Market Overview:
The global hybrid electric jet market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fuel-efficient aircrafts and rising concerns over environmental pollution. The global hybrid electric jet market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into batteries, solar cells, gas-powered, ultra capacitors, and others. The batteries segment is expected to hold a major share in the global hybrid electric jet market owing to their high efficiency and low emissions. On the basis of application, the industrial sector is expected to hold a major share in terms of revenue in 2018 followed by commercial applications.
Product Definition:
A hybrid electric jet is a type of aircraft that uses both a gasoline-powered engine and an electric motor. The electric motor can be used to power the aircraft during take-off and landing, or to supplement the power of the gasoline engine during flight. Hybrid electric jets are important because they reduce emissions and save fuel.
Batteries:
Batteries are the power sources for electric vehicles. They help in storing energy from a rechargeable battery to an electric motor that is used to generate electricity. The hybrid electric jet uses small batteries that are charged with the help of an external source of electricity through a plug-in charger or a charging station at regular intervals during flights.
Solar Cells:
Solar cells are photovoltaic cells that capture solar energy and convert it into electricity. They find major applications in the aviation industry, marine industry, space exploration, satellites & unmanned aerial vehicles (UAVs), electric vehicles (EVs), grid-connected power supply for residential & commercial applications as well as in off-grid power generation.
Application Insights:
The industrial segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing demand for electric aircraft across various industries such as oil & gas, defense, and transport. The commercial segment is anticipated to witness considerable growth over the forecast period owing to rising passenger traffic on medium-range and long-range flights. Demand for advanced technology aircraft with better range capabilities has increased significantly in recent years due largely of advances made in batteries, solar cells, fuel cells along with other ecofriendly technologies such as GAS turbine power plants that are used for jet fuel supply.
Demand from military applications accounted for approximately 19% of total revenue share in 2017 owing to extensive usage of electric powered fighter jets by countries including U.S.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. The region has been witnessing rapid developments in various sectors, such as aerospace & defense, automotive, energy & power, electronics manufacturing sector. Increasing demand for commercial aircraft by countries such as China and India is expected to drive the regional industry growth over the next eight years.
The Asia Pacific was followed by Europe with a market share of more than 25% in terms of revenue owing to increasing investments from major players across several industries including aerospace & defense and automotive. In addition, growing industrialization coupled with rising demand from end-use industries will further propel product demand over the coming years.
North America also held a substantial market share due to high adoption rates of advanced technologies across key industry verticals including transportation.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is expected to grow at a CAGR of 5.8% from 2016 to 2020, reaching a total value of 7.8 billion. This growth is being driven by the increasing number of passengers flying both domestically and internationally, as well as the rise in disposable income in emerging markets.
- Rising fuel costs: The price of jet fuel has been on the rise in recent years, reaching an all-time high in 2012. As a result, airlines are increasingly looking for ways to reduce their fuel costs and hybrid electric jets offer one such potential solution.
- Environmental concerns: With growing awareness about the impact that aviation has on climate change, there is increasing pressure on airlines to reduce their emissions footprint. Hybrid electric jets offer one way of doing this as they produce significantly lower emissions than traditional aircraft engines .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hybrid Electric Jet Market Research Report
By Type
Batteries, Solar Cells, Gas-powered, Ultra Capacitors, Others
By Application
Industrial, Commercial
By Companies
Zunum Aero, Boeing HorizonX, JetBlue Technology, Siemens AG, Airbus SE, Rolls Royce, Lilium, EasyJet Ltd, Wright Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Hybrid Electric Jet Market Report Segments:
The global Hybrid Electric Jet market is segmented on the basis of:
Types
Batteries, Solar Cells, Gas-powered, Ultra Capacitors, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zunum Aero
- Boeing HorizonX
- JetBlue Technology
- Siemens AG
- Airbus SE
- Rolls Royce
- Lilium
- EasyJet Ltd
- Wright Electric
Highlights of The Hybrid Electric Jet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Batteries
- Solar Cells
- Gas-powered
- Ultra Capacitors
- Others
- By Application:
- Industrial
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hybrid Electric Jet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hybrid electric jet is a type of aircraft that uses both traditional jet engines and electric motors to power its flight. This allows the aircraft to have greater range and speed than either type of engine alone, making it a popular choice for commercial airlines.
Some of the major players in the hybrid electric jet market are Zunum Aero, Boeing HorizonX, JetBlue Technology, Siemens AG, Airbus SE, Rolls Royce, Lilium, EasyJet Ltd, Wright Electric.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hybrid Electric Jet Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hybrid Electric Jet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hybrid Electric Jet Market - Supply Chain
4.5. Global Hybrid Electric Jet Market Forecast
4.5.1. Hybrid Electric Jet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hybrid Electric Jet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hybrid Electric Jet Market Absolute $ Opportunity
5. Global Hybrid Electric Jet Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hybrid Electric Jet Market Size and Volume Forecast by Type
5.3.1. Batteries
5.3.2. Solar Cells
5.3.3. Gas-powered
5.3.4. Ultra Capacitors
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hybrid Electric Jet Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hybrid Electric Jet Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hybrid Electric Jet Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hybrid Electric Jet Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hybrid Electric Jet Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hybrid Electric Jet Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hybrid Electric Jet Demand Share Forecast, 2019-2026
9. North America Hybrid Electric Jet Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hybrid Electric Jet Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hybrid Electric Jet Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hybrid Electric Jet Market Size and Volume Forecast by Type
9.7.1. Batteries
9.7.2. Solar Cells
9.7.3. Gas-powered
9.7.4. Ultra Capacitors
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hybrid Electric Jet Demand Share Forecast, 2019-2026
10. Latin America Hybrid Electric Jet Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hybrid Electric Jet Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hybrid Electric Jet Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hybrid Electric Jet Market Size and Volume Forecast by Type
10.7.1. Batteries
10.7.2. Solar Cells
10.7.3. Gas-powered
10.7.4. Ultra Capacitors
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hybrid Electric Jet Demand Share Forecast, 2019-2026
11. Europe Hybrid Electric Jet Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hybrid Electric Jet Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hybrid Electric Jet Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hybrid Electric Jet Market Size and Volume Forecast by Type
11.7.1. Batteries
11.7.2. Solar Cells
11.7.3. Gas-powered
11.7.4. Ultra Capacitors
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growt Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hybrid Electric Jet Demand Share, 2019-2026
12. Asia Pacific Hybrid Electric Jet Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hybrid Electric Jet Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hybrid Electric Jet Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hybrid Electric Jet Market Size and Volume Forecast by Type
12.7.1. Batteries
12.7.2. Solar Cells
12.7.3. Gas-powered
12.7.4. Ultra Capacitors
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hybrid Electric Jet Demand Share, 2019-2026
13. Middle East & Africa Hybrid Electric Jet Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hybrid Electric Jet Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hybrid Electric Jet Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hybrid Electric Jet Market Size and Volume Forecast by Type
13.7.1. Batteries
13.7.2. Solar Cells
13.7.3. Gas-powered
13.7.4. Ultra Capacitors
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hybrid Electric Jet Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hybrid Electric Jet Market: Market Share Analysis
14.2. Hybrid Electric Jet Distributors and Customers
14.3. Hybrid Electric Jet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zunum Aero
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boeing HorizonX
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JetBlue Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Airbus SE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rolls Royce
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lilium
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EasyJet Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wright Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
