Electric Aircraft Market States and Outlook across by 2027
The latest Electric Aircraft Market market offers good growth opportunities during the next five year period ending 2026. In its detailed market assessment report, Stratview Research has analysed the Electric Aircraft market emerging trends, forecasts, competitive landscapes, and factors governing the market dynamics. The study will cover the market intelligence and information for a period of 12 years from 2016 to 2026. The base year for the study is 2020
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Impact of COVID-19 on Electric Aircraft Market
The global Electric Aircraft market is anticipated to recoup from the effects of COVID-19 starting from the year 2021 and will grow at a modest CAGR during the forecast period of 2021-2026. The market is estimated through a rigorous triangulation process of internal data, secondary analysis and the insights gained from the primary interviews with industry experts. The Electric Aircraft market growth depends upon numerous factors which have direct or indirect impact the demand.
Key Players involve in this research are:
Alisport SRL
Aurora (A Boeing Company)
Airbus SE
Bye Aerospace
Cessna Aircraft (Textron Aviation)
Delorean Aerospace
Embraer S.A.
Evektor-Aerotechnik
Hamilton Aero Maintenance
Joby Aviation.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Electric Aircraft Market value and growth drivers over the trend period of 2021-26. According to the report -
Electric Aircraft Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Financially viable cost of possession of electric aircraft and their merits over traditional aircraft are underpinning the growth of the global electric aircraft market.
Segment Analysis:
Based on Application Type:
Based on the aircraft type, the market is segmented as ultralight aircraft and light jet. The ultralight aircraft segment dominated the market in 2018, and is expected to maintain its dominance during the forecast period as well. The possession of ultralight aircraft is economically viable owing to its simplistic design and building. With the rise in fuel prices, the demand for ultralight aircraft is expected to pace up the demand for various training purposes during the forecast period.
Based on Region:
In terms of regions, Europe dominated the electric aircraft market in 2018, and is expected to continue its dominance during the forecast period as well. The market is led by the aircraft and its component industry in Europe, which is focusing to adopt new advanced materials, such as gamma-titanium aluminides and single crystals, which offer enhanced mechanical properties. These high-tech engines help aircraft minimize their fuel consumptions, carbon emissions and noise, among a host of such other factors. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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To evaluate the revenue growth, opportunities, and other important segments in Electric Aircraft Market, the report on Electric Aircraft market has been segmented by Platform Type (Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, Helicopter, UAV, and Spacecraft), by Material Type (Titanium & Alloys, Aluminum & Alloys, Steel & Alloys, and Others), by Sales Channel Type (Direct Sales and Distributor Sales), by Product Type (Hot-Rolled Plates and Cold-Rolled Plates), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
What you can explore with this report-
- Analyse and forecast the size of Electric Aircraft market.
- Estimate the market shares of major segments.
- Showcase the development of the Electric Aircraft market in different parts of the world.
- Know the details about the factors affecting the growth of the Electric Aircraft market by Country and Individual Segments.
- Know about different and crucial business strategies used by leading companies operating in the Electric Aircraft market.
Customization of the Report:
With this detailed report, Stratview Research also offers customization options to its clients to meet their requirements. Please connect with our sales team at sales@stratviewresearch.com. You can also get in touch with us on (+1-313-307-4176) to share your research requirements.
What we do:
Stratview Research is one of the leading global Market Research agencies helping client’s tract the ever-evolving market scenarios through our customized and syndicated reports. Our reports include both quantitative and qualitative market data, gathered with the help of our across-the-board and reliable secondary sources and our in-depth interviews with the key players within the market. Our market valuations, derived from primary and secondary research, keep our clients informed about major market trends, opportunities, and challenges that may help or hamper their growth prospects in the industry
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