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New report examines the top trends in electric aircraft market to 2023

Automotive and Transportation Market Research

Key players profiled in electric aircraft market report are Zunum Aero (US), Yuneec International (China), PC Aero (Germany), Pipistrel (Italy), Eviation Aircraft (Israel) Lilium (Germany), Schempp-Hirth(Germany), Volta-Volaré (US), Bye Aerospace (US) and Electric Aircraft Corporation(US).Some of the innovators of different types of electric aircraftare DeLorean Aerospace (US), Joby Aviation(US), Siemens(Germany), and Evektor (Czech Republic).

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Sample Papers of 66 Market Data Tables and 30 Figures spread through 111 Pages and in-depth TOC on “Electric Aircraft Market - Global Forecast to 2023” at…ple?rname=1452955 .

Electric aircraft market is projected to grow from an estimated USD 99.3 million in 2018 to USD 121.8 million by 2023, at a CAGR of 4.17% from 2018 to 2023. Lower cost of ownership of electric aircraft and advantages of electric aircraft over traditional aircraft are key factors driving the growth of the electric aircraft market.

Competitive Landscape

1 Introduction

2 Market Ranking Analysis

3 Competitive Scenario

4 New Product Developments

5 Agreements & Collaborations

The electric aircraft market has been segmented into ultralight aircraft and light jet.

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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.

Inquire for “Electric Aircraft Market by Aircraft Type (Ultralight Aircraft, Light Jet), Component (Battery, Electric Motor), Technology (Hybrid and All Electric), Range (Less than 500 Km and More than 500 Km), and Region - Global Forecast to 2023” research report at…unt?rname=1452955 .

Products offered by various companies operating in the electric aircraft market are listed in the report. The recent developments section of the report provides information on the strategies adopted by various companies between November 2011 and October 2018 to strengthen their positions in the electric aircraft market.

Premium Insights

1 Attractive Opportunities in Electric Aircraft Market, 2018-2023

2 Electric Aircraft Market, By Aircraft Type

3 Electric Aircraft Market, By Range

4 Electric Aircraft Market, By Component

5 Europe Electric Aircraft Market, By Technology and By Country

Europe region is estimated to account for the largest share of the electric aircraft market in 2018.This region is highly fragmented with a large number of electric aircraft manufacturers, namely, PC Aero (Germany), Pipistrel (Italy), Lilium (Germany), Alisport SRL (Italy), and Schempp-Hirth (Germany). The aircraft and its component industry in Europe is aiming to use new advanced materials, such as gamma-titanium aluminides and single crystals, with improved mechanical properties, these advanced engines help aircraft reduce its fuel consumption, carbon emissions, and noise pollution.

Access a copy of “Electric Aircraft Market by Aircraft Type (Ultralight Aircraft, Light Jet), Component (Battery, Electric Motor), Technology (Hybrid and All Electric), Range (Less than 500 Km and More than 500 Km), and Region - Global Forecast to 2023 ” research report at…ing?rname=1452955 .

The breakup of the profiles of the primary participants in this report on the electric aircraft market has been given below:

  • By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation: C Level – 35%, Director Level – 25%, and Others – 40%
  • By Region: North America - 30%, Europe – 20%, Asia Pacific – 30%, Middle East- 10% and RoW – 10%

Significant investment incurred in development of different types of electric aircraft is a major factor restraining growth of electric aircraft market across globe. Significant investments are required at different stages of value chain of electric aircraft industry (especially in R&D, manufacturing, system integration, & assembly stages).

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