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eVTOL Aircraft Market Size At Around US$ 35.79 Bn In 2032

The eVTOL aircraft market would grow at a CAGR of 12.37% over the predicted time frame. The market is expected to increase in value from US$ 11.15 Bn in 2022 to US$ 35.79 Bn in 2032.

eVTOL Aircraft Market Size 2023 To 2032

The on eVTOL aircraft Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.

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A recent report provides crucial insights along with application based and forecast information in the Global EVTOL aircraft Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the EVTOL aircraft market.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.

Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global EVTOL aircraft market are included as given below:

EVTOL aircraft Market Key Players

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

Market Segments

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

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Report Objectives

  • To define, describe, and forecast the global eVTOL aircraft market based on product, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
  • To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the eVTOL aircraft market

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

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