- Ultralight Aircraft
- Light Jet
Electric Aircraft Market size was valued at USD 8,105.0 Million in 2023 and is expected to reach a value of USD 13,552.0 Million by 2030, growing at a CAGR of 7.62% during the forecast year 2024 to 2030. The global market provides a detailed overview of the electric aircraft market and that can be segmented by aircraft type, component, technology, and power density. By aircraft type, the electric aircraft market has been segmented into ultralight aircraft and light jets. The light jet segment is likely to be the largest and fastest-growing segment in terms of the aircraft type. On the basis of components, the market is segregated into the battery and electric motor. The electric motor held the highest CAGR during the estimated period. Based on technology, the electric aircraft market is segmented into hybrid and all-electric. Among these, the all-electric segment is expected to have the fastest-growing market during the forecast period 2023 to 2029. Based on density, the electric aircraft market is segmented into less than 500 KM and more than 500 KM. The less than 500 KM segment accounts for the largest share in 2022. The more than 500 KM segment has the second-largest share during the forecast period 2023-2029.
Electric Aircraft Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
7.62%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Electric Aircraft Market Dynamics
The industry is currently being driven by the expanding advertising needs of businesses all over the world, as well as extensive technology proliferation. Commercial printers are becoming more popular among businesses since they are more cost-effective and efficient for large-scale printing. The key growth-inducing aspect is the widespread usage of high-quality printed package material for advertising and branding. Another aspect influencing the market's growth is the consistent demand for physical hardbound books.
Asia Pacific Market Got Significant Share
Electric Aircraft Market Regional Analysis
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period owing to rising demand from key regions. The market in the region is growing due to factors such as the introduction of new technology, changing lifestyles, the rise of e-commerce, and urbanization.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The electric aircraft market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
- The electric aircraft market report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The electric aircraft market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The electric aircraft market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The electric aircraft market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Electric Aircraft Market Segmentation
By Aircraft Type
By Component
- Battery
- Electric Motor
By Technology
- Hybrid
- All Electric
By Power Density
- Less than 500 KM
- More than 500 KM
Frequently Asked Questions
The Electric Aircraft Market is projected to expand at a CAGR of 7.62% during the forecast period.
The major players in the global electric aircraft market are Alisport SRL, Aurora (A Boeing Company), Bye Aerospace, Digisky, Electravia, Eviation Aircraft, Hamilton Aero, Lilium, PC Aero, Pipistrel, Schempp-Hirth, Volta Volare, Wright Electric and Yuneec International
Asia Pacific is the fastest-growing region for Electric Aircraft Market
| 1. Executive Summary |
| 2. Global Electric Aircraft Market Introduction |
| 2.1. Global Electric Aircraft Market Taxonomy |
| 2.2. Global Electric Aircraft Market Definitions |
| 2.2.1. By Aircraft Type |
| 2.2.2. By Component |
| 2.2.3. By Technology |
| 2.2.4. By Power Density |
| 2.2.5. By Region |
| 3. Global Electric Aircraft Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Electric Aircraft Market Dynamic Factors - Impact Analysis |
| 3.6. Global Electric Aircraft Market Competition Landscape |
| 4. Global Electric Aircraft Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market OpportunityAnalysis |
| 5. Global Electric Aircraft Market, By Aircraft Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1. Ultralight Aircraft |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth A |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Light Jet |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Global Electric Aircraft Market, By Component, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1. Battery |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Electric Motor |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Electric Aircraft Market, By Technology, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1. Hybrid |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. All Electric |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Electric Aircraft Market, By Power Density, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1. Less than 500 KM |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. More than 500 KM |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9. Global Electric Aircraft Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia-Pacific |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Latin America |
| 9.4.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Middle East and Africa |
| 9.5.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 9.6. Global Electric Aircraft Market - Opportunity Analysis Index, By Aircraft Type, Component, Technology, Power Density, and Region, 2024 - 2030 |
| 10. North America Electric Aircraft Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 10.1. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Ultralight Aircraft |
| 10.1.2. Light Jet |
| 10.2. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Battery |
| 10.2.2. Electric Motor |
| 10.2.3. Others |
| 10.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Hybrid |
| 10.3.2. All Electric |
| 10.4. Power Density Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Less than 500 KM |
| 10.4.2. More than 500 KM |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.5.1. USA |
| 10.5.2. Canada |
| 10.6. North America Electric Aircraft Market - Opportunity Analysis Index, By Aircraft Type, Component, Technology, Power Density, and Country, 2024 - 2030 |
| 10.7. North America Electric Aircraft Market Dynamics Trends |
| 11. Europe Electric Aircraft Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 11.1. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Ultralight Aircraft |
| 11.1.2. Light Jet |
| 11.2. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Battery |
| 11.2.2. Electric Motor |
| 11.2.3. Others |
| 11.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Hybrid |
| 11.3.2. All Electric |
| 11.4. Power Density Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Less than 500 KM |
| 11.4.2. More than 500 KM |
| 11.5. Country Analysis 2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.5.1. Germany |
| 11.5.2. UK |
| 11.5.3. France |
| 11.5.4. Spain |
| 11.5.5. Italy |
| 11.5.6. Russia |
| 11.5.7. Rest of Europe |
| 11.6. Europe Electric Aircraft Market - Opportunity Analysis Index, By Aircraft Type, Component, Technology, Power Density, and Country, 2024 - 2030 |
| 11.7. Europe Electric Aircraft Market Dynamics Trends |
| 12. Asia-Pacific Electric Aircraft Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 12.1. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Ultralight Aircraft |
| 12.1.2. Light Jet |
| 12.2. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Battery |
| 12.2.2. Electric Motor |
| 12.2.3. Others |
| 12.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Hybrid |
| 12.3.2. All Electric |
| 12.4. Power Density Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Less than 500 KM |
| 12.4.2. More than 500 KM |
| 12.5. Country Analysis 2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.5.1. China |
| 12.5.2. India |
| 12.5.3. Japan |
| 12.5.4. ASEAN |
| 12.5.5. Australia & New Zealand |
| 12.5.6. Rest of Asia-Pacific |
| 12.6. Asia-Pacific Electric Aircraft Market - Opportunity Analysis Index, By Aircraft Type, Component, Technology, Power Density, and Country,2024 - 2030 |
| 12.7. Asia-Pacific Electric Aircraft Market Dynamics Trends |
| 13. Latin America Electric Aircraft Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 13.1. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Ultralight Aircraft |
| 13.1.2. Light Jet |
| 13.2. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Battery |
| 13.2.2. Electric Motor |
| 13.2.3. Others |
| 13.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Hybrid |
| 13.3.2. All Electric |
| 13.4. Power Density Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Less than 500 KM |
| 13.4.2. More than 500 KM |
| 13.5. Country Analysis 2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.5.1. Brazil |
| 13.5.2. Mexico |
| 13.5.3. Rest of Latin America |
| 13.6. Latin America Electric Aircraft Market - Opportunity Analysis Index, By Aircraft Type, Component, Technology, Power Density, and Country, 2024 - 2030 |
| 13.7. Latin America Electric Aircraft Market Dynamics Trends |
| 14. Middle East and Africa Electric Aircraft Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
| 14.1. Aircraft Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1. Ultralight Aircraft |
| 14.1.2. Light Jet |
| 14.2. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1. Battery |
| 14.2.2. Electric Motor |
| 14.2.3. Others |
| 14.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.3.1. Hybrid |
| 14.3.2. All Electric |
| 14.4. Power Density Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 14.4.1. Less than 500 KM |
| 14.4.2. More than 500 KM |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 14.5.1. Gulf Cooperation Council (GCC) Countries |
| 14.5.2. South Africa |
| 14.5.3. Rest of MEA |
| 14.6. MEA Electric Aircraft Market - Opportunity Analysis Index, By Aircraft Type, Component, Technology, Power Density, and Country, 2024 - 2030 |
| 14.7. MEA Electric Aircraft Market Dynamics Trends |
| 15. Competition Landscape |
| 15.1. Strategic Dashboard of Top Market Players |
| 15.2. Company Profiles (Introduction, Financial Analysis, KeyOfferings, Key Developments, Strategies, and SWOT Analysis) |
| 15.2.1. Alisport SRL |
| 15.2.2. Aurora (A Boeing Company) |
| 15.2.3. Bye Aerospace |
| 15.2.4. Digisky |
| 15.2.5. Electravia |
| 15.2.6. Eviation Aircraft |
| 15.2.7. Hamilton Aero |
| 15.2.8. Lilium |
| 15.2.9. PC Aero |
| 15.2.10. Pipistrel |
| 15.2.11. Schempp-Hirth |
| 15.2.12. Volta Volare |
| 15.2.13. Wright Electric |
| 15.2.14. Yuneec International |
| 16. Research Methodology |
| 17. Key Assumptions and Acronyms |
- Alisport SRL
- Aurora (A Boeing Company)
- Bye Aerospace
- Digisky
- Electravia
- Eviation Aircraft
- Hamilton Aero
- Lilium
- PC Aero
- Pipistrel
- Schempp-Hirth
- Volta Volare
- Wright Electric
- Yuneec International