20.42% Growth Rate for eVTOL Aircraft Market by 2025 | Kitty Hawk, Lilium, EHang, Volocopter , A3 by Airbus and Others.

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The eVTOL Aircraft Market is estimated to be US$ 162 Million in 2025 and is projected to reach US$ 411 Million by 2030, at a CAGR of 20.42% during the forecast period. This report focuses on the eVTOL Aircraft in global market, especially in North America, Europe and Asia-Pacific. This report categorizes the market based on manufacturers, regions, type and application.

Top Companies in the eVTOL Aircraft Market include are Kitty Hawk (US), Lilium (Germany), EHang (China), Volocopter (Germany), and A3 by Airbus (US).

“The vectored thrust segment is expected to lead the market during the forecast period.”
Based on lift technology, the vectored thrust segment is expected to lead the eVTOL aircraft market during the forecast period. The vectored thrust technology provides better efficiency and endurance to the eVTOL aircraft for intercity and intracity operations. The demand for eVTOL aircraft is increasing due to the growing number of their applications in the commercial sector for activities such as air taxi, passenger air travel, air ambulance, and cargo transportation. Presently, these aircraft are in the development phase but are expected to commercialize in the coming years.

“The optionally piloted segment is expected to grow at a higher CAGR than the piloted segment during the forecast period.”
Based on mode of operation, the optionally piloted segment is expected to lead the eVTOL aircraft market during the forecast period. Autonomous eVTOLs are more versatile and can be efficiently used to transport passengers and cargo without any human intervention, thus increasing their demand.

“Asia Pacific is the fastest-growing market for eVTOL aircraft.”
Based on region, Asia Pacific is estimated to lead the eVTOL aircraft market in 2025 and is projected to grow at the highest rate during the forecast period. The market growth in this region can be attributed to the increasing investment activities and growth in spending by the region’s countries on transportation operations. Increasingly autonomous aircraft such as UAVs are manufactured in the Asia Pacific region by the biggest drone player DJI.

Break-up of profiles of primary participants in this report:
• By Company Type: Tier 1 – 18%, Tier 2 – 36% and Tier 3 – 46%
• By Designation: C level – 27%, Director level – 18%, Others – 55%
• By Region: North America - 9%, Europe – 36%, Asia Pacific – 55%

REPORT HIGHLIGHTS:
• To forecast the market size of segments with respect to various regions, including North America, Europe, Asia Pacific, the Middle East, and Latin America, along with major countries in each region

• To analyze the degree of competition in the market by mapping the contracts, products, and services of key market players

• To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market

• To strategically profile key market players and comprehensively analyze their market share and core competencies

• To track and analyze competitive developments, such as joint ventures, mergers, and new product launches in the market

• To identify detailed financial positions, key products, and unique selling points of leading companies in the market

• To identify industry trends, market trends, and technology trends currently prevailing in the market

Competitive Landscape of eVTOL Aircraft Market:
1 Introduction
2 Startups Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Ranking of Key Players, 2022
4 Competitive Scenario
4.1 New Product Launches
4.2 Expansions
4.3 Partnerships and Agreements

RESEARCH COVERAGE:
The study segments the eVTOL aircraft market on the basis of Lift Technology (Vectored Thrust, Multirotor, Lift Plus Cruise), Application (Commercial, Military, Cargo), Type of Propulsion (Electric/Battery, Electric/Hybrid, Electric/Hydrogen), MTOW (1,500 Kilograms), Mode of Operation (Optionally Piloted, Piloted), and Range (0–200 Kilometers, 200–500 Kilometers), and maps these segments and sub segments across the major regions of the world, namely, North America, Europe, Asia Pacific, the Middle East, and Latin America.

LIST OF TABLES:
Table 1 Types of Advanced Aircraft Batteries
Table 2 Innovations and Patent Registrations
Table 3 eVTOL Aircraft Market Size, By Lift Technology, 2022-2030 (USD Million)
Table 4 eVTOL Aircraft Market Size, By Application, 2022–2030 (USD Million)
Table 5 Commercial eVTOL Aircraft Market Size, By Propulsion, 2022–2030 (USD Million)
Table 6 Commercial eVTOL Aircraft Market Size, By Lift Technology, 2022–2030 (USD Million)
Table 7 Commercial eVTOL Aircraft Market Size, By Mtow, 2022–2030 (USD Million)
Table 8 Military eVTOL Aircraft Market Size, By Propulsion, 2022–2030 (USD Million)
Table 9 Military eVTOL Aircraft Market Size, By Lift Technology, 2022–2030 (USD Million)
Table 10 Military eVTOL Aircraft Market Size, By Mtow, 2022–2030 (USD Million)
….and More

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This release was published on openPR.