While few all-electric aircraft have entered service, a new report is estimating the size for the emerging market to reach $9.566 billion by 2027, up from just $9.45 million in 2021, representing a 4.6 percent compound annual growth rate.
The market research, released by Valuates Reports, cites multiple factors for the swelling values such as ramping up on aircraft deliveries coupled with the lower operating and maintenance costs that electric aircraft will present. According to the company, the 2021 revenues were entirely accounted for by reported pre-certification sales of EHang's EH216 eVTOL aircraft.
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