The “eVTOL Aircrafts – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offerings, projecting the global eVTOL market to grow from $1.2 billion in 2023 to $17.7 billion by 2030, with a CAGR of 47.5%. This detailed report explores market trends, drivers, and forecasts, enabling informed business decisions.
Key drivers include the rising demand for efficient urban transport solutions to address congestion, along with advances in battery technology, electric propulsion, and autonomous systems, making eVTOLs viable for urban air mobility. Growing emphasis on sustainable, low-emission transportation and government support further fuels this market, with substantial investments from private and public sectors.
Why eVTOL Aircraft for Urban Mobility?
eVTOLs promise fast, eco-friendly travel in urban areas, helping to alleviate congestion and lower emissions. These aircraft can take off and land vertically, ideal for cities where runway space is limited.
How Tech Advancements Are Shaping eVTOL Development
New battery technologies and electric propulsion systems enhance range, efficiency, and safety. Distributed electric propulsion (DEP) improves safety through redundancy, while autonomous flight systems enable precise navigation with less pilot input.
Trends Driving eVTOL Demand
Demand for urban air mobility, sustainable transport, and public-private collaboration on urban air mobility infrastructure are boosting eVTOL adoption.
Key Insights:
- Market Growth: Vectored Thrust technology segment to reach $8.3 billion by 2030, growing at a CAGR of 47.8%; Multirotor segment at 44.8%.
- Regional Growth: U.S. market valued at $317.2 million in 2023; China’s market projected to reach $4.8 billion by 2030 with a CAGR of 58.1%.
Report Highlights:
- Comprehensive global market data and forecasts
- Detailed regional analysis, including U.S., China, and Europe
- Profiles of leading companies like Airbus, Archer, and Beta Technologies
- One year of complimentary updates
Core Topics Covered:
- Market trends and drivers
- Technology and regulatory developments
- Key competitors and market shares
- Future growth projections and opportunities
Featured Companies:
Airbus, Archer Aviation, Beta Technologies, Joby Aviation, Lilium, Volocopter, and others.
