Electric Aircraft Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Electric Aircraft Market 2018 Electric Aircraft Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 An electric aircraft is an aircraft power-driven by electric motors. Electric energy may be supplied by several methods, including ground power cables, batteries, solar cells, power beaming ultracapacitors, and fuel cells. Increase in per capita income has led to a continuous rise in the number of air passengers over the past few years. This has driven the demand for aircraft, which, in turn, is driving the growth of the electric aircraft market. Electric aircraft manufacturers are looking forward to developing electric-powered aircraft that will consume no fuel, emit no CO2 or NOx, and will be considerably quieter as compared to the traditional gas-powered aircraft. Rising fuel prices have become a major concern for the aircraft companies. This is impelling them to look for alternatives to conventional fuel sources. Thus, the focus on electrical energy as an ecofriendly and efficient alternative to conventional fuel may increase the electric aircraft market demand over the forecast period. The use of electric aircraft will help in reducing noise, air, and ground pollution. This results in minimizing the hazards of global warming. This is estimated to drive the demand for the electric aircraft market. 2 www.marketresearchfuture.com Electric Aircraft Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Electric Aircraft Market Research Report - Global Forecast 2023” Electric aircraft are very innovative with respect to functioning and technology. An electric aircraft consists of a variety of autonomous electric components and systems, including structural components, smart skin, and printed electronics. The electric aircraft market growth is propelled by the rise in usage of these autonomous systems. The decrease in the operational & maintenance costs and the remarkable increase in aircraft deliveries have been a few other major factors spurring the electric aircraft market demand. 3 www.marketresearchfuture.com Electric Aircraft Market 2018 Segmentation: This study provides an overview of the global Electric Aircraft Market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Electric Aircraft market by its Technology, Power Source, Range, Application, and Region. According to MRFR, the global Electric Aircraft Market is estimated to witness a CAGR of more than 4% during the forecast period from 2018 to 2023. The electric aircraft market is an emerging market with fewer multinational and regional manufacturers and suppliers. These multinational players offer heterogeneous products and services. These products may sometimes be customized, particularly when it comes to military aircraft. The electric aircraft market is highly capital driven and completely based on technological developments, quality, cost, and reliability of the components. To gain a competitive advantage, the major vendors in the market respond and identify the evolving trends in geopolitical situations. Browse Report @ https://www.marketresearchfuture.com/reports/electricaircraft-market-6109 4 www.marketresearchfuture.com Electric Aircraft Market 2018 Application & Major Players in this Research: Electric Aircraft Market Prominent Players: Bye Aerospace (U.S.), DeLorean Aerospace (U.S.), Eviation Aircraft (Israel), Electric Aircraft Corporation (U.S.), Lilium (Germany), PC Aero (Germany), Pipistrel (U.K), Siemens (Germany), Schempp-Hirth (Germany), Volta-Volaré (U.S.), Yuneec International (China), and Zunum Aero (U.S.). Request a Sample Report @ . https://www.marketresearchfuture.com/sample_request/6109 5 www.marketresearchfuture.com Electric Aircraft Market 2018 Electric Aircraft Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: North America is estimated to be a prominent region for the electric aircraft market during the forecast period. Rise in the developments in the military sector, such as the procurement of lightweight aircraft and innovative military jets, is expected to increase the demand for the electric aircraft market in North America. In Asia Pacific, India and China are expected to grow at a significant rate, during the forecast period, as these countries follow the Environmental Protection Agency (EPA) and International Civil Aviation Organization (ICAO) emission norms to combat air pollution. Hence, there is potential for use of electric aircraft for air transport in this region. Investments in lightweight components, highly efficient power electronics, and highly competent batteries drive the demand for the market. In addition, support from governments, in terms of tax benefits and subsidies, will support the growing demand throughout the forecast period. 6 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 7 www.marketresearchfuture.com MARKET RESEARCH FUTURE THANK YOU [email protected] Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 8 www.marketresearchfuture.com
Global Electric Aircraft Market by Technology (Hybrid Aircraft, All Electric Aircraft), Power Source (Battery, Solar Cells, Fuel Cells, Others), by Range (Less than 600 Km, More than 600 Km), Application (Commercial, Military), and by Region - Forecast Till 2023
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