FutureFlight On The Radar
Hybrid Aircraft Market Will Generate $10 Billion in 2035, Analysts Predict
A new report issued by analysts at Allied Market Research projects the global hybrid aircraft market will generate $1.9 billion of revenue in 2025, when several hybrid aircraft are expected to enter service.

As the aviation industry looks to achieve net-zero carbon emissions by 2050, new battery-electric and hydrogen-powered aircraft could be the most effective solutions for reducing its dependence on fossil fuels in the long term. But in the short term, the market for hybrid-electric aircraft could prove to be more fruitful. 

A new report issued by analysts at Allied Market Research projects the global hybrid aircraft market will generate $1.9 billion of revenue in 2025, when several hybrid aircraft are expected to enter service. By 2035 that number is projected to increase more than fivefold to $10.2 billion, with a compound annual growth rate of 18.2 percent. According to the report, the aviation industry is “witnessing a surge in demand for hybrid aircraft that offer reduced emissions and operational efficiency with increased awareness of environmental impact.”