Global Electric & Hybrid Aircraft Propulsion System Market (2019-2023) by Technology and Region - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 14, 2018--The “Global Electric & Hybrid Aircraft Propulsion System Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The global electric and hybrid aircraft propulsion system market is projected to grow at a CAGR of 6.83% during the period 2019-2023.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing demand for light and ultralight electric aircraft. The global electric and hybrid aircraft propulsion system market expanded at a gradual rate until recently. In 2013, the Volocopter VC-200 made its maiden flight in Germany, and by the fourth quarter of 2017, it received clearance from the UAE Roads and Transport Authority to operate as an Autonomous Air Taxi in Dubai.
According to the report, one driver in the market is innovative programs in the electric and hybrid aircraft propulsion system market. The GA segment is the driving sector for electric aircraft as manufacturers generally prefer light aircraft for testing purposes. Due to innovative programs such as Urban Air Taxi deploying very light jets for urban mobility. developments in this segment are focused on providing services within a range of about 31 miles.
Further, the report states that one challenge in the market is limitations of existing battery technology. The electric aircraft is generally overhyped as the design concepts of aerospace companies have low conversion rates on application as working commercial models. Aflight requires significant amounts of energy and achieving it is difficult due to technological limitations of the battery industry.
Key VendorsElectravia Elektra Solar GE Aviation Pipistrel Siemens
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket ecosystem Market characteristics Market segmentation analysis
PART 04: MARKET SIZINGMarket definition Market sizing 2018 Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGYMarket segmentation by technology Comparison by technology Hybrid powertrain - Market size and forecast 2018-2023 All-electric powertrain - Market size and forecast 2018-2023 Market opportunity by technology
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic segmentation Geographic comparison EMEA - Market size and forecast 2018-2023 Americas - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGESMarket drivers Market challenges
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPEOverview Landscape disruption Competitive scenario
PART 13: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors Electravia Elektra Solar GE Aviation Pipistrel Siemens
For more information about this report visit https://www.researchandmarkets.com/research/wzn7gz/global_electric?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181114005615/en/
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INDUSTRY KEYWORD: TRANSPORT AIR MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/14/2018 10:40 AM/DISC: 11/14/2018 10:40 AM