PUBLISHER: Allied Market Research | PRODUCT CODE: 1538921
PUBLISHER: Allied Market Research | PRODUCT CODE: 1538921
Regional Transport Aircraft in the hybrid aircraft market refers to aircraft designed specifically for short to medium-haul routes, connecting regions and cities. These aircraft are tailored to accommodate the demand for efficient and sustainable regional air transportation. Hybrid commuter aircraft types are gaining popularity as configurations using integrated electric fans for takeoff/climb assist show strong fuel efficiency benefits for regional trips. Series hybrid architectures allow right-sizing gas turbine more closely to cruise needs rather than peak power levels. Lower noise signatures also reduce airport community impacts. Carriers operating regional airport connections are likely earliest adopters given compelling operating cost reductions from hybridization.
In addition, development of regional hybrid aircraft has increased owing to its sustainable transport offering. For instance, in November 2022, Eco Caravan from Ampaire, a nine-seat regional aircraft, successfully completed its first flight equipped with a fully integrated hybrid-electric propulsion system. Ampaire aims for this aircraft to become the first electrified regional aircraft to enter commercial service, with certification expected in 2024. The Eco Caravan is a part of a series of larger Ampaire hybrid-electric aircraft, which contribute to the transition of industry toward sustainable aviation. Such instances further contribute to the growth of the market.
Advanced Air Mobility (AAM) in the hybrid aircraft market pertains to a transformative category of aircraft designed for vertical takeoff and landing (VTOL), providing urban and regional air transportation solutions. Hybrid technology integration in AAM vehicles aims to enable sustainable and efficient aerial mobility, revolutionizing urban transportation and alleviating congestion challenges.
AAM vehicles, designed for vertical takeoff and landing (VTOL), are being developed with hybrid propulsion systems to address the challenges of urban congestion. There is a focus on electric vertical takeoff and landing (eVTOL) concepts, showcasing the potential for transformative aerial mobility in urban environments.
The growth of hybrid technology in AAM is driven by the global push towards sustainable and efficient urban transportation. As cities grapple with congestion and environmental concerns, AAM emerges as a viable solution. Hybrid propulsion systems, offering a balance between efficiency and power, play a pivotal role in the growth of the AAM segment.
The hybrid aircraft market is segmented on the basis of aircraft type, mode of operation, lift technology, and region. On the basis of aircraft type, the market is divided into regional transport aircraft, business jets and light aircrafts, and UAVs & AAM. On the basis of mode of operation, the market is classified into piloted, and autonomous. On the basis of lift technology, the market is categorized into conventional takeoff and landing, short takeoff and landing, and vertical takeoff and landing. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading companies profiled in the report include Airbus, Embraer S.A., Safran S.A., General Electric, Raytheon Technologies Corporation, Ampaire Inc., Pipistrel, Rolls-Royce plc, Heart Aerospace, and Faradair Aerospace.
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