Press release
Electric Aircraft Market 2023 - By Industry Growth, Future Trends, Business Opportunities And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company's Electric Aircraft Global Market Report 2023 identifies surge in global air passenger volume as the major driver for the Electric Aircraft market's growth in the forecast period. Airlines that specialize in carrying people are called passenger airlines. Air passengers are opting for air travel due to its benefits, such as speed, increased international travel, and others. The electric aircraft reduces the cost of travel for passengers and contributes to the environment by being sustainable.
The global electric aircraft market size is expected to grow from $7.94 billion in 2022 to $9.10 billion in 2023, at a compound annual growth rate (CAGR) of 14.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric aircraft market size is expected to grow to $15.16 billion in 2027 at a CAGR of 13.6%.
Download Free Sample Of Electric Aircraft Market Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=8142&type=smp
Major competitors in the Electric Aircraft market are Airbus Yuneec Holding Limited, The Boeing Company, Yuneec International, Lilium GmbH, Safran SA, Bye Aerospace, Zunum Aero.
A key trend in the Electric Aircraft market includes technological advancements. Major companies operating in the electric aircraft market are coming up with novel technologies for enabling longer routes and gaining a competitive edge in the market. For instance, in June 2022, Rolls Royce, a UK-based aero-engine maker, developed turbogenerator technology, including the creation of a new compact engine for hybrid-electric applications. The system will be an on-board power source with scalable power supplies, complementing the Rolls-Royce Electrical Propulsion portfolio by enabling a greater range of sustainable aviation fuels. Rolls-Royce intends to offer a power range of 500 kW to 1200 kW using this turbogenerator technology.
Read More On The Global Electric Aircraft Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-aircraft-global-market-report
The Electric Aircraft market is segmented -
• By Type: Fixed Wing, Rotary Wing, or Hybrid Wing
• By Technology: CTOL, STOL, VTOL
• By System: Batteries, Electric Motors, Aerostructures, Avionics, Software, Other Systems
• By Platform: Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft
• By Application: Commercial, Military, and Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Electric Aircraft market.
The Business Research Company's "Global Electric Aircraft Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Electric Aircraft Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8142
The Table Of Content For The Electric Aircraft Market Include:
1. Executive Summary
2. Electric Aircraft Market Characteristics
3. Electric Aircraft Market Trends And Strategies
4. Electric Aircraft Market - Macro Economic Scenario
5. Electric Aircraft Market Size And Growth
……………………………..
26. Africa Electric Aircraft Market
27. Electric Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Aircraft Market
29. Electric Aircraft Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
The Business Research Company's Electric Aircraft Global Market Report 2023 identifies surge in global air passenger volume as the major driver for the Electric Aircraft market's growth in the forecast period. Airlines that specialize in carrying people are called passenger airlines. Air passengers are opting for air travel due to its benefits, such as speed, increased international travel, and others. The electric aircraft reduces the cost of travel for passengers and contributes to the environment by being sustainable.
The global electric aircraft market size is expected to grow from $7.94 billion in 2022 to $9.10 billion in 2023, at a compound annual growth rate (CAGR) of 14.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric aircraft market size is expected to grow to $15.16 billion in 2027 at a CAGR of 13.6%.
Download Free Sample Of Electric Aircraft Market Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=8142&type=smp
Major competitors in the Electric Aircraft market are Airbus Yuneec Holding Limited, The Boeing Company, Yuneec International, Lilium GmbH, Safran SA, Bye Aerospace, Zunum Aero.
A key trend in the Electric Aircraft market includes technological advancements. Major companies operating in the electric aircraft market are coming up with novel technologies for enabling longer routes and gaining a competitive edge in the market. For instance, in June 2022, Rolls Royce, a UK-based aero-engine maker, developed turbogenerator technology, including the creation of a new compact engine for hybrid-electric applications. The system will be an on-board power source with scalable power supplies, complementing the Rolls-Royce Electrical Propulsion portfolio by enabling a greater range of sustainable aviation fuels. Rolls-Royce intends to offer a power range of 500 kW to 1200 kW using this turbogenerator technology.
Read More On The Global Electric Aircraft Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-aircraft-global-market-report
The Electric Aircraft market is segmented -
• By Type: Fixed Wing, Rotary Wing, or Hybrid Wing
• By Technology: CTOL, STOL, VTOL
• By System: Batteries, Electric Motors, Aerostructures, Avionics, Software, Other Systems
• By Platform: Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft
• By Application: Commercial, Military, and Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Electric Aircraft market.
The Business Research Company's "Global Electric Aircraft Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Electric Aircraft Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8142
The Table Of Content For The Electric Aircraft Market Include:
1. Executive Summary
2. Electric Aircraft Market Characteristics
3. Electric Aircraft Market Trends And Strategies
4. Electric Aircraft Market - Macro Economic Scenario
5. Electric Aircraft Market Size And Growth
……………………………..
26. Africa Electric Aircraft Market
27. Electric Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Aircraft Market
29. Electric Aircraft Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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