Electric Aircraft Market Size, Share, and Trends 2024 to 2034

The global electric aircraft market size accounted for USD 13.71 billion in 2025 and is forecasted to hit around USD 74.25 billion by 2034, representing a CAGR of 20.65% from 2025 to 2034. The North America market size was estimated at USD 5.08 billion in 2024 and is expanding at a healthy CAGR of 20.08% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2023
  • Report Code : 1639
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Range Procurement Analysis 

4.3.2. Sales and Application Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Electric Aircraft Market 

5.1. COVID-19 Landscape: Electric Aircraft Industry Impact

5.2. COVID-19 - Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric Aircraft Market, By Platform Type

8.1. Electric Aircraft Market, by Platform Type

8.1.1. Regional Transport Aircraft

8.1.1.1. Market Revenue and Forecast

8.1.2. Business Jets

8.1.2.1. Market Revenue and Forecast

8.1.3. Light and Ultralight Aircraft

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Electric Aircraft Market, By System Type

9.1. Electric Aircraft Market, by System Type

9.1.1. Batteries

9.1.1.1. Market Revenue and Forecast

9.1.2. Electric Motors

9.1.2.1. Market Revenue and Forecast

9.1.3. Aerostructures

9.1.3.1. Market Revenue and Forecast

9.1.4. Avionics

9.1.4.1. Market Revenue and Forecast

9.1.5. Software

9.1.5.1. Market Revenue and Forecast

9.1.6. Others

9.1.6.1. Market Revenue and Forecast

Chapter 10. Global Electric Aircraft Market, By Technology Type 

10.1. Electric Aircraft Market, by Technology Type

10.1.1. CTOL

10.1.1.1. Market Revenue and Forecast

10.1.2. STOL

10.1.2.1. Market Revenue and Forecast

10.1.3. VTOL

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Electric Aircraft Market, By Type

11.1. Electric Aircraft Market, by Type

11.1.1. Fixed Wing

11.1.1.1. Market Revenue and Forecast

11.1.2. Rotary Wing

11.1.2.1. Market Revenue and Forecast

11.1.3. Hybrid Wing

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Electric Aircraft Market, By Application

12.1. Electric Aircraft Market, by Application

12.1.1. Civil

12.1.1.1. Market Revenue and Forecast

12.1.2. Military

12.1.2.1. Market Revenue and Forecast

12.1.3. Others

12.1.3.1. Market Revenue and Forecast

Chapter 13. Global Electric Aircraft Market, By Range

13.1. Electric Aircraft Market, by System Type

13.1.1. Less than 500 KM

13.1.1.1. Market Revenue and Forecast

13.1.2. More than 500 KM

13.1.2.1. Market Revenue and Forecast

Chapter 14. Global Electric Aircraft Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Platform

14.1.2. Market Revenue and Forecast, by System

14.1.3. Market Revenue and Forecast, by Technology

14.1.4. Market Revenue and Forecast, by Type

14.1.5. Market Revenue and Forecast, by Application

14.1.6. Market Revenue and Forecast, by Range

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Platform

14.1.7.2. Market Revenue and Forecast, by System

14.1.7.3. Market Revenue and Forecast, by Technology

14.1.7.4. Market Revenue and Forecast, by Type

14.1.8. Market Revenue and Forecast, by Application

14.1.8.1. Market Revenue and Forecast, by Range  

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Platform

14.1.9.2. Market Revenue and Forecast, by System

14.1.9.3. Market Revenue and Forecast, by Technology

14.1.9.4. Market Revenue and Forecast, by Type

14.1.10. Market Revenue and Forecast, by Application

14.1.11. Market Revenue and Forecast, by Range

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Platform

14.2.2. Market Revenue and Forecast, by System

14.2.3. Market Revenue and Forecast, by Technology

14.2.4. Market Revenue and Forecast, by Type  

14.2.5. Market Revenue and Forecast, by Application

14.2.6. Market Revenue and Forecast, by Range

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Platform

14.2.8.2. Market Revenue and Forecast, by System

14.2.8.3. Market Revenue and Forecast, by Technology

14.2.9. Market Revenue and Forecast, by Type  

14.2.10. Market Revenue and Forecast, by Application

14.2.10.1. Market Revenue and Forecast, by Range  

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Platform

14.2.11.2. Market Revenue and Forecast, by System

14.2.11.3. Market Revenue and Forecast, by Technology

14.2.12. Market Revenue and Forecast, by Type

14.2.13. Market Revenue and Forecast, by Application

14.2.14. Market Revenue and Forecast, by Range

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Platform

14.2.15.2. Market Revenue and Forecast, by System

14.2.15.3. Market Revenue and Forecast, by Technology

14.2.15.4. Market Revenue and Forecast, by Type

14.2.16. Market Revenue and Forecast, by Application

14.2.16.1. Market Revenue and Forecast, by Range

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Platform

14.2.17.2. Market Revenue and Forecast, by System

14.2.17.3. Market Revenue and Forecast, by Technology

14.2.17.4. Market Revenue and Forecast, by Type

14.2.18. Market Revenue and Forecast, by Application

14.2.18.1. Market Revenue and Forecast, by Range

14.3. APAC

14.3.1. Market Revenue and Forecast, by Platform

14.3.2. Market Revenue and Forecast, by System

14.3.3. Market Revenue and Forecast, by Technology

14.3.4. Market Revenue and Forecast, by Type

14.3.5. Market Revenue and Forecast, by Application

14.3.6. Market Revenue and Forecast, by Range

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Platform

14.3.7.2. Market Revenue and Forecast, by System

14.3.7.3. Market Revenue and Forecast, by Technology

14.3.7.4. Market Revenue and Forecast, by Type

14.3.8. Market Revenue and Forecast, by Application

14.3.9. Market Revenue and Forecast, by Range

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Platform

14.3.10.2. Market Revenue and Forecast, by System

14.3.10.3. Market Revenue and Forecast, by Technology

14.3.10.4. Market Revenue and Forecast, by Type

14.3.11. Market Revenue and Forecast, by Application

14.3.11.1. Market Revenue and Forecast, by Range

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Platform

14.3.12.2. Market Revenue and Forecast, by System

14.3.12.3. Market Revenue and Forecast, by Technology

14.3.12.4. Market Revenue and Forecast, by Type

14.3.12.5. Market Revenue and Forecast, by Application

14.3.12.6. Market Revenue and Forecast, by Range

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Platform

14.3.13.2. Market Revenue and Forecast, by System

14.3.13.3. Market Revenue and Forecast, by Technology

14.3.13.4. Market Revenue and Forecast, by Type

14.3.13.5. Market Revenue and Forecast, by Application

14.3.13.6. Market Revenue and Forecast, by Range

14.4. MEA

14.4.1. Market Revenue and Forecast, by Platform

14.4.2. Market Revenue and Forecast, by System

14.4.3. Market Revenue and Forecast, by Technology

14.4.4. Market Revenue and Forecast, by Type

14.4.5. Market Revenue and Forecast, by Application

14.4.6. Market Revenue and Forecast, by Range

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Platform

14.4.7.2. Market Revenue and Forecast, by System

14.4.7.3. Market Revenue and Forecast, by Technology

14.4.7.4. Market Revenue and Forecast, by Type

14.4.8. Market Revenue and Forecast, by Application

14.4.9. Market Revenue and Forecast, by Range

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Platform

14.4.10.2. Market Revenue and Forecast, by System

14.4.10.3. Market Revenue and Forecast, by Technology

14.4.10.4. Market Revenue and Forecast, by Type

14.4.11. Market Revenue and Forecast, by Application

14.4.12. Market Revenue and Forecast, by Range

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Platform

14.4.13.2. Market Revenue and Forecast, by System

14.4.13.3. Market Revenue and Forecast, by Technology

14.4.13.4. Market Revenue and Forecast, by Type

14.4.13.5. Market Revenue and Forecast, by Application

14.4.13.6. Market Revenue and Forecast, by Range

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Platform

14.4.14.2. Market Revenue and Forecast, by System

14.4.14.3. Market Revenue and Forecast, by Technology

14.4.14.4. Market Revenue and Forecast, by Type

14.4.14.5. Market Revenue and Forecast, by Application

14.4.14.6. Market Revenue and Forecast, by Range

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Platform

14.5.2. Market Revenue and Forecast, by System

14.5.3. Market Revenue and Forecast, by Technology

14.5.4. Market Revenue and Forecast, by Type

14.5.5. Market Revenue and Forecast, by Application

14.5.6. Market Revenue and Forecast, by Range

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Platform

14.5.7.2. Market Revenue and Forecast, by System

14.5.7.3. Market Revenue and Forecast, by Technology

14.5.7.4. Market Revenue and Forecast, by Type

14.5.8. Market Revenue and Forecast, by Application

14.5.8.1. Market Revenue and Forecast, by Range

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Platform

14.5.9.2. Market Revenue and Forecast, by System

14.5.9.3. Market Revenue and Forecast, by Technology

14.5.9.4. Market Revenue and Forecast, by Type

14.5.9.5. Market Revenue and Forecast, by Application

14.5.9.6. Market Revenue and Forecast, by Range

Chapter 15. Company Profiles

15.1. Pipistrel Group

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Airbus

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Bye Aerospace

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Aerospace Limited

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Yuneec Holding Limited

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Leonardo S.p.A.

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Faradair Aerospace Limited

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Boeing

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Digisky S.R.L.

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Groupe Gorge

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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Frequently Asked Questions

The global electric aircraft market size was reached at USD 11.37 billion in 2024 and it is expanding at USD 74.25 billion by 2034.

The global electric aircraft market is expected to reach at a CAGR of 20.65% from 2025 to 2034.

The major players operating in the electric aircraft market are Pipistrel Group, Airbus, Bye Aerospace, Aerospace Limited, Yuneec Holding Limited, Leonardo S.p.A., Faradair Aerospace Limited, Boeing, Digisky S.R.L., and Groupe Gorge.

The number of passengers for airlines is growing due to rising disposable income and expanding urbanization. Because of the increased number of passengers, modern technology and creative aircraft are being adopted. This factor is driving the growth of the global electric aircraft market.

North America region will lead the electric aircraft market in near future.

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