Electric Airplane Market Size, Share, By Type (Fixed Wing, Rotary Wing, and Hybrid Wing), By Technology (CTOL, STOL, and VTOL), By Component (Batteries, Electric Motors, Aerostructures, Avionics, and Others), By Application (Civil, Military & Defense, and Others) and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI527624 | Publish Date: June 2024 | No. of Pages: 187

Electric Airplane Market Share

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

North America: It is anticipated that this region would have a sizable market for electric aircraft due to significant aerospace companies, technological advancements, and government support for eco-friendly flying choices. The United States and Canada are at the forefront of the research and use of electric aircraft technology.

Asia Pacific: This region is seeing a significant expansion in the electric aircraft market due to increased urbanization, traffic congestion, and carbon emission reduction programs. China, Japan, South Korea, Singapore, and other countries are actively investigating the development and use of electric aircraft technology.