Dublin, Jan. 14, 2026 (GLOBE NEWSWIRE) — The “Aircraft Electrification Market Report 2026” has been added to ResearchAndMarkets.com’s offering.
The aircraft electrification market has been witnessing rapid expansion and is projected to grow from $7.33 billion in 2025 to $8.28 billion in 2026, reflecting a compound annual growth rate (CAGR) of 12.9%. This growth can be attributed to regulatory pressures to curb aviation emissions, rising fuel costs leading to advancements in alternative propulsion systems, and increased investments in hybrid-electric aircraft technologies.
Forecasts suggest the market will soar further, reaching $12.65 billion by 2030 at a CAGR of 11.2%. Key growth drivers include the adoption of hybrid and electric propulsion systems in aviation, advancements in high-energy-density batteries, and expanded government incentives supporting sustainable aviation. Significant trends are noted in the adoption of modular electric systems, lightweight motors, and solar-assisted power systems.
The imperative to reduce carbon footprint is a major market driver. A recent analysis by Earth System Science Data expects global aviation emissions to surge by 28% from 2022, underscoring the necessity for electrification to mitigate environmental impact. Companies like Honeywell are leading the charge with innovations such as a 1-megawatt generator for FLYING WHALES’ heavy-lift hybrid-electric airship, demonstrating integration of electric and turbine power with sustainable aviation fuels.
Strategic industry movements include Ampaire Inc.’s acquisition of Magpie Aviation Inc. in March 2024, aimed at enhancing hybrid propulsion capabilities by leveraging Magpie’s avant-garde technologies and expanding market presence. This acquisition bolsters Ampaire’s role as a leader in electrified aviation, extending its reach in both commercial and defense sectors.
Prominent market players include Safran S.A., Thales Group, Raytheon Technologies, and Honeywell International Inc., with notable activity in North America, the chief region in 2025. However, Asia-Pacific is anticipated as the fastest-growing region by 2030, driven by cross-border supply chain initiatives and localized manufacturing of components like advanced batteries and power systems. Tariffs have increased production costs but encouraged domestic manufacturing, potentially offering long-term market benefits.
The report also highlights the adverse and beneficial impacts of trade relations and tariffs on market dynamics, underscoring the importance for companies to adapt strategies to maintain competitiveness. Key markets detailed in the report include the USA, China, Germany, and Japan among others, outlining valuable insights on market shares, trends, and opportunities for stakeholders.
The aircraft electrification market, characterized by sales of various hybrid systems, is positioned as a pivotal environmental solution, emphasizing the transition from fuel to electricity for improved sustainability. Moving forward, the focus remains on more electric, hybrid electric, and fully electric systems across platforms including fixed-wing, rotary-wing, and UAVs. This market bears significant implications for the future of aviation and environmental stewardship.
Market Insights Include:
- Detailed analysis of market characteristics, identifying key player innovations and market differentiators.
- A comprehensive review of the supply chain, illustrating critical resources and supplier roles.
- Exploration of emerging technology trends such as digital transformation and AI, with strategic guidance for leveraging these advancements.
- Insight into regulatory and investment landscapes, assessing frameworks and capital flows influencing industry growth.
- Quantitative and qualitative analysis of market attractiveness, offering a scoring framework that incorporates growth potential and competitive dynamics.
- Regional and country-specific breakdowns, reflecting on historical trajectories and future predictions.
- Expanded geographical insights, focusing on markets in Taiwan and Southeast Asia amidst shifting manufacturing landscapes.
- A competitive landscape assessment, highlighting market share and key players’ strategic maneuvers.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2026 – 2030 |
| Estimated Market Value (USD) in 2026 | $8.28 Billion |
| Forecasted Market Value (USD) by 2030 | $12.65 Billion |
| Compound Annual Growth Rate | 11.2% |
| Regions Covered | Global |
Companies Featured
- Safran S.A.
- Thales Group
- Raytheon Technologies
- General Electric Company
- BAE Systems
- Honeywell International Inc
- Moog Inc
- Textron Inc
- Eaton
- EaglePicher Technologies
- Ge India
- Nabtesco Corporation
- The Boeing Company
- Airbus Se
- Catl
- Byd Auto
- Electroflight
- Transair Flight Equipment
- Custom Cells Itzehoe Gmbh
- Saft Company
- Wamtechnik Sp. Z O.O.
- Zenith Aircraft Company
- Beta Technologies
- Heart Aerospace
- Universal Hydrogen
- Wright Electric
- Magnix
- Ampaire
- Bye Aerospace
- Embraer S.A
- Desaer
- Collins Aerospace
- Zeroavia
- Agusta Westland
For more information about this report visit https://www.researchandmarkets.com/r/zein5r
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- Aircraft Electrification Market
