Soaring fuel prices have become a rising concern for aviation companies, impelling them to look for alternatives to conventional fuel sources. Thus, the focus on electrical energy as an efficient and eco-friendly alternative to conventional fuel may boost the global electric aircraft market demand over the forecast period. Electric aircrafts aid in reducing air, noise & ground pollution. This results in diminishing hazards of global warming, which is expected to drive the global electric aircraft market demand. Electric aircrafts are highly innovative with respect to technology and functioning. For example, helicopters can exercise safety control, while landing despite any engineering failures with the help of electric backup. This serves as a key driving force to the global electric aircraft market.
http://www.grandviewresearch.com/industry-analysis/the-global-electric-aircraft-market
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