The commercial electric aircraft market is estimated to rise from USD 97 million in 2026 to USD 692 million in 2031 and is projected to reach USD 1,467 million by 2035, at a compound annual growth rate (CAGR) of 20.7% from 2031 to 2035, according to a new report from MarketsandMarkets.
“Based on the platform, the Business Jet segment is estimated to have the
highest market share for Commercial Electric Aircraft Market from 2031 to 2035….Based on the range, <200 km segment is estimated to have the highest market share in 2031….The <200 km segment is positioned for remarkable growth in the commercial electric aircraft market, projected to capture the highest share by 2031.
The North America region is expected to have the highest market share…This growth trajectory is fueled by several factors, including the region’s strong aerospace industry, technological innovation, supportive regulatory environment, and increasing emphasis on sustainability. North America boasts a robust ecosystem of aerospace manufacturers, research institutions, and startups dedicated to advancing electric aviation technology.
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(Image: Lyte Aviation)