PUBLISHER: Aviation & Defense Market Reports (A&D) | PRODUCT CODE: 1296971
PUBLISHER: Aviation & Defense Market Reports (A&D) | PRODUCT CODE: 1296971
Global Electric Aircraft Market
After decades of study and development, electric airplanes are finally finding practical uses. Electric airplanes outperform traditional jet-engine airplanes in terms of response time. Less noise, greater crosswind handling, and the ability to generate differential thrust are one of the key advantages of electric aircraft. All contemporary electric aircraft are propeller-driven. In an electric aircraft, the propeller provides thrust due to airfoil movement.
This propeller is powered by an electric motor. Axial flux motors power all modern electric airplanes. To start a jet engine, we must rotate the main shaft of the engine through an air turbine starter, after which fuel is burned to speed up the propeller. Electric motor-powered airplanes, on the other hand, do not require any assistance to start.
The motor in an electric aircraft is directly connected to the propeller, with no transmission in between. However, a transmission is required between the engine and the propeller in a fuel-burning airplane. This was made possible since it is relatively simple to expand the diameter of the rotor in an axial flux motor without increasing its weight.
The greater the diameter of a rotor, the more torque it can produce; however, such a diameter increase is not achievable with radial motors because diameter increases make them bulky and heavy. As a result, axial flux motors are the best choice for electric aircraft. The capacity to generate differential thrust is the most significant advantage of electric airplanes. When one propeller spins faster than the other, the airplane produces differential thrust.
Because it is more difficult to manage the engine speed in jet engine airplanes, the net torque produced can yaw the airplane. This interesting differential thrust function comes in handy in one particularly difficult flying condition: crosswinds during landing. The wind has a tremendous impact when landing because the airplane has a low speed or momentum in the situation. Normal jet engine planes handle this using ailerons and a rudder; with electric planes, differential thrust plays a significant part in crosswind landing scenarios; electric planes can employ both differential propulsion and surface controls to balance the airplane.
The battery in an electric airplane is distributed throughout the fuselage area by a robust battery management system. The goal of the BMS is to ensure the optimal use of the energy existing in the battery. The BMS protects the battery against overloading, overcharging, and undercharging while also extending the battery cell's life. Electric airplanes are great for short journeys and courier services due to their low noise and low maintenance.
Major factors driving Electric Aircraft Market Growth:
Electric aircraft can help to reduce air pollution. Electric planes do not emit harmful gases such as CO2 that combustion engines emit. An electric plane can fly with electricity from batteries, fuel cells, solar cells, and so on. In an electric plane, only a small portion of the energy is converted into heat in an electric motor, giving an electric plane less resistance to hot air on engine performance and making electric planes faster than combustion engine planes. Electric blades are quieter than combustion engine blades. These are some of the major market trends that drive the growth of the market.
Trends influencing the Electric-Aircraft Market Size:
Battery technology, BMS, and electric motor technology such as axial flux motors are some of the major market trends that will influence the growth of the market. Axial flux motors have thinner but bigger rotors than normal radial motors, which spin alongside the stator rather than inside it. For the same permanent magnet and copper winding provision, the wider radius provides better torque density.
Numerous actively maintained independent liquid cooling systems with multiple coolant pumps are required to manage the temperature of the battery packs and motors. Each cell in the battery pack requires both voltage and temperature sensors. This strong sensor array not only enables the thermal management system but also serves as a safety device, informing the pilot of the battery's health.
Electric-Aircraft Market Forecast & Dynamics:
Increasing demand for low-cost short-range aircraft is in demand for short-range trips and package delivery in the civilian sector. Electric aircraft in the defense sector is driven by demand for electric aircraft in pilot training applications due to the cost-benefit that they provide when compared to conventional basic trainer aircraft.
The market forecast includes a comprehensive market analysis and market size. The market analysis includes regional market size, drivers, restraints, and opportunities. The regional analysis also includes country-wise market size.
Electric Aircraft Market Analysis for Recent Developments:
Amid a technology war with China, the Pentagon is preparing to field its first electric aircraft. After decades of rising military aircraft development costs, Agility Prime is an experiment to investigate if the Pentagon can benefit from cheaper, off-the-shelf, advanced commercial technology. The military plans to use eVTOLs in utility missions to transport people and freight far from airstrips at a lower cost than traditional helicopters. They may also be handy for slipping personnel behind enemy lines and conducting rescue operations because they are quiet. Agility Prime's 15 participants include piloted eVTOL pioneers Joby Aviation and Beta Technologies, as well as entrepreneurs creating cargo drones Elroy Air and Talyn.
Table of Contents
Electric Aircraft Market Report Definition
Electric Aircraft Market Segmentation
- By Region
- By End User
Electric Aircraft Market Analysis for next 10 Years
- The 10-year electric aircraft market analysis would give a detailed overview of electric aircraft market growth, changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.
Market Technologies of Electric Aircraft Market
- This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.
Global Electric Aircraft Market Forecast
- The 10-year electric aircraft market forecast of this market is covered in detailed across the segments which are mentioned above.
Regional Electric Aircraft Market Trends & Forecast
- The regional electric aircraft market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking. The current market size is estimated based on the normal scenario.
- North America
- Drivers, Restraints and Challenges
- PEST
- Market Forecast & Scenario Analysis
- Key Companies
- Supplier Tier Landscape
- Company Benchmarking
- Europe
- Middle East
- APAC
- South America
Country Analysis of Electric Aircraft Market
- This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.
- US
- Defense Programs
- Latest News
- Patents
- Current levels of technology maturation in this market
- Market Forecast & Scenario Analysis
- Canada
- Italy
- France
- Germany
- Netherlands
- Belgium
- Spain
- Sweden
- Greece
- Australia
- South Africa
- India
- China
- Russia
- South Korea
- Japan
- Malaysia
- Singapore
- Brazil
Opportunity Matrix for Electric Aircraft Market
The opportunity matrix helps the readers understand the high opportunity segments in this market.
Expert Opinions on Electric Aircraft Market Report
Hear from our experts their opinion of the possible analysis for this market.
Conclusions
About Aviation and Defense Market Reports
List of Tables
- Table 1: 10 Year Market Outlook, 2023-2033
- Table 2: Drivers, Impact Analysis, North America
- Table 3: Restraints, Impact Analysis, North America
- Table 4: Challenges, Impact Analysis, North America
- Table 5: Drivers, Impact Analysis, Europe
- Table 6: Restraints, Impact Analysis, Europe
- Table 7: Challenges, Impact Analysis, Europe
- Table 8: Drivers, Impact Analysis, Middle East
- Table 9: Restraints, Impact Analysis, Middle East
- Table 10: Challenges, Impact Analysis, Middle East
- Table 11: Drivers, Impact Analysis, APAC
- Table 12: Restraints, Impact Analysis, APAC
- Table 13: Challenges, Impact Analysis, APAC
- Table 14: Drivers, Impact Analysis, South America
- Table 15: Restraints, Impact Analysis, South America
- Table 16: Challenges, Impact Analysis, South America
- Table 17: Scenario Analysis, Scenario 1, By Region, 2023-2033
- Table 18: Scenario Analysis, Scenario 1, By Type, 2023-2033
- Table 19: Scenario Analysis, Scenario 1, By Range, 2023-2033
- Table 20: Scenario Analysis, Scenario 2, By Region, 2023-2033
- Table 21: Scenario Analysis, Scenario 2, By Type, 2023-2033
- Table 22: Scenario Analysis, Scenario 2, By Range, 2023-2033
List of Figures
- Figure 1: Global Electric Aircraft Market Forecast, 2023-2033
- Figure 2: Global Electric Aircraft Market Forecast, By Region, 2023-2033
- Figure 3: Global Electric Aircraft Market Forecast, By Type, 2023-2033
- Figure 4: Global Electric Aircraft Market Forecast, By Range, 2023-2033
- Figure 5: North America, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 6: Europe, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 7: Middle East, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 8: APAC, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 9: South America, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 10: United States, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 11: United States, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 12: Canada, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 13: Canada, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 14: Italy, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 15: Italy, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 16: France, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 17: France, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 18: Germany, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 19: Germany, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 20: Netherlands, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 21: Netherlands, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 22: Belgium, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 23: Belgium, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 24: Spain, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 25: Spain, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 26: Sweden, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 27: Sweden, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 28: Brazil, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 29: Brazil, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 30: Australia, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 31: Australia, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 32: India, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 33: India, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 34: China, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 35: China, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 36: Saudi Arabia, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 37: Saudi Arabia, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 38: South Korea, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 39: South Korea, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 40: Japan, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 41: Japan, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 42: Malaysia, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 43: Malaysia, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 44: Singapore, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 45: Singapore, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 46: United Kingdom, Electric Aircraft Market, Technology Maturation, 2023-2033
- Figure 47: United Kingdom, Electric Aircraft Market, Market Forecast, 2023-2033
- Figure 48: Opportunity Analysis, Electric Aircraft Market, By Region (Cumulative Market), 2023-2033
- Figure 49: Opportunity Analysis, Electric Aircraft Market, By Region (CAGR), 2023-2033
- Figure 50: Opportunity Analysis, Electric Aircraft Market, By Type (Cumulative Market), 2023-2033
- Figure 51: Opportunity Analysis, Electric Aircraft Market, By Type (CAGR), 2023-2033
- Figure 52: Opportunity Analysis, Electric Aircraft Market, By Range (Cumulative Market), 2023-2033
- Figure 53: Opportunity Analysis, Electric Aircraft Market, By Range (CAGR), 2023-2033
- Figure 54: Scenario Analysis, Electric Aircraft Market, Cumulative Market, 2023-2033
- Figure 55: Scenario Analysis, Electric Aircraft Market, Global Market, 2023-2033
- Figure 56: Scenario 1, Electric Aircraft Market, Total Market, 2023-2033
- Figure 57: Scenario 1, Electric Aircraft Market, By Region, 2023-2033
- Figure 58: Scenario 1, Electric Aircraft Market, By Type, 2023-2033
- Figure 59: Scenario 1, Electric Aircraft Market, By Range, 2023-2033
- Figure 60: Scenario 2, Electric Aircraft Market, Total Market, 2023-2033
- Figure 61: Scenario 2, Electric Aircraft Market, By Region, 2023-2033
- Figure 62: Scenario 2, Electric Aircraft Market, By Type, 2023-2033
- Figure 63: Scenario 2, Electric Aircraft Market, By Range, 2023-2033
- Figure 64: Company Benchmark, Electric Aircraft Market, 2023-2033
