Electric and Hybrid Aircraft Propulsion System Market 2019-2023
- Published: Nov 2018
- Pages: 105
- SKU: IRTNTR30195
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Technavio’s market research analysts have predicted that the electric and hybrid aircraft propulsion system market will register a CAGR of close to 7% by 2023. This industry research report presents a detailed analysis of the electric and hybrid aircraft propulsion system market by technology such as: hybrid powertrain and all-electric powertrain. The report also presents an analysis of the market’s growth across the Americas, APAC, and EMEA.
Global Electric and Hybrid Aircraft Propulsion System Industry Overview
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. Foreseeing a very lucrative market, many players have ventured into manufacturing electric aircraft and associated technologies and have made significant strides on this front. Several electric aircraft are expected for commercial launch shortly. Lilium is working on a 5-seater taxi for urban mobility to be ready for commercial rollout by 2019. DeLorean Aerospace DR-7, an actual VTOL flying car, is due for its maiden flight in 2019. Such features attract a large customer base willing to spend money to experience environment-friendly, cheaper, and potentially safer flights. Thus, the growing demand for light and ultralight electric aircraft will drive the electric and hybrid aircraft propulsion system market growth during the forecast period.
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The hybrid aircraft propulsion system market is fragmented since the market has a number of companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this hybrid aircraft propulsion system industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of hybrid aircraft propulsion system manufacturers including:
- Elektra Solar
- GE Aviation
Hybrid aircraft propulsion system market growth based on geographic region:
With a complete study of the growth opportunities for the companies across the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in EMEA will contribute to the maximum growth of this hybrid aircraft propulsion system market throughout the predicted period.
Hybrid aircraft propulsion system market growth based on technology
- Hybrid powertrain
- All-electric powertrain
According to our market research experts, the hybrid powertrain segment will account for the highest growth and share of the market. Additionally, the report also provides an accurate prediction of the contribution of the various technology segments to the growth of the hybrid aircraft propulsion system market size.
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Key highlights of the global hybrid aircraft propulsion system market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the hybrid aircraft propulsion system market during the next five years
- Precise estimation of the global hybrid aircraft propulsion system market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the hybrid aircraft propulsion system industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of hybrid aircraft propulsion system companies
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global hybrid aircraft propulsion system market and its stakeholders over the forecast years. The global hybrid aircraft propulsion system market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact hybrid aircraft propulsion system market size till 2023.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
- Market 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 LANDSCAPE
- Geographic 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 CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Elektra Solar
- GE Aviation
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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