Hybrid Electric Jet Market: Substantial Growth


Posted March 20, 2020 by renucoherent

The hybrid electric jets are the aircrafts powered with the electric motors. The electricity is supplied through several methods such as batteries, solar cells, ultra capacitors, fuel cells, and power beaming.

 
The hybrid electric jets are the aircrafts powered with the electric motors. The electricity is supplied through several methods such as batteries, solar cells, ultra capacitors, fuel cells, and power beaming. Electrified hybrid aircrafts are cleaner as compared to conventional models. The aviation industry is focused in reducing the fuel use and carbon emissions by manufacturing lightweight plane, efficient engines, and airlines using the biofuel blends for better traffic flow management.

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Decreasing the green gas emissions such as carbon dioxide, methane, nitrous oxide and among oth-ers is the major factor driving growth of the global hybrid electric jet market. The jets using conven-tional motors results in green gas emissions, which is the major environmental concerns. For in-stance, according to the Europe Aviation Safety Agency (ESEA), utilization of electric engines in the jet is expected to reduce 75% of Carbon Dioxide (CO2) and 90% of Nitrous Oxide (NOx) along with reduction in the noise levels to 65% by 2050.

The major players operating in the hybrid electric jet market include Zunum Aero, Boeing Hori-zonX, Uber Technologies Inc, JetBlue Technology, Siemens AG, Airbus SE, Rolls Royce, Lilium, EasyJet Ltd., and Wright Electric.

Regional Insights
On basis of region, the global hybrid electric jet market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Europe is expected to exhibit the highest growth in the market during the forecast period, owing to the presence of large number of manufac-turers such as Airbus SE, Rolls Royce, Siemens AG, Boeing, and EasyJet. Europe is projected to retain its dominance in market over the forecast period, owing to increasing number of manufac-tures, collaboration, and partnerships. For instance, in November 2017, the European manufacturers Airbus SE, Rolls Royce, and Siemens AG collaborated to build a hybrid electric plane called E-FAN X, which will be based on the modified 100-seat British Aerospace 146 (BAe146) regional aircraft. This modification includes replacement of the conventional motor with the two megawatt electric motor.

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Categories Industry , Science , Technology
Tags hybrid electric jet market , hybrid electric jet market analysis , hybrid electric jet market size , hybrid electric jet market trend
Last Updated March 20, 2020