Enjoy complimentary customisation on priority with our Enterprise License!
The electric aircraft market size is forecast to increase by USD 7.20 billion, at a CAGR of 14.76% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for clean and quiet aviation solutions. This trend is being fueled by growing environmental concerns and the need for more sustainable transportation options. Additionally, the use of advanced techniques for aircraft construction, such as lightweight materials and aerodynamic design, is enabling the development of more efficient electric aircraft. However, the market faces challenges, including the limitations of existing battery technology, which hinders the range and payload capacity of electric aircraft. To address this, research and development efforts are focused on improving battery technology and exploring alternative energy sources, such as hydrogen fuel cells, to extend the range and capabilities of electric aircraft. Overall, the market is poised for growth as it addresses the need for sustainable and quiet aviation solutions while overcoming the challenges of battery technology.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.