Global Hybrid Aircraft Market Will Reach USD 1,200 million by 2025: Zion Market Research

New York, Feb. 07, 2018 -- Zion Market Research has published a new report titled “Hybrid Aircraft Market by (Type (Dynastats and Rotastats); Technology (Manned Hybrid Aircraft and Unmanned Hybrid Aircraft); Application (Automotive (Commercial Tours, Surveillance, Research, Cargo Transport, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2017 – 2025”.

According to the report, global hybrid aircraft market was valued at around USD 540 million in the year 2016 and it is expected to reach approximately USD 1,200 million by 2025. The global hybrid aircraft market is expected to exhibit a CAGR of more than 9.2% between 2017 and 2025.

The key factors that will trigger the growth of the hybrid aircraft market are the increasing terrorism globally. The extreme competition between nations to develop advanced aircraft is one of the major factors accountable for the growth of hybrid aircraft market. Moreover, growing environmental concern is accelerating the demand for hybrid aircraft across different applications globally.

Browse through 18 Tables & 21 Figures spread over 110 Pages and in-depth TOC on "Global Hybrid Aircraft Market: Industry Size, Share, Growth Analysis and Forecast 2016 – 2022”.

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Dynastat and roastat are the two types of hybrid aircraft being used for various applications. The Dynastats are having a huge demand in the hybrid aircraft market. The dynastat type of hybrid aircraft have better fuel efficiency within a given speed range as compared to Rotastats, and this will generate good demand for dynastat over the forecast period.

The manned hybrid aircraft segment technology is dominating the Hybrid Aircraft market in 2017. The high use of manned operated aircrafts for commercial tours and surveillance is expected to boost the growth of segment in the global market over the forecast period. However, the rising demand for unmanned hybrid aircraft in military and national security project is expected to propel the growth of segment over the forecast period. 

Browse the full " Hybrid Aircraft Market by (Type (Dynastats and Rotastats); Technology (Manned Hybrid Aircraft and Unmanned Hybrid Aircraft); Application (Automotive (Commercial Tours, Surveillance, Research, Cargo Transport, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2017 – 2025" report at https://www.zionmarketresearch.com/report/hybrid-aircraft-market

The increasing environment concern owing to increasing emission from commercial transports is generating demand for hybrid aircraft globally.  The emissions from commercial transport account for about 1.5% of the global carbon dioxide footstep, and this is expected to increase in coming years. The Hybrid aircraft is non-rigid, with no internal structure providing its shape, and it is heavier than air. The fuel consumption of hybrid aircraft is much lower than commercial aircrafts and 80% of its lift is generated by helium.

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Market Report Highlights

• Dynastats hybrid aircraft dominates segment of the hybrid aircraft market
• The rising demand for unmanned hybrid aircraft military and surveillance is expected to drive the growth of segment over the forecast period
• North America holds the dominant position in the global hybrid aircraft market with around 33% share in 2017
• The U.S. is the leading country in the hybrid aircraft market in North America
• China, Japan, South Korea are some of the leading countries that contribute the major share in the hybrid aircraft market in the Asia Pacific
• The limited adoption rate of the hybrid aircraft in the Latin Americas is one of the major concern for industry participants
• In several domains, there is an increasing demand for the Dynastats thus contributing a dominant share in the hybrid aircraft market.

According to the observations made by our analysts and by the suggestions made by the industry experts, it was found that unmanned hybrid aircraft will open up many opportunities for the hybrid aircraft market.  The unmanned aircrafts are remotely controlled or self-controlled by onboard computers. The increasing technological advancement and demand for unmanned hybrid aircraft is expected to drive the growth of segment over the forecast period

Some of the prominent market players in the hybrid aircraft market include Egan Airships, Boeing, Aeros, Airbus, Hybrid Air Vehicles, Lockheed Martin, Northrop Grumman, AUGUR-RosAeroSystems, Linstrand Technologies, ILC Dover, Straightline Aviation, Solar Ship Inc., AeroVehicles Inc. among others.

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Global Market Segmentation:

Global Hybrid Aircraft Market: Type Segment Analysis

• Dynastats
• Rotastats

Global Hybrid Aircraft Market: Technology Segment Analysis

• Manned Hybrid Aircraft
• Unmanned Hybrid Aircraft

Global Hybrid Aircraft Market: Application Segment Analysis

• Commercial Tours
• Surveillance
• Research
• Cargo Transport
• Others

Global Hybrid Aircraft Market: Regional Segment Analysis

• North America
  • The U.S.
  • Rest of North America
• Europe
  • France
  • U.K.
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• The Middle East and Africa
  • GCC Countries
  • Southern Africa
  • Rest of Middle East & Africa

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