EVTOL Aircraft Market Analysis By Industry Perspective, Comprehensive Analysis, Growth And Forecast 2022-2031

The global evtol aircraft market report by the business research company identifies growing need for green energy and noise-free aircraft to be a major growth driver for the evtol aircraft market. The strive for greater fuel efficiency and reduction of noise pollution is the central need to reduce environmental impact. The energy for eVTOL aircraft is generated by powered lift designs using turbofan engines with auxiliary/ augmented lift fans. Most electric-powered VTOL aircraft being developed today will use distributed electric propulsion (DEP) as a gateway to sustainable aviation. For instance, in March 2020, according to Aan article published by Dassault Systèmes, a Europe-based company, estimated the growing need for eVTOL aircraft where the market will grow exponentially, to an estimated 1.3 billion passengers over 20 years, with a demand for 28,000 eVTOL aircraft. Therefore, the growing need for green energy and noise-free aircraft will drive the growth of the eVTOL aircraft market.

The global eVTOL aircraft market size is expected to be $14.36 billion in 2025 and grow to $18.92 billion in 2026 at a compound annual growth rate (CAGR) of 31.7%. The global eVTOL aircraft market size is expected to grow to $51.18 billion in 2031 at a compound annual growth rate (CAGR) of 22%.

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North America was the largest region in the eVTOL aircraft market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the eVTOL aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the eVTOL aircraft market are Airbus SE, Bell Textron Inc., Embraer SA, EHang Holdings Ltd, Elbit Systems Ltd., Kitty Hawk, Lilium, Volocopter GmbH, Joby Aviation, Urban Aeronautics Ltd., Pipistrel, Moog Inc., The Boeing Co., Karem Aircraft Inc., Lift Aircraft, Aurora Flight Sciences, Workhorse, Elroy Air, Textron Inc., SkyDrive Inc., Neva Aerospace, Opener Inc., Workhorse Group, Uber Technologies Inc, Terrafugia, Archer Aviation Inc, Jaunt Air Mobility LLC, Overair Inc and Samad Aerospace.

The global eVTOL aircraft market is segmented -
1) By Lift Technology: Vectored Thrust, Multirotor, Lift Plus Cruise
2) By Propulsion Type: Fully Electric, Hybrid Electric, Hydrogen Electric
3) By Mode of Operation: Autonomous, Semi-Autonomous, Piloted
4) By Application: Commercial, Military, Emergency Medical Services, Other Applications

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The EVTOL Aircraft Market Report Contents Include
1. Executive Summary
2. eVTOL Aircraft Market Characteristics
3. eVTOL Aircraft Market Trends And Strategies
4. Impact Of COVID-19 On eVTOL Aircraft
5. eVTOL Aircraft Market Size And Growth
....
28. Key Mergers And Acquisitions In The eVTOL Aircraft Market
29. eVTOL Aircraft Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the evtol aircraft market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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