New York, NY -- (SBWIRE) -- 10/14/2020 -- The global electric aircraft market is expected to reach USD 937.01 million by 2026, according to a new report by Reports and Data. Electrical systems not only offer the capability to reduce CO2 emissions, but are also likely to unlock the potential for more energy-efficient aircraft and brand new architectures. Based on a study, if all domestic air transportation in Norway could be converted to electric power, there is a potential to reduce the emission of 1.2 million tons of CO2 equivalents. Converting to electricity is likely to eliminate emissions of greenhouse gases as well as nitrous oxides (NOx), hydrocarbons, and particulate matter.

The report is updated with the latest market and economic scenario with regard to the COVID-19 pandemic. The report is furnished with the current details and changes in the demand and trends relating to the COVID-19 crisis. Impact analysis of the pandemic on the overall growth of the industry and its future impact is covered in the report.

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The report provides a comprehensive overview of the competitive landscape and provides an analysis of the key companies operating in the industry. The top players operating in the industry are Zunum Aero, Yuneec International, Pipistrel, Bye Aerospace, Digisky, Eviation, Faradair Aerospace Limited, Airbus and XTI Aircraft Company.

The Electric Aircraft industry is segmented into:

Type Outlook (Revenue, USD Million, 2018-2026)

Ultra-light Aircraft
Light Jet

Component Outlook (Revenue, USD Million, 2018-2026)

Aircraft battery
Electric Motor
Others

Technology Outlook (Revenue, USD Million, 2018-2026)

Hybrid Aircraft
All Electric Aircraft

Range Outlook (Revenue, USD Million, 2015-2026)

Less than 500kms
500-1000kms
More than 1000kms

Regional Outlook of Electric Aircraft Market:

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Electric Aircraft market is analyzed on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

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Key considerations of the Electric Aircraft Market Report:

Strategic Developments:

The study includes an assessment of key strategic developments of the Electric Aircraft industry, including R&D advancements, product launches, brand promotions, mergers and acquisitions, joint ventures, collaborations, government deals, agreements, and partnerships. Regional growth of the leading companies is also provided on a global as well as country-wise scale.

Vital Features of the Market:

The report covers the evaluation of the key market features such as revenue, price analysis, capacity, gross margin, production and consumption ratio, import/export, and supply and demand ratio. Along with this, CAGR, gross margins, and estimated revenue generation is also covered by the report. The report further covers the market growth based on each segment and sub-segment of the industry.

Analytical Tools:

The report is furnished with accurate and assessed statistical data of the key industry players and their scope in the market. The analytical tools include SWOT analysis, Porter's Five Forces Analysis, feasibility analysis, and investment return analysis. These tools have been utilized to gain a deeper understanding of the key market players and their operations in the industry.

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