Global eVTOL Aircraft Market Growth 2023-2029

Global eVTOL Aircraft Market Growth 2023-2029

It is a trajectory-independent technical solution that meets our transportation needs. They can make use of the potential that traditional engine airplanes can't play in urban areas. They have the advantages of strong operability, high efficiency, improved environment and reduced noise. Therefore, a new generation of innovators are working on developing approximately 260 advanced eVTOL concepts, striving to bring urban air traffic to life.

A series of new multi-rotor, fixed-wing and tilt-wing air taxi concepts loaded with sensors, cameras and radars are being developed to autonomously connect cities and even regions.

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

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

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

The global eVTOL Aircraft market size is projected to grow from US$ 36 million in 2022 to US$ 272.2 million in 2029; it is expected to grow at a CAGR of 272.2 from 2023 to 2029.

Global eVTOL Aircrafts key players include Ehang.

China is the largest market, with a share over 45%, followed by North America and Europe, both have a share over 50 percent.In terms of product, Electric is the largest segment, with a share nearly 100%. And in terms of application, the largest application is Air Tour, followed by Medical Emergency Transportation, Logistics Transportation, etc.

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

Market Segmentation:

Segmentation by type
Fully Electric eVTOL Aircraft
Hybrid eVTOL Aircraft

Segmentation by application
Civil
Military

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.
Airbus
Lilium
Bell Helicopter
Aurora Flight Sciences
Embraer
Ehang
Volocopter
Workhorse Group
Pipistrel
Kitty Hawk Corporation
Karem Aircraft
Lift Aircraft

Key Questions Addressed in this Report

What is the 10-year outlook for the global eVTOL Aircraft market?

What factors are driving eVTOL Aircraft market growth, globally and by region?

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

How do eVTOL Aircraft market opportunities vary by end market size?

How does 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.