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Between 2010 and 2019 a consistent upsurge has been noticed in the electrification of aircraft systems, research on electrical propulsion, and investments in electric or hybrid aircraft designs. Aerospace firms are joining forces to challenge their industry s growing contribution to greenhouse gas emissions, with electric engines seen as one of the answers. In simple terms, hybrid-electric denotes two diverse sources of power, and on aircraft, this means being propelled by kerosene and an electric battery.
This report examines, analyzes, and predicts the evolution of electric & hybrid aircraft technologies, markets, and outlays (expenditures) over the next 8 years - 2020-2028 in the aerospace industry. It also examines electric & hybrid aircraft markets geographically, focusing on the top 95% of global markets, in the United States, Europe, and Asia. In this report, they analyze the market size of the Glo