April 20, 2024

eVTOL Aircraft Market Size To Cross USD 35.79 Bn By 2032

The global eVTOL aircraft market size accounted for US$ 11.15 Bn in 2022 and is projected to reach around USD 35.79 Bn by 2032, growing at a CAGR of 12.37% from 2023 to 2032.

eVTOL Aircraft Market Size 2023 To 2032

Report Summary

The global eVTOL aircraft market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the eVTOL aircraft market across the globe.

A comprehensive estimate on the eVTOL aircraft market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of eVTOL aircraft during the forecast period. Price point comparison by region with global average price is also considered in the study.

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eVTOL Aircraft Market Report Scope 

Report CoverageDetails
Market Size in 2023USD 12.53 Billion
Market Size by 2032USD 35.79 Billion
Growth Rate from 2023 to 2032CAGR of 12.37%
Base Year2022
Forecast Period2023 to 2032
Largest MarketNorth America
Fastest Growing MarketEurope
Segments CoveredBy Lift Technology, By Mode of Operation, By Propulsion Type, By Range, By Application, and By Maximum Take-Off Weight (MTOW)

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized eVTOL aircraft market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

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eVTOL Aircraft Market Players

The report includes the profiles of key eVTOL aircraft market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area

  • Airbus SE
  • Bell Textron, Inc.
  • EHang Holdings Ltd.
  • Elbit Systems) Ltd.
  • Embraer SA
  • Kitty Hawk
  • Joby Aviation
  • Beta Technologies

Market Segmentation

By Lift Technology:

  • Lift Plus Cruise
  • Multirotor
  • Vectored Thrust

By Mode of Operation:

  • Semi-Autonomous
  • Autonomous
  • Piloted

By Propulsion Type:

  • Hybrid-Electric
  • Hydrogen-Electric
  • Battery-Electric

By Range:

  • 200-500 Km
  • 0-200 Km

By Application:

  • Emergency Medical Services (Ems)
    • Medical Cargo Transport
    • Air Ambulance
  • Commercial
    • Delivery Drones
    • Air Taxi
  • Military
    • Combat Mission
    • Cargo Transport

By Maximum Take-Off Weight (MTOW):

  • <250 Kg
  • 250-500 Kg
  • 500-1000 Kg
  • 1000-1500 Kg
  • >1500kg

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on EVTOL Aircraft Market 

5.1. COVID-19 Landscape: EVTOL Aircraft Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global EVTOL Aircraft Market, By Lift Technology

8.1. EVTOL Aircraft Market, by Lift Technology, 2022-2030

8.1.1. Multirotor

8.1.1.1. Market Revenue and Forecast (2022-2032)

8.1.2. Vectored Thrust

8.1.2.1. Market Revenue and Forecast (2022-2032)

Chapter 9. Global EVTOL Aircraft Market, By Mode of Operation

9.1. EVTOL Aircraft Market, by Mode of Operation, 2022-2030

9.1.1. Semi-Autonomous

9.1.1.1. Market Revenue and Forecast (2022-2032)

9.1.2. Autonomous

9.1.2.1. Market Revenue and Forecast (2022-2032)

9.1.3. Piloted

9.1.3.1. Market Revenue and Forecast (2022-2032)

Chapter 10. Global EVTOL Aircraft Market, By Propulsion Type

10.1. EVTOL Aircraft Market, by Propulsion Type, 2022-2030

10.1.1. Hybrid-Electric

10.1.1.1. Market Revenue and Forecast (2022-2032)

10.1.2. Hydrogen-Electric

10.1.2.1. Market Revenue and Forecast (2022-2032)

10.1.3. Battery-Electric

10.1.3.1. Market Revenue and Forecast (2022-2032)

Chapter 11. Global EVTOL Aircraft Market, By Range

11.1. EVTOL Aircraft Market, by Range, 2022-2030

11.1.1. 200-500 Km

11.1.1.1. Market Revenue and Forecast (2022-2032)

11.1.2. 0-200 Km

11.1.2.1. Market Revenue and Forecast (2022-2032)

Chapter 12. Global EVTOL Aircraft Market, By Application

12.1. EVTOL Aircraft Market, by Application, 2022-2030

12.1.1. Emergency Medical Services (Ems)

12.1.1.1. Market Revenue and Forecast (2022-2032)

12.1.2. Commercial

12.1.2.1. Market Revenue and Forecast (2022-2032)

12.1.3. Military

12.1.3.1. Market Revenue and Forecast (2022-2032)

Chapter 13. Global EVTOL Aircraft Market, By Maximum Take-Off Weight (MTOW)

13.1. EVTOL Aircraft Market, by Maximum Take-Off Weight (MTOW), 2022-2030

13.1.1. <250 Kg

13.1.1.1. Market Revenue and Forecast (2022-2032)

13.1.2. 250-500 Kg

13.1.2.1. Market Revenue and Forecast (2022-2032)

13.1.3. 500-1000 Kg

13.1.3.1. Market Revenue and Forecast (2022-2032)

13.1.4. 1000-1500 Kg

13.1.4.1. Market Revenue and Forecast (2022-2032)

13.1.5. >1500kg

13.1.5.1. Market Revenue and Forecast (2022-2032)

Chapter 14. Global EVTOL Aircraft Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.1.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.1.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.1.4. Market Revenue and Forecast, by Range (2022-2032)

14.1.5. Market Revenue and Forecast, by Application (2022-2032)

14.1.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.1.7.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.1.7.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.1.7.4. Market Revenue and Forecast, by Range (2022-2032)

14.1.8. Market Revenue and Forecast, by Application (2022-2032)

14.1.8.1. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.1.9.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.1.9.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.1.9.4. Market Revenue and Forecast, by Range (2022-2032)

14.1.10. Market Revenue and Forecast, by Application (2022-2032)

14.1.11. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.2.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.2.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.2.4. Market Revenue and Forecast, by Range (2022-2032)

14.2.5. Market Revenue and Forecast, by Application (2022-2032)

14.2.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.2.8.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.2.8.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.2.9. Market Revenue and Forecast, by Range (2022-2032)

14.2.10. Market Revenue and Forecast, by Application (2022-2032)

14.2.10.1. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.2.11.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.2.11.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.2.12. Market Revenue and Forecast, by Range (2022-2032)

14.2.13. Market Revenue and Forecast, by Application (2022-2032)

14.2.14. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.2.15.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.2.15.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.2.15.4. Market Revenue and Forecast, by Range (2022-2032)

14.2.16. Market Revenue and Forecast, by Application (2022-2032)

14.2.16.1. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.2.17.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.2.17.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.2.17.4. Market Revenue and Forecast, by Range (2022-2032)

14.2.18. Market Revenue and Forecast, by Application (2022-2032)

14.2.18.1. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.3.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.3.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.3.4. Market Revenue and Forecast, by Range (2022-2032)

14.3.5. Market Revenue and Forecast, by Application (2022-2032)

14.3.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.3.7.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.3.7.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.3.7.4. Market Revenue and Forecast, by Range (2022-2032)

14.3.8. Market Revenue and Forecast, by Application (2022-2032)

14.3.9. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.3.10.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.3.10.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.3.10.4. Market Revenue and Forecast, by Range (2022-2032)

14.3.11. Market Revenue and Forecast, by Application (2022-2032)

14.3.11.1. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.3.12.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.3.12.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.3.12.4. Market Revenue and Forecast, by Range (2022-2032)

14.3.12.5. Market Revenue and Forecast, by Application (2022-2032)

14.3.12.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.3.13.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.3.13.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.3.13.4. Market Revenue and Forecast, by Range (2022-2032)

14.3.13.5. Market Revenue and Forecast, by Application (2022-2032)

14.3.13.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.4.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.4.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.4.4. Market Revenue and Forecast, by Range (2022-2032)

14.4.5. Market Revenue and Forecast, by Application (2022-2032)

14.4.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.4.7.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.4.7.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.4.7.4. Market Revenue and Forecast, by Range (2022-2032)

14.4.8. Market Revenue and Forecast, by Application (2022-2032)

14.4.9. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.4.10.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.4.10.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.4.10.4. Market Revenue and Forecast, by Range (2022-2032)

14.4.11. Market Revenue and Forecast, by Application (2022-2032)

14.4.12. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.4.13.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.4.13.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.4.13.4. Market Revenue and Forecast, by Range (2022-2032)

14.4.13.5. Market Revenue and Forecast, by Application (2022-2032)

14.4.13.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.4.14.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.4.14.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.4.14.4. Market Revenue and Forecast, by Range (2022-2032)

14.4.14.5. Market Revenue and Forecast, by Application (2022-2032)

14.4.14.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.5.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.5.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.5.4. Market Revenue and Forecast, by Range (2022-2032)

14.5.5. Market Revenue and Forecast, by Application (2022-2032)

14.5.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.5.7.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.5.7.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.5.7.4. Market Revenue and Forecast, by Range (2022-2032)

14.5.8. Market Revenue and Forecast, by Application (2022-2032)

14.5.8.1. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Lift Technology (2022-2032)

14.5.9.2. Market Revenue and Forecast, by Mode of Operation (2022-2032)

14.5.9.3. Market Revenue and Forecast, by Propulsion Type (2022-2032)

14.5.9.4. Market Revenue and Forecast, by Range (2022-2032)

14.5.9.5. Market Revenue and Forecast, by Application (2022-2032)

14.5.9.6. Market Revenue and Forecast, by Maximum Take-Off Weight (MTOW) (2022-2032)

Chapter 15. Company Profiles

15.1. Airbus SE

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Bell Textron, Inc.

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. EHang Holdings Ltd.

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Elbit Systems Ltd.

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Embraer SA

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Kitty Hawk

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Joby Aviation

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Beta Technologies

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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