3Q 2021

Aviation Electrification

Market Analysis and Forecasts for Aviation Electrification Applications: 2021-2035

Fully operational electric aircraft (EA) account for less than 100 aircraft around the world. Although many entities are engaged in the design, prototyping, and production of these aircraft, full-scale production is dependent on improved electric motor and battery technologies. Companies are investing heavily in EA technologies, and this diverse collection of manufacturers have created significant variation in both airframe and motor innovations.

Factors driving the development of EA range from reductions in operating costs, CO2, and noise pollution to government regulation and social issues surrounding the current aviation fleet. Although aviation accounts for only 2%-3% of global CO2 contribution, the European Commission has set the goal of a 75% reduction in CO2 per seat kilometer and 90% reduction of nitrogen dioxide by 2050. Even with more fuel-efficient conventional engines and airframes, the aviation industry would not be able to reach these goals without electrification and operation. With more than 200 companies progressing designs to the stage of flying full-scale prototypes, preparing for mass production, and working on government certification, the EA market is primed for exponential growth by 2035.

This Guidehouse Insights report analyzes the global market for EA in three key segments: aircraft seating up to 6 passengers, 7 to 20 passengers, and 21 passengers and more. The study provides an analysis of the market issues, opportunities, and adoption challenges associated with EA. Global market forecasts for aircraft sales are broken out by segment and extend through 2035. The report also examines the key technologies and manufacturers related to EA as well as the competitive landscape.

Pages 36
Tables | Charts | Figures 22
  • Who are the key airframe manufacturers in the development of electric aircraft?
  • Who are the manufacturers developing electric motors for aircraft?
  • What industries are expected to use electric-powered aircraft?
  • When is widespread adoption of electric aircraft expected?
  • How is the electric aircraft market anticipated to grow over the next 15 years?
  • Electric aircraft companies
  • Battery manufacturers
  • Electric engine builders
  • Airlines
  • Parcel delivery companies
  • Investor community

1. Executive Summary

1.1   Introduction

1.2   Market Outlook

2. Market Issues

2.1   Introduction

2.2   Market Drivers

2.2.1   Technology Advancements

2.2.2   OPEX

2.2.3   Regional Transportation Benefits

2.2.4   Environmental Benefits

2.3   Market Barriers

2.3.1   Energy Infrastructure Constraints

2.3.2   Workforce Infrastructure Constraints

2.3.3   Consumer Acceptance

2.3.4   Regulatory Approval Processes

3. Key Industry Players

3.1   Introduction

3.2   Airframe Manufacturers

3.2.1   Airbus

3.2.2   Ampaire

3.2.3   Aurora Flight Sciences - A Boeing Company

3.2.4   Bye Aerospace

3.2.5   Equator Aircraft

3.2.6   EmbraerX EVE

3.2.7   Eviation

3.2.8   Heart Aerospace

3.2.9   Joby Aviation

3.2.10   Pipistrel

3.2.11   Wright Electric

3.3   Electric Motor Manufactures

3.3.1   H3X Technologies

3.3.2   magniX

3.3.3   MGM Compro

3.3.4   Rolls-Royce

4. Market Forecasts

4.1   Methodology

4.2   Market Limitations

4.3   Key Assumptions

4.4   Market Forecasts

4.4.1   Global EA Sales   Aircraft Less Than Six Passengers and eVTOL   Private Aircraft and Small Trainers   eVTOL   Aircraft from 7 to 20 Passengers   Aircraft with 21 Passengers or More

4.4.2   Aviation Electrification Revenue

5. Conclusions and Recommendations

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study, Sources and Methodology, Notes

  • Total EA Revenue by Passenger Capacity, World Markets: 2021-2035
  • Total Active EA by Passenger Capacity, World Markets: 2021-2035
  • EA Up to Six Passengers, World Markets: 2021-2035
  • EA 7-20 Passengers, World Markets: 2021-2035
  • EA 21 Passengers or More, World Markets: 2021-2035
  • Total Revenue by Aircraft and Infrastructure, World Markets: 2021-2035
  • Electric EEL
  • EmbraerX EVE eVTOL
  • Eviation Alice
  • Joby Aviation eVTOL
  • Pipistrel Alpha Electro
  • magniX magni250
  • Rolls-Royce Spirit of Innovation
  • Active EA by Segment, World Markets: 2021-2035
  • Active EA by Passenger Capacity, World Markets: 2021-2035
  • EA Revenue by Segment, World Markets: 2021-2035
  • EA Revenue by Passenger Capacity, World Markets: 2021-2035
  • Energy Infrastructure Revenue by Segment, World Markets: 2021-2035
  • EA and Infrastructure Revenue by Category, World Markets: 2021-2035
  • Total Revenue by Passenger Capacity, World Markets: 2021-2035
  • Total Revenue by Category, World Markets: 2021-2035
  • EA Application Forecast Categories
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