Vendor Insights
Electric Aircraft Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Airbus SE
- Bye Aerospace Inc.
- DBT Aero Inc.
- Delorean Aerospace LLC
- DIGISKY srl
- E-PROPS
- Equator Aircraft AS
- Evektor spol. sro
- Eviation Aircraft
- Gust Inc.
- Joby Aviation Inc.
- Lilium GmbH
- PIPISTREL doo
- Schempp-Hirth Flugzeug-Vertriebs GmbH
- Siemens AG
- The Boeing Co.
- Volta Volare
- Watt Flight
- Wright Electric
- Zunum Aero
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report.
Geographical Market Analysis
North America will account for 44% of the market's growth. In North America, the United States is the most important market for electric aircraft. This region's market will grow faster than those in South America, Asia, the Middle East, and Africa.
The adoption of electric aircraft has been aided by harsh penalties for violating strict noise laws, which will help the electric aircraft market grow in North America over the forecast period.
Furthermore, countries such as the US, UK, Germany, Canada, and Australia are expected to emerge as prominent markets for Electric Aircraft Market during the forecast period.
Know more about this market's geographical distribution along with a detailed analysis of the top regions. Download Detailed Sample Report.
Key Segment Analysis
The hybrid segment's market share of electric aircraft will expand significantly. In a hybrid aircraft, both conventional and electric power systems work together to maximize the aircraft's performance characteristics. In the next years, this will be the driving force behind the market expansion in this area. Furthermore, Siemens and Pipistrel cooperated to develop Hypstair, a hybrid powertrain that will help the market grow even more.
View Sample Report: to know additional highlights and key points on various market segments and their impact in coming years.
Key Market Drivers & Challenges:
The growing need for clean and quiet aircraft is one of the primary reasons driving the global electric aircraft market. Another trend that is likely to have a favorable. impact on the industry in the projected period is the use of sophisticated techniques for aircraft manufacturing. However, one of the major roadblocks to the worldwide electric aircraft market's expansion is the current battery technology's limits.
Download Sample for highlights on market Drivers & Challenges affecting the Global Electric Aircraft Market.
Customize Your Report
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
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Electric Aircraft Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.6% |
Market growth 2022-2026 |
$ 6.44 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.27 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 44% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Airbus SE, Bye Aerospace Inc., DBT Aero Inc., Delorean Aerospace LLC, DIGISKY srl, E-PROPS, Equator Aircraft AS, Evektor spol. sro, Eviation Aircraft, Gust Inc., Joby Aviation Inc., Lilium GmbH, PIPISTREL doo, Schempp-Hirth Flugzeug-Vertriebs GmbH, Siemens AG, The Boeing Co., Volta Volare, Watt Flight, Wright Electric, and Zunum Aero |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Technology
- 5.1 Market segments
- Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)
- 5.2 Comparison by Technology
- Exhibit 26: Chart on Comparison by Technology
- Exhibit 27: Data Table on Comparison by Technology
- 5.3 Hybrid - Market size and forecast 2021-2026
- Exhibit 28: Chart on Hybrid - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Hybrid - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Hybrid - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Hybrid - Year-over-year growth 2021-2026 (%)
- 5.4 All electric - Market size and forecast 2021-2026
- Exhibit 32: Chart on All electric - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on All electric - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on All electric - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on All electric - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Technology
- Exhibit 36: Market opportunity by Technology ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Airbus SE
- Exhibit 89: Airbus SE - Overview
- Exhibit 90: Airbus SE - Business segments
- Exhibit 91: Airbus SE - Key news
- Exhibit 92: Airbus SE - Key offerings
- Exhibit 93: Airbus SE - Segment focus
- 10.4 Bye Aerospace Inc.
- Exhibit 94: Bye Aerospace Inc. - Overview
- Exhibit 95: Bye Aerospace Inc. - Product / Service
- Exhibit 96: Bye Aerospace Inc. - Key offerings
- 10.5 Delorean Aerospace LLC
- Exhibit 97: Delorean Aerospace LLC - Overview
- Exhibit 98: Delorean Aerospace LLC - Product / Service
- Exhibit 99: Delorean Aerospace LLC - Key offerings
- 10.6 DIGISKY srl
- Exhibit 100: DIGISKY srl - Overview
- Exhibit 101: DIGISKY srl - Product / Service
- Exhibit 102: DIGISKY srl - Key offerings
- 10.7 Evektor spol. sro
- Exhibit 103: Evektor spol. sro - Overview
- Exhibit 104: Evektor spol. sro - Product / Service
- Exhibit 105: Evektor spol. sro - Key offerings
- 10.8 Gust Inc.
- Exhibit 106: Gust Inc. - Overview
- Exhibit 107: Gust Inc. - Product / Service
- Exhibit 108: Gust Inc. - Key offerings
- 10.9 Lilium GmbH
- Exhibit 109: Lilium GmbH - Overview
- Exhibit 110: Lilium GmbH - Product / Service
- Exhibit 111: Lilium GmbH - Key offerings
- 10.10 PIPISTREL doo
- Exhibit 112: PIPISTREL doo - Overview
- Exhibit 113: PIPISTREL doo - Product / Service
- Exhibit 114: PIPISTREL doo - Key offerings
- 10.11 The Boeing Co.
- Exhibit 115: The Boeing Co. - Overview
- Exhibit 116: The Boeing Co. - Business segments
- Exhibit 117: The Boeing Co. - Key news
- Exhibit 118: The Boeing Co. - Key offerings
- Exhibit 119: The Boeing Co. - Segment focus
- 10.12 Wright Electric
- Exhibit 120: Wright Electric - Overview
- Exhibit 121: Wright Electric - Product / Service
- Exhibit 122: Wright Electric - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 123: Inclusions checklist
- Exhibit 124: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 125: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 126: Research methodology
- Exhibit 127: Validation techniques employed for market sizing
- Exhibit 128: Information sources
- 11.5 List of abbreviations
- Exhibit 129: List of abbreviations
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