Report Scope & Overview:

Electric Aircraft Market Size was valued at USD 9.44 billion in 2022 and is expected to reach USD 29.10 billion by 2030, and grow at a CAGR of 15.1% over the forecast period 2023-2030.

The market for electric aircraft is expanding, as OEM airlines understand the potential benefits of design, such as increased environmental efficiency, reduced support costs, and improved reliability through the use of modern power electronics and slow-moving air components in engine installation. Additional short-range electric aircraft are expected to operate in local transportation in the coming years. More electric aircraft can prove military demand in the coming years, thanks to the ability to maintain these aircraft given self-control in their quiet operation. The same applies to military UAVs, which are acquired through ISR operations.

Electric Aircraft Market Revenue Analysis



  • Environment pollution control.

  • Carbon-dioxide emissions.

  • electric aircraft


  • Low energy density of batteries.

  • Time Consuming

  • Lack of skills


  • zero-emission aircraft's

  • Electric aircraft

  • Heavy  logistics


  • High cost

  • Labour

  • Hardware

  • Technology


The COVID-19 pandemic has mostly impacted the electric aircraft industry. Many more electric aircraft market businesses were forced to halt production due to international border closures and air travel restrictions. This pause in commercial activity has a direct impact on the earnings of the increasingly electric aircraft industry. Despite the fact that some enterprises continued to operate, delays in raw material deliveries and a limited stock of manufactured items covered the creation and reduced capacity utilization rates.

The aviation industry's short-term outlook will ultimately be determined by how quickly governments quell the flare-up and how beneficial their efforts are. Postponements in aircraft conveyances and cancellations of current requests have had a significant impact on aircraft manufacturers worldwide.


The worldwide electric aircraft market's competitive landscape is concentrated, with a few key competitors competing at the global and regional levels. Product development and strategic partnerships are being pursued by key companies in order to extend their individual product portfolios and achieve a strong foothold in the global market. Airbus, Yuneec Holding Limited, Pipistrel Group, Bye Aerospace, Digisky S.R.L, Leonardo S.p.A., Groupe Gorgé, EHang Holdings Limited, Faradair Aerospace Limited, and Boeing are among the market's major players.


By System

  • Batteries

  • Electric Motors

  • Aerostructures

  • Avionics

  • Software

  • Others

By Platform

  • Regional Transport Aircraft

  • Business Jets

  • Light & Ultralight Aircraft

By Application

  • Civil

  • Military

By Technology

  • CTOL

  • STOL

  • VTOL

By Type

  • Fixed Wing

  • Rotary Wing

  • Hybrid Wing

Electric Aircraft Market Segmentation Analysis


the European airline holds the largest share of revenue by 2021. The region quickly adopted advanced materials, such as gamma-titanium aluminide. This value enhances mechanical transformation features and reduces fuel consumption, carbon emissions, and noise levels. The presence of a number of key market players, as well as their increasing investment in research and development activities, is driving the growth of the commercial aviation market in various regions. Regulatory bodies, such as the European Union Aviation Safety Agency, have focused on reducing air pollution levels, and this has encouraged market growth in the European region. The economic conditions of the people in this region are better compared to other regions, therefore, they can afford short-distance electric aircraft. The market in North America is expected to grow at a significant rate during the forecast period. In the North American region, electric aircraft are increasingly being distributed by urban airflow, and this feature is expected to further market growth in the region. Many environmentalists travel short distances by electric aircraft and this furthers the demand for the product. The presence of a few key market players and their growing investment in research and development activities are factors that drive the growth of the aviation market in the Asia Pacific region. The growing growth in the aviation industry is encouraging the demand for electric aircraft in countries such as India. In addition, China and Japan are expected to play a significant role in revenue growth in the Asia Pacific region.


North America

  • USA

  • Canada

  • Mexico


  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe


  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

Electric Aircraft Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 9.44 Billion
Market Size by 2030 US$ 29.10 Billion
CAGR CAGR of 15.1% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By System (Batteries, Electric Motors, Aerostructures, Avionics, Software, Others)
• By Platform (Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft)
• By Application (Civil, Military)
• By Technology (CTOL, STOL, VTOL)
• By Type (Fixed Wing, Rotary Wing, Hybrid Wing)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Airbus, Yuneec Holding Limited, Pipistrel Group, Bye Aerospace, Digisky S.R.L, Leonardo S.p.A., Groupe Gorgé, EHang Holdings Limited, Faradair Aerospace Limited, and Boeing are among the market's major players.
Key Drivers • Environment pollution control.
• Carbon-dioxide emissions.
RESTRAINTS • zero-emission aircraft's
• Electric aircraft

Frequently Asked Questions

Zero emission aircraft's and Electric aircraft and Heavy  logistics

Low energy density of batteries and Time Consuming and Lack of skills

The COVID-19 pandemic has mostly impacted the more electric aircraft industry. Many more electric aircraft market businesses were forced to halt production due to international border closures and air travel restrictions. This pause in commercial activity has a direct impact on the earnings of the increasingly electric aircraft industry.

Environment pollution control and Carbon-dioxide emissions and electric aircraft

Yes, this report cover top down , bottom up Quantitative Research. Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s  Analytical research, And other as per report requirement.

Table of Contents


1. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions


2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges


4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World


5. Value Chain Analysis


6. Porter’s 5 forces model


7.  PEST Analysis


8. Electric Aircraft Market, By System

8.1 Batteries

8.2 Electric Motors

8.3 Aero structures

8.4 Avionics

8.5 Software

8.6 Others


9. Electric Aircraft Market, By Platform

9.1 Regional Transport Aircraft

9.2 Business Jets

9.3 Light & Ultralight Aircraft


10. Electric Aircraft Market, By Application

10.1 Civil

10.2 Military


11. Electric Aircraft Market, By Technology

11.1 CTOL

11.2 STOL

11.3 VTOL


12. Electric Aircraft Market, By Type

12.1 Fixed Wing

12.2 Rotary Wing

12.3 Hybrid Wing


13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2    Canada

13.2.3    Mexico

13.3    Europe

13.3.1    Germany

13.3.2    UK

13.3.3    France

13.3.4    Italy

13.3.5    Spain

13.3.6    The Netherlands

13.3.7    Rest of Europe

13.4    Asia-Pacific

13.4.1    Japan

13.4.2    South Korea

13.4.3    China

13.4.4    India

13.4.5    Australia

13.4.6    Rest of Asia-Pacific

13.5    The Middle East & Africa

13.5.1    Israel

13.5.2    UAE

13.5.3    South Africa

13.5.4    Rest

13.6    Latin America

13.6.1    Brazil

13.6.2    Argentina

13.6.3    Rest of Latin America


14. Company Profiles


14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view








14.9 Liebherr-international AG



15. Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments


16. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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Primary Research

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Data Bank Validation

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