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The Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Detailed Analysis Of Current Industry Trends, Growth Forecast To 2026

02-23-2021 12:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Whipsmart MI

The Electric Vertical Take-off and Landing (eVTOL) Aircraft Market is projected to grow at a CAGR 18.69% rate from 2021 to 2026. The need to increase operational efficiency, reduction in human intervention for intercity and intracity transportation using eVTOLs, and growing investment activities around the world are key factors expected to drive the market growth.

View Complete Report @ https://whipsmartmi.com/Report/Evtol-Aircraft-Market

The vectored thrust segment is projected to grow at the highest CAGR during the forecast period owing to the higher endurance and efficiency provided by this technology to eVTOL aircraft. In addition to this, 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, are driving the growth of this segment.

Advancements in the manufacturing capability of the region's emerging economies will drive the market. Additionally, the ever-increasing trend of automation and globalization in Asia Pacific countries is fueling the growth of this regional market.

Key Market Players include Kitty Hawk (US), Lilium (Germany), EHang (China), Volocopter (Germany), Bell Helicopter (US), and A3 by Airbus (US).

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Explore other reports from ”Aerospace & Defence” sector @ https://whipsmartmi.com/Category/Aerospace_and_Defence

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Neeraj
WhipSmart Market Intelligence
7264 Magistrate Terrace,
Mississauga,
Ontario L5W 1H8
Canada
sales@whipsmartmi.com

We are a growth partnership company that provides fact-based consulting services focused on helping our clients achieve incremental and transformational growth competing in business-to- business and business-to- consumer markets. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry.

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