Global Lift and Cruise Type eVTOL Market Growth 2024-2030
The Lift and Cruise Type eVTOL retains many characteristics of traditional fixed-wing aircraft while offering greater cabin layout flexibility. During hover and low-speed flight, the aircraft operates in vertical take-off and landing mode. As speed increases, the rotor speed gradually decreases until they stop, at which point the wings take over to provide lift, with forward thrust managed by a propeller system. The hybrid wing configuration allows for higher flight speeds and reduced vibration levels, improving maneuverability. However, it also has drawbacks, including increased structural weight and additional drag.
The global Lift and Cruise Type eVTOL market size is projected to grow from US$ 625 million in 2024 to US$ 8873 million in 2030; it is expected to grow at a CAGR of 55.6% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Lift and Cruise Type eVTOL Industry Forecast” looks at past sales and reviews total world Lift and Cruise Type eVTOL sales in 2023, providing a comprehensive analysis by region and market sector of projected Lift and Cruise Type eVTOL sales for 2024 through 2030. With Lift and Cruise Type eVTOL sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lift and Cruise Type eVTOL industry.
This Insight Report provides a comprehensive analysis of the global Lift and Cruise Type eVTOL 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 Lift and Cruise Type eVTOL portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lift and Cruise Type eVTOL market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lift and Cruise Type eVTOL 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 Lift and Cruise Type eVTOL.
United States market for Lift and Cruise Type eVTOL is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Lift and Cruise Type eVTOL is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Lift and Cruise Type eVTOL is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Lift and Cruise Type eVTOL players cover Archer, Vertical Aerospace, Beta Technologies, Wisk, Boeing, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Lift and Cruise Type eVTOL market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Electric
Hybrid
Segmentation by Application:
Urban Air Mobility
Cargo Delivery
Other
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.
Archer
Vertical Aerospace
Beta Technologies
Wisk
Boeing
EHang Intelligent
Volant
ZeroG
Autoflight
Aerofugia
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lift and Cruise Type eVTOL market?
What factors are driving Lift and Cruise Type eVTOL market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lift and Cruise Type eVTOL market opportunities vary by end market size?
How does Lift and Cruise Type eVTOL break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.