9:28 AM Electric Aircraft Market to experience an impressive growth of 5.2% during 2020-2025 |
| Electric Aircraft Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more. Electric Aircraft Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Financially viable cost of possession of electric aircraft and their merits over traditional aircraft are underpinning the growth of the global electric aircraft market. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/737/electric-aircraft-market.html Or Read the summary of the report here: https://www.stratviewresearch.com/737/electric-aircraft-market.html Electric Aircraft Market Segment Insights: By Aircraft Type: The ultralight aircraft segment dominated the market in 2018, and is expected to maintain its dominance during the forecast period as well. The possession of ultralight aircraft is economically viable owing to its simplistic design and building. With the rise in fuel prices, the demand for ultralight aircraft is expected to pace up the demand for various training purposes during the forecast period. By Component Type: The others segment comprises electric-ducted fans and power electronics. Power electronics are employed to power all crucial aircraft mechanisms, such as environmental control systems, flight control actuation, utility functions, and cabin pressurization, which were traditionally commanded by hydraulic and pneumatic means. Electric-ducted fans apply multiple propeller blades fixed to a single electric motor in an aircraft. By Technology Type: The all-electric aircraft segment is expected to lead the market in the coming five years. The trend for all-electric aircraft is estimated to increase over the coming five years as aircraft OEMs are teaming up with their suppliers to design new systems that will hybridize conventional propulsion systems and implement new electrical-intensive designs. By Region: Europe dominated the electric aircraft market in 2018, and is expected to continue its dominance during the forecast period as well. The market is led by the aircraft and its component industry in Europe, which is focusing to adopt new advanced materials, such as gamma-titanium aluminides and single crystals, which offer enhanced mechanical properties. These high-tech engines help aircraft minimize their fuel consumptions, carbon emissions and noise, among a host of such other factors. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/737/electric-aircraft-market.html Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. Based on the research, a proper report is crafted with the following key features: •
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