Commercial Electric Aircraft Market Size, Share, By Type (Urban Air Mobility (UAM) Vehicles, Regional Electric Aircraft, Electric Vertical Takeoff and Landing (eVTOL) Aircraft), By Power (100 kW - 500 kW, 500 kW - 2 MW, and >2 MW), By Propulsion System (Battery Electric (BEV), Hybrid Electric (HEV), and Hydrogen Fuel Cell), By Application (Air Taxi, Cargo & Logistics, and Military & Defense) and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI527124 | Publish Date: June 2024 | No. of Pages: 187

Commercial Electric Aircraft Market Share

By Region, the Commercial Electric Aircraft Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. 

North America is expected to be a primary market for commercial electric aircraft due to significant aerospace companies, technological advancements, and government initiatives encouraging sustainable aviation. The US and Canada are leading the way in developing and using electric aircraft technology, particularly in the urban air mobility (UAM) industry.

Europe is another important player in the commercial electric aircraft market, with several countries actively supporting and encouraging the expansion of electric aviation. Among the countries where businesses working on electric aircraft projects are located are the Netherlands, Germany, France, and the United Kingdom.