A hybrid aircraft is a powered aircraft which has fixed wings. Hybrid aircrafts are particularly applicable for long endurance flights. Hybrid aircrafts with rotary wings are used for heavy lift applications. Hybrid aircrafts are primarily operated by electricity. However, during take-off or climb, these aircrafts require large amount of power and this extra power requirement can be supplemented by energy produced from turbine generators. The power produced from turbine generators does not create sound pollution and with the help of hybrid power, these aircrafts can use this excess power to recharge the onboard batteries.
Some of the key market players in the hybrid aircrafts market include:
Airbus, Boeing, Lockheed Martin, Aeros, and Hybrid Air Vehicles.
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Increasing defense expenditure in advanced and emerging economies is utilized to manufacture advanced aircrafts. Rise in geo-political tensions leads countries to strengthen countermeasures to combat any attack from hostile groups and advancement in aviation industry thus flourishes the demand for hybrid aircrafts during the forecast period. Hybrid aircrafts are also utilized for humanitarian missions apart from their substantial usage in warfare. Countries make considerable investment in aerospace and defense to showcase their military supremacy. Initially, the U.S. and Russia invested in hybrid aircrafts; however, this trend spread to other countries as well. Hence, many countries hiking their military expenditure and spending on hybrid aircrafts is expected to lead to accelerating demand for hybrid aircrafts during the forecast period.
There has been growing trend of battery driven aircrafts. Hybrid aircrafts will not only save fuel but it has been seen that these aircrafts are able to reduce gas emissions significantly. With the rising need for energy conservation and environmental protection, hybrid aircrafts are perfect to adhere to the agenda of sustainable development. Considerable research in this field provides an opportunity for the market to grow during the forecast period. Researchers and scientists of NASA are trying to incorporate electric propulsion systems in the engine of hybrid aircrafts (instead of gas engines) to enhance the efficiency of hybrid aircrafts in the coming years.
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