Hybrid Electric Jet Market, By Type (Ultralight Aircraft and Light Jets), By End User (Military and Commercial), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
The market for aircraft using a mix of electric and traditional jet propulsion systems is referred to as the hybrid electric jet market. While still having the range and speed needed for commercial air travel, these hybrid electric jets are made to be more fuel-efficient, environmentally friendly, and quieter than conventional jet aircraft.
Market Dynamics:
Global aviation in 2021 generated about 720 million tons of carbon dioxide, according to the International Energy Agency (IEA). More than 2% of the CO2 emissions caused by humans worldwide are produced by the aviation industry. The Market being driven by advances in battery technology, electric motor technology, and other key technologies that are required to make hybrid electric aircraft viable. These are just a few of the key market dynamics that are shaping the hybrid electric jet market. The hybrid electric jet market is also being driven by government regulations and incentives as policymakers worldwide work to cut emissions and promote sustainability. The demand for hybrid electric aircraft is also being driven by rising worries about climate change and the environmental effects of air travel. These planes will likely use less fuel and emit fewer pollutants than current models, making air travel with them more environmentally friendly. Despite being predicted to be more fuel-efficient than conventional aircraft, hybrid electric aircraft may cost more to produce and run. Cost factors are therefore a crucial market factor that will affect the uptake of hybrid electric aircrafts. As more businesses and startups work to create hybrid electric aircraft designs, the hybrid electric jet market is becoming more competitive. Hybrid electric aircraft development and production costs are being driven down by this competition, which also encourages innovation.
Key features of the study:
This report provides in-depth analysis of the Global Hybrid Electric Jet Market and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Global Hybrid Electric Jet Market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Pipistrel Group, Airbus, Bye Aerospace, Aerospace Limited, Yuneec Holding Limited, Leonardo S.p.A., Faradair Aerospace Limited, Boeing, Digisky S.R.L., Groupe Gorge, Eve Air Mobility, Joby Aviation, Vertical Aerospace, and Lilium N.V., others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The Global Hybrid Electric Jet Market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Hybrid Electric Jet Market
Detailed Segmentation:
Global Hybrid Electric Jet Market, By Type
Ultralight Aircraft
Light Jets
Global Hybrid Electric Jet Market, By Type, By End User
Military
Commercial
Global Hybrid Electric Jet Market, By Type, By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles:
Pipistrel Group
Airbus
Bye Aerospace
Aerospace Limited
Yuneec Holding Limited
Leonardo S.p.A.
Faradair Aerospace Limited
Boeing, Digisky S.R.L
Groupe Gorge
Eve Air Mobility
Joby Aviation
Vertical Aerospace
Lilium N.V.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Snapshot Market, By Type
- Snapshot Market, By End User
- Snapshot Market, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Decrease in the green gas emissions.
- Restraints
- High Costs & Poor Infrastructure
- Battery Constraint for Electric Aircraft
- Opportunities
- Increasing Logistics Application
- Emergence of Futuristic Air Mobility
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Hybrid Electric Jet Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Hybrid Electric Jet Market, By Type, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Ultralight Aircraft
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Light Jets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 6. Global Hybrid Electric Jet Market, By End User, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Military
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- 7. Global Hybrid Electric Jet Market , By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- U.K.
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- GCC Countries
- South Africa
- Rest of MEA
- 8. Competitive Landscape
- Pipistrel Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Airbus
- Bye Aerospace
- Aerospace Limited
- Yuneec Holding Limited
- Leonardo S.p.A
- Faradair Aerospace Limited
- Boeing
- Digisky S.R.L
- Groupe Gorge
- Eve Air Mobility
- Joby Aviation
- Vertical Aerospace
- Lilium N.V
- Analyst Views
- 9. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Hybrid Electric Jet Market” - Global forecast to 2030
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