Electric Aircraft Market by Component, Type, Technology, Range, Takeoff & Landing Type, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Electric Aircraft Market is forecasted to grow significantly, with a projected USD 1,762.04 million in 2023 at a CAGR of 7.26% and expected to reach a staggering USD 2,910.70 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Electric Aircraft Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Electric Aircraft Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Aircraft Battery and Aircraft Electric Motor. The Aircraft Battery commanded largest market share of 32.11% in 2022, followed by Aircraft Electric Motor.

Based on Type, market is studied across Light Jet and Ultralight Aircraft. The Light Jet commanded largest market share of 50.23% in 2022, followed by Ultralight Aircraft.

Based on Technology, market is studied across All-Electric Aircraft and Hybrid Aircraft. The Hybrid Aircraft is further studied across Fuel-Powered Aircraft and Solar-Powered Aircraft. The Hybrid Aircraft commanded largest market share of 61.56% in 2022, followed by All-Electric Aircraft.

Based on Range, market is studied across Less Than 500 Km and More Than 500 Km. The Less Than 500 Km commanded largest market share of 61.41% in 2022, followed by More Than 500 Km.

Based on Takeoff & Landing Type, market is studied across Conventional Takeoff & Landing, Short Takeoff & Landing, and Vertical Takeoff & Landing. The Conventional Takeoff & Landing commanded largest market share of 43.12% in 2022, followed by Short Takeoff & Landing.

Based on Application, market is studied across Commercial and Military. The Commercial commanded largest market share of 58.33% in 2022, followed by Military.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.17% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Electric Aircraft Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Electric Aircraft Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Electric Aircraft Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Electric Aircraft Market?

4. What is the competitive strategic window for opportunities in the Global Electric Aircraft Market?

5. What are the technology trends and regulatory frameworks in the Global Electric Aircraft Market?

6. What is the market share of the leading vendors in the Global Electric Aircraft Market?

7. What modes and strategic moves are considered suitable for entering the Global Electric Aircraft Market?

Product Code: MRR-43511EA339D3

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Electric Aircraft Market, by Component, 2022 vs 2030
4.3. Electric Aircraft Market, by Type, 2022 vs 2030
4.4. Electric Aircraft Market, by Technology, 2022 vs 2030
4.5. Electric Aircraft Market, by Range, 2022 vs 2030
4.6. Electric Aircraft Market, by Takeoff & Landing Type, 2022 vs 2030
4.7. Electric Aircraft Market, by Application, 2022 vs 2030
4.8. Electric Aircraft Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing inclination towards the electrification for clean and green environment
  - 5.1.1.2. Rise in developments in electric motors, batteries and power electronics
  - 5.1.1.3. Surging demand for unmanned electric vehicles and favorable government support
- 5.1.2. Restraints
  - 5.1.2.1. Concern regarding high voltage and thermal issues coupled with high weight of aircrafts due to use of heavy batteries
- 5.1.3. Opportunities
  - 5.1.3.1. Emergence of advanced air mobility with the help of innovative technology
  - 5.1.3.2. Rapid usage of electric aircrafts in logistics and supply chain management
- 5.1.4. Challenges
  - 5.1.4.1. Issues pertaining to design complications of electric aircrafts and high energy density batteries
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Electric Aircraft Market, by Component

6.1. Introduction
6.2. Aircraft Battery
6.3. Aircraft Electric Motor

7. Electric Aircraft Market, by Type

7.1. Introduction
7.2. Light Jet
7.3. Ultralight Aircraft

8. Electric Aircraft Market, by Technology

8.1. Introduction
8.2. All-Electric Aircraft
8.3. Hybrid Aircraft
- 8.3.1. Fuel-Powered Aircraft
- 8.3.2. Solar-Powered Aircraft

9. Electric Aircraft Market, by Range

9.1. Introduction
9.2. Less Than 500 Km
9.3. More Than 500 Km

10. Electric Aircraft Market, by Takeoff & Landing Type

10.1. Introduction
10.2. Conventional Takeoff & Landing
10.3. Short Takeoff & Landing
10.4. Vertical Takeoff & Landing

11. Electric Aircraft Market, by Application

11.1. Introduction
11.2. Commercial
11.3. Military

12. Americas Electric Aircraft Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Electric Aircraft Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Electric Aircraft Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
- 15.3.1. Merger & Acquisition
  - 15.3.1.1. Surf Air Mobility to Go Public Through USD 1.42 Billion Merger With Tuscan Holdings Corp. II, Accelerating the Rollout of Industry Leading Hybrid Electric Aircraft
- 15.3.2. Agreement, Collaboration, & Partnership
  - 15.3.2.1. Stellantis to mass produce Archer's electric aircraft in expanded deal
  - 15.3.2.2. Army Electric Aircraft Research Takes Flight In Partnership
- 15.3.3. New Product Launch & Enhancement
  - 15.3.3.1. Audi e-tron launches a solar-powered aircraft to monitor the weather and collect vital data
  - 15.3.3.2. United Airlines to launch first commercial electric air taxi route with Archer Aviation in Chicago
  - 15.3.3.3. Alice, The First All-Electric Passenger Airplane, Takes Flight
- 15.3.4. Investment & Funding
  - 15.3.4.1. United Airlines invests USD 15 million in electric aviation startup, orders 200 air taxis

16. List of Company Mentioned

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing