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 100 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 €20 million in the design and development of the E-Fan 2.0 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 2.0 aircraft is expected to reach the market in 2018.
Overall, France dominates in the global airplane and other aircraft trade. In 2014, France exported 830 units of airplanes and other aircraft totaling 47,286 million USD, 1% over the previous year. Its primary trading partner was Germany, where it supplied 33% of its total airplanes and other aircraft exports in value terms, accounting for 80% 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 (+470% per year) and China (+30% per year). The shares of the U.S. (-32%), Italy (-6%), Brazil (-4%) и Switzerland (-3%) illustrated negative dynamics.
France's top 5 trading partners in 2014 were Germany, China, the U.S., the Philippines and the United Kingdom, with a combined 60% share of France's exports. The share of Germany increased significantly (+30 percentage points), while the share of the U.S. illustrated negative dynamics (-11 percentage points).
Do you want to know more about the global aircraft market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- aircraft market share
- aircraft prices
- aircraft industry
- aircraft sales
- aircraft market forecast
- aircraft price forecast
- key aircraft producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global aircraft market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data