Electric And Hybrid Aircraft Propulsion System Market to grow by USD 12.1 Mn by 2026, Evolving Opportunities with Airbus SE., General Electric Co., Honeywell International Inc.- Technavio


120 Pages report segments the electric and hybrid aircraft propulsion system market by
Technology (Hybrid powertrain and All-electric powertrain) and Geography (Europe,
North America, APAC, Middle East and Africa, and South America)

NEW YORK, Nov. 8, 2022 /PRNewswire/ — Technavio’s latest report on the electric and hybrid aircraft propulsion system market projects a growth of USD 12.1 million. The market will decelerate at a CAGR of 5.03% with Y-O-Y growth of 5.56%46% of the market growth will originate from Europe.

Technavio has announced its latest market research report titled Global Electric and Hybrid Aircraft Propulsion System Market 2022-2026

Technavio has announced its latest market research report titled Global Electric and Hybrid Aircraft Propulsion System Market 2022-2026

The Technology segment will generate maximum revenue in the electric and hybrid aircraft propulsion system market. In terms of geography, Europe will present significant opportunities for market vendors due to the factors such as increased collaboration between some of the most prominent global players. Get a Free Sample Report Delivered Instantly

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Electric And Hybrid Aircraft Propulsion System Market: Major Growth Dynamics

The electric and hybrid aircraft propulsion system market growth is expected to be driven by the following factors:

  • Growing demand for light and ultralight electric aircraft

  • High contributions from startups toward the development of electric aircraft

  • Performance benefits over conventional power aircraft

One of the main market trends driving the growth of the electric and hybrid aircraft propulsion system market is the employment of innovative techniques for aircraft construction. The aircraft manufacturing business aims to make airplanes lighter overall while retaining or even increasing their maximum load-carrying capability. Thus, the primary reason airplane makers choose lightweight composites is the necessity to design and create high-performance aircraft within a weight limitation.

Gain more insights into the global trends impacting the future of the electric and hybrid
aircraft propulsion system market.
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Electric And Hybrid Aircraft Propulsion System Market: Key Vendor Offerings

  • Airbus SE: The company offers electric and hybrid aircraft propulsion systems such as Airbus E Fan X.

  • General Electric Co.: The company offers electric and hybrid aircraft propulsion systems such as CT7 9B turboprop.

  • Honeywell International Inc.: The company offers electric and hybrid aircraft propulsion systems such as DENSO Electric Aircraft Motors.

  • Israel Aerospace Industries Ltd.: The company offers electric and hybrid aircraft propulsion systems, namely CityAirbus.

  • Lockheed Martin Corp.: The company offers electric and hybrid aircraft propulsion systems such as VX4 electric aircraft.

To find additional highlights on the growth strategies adopted by vendors and their
product offerings, Download Free Sample Report.

Reasons to Buy Electric And Hybrid Aircraft Propulsion System Market Report:

  • CAGR of the market during the forecast period

  • Detailed information on factors that will assist electric and hybrid aircraft propulsion system market growth during the next five years

  • Estimation of the electric and hybrid aircraft propulsion system market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the electric and hybrid aircraft propulsion system market across Europe, North America, APAC, Middle East and Africa, and South America

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of electric and hybrid aircraft propulsion system market vendors

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Electric And Hybrid Aircraft Propulsion System Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 5.03%

Market growth 2022-2026

$12.1 million

Market structure

Fragmented

YoY growth (%)

5.56

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 46%

Key consumer countries

US, China, France, Germany, and Slovenia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Airbus SE, Bye Aerospace, Cranfield Aerospace Solutions Ltd., Elektra Solar GmbH, Eviation Aircraft, General Electric Co., GKN Aerospace Services Ltd., Honeywell International Inc., Israel Aerospace Industries Ltd., Lange Aviation GmbH, Leonardo Spa, Lockheed Martin Corp., MagniX, PIPISTREL doo, Raytheon Technologies Corp., Rolls Royce Holdings Plc, Rotex Electric, Safran SA, Siemens AG, The Boeing Co., and Joby Aviation Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Technology

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Electric and Hybrid Aircraft Propulsion System Market 2022-2026

Global Electric and Hybrid Aircraft Propulsion System Market 2022-2026

Cision

Cision

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Electric And Hybrid Aircraft Propulsion System Market to grow by USD 12.1 Mn by 2026, Evolving Opportunities with Airbus SE., General Electric Co., Honeywell International Inc.- Technavio

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