1 / 4

eVTOL Aircraft Market Overview by Industry, Share, Trend & Forecast (2021-2030)

The global market for eVTOL aircraft is estimated to be USD 8.5 billion in 2021 and is projected to reach USD 30.8 billion by 2030, at a CAGR of 15.3% during the forecast period.<br>

sandeeproy
Download Presentation

eVTOL Aircraft Market Overview by Industry, Share, Trend & Forecast (2021-2030)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. eVTOL Aircraft Market Overview by Industry, Share, Trend & Forecast (2021- 2030) The report "eVTOL Aircraft Marketby Lift Technology (Vectored Thrust, Multirotor, Lift plus Cruise), Propulsion Type (Fully Electric, Hybrid Electric, Hydrogen Electric), System, Range, MTOW, Mode of Operation, Application, and Region-Forecast to 2030" The global market for eVTOL aircraft is estimated to be USD 8,5 million in 2021 and is projected to reach USD 30,8 million by 2030, at a CAGR of 15.3% during the forecast period. The increasingneed forenvironmentally sustainable modes of transportation and low noise aircraft to be oneof thekeydriversforthe market.Themarketis in for witnessingadoption cargo applications, instance last mile deliveries and transportation of medicalsupplies. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28054110 Key MarketPlayers The eVTOL aircraftmarket is dominated by a few globally establishedplayers such asAirbus SE (Netherlands), Bell Textron Inc. (US), Embraer SA (Brazil), EHang Holdings Ltd (China), and Elbit Systems Ltd.(Israel). Short-range operations is expected to fuel the growth of the multirotor eVTOL aircraft market during the forecastperiod. The multirotor segment is estimated to lead the market during the forecast period, with a share of 79% in 2021. Multirotors are increasingly used in an array of applications, from passenger transport, and emergency services to recreational activities like aerial photography. The lift plus cruise segment is expected to grow at the highest rate during the forecast period as leading manufacturers in the eVTOL market are adopting the lift plus cruise technology as it is less complex and enables long-range travel withstability.

  2. The hydrogen electric segment is projected to witness the highest CAGR during the forecastperiod. Based on propulsion type, the hydrogen electric segment is projected to be the highest CAGR rate for the eVTOL aircraft market during the forecast period.Hydrogen fuel cells are an alternative power source for Electric VTOL. Generating electricity from hydrogen and oxygen fuel cells is vibration-free and is low on maintenance. Fuel cells can offer energy storage and faster refueling, giving them the potential to substitute electricbatteries. The software segment is projected to witness the highest CAGR during the forecastperiod. Based on the system, the software segment is projected to grow at the highest CAGR rate for the eVTOL aircraft market during the forecast period. Aviation software produces insights that enable users to enhance operator safety and efficiency, reduce operational disruptions, improve passenger experience, and make decisions better regarding real-time fleet health. Advanced software systems are required to run complicated systems of urban air mobilityaircraft. The piloted segment is projected to witness the highest CAGR during the forecastperiod Based on the mode of operation, the piloted segment is projected to grow at the highest CAGR rate for the eVTOL aircraft market during the forecast period. Large deployment in civil applications, including air taxi and ems services, will drive this segment. Most of civil Electric VTOL aircraft are designed for urban air mobility, air taxis, medical assistance, and personnel passengertransportation. The last mile delivery segment is projected to witness the highest CAGR during the forecastperiod Based on application, the last mile delivery segment is projected to grow at the highest CAGR rate for the eVTOL aircraft market during the forecast period. The demand for autonomous last-mile delivery is skyrocketing with the rising adoption of autonomous vehicles for the delivery of products without any humanintervention. The 100-1,000 kg segment is projected to witness the highest CAGR during the forecastperiod Based on MTOW, the 100-1,000 kg segment is projected to grow at the highest CAGR rate for the eVTOL aircraft market during the forecast period. Electric VTOL aircraft with an MTOW of 100 -1,000 kg are used for intercity travel of passengers and cargo transportation. The payload that this eVTOL aircraft carries is less than 200 kg. Thus, these aircraft are preferably used for cargotransportation.

  3. The >200 km segment is projected to witness the highest CAGR during the forecastperiod Based on range, the >200 km segment is projected to grow at the highest CAGR rate for the eVTOL aircraft market during the forecast period. Electric VTOL aircraft with a range of >200 km have higher battery capacity. Some of the applications of this aircraft include last mile delivery, air taxis, and privatetransport. The North American market is projected to contribute the largest share from 2021 to2026 eVTOL aircraft market in North America is projected to hold the highest market share during the forecast period. North America accounted for the largest share of 34.5% of the eVTOL aircraft market and is expected to grow at a CAGR of 17.0% during the forecast period. The US has the largest UAV fleet used in military and civil applications. Early adoption of eVTOL aircraft for urban air mobility is also being witnessed in the US. These factors are expected to drive the market in NorthAmerica. Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=28054110 AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™INC. 630 DundeeRoad Suite 430 Northbrook, IL60062

  4. USA:1-888-600-6441

More Related