Global Electric Aircraft Market 2024-2028

Global Electric Aircraft Market 2024-2028


Global Electric Aircraft Market 2024-2028

The electric aircraft market is forecasted to grow by USD 7199.1 mn during 2023-2028, accelerating at a CAGR of 14.76% during the forecast period. The report on the electric aircraft market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing requirement for clean and quiet aircraft, performance benefits over conventional power aircraft, and combined expertise expected to generate rapid results.

Technavio's electric aircraft market is segmented as below:
  • By Technology
  • Hybrid
  • All electric
  • By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the use of advanced techniques for aircraft construction as one of the prime reasons driving the electric aircraft market growth during the next few years. Also, advent of electric vertical takeoff and landing and monitoring battery health will lead to sizable demand in the market.

The report on the electric aircraft market covers the following areas:
  • Electric aircraft market sizing
  • Electric aircraft market forecast
  • Electric aircraft market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric aircraft market vendors that include Airbus SE, Bye Aerospace, DBT Aero Inc., Delorean Aerospace LLC, DIGISKY srl, E-PROPS, Equator Aircraft AS, Evektor spol sro, Eviation Aircraft, Gust Inc., Joby Aviation Inc., Lilium GmbH, PIPISTREL doo, Schempp-Hirth Flugzeug-Vertriebs GmbH, Siemens AG, The Boeing Co., Volta Volare, Watt Flight, Wright Electric, and Zunum Aero. Also, the electric aircraft market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Electric Aircraft Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Electric Aircraft Market 2018 - 2022 ($ million)
    • Technology segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Technology
    • Market segments
      • Table Data Table on Technology - Market share 2023-2028 (%)
    • Comparison by Technology
      • Table Data Table on Comparison by Technology
    • Hybrid - Market size and forecast 2023-2028
      • Table Data Table on Hybrid - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Hybrid - Year-over-year growth 2023-2028 (%)
    • All electric - Market size and forecast 2023-2028
      • Table Data Table on All electric - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on All electric - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Technology
      • Table Data Table on Market opportunity by Technology ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • APAC - Market size and forecast 2023-2028
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023-2028
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Increasing requirement for clean and quiet aircraft
      • Performance benefits over conventional power aircraft
      • Combined expertise expected to generate rapid results
    • Market challenges
      • Limitations of existing battery technology
      • Relatively immature technologies
      • Operating power and heat management challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Use of advanced techniques for aircraft construction
      • Advent of electric vertical takeoff and landing
      • Monitoring battery health
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • Airbus SE
    • Bye Aerospace
    • Delorean Aerospace LLC
    • DIGISKY srl
    • Evektor spol sro
    • Gust Inc.
    • Lilium GmbH
    • PIPISTREL doo
    • The Boeing Co.
    • Wright Electric
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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