Electric Aircraft Industry Analysis and Data Statistics Outlook by 2023

1
According to the new market research report the
Electric Aircraft Market is projected to grow
from 99.3 Million in 2018 to 121.8 Million by
2023, at a CAGR of 4.17 from 2018 to 2023. Low
cost of ownership of electric aircraft and
advantages of electric aircraft traditional
aircraft are driving the market. The electric
aircraft market has been segmented based on
aircraft type, component, technology, range, and
region. Download PDF Brochure _at_ https//www.market
sandmarkets.com/pdfdownloadNew.asp?id52646445
range, the less km segment is
Based on than 500 projected electric
to lead the
aircraft market
during the forecast period Based on the range,
the less than 500 km segment is expected to
lead the electric aircraft market during the
forecast period. Aircraft can achieve higher
range with the introduction of advanced and
high capacity batteries in the market. As a
result, the electric aircraft with increased
range were launched for commercial use. The
ultralight electric aircraft available in the
market mostly have range from 0 to 500 km. These
aircraft are used for recreational and training
purposes. Based on component, the battery segment
of the electric aircraft market is projected to
witness the highest growth during the forecast
period Based on component, the battery segment of
the electric aircraft market is projected to
witness the highest growth during the forecast
period. Batteries and other storage devices can
be installed in the primary structure of the
electric aircraft most electric powered
aircraft use lithium-ion batteries. These
batteries are economic and can be scaled to
build larger systems of several hundred kWh
energys capacity. The Europe region is expected
to lead the electric aircraft market during the
forecast period from 2018 to 2023 The Europe
region is expected to lead the electric aircraft
market during the forecast period. The aircraft
industry in Europe is aiming to use new advanced
materials, such as gamma-titanium aluminides and
single crystals, with improved mechanical
properties, these advanced engines help aircraft
reduce its fuel consumption, carbon emissions,
and noise pollution.
2
Key Market Players Major companies profiled in
the electric aircraft market report are PC Aero
(Germany), Pipistrel (Italy), Lilium (Germany),
Alisport SRL (Italy), and Schempp- Hirth
(Germany). Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id52646445 About MarketsandMarkets Mark
etsandMarkets provides quantified B2B research
on 30,000 high growth niche opportunities/threats
which will impact 70 to 80 of worldwide
companies revenues. Currently servicing 7500
customers worldwide including 80 of global
Fortune 1000 companies as clients. Almost 75,000
top officers across eight industries worldwide
approach MarketsandMarkets for their painpoints
around revenues decisions. MarketsandMarketss
flagship competitive intelligence and market
research platform, "Knowledgestore" connects
over 200,000 markets and entire value chains for
deeper understanding of the unmet insights along
with market sizing and forecasts of niche
markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441