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eVTOL Aircraft Market Potential Growth, Challenges, Impact of Covid-19, Scope, Trends, SWOT Analysis and Forecast 2025 | Leading Players: EHANG, A³ by Airbus, Lilium GmbH, Volocopter GmbH, Uber Technologies Inc., Bell Textron Inc., Kitty Hawk among Other
Market Overview:The global eVTOL aircraft market is anticipated to register a highest CAGR during the forecast period. In the research report, the market outlook section mainly embraces fundamental dynamics of the target market which contain major market drivers, restraints, lucrative opportunities and challenges faced by the market. Global eVTOL aircraft market expenditure has been on a key upturn over the present years urged by the return of the excessive power competition amongst the key global powers. Furthermore, the report emphasizes on capabilities revitalization, equipment modernization, and augmented research & development outlays towards development of game changer and innovative technologies.
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Scope of the Global eVTOL Aircraft Market
QMI Research offers major comprehensions with the help of several primary sources to verify the data and adopt it in accumulating a full-fledged market research analysis. Moreover, the market report embraces a qualitative and quantitative evaluation of market components which interests the client. The “Global eVTOL Aircraft Market” is majorly bifurcated into sub-segments which can offer a categorized data about present trends in the target market.
Growing road traffic and increasing demand for an alternative way of traveling are the main factor boosting growth of the global eVTOL aircraft market. Moreover, quick transportation delivered by eVTOL without the worry of traffic congestions is another major factor boosting growth of the global market. Moreover, growing adoption of unmanned aerial vehicles, coupled with installations of charging points in vertiports are key factors expected to support growth of the global eVTOL aircraft market in the coming future.
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Segment Analysis of the Global eVTOL Aircraft Market
The global eVTOL aircraft market is basically segmented into lift technology, mode of operation, type of propulsion, application, and geographical regions.
• Based on lift technology, the global market is sub-segmented into multirotor, vectored thrust, lift plus cruise, and others.
• On the basis of mode of operation, the market is segregated into optionally piloted, and piloted.
• In terms of type of propulsion, the market is segregated into hybrid, electric hydrogen, and fully electric.
• On the basis of application, the global market is fragmented into cargo, military, and commercial.
Geographical Analysis of Global eVTOL Aircraft Market
The global eVTOL aircraft market geographically segregated into North America, Europe, Asia Pacific, and the Middle East and Africa. Out of these, North America accounted for the highest share of the eVTOL aircraft market. The eVTOL aircraft market in North America is likely to register a CAGR of 29.54% during the forecast period.
Recent Strategic Developments of Major Global eVTOL Aircraft Market Players
• In October 2019, EHANG integrated with Vodafone to establish an urban air mobility ecosystem in Germany. Vodafone would deliver connectivity to all EHANG eVTOL aircraft operating across Europe. The partnership will enable EHANG to boost its position in the global eVTOL aircraft market.
• In October 2019, EHANG signed a contract with Azerbaijan Airlines to grow a command-and-control center to manage UAVs.
• In February 2018, A³ by Airbus accomplished the first test flight of its eVTOL aircraft Vahana.
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Competitive Landscape of the Global eVTOL Aircraft Market
The “Global eVTOL Aircraft Market” market report will delivers an accurate and valuable insight with the rising focus on global market. Some of the major players include EHANG (China), A³ by Airbus (US), Lilium GmbH (Germany), Aurora Flight Sciences (US), Volocopter GmbH (Germany), Uber Technologies Inc. (US), Bell Textron Inc. (US), TERRAFUGIA (US), EmbraerX (Brazil), Karem Aircraft, Inc. (US), Neva Aerospace (UK), Kitty Hawk (US), Workhorse (US), LIFT Aircraft Inc. (US), Pipistrel Group (Slovenia), and Opener (Canada). In addition, the global market study focuses on prominent players with major information such as components, company profiles, services offered, financial information, as well as key development in past years.
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
By Region:
North America
o By Country (US, Canada, Mexico)
o By Lift Technology
o By Type Of Propulsion
o By Mode Of Operation
Western Europe:
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Lift Technology
o By Type Of Propulsion
o By Mode Of Operation
Eastern Europe:
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Lift Technology
o By Type Of Propulsion
o By Mode Of Operation
Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Lift Technology
o By Type Of Propulsion
o By Mode Of Operation
Middle East:
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Lift Technology
o By Type Of Propulsion
o By Mode Of Operation
Rest of the World
o By Region (South America, America)
o By Lift Technology
o By Type Of Propulsion
o By Mode Of Operation
Reasons To Buy This Report:
• Market size estimation of the global eVTOL aircraft market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country
Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 1444 39 0986
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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