Electric & Hybrid Aircraft Propulsion Systems: Global Market Analysis 2019-2023 - Electravia, Elektra Solar, GE Aviation, Pipistrel, and Siemens are Dominating

DUBLIN, Nov 14, 2018 /PRNewswire/ --

The "Global Electric & Hybrid Aircraft Propulsion System Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global electric and hybrid aircraft propulsion system market is projected to grow at a CAGR of 6.83% during the period 2019-2023.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is growing demand for light and ultralight electric aircraft. The global electric and hybrid aircraft propulsion system market expanded at a gradual rate until recently. In 2013, the Volocopter VC-200 made its maiden flight in Germany, and by the fourth quarter of 2017, it received clearance from the UAE Roads and Transport Authority to operate as an Autonomous Air Taxi in Dubai.

According to the report, one driver in the market is innovative programs in the electric and hybrid aircraft propulsion system market. The GA segment is the driving sector for electric aircraft as manufacturers generally prefer light aircraft for testing purposes. Due to innovative programs such as Urban Air Taxi deploying very light jets for urban mobility. developments in this segment are focused on providing services within a range of about 31 miles.

Further, the report states that one challenge in the market is limitations of existing battery technology. The electric aircraft is generally overhyped as the design concepts of aerospace companies have low conversion rates on application as working commercial models. Aflight requires significant amounts of energy and achieving k is difficult due to technological limitations of the battery industry.

Key Vendors

• Electravia
• Elektra Solar
• GE Aviation
• Pipistrel
• Siemens

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

• Market segmentation by technology
• Comparison by technology
• Hybrid powertrain - Market size and forecast 2018-2023
• All-electric powertrain - Market size and forecast 2018-2023
• Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• EMEA - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Electravia
• Elektra Solar
• GE Aviation
• Pipistrel
• Siemens

For more information about this report visit https://www.researchandmarkets.com/research/48rbmc/electric_and?w=5

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SOURCE Research and Markets