eVTOL Aircraft Market 2025: Industry Sector, Industrial Growth, Latest Projects, Investment Opportunities, Key Developments

eVTOL Aircraft Market reached US$ 596.25 million in 2024 and is expected to reach US$ 5,664.42 billion by 2032, growing with a CAGR of 32.50% during the forecast period 2025-2032.

DataM Intelligence has published a new research report on "eVToL Aircraft Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Latest Investments

✅ Andhra Pradesh eVTOL investment: Sarla Aviation is investing ₹1,300 crore to build a 500-acre "Sky Factory" in Andhra Pradesh for eVTOL production, testing, certification, and maintenance.

✅ Elon Musk / Tesla & eVTOL: Elon Musk has teased a flying-car prototype (possibly a Tesla Roadster variant) to be revealed by the end of 2025.

✅ Joby Aviation is expanding its manufacturing footprint with a new 2 million sq. ft. production facility near Dayton Airport for scaling up to 500 eVTOL units annually.

✅ Sarla Aviation committed $155M to a 500-acre eVTOL manufacturing campus in Andhra Pradesh, India, targeting domestic production and export markets by 2027.

✅ EHang maintains strong fundraising momentum with over $22 million raised in 2024 for scaling global commercial operations and enhancing autonomous flight capabilities

Key Players:

Archer Aviation Inc., Vertical Aerospace, Eve Holdings, Inc., EHang, Joby Aviation, Airbus, Textron Inc., Wisk Aero LLC, Jaunt Air Mobility LLC and Beta Technologies.

Latest News

Joby Aviation is preparing to operate in Saudi Arabia through a partnership with Red Sea Global and The Helicopter Company, aiming to launch air taxi services linking resorts and urban centers.​

EHang announced the VT35, a two-seat, pilotless, long-range eVTOL aircraft designed for intercity travel, positioning it as a leader in autonomous aerial transport.​

Volocopter is launching Europe's first eVTOL sandbox in 2026 to accelerate test flights, certification, and commercial services across European urban environments.

Growth Forecast Projection:

The Global eVToL Aircraft Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global eVToL Aircraft Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segmentation:

By Technology: Vectored Thrust, Multirotor, Lift Plus Cruise

By Maximum Take-Off Weight (MTOW): 1000 Kg

By Propulsion Type: Fully Electric, Hybrid-Electric

By Mode Of Operation: Piloted, Autonomous, Semi-Autonomous

By Application: Air Taxis, Delivery Drones, Private Transport, Cargo Transport, Air Ambulance, Others

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among eVToL Aircraft producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze eVToL Aircraft revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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Product Launches

EHang's VT35 eVTOL is designed for a 200 km range cross-mountain and intercity missions, featuring full autonomy and advanced avionics.​

Volocopter continues upgrades to its air taxi models, focusing on safety systems and reduced operational costs ahead of European service launch.

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Latest M&A

Joby Aviation acquired Blade Air Mobility's passenger assets for up to $125M to leverage Blade's vertiport infrastructure and onboard passenger base, accelerating Joby's market penetration and urban air mobility ecosystem expansion.

Destinus completed the acquisition of Daedalean, an AI flight systems company, for $225M to boost autonomous flight capabilities for civil and defense eVTOL uses

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