Electric Aircraft Market By Component (Electric Motor, Battery and Others), Aircraft Type (Light Jet and Ultralight Aircraft), Power Density (Less than 500 KM and More than 500 KM) and Technology (Hybrid and All Electric) - Global Industry Analysis And Forecast To 2025
The electric aircraft is the aircraft that is fueled by electric engines. The electric energy use might be provided by an assortment of techniques which include the ground control links, power beaming, batteries, ultracapacitors, energy units, and sun based cells. These aircrafts have been utilized from the 1970s, they have since been created into little battery-controlled UAV or the drones, that in the 21st century have turned out to be generally utilized for some reasons. The mechanisms includes in these aircraft are; batteries, solar cells, ultracapacitors, power cables, microwave energy and fuel cells. Therefore, the Electric Aircraft Market is anticipated to expand and has tremendous scope during the forecast period. The global Electric Aircraft Market anticipated to flourish in the future by growing at a significantly higher CAGR.
On the basis of Component the market is segmented into Electric Motor, Battery and Others. The other components section includes the power electronics & the ducted fans. The power electronics is utilized for the powering all the critical components of the aircraft.
On the basis of Aircraft Type the market is segmented into Light Jet and Ultralight Aircraft. The Ultralight Aircraft section is leading the market owing to cost-effective ownership option, simplicity in the construction & design of the aircrafts, etc.
On the basis of Power Density the market is segmented into Less than 500 KM and More than 500 KM.
On the basis of Technology the market is segmented into Hybrid and All Electric. The All Electric section is dominating the market due to factors like; the collaboration of the OEMs with the suppliers for designing new systems that advance the traditional system of propulsion, increases in architectures of all new electrical-intensive, etc.
The European region is leading the global Electric Aircraft Market owing to the new development in the materials like the single crystals and gamma-titanium aluminides, increases in the mechanical properties of the engines as the reduction of carbon emission, noise & fuel consumption, etc.
Electric Aircraft Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Electric Aircraft Corporation
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?