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The electric and hybrid aircraft propulsion system market is forecasted to grow by USD 12.31 bn during 2023-2028, accelerating at a CAGR of 4.53% during the forecast period. The report on the electric and hybrid aircraft propulsion system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for light and ultralight electric aircraft, performance benefits of electric and hybrid aircraft propulsion systems over conventional power aircraft, and use of advanced techniques for aircraft construction.
The electric and hybrid aircraft propulsion system market is segmented as below:
By Technology
- Hybrid powertrain
- All-electric powertrain
By End-user
- Military
- Commercial
- civil
By Geography
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the electric and hybrid aircraft propulsion system market covers the following areas:
- Electric and hybrid aircraft propulsion system market sizing
- Electric and hybrid aircraft propulsion system market forecast
- Electric and hybrid aircraft propulsion system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global electric and hybrid aircraft propulsion system market: Airbus SE, Bye Aerospace, Cranfield Aerospace Solutions Ltd., Elektra Solar GmbH, General Electric Co., GKN Aerospace Services Ltd., Honeywell International Inc., Israel Aerospace Industries Ltd., Lange Aviation GmbH, Leonardo Spa, Lockheed Martin Corp., magniX, MAN Energy Solutions SE, Raytheon Technologies Corp., Rolls Royce Holdings Plc, Safran SA, Siemens AG, Textron Inc., The Boeing Co., and Joby Aviation Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased use of electrical systems in modern aircraft.'
According to the report, one of the major drivers for this market is the growing demand for light and ultralight electric aircraft.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbus SE
- Bye Aerospace
- Cranfield Aerospace Solutions Ltd.
- Elektra Solar GmbH
- General Electric Co.
- GKN Aerospace Services Ltd.
- Honeywell International Inc.
- Israel Aerospace Industries Ltd.
- Lange Aviation GmbH
- Leonardo Spa
- Lockheed Martin Corp.
- magniX
- MAN Energy Solutions SE
- Raytheon Technologies Corp.
- Rolls Royce Holdings Plc
- Safran SA
- Siemens AG
- Textron Inc.
- The Boeing Co.
- Joby Aviation Inc.