Evtol Aircraft Market Scope And Analysis

  • Report Code : TIPRE00007568
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 182
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eVTOL Aircraft Market Outlook and Scope 2031

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eVTOL Aircraft Market Report Scope

Report Attribute Details
Market size in 2024 US$ 519.81 Million
Market Size by 2028 US$ 1,756.28 Million
Global CAGR (2024 - 2028) 35.6%
Historical Data 2021-2022
Forecast period 2024-2028
Segments Covered By Lift Technology
  • Multirotor
  • Lift Plus Cruise
  • Vectored Thrust
By Propulsion Type
  • Hybrid
  • Fully Electric
  • Electric Hydrogen
By Application
  • Air Taxi; Cargo Transport; Last Mile Delivery; Critical Missions; Inspection
  • Surveying
  • Mapping; Others
By Operation Mode
  • Piloted
  • Optionally Piloted
  • Autonomous
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Airbus
  • Bell Textron Inc
  • Boeing
  • Eve Air Mobility
  • Lilium GmbH
  • Opener
  • EHang
  • BETA Technologies
  • Pipistrel Group
  • The eVTOL aircraft market players are mainly focused on the development of advanced and efficient products, mergers, and partnerships.

    • In 2022, Thales partnered with Eve for eVTOL development. Thales announced to support the development of its eVTOL aircraft in Brazil. The strategic partnership involves a series of joint studies over a twelve-month period, which started in January 2022, on the technical, economic, and adaptable feasibility of a 100% electrically powered aircraft.
    • In 2021, Heart Aerospace partnered with Arennova Aerospace S.A. to co-design the structure for the new ES-19 electric aircraft – an all-electric aircraft designed to carry nineteen passengers on short regional routes. Aernnova Aerospace S.A. will work with Heart's engineers in designing the wing, the fuselage, and the empennage.