eVTOL Aircraft Market is expected to reach US$ 5,664.42 billion by 2032 | Major Companies - Archer Aviation Inc., Vertical Aerospace, Eve Holdings, Inc., Textron Inc.

Market Size and Growth:

The Global eVTOL Aircraft Market size 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.

The eVTOL Aircraft Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The eVTOL (electric Vertical Take-Off and Landing) Aircraft Market encompasses the production, adoption, and commercialization of electric-powered aircraft capable of vertical takeoff and landing. It serves urban air mobility, air taxi, cargo, and emergency services, driven by rising demand for sustainable, efficient, and low-emission transportation solutions. Growth is fueled by technological advancements, regulatory support, and increasing urban congestion.

Recent Key Developments of United States:

✅ December 2025: Joby Aviation surpassed 50,000 air taxi test miles, including over 9,000 miles in 2025 alone, supporting public demonstrations, piloted transition flights, and point-to-point trips critical for urban deployment.

✅ November 2025: Joby Aviation received FAA Type Inspection Authorization, advancing to Stage 4 of the five-stage certification process and positioning for potential Type Certification in late 2025 or early 2026 to enable commercial operations.

✅ September 2025: The FAA, under a White House initiative, launched the eVTOL Integration Pilot Program (eIPP) to fast-track air taxi operations before full certification, with Joby Aviation and Archer Aviation joining for public-private partnerships in real-world testing.​

Recent Key Developments of Europe:

✅ December 2025: Vertical Aerospace unveiled the Valo eVTOL, featuring an aerodynamic airframe, 100-mile range at 150 mph, and airliner-level safety targeting 2028 certification, with plans for UK airport-to-city routes and seven certification aircraft.

✅ November 2025: Volocopter announced Europe's first eVTOL sandbox program launching in 2026 for VoloCity air taxis and VoloXPro ultralights, featuring real-world flight trials with ADAC Luftrettung for certification and emergency medical services.

✅ September 2025: Vertical Aerospace completed Phase 3 flight testing of its VX4 eVTOL, advancing to piloted transition flights by year-end, validating wing-borne performance and collecting over 22 billion data points with UK CAA and EASA collaboration.

List of the Key Players in the eVTOL Aircraft Market:

Archer Aviation Inc.
Vertical Aerospace
Eve Holdings, Inc.
Ehang
Joby Aviation
Airbus
Textron Inc.
Wisk Aero Llc
Jaunt Air Mobility Llc
Beta Technologies.

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the eVTOL Aircraft Market:

By Technology: Vectored Thrust, Multirotor, Lift Plus Cruise.

By Maximum Take-Off Weight (MTOW): Less than 500 Kg, 500-1000 Kg, Greater than 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:

⇥ 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)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, eVTOL Aircraft market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global eVTOL Aircraft Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global eVTOL Aircraft market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the eVTOL Aircraft Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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