Electric Aircraft - Global Strategic Business Report

Global Electric Aircraft Market to Reach $34.2 Billion by 2030

The global market for Electric Aircraft estimated at US$11.8 Billion in the year 2022, is projected to reach a revised size of US$34.2 Billion by 2030, growing at a CAGR of 14.3% over the analysis period 2022-2030. Light & Ultralight Aircrafts, one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$31.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Business Jets segment is readjusted to a revised 13.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 13.6% CAGR

The Electric Aircraft market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.9 Billion by the year 2030 trailing a CAGR of 13.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.6% and 12.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.

Select Competitors (Total 46 Featured) -

• Alisport Srl
• Elektra Solar GmbH
• Lilium GmbH
• Pipistrel d.o.o.
• Schempp-Hirth Flugzeug-Vertriebs GmbH

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