Electric Vertical Take-off and Landing (eVTOL) Aircraft - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market is accounted for $53.01 million in 2019 and is expected to reach $204.99 million by 2027 growing at a CAGR of 18.4% during the forecast period. Increasing road traffic congestion in urban areas, rapid urbanization, and high demand for efficient transportation systems are some of the factors propelling the growth of the market. However, the absence of regulations, inadequate infrastructure for vertiport stations is hampering the growth of the market.
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The electric vertical takeoff and landing (eVTOL) aircraft is an electric or hybrid aircraft that can hover, take off, and land vertically. The electric vertical takeoff and landing (eVTOL) aircraft is the next generation of autonomous electric aircraft that offers enhanced safety, comfort, and reduced noise.
Based on the lift technology, the vectored thrust segment is anticipated to hold considerable market share during the forecast period owing to the higher endurance and efficiency provided by this technology to eVTOL aircraft and increasing investments from various manufacturers for the use of eVTOL aircraft. By geography, North America is expected to grow at a significant market share during the forecast period due to the presence of key companies combined with the availability of sophisticated technologies to deliver innovative solutions.
Some of the key players profiled in the Electric Vertical Take-off and Landing (eVTOL) Aircraft Market include Aurora Flight Sciences, Workhorse, Volocopter, Pipistrel, Opener, Neva Aerospace, Ehang, Lift Aircraft, Karem Aircraft, Joby Aviation, Embraer, Bell Helicopter, Lilium, A³ By Airbus, and Kitty Hawk.
Types Covered:
• Delivery Drones
• Air Taxis
Ranges Covered:
• 0 to 200 Kilometers
• 200 to 500 Kilometers
Mode of Operations Covered:
• Optionally Piloted
• Piloted
Type of Propulsions Covered:
• Electric Hydrogen
• Electric Hybrid
• Electric Battery/Fully Electric
MTOWs Covered:
• <250 Kilograms
• 250–500 Kilograms
• 500–1,500 Kilograms
• >1,500 Kilograms
Lift Technologies Covered:
• Vectored Thrust
• Multirotor
• Lift Plus Cruise
• Other Lift Technologies
Battery Types Covered:
• Solid-State Batteries
• Lithium-Ion Batteries
• Hydrogen Fuel Cells
Applications Covered:
• Personal eVTOL Aircraft Ownership
• On-demand eVTOL Air Taxi incl. Sightseeing
• eVTOL Rescue Operations
• eVTOL Air Bus
End Users Covered:
• Cargo
• Military
• Commercial/Civil
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Type
5.1 Introduction
5.2 Delivery Drones
5.3 Air Taxis
6 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Range
6.1 Introduction
6.2 0 to 200 Kilometers
6.3 200 to 500 Kilometers
7 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Mode of Operation
7.1 Introduction
7.2 Optionally Piloted
7.3 Piloted
8 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Type of Propulsion
8.1 Introduction
8.2 Electric Hydrogen
8.3 Electric Hybrid
8.4 Electric Battery/Fully Electric
9 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By MTOW
9.1 Introduction
9.2 <250 Kilograms
9.3 250–500 Kilograms
9.4 500–1,500 Kilograms
9.5 >1,500 Kilograms
10 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Lift Technology
10.1 Introduction
10.2 Vectored Thrust
10.3 Multirotor
10.4 Lift Plus Cruise
10.5 Other Lift Technologies
10.5.1 Hoverbikes
10.5.2 Electric Rotorcraft
11 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Battery Type
11.1 Introduction
11.2 Solid-State Batteries
11.3 Lithium-Ion Batteries
11.4 Hydrogen Fuel Cells
12 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Application
12.1 Introduction
12.2 Personal eVTOL Aircraft Ownership
12.3 On-demand eVTOL Air Taxi incl. Sightseeing
12.4 eVTOL Rescue Operations
12.5 eVTOL Air Bus
13 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By End User
13.1 Introduction
13.2 Cargo
13.3 Military
13.4 Commercial/Civil
14 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 Aurora Flight Sciences
16.2 Workhorse
16.3 Volocopter
16.4 Pipistrel
16.5 Opener
16.6 Neva Aerospace
16.7 Ehang
16.8 Lift Aircraft
16.9 Karem Aircraft
16.10 Joby Aviation
16.11 Embraer
16.12 Bell Helicopter
16.13 Lilium
16.14 A³ By Airbus
16.15 Kitty Hawk
List of Tables
1 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Region (2018-2027) ($MN)
2 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Type (2018-2027) ($MN)
3 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Delivery Drones (2018-2027) ($MN)
4 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Air Taxis (2018-2027) ($MN)
5 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Range (2018-2027) ($MN)
6 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By 0 to 200 Kilometers (2018-2027) ($MN)
7 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By 200 to 500 Kilometers (2018-2027) ($MN)
8 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Mode of Operation (2018-2027) ($MN)
9 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Optionally Piloted (2018-2027) ($MN)
10 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Piloted (2018-2027) ($MN)
11 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Type of Propulsion (2018-2027) ($MN)
12 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Electric Hydrogen (2018-2027) ($MN)
13 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Electric Hybrid (2018-2027) ($MN)
14 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Electric Battery/Fully Electric (2018-2027) ($MN)
15 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By MTOW (2018-2027) ($MN)
16 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By <250 Kilograms (2018-2027) ($MN)
17 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By 250–500 Kilograms (2018-2027) ($MN)
18 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By 500–1,500 Kilograms (2018-2027) ($MN)
19 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By >1,500 Kilograms (2018-2027) ($MN)
20 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Lift Technology (2018-2027) ($MN)
21 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Vectored Thrust (2018-2027) ($MN)
22 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Multirotor (2018-2027) ($MN)
23 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Lift Plus Cruise (2018-2027) ($MN)
24 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Other Lift Technologies (2018-2027) ($MN)
25 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Hoverbikes (2018-2027) ($MN)
26 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Electric Rotorcraft (2018-2027) ($MN)
27 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Battery Type (2018-2027) ($MN)
28 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Solid-State Batteries (2018-2027) ($MN)
29 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Lithium-Ion Batteries (2018-2027) ($MN)
30 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Hydrogen Fuel Cells (2018-2027) ($MN)
31 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Application (2018-2027) ($MN)
32 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Personal eVTOL Aircraft Ownership (2018-2027) ($MN)
33 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By On-demand eVTOL Air Taxi incl. Sightseeing (2018-2027) ($MN)
34 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By eVTOL Rescue Operations (2018-2027) ($MN)
35 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By eVTOL Air Bus (2018-2027) ($MN)
36 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By End User (2018-2027) ($MN)
37 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Cargo (2018-2027) ($MN)
38 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Military (2018-2027) ($MN)
39 Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Outlook, By Commercial/Civil (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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