Electric Aircraft Market
Global Industry Analysis and Forecast 2023-2030
Pages : 120
Base Year : 2022
Release Year : May 2024
Format :
Report ID: KR 169
Base Year
2022
Forecast Year
2023-2030
Historical Years
2018-2021
Market Value (2022)
USD 8.84 Billion
Forecasted Value (2030)
USD 31.24 Billion
CAGR (2023 – 2030)
15.06%
Fastest Growing Region (2023 - 2030)
Europe
Largest Region
North America
By Platform
Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft
By Component
Batteries, Electric Motors, Aero Structures, Avionics, Others
By Power Density
Less Than 500 km, More Than 500km
By End-User
Commercial, Military
TABLE OF CONTENT
1 INTRODUCTION OF THE GLOBAL ELECTRIC AIRCRAFT MARKET
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach
4 GLOBAL ELECTRIC AIRCRAFT MARKET OUTLOOK
4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter’s Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis
5 IMPACT OF RUSSIA-UKRAINE WAR
6 GLOBAL ELECTRIC AIRCRAFT MARKET, BY PLATFORM
6.1 Overview
6.2 Regional Transport Aircraft
6.3 Business Jets
6.4 Light & Ultralight Aircraft
7 GLOBAL ELECTRIC AIRCRAFT MARKET, BY COMPONENT
7.1 Overview
7.2 Batteries
7.3 Electric Motors
7.4 Aero Structures
7.5 Avionics
7.6 Others
8 GLOBAL ELECTRIC AIRCRAFT MARKET, BY POWER DENSITY
8.1 Overview
8.2 Less Than 500 km
8.3 More Than 500km
9 GLOBAL ELECTRIC AIRCRAFT MARKET, BY END-USER
9.1 Overview
9.2 Commercial
9.3 Military
10 GLOBAL ELECTRIC AIRCRAFT MARKET, BY GEOGRAPHY
10.1 Overview
11 NORTH AMERICA
11.1 U.S.
11.2 Canada
11.3 Mexico
12 EUROPE
12.1 Germany
12.2 U.K.
12.3 France
12.4 Italy
12.5 Spain
12.6 Russia
12.7 Rest of Europe
13 ASIA PACIFIC
13.1 China
13.2 Japan
13.3 India
13.4 South Korea
13.5 Rest of Asia Pacific
14 MIDDLE EAST & AFRICA
14.1 GCC
14.2 South Africa
14.3 North Africa
14.4 Rest of Middle East & Africa
15 LATIN AMERICA
15.1 Brazil
15.2 Argentina
15.3 Rest of Latin America
16 GLOBAL ELECTRIC AIRCRAFT MARKET COMPETITIVE LANDSCAPE
16.1 Overview
16.2 Key Developments
16.3 Key Strategic Developments
16.4 Company Market Ranking
16.5 Regional Footprint
16.6 Industry Footprint
17 COMPANY PROFILES
17.1 American Airlines
17.1.1 Key Facts
17.1.2 Financial Overview
17.1.3 Product Benchmarking
17.1.4 Recent Developments
17.1.5 Winning Imperatives
17.1.6 Current Focus & Strategies
17.1.7 Threat from competition
17.1.8 SWOT Analysis
17.2 Collins Aerospace
17.2.1 Key Facts
17.2.2 Financial Overview
17.2.3 Product Benchmarking
17.2.4 Recent Developments
17.2.5 Winning Imperatives
17.2.6 Current Focus & Strategies
17.2.7 Threat from competition
17.2.8 SWOT Analysis
17.3 Leonardo S.p.A.
17.3.1 Key Facts
17.3.2 Financial Overview
17.3.3 Product Benchmarking
17.3.4 Recent Developments
17.3.5 Winning Imperatives
17.3.6 Current Focus & Strategies
17.3.7 Threat from competition
17.3.8 SWOT Analysis
17.4 Scandinavian Airlines (SAS)
17.4.1 Key Facts
17.4.2 Financial Overview
17.4.3 Product Benchmarking
17.4.4 Recent Developments
17.4.5 Winning Imperatives
17.4.6 Current Focus & Strategies
17.4.7 Threat from competition
17.4.8 SWOT Analysis
17.5 Yuneec
17.5.1 Key Facts
17.5.2 Financial Overview
17.5.3 Product Benchmarking
17.5.4 Recent Developments
17.5.5 Winning Imperatives
17.5.6 Current Focus & Strategies
17.5.7 Threat from competition
17.5.8 SWOT Analysis
17.6 BAE Systems
17.6.1 Key Facts
17.6.2 Financial Overview
17.6.3 Product Benchmarking
17.6.4 Recent Developments
17.7 AIRBUS
17.7.1 Key Facts
17.7.2 Financial Overview
17.7.3 Product Benchmarking
17.7.4 Recent Developments
17.8 ARCHER AVIATION INC.
17.8.1 Key Facts
17.8.2 Financial Overview
17.8.3 Product Benchmarking
17.8.4 Recent Developments
17.9 GENERAL ELECTRIC
17.9.1 Key Facts
17.9.2 Financial Overview
17.9.3 Product Benchmarking
17.9.4 Recent Developments
17.10 PARKER HANNIFIN CORP
17.10.1 Key Facts
17.10.2 Financial Overview
17.10.3 Product Benchmarking
17.10.4 Recent Developments
LIST OF TABLES
TABLE 1 Global Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 2 Global Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 3 Global Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 4 Global Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 5 Global Electric Aircraft Market Revenue, By Geography, 2020 – 2030 (USD Billion)
TABLE 6 North America Electric Aircraft Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 7 North America Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 8 North America Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 9 North America Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 10 North America Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 11 US Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 12 US Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 13 US Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 14 US Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 15 Canada Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 16 Canada Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 17 Canada Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 18 Canada Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 19 Mexico Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 20 Mexico Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 21 Mexico Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 22 Mexico Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 23 Europe Electric Aircraft Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 24 Europe Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 25 Europe Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 26 Europe Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 27 Europe Electric Aircraft Market Revenue, By End-User 2020 – 2030 (USD Billion)
TABLE 28 Germany Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 29 Germany Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 30 Germany Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 31 Germany Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 32 France Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 33 France Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 34 France Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 35 France Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 36 U.K. Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 37 U.K. Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 38 U.K. Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 39 U.K. Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 40 Spain Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 41 Spain Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 42 Spain Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 43 Spain Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 44 Italy Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 45 Italy Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 46 Italy Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 47 Italy Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 48 Russia Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 49 Russia Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 50 Russia Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 51 Russia Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 52 Rest of Europe Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 53 Rest of Europe Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 54 Rest of Europe Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 55 Asia-Pacific Electric Aircraft Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 56 Asia-Pacific Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 57 Asia-Pacific Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 58 Asia-Pacific Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 59 Asia-Pacific Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 60 China Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 61 China Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 62 China Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 63 China Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 64 Japan Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 65 Japan Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 66 Japan Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 67 Japan Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 68 India Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 69 India Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 70 India Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 71 India Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 72 South Korea Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 73 South Korea Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 74 South Korea Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 75 South Korea Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 76 Rest of Asia-Pacific Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 77 Rest of Asia-Pacific Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 78 Rest of Asia-Pacific Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 79 Rest of Asia-Pacific Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 80 Middle East and Africa Electric Aircraft Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 81 Middle East and Africa Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 82 Middle East and Africa Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 83 Middle East and Africa Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 84 Middle East and Africa Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 85 GCC Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 86 GCC Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 87 GCC Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 88 GCC Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 89 North Africa Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 90 North Africa Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 91 North Africa Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 92 North Africa Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 93 South Africa Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 94 South Africa Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 95 South Africa Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 96 South Africa Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 97 Rest of Middle East & Africa Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 98 Rest of Middle East & Africa Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 99 Rest of Middle East & Africa Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 100 Rest of Middle East & Africa Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 101 Latin America Electric Aircraft Market Revenue, By Country, 2020 – 2030 (USD Billion)
TABLE 102 Latin America Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 103 Latin America Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 104 Latin America Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 105 Latin America Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 106 Brazil Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 107 Brazil Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 108 Brazil Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 109 Brazil Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 110 Argentina Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 111 Argentina Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 112 Argentina Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 113 Argentina Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 114 Rest of Latin America Electric Aircraft Market Revenue, By Platform, 2020 – 2030 (USD Billion)
TABLE 115 Rest of Latin America Electric Aircraft Market Revenue, By Component, 2020 – 2030 (USD Billion)
TABLE 116 Rest of Latin America Electric Aircraft Market Revenue, By Power Density, 2020 – 2030 (USD Billion)
TABLE 117 Rest of Latin America Electric Aircraft Market Revenue, By End-User, 2020 – 2030 (USD Billion)
TABLE 118 Company Market Ranking
TABLE 119 Regional Footprint
TABLE 120 Component Benchmarking
TABLE 121 Recent Developments
TABLE 122 Winning Imperatives
LIST OF FIGURES
FIG. 1 Market Segmentation
FIG. 2 Research Timeline
FIG. 3 Global Electric Aircraft Market 2020-2030 (USD Billion)
FIG. 4 Global Electric Aircraft Market Geographical Analysis (CAGR %)
FIG. 5 Global Electric Aircraft Absolute Market Opportunity (USD Billion)
FIG. 6 Global Electric Aircraft Market Attractiveness (USD Billion)
FIG. 7 Global Electric Aircraft Market, By Platform, 2020-2030 (USD Billion)
FIG. 8 Global Electric Aircraft Market, By Component, 2020-2030 (USD Billion)
FIG. 9 Global Electric Aircraft Market, By Power Density, 2020-2030 (USD Billion)
FIG. 10 Global Electric Aircraft Market, By End-User, 2020-2030 (USD Billion)
FIG. 11 Research Methodology
FIG. 12 Research Process
FIG. 13 Bottom-Up Approach
FIG. 14 Top-Bottom Approach
FIG. 15 Market Dynamics Overview
FIG. 16 Porter's Five Forces Analysis
FIG. 17 Value Chain Analysis
FIG. 18 Macroeconomic Analysis
FIG. 19 Global Electric Aircraft Market Revenue Share, By Platform, 2020 and 2030 (%)
FIG. 20 Global Electric Aircraft Market Revenue Share, By Component, 2020 and 2030 (%)
FIG. 21 Global Electric Aircraft Market Revenue Share, By Power Density, 2020 and 2030 (%)
FIG. 22 Global Electric Aircraft Market Revenue Share, By End-User, 2020 and 2030 (%)
FIG. 23 Global Electric Aircraft Market Revenue Share, By Geographic Regions, 2020 and 2030 (%)
FIG. 24 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 25 North America Electric Aircraft Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 26 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 27 Europe Electric Aircraft Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 28 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 29 Asia-Pacific Electric Aircraft Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 30 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 31 Middle East & Africa Electric Aircraft Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 32 Market Size and Projections, 2020 - 2030 (USD Billion)
FIG. 33 Latin America Electric Aircraft Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 34 Key Strategic Development
FIG. 35 Key Facts
FIG. 36 Financial Overview
FIG. 37 SWOT Analysis
CHOOSE LICENCE TYPE
Frequently Asked Questions (FAQ's)
The global market is projected to reach USD 31.24 billion by 2030, growing at a CAGR of 15.06 % from 2023 to 2030.
The global market was valued at USD 8.84 billion in 2022.
The global market is growing at a significant rate owing to the advances and innovations in electronic aircraft technology and development of electric vertical take-off and landing (eVTOL) and unmanned aerial vehicles (UAV).
Top manufacturers of electric aircraft market are American Airlines, Collins Aerospace, Leonardo S.p.A., Scandinavian Airlines (SAS), Yuneec, BAE Systems, AIRBUS, ARCHER AVIATION INC., GENERAL ELECTRIC, PARKER HANNIFIN CORP, and others.
Europe is expected to be the fastest growing region over the forecast period (2023-2030).
By component, electric motors will hold the maximum share in the electric aircraft market with the revenue value by 2030.