview
Figure 50 Israel Aerospace Industries: Company Snapshot
Table 131 Israel Aerospace Industries: Products/Solutions/Services Offered
14.1.7 Pipistrel
Table 132 Pipistrel: Business Overview
Table 133 Pipistrel: Products/Solutions/Services Offered
Table 134 Pipistrel: Deals
14.1.8 Eviation Aircraft Inc.
Table 135 Eviation Aircraft Inc.: Business Overview
Table 136 Eviation Aircraft Inc.: Products/Solutions/Services Offered
Table 137 Eviation Aircraft Inc.: Deals
14.1.9 Lilium N.V.
Table 138 Lilium N.V.: Business Overview
Table 139 Lilium N.V.: Products/Solutions/Services Offered
Table 140 Lilium N.V.: Deals
14.1.10 Joby Aviation, Inc.
Table 141 Joby Aviation, Inc.: Business Overview
Table 142 Joby Aviation, Inc.: Products/Solutions/Services Offered
Table 143 Joby Aviation, Inc.: Deals
14.1.11 Archer Aviation Inc.
Table 144 Archer Aviation Inc.: Business Overview
Table 145 Archer Aviation Inc.: Products/Solutions/Services Offered
Table 146 Archer Aviation Inc.: Deals
14.1.12 Volocopter GmbH
Table 147 Volocopter GmbH: Business Overview
Table 148 Volocopter GmbH: Products/Solutions/Services Offered
Table 149 Volocopter GmbH.: Deals
14.1.13 SZ DJI Technology Co. Ltd.
Table 150 SZ DJI Technology Co. Ltd.: Business Overview
Table 151 SZ DJI Technology Co. Ltd.: Products/Solutions/Services Offered
14.1.14 Yuneec International
Table 152 Yuneec International: Business Overview
Table 153 Yuneec International: Products/Solutions/Services Offered
Table 154 Yuneec International: Deals
14.1.15 Aurora Flight Sciences
Table 155 Aurora Flight Sciences: Business Overview
Table 156 Aurora Flight Sciences: Products/Solutions/Services Offered
Table 157 Aurora Flight Sciences: Deals
14.1.16 Vertical Aerospace Group Ltd.
Table 158 Vertical Aerospace Group Ltd.: Business Overview
Table 159 Vertical Aerospace Group Ltd.: Products/Solutions/Services Offered
Table 160 Vertical Aerospace Group Ltd.: Deals
14.1.17 Heart Aerospace
Table 161 Heart Aerospace: Business Overview
Table 162 Heart Aerospace: Products/Solutions/Services Offered
Table 163 Heart Aerospace: Deals
14.2 Other Players
14.2.1 Wright Electric, Inc.
14.2.2 Bye Aerospace
14.2.3 Beta Technologies
14.2.4 Delorean Aerospace
14.2.5 Electric Aircraft Corporation
14.2.6 Extra Aircraft
14.2.7 Wisk Aero LLC
14.2.8 Jaunt Air Mobility
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies
15 Appendix
15.1 Discussion Guide
15.2 Knowledgestore: The Subscription Portal
15.3 Customization Options
Companies Mentioned
- AeroVironment, Inc.
- Airbus SE
- Archer Aviation Inc.
- Aurora Flight Sciences
- Beta Technologies
- Bye Aerospace
- Delorean Aerospace
- EHang Holdings Ltd.
- Elbit Systems Ltd.
- Electric Aircraft Corporation
- Eve Air Mobility
- Eviation Aircraft Inc.
- Extra Aircraft
- Heart Aerospace
- Israel Aerospace Industries
- Jaunt Air Mobility
- Joby Aviation, Inc.
- Lilium N.V.
- Pipistrel
- Rolls Royce
- Siemens
- SZ DJI Technology Co. Ltd.
- Vertical Aerospace Group Ltd.
- Volocopter GmbH
- Wisk Aero LLC
- Wright Electric, Inc.
- Yuneec International
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 265 |
| Published | March 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 8.8 Billion |
| Forecasted Market Value ( USD | $ 37.2 Billion |
| Compound Annual Growth Rate | 19.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
