Global Electric Conventional Takeoff and Landing (eCTOL) Aircraft Market Growth 2024-2030
An Electric Conventional Takeoff and Landing (eCTOL) Aircraft is an electrically powered aircraft that follows the conventional takeoff and landing procedures, similar to traditional airplanes. Unlike its vertical takeoff and landing (VTOL) counterpart, eCTOL aircraft require a runway for takeoff and landing. These aircraft maintain the familiar fixed-wing design of conventional airplanes but are powered by electric propulsion systems, contributing to reduced carbon emissions and environmental sustainability.
The global Electric Conventional Takeoff and Landing (eCTOL) Aircraft market size is projected to grow from US$ 2155 million in 2024 to US$ 6594 million in 2030; it is expected to grow at a CAGR of 20.5% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Electric Conventional Takeoff and Landing (eCTOL) Aircraft Industry Forecast” looks at past sales and reviews total world Electric Conventional Takeoff and Landing (eCTOL) Aircraft sales in 2023, providing a comprehensive analysis by region and market sector of projected Electric Conventional Takeoff and Landing (eCTOL) Aircraft sales for 2024 through 2030. With Electric Conventional Takeoff and Landing (eCTOL) Aircraft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Conventional Takeoff and Landing (eCTOL) Aircraft industry.
This Insight Report provides a comprehensive analysis of the global Electric Conventional Takeoff and Landing (eCTOL) Aircraft landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Conventional Takeoff and Landing (eCTOL) Aircraft portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Conventional Takeoff and Landing (eCTOL) Aircraft market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Conventional Takeoff and Landing (eCTOL) Aircraft and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Conventional Takeoff and Landing (eCTOL) Aircraft.
According to the International Air Transport Association (IATA), the industry committed to a goal of reducing its net carbon emissions to half of 2005 levels by 2050, fostering a strong demand for electric aircraft. According to the United Nations, over half of the world's population lives in urban areas, leading to increased traffic congestion. eCTOL aircraft address this issue by offering efficient and direct point-to-point transportation within urban environments. Governments globally are investing in electric aviation. For example, the European Union's Horizon 2020 program allocated significant funds for research and innovation in electric aircraft, stimulating growth in the eCTOL marke.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Conventional Takeoff and Landing (eCTOL) Aircraft market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vectored Thrust
Multirotor
Lift Plus Cruise
Segmentation by Application:
Commercial Aviation
Military and Defense
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Joby Aviation
Vertical Aerospace
Lilium GmbH
Eve Urban Air Mobility
Pipistrel
AeroMobil
Beta Technologies
Kitty Hawk
Archer Aviation
Ampaire
Urban Aeronautics
Volocopter
EmbraerX
Zunum Aero
Wisk Aero
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Conventional Takeoff and Landing (eCTOL) Aircraft market?
What factors are driving Electric Conventional Takeoff and Landing (eCTOL) Aircraft market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Conventional Takeoff and Landing (eCTOL) Aircraft market opportunities vary by end market size?
How does Electric Conventional Takeoff and Landing (eCTOL) Aircraft break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.