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Electric Vtol Evtol Aircraft Market

Electric VTOL (eVTOL) Aircraft - Global Market Outlook (2019 -2027)

4.5 (23 reviews)
Published: October 2020 ID: SMRC20056
4.5 (23 reviews)
Published: October 2020 ID: SMRC20056

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

According to Stratistics MRC, the Global Electric VTOL (eVTOL) Aircraft Market is accounted for $58.80 million in 2019 and is expected to reach $227.10 million by 2027 growing at a CAGR of 18.4% during the forecast period. Increasing road traffic congestion in urban areas and the need for faster and efficient transportation are the major factors propelling market growth. However, the lack of required infrastructure is hampering the market growth.

 

Electric VTOL (eVTOL) Aircraft - Global Market Outlook (2019 -2027)

 

The Electric VTOL (eVTOL) aircraft is an expression used to explain the type of systems that facilitate on-demand, highly automated, safe, passenger, and cargo-carrying air transportation services in a metropolitan environment for unmanned and manned aircraft systems.

Based on the lift technology, the rotorcraft segment is likely to have a huge demand due to it is a heavier-than-air flying machine that lifts into the air with the help of rotary blades or wings. Rotorcraft requires one or more motors to supply the thrust to the aircraft throughout the flight. Rotorcrafts are mainly classified into two types- single rotor and multi-rotor.

By geography, the Asia Pacific is estimated to have a lucrative growth due to growing investments by leading eVTOL and drone manufacturers to develop urban air mobility in the region. Moreover, increasing demand for automation and globalization in countries such as China, India, Japan, is positively influencing the growth of the market.

Some of the key players profiled in the Electric VTOL (eVTOL) Aircraft Market include Airbus S.A.S, Airspace Experience Technologies, Aurora Flight Sciences, Bell Aircraft Corporation, EHANG, Embraer, Karem Aircraft, Lilium, Neva Aerospace, Opener, Pipistrel, Porsche, The Boeing Company, Volocopter, and Workhorse Group.

Propulsion Types Covered:
• Hybrid 
• Electric Hydrogen 
• Fully Electric 

Lift Technologies Covered:
• Rotorcraft
• Lift Plus Cruise
• Vectored Thrust
• Hoverbikes

Mode of Operations Covered:
• Optionally Piloted
• Piloted

Components Covered:
• Battery
• Global Positioning System (GPS)/Global Navigation Satellite System (GNSS)
• Inertial Navigation System (INS)/Inertial Measurement Unit (IMU)
• Motor
• Airframes
• Camera
• LIDAR
• Radar
• Sensors

MTOWs Covered:
• <250 Kg
• 250-500 Kg
• 500-1,500 Kg
• Above 1,500 Kg

Ranges Covered:
• 0-200 Km
• 200–500 Km

Applications Covered:
• Urban Air Mobility (UAM)/Air Taxis 
• Regional Air Mobility (RAM) 
• Air Ambulance 
• Cargo Aerial Vehicle 
• Personal Air Vehicle 
• Delivery Drones 

End Users Covered:
• Government and Military 
• Commercial 

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

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 VTOL (eVTOL) Aircraft Market, By Propulsion Type              
 5.1 Introduction             
 5.2 Hybrid             
 5.3 Electric Hydrogen             
 5.4 Fully Electric             
               
6 Global Electric VTOL (eVTOL) Aircraft Market, By Lift Technology              
 6.1 Introduction             
 6.2 Rotorcraft             
  6.2.1 Multi-Rotor Aircraft            
  6.2.2 Single Rotor            
 6.3 Lift Plus Cruise             
 6.4 Vectored Thrust             
 6.5 Hoverbikes             
               
7 Global Electric VTOL (eVTOL) Aircraft Market, By Mode of Operation              
 7.1 Introduction             
 7.2 Optionally Piloted             
 7.3 Piloted             
               
8 Global Electric VTOL (eVTOL) Aircraft Market, By Component              
 8.1 Introduction             
 8.2 Battery             
  8.2.1 Solid-State Batteries            
  8.2.2 Lithium-Ion Batteries            
  8.2.3 Hydrogen Fuel Cells            
 8.3 Global Positioning System (GPS)/Global Navigation Satellite System (GNSS)             
 8.4 Inertial Navigation System (INS)/Inertial Measurement Unit (IMU)             
 8.5 Motor             
 8.6 Airframes             
 8.7 Camera             
 8.8 LIDAR             
 8.9 Radar             
 8.10 Sensors             
               
9 Global Electric VTOL (eVTOL) Aircraft Market, By MTOW              
 9.1 Introduction             
 9.2 <250 Kg             
 9.3 250-500 Kg             
 9.4 500-1,500 Kg             
 9.5 Above 1,500 Kg             
               
10 Global Electric VTOL (eVTOL) Aircraft Market, By Range              
 10.1 Introduction             
 10.2 0-200 Km             
 10.3 200–500 Km             
               
11 Global Electric VTOL (eVTOL) Aircraft Market, By Application              
 11.1 Introduction             
 11.2 Urban Air Mobility (UAM)/Air Taxis             
 11.3 Regional Air Mobility (RAM)             
 11.4 Air Ambulance             
 11.5 Cargo Aerial Vehicle             
 11.6 Personal Air Vehicle             
 11.7 Delivery Drones             
               
12 Global Electric VTOL (eVTOL) Aircraft Market, By End User              
 12.1 Introduction             
 12.2 Government and Military             
 12.3 Commercial             
               
13 Global Electric VTOL (eVTOL) Aircraft Market, By Geography              
 13.1 Introduction             
 13.2 North America             
  13.2.1 US            
  13.2.2 Canada            
  13.2.3 Mexico            
 13.3 Europe             
  13.3.1 Germany            
  13.3.2 UK            
  13.3.3 Italy            
  13.3.4 France            
  13.3.5 Spain            
  13.3.6 Rest of Europe            
 13.4 Asia Pacific             
  13.4.1 Japan            
  13.4.2 China            
  13.4.3 India            
  13.4.4 Australia            
  13.4.5 New Zealand            
  13.4.6 South Korea            
  13.4.7 Rest of Asia Pacific            
 13.5 South America             
  13.5.1 Argentina            
  13.5.2 Brazil            
  13.5.3 Chile            
  13.5.4 Rest of South America            
 13.6 Middle East & Africa             
  13.6.1 Saudi Arabia            
  13.6.2 UAE            
  13.6.3 Qatar            
  13.6.4 South Africa            
  13.6.5 Rest of Middle East & Africa            
               
14 Key Developments              
 14.1 Agreements, Partnerships, Collaborations and Joint Ventures             
 14.2 Acquisitions & Mergers             
 14.3 New Product Launch             
 14.4 Expansions             
 14.5 Other Key Strategies             
               
15 Company Profiling              
 15.1 Airbus S.A.S             
 15.2 Airspace Experience Technologies             
 15.3 Aurora Flight Sciences             
 15.4 Bell Aircraft Corporation             
 15.5 EHANG             
 15.6 Embraer             
 15.7 Karem Aircraft             
 15.8 Lilium             
 15.9 Neva Aerospace             
 15.10 Opener             
 15.11 Pipistrel             
 15.12 Porsche             
 15.13 The Boeing Company             
 15.14 Volocopter             
 15.15 Workhorse Group


List of Tables               
1 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Region (2018-2027) ($MN)              
2 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Propulsion Type (2018-2027) ($MN)              
3 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Hybrid (2018-2027) ($MN)              
4 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Electric Hydrogen (2018-2027) ($MN)              
5 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Fully Electric (2018-2027) ($MN)              
6 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Lift Technology (2018-2027) ($MN)              
7 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Rotorcraft (2018-2027) ($MN)              
8 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Multi-Rotor Aircraft (2018-2027) ($MN)              
9 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Single Rotor (2018-2027) ($MN)              
10 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Lift Plus Cruise (2018-2027) ($MN)              
11 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Vectored Thrust (2018-2027) ($MN)              
12 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Hoverbikes (2018-2027) ($MN)              
13 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Mode of Operation (2018-2027) ($MN)              
14 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Optionally Piloted (2018-2027) ($MN)              
15 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Piloted (2018-2027) ($MN)              
16 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Component (2018-2027) ($MN)              
17 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Battery (2018-2027) ($MN)              
18 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Solid-State Batteries (2018-2027) ($MN)              
19 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Lithium-Ion Batteries (2018-2027) ($MN)              
20 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Hydrogen Fuel Cells (2018-2027) ($MN)              
21 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Global Positioning System (GPS)/Global Navigation Satellite System (GNSS) (2018-2027) ($MN)
22 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Inertial Navigation System (INS)/Inertial Measurement Unit (IMU) (2018-2027) ($MN)
23 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Motor (2018-2027) ($MN)              
24 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Airframes (2018-2027) ($MN)              
25 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Camera (2018-2027) ($MN)              
26 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By LIDAR (2018-2027) ($MN)              
27 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Radar (2018-2027) ($MN)              
28 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Sensors (2018-2027) ($MN)              
29 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By MTOW (2018-2027) ($MN)              
30 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By <250 Kg (2018-2027) ($MN)              
31 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By 250-500 Kg (2018-2027) ($MN)              
32 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By 500-1,500 Kg (2018-2027) ($MN)              
33 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Above 1,500 Kg (2018-2027) ($MN)              
34 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Range (2018-2027) ($MN)              
35 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By 0-200 Km (2018-2027) ($MN)              
36 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By 200–500 Km (2018-2027) ($MN)              
37 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Application (2018-2027) ($MN)              
38 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Urban Air Mobility (UAM)/Air Taxis (2018-2027) ($MN)              
39 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Regional Air Mobility (RAM) (2018-2027) ($MN)              
40 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Air Ambulance (2018-2027) ($MN)              
41 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Cargo Aerial Vehicle (2018-2027) ($MN)              
42 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Personal Air Vehicle (2018-2027) ($MN)              
43 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Delivery Drones (2018-2027) ($MN)              
44 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By End User (2018-2027) ($MN)              
45 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Government and Military (2018-2027) ($MN)              
46 Global Electric VTOL (eVTOL) Aircraft Market Outlook, By Commercial (2018-2027) ($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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