Global eVTOL market trends: Traffic congestion and CO2 emissions drive demand

Friday, February 23, 2024

The global market for Electric Vertical Takeoff and Landing (eVTOL) aircraft reached a valuation of USD 10.46 billion in 2022, and it is anticipated to soar to USD 52 billion by 2030, exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 22.43% during the forecast period from 2023 to 2030.

This comprehensive study of the eVTOL aircraft market encompasses an analysis of key regions including North America, Europe, Asia Pacific, and RoW from 2021 to 2030.

The report presents an exhaustive examination of drivers, restraints, opportunities, demand dynamics, market size, forecasts, and trends shaping the global eVTOL aircraft market between 2021 and 2030. It integrates primary and secondary research findings for a thorough understanding.

Key Findings of the Report:

Drivers:

• Escalating traffic congestion and growing demand for aviation services fuel market expansion.
• Increasing concerns regarding CO2 emissions propel the adoption of eVTOL aircraft, fostering market growth.

Restraints:

• Challenges pertaining to infrastructure and technology act as impediments to market growth.

Opportunities:

• Advancements in technology and significant investments present lucrative growth opportunities.

Segmentation:

The segmentation of the global eVTOL aircraft market is structured around::

• Battery type
• Lift technology
• Type of propulsion
• Maximum take-off weight (MTOW)
• Mode of operation
• Range
• Application

Companies Covered:

The report includes analysis of key players such as Volocopter, Textron Inc. (Bell Nexus & Pipistrel), Joby Aviation, AURORA FLIGHT SCIENCES, Airbus, Lilium, BETA Technologies, Vertical Aerospace, Eve Air Mobility, and ARCHER AVIATION INC.

Report Deliverables:

• Comprehensive analysis of both global and regional eVTOL aircraft markets.
• In-depth coverage of all market segments, analyzing trends, developments, and forecasts up to 2030.
• Detailed analysis of companies operating in the eVTOL aircraft market, encompassing product portfolio, revenue, SWOT analysis, and latest developments.
• Growth Matrix offering insights into product segments and geographical areas for market players to consider for investment, consolidation, expansion, or diversification.

Additional Information:

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