eVTOL Aircraft Market Industry Perspective, Segments, Report Overview, Comprehensive Analysis, Forecast 2030

eVTOL Aircraft Market Insights

According to MRFR analysis, the Global eVTOL Aircraft Market is expected to register a CAGR of~30.30% from 2022to 2030 and hold a value of over USD 4.46 billion by 2030.

The global eVTOL Aircraft Market refers to the market for electric Vertical Take-Off and Landing (eVTOL) aircraft, which are aircraft that are capable of taking off and landing vertically using electric propulsion. These aircraft are designed to be quieter, more energy-efficient, and have a smaller carbon footprint compared to traditional aircraft. The market is expected to grow rapidly in the coming years due to increased demand for urban air mobility solutions, the need to reduce carbon emissions, and advancements in technology.

The COVID-19 pandemic had impacts on the global eVTOL aircraft market. The pandemic has led to a decrease in air travel, which has resulted in reduced demand for traditional aircraft. This has led to an increased focus on developing new and more sustainable forms of air transportation, including eVTOL aircraft. As a result, some investors and governments have increased their support for the development and deployment of eVTOL technology.

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Regional Analysis

The largest region for the global eVTOL aircraft market is expected to be North America. This is due to a combination of factors, including a large and well-established aerospace industry, strong government support for the development of new technologies, and a growing demand for urban air mobility solutions in major cities such as Los Angeles, New York, and Dallas.

However, other regions such as Europe and Asia-Pacific are also expected to experience significant growth in the eVTOL aircraft market in the coming years, as more companies and governments invest in the development of this technology.

Market Segmentation

The Global eVTOL Aircraft Market has been segmented into type, technique and propulsion.

Based on the type, the market has been segmented into air taxis and delivery drones.

Based on the technique, the market has been segmented into multirotor, vectored thrust and lift plus cruise.

Based on the propulsion, the market has been segmented into piloted and optionally piloted.

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Key Players

Some of the key market players are:

• Bell Textron Inc. (US)
• Workhorse (US)
• Lilium GmbH (Germany)
• TERRAFUGIA (US)
• OXIS Energy Ltd (UK)
• Karem Aircraft Inc. (US)
• MGM COMPRO (Czech Republic).
• Kitty Hawk (US)
• EmbraerX (Brazil)
• LIFT Aircraft Inc. (US)
• Opener (Canada)

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