The 2023-2028 World Outlook for Electric Aircraft

The 2023-2028 World Outlook for Electric Aircraft

This study covers the world outlook for electric aircraft across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of electric aircraft as including all commonly understood products and/or services falling within this broad category, such as solvent and water-borne, high solid, and powder coatings and coatings used within the automotive and transportation, wood and furniture, industrial, textile, construction, and electrical and electronic industries, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Airbus, Airspacex (Detroit Aircraft Corporation), Alatus Ukraine, Alisport, Aurora, Boeing, Bombardier, Bye Aerospace, Cessna Aircraft (Textron Aviation), Delorean Aerospace, Digisky, Electravia, Electric Aircraft, Elektra Solar, Embraer, Evektor, Eviation Aircraft, Flying motorcycle Samson Motorworks, Greenwing, Hamilton Aero, Honeywell International, Joby Aviation, Lilium, PC Aero, Pipistrel, Poweroasis, Raytheon, Safran SA, Schempp-Hirth, Siemens, Synergy Aircraft, Thales Group, United Technologies, Volta Volare, Wright Electric, Yuneec International, Zee Aero, Zodiac Aerospace, and Zunum Aero. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).