What is the overall scope of the global electric and hybrid aircraft propulsion system market?

The global market for electric and hybrid aircraft propulsion systems reached a valuation of USD 1.98 billion in 2023.

What is the anticipated growth rate of the global electric and hybrid aircraft propulsion system market during the study period?

The expected growth of the global electric and hybrid aircraft propulsion system market is forecasted to be approximately 24.61% from 2024 to 2030.

What are the segments covered in the report for the global electric and hybrid aircraft propulsion system market?

The report segments the global electric and hybrid aircraft propulsion system market based on Propulsion Type (All-Electric Propulsion, Hybrid-Electric Propulsion) and Application (Civil Aircraft, Military Aircraft).

What are the potential forthcoming trends and opportunities in the global electric and hybrid aircraft propulsion system market?

The electric and hybrid aircraft market presents significant opportunities due to its alignment with sustainable development principles, encompassing social, environmental, and economic factors.

How has the COVID-19 pandemic impacted the global electric and hybrid aircraft propulsion system market?

The COVID-19 outbreak significantly influenced the growth trajectory of the global market for electric and hybrid aviation propulsion systems. However, there has been a resurgence in demand post the easing of pandemic-related restrictions.