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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.
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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.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
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.
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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.
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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. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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