The Electric Glider market, valued at USD 1,578 Million in 2021, is projected to surpass USD 10,916 Million by 2030, indicating a robust CAGR of 24.5%

An electric glider is a lightweight, electrically propelled vehicle designed for short to medium-distance travel. Unlike typical cars, electric gliders run on electric motors and batteries, making them environmentally clean and energy efficient. They are primarily used for urban settings, where their small size allows for easy maneuvering and parking. Electric gliders can be utilized for a variety of purposes, including personal transportation, delivery, and last-mile transportation solutions.

The market has been experiencing dynamic growth, driven by advancements in battery technology and increasing environmental concerns. Key trends include the development of lightweight materials and enhanced aerodynamics, contributing to improved energy efficiency and flight range. Regulatory support for sustainable aviation and reduced carbon emissions is fostering innovation and attracting investments.

Electric Glider Market Statistics

• The global electric glider market generated USD 1,578 million in 2021 and is anticipated to grow at a strong CAGR of over 24.5% from 2022 to 2030
• North America led the market in 2021, contributing USD 615.4 million in revenue
• The Asia-Pacific region is expected to see significant growth with a CAGR of 26%
• Batteries accounted for the largest share by source, representing a significant portion of the market in 2021
• The fixed-wing electric glider sub-segment dominated the market, achieving a notable share in 2021
• A discernible trend in the electric glider market is rapid growth due to increasing demand for eco-friendly aviation solutions and advancements in battery technology

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Electric Glider Market Dynamics

The Increasing Demand for Eco-Friendly Transportation Solutions Fuels the Electric Glider Market Value

The growing awareness of environmental issues and the impact of traditional cars on air quality has resulted in an increase in demand for eco-friendly transportation alternatives, which is considerably propelling the electric glider market. Government programs promoting green mobility and providing incentives for electric vehicle adoption bolster this trend. For instance, World Sustainable Transport Day will be celebrate for the first time in 2023, following the passage of a resolution by the United Nations General Assembly at its 77th session. The observance highlights the critical importance of safe, affordable, accessible, and sustainable transportation networks for all in promoting long-term economic growth, boosting people's social welfare, and strengthening international collaboration and trade among countries.

Expanding Urban Infrastructure and Charging Networks Offer Significant Electric Glider Market Opportunity

Expanding urban infrastructure and charging networks represent a big opportunity for the electric glider market, increasing the feasibility of electric transportation solutions. For instance, according to data given by China's Ministry of Transport in June 2023, China had erected 18,590 public chargers beside roads, representing less than 2% of the nation's total public charger stock ("Nearly 90% of highway service centers," 2023). As towns grow and update their infrastructure, more charging stations become necessary, making electric gliders more accessible to consumers. The growing availability of charging sites reduces range anxiety, enabling more individuals to use electric gliders for their daily trips. As a result, expanding infrastructure is likely to stimulate increased sales and adoption of electric gliders in metropolitan areas.

Electric Glider Market Segmentation

The global market for electric glider has been segmented into source, platform, type, end-use, and region.

• Source is classified into battery, fuel cells, solar cells, ultra-capacitor, and others
• Platform are divided into rotary wing electric glider, and fixed wing electric glider
• Type are categorized into manned, and unmanned
• End-use industry are sub-segmented into commercial, and military
• The electric glider market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa

Electric Glider Market Regional Outlook

In terms of electric glider market analysis, North America is currently the leading region in the market. This dominance is driven by advanced technology, high consumer demand, and significant investment in electric mobility solutions. Countries like the United States and Canada are focusing on reducing carbon emissions and promoting sustainable transportation. Additionally, well-established infrastructure and strong regulatory support further boost the market growth in this region. For instance, according to Council on Foreign Relations, in November 2021, Congress approved an unprecedented investment in US infrastructure, including hundreds of billions of dollars in new spending.

The Asia-Pacific region is expected to experience significant expansion in the market in the coming years. This expansion is being driven by increased urbanization, and heightened awareness of environmental issues. Countries like India, China and Japan are making significant investments in electric car technology and infrastructure development. For instance, India is on course to become the world's largest EV market by 2030, with increased investment expected over the next 8-10 years. According to IBEF, the Indian EV battery market is expected to grow from US$ 16.77 billion in 2023 to an impressive US$ 27.7 billion in 2028. As countries tighten emission laws, more people are likely to turn to electric gliders as a feasible mode of transportation.

Electric Glider Market Players

Electric glider companies profiled in the report include Siemens AG, Nidec Corporation, The Boeing Company, Alisport Swiss Sagl, DG Flugzeugbau GmbH, Raytheon Company, SOLO Vertriebs- und Entwicklungs GmbH, Alisport Swiss Sagl, Alternair, Tangent Aircraft Solutions, and Airbus S.A.S.

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