Product Code: AVI0223
The global Electric Aircraft market is projected to grow at a CAGR of 19.2% by 2033.
“The Electric Aircraft Market Report 2023-2033”: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Green Aviation: Reducing Emissions for a Greener Future
Environmental sustainability is a significant driving factor for the adoption of electric aircraft. Electric propulsion systems offer the potential to significantly reduce greenhouse gas emissions compared to traditional combustion engines. By utilizing electric motors powered by batteries or fuel cells, electric aircraft produce zero direct emissions during flight. This shift towards cleaner aviation aligns with global efforts to mitigate climate change and promote sustainable transportation. The tagline "Green Aviation: Reducing Emissions for a Greener Future" captures the essence of this driving factor, highlighting the positive environmental impact of electric aircraft.
Driving Synergies between Aviation and Electric Vehicle Technologies
The electric aircraft industry benefits from the technological synergies between aviation and electric vehicle technologies. The advancements made in electric vehicle battery technologies, charging infrastructure, and power management systems can be leveraged and adapted for electric aircraft. Similarly, innovations in aviation propulsion systems can contribute to advancements in electric vehicle technologies. This cross-pollination of ideas and technologies fosters rapid progress in both industries. The tagline "Electric Integration: Driving Synergies between Aviation and Electric Vehicle Technologies" reflects the collaborative nature of these technological advancements.
What Questions Should You Ask before Buying a Market Research Report?
- How is the electric aircraft market evolving?
- What is driving and restraining the electric aircraft market?
- How will each electric aircraft submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
- How will the market shares for each electric aircraft submarket develop from 2023 to 2033?
- What will be the main driver for the overall market from 2023 to 2033?
- Will leading electric aircraft markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
- Who are the leading players and what are their prospects over the forecast period?
- What are the electric aircraft projects for these leading companies?
- How will the industry evolve during the period between 2023 and 2033? What are the implications of electric aircraft projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the electric aircraft market?
- Where is the electric aircraft market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the electric aircraft market today, and over the next 10 years:
- Our 383-page report provides 131 tables and 169 charts/graphs exclusively to you
- The report highlights key lucrative areas in the industry so you can target them - NOW
- It contains in-depth analysis of global, regional and national sales and growth
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the electric aircraft market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2033 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares
- You will find original analyses, with business outlooks and developments
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising electric aircraft prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, ""V" ", "L", "W" and "U".
Segments Covered in the Report:
Market Segment by Range
- Short/Medium-Range Electric Aircraft
- Long-Range Electric Aircraft
Market Segment by Electric Propulsion
- Turbo-Electric Propulsion
- Hybrid Electric Propulsion
- All Electric Propulsion
Market Segment by Aircraft Type
- Fixed-Wing Electric Aircraft
- Rotary-Wing Electric Aircraft
- Hybrid Electric Aircraft
- Other Aircraft Type
Market Segment by Battery Technology
- Lithium-Ion Batteries
- Lithium-Sulfur Batteries
- Solid-State Batteries
- Lithium-Air Batteries
- Other Battery Technology
Market Segment by Application
- Commercial Electric Aircraft
- Cargo/Transportation Electric Aircraft
- Urban Air Mobility (UAM) Electric Aircraft
- Military Electric Aircraft
- Personal/Private Electric Aircraft
- Other Applications
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
Europe
- Germany
- Russia
- United Kingdom
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Electric Aircraft Market, 2023 to 2033, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth:
- Aeromobil
- Airbus SE
- Ampaire
- Bye Aerospace
- Electroflight
- Eviation Aircraft
- Harbour Air Seaplanes
- Joby Aviation
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- Lilium N.V
- MagniX
- Pipistrel
- The Boeing Company
- Voltaero
- Wright Electric, Inc
- Zunum Aero
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Overall world revenue for electric aircraft market, 2023 to 2033 in terms of value the market will surpass US$9.5 billion in 2023, our work calculates. We predict strong revenue growth through to 2033. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Electric Aircraft Market, 2023 to 2033 report help you?
In summary, our 380+ page report provides you with the following knowledge:
- Revenue forecasts to 2033 for Electric Aircraft Market, 2023 to 2033 Market, with forecasts for range, electric propulsion, aircraft type, battery technology, and application, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2033 for four regional and 20 key national markets - See forecasts for the Electric Aircraft Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Electric Aircraft Market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Our study is for everybody needing commercial analyses for the Electric Aircraft Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Electric Aircraft Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who Is This Report for?
- 1.7 Research Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Reports
- 1.10 About
2 Executive Summary
3 Market Overview
- 3.1 Key Findings
- 3.2 Market Dynamics
- 3.2.1 Market Driving Factors
- 3.2.1.1 The Increasing Global Focus on Environmental Sustainability and the Need to Reduce Greenhouse Gas Emissions are Driving the Demand for Electric Aircraft
- 3.2.1.2 Rapid Advancements in Electric Propulsion Systems and Battery Technology Are Playing a Pivotal Role in the Development and Growth of Electric Aircraft Market
- 3.2.1.3 Governments Worldwide are Introducing Policies, Regulations, and Incentives to Support the Adoption of Electric Aircraft
- 3.2.1.4 Electric Aircraft Offer Potential Cost Savings and Operational Benefits Compared to Traditional Aircraft
- 3.2.2 Market Restraining Factors
- 3.2.2.1 Battery Technology Has Made Significant Progress in Recent Years, Further Advancements are Required to Overcome Current Limitations
- 3.2.2.2 The Successful Operation of Electric Aircraft Requires a Robust Infrastructure, However, the Establishment of a Comprehensive Charging Network for Electric Aircraft Is Still in Its Early Stages
- 3.2.2.3 The Existing Regulatory Frameworks May not Fully Address the Unique Characteristics and Technological Aspects of Electric Aircraft
- 3.2.2.4 Electric Aircraft Currently have Limited Range and Endurance Compared to their Fossil-Fuel Counterparts
- 3.2.3 Market Opportunities
- 3.2.3.1 Environmental Regulations and Sustainability Initiatives
- 3.2.3.2 Technological Advancements and Innovation
- 3.2.3.3 Urban Air Mobility (UAM) Applications
- 3.2.3.4 The Defence and Military Sectors Present a Promising Market Opportunity for Electric Aircraft
- 3.3 COVID-19 Impact Analysis
- 3.3.1 V-Shaped Recovery Scenario
- 3.3.2 W-Shaped Recovery Scenario
- 3.3.3 U-Shaped Recovery Scenario
- 3.3.4 L-Shaped Recovery Scenario
- 3.4 Porter's Five Forces Analysis
- 3.4.1 Threat of New Entrants (Low)
- 3.4.2 Bargaining Power of Suppliers (Moderate)
- 3.4.3 Bargaining Power of Buyers (High)
- 3.4.4 Threat of Substitutes (Low)
- 3.4.5 Intensity of Competitive Rivalry (High)
- 3.5 PESTLE Analysis
- 3.5.1 Political Factors
- 3.5.2 Economic Factors
- 3.5.3 Sociocultural Factors
- 3.5.4 Technological Factors
- 3.5.5 Legal Factors
- 3.5.6 Environmental Factors
- 3.6 SWOT Analysis
- 3.6.1 Strengths
- 3.6.2 Weaknesses
- 3.6.3 Opportunities
- 3.6.4 Threats
4 Electric Aircraft Market Analysis by Range
- 4.1 Key Findings
- 4.2 Range Segment: Market Attractiveness Index
- 4.2.1 Electric Aircraft Market by Range
- 4.3 Short/Medium-Range Electric Aircraft
- 4.3.1 Market by Region, 2023-2033 (US$ Bn)
- 4.3.2 Market Share by Region, 2023 & 2033 (%)
- 4.4 Long-Range Electric Aircraft
- 4.4.1 Market by Region, 2023-2033 (US$ Bn)
- 4.4.2 Market Share by Region, 2023 & 2033 (%)
5 Electric Aircraft Market Analysis by Electric Propulsion
- 5.1 Key Findings
- 5.2 Electric Propulsion Segment: Market Attractiveness Index
- 5.2.1 Electric Aircraft Market by Electric Propulsion
- 5.3 Turbo-Electric Propulsion
- 5.3.1 Market by Region, 2023-2033 (US$ Bn)
- 5.3.2 Market Share by Region, 2023 & 2033 (%)
- 5.4 Hybrid Electric Propulsion
- 5.4.1 Market by Region, 2023-2033 (US$ Bn)
- 5.4.2 Market Share by Region, 2023 & 2033 (%)
- 5.5 All-Electric Propulsion
- 5.5.1 Market by Region, 2023-2033 (US$ Bn)
- 5.5.2 Market Share by Region, 2023 & 2033 (%)
6 Electric Aircraft Market Analysis by Aircraft Type
- 6.1 Key Findings
- 6.2 Aircraft Type Segment: Market Attractiveness Index
- 6.2.1 Electric Aircraft Market by Aircraft Type
- 6.3 Fixed-Wing Electric Aircraft
- 6.3.1 Market by Region, 2023-2033 (US$ Bn)
- 6.3.2 Market Share by Region, 2023 & 2033 (%)
- 6.4 Rotary-Wing Electric Aircraft
- 6.4.1 Market by Region, 2023-2033 (US$ Bn)
- 6.4.2 Market Share by Region, 2023 & 2033 (%)
- 6.5 Hybrid Electric Aircraft
- 6.5.1 Market by Region, 2023-2033 (US$ Bn)
- 6.5.2 Market Share by Region, 2023 & 2033 (%)
- 6.6 Other Aircraft Type
- 6.6.1 Market by Region, 2023-2033 (US$ Bn)
- 6.6.2 Market Share by Region, 2023 & 2033 (%)
7 Electric Aircraft Market Analysis by Battery Technology
- 7.1 Key Findings
- 7.2 Battery Technology Segment: Market Attractiveness Index
- 7.2.1 Electric Aircraft Market by Battery Technology
- 7.3 Lithium-Ion Batteries
- 7.3.1 Market by Region, 2023-2033 (US$ Bn)
- 7.3.2 Market Share by Region, 2023 & 2033 (%)
- 7.4 Lithium-Sulphur Batteries
- 7.4.1 Market by Region, 2023-2033 (US$ Bn)
- 7.4.2 Market Share by Region, 2023 & 2033 (%)
- 7.5 Solid-State Batteries
- 7.5.1 Market by Region, 2023-2033 (US$ Bn)
- 7.5.2 Market Share by Region, 2023 & 2033 (%)
- 7.6 Lithium-Air Batteries
- 7.6.1 Market by Region, 2023-2033 (US$ Bn)
- 7.6.2 Market Share by Region, 2023 & 2033 (%)
- 7.7 Other Battery Technology
- 7.7.1 Market by Region, 2023-2033 (US$ Bn
- 7.7.2 Market Share by Region, 2023 & 2033 (%)
8 Electric Aircraft Market Analysis by Application
- 8.1 Key Findings
- 8.2 Application Segment: Market Attractiveness Index
- 8.2.1 Electric Aircraft Market by Application
- 8.3 Commercial Electric Aircraft
- 8.3.1 Market by Region, 2023-2033 (US$ Bn)
- 8.3.2 Market Share by Region, 2023 & 2033 (%)
- 8.4 Cargo/Transportation Electric Aircraft
- 8.4.1 Market by Region, 2023-2033 (US$ Bn)
- 8.4.2 Market Share by Region, 2023 & 2033 (%)
- 8.5 Urban Air Mobility (UAM) Electric Aircraft
- 8.5.1 Market by Region, 2023-2033 (US$ Bn)
- 8.5.2 Market Share by Region, 2023 & 2033 (%)
- 8.6 Military Electric Aircraft
- 8.6.1 Market by Region, 2023-2033 (US$ Bn)
- 8.6.2 Market Share by Region, 2023 & 2033 (%)
- 8.7 Personal/Private Electric Aircraft
- 8.7.1 Market by Region, 2023-2033 (US$ Bn)
- 8.7.2 Market Share by Region, 2023 & 2033 (%)
- 8.8 Other Applications
- 8.8.1 Market by Region, 2023-2033 (US$ Bn)
- 8.8.2 Market Share by Region, 2023 & 2033 (%)
9 Electric Aircraft Market Analysis by Region
- 9.1 Key Findings
- 9.1.1 Electric Aircraft Market by Region
10 North America Electric Aircraft Market Analysis
- 10.1 Key Findings
- 10.2 North America Electric Aircraft Market Attractiveness Index
- 10.3 North America Electric Aircraft Market by Country, 2023, 2028 & 2033 (US$ Billion)
- 10.4 North America Electric Aircraft Market by Value
- 10.5 North America Electric Aircraft Market by Country
- 10.6 North America Electric Aircraft Market by Range
- 10.7 North America Electric Aircraft Market by Electric Propulsion
- 10.8 North America Electric Aircraft Market by Aircraft Type
- 10.9 North America Electric Aircraft Market by Battery Technology
- 10.10 North America Electric Aircraft Market by Application
- 10.11 U.S. Electric Aircraft Market Analysis
- 10.12 Canada Electric Aircraft Market Analysis
11 Europe Electric Aircraft Market Analysis
- 11.1 Key Findings
- 11.2 Europe Electric Aircraft Market Attractiveness Index
- 11.3 Europe Electric Aircraft Market by Country, 2023, 2028 & 2033 (US$ Billion)
- 11.4 Europe Electric Aircraft Market by Value
- 11.5 Europe Electric Aircraft Market by Country
- 11.6 Europe Electric Aircraft Market by Range
- 11.7 Europe Electric Aircraft Market by Electric Propulsion
- 11.8 Europe Electric Aircraft Market by Aircraft Type
- 11.9 Europe Electric Aircraft Market by Battery Technology
- 11.10 Europe Electric Aircraft Market by Application
- 11.11 Germany Electric Aircraft Market Analysis
- 11.12 UK Electric Aircraft Market Analysis
- 11.13 France Electric Aircraft Market Analysis
- 11.14 Italy Electric Aircraft Market Analysis
- 11.15 Russia Electric Aircraft Market Analysis
- 11.16 Rest of Europe Electric Aircraft Market Analysis
12 Asia Pacific Electric Aircraft Market Analysis
- 12.1 Key Findings
- 12.2 Asia Pacific Electric Aircraft Market Attractiveness Index
- 12.3 Asia Pacific Electric Aircraft Market by Country, 2023, 2028 & 2033 (US$ Billion)
- 12.4 Asia-Pacific Electric Aircraft Market by Value
- 12.5 Asia-Pacific Electric Aircraft Market by Country
- 12.6 Asia-Pacific Electric Aircraft Market by Range
- 12.7 Asia-Pacific Electric Aircraft Market by Electric Propulsion
- 12.8 Asia-Pacific Electric Aircraft Market by Aircraft Type
- 12.9 Asia-Pacific Electric Aircraft Market by Battery Technology
- 12.10 Asia-Pacific Electric Aircraft Market by Application
- 12.11 China Electric Aircraft Market Analysis
- 12.12 India Electric Aircraft Market Analysis
- 12.13 Japan Electric Aircraft Market Analysis
- 12.14 South Korea Electric Aircraft Market Analysis
- 12.15 Australia Electric Aircraft Market Analysis
- 12.16 Rest of Asia-Pacific Electric Aircraft Market Analysis
13 Middle East & Africa Electric Aircraft Market Analysis
- 13.1 Key Findings
- 13.2 Middle East & Africa Electric Aircraft Market Attractiveness Index
- 13.3 Middle East & Africa Electric Aircraft Market by Country, 2023, 2028 & 2033 (US$ Billion)
- 13.4 Middle East & Africa Electric Aircraft Market by Value
- 13.5 Middle East & Africa Electric Aircraft Market by Country
- 13.6 Middle East & Africa Electric Aircraft Market by Range
- 13.7 Middle East & Africa Electric Aircraft Market by Electric Propulsion
- 13.8 Middle East & Africa Electric Aircraft Market by Aircraft Type
- 13.9 Middle East & Africa Electric Aircraft Market by Battery Technology
- 13.10 Middle East & Africa Electric Aircraft Market by Application
- 13.11 GCC Electric Aircraft Market Analysis
- 13.12 South Africa Electric Aircraft Market Analysis
- 13.13 Rest of Middle East & Africa Electric Aircraft Market Analysis
14 Latin America Electric Aircraft Market Analysis
- 14.1 Key Findings
- 14.2 Latin America Electric Aircraft Market Attractiveness Index
- 14.3 Latin America Electric Aircraft Market by Country, 2023, 2028 & 2033 (US$ Billion)
- 14.4 Latin America Electric Aircraft Market by Value
- 14.5 Latin America Electric Aircraft Market by Country
- 14.6 Latin America Electric Aircraft Market by Range
- 14.7 Latin America Electric Aircraft Market by Electric Propulsion
- 14.8 Latin America Electric Aircraft Market by Aircraft Type
- 14.9 Latin America Electric Aircraft Market by Battery Technology
- 14.10 Latin America Electric Aircraft Market by Application
- 14.11 Brazil Electric Aircraft Market Analysis
- 14.12 Mexico Electric Aircraft Market Analysis
- 14.13 Rest of Latin America Electric Aircraft Market Analysis
15 Company Profiles
- 15.1 Competitive Landscape, 2022
- 15.2 Strategic Outlook
- 15.2.1 Acquisitions as Key Business Strategy
- 15.2.2 Agreements as Key Business Strategy
- 15.2.3 Collaborations as Key Business Strategy
- 15.2.4 Contract as Key Business Strategy
- 15.2.5 Investments as Key Business Strategy
- 15.2.6 Joint Venture as Key Business Strategy
- 15.2.7 New Product Launches as Key Business Strategy
- 15.2.8 Partnership as Key Business Strategy
- 15.3 Airbus SE
- 15.3.1 Company Snapshot
- 15.3.2 Company Overview
- 15.3.3 Financial Analysis
- 15.3.3.1 Net Revenue, 2018-2022
- 15.3.3.2 R&D, 2018-2022
- 15.3.3.3 Regional Revenue Share, 2022 (%)
- 15.3.3.4 Business Segment Revenue Share, 2022 (%)
- 15.3.4 Product Benchmarking
- 15.3.5 Strategic Outlook
- 15.4 The Boeing Company
- 15.4.1 Company Snapshot
- 15.4.2 Company Overview
- 15.4.3 Financial Analysis
- 15.4.3.1 Net Revenue, 2018-2022
- 15.4.3.2 R&D, 2018-2022
- 15.4.3.3 Regional Revenue Share, 2022 (%)
- 15.4.3.4 Business Segment Revenue Share, 2022 (%)
- 15.4.4 Product Benchmarking
- 15.4.5 Strategic Outlook
- 15.5 MagniX
- 15.5.1 Company Snapshot
- 15.5.2 Company Overview
- 15.5.3 Product Benchmarking
- 15.5.4 Strategic Outlook
- 15.6 Zunum Aero
- 15.6.1 Company Snapshot
- 15.6.2 Company Overview
- 15.6.3 Product Benchmarking
- 15.6.4 Strategic Outlook
- 15.7 Eviation Aircraft
- 15.7.1 Company Snapshot
- 15.7.2 Company Overview
- 15.7.3 Product Benchmarking
- 15.7.4 Strategic Outlook
- 15.8 Pipistrel
- 15.8.1 Company Snapshot
- 15.8.2 Company Overview
- 15.8.3 Product Benchmarking
- 15.8.4 Strategic Outlook
- 15.9 Bye Aerospace
- 15.9.1 Company Snapshot
- 15.9.2 Company Overview
- 15.9.3 Product Benchmarking
- 15.9.4 Strategic Outlook
- 15.10 Voltaero
- 15.10.1 Company Snapshot
- 15.10.2 Company Overview
- 15.10.3 Product Benchmarking
- 15.10.4 Strategic Outlook
- 15.11 Joby Aviation
- 15.11.1 Company Snapshot
- 15.11.2 Company Overview
- 15.11.3 Product Benchmarking
- 15.11.4 Strategic Outlook
- 15.12 Lilium N.V
- 15.12.1 Company Snapshot
- 15.12.2 Company Overview
- 15.12.3 Product Benchmarking
- 15.12.4 Strategic Outlook
- 15.13 Wright Electric, Inc.
- 15.13.1 Company Snapshot
- 15.13.2 Company Overview
- 15.13.3 Product Benchmarking
- 15.13.4 Strategic Outlook
- 15.14 Ampaire
- 15.14.1 Company Snapshot
- 15.14.2 Company Overview
- 15.14.3 Product Benchmarking
- 15.14.4 Strategic Outlook
- 15.15 Electroflight
- 15.15.1 Company Snapshot
- 15.15.2 Company Overview
- 15.15.3 Product Benchmarking
- 15.15.4 Strategic Outlook
- 15.16 Harbour Air Seaplanes
- 15.16.1 Company Snapshot
- 15.16.2 Company Overview
- 15.16.3 Product Benchmarking
- 15.16.4 Strategic Outlook
- 15.17 Aeromobil
- 15.17.1 Company Snapshot
- 15.17.2 Company Overview
- 15.17.3 Product Benchmarking
- 15.17.4 Strategic Outlook
16 Conclusion and Recommendations
- 16.1 Concluding Remarks from
- 16.2 Recommendations for Market Players