eVTOL Aircraft Market Will Take Off In Next Forecast Period(2016-2025)

eVTOL Aircraft Market to record an impressive growth rate due to the growing need for a faster mode of transportation and increasing road traffic congestion in urban areas.
The eVTOL (electric vertical takeoff and landing) aircraft represents the next generation of autonomous electric aircraft that are safer, quieter, and cleaner. These eVTOL Aircraft can autonomously transport passengers, plan routes, respond to contingencies, and detect and avoid unexpected obstacles as well as to navigate complex and busy urban environments. They operate with a vertiport system that will safely and quickly board and exit passengers.

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The global eVTOL aircraft market is segmented based on lift technology, type of propulsion and mode of operation.

On the basis of lift technology, it is segmented into Vectored Thrust, Multirotor, Lift Plus Cruise. The vectored thrust is most widely used owing to the higher endurance and efficiency provided by this technology to eVTOL aircraft. In addition to this, the increasing investments from various manufacturers for the use of eVTOL aircraft in commercial applications, such as air taxi, passenger air travel, cargo transportation, and air ambulance have also propelled the growth of this segment.

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Market Segmentation:

By Lift Technology:

• Vectored Thrust
• Multirotor
• Lift Plus Cruise

By Type Of Propulsion:

• Electric Battery
• Electric Hybrid
• Electric Hydrogen

By Mode Of Operation:

• Piloted
• Optionally Piloted

This report provides a detailed understanding of the global eVTOL aircraft market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

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This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.

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