Press Release

Visiongain Ltd.

Hybrid Aircraft Market Report to 2031

November 10th, 2021 12:00 AM

Visiongain has published a new report on Hybrid Aircraft Market Report: Forecasts by Component (Propulsion, Control System, Airframe, Electronics, Actuators, Pumps & Valves), by Type (Manned, Unmanned), by Propulsion Type (Solar Powered, Battery Powered, Fuel Cell Powered), by Application (Commercial, Defense), by Range (Short Range, Medium Range, Long Range) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Recovery Scenarios.

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Hybrid aircraft uses electricity as one of the main sources along with high powered turbines during takeoff, which enables heavy lifting capabilities. The turbine power also used for charging batteries onboard aircraft. Increasing demand for heavy lifting capabilities in defense sector is one of the prime factors to drive the market for hybrid aircraft market over the forecast period. In addition, aviation industry has been continuously making efforts to reducing carbon footprint and focusing on greener aviation, which is also one of the key factors to propel the market growth in coming years.

COVID-19 Impact on Hybrid Aircraft Market

COVID-19 has affected the global economies negatively during the past few months, due to which defense budgets in 2021 are anticipated to shrink, compared to last few years. Majority of the countries spend around 2% of their GDP on defense budget and this percentage is expected to fall in coming years along with GDP. As a result of fall in GDPs, defense budgets of many countries are expected to reduce in coming years, at least till 2023. Fall in defense budget will in turn affect the investment on hybrid aircraft development programs during the forecast period.

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How the Hybrid Aircraft Market report helps you
In summary, our 300+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Hybrid Aircraft Market, with forecasts for By Component, By Type, By Propulsion Type, By Application and By Range, each forecasted at a global and regional level- discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2031 for 5 regional and 17 key national markets – See forecasts for the Hybrid Aircraft market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market- including company profiles for 10 of the major companies involved in the Hybrid Aircraft Market.

Competitive Landscape

The players operating in the aviation industry are highly focused on developing hybrid aircraft. Hybrid aircraft market is a concentrated market with a smaller number of players operating currently. However, countries across the globe are promoting indigenization of aircraft development for defense forces, which is expected to offer several growth opportunities in the future. Some of the company’s profiled in this report include Boeing, Airbus, Aeros Corporation, Hybrid Air Vehicles Limited, Ampaire Inc, Lockheed Martin, Bye Aerospace, Embraer, DeLorean Aerospace and Safran.

  • In July 2020, Electric Aviation Group, the UK-based engineering, and development firm, has announced that they have developed new hybrid aircraft design which can carry more than 70 passengers. As per company statement, the aircraft can offer a range of 800 nautical miles range and is expected to take its flight in 2028.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

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Information found nowhere else
with our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Hybrid Aircraft Market and leading companies. You will find data, trends and predictions.

Find more Visiongain research reports on Aviation Industry click on the following links:

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About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.


Catherine Walker
PR at Visiongain Inc.
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