The light electric aircraft market share is expected to increase by USD 2.88 billion from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 31.04%.
This light electric aircraft market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (manned light electric aircraft and unmanned light electric aircraft) and geography (North America, Europe, APAC, and ROW). The light electric aircraft market report also offers information on several market vendors, including Airbus SE, AMETEK Inc., Amphenol Corp., Astronics Corp., BAE Systems Plc, Honeywell International Inc., Meggitt Plc, Safran SA, Thales Group, and The Boeing Co. among others.
What will the Light Electric Aircraft Market Size be in 2021?
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Light Electric Aircraft Market: Key Drivers and Trends
The increasing requirement for clean and quiet aircraft is notably driving the light electric aircraft market growth, although factors such as the development of high-energy-density batteries may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the light electric aircraft industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
This light electric aircraft market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Light Electric Aircraft Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Airbus SE
- AMETEK Inc.
- Amphenol Corp.
- Astronics Corp.
- BAE Systems Plc
- Honeywell International Inc.
- Meggitt Plc
- Safran SA
- Thales Group
- The Boeing Co.
This statistical study of the light electric aircraft market encompasses successful business strategies deployed by the key vendors. The light electric aircraft market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The light electric aircraft market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Light Electric Aircraft Market?
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45% of the market’s growth will originate from Europe during the forecast period. Germany, France, and the UK are the key markets for light electric aircraft in Europe. Market growth in this region will be faster than the growth of the market in the North American and ROW regions.
This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Type Segments in the Light Electric Aircraft Market?
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The light electric aircraft market share growth by the manned light electric aircraft segment will be significant during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the light electric aircraft market size and actionable market insights on post COVID-19 impact on each segment.
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Light Electric Aircraft Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 31.04% |
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Market growth 2021-2025 |
$ 2.88 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
22.52 |
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Regional analysis |
North America, Europe, APAC, and ROW |
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Performing market contribution |
Europe at 45% |
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Key consumer countries |
US, Germany, France, UK, and China |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Companies profiled |
Airbus SE, AMETEK Inc., Amphenol Corp., Astronics Corp., BAE Systems Plc, Honeywell International Inc., Meggitt Plc, Safran SA, Thales Group, and The Boeing Co. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this Light Electric Aircraft Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive light electric aircraft market growth during the next five years
- Precise estimation of the light electric aircraft market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the light electric aircraft industry across North America, Europe, APAC, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of light electric aircraft market vendors
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