Electric and Hybrid-Electric Aircraft Propulsion Systems Market – A Global and Regional Analysis: Focus on Product and Country

The market for electric and hybrid-electric aircraft propulsion systems will reach $ 74. 90 Billion by 2035. Market Report Coverage – Electric and Hybrid-Electric Aircraft Propulsion System

New York, December 16, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Publication of the “Electric and Hybrid Aircraft Propulsion Systems Market – A Global and Regional Analysis: Product and Country Focus – Analysis and Forecast , 2025-2035 “- https://www.reportlinker.com/p06190983/?utm_source=GNW

Market segmentation

• Type of propulsion: all-electric propulsion, hybrid-electric propulsion

Regional segmentation

• North America: United States and Canada
• South America
• Europe: United Kingdom, Germany, France, Russia, Netherlands and rest of Europe
• Middle East and Africa
• Asia-Pacific: China, Japan, India, Australia, Singapore and rest of Asia-Pacific

Key companies profiled

3W International GmbH, Airbus SAS, Boeing, Cranfield Aerospace Solutions, General Electric Company, GKN Aerospace Services Limited, Honeywell International Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, MagniX, Rolls-Royce Holdings plc., Safran SA, Siemens AG, Raytheon Technologies Corporation, Leonardo SpA

How this report can add value

This report will contribute to the following objectives:
• A section dedicated to the start-up and investment landscape
• Detailed analysis, which includes both the value and volume of the electric and hybrid-electric propulsion system used on all types of aircraft
• Main market programs for electric and hybrid-electric aircraft propulsion systems

Market by Product: Analysis and Forecast: The product section will help the reader to understand the different types of electric and hybrid-electric aircraft propulsion systems used in multiple manned, unmanned and eVTOL aircraft. The players operating in this market are developing innovative offers and are focusing heavily on testing as well as demonstrating the capabilities of their propulsion systems.

Key questions addressed in the report

• What are the key drivers, challenges, and opportunities behind the demand for the Electric and Hybrid-Electric Aircraft Propulsion Systems market during the forecast period 2025-2035?
• Who are the main players in the electric and hybrid-electric aircraft propulsion systems market, and what is the competitive benchmark?
• What are the new strategies adopted by existing market players to stand out in the industry?
How is the electric and hybrid-electric aircraft propulsion systems market expected to grow over the forecast period, and what revenue is expected to be generated by the end of 2035?
• What are the market trends for electric and hybrid-electric aircraft propulsion systems in different countries? What are the revenue estimates for 2025 and 2035?
• Which country is expected to contribute the most to the electric and hybrid-electric aircraft propulsion systems market during the forecast period?

Electric and hybrid-electric aircraft propulsion system

Model electric airplanes and unmanned aerial vehicles (UAVs) have been flying since the 1970s. Although, in 1917, the first manned, electrically powered captive helicopter was developed.

Additionally, the very first electrically powered aircraft, the MB-E1, flew in October 1973. Along with this, many other prototypes of electrically powered aircraft are being developed and tested to enhance the experience of flight.

Hybrid-electric propulsion combines a conventional internal combustion engine system with an electric propulsion system. This type of propulsion system does not emit harmful components into the air, reducing the total pollution levels raised by air travel.

Hybrid-electric propulsion can be classified as series hybrid propulsion and parallel hybrid propulsion.

Industry Overview of Electric and Hybrid-Electric Aircraft Propulsion Systems

Governments invest a significant portion of their resources in developing designs for high speed propulsion systems such as ramjet and scramjet propulsion systems. High-speed airplanes use ramjets and air-breathing scramjet engines that allow them to hover at extremely high speeds.

The global electric and hybrid electric aircraft propulsion systems market is expected to reach $ 74.90 billion in 2035, at a compound annual growth rate (CAGR) of 18.39% during the forecast period 2025-2035 .

Market segmentation

Electric and Hybrid-Electric Aircraft Propulsion Systems Market by Propulsion Type

The hybrid-electric propulsion segment is expected to dominate the global electric and hybrid-electric aircraft propulsion systems market, owing to the high investments expected to be made in the future due to the high adoption rate in the commercial aviation industry.

Electric and Hybrid-Electric Aircraft Propulsion Systems Market by Region

North America is expected to dominate the global electric and hybrid electric aircraft propulsion systems market during the forecast period. Research and development of next-generation aircraft in the region is expanding at a significant rate, which in turn is expected to increase the demand for electric and hybrid electric aircraft propulsion systems in the coming years.

Key Market Players and Competition Summary

3W International GmbH, Airbus SAS, Boeing, Cranfield Aerospace Solutions, General Electric Company, GKN Aerospace Services Limited, Honeywell International Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, MagniX, Rolls-Royce Holdings plc., Safran SA, Siemens AG, Raytheon Technologies Corporation, Leonardo SpA

The companies featured in the report were selected after going through in-depth interviews with experts and including details of the companies such as product portfolio, annual revenue, market penetration, research and development initiatives, and presence. national and international in the electric and hybrid sector. -market for electric aircraft propulsion systems. As a result, a structured approach is followed which includes segmentation of the stakeholder pool into three mutually exclusive and collectively exhaustive parts, holding 100% of the market, as mentioned below:
Main Segment Players – These are the leading Original Equipment Manufacturers (OEMs), covering around 60% of the market presence.

Other segment players – These are component suppliers, covering around 40% of the market presence.

However, if a company is not in the above pool, it has been well represented in different sections of the report (if applicable).

Covered countries
• North America
• WE
• Canada
• South America
• Europe
• Germany
• France
• UK
• Netherlands
• Russia
• The rest of Europe
• Middle East and Africa
• Asia Pacific
• China
• India
• Japan
• Australia
• Singapore
• Rest of Asia-Pacific
Read the full report: https://www.reportlinker.com/p06190983/?utm_source=GNW

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