The size of the electric aircraft market will reach 4 trillion yen in 2030.6 manufacturers currently attracting attention in the short and medium haul field where competition is intensifying

Aviation’s all-electric regional jet, Alice, completed its first test flight in September 2022.

Weight is the enemy of flight. This is a headache for the airline industry, which must contend with regulatory and political pressure to slash its bloated carbon footprint.

Electric aircraft help reduce carbon emissions and reduce energy and maintenance costs. Battery-powered long-range airliners aren’t possible with current technology, but many companies are working on short- and medium-range electric aircraft.

According to market research firm MarketsandMarkets, the global market for electric aircraft will reach an estimated $7.9 billion in 2021. Projected to reach $27.7 billion in 2030, manufacturing the batteries that power those planes will be a $1 billion market by 2030. It is said that there is a possibility.

The companies listed below are poised to lead this market, developing not only bigger batteries and better chemistries, but also critical infrastructure such as aircraft-sized electric motors. Others are building hybrid airplanes, designing electric aircraft to enable low-emission air travel, and highlighting promising aircraft manufacturers and aircraft modders in this emerging field.

Source: BusinessInsider

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