Global Electric Aircrafts Market Is Expected to Reach $24.9 Billion by the Year 2022
The Global Electric Aircraft Market is accounted for $18.35 billion in 2015 and is expected to reach $24.9 billion by 2022 growing at a CAGR of 4.5% during the forecast period. Increasing number of airline passengers, raise in aircraft deliveries, printed electronics and smart skin are the key factors driving the market growth. However, regulatory issues and Macro-Economic shocks are restraining the market. Need for more electric engines is the major opportunity for vendors in electric aircraft market. Reliability of...
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