Electric Vertical Take Off And Landing Evtol Aircraft Market

Electric Vertical Take-off and Landing (eVTOL) Aircraft - Global Market Outlook (2019-2027)

4.8 (92 reviews)
Published: September 2020 ID: SMRC19944
4.8 (92 reviews)
Published: September 2020 ID: SMRC19944

This report covers the impact of COVID-19 on this global market

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.

Electric Vertical Take-off and Landing (eVTOL) Aircraft - Global Market Outlook (2019-2027)

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 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

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