GITNUX MARKETDATA REPORT 2024

Electric AIrcraft Industry Statistics

The electric aircraft industry is expected to experience rapid growth and increasing market penetration in the coming years due to advancements in technology, environmental concerns, and government support.

Statistic 1

"As of 2020, there are approximately 170 different electric aircraft projects underway globally."

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Statistic 2

"The global market of electric vertical take-off and landing (eVTOL) aircraft is projected to grow from $162 million in 2025 to $411 million by 2030."

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Statistic 3

"The electric aircraft market is expected to reach $38.42 billion by 2026."

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Statistic 4

"The ultralight electric aircraft are expected to hold a significant share of the electric aircraft market."

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Statistic 5

"By 2025, it is expected that nearly 20,000 electric airplanes will be in service."

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Statistic 6

"The Series Hybrid system is projected to be the fastest-growing segment in the electric aircraft market."

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Statistic 7

"The lead acid battery segment is projected to be the highest segment of the electric aircraft market from 2025."

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Statistic 8

"The electric propulsion technology segment is projected to be the fastest-growing segment in the market."

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Statistic 9

"Europe is expected to be the second-largest market for electric aircraft after North America."

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Statistic 10

"The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period."

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Statistic 11

"Pipistrel, an Australian company, is a leading manufacturer of electric aircraft, having delivered over 500 units to date."

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Statistic 12

"As of 2019, nearly 57% of electric aircraft projects are being developed in Europe."

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Statistic 13

"It is estimated that the use of electric aircraft could reduce aviation's carbon emissions by 50% by 2050."

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Statistic 14

"As of 2020, over 30 airlines have signed up to purchase or express interest in electric aircraft."

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Statistic 15

"Airbus, Boeing, and Embraer are among the major players in the electric aircraft market."

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Statistic 16

"As of 2021, the United Kingdom has become a hub for the development of electric and hybrid aircraft, with more than 20 projects currently underway."

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Statistic 17

"China is investing heavily in electric aircraft, aiming to become a global leader in this industry."

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Statistic 18

"The general aviation segment is expected to grow at the highest CAGR during the forecast period in the electric aircraft market."

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