Global Electric Vertical Take-Off and Landing (eVTOL) Drone Market Poised for Exponential Growth Amid Surging Demand and Technological Advancements by 2030

August 16, 2024 - The global electric vertical take-off and landing (eVTOL) drone market is set to experience unprecedented growth over the next decade, according to a new industry report. With rapid advancements in drone technology, increasing investments in urban air mobility (UAM), and growing applications across various sectors, the market is expected to reach new heights by 2030.

The rising demand for faster and more flexible transportation solutions is one of the primary drivers of the eVTOL drone market. Industries such as logistics, healthcare, and emergency services are increasingly relying on drones for time-sensitive deliveries and operations. Additionally, the growing focus on sustainability and reducing carbon footprints is pushing the adoption of electric-powered drones over traditional fossil fuel-based vehicles.

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The major global manufacturers of Electric Vertical Take-Off and Landing Drone include Ukrspecsystems, Threod Systems, Lockheed Martin Corporation, DJI, JOUAV Automation, Digital Eagle, Volatus Aerospace, Censys Technologies, Plymouth Rock Technologies, Aerospace CH UAV, etc.

Segment by Type

Multi-Rotor
Fixed Wing

Segment by Application

Civilian
Commercial

The global eVTOL drone market is projected to achieve substantial revenue growth, with estimates suggesting a compound annual growth rate (CAGR) of over 25% from 2024 to 2030. This growth is attributed to the expanding applications of eVTOL drones across various sectors, coupled with the continuous evolution of drone technology.

Key Industry Trends

The eVTOL drone market is witnessing a significant shift towards more sustainable and efficient transportation solutions. As urbanization accelerates, the demand for innovative mobility solutions has driven the development of eVTOL technology, which promises to revolutionize short-distance transportation in densely populated areas. Key trends fueling this growth include:

1. Technological Advancements: Cutting-edge technologies such as advanced propulsion systems, autonomous navigation, and AI integration are enabling eVTOL drones to achieve higher efficiency, safety, and reliability. These advancements are expected to play a crucial role in the widespread adoption of eVTOL drones across various industries.

2. Growing Investments: Major players in the aerospace and defense sectors, along with tech giants, are heavily investing in the development and commercialization of eVTOL drones. This surge in investment is accelerating the pace of innovation and bringing eVTOL technology closer to mass deployment.

3. Urban Air Mobility (UAM): The concept of UAM is gaining traction as cities look for sustainable ways to address traffic congestion and reduce carbon emissions. eVTOL drones are positioned as a key component of UAM ecosystems, providing efficient and eco-friendly transportation options for both passengers and cargo.

4. Regulatory Support: Governments and regulatory bodies worldwide are recognizing the potential of eVTOL technology and are working to establish frameworks that facilitate safe and scalable operations. This regulatory support is expected to drive market growth by providing a clear path to commercialization.

As the eVTOL drone market continues to evolve, stakeholders can expect to see increased collaboration between technology providers, aviation companies, and regulatory authorities. The integration of eVTOL drones into everyday life is no longer a distant vision but a rapidly approaching reality. By 2030, eVTOL drones are expected to become a common sight in urban landscapes, transforming the way people and goods move within and between cities.

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Table of Content

1 Electric Vertical Take-Off and Landing Drone Market Overview
1.1 Product Definition
1.2 Electric Vertical Take-Off and Landing Drone by Type
1.2.1 Global Electric Vertical Take-Off and Landing Drone Market Value by Type (2019-2030)
1.2.2 Multi-Rotor
1.2.3 Fixed Wing
1.3 Electric Vertical Take-Off and Landing Drone by Application
1.3.1 Global Electric Vertical Take-Off and Landing Drone Market Value by Application 2019-2030)
1.3.2 Civilian
1.3.3 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Electric Vertical Take-Off and Landing Drone Revenue (2019-2030)
1.4.2 Global Electric Vertical Take-Off and Landing Drone Sales (2019-2030)
1.4.3 Global Electric Vertical Take-Off and Landing Drone Market Average Price (2019-2030)
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered
2 Key Insights
2.1 Key Emerging Trends
2.2 Key Developments - Mergers Acquisitions, New Product Launches, Collaborations, Partnerships and Joint Ventures
2.3 Latest Technological Advancements
2.4 Insights on Regulatory Scenarios
2.5 Porters Five Forces Analysis
3 Manufacturers Competitive Analysis
3.1 Global Electric Vertical Take-Off and Landing Drone Revenue by Manufacturer (2019-2024)
3.2 Global Electric Vertical Take-Off and Landing Drone Sales by Manufacturer (2019-2024)
3.3 Global Electric Vertical Take-Off and Landing Drone Average Price by Manufacturer (2019-2024)
3.4 Electric Vertical Take-Off and Landing Drone Company Evaluation Quadrant
3.5 Industry Rank
3.5.1 Global Key Players of Electric Vertical Take-Off and Landing Drone, Industry Ranking, 2022 VS 2023
3.5.2 Global Electric Vertical Take-Off and Landing Drone Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.5.3 Global Electric Vertical Take-Off and Landing Drone Market Concentration Rate
3.5.4 Global 5 and 10 Largest Electric Vertical Take-Off and Landing Drone Players Market Share by Revenue
3.6 Electric Vertical Take-Off and Landing Drone Market: Overall Company Footprint Analysis
3.6.1 Electric Vertical Take-Off and Landing Drone Market: Region Footprint
3.6.2 Electric Vertical Take-Off and Landing Drone Market: Company Product Type Footprint
3.6.3 Electric Vertical Take-Off and Landing Drone Market: Company Product Application Footprint
3.6.4 Global Key Manufacturers of Electric Vertical Take-Off and Landing Drone, Date of Enter into This Industry
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
4 Manufacturers Profiles
4.1 Ukrspecsystems
4.1.1 Ukrspecsystems Electric Vertical Take-Off and Landing Drone Details
4.1.2 Ukrspecsystems Electric Vertical Take-Off and Landing Drone Product and Services
4.1.3 Ukrspecsystems Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.1.4 Ukrspecsystems Major Business
4.1.5 Ukrspecsystems Recent Developments/Updates
4.2 Threod Systems
4.2.1 Threod Systems Electric Vertical Take-Off and Landing Drone Details
4.2.2 Threod Systems Electric Vertical Take-Off and Landing Drone Product and Services
4.2.3 Threod Systems Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.2.4 Threod Systems Major Business
4.2.5 Threod Systems Recent Developments/Updates
4.3 Lockheed Martin Corporation
4.3.1 Lockheed Martin Corporation Electric Vertical Take-Off and Landing Drone Details
4.3.2 Lockheed Martin Corporation Electric Vertical Take-Off and Landing Drone Product and Services
4.3.3 Lockheed Martin Corporation Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.3.4 Lockheed Martin Corporation Major Business
4.3.5 Lockheed Martin Corporation Recent Developments/Updates
4.4 DJI
4.4.1 DJI Electric Vertical Take-Off and Landing Drone Details
4.4.2 DJI Electric Vertical Take-Off and Landing Drone Product and Services
4.4.3 DJI Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.4.4 DJI Major Business
4.4.5 DJI Recent Developments/Updates
4.5 JOUAV Automation
4.5.1 JOUAV Automation Electric Vertical Take-Off and Landing Drone Details
4.5.2 JOUAV Automation Electric Vertical Take-Off and Landing Drone Product and Services
4.5.3 JOUAV Automation Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.5.4 JOUAV Automation Major Business
4.5.5 JOUAV Automation Recent Developments/Updates
4.6 Digital Eagle
4.6.1 Digital Eagle Electric Vertical Take-Off and Landing Drone Details
4.6.2 Digital Eagle Electric Vertical Take-Off and Landing Drone Product and Services
4.6.3 Digital Eagle Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.6.4 Digital Eagle Major Business
4.6.5 Digital Eagle Recent Developments/Updates
4.7 Volatus Aerospace
4.7.1 Volatus Aerospace Electric Vertical Take-Off and Landing Drone Details
4.7.2 Volatus Aerospace Electric Vertical Take-Off and Landing Drone Product and Services
4.7.3 Volatus Aerospace Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.7.4 Volatus Aerospace Major Business
4.7.5 Volatus Aerospace Recent Developments/Updates
4.8 Censys Technologies
4.8.1 Censys Technologies Electric Vertical Take-Off and Landing Drone Details
4.8.2 Censys Technologies Electric Vertical Take-Off and Landing Drone Product and Services
4.8.3 Censys Technologies Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.8.4 Censys Technologies Major Business
4.8.5 Censys Technologies Recent Developments/Updates
4.9 Plymouth Rock Technologies
4.9.1 Plymouth Rock Technologies Electric Vertical Take-Off and Landing Drone Details
4.9.2 Plymouth Rock Technologies Electric Vertical Take-Off and Landing Drone Product and Services
4.9.3 Plymouth Rock Technologies Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.9.4 Plymouth Rock Technologies Major Business
4.9.5 Plymouth Rock Technologies Recent Developments/Updates
4.10 Aerospace CH UAV
4.10.1 Aerospace CH UAV Electric Vertical Take-Off and Landing Drone Details
4.10.2 Aerospace CH UAV Electric Vertical Take-Off and Landing Drone Product and Services
4.10.3 Aerospace CH UAV Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.10.4 Aerospace CH UAV Major Business
4.10.5 Aerospace CH UAV Recent Developments/Updates
4.11 Gadfin
4.11.1 Gadfin Electric Vertical Take-Off and Landing Drone Details
4.11.2 Gadfin Electric Vertical Take-Off and Landing Drone Product and Services
4.11.3 Gadfin Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.11.4 Gadfin Major Business
4.11.5 Gadfin Recent Developments/Updates
4.12 FIXAR
4.12.1 FIXAR Electric Vertical Take-Off and Landing Drone Details
4.12.2 FIXAR Electric Vertical Take-Off and Landing Drone Product and Services
4.12.3 FIXAR Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.12.4 FIXAR Major Business
4.12.5 FIXAR Recent Developments/Updates
4.13 Wingtra
4.13.1 Wingtra Electric Vertical Take-Off and Landing Drone Details
4.13.2 Wingtra Electric Vertical Take-Off and Landing Drone Product and Services
4.13.3 Wingtra Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.13.4 Wingtra Major Business
4.13.5 Wingtra Recent Developments/Updates
4.14 Height Technologies
4.14.1 Height Technologies Electric Vertical Take-Off and Landing Drone Details
4.14.2 Height Technologies Electric Vertical Take-Off and Landing Drone Product and Services
4.14.3 Height Technologies Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.14.4 Height Technologies Major Business
4.14.5 Height Technologies Recent Developments/Updates
4.15 Yottec Systems
4.15.1 Yottec Systems Electric Vertical Take-Off and Landing Drone Details
4.15.2 Yottec Systems Electric Vertical Take-Off and Landing Drone Product and Services
4.15.3 Yottec Systems Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.15.4 Yottec Systems Major Business
4.15.5 Yottec Systems Recent Developments/Updates
4.16 Skyfront
4.16.1 Skyfront Electric Vertical Take-Off and Landing Drone Details
4.16.2 Skyfront Electric Vertical Take-Off and Landing Drone Product and Services
4.16.3 Skyfront Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.16.4 Skyfront Major Business
4.16.5 Skyfront Recent Developments/Updates
4.17 Vertical Technologies
4.17.1 Vertical Technologies Electric Vertical Take-Off and Landing Drone Details
4.17.2 Vertical Technologies Electric Vertical Take-Off and Landing Drone Product and Services
4.17.3 Vertical Technologies Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.17.4 Vertical Technologies Major Business
4.17.5 Vertical Technologies Recent Developments/Updates
4.18 Edge Autonomy
4.18.1 Edge Autonomy Electric Vertical Take-Off and Landing Drone Details
4.18.2 Edge Autonomy Electric Vertical Take-Off and Landing Drone Product and Services
4.18.3 Edge Autonomy Electric Vertical Take-Off and Landing Drone Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.18.4 Edge Autonomy Major Business
4.18.5 Edge Autonomy Recent Developments/Updates
5 Consumption Analysis by Region
5.1 Global Electric Vertical Take-Off and Landing Drone Market Size by Region
5.1.1 Global Electric Vertical Take-Off and Landing Drone Consumption Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Electric Vertical Take-Off and Landing Drone Consumption Value by Region (2019-2024)
5.1.3 Global Electric Vertical Take-Off and Landing Drone Consumption Value by Region (2025-2030)
5.1.4 Global Electric Vertical Take-Off and Landing Drone Consumption Value Market Share by Region (2019-2030)
5.2 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Region
5.2.1 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Region: 2019 VS 2023 VS 2030
5.2.2 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Region (2019-2024)
5.2.3 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Region (2025-2030)
5.2.4 Global Electric Vertical Take-Off and Landing Drone Sales Quantity Market Share by Region (2019-2030)
5.3 Global Electric Vertical Take-Off and Landing Drone Average Price by Region
5.4 North America Electric Vertical Take-Off and Landing Drone Consumption Value (2019-2030)
5.5 Europe Electric Vertical Take-Off and Landing Drone Consumption Value (2019-2030)
5.6 Asia-Pacific Electric Vertical Take-Off and Landing Drone Consumption Value (2019-2030)
5.7 South America Electric Vertical Take-Off and Landing Drone Consumption Value (2019-2030)
5.8 Middle East & Africa Electric Vertical Take-Off and Landing Drone Consumption Value (2019-2030)
6 Market Scenario by Region & Country
6.1 Global Electric Vertical Take-Off and Landing Drone Consumption Value by Region & Country: 2019 Versus 2023 Versus 2030
6.2 Global Electric Vertical Take-Off and Landing Drone Consumption Value by Region & Country (2019-2030)
6.3 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Region & Country (2019-2030)
6.4 Global Electric Vertical Take-Off and Landing Drone Average Price by Region & Country (2019-2030)
6.5 North America Electric Vertical Take-Off and Landing Drone Market Facts & Figures by Country
6.5.1 North America Electric Vertical Take-Off and Landing Drone Consumption Value by Country: 2019 VS 2023 VS 2030
6.5.2 North America Electric Vertical Take-Off and Landing Drone Sales Quantity by Country (2019-2030)
6.5.3 North America Electric Vertical Take-Off and Landing Drone Consumption Value by Country (2019-2030)
6.5.4 United States
6.5.5 Canada
6.6 Europe Electric Vertical Take-Off and Landing Drone Market Facts & Figures by Country
6.6.1 Europe Electric Vertical Take-Off and Landing Drone Consumption Value by Country: 2019 VS 2023 VS 2030
6.6.2 Europe Electric Vertical Take-Off and Landing Drone Sales Quantity by Country (2019-2030)
6.6.3 Europe Electric Vertical Take-Off and Landing Drone Consumption Value by Country (2019-2030)
6.6.4 Germany
6.6.5 France
6.6.6 U.K.
6.6.7 Italy
6.6.8 Russia
6.7 Asia Pacific Electric Vertical Take-Off and Landing Drone Market Facts & Figures by Region
6.7.1 Asia Pacific Electric Vertical Take-Off and Landing Drone Market Size by Region: 2019 VS 2023 VS 2030
6.7.2 Asia Pacific Electric Vertical Take-Off and Landing Drone Sales Quantity by Region (2019-2030)
6.7.3 Asia Pacific Electric Vertical Take-Off and Landing Drone Consumption Value by Region (2019-2030)
6.7.4 China
6.7.5 Japan
6.7.6 South Korea
6.7.7 India
6.7.8 Australia
6.7.9 China Taiwan
6.7.10 Southeast Asia
6.8 South America Electric Vertical Take-Off and Landing Drone Market Facts & Figures by Country
6.8.1 South America Electric Vertical Take-Off and Landing Drone Market Size by Country: 2019 VS 2023 VS 2030
6.8.2 South America Electric Vertical Take-Off and Landing Drone Sales Quantity by Country (2019-2030)
6.8.3 South America Electric Vertical Take-Off and Landing Drone Consumption Value by Country
6.8.4 Mexico
6.8.5 Brazil
6.8.6 Argentina
6.8.7 Colombia
6.9 Middle East and Africa Electric Vertical Take-Off and Landing Drone Market Facts & Figures by Country
6.9.1 Middle East and Africa Electric Vertical Take-Off and Landing Drone Market Size by Country: 2019 VS 2023 VS 2030
6.9.2 Middle East and Africa Electric Vertical Take-Off and Landing Drone Sales Quantity by Country (2019-2030)
6.9.3 Middle East and Africa Electric Vertical Take-Off and Landing Drone Consumption Value by Country
6.9.4 Turkey
6.9.5 Saudi Arabia
6.9.6 UAE
7 Segment by Type
7.1 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Type (2019-2030)
7.1.1 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Type (2019-2024)
7.1.2 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Type (2025-2030)
7.1.3 Global Electric Vertical Take-Off and Landing Drone Sales Quantity Market Share by Type (2019-2030)
7.2 Global Electric Vertical Take-Off and Landing Drone Revenue by Type (2019-2030)
7.2.1 Global Electric Vertical Take-Off and Landing Drone Revenue by Type (2019-2024)
7.2.2 Global Electric Vertical Take-Off and Landing Drone Revenue by Type (2025-2030)
7.2.3 Global Electric Vertical Take-Off and Landing Drone Revenue Market Share by Type (2019-2030)
7.3 Global Electric Vertical Take-Off and Landing Drone Price by Type (2019-2030)
8 Segment by Application
8.1 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Application (2019-2030)
8.1.1 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Application (2019-2024)
8.1.2 Global Electric Vertical Take-Off and Landing Drone Sales Quantity by Application (2025-2030)
8.1.3 Global Electric Vertical Take-Off and Landing Drone Sales Quantity Market Share by Application (2019-2030)
8.2 Global Electric Vertical Take-Off and Landing Drone Revenue by Application (2019-2030)
8.2.1 Global Electric Vertical Take-Off and Landing Drone Revenue by Application (2019-2024)
8.2.2 Global Electric Vertical Take-Off and Landing Drone Revenue by Application (2025-2030)
8.2.3 Global Electric Vertical Take-Off and Landing Drone Revenue Market Share by Application (2019-2030)
8.3 Global Electric Vertical Take-Off and Landing Drone Price by Application (2019-2030)
9 Industry Chain and Sales Channels Analysis
9.1 Electric Vertical Take-Off and Landing Drone Industry Chain Analysis
9.2 Electric Vertical Take-Off and Landing Drone Key Raw Materials
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.3 Electric Vertical Take-Off and Landing Drone Production Mode & Process
9.4 Electric Vertical Take-Off and Landing Drone Sales and Marketing
9.4.1 Electric Vertical Take-Off and Landing Drone Sales Channels
9.4.2 Electric Vertical Take-Off and Landing Drone Distributors
9.5 Electric Vertical Take-Off and Landing Drone Customers
10 Research Findings and Conclusion
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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