NEW YORK, Feb. 16, 2017 /PRNewswire/ --
ABSTRACT
About Light Electric Aircraft
Light electric aircraft are emerging as new frontiers in the aerospace industry with improvements in technology. New investments in lighter components, high energy-dense batteries, and more efficient power electronics are driving the light electric aircraft market. Also, funding from governments and other advantages like tax benefits are encouraging increased number of vendors to enter this market. High taxes on greenhouse gas emissions and stringent noise regulations are also forcing aircraft manufacturers to focus on electric aircraft.
Technavio's analysts forecast the global light electric aircraft market to grow at a CAGR of 3.84% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global light electric aircraft market for 2016-2020. To calculate the market size, the report considers the present investments directed toward R&D of electric aircraft.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Light Electric Aircraft Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Airbus
- Alisport
- Electric Aircraft
- Solar Impulse
Other prominent vendors
- ACS Aviation
- Aeromarine
- Boeing
- Cessna
- DigiSky
- Electravia
- PC-Aero
Market driver
- Widespread adoption of lithium-based batteries
- For a full, detailed list, view our report
Market challenge
- Reduction of crude oil prices
- For a full, detailed list, view our report
Market trend
- Use of fuel cell-powered propulsion
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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