Global Electric VTOL (eVTOL) Aircraft Market Growth 2023-2029

Global Electric VTOL (eVTOL) Aircraft Market Growth 2023-2029

EVTOL (electric vertical takeoff and landing) is a type of aircraft that uses electric power to hover, take off, and land vertically. This technology came about thanks to major advances in electric propulsion (motors, batteries,electronic controllers) and the growing need for new vehicles for urban air mobility (air taxi).Evtol is an electric aircraft that is distinguished by electrification, automated control and the possibility of vertical take-off and landing.Due to its efficiency,noiselessness and the fact that a small “patch” of ground is enough for vertical take-off and landing,Evtol craft can make flights a common form of movement of earthlings in space.The electric vtol (EVTOL) aircraft industry can be broken down into several segments,electric,hydrogen fuel cell,hybrid,etc.Across the world,the major players cover volocopter gmbH,beta technologies,embraer S.A.,Lilium GmbH,Archer Aviation,Joby Aviation, Jaunt Air Mobility,Wisk,Airbus,Ehang,etc.

LPI (LP Information)' newest research report, the “Electric VTOL (eVTOL) Aircraft Industry Forecast” looks at past sales and reviews total world Electric VTOL (eVTOL) Aircraft sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric VTOL (eVTOL) Aircraft sales for 2023 through 2029. With Electric VTOL (eVTOL) Aircraft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric VTOL (eVTOL) Aircraft industry.

This Insight Report provides a comprehensive analysis of the global Electric VTOL (eVTOL) 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 VTOL (eVTOL) Aircraft portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric VTOL (eVTOL) Aircraft market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric VTOL (eVTOL) 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 VTOL (eVTOL) Aircraft.

The global Electric VTOL (eVTOL) Aircraft market size is projected to grow from US$ 12 million in 2022 to US$ 20430 million in 2029; it is expected to grow at a CAGR of 20430 from 2023 to 2029.

EHang is one of the world's most important electric vertical take-off and landing (eVTOL) aircraft manufacturers, with a market share of over 85%. Asia-Pacific is the largest market with about 90% share. In terms of type, all-electric is the largest market segment, with a market share of over 100%. In terms of application, the aviation tourism sector holds the most shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric VTOL (eVTOL) Aircraft market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
All Electric
Hybrid

Segmentation by application
Air Tour
Medical Emergency Transportation
Logistics Transportation
Traffic Travel

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 analyzing the company's coverage, product portfolio, its market penetration.
Ehang

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric VTOL (eVTOL) Aircraft market?

What factors are driving Electric VTOL (eVTOL) Aircraft market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric VTOL (eVTOL) Aircraft market opportunities vary by end market size?

How does Electric VTOL (eVTOL) Aircraft break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.