eVTOL in Aerospace & Defense - Aerospace Defense & Security

eVTOL in Aerospace & Defense - Aerospace Defense & Security

Summary

Electric vertical take-off and landing (eVTOL) aircraft are a variety of aircraft types that utilize electric power to hover, fly, take off, and land vertically. Driven primarily by a growing demand for urban air mobility or ‘air taxis’ to proliferate short-range air travel in congested cities, this technology has seen growing interest since the United States’ National Aeronautics and Space Administration (NASA) published the ‘Puffin Papers’ in 2009 and 2010. This concept design demonstrated the ability to fly a single-person craft with a Lithium-iron-phosphate battery, and since then there has been a wave of start-ups seeking venture financing, investment from transport companies such as Uber and United Airlines, and established names in the aerospace world launching their own projects or collaborating with smaller firms.

The eVTOL market has seen rapid growth with over 500 designs publicized since 2011. NASA anticipates that in the near to mid-term, the potential of electric aircraft for large, international commercial aviation lies with hybrid-electric propulsion due to the limitations of contemporary batteries. However, within that same timeframe, it is expected that small, all-electric eVTOL aircraft will become a reality for short-range commercial air travel, business aviation, emergency service, cargo, and potential military applications. There is competitive development in battery chemistry and technology to produce viable efficiency to provide routine and frequent service for passenger travel, and an emerging regulatory regime will soon come to better define the future of the eVTOL sector.

The eVTOL market has seen rapid growth with over 500 designs publicized since 2011. NASA anticipates that in the near to mid-term, the potential of electric aircraft for large, international commercial aviation lies with hybrid-electric propulsion due to the limitations of contemporary batteries. However, within that same timeframe, it is expected that small, all-electric eVTOL aircraft will become a reality for short-range commercial air travel, business aviation, emergency service, cargo, and potential military applications. There is competitive development in battery chemistry and technology to produce viable efficiency to provide routine and frequent service for passenger travel, and an emerging regulatory regime will soon come to better define the future of the eVTOL sector.

Key Highlights

• Overview of eVTOL technologies
• Studies of emerging trends and their broader impact on the market.
• Analysis of the various military and civilian eVTOL technologies programs currently under development, their history, and projections on future development initiatives.

Scope

• The key technology and commercialisation challenges that the eVTOL industry is facing
• The investment opportunities for prime contractors, suppliers, and institutional investors, across the whole eVTOL value chain are covered.
• Highlights from the range of different sustainability programs currently being undertaken by various defense and aerospace companies.

Reasons to Buy

• Determine potential investment companies based on trend analysis and market projections.
• Gaining an understanding of the market challenges and opportunities surrounding the eVTOL theme.
• Understanding how spending on eVTOL will fit into the overall market and which spending areas are being prioritized.