Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Hits New High | Major Giants Lilium, Volocopter, Airbus, Wisk Aero

HTF MI recently introduced Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Joby Aviation (United States), Lilium (Germany), Volocopter (Germany), EHang (China), Archer Aviation (United States), Vertical Aerospace (United Kingdom), Beta Technologies (United States), Wisk Aero (United States), Urban Aeronautics (Israel), Karem Aircraft (United States), Hyundai Motor Group (Supernal) (South Korea), Airbus (France), Bell Textron Inc. (United States).

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According to HTF Market Intelligence, the Global Electric Vertical Take-Off and Landing (Evtol) Vehicle market is expected to grow from 700 Million USD in 2023 to 30 Billion USD by 2030, with a CAGR of 30% from 2024 to 2030. The market is segmented by Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Breakdown by Application (Civil, Military) by Lift Technology (Victored Thrust, Multirotor, Lift Plus Cruise) by Propulsion Type (Fully Electric, Hybrid, Electric Hydrogen) by Mode (Conventional Take- off and Landing, Short Take-off and Landing, Short Take-off and Vertical Landing) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

Definition:
The global industry devoted to creating and commercializing aircraft that can fly vertically on electricity is known as the electric vertical take-off and landing (eVTOL) vehicle market. These are hybrid aerial vehicles, which can provide unmanned aerial vehicles (UAM) and transform short-range transport systems. They combine the features of fixed-wing and helicopters. EVTOL vehicles should be quieter, less polluting, and maybe safer than traditional aircraft. It can be used for medical evacuation, military transportation, cargo transportation, and private transportation like air taxis. To bring these aircraft into the commercial sphere, an industry of manufacturers, suppliers, infrastructure developers, and service providers has emerged.

Market Trends:
• ●Companies are focusing on developing eVTOL aircraft for air taxi services in urban areas.

Market Drivers:
• ●Growing emphasis on reducing carbon emissions boosts the adoption of electric aviation technologies.

Market Opportunities:
• ●eVTOL vehicles have the potential to revolutionize urban transportation, offering faster and more flexible travel options.

Dominating Region:
North America

Fastest-Growing Region:
Asia-Pacific

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Electric Vertical Take-Off and Landing (Evtol) Vehicle market segments by Types: Fully Electric, Hybrid, Electric Hydrogen
Detailed analysis of Electric Vertical Take-Off and Landing (Evtol) Vehicle market segments by Applications: Civil, Military

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market:
Chapter 01 - Electric Vertical Take-Off and Landing (Evtol) Vehicle Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market - Pricing Analysis
Chapter 05 - Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Background or History
Chapter 06 - Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Electric Vertical Take-Off and Landing (Evtol) Vehicle Market
Chapter 08 - Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Structure & worth Analysis
Chapter 09 - Global Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Electric Vertical Take-Off and Landing (Evtol) Vehicle Market Research Methodology

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

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Ganesh (Senior Web Analyst)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com

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