World - Airplanes And Other Aircraft - Market Analysis, Forecast, Size, Trends and Insights
Aircraft Market - Airbus Group to Bring Its All-Electric Aircraft to the Market in 2018
Source: Airbus Group
The Airbus Group intends to continue its revolution on the aircraft market in electric aviation with large scale projects planned this year of manufacturing small airplanes powered completely by electric motors and batteries - the E-Fan airplanes. A development type E-Fan has already allowed Airbus Group Innovations to make significant improvements in electric aircraft research and technologies.
This aircraft model was first revealed at the Paris Air Show two years ago. More than X successful E-Fan test flights have since been performed. Many improvements were made for its recent breakthrough Channel-crossing, which required new, more powerful Lithium-ion batteries, as well as a change-out of the electric controllers converting the batteries' direct current to the alternating current required by the motors.
The Airbus Group, in addition to investments made by its partners, is going to invest €X million in the design and development of the E-Fan X airplane. Once the specialists decide on the main characteristics and features (which is planned to occur by the middle of 2016), the team will be ready to start manufacturing the world's first all-electric aircraft certified to international airworthiness standards. The E-Fan X aircraft is expected to reach the market in 2018.
Overall, France dominates in the global airplane and other aircraft trade. In 2014, France exported X units of airplanes and other aircraft totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total airplanes and other aircraft exports in value terms, accounting for X% of Germany's total imports.
From 2007 to 2014, France was a net exporter of airplanes and other aircraft. Over the period under review, exports consistently exceeded imports in value terms However, in physical terms, the difference was less pronounced.
Germany and Canada were among the other main global suppliers of airplanes and other aircrafts in 2014. However, the fastest growing exporters from 2007 to 2014 were India (+X% per year) and China (+X% per year). The shares of the U.S. (-X%), Italy (-X%), Brazil (-X%) и Switzerland (-X%) illustrated negative dynamics.
France's top X trading partners in 2014 were Germany, China, the U.S., the Philippines and the United Kingdom, with a combined X% share of France's exports. The share of Germany increased significantly (+X percentage points), while the share of the U.S. illustrated negative dynamics (-X percentage points).
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