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Market Research Report
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1031953

Electric Aircraft Market by PLatform (Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft), Type, System (Batteries, Electric Motors, Aerostructures, Avionics, Software), Technology, Application, and Region - Forecast to 2030

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Electric Aircraft Market by PLatform (Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft), Type, System (Batteries, Electric Motors, Aerostructures, Avionics, Software), Technology, Application, and Region - Forecast to 2030
Published: October 6, 2021
MarketsandMarkets
Content info: 194 Pages
Delivery time: 1-2 business days
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Description

The global market for electric aircraft is estimated to be USD 7.9 billion in 2021 and is projected to reach USD 27.7 billion by 2030, at a CAGR of 14.8% during the forecast period. The growth of this market is mainly driven by the deployment of urban air mobility aircraft and the increasing use of electric aircThe sudden outbreak of the COVID-19 has taken a toll on various industrial sectors, with aviation being one of the worst affected. However, the electric aircraft market did not seem to have been impacted by the pandemic as much as the aviation industry as a whole. Electric UAVs were widely used by militaries for a variety of missions like border security, while governments and law enforcement agencies used them on an experimental basis.

Civil & commercial applications of electric aircraft include transportation of medical supplies by companies like Zipline and mostly for aerial photography. Retail and other logistics companies are increasingly looking towards the usage of electric UAVs to distribute essential items due to intermittent lockdowns and the imposition of social distancing protocols worldwide. In the US, companies like Amazon and USP have already scaled up their usage of electric drones for their deliveries. Electric drones are also witnessing an increased application in Africa, as they are being used as the art of EMS services to supply medicines and amenities as well as transport organs and blood across cities. These factors have helped the electric aircraft market to sustain the overall impact of the COVID-19 pandemic on the global economy aicraft for cargo applications and different aerial mission-specific activities.

The light & ultralight aircraft segment is expected to grow the largest, based on platform of electric aircraft. Various technological advancements and aircraft modernization programs are expected to boost the market for electric aircraft. Low noise electric UAVs are increasingly adopted in civil and military applications. An increase in corporate activities and the need for aircraft with low carbon footprints are to drive demand for electric aircraft.

"The Hybrid wing segment is projected to witness the highest CAGR during the forecast period."

Based on type, the rotary wing segment is projected to be the highest CAGR rate for the electric aircraft market during the forecast period. The evolution in the missions' complexity of both military aircraft and unmanned aerial vehicles (UAVs) and the increase in civilian air traffic, with limited runways, will lead to increasing adoption of these wing type.

"The battery Segment is projected to witness the highest CAGR during the forecast period."

Based on the system, the battery segment is projected to grow at the highest CAGR rate for the electric aircraft market during the forecast period. Batteries are the most common onboard energy storage components of electric aircraft due to their relatively high storage capacity. Modern batteries are mostly rechargeable and are lithium-based. Advancements in battery power density would be the driving factor for this segment

"The VTOL segment is projected to witness the highest CAGR during the forecast period"

Based on the technology, the VTOL segment is projected to grow at the highest CAGR rate for the aircraft landing gear market during the forecast period. Large deployment in civil applications, including air taxi and ems services, will drive this segment. Most of the civil eVTOL aircraft are designed for urban air mobility, air taxis, medical assistance, and personnel passenger transportation.

"The Civil segment is projected to witness the highest CAGR during the forecast period"

Based on application, the Civil segment is projected to grow at the highest CAGR rate for the aircraft landing gear market during the forecast period. As urban planners, public transit agencies, and walking and biking advocates work to steer cities away from a future congested with cars and as others discuss ethics, realities, and regulations of autonomous vehicles, increasing developments in urban mobility applications will drive this segment.

"The North American market is projected to contribute the largest share from 2021 to 2026"

Electric Aircraft market in North America is projected to hold the highest market share during the forecast period. North America accounted for the largest share of 34.3% of the electric aircraft market and is expected to grow at a CAGR of 16.1% during the forecast period. The US has the largest UAV fleet used in military and civil applications. Early adoption of electric aircraft for urban air mobility is also being witnessed in the US. These factors are expected to drive the market in North America.

Breakdown of primaries The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type: Tier 1-49%; Tier 2-37%; and Tier 3-14%
  • By Designation: C Level-55%; Directors-27%; and Others-18%
  • By Region: North America-55%; Europe-27%; Asia Pacific-9%; and Rest of the World-9%

The electric aircraft market is dominated by a few globally established players such as Airbus SE (Netherlands), Elbit Systems Ltd. (Israel), and AeroVironment, Inc (US).

Research Coverage

The study covers the electric aircraft market across various segments and subsegments. It aims at estimating the size and growth potential of this market across different segments based on platform, type, system, technology, application, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.

Reasons to Buy this Report

This report is expected to help market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Electric Aircraft Market and its segments. This study is also expected to provide region wise information about the end use, and wherein electric aircraft are used. This report aims at helping the stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses and plan suitable go-to-market strategies. This report is also expected to help them understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities influencing the growth of the market

Table of Contents
Product Code: AS 6154

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 OBJECTIVES OF THE STUDY
  • 1.2 MARKET DEFINITION
  • 1.3 MARKET SCOPE
    • 1.3.1 MARKETS COVERED
    • FIGURE 1 ELECTRIC AIRCRAFT MARKET SEGMENTATION
    • 1.3.2 YEARS CONSIDERED FOR THE STUDY
  • 1.4 INCLUSIONS AND EXCLUSIONS
    • TABLE 1 INCLUSIONS AND EXCLUSIONS IN THE ELECTRIC AIRCRAFT MARKET
  • 1.5 CURRENCY & PRICING
  • 1.6 LIMITATIONS
  • 1.7 MARKET STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES
    • FIGURE 2 ELECTRIC AIRCRAFT MARKET TO GROW AT A HIGHER RATE COMPARED TO PREVIOUS ESTIMATES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 3 REPORT PROCESS FLOW
    • FIGURE 4 RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key primary insights
      • 2.1.2.2 Key primary sources
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 SEGMENTS AND SUBSEGMENTS
  • 2.3 RESEARCH APPROACH & METHODOLOGY
    • 2.3.1 BOTTOM-UP APPROACH (DEMAND SIDE)
    • 2.3.2 ELECTRIC AIRCRAFT MARKET
    • FIGURE 5 MARKET SIZE CALCULATION
    • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (DEMAND SIDE)
    • FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY SIDE)
    • 2.3.3 TOP-DOWN APPROACH
    • FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • 2.4 TRIANGULATION & VALIDATION
    • FIGURE 9 DATA TRIANGULATION
    • 2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
  • 2.5 GROWTH RATE FACTORS
  • 2.6 ASSUMPTIONS FOR THE RESEARCH STUDY
  • 2.7 RISKS

3 EXECUTIVE SUMMARY

    • FIGURE 10 BATTERIES SEGMENT ESTIMATED TO ACCOUNT FOR LARGEST SHARE OF ELECTRIC AIRCRAFT MARKET IN 2021
    • FIGURE 11 ELECTRIC AIRCRAFT MARKET, BY TYPE, 2021
    • FIGURE 12 MILITARY SEGMENT ESTIMATED TO ACCOUNT FOR A LARGER SHARE OF ELECTRIC AIRCRAFT MARKET IN 2021
    • FIGURE 13 ELECTRIC AIRCRAFT MARKET IN NORTH AMERICA EXPECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE ELECTRIC AIRCRAFT MARKET
    • FIGURE 14 THE GROWING NEED FOR CLEANER AND QUIETER AIRCRAFT IS EXPECTED TO DRIVE THE MARKET FROM 2O21 TO 2030
  • 4.2 ELECTRIC AIRCRAFT MARKET, BY PLATFORM
    • FIGURE 15 LIGHT & ULTRALIGHT AIRCRAFT PROJECTED TO LEAD THE MARKET FROM 2021 TO 2030
  • 4.3 ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY
    • FIGURE 16 VTOL SEGMENT PROJECTED TO LEAD THE MARKET FROM 2021 TO 2030
  • 4.4 ELECTRIC AIRCRAFT MARKET, BY COUNTRY
    • FIGURE 17 ELECTRIC UAVS SEGMENT OF ELECTRIC AIRCARFT MARKET IN CANADA PROJECTED TO GROW AT HIGHEST CAGR FROM 2021 TO 2030

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Growing need for cleaner and quieter aircraft
      • 5.2.1.2 Advances in batteries, electric motors, and power electronics
      • 5.2.1.3 Rise in demand for unmanned aerial vehicles
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Increased aircraft weight due to heavy batteries
      • 5.2.2.2 High voltage and thermal issues
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Emergence of advanced air mobility
      • 5.2.3.2 Use of all-electric aircraft for logistics
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Development of batteries having higher energy densities
      • 5.2.4.2 Battery recharging infrastructure at airports
      • 5.2.4.3 Designing all-electric manned aircraft
      • 5.2.4.4 Ensuring airworthiness of electric aircraft
  • 5.3 RANGE AND SCENARIOS
  • 5.4 COVID-19 IMPACT ANALYSIS
  • 5.5 PORTER'S FIVE FORCES ANALYSIS
    • TABLE 2 PORTER'S FIVE FORCES ANALYSIS
    • FIGURE 18 PORTER'S FIVE FORCES ANALYSIS
    • 5.5.1 THREAT OF NEW ENTRANTS
    • 5.5.2 THREAT OF SUBSTITUTES
    • 5.5.3 BARGAINING POWER OF SUPPLIERS
    • 5.5.4 BARGAINING POWER OF BUYERS
    • 5.5.5 COMPETITION IN THE INDUSTRY
  • 5.6 VALUE CHAIN ANALYSIS
    • 5.6.1 RAW MATERIALS
    • 5.6.2 R&D
    • 5.6.3 COMPONENT MANUFACTURING
    • 5.6.4 OEMS
    • 5.6.5 END USERS
    • 5.6.6 AFTER-SALES SERVICES
  • 5.7 MARKET ECOSYSTEM MAP
    • 5.7.1 PROMINENT COMPANIES
    • 5.7.2 PRIVATE AND SMALL ENTERPRISES
    • 5.7.3 END USERS
  • 5.8 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS
  • 5.9 TRADE DATA ANALYSIS
    • TABLE 3 TRADE DATA TABLE FOR ELECTRIC AIRCRAFT MARKET
  • 5.10 TECHNOLOGY ANALYSIS
    • 5.10.1 LITHIUM-SULFUR BATTERIES
    • 5.10.2 HYDROGEN FUEL CELLS
  • 5.11 TARIFF AND REGULATORY LANDSCAPE
    • 5.11.1 THE EUROPEAN AVIATION SAFETY AGENCY FRAMEWORK FOR VTOL AIRCRAFT
    • 5.11.2 FEDERAL AVIATION ADMINISTRATION RULES FOR UNMANNED AIRCRAFT SYSTEM
    • 5.11.3 FEDERAL AVIATION ADMINISTRATION (FAA) GUIDELINES FOR ELECTRIC MOTORS IN AIRCRAFT
  • 5.12 AVERAGE SELLING PRICE
    • TABLE 4 AVERAGE SELLING PRICE: ELECTRIC AIRCRAFT, BY TYPE (USD MILLION)
  • 5.13 VOLUME DATA
    • TABLE 5 ELECTRIC AIRCRAFT MARKET SIZE, BY TYPE (UNITS)
    • TABLE 6 ELECTRIC AIRCRAFT MARKET SIZE, BY TYPE (UNITS)

6 INDUSTRY TRENDS

  • 6.1 INTRODUCTION
    • 6.1.1 URBAN AIR MOBILITY
    • 6.1.2 ENERGY HARVESTING
    • 6.1.3 HIGH POWER BATTERIES AND MOTORS
  • 6.2 CASE STUDY ANALYSIS
    • 6.2.1 JOBY AEROSPACE COMPLETES ALL-ELECTRIC FLIGHT WITH ELECTRIC VERTICAL TAKE-OFF AIR TAXI
    • 6.2.2 EVIATION OFFERS ALICE, A 9-PASSENGER ELECTRIC PROPELLER-POWERED AIRPLANE
    • 6.2.3 EXTRA AIRCRAFT'S EXTRA 330LE ELECTRIC PLANE POWERED BY SIEMENS ELECTRIC DRIVE SYSTEM
    • 6.2.4 ROLLS ROYCE'S FIRST ALL ELECTRIC AIRCRAFT COMPLETES MAIDEN FLIGHT
  • 6.3 INNOVATION & PATENT ANALYSIS
  • 6.4 IMPACT OF MEGATREND

7 ELECTRIC AIRCRAFT MARKET, BY PLATFORM

  • 7.1 INTRODUCTION
    • FIGURE 19 THE LIGHT & ULTRALIGHT SEGMENT PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
    • TABLE 7 ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2017-2020 (USD MILLION)
    • TABLE 8 ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2021-2030 (USD MILLION)
  • 7.2 REGIONAL TRANSPORT AIRCRAFT
    • 7.2.1 THE INCREASING NEED FOR COST-EFFECTIVE SHORT-HAUL AIRLINERS IS EXPECTED TO FUEL THE GROWTH OF THIS SEGMENT
  • 7.3 BUSINESS JETS
    • 7.3.1 INCREASED CORPORATE ACTIVITIES AND THE NEED FOR AIRCRAFT WITH LOW CARBON FOOTPRINTS GLOBALLY TO DRIVE THE DEMAND FOR THESE JETS
  • 7.4 LIGHT &ULTRALIGHT AIRCRAFT
    • TABLE 9 LIGHT & ULTRLIGHT AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 10 LIGHT & ULTRLIGHT ELECTRIC AIRCRAFT MARKET, BY TYPE, 2021-2030 (USD MILLION)
    • 7.4.1 GENERAL AIRCRAFT
      • 7.4.1.1 Developments in the electric propulsion of general aircraft are expected to drive this segment
    • 7.4.2 TRAINER AIRCRAFT
      • 7.4.2.1 Short takeoff and landing capability is driving the trainer aircraft segment
    • 7.4.3 UAVS
      • 7.4.3.1 Low noise footprint of electric UAVs fuel their adoption in civil and military applications
    • 7.4.4 ADVANCED AIR MOBILITY
      • 7.4.4.1 Electrical eVTOLs are used majorly in AAM applications

8 ELECTRIC AIRCRAFT MARKET, BY TYPE

  • 8.1 INTRODUCTION
    • FIGURE 20 THE HYBRID WING SEGMENT PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
    • TABLE 11 ELECTRIC AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 12 ELECTRIC AIRCRAFT MARKET, BY TYPE, 2021-2030 (USD MILLION)
  • 8.2 FIXED WING
    • 8.2.1 FIXED WING ELECTRIC AIRCRAFT ARE WITNESSING ADOPTION FOR COMMERCIAL PASSENGER TRANSPORTATION
  • 8.3 ROTARY WING
    • 8.3.1 ROTARY WING ELECTRIC AIRCRAFT ARE ADOPTED FOR URBAN AIR MOBILITY
  • 8.4 HYBRID WING
    • 8.4.1 MISSION COMPLEXITY AND CONGESTED AIR TRAFFIC ARE FUELING THE GROWTH OF HYBRID WING AIRCRAFT

9 ELECTRIC AIRCRAFT MARKET, BY SYSTEM

  • 9.1 INTRODUCTION
    • FIGURE 21 THE BATTERIES SEGMENT IS PROJECTED TO LEAD THE ELECTRIC AIRCRAFT MARKET DURING THE FORECAST PERIOD
    • TABLE 13 ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2017-2020 (USD MILLION)
    • TABLE 14 ELECTRIC AIRCRAFT MARKET, BY SYSTEM, 2021-2030 (USD MILLION)
  • 9.2 BATTERIES
    • 9.2.1 ADVANCEMENTS IN BATTERY POWER DENSITY WOULD BE THE DRIVING FACTOR FOR THIS SEGMENT
  • 9.3 ELECTRIC MOTORS
    • 9.3.1 ELECTRIC MOTORS PROVIDE BETTER POWER TO WEIGHT RATIO OF AIRCRAFT
  • 9.4 AEROSTRUCTURES
    • 9.4.1 ADVANCED AEROSTRUCTURES HELP ENHANCE AIRCRAFT PERFORMANCE, CONSERVE ENERGY, AND LOWER COSTS
  • 9.5 AVIONICS
    • 9.5.1 URBAN AIR MOBILITY AIRCRAFT ENCOURAGING ADVANCEMENTS IN AVIONICS SYSTEMS
  • 9.6 SOFTWARE
    • 9.6.1 ADVANCED SOFTWARE SYSTEMS ARE REQUIRED TO RUN COMPLICATED SYSTEMS OF URBAN AIR MOBILITY AIRCRAFT
  • 9.7 OTHERS

10 ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY

  • 10.1 INTRODUCTION
    • FIGURE 22 VTOL SEGMENT PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
    • TABLE 15 ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2017-2020 (USD MILLION)
    • TABLE 16 ELECTRIC AIRCRAFT MARKET, BY TECHNOLOGY, 2021-2030 (USD MILLION)
  • 10.2 CTOL
    • 10.2.1 INCREASING DEVELOPMENTS IN BUSINESS JET AND REGIONAL TRANSPORT AIRCRAFT WILL DRIVE THIS SEGMENT
  • 10.3 STOL
    • 10.3.1 INCREASING DEVELOPMENTS IN HYBRID WING AIRCRAFT IS EXPECTED TO FUEL THE GROWTH OF THE STOL SEGMENT
  • 10.4 VTOL
    • 10.4.1 LARGE DEPLOYMENT OF VTOL AIRCARFT FOR AIR TAXI AND EMS SERVICES WILL DRIVE THIS SEGMENT

11 ELECTRIC AIRCRAFT MARKET, BY APPLICATION

  • 11.1 INTRODUCTION
    • FIGURE 23 THE CIVIL SEGMENT PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
    • TABLE 17 ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2017-2020 (USD MILLION)
    • TABLE 18 ELECTRIC AIRCRAFT MARKET, BY APPLICATION, 2021-2030 (USD MILLION)
  • 11.2 CIVIL
    • 11.2.1 INCREASING DEVELOPMENTS IN URBAN MOBILITY APPLICATIONS WILL DRIVE THIS SEGMENT
  • 11.3 MILITARY
    • 11.3.1 THE NEED FOR LOW NOISE ISR MISSIONS WILL BOOST THE MILITARY SEGMENT

12 REGIONAL ANALYSIS

  • 12.1 INTRODUCTION
    • FIGURE 24 ELECTRIC AIRCRAFT MARKET: REGIONAL SNAPSHOT
  • 12.2 IMPACT OF COVID-19 ON THE ELECTRIC AIRCRAFT MARKET
    • TABLE 19 ELECTRIC AIRCRAFT MARKET SIZE, BY REGION, 2017-2020 (USD MILLION)
    • TABLE 20 ELECTRIC AIRCRAFT MARKET SIZE, BY REGION, 2021-2030 (USD MILLION)
  • 12.3 NORTH AMERICA
    • FIGURE 25 NORTH AMERICA ELECTRIC AIRCRAFT MARKET SNAPSHOT
    • 12.3.1 PESTLE ANALYSIS: NORTH AMERICA
    • TABLE 21 NORTH AMERICA: ELECTRIC UAV MARKET, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 22 NORTH AMERICA: ELECTRIC UAV MARKET, BY COUNTRY, 2021-2030 (USD MILLION)
    • TABLE 23 NORTH AMERICA: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2017-2020 (USD MILLION)
    • TABLE 24 NORTH AMERICA: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2021-2030 (USD MILLION)
    • TABLE 25 NORTH AMERICA: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 26 NORTH AMERICA: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2021-2030 (USD MILLION)
    • 12.3.2 US
      • 12.3.2.1 Presence of leading OEMs expected to drive the market
    • TABLE 27 US: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 28 US: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.3.3 CANADA
      • 12.3.3.1 Aircraft modernization programs expected to drive the market
    • TABLE 29 CANADA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 30 CANADA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
  • 12.4 ASIA PACIFIC
    • FIGURE 26 ASIA PACIFIC ELECTRIC AIRCRAFT MARKET SNAPSHOT
    • 12.4.1 PESTLE ANALYSIS: ASIA PACIFIC
    • TABLE 31 ASIA PACIFIC: ELECTRIC UAV MARKET, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 32 ASIA PACIFIC: ELECTRIC UAV MARKET, BY COUNTRY, 2021-2030 (USD MILLION)
    • TABLE 33 ASIA PACIFIC: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2017-2020 (USD MILLION)
    • TABLE 34 ASIA PACIFIC: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2021-2030 (USD MILLION)
    • TABLE 35 ASIA PACIFIC: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 36 ASIA PACIFIC: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2021-2030 (USD MILLION)
    • 12.4.2 CHINA
      • 12.4.2.1 Increasing demand for ecofriendly commercial aircraft to drive the market
    • TABLE 37 CHINA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 38 CHINA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.4.3 INDIA
      • 12.4.3.1 Increased spending for the modernization of armed forces is expected to drive the market
    • TABLE 39 INDIA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 40 INDIA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.4.4 JAPAN
      • 12.4.4.1 Increasing in-house development of aircraft to drive the market
    • TABLE 41 JAPAN: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 42 JAPAN: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.4.5 AUSTRALIA
      • 12.4.5.1 Increase in usage of military and commercial drones to drive the market
    • TABLE 43 AUSTRALIA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 44 AUSTRALIA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.4.6 SOUTH KOREA
      • 12.4.6.1 Modernization programs in the aviation industry expected to drive the market
    • TABLE 45 SOUTH KOREA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 46 SOUTH KOREA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.4.7 REST OF ASIA PACIFIC
      • 12.4.7.1 Increasing investment in UAM projects as well as military spending
    • TABLE 47 REST OF APAC: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 48 REST OF APAC: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
  • 12.5 EUROPE
    • FIGURE 27 EUROPE ELECTRIC AIRCRAFT MARKET SNAPSHOT
    • 12.5.1 PESTLE ANALYSIS: EUROPE
    • TABLE 49 EUROPE: ELECTRIC UAV MARKET, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 50 EUROPE: ELECTRIC UAV MARKET, BY COUNTRY, 2021-2030 (USD MILLION)
    • TABLE 51 EUROPE: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2017-2020 (USD MILLION)
    • TABLE 52 EUROPE: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2021-2030 (USD MILLION)
    • TABLE 53 EUROPE: ELECTRIC AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 54 EUROPE: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2021-203O (USD MILLION)
    • 12.5.2 UK
      • 12.5.2.1 Technological advancements in air travel to drive the market
    • TABLE 55 UK: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 56 UK: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.5.3 FRANCE
      • 12.5.3.1 Significant investments in aerospace to drive the market
    • TABLE 57 FRANCE: ELECTRIC UAVS MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 58 FRANCE: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.5.4 GERMANY
      • 12.5.4.1 Rising investments in air travel and connectivity to drive the market
    • TABLE 59 GERMANY: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 60 GERMANY: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.5.5 ITALY
      • 12.5.5.1 Projects related to energy-efficient air freight and passenger transportation will boost the regional market
    • TABLE 61 ITALY: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 62 ITALY: ELECTRIC UAVS MARKET, SUBTYPE, 2021-2030 (USD MILLION)
    • 12.5.6 RUSSIA
      • 12.5.6.1 Increase in the military budget to manufacture advanced aircraft expected to drive the market
    • TABLE 63 RUSSIA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 64 RUSSIA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.5.7 REST OF EUROPE
    • TABLE 65 REST OF EUROPE: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 66 REST OF EUROPE: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
  • 12.6 MIDDLE EAST
    • 12.6.1 PESTLE ANALYSIS: MIDDLE EAST
    • TABLE 67 MIDDLE EAST: ELECTRIC UAV MARKET, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 68 MIDDLE EAST: ELECTRIC UAV MARKET, BY COUNTRY, 2021-2030 (USD MILLION)
    • TABLE 69 MIDDLE EAST: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2017-2020 (USD MILLION)
    • TABLE 70 MIDDLE EAST: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2021-2030 (USD MILLION)
    • TABLE 71 MIDDLE EAST: ELECTRIC AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 72 MIDDLE EAST: LIGHT & ULTRALIGHT AIRCRAFT MARKET, TYPE, 2021-2030 (USD MILLION)
    • 12.6.2 ISRAEL
      • 12.6.2.1 Increased spending on R&D for UAVs for military and commercial applications to drive the market
    • TABLE 73 ISRAEL: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 74 ISRAEL: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.6.3 UAE
      • 12.6.3.1 An increase in commercial electric air taxi initiatives will drive this region
    • TABLE 75 UAE: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 76 UAE: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.6.4 SAUDI ARABIA
      • 12.6.4.1 High military expenditure expected to drive the market
    • TABLE 77 SAUDI ARABIA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 78 SAUDI ARABIA: ELECTRIC AIRCRAFT MARKET, LIGHT & ULTRALIGHT AIRCRAFT, BY UAVS, 2021-2030 (USD MILLION)
    • 12.6.5 TURKEY
      • 12.6.5.1 Increasing military spending expected to drive the market
    • TABLE 79 TURKEY: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 80 TURKEY: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.6.6 REST OF MIDDLE EAST
      • 12.6.6.1 Increasing spending in military UAVs to drive the market
    • TABLE 81 REST OF MIDDLE EAST: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 82 REST OF MIDDLE EAST: ELECTRIC UAVS MARKET, SUBTYPE, 2021-2030 (USD MILLION)
  • 12.7 LATIN AMERICA
    • 12.7.1 PESTLE ANALYSIS: LATIN AMERICA
    • TABLE 83 LATIN AMERICA: ELECTRIC UAVS MARKET, BY COUNTRY, 2017-2020 (USD MILLION)
    • TABLE 84 LATIN AMERICA: ELECTRIC UAVS MARKET, BY COUNTRY, 2021-2030 (USD MILLION)
    • TABLE 85 LATIN AMERICA: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2017-2020 (USD MILLION)
    • TABLE 86 LATIN AMERICA: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2021-2030 (USD MILLION)
    • TABLE 87 LATIN AMERICA: ELECTRIC AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 88 LATIN AMERICA: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2021-2030 (USD MILLION)
    • 12.7.2 BRAZIL
      • 12.7.2.1 Brail to witness air taxi services by Airbus for intercity and intracity travel to reduce travel time
    • TABLE 89 BRAZIL: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 90 BRAZIL: ELECTRIC UAVS MARKET, BY SUBTYPE, 2021-2030 (USD MILLION)
    • 12.7.3 MEXICO
      • 12.7.3.1 Presence of renowned OEMs lay the foundation for more efficient and sustainable city travel
    • TABLE 91 MEXICO: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 92 MEXICO: ELECTRIC UAVS MARKET, SUBTYPE, 2021-2030 (USD MILLION)
    • 12.7.4 REST OF LATIN AMERICA
    • TABLE 93 REST OF LATIN AMERICA: ELECTRIC UAVS MARKET, BY SUBTYPE, 2017-2020 (USD MILLION)
    • TABLE 94 REST OF LATIN AMERICA: ELECTRIC UAVS MARKET, 2021-2030 (USD MILLION)
  • 12.8 AFRICA
    • TABLE 95 AFRICA: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2017-2020 (USD MILLION)
    • TABLE 96 AFRICA: ELECTRIC AIRCRAFT MARKET, BY PLATFORM, 2021-2026 (USD MILLION)
    • TABLE 97 AFRICA: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2017-2020 (USD MILLION)
    • TABLE 98 AFRICA: LIGHT & ULTRALIGHT AIRCRAFT MARKET, BY TYPE, 2021-2030 (USD MILLION)

13 COMPETITIVE LANDSCAPE

  • 13.1 INTRODUCTION
  • 13.2 MARKET SHARE ANALYSIS, 2020
    • TABLE 99 DEGREE OF COMPETITION
    • FIGURE 28 MARKET SHARE OF TOP PLAYERS IN THE ELECTRIC AIRCRAFT MARKET, 2019 (%)
  • 13.3 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS
  • 13.4 COMPANY EVALUATION QUADRANT
    • 13.4.1 STAR
    • 13.4.2 EMERGING LEADER
    • 13.4.3 PERVASIVE
    • 13.4.4 PARTICIPANT
    • FIGURE 29 ELECTRIC AIRCRAFT MARKET COMPETITIVE LEADERSHIP MAPPING, 2020
  • 13.5 STARTUPS/SME EVALUATION QUADRANT
    • 13.5.1 PROGRESSIVE COMPANIES
    • 13.5.2 RESPONSIVE COMPANIES
    • 13.5.3 DYNAMIC COMPANIES
    • 13.5.4 STARTING BLOCKS
    • FIGURE 30 AIRCRAFT ELECTRIC MARKET STARTUPS/SME COMPETITIVE LEADERSHIP MAPPING, 2020
    • TABLE 100 COMPANY PRODUCT FOOTPRINT
    • TABLE 101 COMPANY APPLICATION FOOTPRINT
    • TABLE 102 COMPANY RANGE FOOTPRINT
    • TABLE 103 COMPANY SUB-SYSTEM FOOTPRINT
    • TABLE 104 COMPANY REGION FOOTPRINT
  • 13.6 COMPETITIVE SCENARIO
    • 13.6.1 DEALS
    • TABLE 105 DEALS, 2017-2021
    • 13.6.2 PRODUCT LAUNCHES
    • TABLE 106 PRODUCT LAUNCHES, 2017-2021
    • 13.6.3 OTHERS
    • TABLE 107 OTHERS, 2017-2021

14 COMPANY PROFILES

  • (Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)**
  • 14.1 KEY PLAYERS
    • 14.1.1 AIRBUS SE
    • TABLE 108 AIRBUS SE: BUSINESS OVERVIEW
    • FIGURE 31 AIRBUS SE.: COMPANY SNAPSHOT
    • TABLE 109 AIRBUS SE.: DEALS
    • 14.1.2 ELBIT SYSTEMS LTD.
    • TABLE 110 ELBIT SYSTEMS LTD.: BUSINESS OVERVIEW
    • FIGURE 32 ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
    • TABLE 111 ELBIT SYSTEMS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 112 ELBIT SYSTEMS LTD.: NEW PRODUCT DEVELOPMENTS
    • TABLE 113 ELBIT SYSTEMS LTD.: DEALS
    • 14.1.3 AEROVIRONMENT, INC.
    • TABLE 114 AEROVIRONMENT, INC.: BUSINESS OVERVIEW
    • FIGURE 33 AEROVIRONMENT, INC.: COMPANY SNAPSHOT
    • TABLE 115 AEROVIRONMENT, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 116 AEROVIRONMENT, INC.: DEALS
    • 14.1.4 ECA GROUP
    • TABLE 117 ECA GROUP: BUSINESS OVERVIEW
    • FIGURE 34 ECA GROUP: COMPANY SNAPSHOT
    • TABLE 118 ECA GROUP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 14.1.5 EHANG HOLDINGS LTD.
    • TABLE 119 EHANG HOLDINGS LTD.: BUSINESS OVERVIEW
    • FIGURE 35 EHANG HOLDINGS LTD.: COMPANY SNAPSHOT
    • TABLE 120 EHANG HOLDINGS LTD. PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 14.1.6 ISRAEL AEROSPACE INDUSTRIES
    • TABLE 121 ISRAEL AEROSPACE INDUSTRIES: BUSINESS OVERVIEW
    • FIGURE 36 ISRAEL AEROSPACE INDUSTRIES.: COMPANY SNAPSHOT
    • TABLE 122 ISRAEL AEROSPACE INDUSTRIES PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 14.1.7 EMBRAER SA
    • TABLE 123 EMBRAER SA: BUSINESS OVERVIEW
    • FIGURE 37 EMBRAER SA: COMPANY SNAPSHOT
    • TABLE 124 EMBRAER SA PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 125 EMBRAER SA: DEALS
    • 14.1.8 PIPISTREL
    • TABLE 126 PIPISTREL: BUSINESS OVERVIEW
    • TABLE 127 PIPISTREL PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 128 PIPISTREL: DEALS
    • 14.1.9 EVIATION AIRCRAFT
    • TABLE 129 EVIATION AIRCRAFT: BUSINESS OVERVIEW
    • TABLE 130 EVIATION AIRCRAFT PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 131 EVIATION AIRCRAFT: DEALS
    • 14.1.10 LILIUM GMBH
    • TABLE 132 LILIUM GMBH: BUSINESS OVERVIEW
    • TABLE 133 LILIUM GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 134 LILIUM GMBH: DEALS
    • 14.1.11 JOBY AVIATION, INC
    • TABLE 135 JOBY AVIATION, INC: BUSINESS OVERVIEW
    • TABLE 136 JOBY AVIATION, INC PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 137 JOBY AVIATION, INC: DEALS
    • 14.1.12 ARCHER AVIATION INC.
    • TABLE 138 ARCHER AVIATION INC.: BUSINESS OVERVIEW
    • TABLE 139 ARCHER AVIATION INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 140 ARCHER AVIATION INC.: DEALS
    • 14.1.13 VOLOCOPTER GMBH
    • TABLE 141 VOLOCOPTER GMBH: BUSINESS OVERVIEW
    • TABLE 142 VOLOCOPTER GMBH PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 143 VOLOCOPTER GMBH.: DEALS
    • 14.1.14 SZ DJI TECHNOLOGY CO., LTD.
    • TABLE 144 SZ DJI TECHNOLOGY CO., LTD.: BUSINESS OVERVIEW
    • TABLE 145 SZ DJI TECHNOLOGY CO., LTD. PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • 14.1.15 YUNEEC INTERNATIONAL
    • TABLE 146 YUNEEC INTERNATIONAL: BUSINESS OVERVIEW
    • TABLE 147 YUNEEC INTERNATIONAL PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 148 YUNEEC INTERNATIONAL DEALS
    • 14.1.16 AURORA FLIGHT SCIENCES
    • TABLE 149 AURORA FLIGHT SCIENCES: BUSINESS OVERVIEW
    • TABLE 150 AURORA FLIGHT SCIENCES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 151 AURORA FLIGHT SCIENCES: DEALS
    • 14.1.17 VERTICAL AEROSPACE GROUP LTD.
    • TABLE 152 VERTICAL AEROSPACE GROUP LTD.: BUSINESS OVERVIEW
    • TABLE 153 VERTICAL AEROSPACE GROUP LTD. PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 154 VERTICAL AEROSPACE GROUP LTD. DEALS
    • 14.1.18 HEART AEROSPACE
    • TABLE 155 HEART AEROSPACE: BUSINESS OVERVIEW
    • TABLE 156 HEART AEROSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
    • TABLE 157 HEART AEROSPACE DEALS
  • 14.2 OTHER PLAYERS
    • 14.2.1 WRIGHT ELECTRIC, INC
    • 14.2.2 BYE AEROSPACE
    • 14.2.3 BETA TECHNOLOGIES
    • 14.2.4 DELOREAN AEROSPACE
    • 14.2.5 ELECTRIC AIRCRAFT CORPORATION
    • 14.2.6 EXTRA AIRCRAFT
    • 14.2.7 WISK AERO LLC.
  • *Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

15 APPENDIX

  • 15.1 DISCUSSION GUIDE
  • 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 15.3 AVAILABLE CUSTOMIZATION
  • 15.4 RELATED REPORTS
  • 15.5 AUTHOR DETAILS