Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- Based on the aircraft type, the electric aircraft market has been segmented into ultralight aircraft and light jet. The ultralight aircraft segment is expected to lead the electric aircraft market in 2018. The ownership of ultralight aircraft is cost-effective due to the simplistic design and construction of these aircraft. With the increase in fuel prices, the demand for ultralight aircraft is expected to increase for training purposes.
Low cost of ownership of electric aircraft and advantages of electric aircraft traditional aircraft are driving the electric aircraft market. The electric aircraft market has been segmented based on aircraft type, component, technology, range, and region.

Based on the component, the electric aircraft market has been segmented into battery, electric motor, and others. The others segment include electric ducted fans and power electronics. Power electronics are used to power all crucial aircraft components, including flight control actuation, environmental control systems, utility functions, and cabin pressurization, which were conventionally controlled by hydraulic and pneumatic means. Electric ducted fans use multiple propeller blades attached to a single electric motor in an aircraft.

The global Electric Aircraft market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of 4.9% during 2019-2025.

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This report focuses on Electric Aircraft volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Aircraft market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Zunum Aero

Yuneec International

PC Aero

Pipistrel

Eviation Aircraft

Lilium

Alisport SRL

Schempp-Hirth

Bye Aerospace

Digisky

Electric Aircraft

Volta Volare

Hamilton Aero

Electravia

Wright Electric

Aurora (A Boeing Company)

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Hybrid

All Electric

Segment by Application

Ultralight Aircraft

Light Jet

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