The global Hybrid Aircraft market size is expected to reach close to US$ 39.61 billion by 2029 with an annualized growth rate of 15.4% through the projected period.
The global hybrid aircraft market 2017 is segmented into several classification including product type analysis, application analysis, technology analysis, and regional analysis. Based on the product type analysis, the market is categorized by dynastats, rotastats. Whereas, on the basis of technology analysis the market is classified into manned hybrid aircraft, and unmanned hybrid aircraft. Based on the application analysis the market is smartly driven by commercial tours, surveillance, research, cargo transport, and others. Discussing the regional analysis, the market is widely range to North America, U.S., Europe, and UK. France, Germany, Asia Pacific, China, Japan, India, Latin America, Brazil, Middle East and Africa, GCC Countries, Southern Africa, Rest of Middle East & Africa.
Discussing the trends of the global hybrid electric aircraft market, dynastat and rotstat are the two major types of hybrid aircraft used for several applications. The Dynastats have a huge demand in the hybrid aircraft market as it hold a better efficiency to grow within a allotted speed range as compared to Rotastats. However, this will generate an effective demand for dynastat over the forecast period.
The manned hybrid electric aircraft market segment technology is efficiently influencing the hybrid aircraft market in 2017. The growing usage of manned operated aircrafts for surveillance and commercial tours is anticipated to witness the growth of segment in the global hybrid aircraft market during the forecast period. However, the unmanned hybrid aircraft in national and military security is estimated to propel the growth of segment over the forecast period.
The military surveillance hybrid aircraft is smartly designed to provide a stabilized platform that can deliver an experience for long periods of time. These aircrafts efficiently hold the ability to operate from a non-airport base. Furthermore, they can fly continuously up to 21 days at high attitude. The surveillance application is anticipated to witness a growth of high CAGR over the forecast period owing to rising demand for hybrid aircraft in defense. The hybrid aircraft fly far above the range of most weapons. The aircraft also contribute taking photographs and videos of the area under question and beam them back to a control center on the ground.
North America holds the most influenced share in the hybrid aircraft market. Increasing research and development investments for development of hybrid aircraft are the major contributors to the governance of hybrid aircraft market in North America.
Leading players of the global hybrid aircraft market include Airbus, Boeing, Lockheed Martin, Aeros, and Hybrid Air Vehicles.
Hybrid Aircraft Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2030||US$ 39.61 billion|
|Growth Rate||CAGR of 15.4 % during 2022-2030|
|Segment Covered||By Platform, By System, Region|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Pipistrel Group, Airbus, Bye Aerospace, Aerospace Limited, Yuneec Holding Limited, Leonardo S.p.A., Faradair Aerospace Limited, Boeing, Digisky S.R.L., Groupe Gorge|
Key Segmentation of the Global Hybrid Aircraft Market 2018-2025
Global Hybrid Aircraft Market: Type Segment Analysis
Global Hybrid Aircraft Market: Technology Segment Analysis
- Manned Hybrid Aircraft
- Unmanned Hybrid Aircraft
Global Hybrid Aircraft Market: Application Segment Analysis
- Commercial Tours
- Cargo Transport
Global Hybrid Aircraft Market: Regional Segment Analysis
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
- GCC Countries
- Southern Africa
- Rest of Middle East & Africa