Electric Aircraft Industry Is Projected to Grow at a CAGR of 4.9% During the Forecast Period, 2018-2025

The Electric Aircraft Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.

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Los Angeles, CA -- (SBWire) -- 12/27/2018 --This study focuses on the production side and consumption side of Electric Aircraft, presents the global Electric Aircraft market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Electric Aircraft capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Electric Aircraft by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Based on the aircraft type, the electric aircraft market has been segmented into ultralight aircraft and light jet. The ultralight aircraft segment is expected to lead the electric aircraft market in 2018.

The ownership of ultralight aircraft is cost-effective due to the simplistic design and construction of these aircraft. With the increase in fuel prices, the demand for ultralight aircraft is expected to increase for training purposes. Low cost of ownership of electric aircraft and advantages of electric aircraft traditional aircraft are driving the electric aircraft market. The electric aircraft market has been segmented based on aircraft type, component, technology, range, and region.

Based on the component, the electric aircraft market has been segmented into battery, electric motor, and others. The others segment include electric ducted fans and power electronics. Power electronics are used to power all crucial aircraft components, including flight control actuation, environmental control systems, utility functions, and cabin pressurization, which were conventionally controlled by hydraulic and pneumatic means. Electric ducted fans use multiple propeller blades attached to a single electric motor in an aircraft.

The Electric Aircraft market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of 4.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Aircraft.

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This report includes the following manufacturers; we can also add the other companies as you want.

Zunum Aero

Yuneec International

PC Aero

Pipistrel

Eviation Aircraft

Lilium

Alisport SRL

Schempp-Hirth

Bye Aerospace

Digisky

Market Segment by Product Type

Hybrid

All Electric

Market Segment by Application

Ultralight Aircraft

Light Jet

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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