Market Share of Hybrid Aircraft Industry
The hybrid aircraft market is fragmented in nature. RTX Corporation, Textron Inc., General Electric Company, Airbus SE, and Safran SA are some of the prominent market players.
These players have adopted strategies such as new product launches to increase their market share and maintain dominant shares in different regions. These companies are mainly into designing, manufacturing, and integrating complete electric aircraft systems for all application platforms.
The market studied is highly competitive and is still evolving. Hence, to gain a competitive advantage and effectively conduct extensive R&D to develop sophisticated systems based on the hybrid aircraft architecture, long-term collaborations are preferred in the whole supply chain. This poses a threat to new market entrants for participating in commercial aircraft programs.
Hybrid Aircraft Market Leaders
-
RTX Corporation
-
Textron Inc.
-
General Electric Company
-
Airbus SE
-
Safran SA
*Disclaimer: Major Players sorted in no particular order
