{"id":643269,"date":"2023-03-20T17:58:01","date_gmt":"2023-03-20T17:58:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=643269"},"modified":"2023-03-20T17:58:01","modified_gmt":"2023-03-20T17:58:01","slug":"electric-aircraft-market-worth-372-billion-in-2030-at-a-cagr-of-198","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/electric-aircraft-market-worth-372-billion-in-2030-at-a-cagr-of-198_643269.html","title":{"rendered":"Electric Aircraft Market worth $37.2 billion in 2030, at a CAGR of 19.8%"},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\">\n<div><a href=\"https:\/\/www.abnewswire.com\/uploads\/1679311010.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Electric Aircraft Market worth $37.2 billion in 2030, at a CAGR of 19.8%\" src=\"https:\/\/www.abnewswire.com\/uploads\/1679311010.jpeg\" alt=\"Electric Aircraft Market worth $37.2 billion in 2030, at a CAGR of 19.8%\" width=\"225\" height=\"225\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/div>\n<div class=\"quotes\">\n<div>Electric Aircraft Market<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">The Electric Aircraft Market is expected reach USD 37.2 billion in 2030 from USD 8.8 billion in 2022 growing at a CAGR of 19.8%<\/div>\n<p style=\"text-align: justify;\">The report &#8220;<strong><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/electric-aircraft-market-52646445.html\">Electric Aircraft Market <\/a>by platform (Regional Transport Aircraft, Business Jets, Light &amp; Ultralight Aircraft), Type, System (Batteries, Electric Motors, Aerostructures, Avionics, Software), Technology, Application and Region &#8211; Forecast to 2030<\/strong>&#8221; The Electric Aircraft market is expected to grow from USD 8.8 billion in 2022 to USD 37.2 billion in 2030, at a CAGR of 19.8% during the forecast period. The need for alternate transportation solutions that are sustainable and low emission is driving the demand for the market.<\/p>\n<p style=\"text-align: justify;\"><strong>&bull; Informational PDF Brochure :- <a href=\"https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=52646445&amp;utm_source=ABnewswire&amp;utm_medium=Referral\">https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=52646445<\/a><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><em>Browse 163 market data Tables and&nbsp;50 Figures spread through&nbsp;270 Pages and in-depth TOC on&nbsp;<\/em><\/strong><strong>&#8220;Electric Aircraft Market by Platform, Technology, Application and Region &#8211; Forecast to 2030&#8221;<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>View detailed Table of Content here<\/strong>&nbsp;&#8211;<a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/electric-aircraft-market-52646445.html\"><strong>https:\/\/www.marketsandmarkets.com\/Market-Reports\/electric-aircraft-market-52646445.html<\/strong><\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/electric-aircraft-market-52646445.html\" target=\"_blank\"><strong><img decoding=\"async\" title=\"Electric Aircraft Market Forecast to 2030\" src=\"https:\/\/www.marketsandmarkets.com\/Images\/electric-aircraft-market15.jpg\" alt=\"Electric Aircraft Market\" \/><\/strong><\/a><\/p>\n<p style=\"text-align: justify;\"><strong>The light and ultralight aircraft segment is estimated to lead the electric aircraft market in the forecast period<\/strong><\/p>\n<p style=\"text-align: justify;\">Based on platform, the light and ultralight aircraft segment is estimated to lead the electric aircraft market during the forecast period. Developments are majorly being made in the light aircraft segments while larger aircraft that cover regional transportation and business jets are expected introduction in late 2026 and early 2027.<\/p>\n<p style=\"text-align: justify;\"><strong>VTOL segment is expected to have largest market share during the forecast period<\/strong><\/p>\n<p style=\"text-align: justify;\">Based on technology, VTOL segment is expected to have largest market share during the forecast period. Most rotary wing UAVs are electric in nature. Even in the developments for AAM eVTOLs are the primary focus of designing. Companies like Joby (US), Volocopter (Germany) and Ehang (China) are all developing eVTOL aircraft.<\/p>\n<p style=\"text-align: justify;\"><strong>North American Region is expected to witness the largest market share in the forecast period<\/strong><\/p>\n<p style=\"text-align: justify;\">North America Region is witnessing the largest market share among all the regions. European countries like US and Canada, are investing in advancing the technologies in their transportation. US has the largest electric aircraft OEMs as well as are the early adopters and implementers of electric aircraft ecosystem across the regions.<\/p>\n<p style=\"text-align: justify;\">Major players operating in the electric aircraft market include Airbus SE (France), Eve Air Mobility (Brazil), Joby Aviation (US), Vertical Aerospace (UK), and Lilium N.V. (Germany) among others. These key players offer electric aircraft and services to different key stakeholders.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.marketsandmarkets.com\/speaktoanalystNew.asp?id=52646445\"><strong>Don&rsquo;t miss out on business opportunities in Electric Aircraft Market. Speak to our analyst and gain crucial industry insighs that will help your businessgrow.<\/strong><\/a><\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/marketsandmarkets.com_17712.html\" rel=\"nofollow\">MarketsandMarkets\u2122 Research Private Ltd.<\/a><br \/><strong>Contact Person:<\/strong> Mr. Aashish Mehra<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=electric-aircraft-market-worth-372-billion-in-2030-at-a-cagr-of-198\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 18886006441<br \/><strong>Address:<\/strong>630 Dundee Road  Suite 430<br \/><strong>City:<\/strong> Northbrook<br \/><strong>State:<\/strong> IL 60062<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/electric-aircraft-market-52646445.html\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.marketsandmarkets.com\/Market-Reports\/electric-aircraft-market-52646445.html<\/a><\/p>\n<p><object type=\"text\/html\" data=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/electric-aircraft-market-52646445.html\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=electric-aircraft-market-worth-372-billion-in-2030-at-a-cagr-of-198\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric Aircraft Market The Electric Aircraft Market is expected reach USD 37.2 billion in 2030 from USD 8.8 billion in 2022 growing at a CAGR of 19.8% The report &#8220;Electric Aircraft Market by platform (Regional Transport Aircraft, Business Jets, Light &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/electric-aircraft-market-worth-372-billion-in-2030-at-a-cagr-of-198_643269.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[435,411,403,404,416],"tags":[],"class_list":["post-643269","post","type-post","status-publish","format-standard","hentry","category-Europe","category-Technology","category-UK","category-US","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/643269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=643269"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/643269\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=643269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=643269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=643269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}