Global Electric Aircraft Market is Estimated to Reach $14.87 Million

   2019-10-09       16        Business
Rating :
Global Electric Aircraft Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025

Global report published by Accurize Market Research forecast that the global market is expected to reach $14.87 Million by 2025; growing at a CAGR of 7.47% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.


Request Sample:


 


Benefits of electric aircraft compared to traditional aircraft to drive the global market


Reduces aircraft noise and gas emissions, benefits of electric aircraft compared to traditional aircraft, and lower cost of ownership of electric aircraft are the global electric aircraft market trend. However, the necessity for the development of high-density battery solutions for electric aircraft is the restraint of the global electric aircraft market growth. Moreover, the electrification of large commercial jets is expected to open up new growth opportunities over the coming years.


Market Segmentation


Type, component, technology, power density, and geography are the classifications of the global electric aircraft market. The aircraft type is categorized into a light jet and ultralight aircraft. The component segment comprises an electric motor, battery, and other components. By technology, the market includes hybrid and all-electric. By power density, the market is separated into more than 500 KM, and less than 500 KM.


North America, Europe, Asia-Pacific and the Rest of the world (RoW) are the geographical segments of the market. North America is further bifurcated into countries namely; U.S., Canada, and Mexico. Europe covers countries like Russia, the U.K., Germany, France, Italy and the Rest of Europe. Asia-Pacific countries include China, India, Japan, South Korea and Rest of Asia Pacific. The rest of the World (RoW) covers South America, Africa, and the Middle East.


"Ultralight accounted for the largest market share in the aircraft type segment", says Accurize


On the basis of aircraft type, ultralight aircraft segment is expected to achieve the fastest growth throughout the forecast period i.e. 2017 – 2025. The high growth in the segment is attributed to the simplistic design and construction of these aircraft. Moreover, the high demand for ultralight aircraft is anticipated to increase for training purposes. All-electric segments occupied the largest electric aircraft market share during the forecast period, as the aircraft OEMs collaborate with their suppliers to design new systems that implement new electrical-intensive architectures.


"E"
"

Author Signature :


Writer, Researcher, Digital marketer, Working in a market research firm


Random Articles

Hospitality course in Chandigarh
Hospitality course in Chandigarh..
   2019-04-29       80        Education
Benefits of fatty fish
Benefits of fatty fish..
   2019-10-25       12        Health
 What is IVF Treatment and When Should You Go for It
What is IVF Treatment and When Should You Go..
   2019-12-10       16        Health
5 Secrets only Face Reading by Astrology can tell!
5 Secrets only Face Reading by Astrology can ..
   2019-10-28       14        Services
dermatologist in jaipur  - hospitto
dermatologist in jaipur - hospitto..
   2019-08-29       64        Health
Attorney Rivera - Your Legal Assistant
Attorney Rivera - Your Legal Assistant..
   2020-01-21       23        Law
Global Cognac Oil Market Opportunities and Forecasts by 2025
Global Cognac Oil Market Opportunities and Fo..
   2019-06-20       76        Business
List of Best Junk and Cache Cleaners for Android
List of Best Junk and Cache Cleaners for Andr..
   2019-11-29       13        Computer
Latest laptop price in Pakistan
Latest laptop price in Pakistan..
   2020-01-25       17        Shopping
ABOUT US

Some quick example text to build on the card title and make up the bulk of the card's content Some quick example text to build on the card title and make up the bulk of the card's content Some quick example text to build on the card title and make up the bulk of the card's content.

TOP AUTHORS
Thomas Shaw
thomasshaw9688@gmail.com
Total Posts : 6762
Simon Jhon
simonhomeworkhelp1@gmail.com
Total Posts : 1195