Delray Beach, FL, March 13, 2025 (GLOBE NEWSWIRE) -- The Hybrid Aircraft Market size is estimated to grow from USD 1.2 billion in 2023 to USD 13.2 billion by 2030, at a CAGR of 41.6% from 2023 to 2030. The Hybrid Aircraft Market is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.

Hybrid-electric aircraft can have faster charging times compared to traditional aircraft refueling processes, which can be advantageous for airlines running frequent short-haul flights. This reduces turnaround times at airports, enabling more efficient flight scheduling and improved utilization of aircraft. Short-haul flights serve regional markets, connecting smaller cities and remote locations that may not have the infrastructure to accommodate large airports. Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development.

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List of Players in the Hybrid Aircraft Industry:

• Airbus (France),
• Embraer (Brazil),
• Zeroavia (US),
• Textron, Inc. (US),
• Ampaire Inc. (US), and among others

Based on System, the electric motor's segment is projected to have the second highest share in 2023

Based on system, the hybrid aircraft market has been segmented into Batteries & Fuel Cells, Electric Motors, Generators / Engines, Aerostructures, Avionics, Software and Others. Electric motors are used for propulsion, they weigh less than their piston-engine counterparts and in smaller aircraft they are used for shorter flights. These motors can improve the disparity between electric and gasoline energy densities. Electric motors are also used in flight control systems, environmental control systems, avionics systems, door actuation systems, landing and braking systems, and interior cabin systems. Replacing conventionally heavy hydraulic and pneumatic systems with electric motor run distribution systems allows aircraft to reduce their overall weight. Thus, the growth of electric motor segment is due to better power to weight ratio during the forecast period.

Based on lift technology, the STOL segment of the market is projected to grow at the second highest CAGR from 2023 to 2030.

Based on Lift Technology, hybrid-electric aircraft has been segmented into CTOL, STOL and VTOL.  A short take-off and landing (STOL) aircraft have short runway requirements for take-off and landing. The requirement of a runway for STOL is nearly 1200m and there have been developments on aircraft that would require a runway as short as 600 m for taking off and landing. These aircraft could use vectored thrusts and hybrid wing type as a lift plus cruise for taking off and landing. Companies Like Plana (South Korea) and Electra aero (US) are developing aircraft that have STOL capabilities. The increasing requirement in shorter take-off for hybrid aircraft will drive the STOL Segment during the forecast period.

Europe is expected to account for the highest CAGR in the forecasted period.

Europe is estimated to account for the highest CAGR in the forecasted period. The market growth in this region is expected to be fuelled by an advancement in technology and investments in hybrid aircraft during the forecast period. The major countries considered under this region are the UK, France, Germany, Italy, Russia and Rest of Europe. The key factor responsible for Europe leading the hybrid aircraft market is the high demand for new modes of transportation in the region. The growing demand for hybrid aircraft for commercial applications and their increasing utility in the civil sector to carry out transport and logistics activities are additional factors influencing the growth of the Europe Hybrid Aircraft market.

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Hybrid Aircraft Market Dynamics:

Opportunity: sustainable development

Sustainable development is a major opportunity for the hybrid aircraft market in which sustainable development refers to the alignment of hybrid aircraft with the principles of sustainability, which encompasses environmental, social, and economic considerations. Hybrid aircraft offer various features that support sustainable development goals, making them a promising solution for the aviation industry. Hybrid aircraft, particularly those incorporating electric propulsion, have the potential to significantly reduce carbon emissions and other pollutants compared to traditional fossil-fuel-powered aircraft. By using electric motors or alternative fuels, hybrid aircraft can contribute to mitigating climate change and improving air quality, aligning with global efforts to reduce the aviation industry's environmental impact.

Challenges: Supply chain integration

Supply chain integration is a challenge for the hybrid aircraft market due to the complexity and uniqueness of hybrid aircraft components and technologies. Hybrid aircraft incorporate various advanced systems, such as electric propulsion, fuel cells, SAF, conventional engines, batteries, power management, and lightweight materials, which may come from different suppliers. Coordinating the sourcing, production, and integration of these components requires seamless collaboration among multiple stakeholders, and any disruptions in the supply chain can impact production schedules and overall program timelines. Hybrid aircraft require components from multiple suppliers, each specializing in different technologies.

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