March 12, 2021

How feasible is an electric aircraft? Could a commercial passenger plane be electric-powered?

image Source - ft.com

Electric aircraft are driven with the use of electric motors. In this, electricity is supplied through different sources such as batteries, solar cells, ground power cables, fuel cells ultracapacitors, and power beaming. Factors driving the electric aircraft market is use of different source of energy in order to preserve the non-renewable sources and therefore, electric aircraft is considered better than traditional aircrafts which is accelerating the growth of electric aircraft market.

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However, it is mandatory to prevent degradation of batteries in order to maintain the performance of batteries. The compulsion to preserve the batteries from getting obsolete is considered as one of a restraining factors responsible to hinder the growth of electric aircraft market. On the other hand, urge to manufacture battery solutions for electric aircraft is expected to give electric aircraft market with opportunities in the forthcoming period.

The "Global Electric Aircraft Market Analysis to 2027" is a specialized and in-depth study of the Electric aircraft industry with a focus on the global market trend. The report aims to provide an overview of global Electric aircraft market with detailed market segmentation on the basis of technology, application, and geography. The global Electric aircraft market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Top Industry Players are:

1. Schempp-Hirth Flugzeug-Vertriebs GmbH

2. YUNEEC

3. Zunum Aero

4. PIPISTREL d.o.o. Ajdovš?ina

5. lilium

6. DigiSky Srl

7. Bye Aerospace

8. Evektor

9. Alisport Srl

10. Hamilton Aero Maintenance Ltd.

Source - The Insight Partners